Finch Sells is a great resource if you’re new to affiliate marketing, since Finch describes how he got started with affiliate marketing, explains how the industry is segmented and provides advice on how you can begin in an easy-to-understand and comical way. He also provides a priceless Survival Kit and a list of resources that ranges from blogs to events to tools.
The General Data Protection Regulation (GDPR), which took effect on May 25, 2018, is a set of regulations governing the use of personal data across the EU. This is forcing some affiliates to obtain user data through opt-in consent (updated privacy policies and cookie notices), even if they are not located in the European Union. This new regulation should also remind you to follow FTC guidelines and clearly disclose that you receive affiliate commissions from your recommendations.
Affiliate marketing currently lacks industry standards for training and certification. There are some training courses and seminars that result in certifications; however, the acceptance of such certifications is mostly due to the reputation of the individual or company issuing the certification. Affiliate marketing is not commonly taught in universities, and only a few college instructors work with Internet marketers to introduce the subject to students majoring in marketing.
Stay Constant — Everything takes time, if you stop posting on Social Media you will not get results. Notice how Gary Vaynerchuk suggest for you to focus on your organic reach for an entire year… He doesn’t suggest 2 months, or a week, but a year. It’s very important to stick with social media because when you do your results will reflect your efforts.
Affiliate marketing - Affiliate marketing is perceived to not be considered a safe, reliable and easy means of marketing through online platform. This is due to a lack of reliability in terms of affiliates that can produce the demanded number of new customers. As a result of this risk and bad affiliates it leaves the brand prone to exploitation in terms of claiming commission that isn't honestly acquired. Legal means may offer some protection against this, yet there are limitations in recovering any losses or investment. Despite this, affiliate marketing allows the brand to market towards smaller publishers, and websites with smaller traffic. Brands that choose to use this marketing often should beware of such risks involved and look to associate with affiliates in which rules are laid down between the parties involved to assure and minimize the risk involved.
It doesn’t let the link influence its decision of whether to include or omit anything it deems worthy of inclusion, as to do so would damage its trust rating. There’s a lot you can learn from taking this stance. Remember, your site should be built with your visitors in mind, not profit. Take care of your visitors and the profits will take care of themselves!
Once you have a thorough profile of your customer, determining how and where to reach them is much easier. This step may take awhile, and that’s OK. If you start marketing before you have a clear customer profile though, you will likely be wasting your dollars in places that will never reach your customer. Just because Pinterest is growing rapidly, doesn’t mean your audience is the one making it grow.
Not promoting the right products is a common issue with newbie affiliates. Would you purchase the product you are promoting through a website? Think about it. You can advertise a Ford dealership on your website until the cows come home, but will anyone seriously purchase a brand new car via a website without visiting a garage? I don’t think so. Don’t market cars, houses, wedding venues, perfume or dogs online. Do market products people will actually buy from a website without seeing them in the flesh!
Sometimes, individual entrepreneurs with great products are worth a look, although you should check them out first and do some research. Entrepreneurs or companies may run their own affiliate program and you can apply directly to them to promote their products and services. Finally, Amazon is always an option as you can be an affiliate for just about any type of physical product on their network.
hey sean, am a newbie who is so ethusistic about online marketing. great post , i must commend , it came in handy. through your post i clearly understand that an affiliate mustr have a website and a blog as a platform for promoting the good and services. here the thing with me , i dont have either of them and am asking ….. is it advisable for me to delve in affilate marketing peradventure i get a blog running now …?
The third advantage of affiliate marketing is that the earnings are uncapped – you aren't tied down to promoting just one product, service or company. You can sign up to as many affiliate programs as you want and promote products wherever they fit well into your blog. There are so many examples of how this can work, from a parenting blogger promoting a book their child is loving to a thrifty blogger promoting a sale. There are also plenty of ways to promote affiliate links – they can be shared on social media platforms such as Twitter and Facebook to reach more potential customers and increase sales.
Make it easy for readers to share your content directly from your blog with social media share icons. If you’re a social media star and your content is highly shared, use the shared number tool, so readers will know when 1K+ others have shared your content to Facebook, LinkedIn, or other platforms. Place the buttons before, after, or floating to the side of your content for the most use.
As an affiliate marketing blogger, you’ll develop an eye for new products and services that hit the market in your niche. Whether it comes at the recommendation of an affiliate program or a fellow blogger, new products will emerge that make your life better (and you get to share that with your audience). Check out these affiliate programs if you’re on the hunt for good affiliate products:
It’s much easier to promote a product that already exists than it is to create something from scratch, educate the consumer, and launch a marketing campaign. By utilizing an affiliate program, you avoid the hassles of product development, launching, and inventory. Your focus is on a product or service that works well for you—not finding storage space for the latest gadget you created or trying to code an update to a software tool.
Avinash Kaushik, a marketing evangelist for Google, blogs about data-driven decision making and empowering ideas for companies to make evolutionary leaps in their strategies, in an extremely interesting way. He is the co-founder of Market Motive and the Digital Marketing Evangelist for Google. It’s one of the best marketing blogs on digital marketing analytics.