Before Sharpe ever came into close proximity with the internet marketing field, he was a construction worker. Needing a way to make ends meet, like millions of other people around the world, he turned to a field that could hopefully pay the bills. But try as he might, he was never able to actually get ahead. Until one day, when Sharpe discovered the amount of money being made online by internet marketers, his entire mindset changed.
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.
Your customers, prospects, and partners are the lifeblood of of your business. You need to build your marketing strategy around them. Step 1 of marketing is understanding what your customers want, which can be challenging when you’re dealing with such a diverse audience. This chapter will walk you through (1) the process of building personal connections at scale and (2) crafting customer value propositions that funnel back to ROI for your company.
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.
Many advertisers are unaware of the potential of the affiliate marketing business model for their own businesses, in fact, most small businesses have never heard of it. But imagine marketing your products only to interested people for no upfront fee. Paying only when you get results is a risk-free way of advertising that requires no marketing budget to get started. As you can imagine, this is great for any start-up business with little funding for marketing their new brand.
Another fantastic benefit is that you don't have to rely on selling one product that you have created yourself, or that you have bought in to resell. You don't have to lay out any money by purchasing stock, you don't have to parcel any items or deal with returns. All you need to do is place relevant affiliate links into your blog posts and then continue promoting the blog posts like you normally do! There's no extra work involved apart from getting the link!
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.
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Shoemoney was founded by Jeremy Shoemaker back in 2003, but Jeremy had already proven to be an innovative businessman. While he was attending Western Illinois University, he started his first business which sold Macintosh games, which was followed by NextPimp.com. By 2006, he was named the Best Affiliate Marketing Blog by a little publication called Search Engine Journal. In 2007, Jeremy teamed up with David Dellanave to start the eBay affiliate service AuctionAds – which was named the “eBay Most Innovative Application-Buyer” at the 6th annual eBay Developers Conference.
In 1994, Tobin launched a beta version of PC Flowers & Gifts on the Internet in cooperation with IBM, who owned half of Prodigy. By 1995 PC Flowers & Gifts had launched a commercial version of the website and had 2,600 affiliate marketing partners on the World Wide Web. Tobin applied for a patent on tracking and affiliate marketing on January 22, 1996, and was issued U.S. Patent number 6,141,666 on Oct 31, 2000. Tobin also received Japanese Patent number 4021941 on Oct 5, 2007, and U.S. Patent number 7,505,913 on Mar 17, 2009, for affiliate marketing and tracking. In July 1998 PC Flowers and Gifts merged with Fingerhut and Federated Department Stores.