There’s definitely money to be made with what they teach but because you’re 100% dependent on paid traffic, its also big risks and doing affiliate on paid traffic is definitely not the easiest business model out there because you’re only working with very slim margins. Anyway here’s an example of an Ad I created with Gerry and my MentorMe coach Nick.
Understand the basics of how affiliate marketing works. Many online retailers who sell products or services offer affiliate programs. If you decide to sign up for a company’s affiliate program, you get a tracking link to put on your blog. When visitors click on that link, the link stores a cookie in their browser that remains for a set period of time, such as 60 days. If the visitor purchases a product from that merchant site within the time period, you earn a sales commission.
At times, things can go wrong, and it is good to be aware of the issues that might occur. In this chapter, you will learn about fraudulent affiliates, whether the automatic approval of affiliates really is a time-saver, what cooking stuffing and trademark violations are, and about affiliate scams. Motivating affiliates can become an issue for merchants, which is why you will also learn about tactics that can help you motivate your affiliates.
Let’s start with the first scenario above. Suppose an affiliate is generating $100,000 in monthly revenue for a merchant, and getting $25,000 in monthly commissions. In this case, the network between the two may be taking $10,000 a month for its part in the process. In this case, the merchant may attempt to go around the network and set up a direct relationship with the affiliate–perhaps with a 30% commission.
Sure, you’re not the brand itself, but you are employed by various brands, and I’m sure you want to see success in this industry. For that reason, it’s important you take control and learn about your audience while trying to form connections. Take cues from your competitors or other affiliates. What kind of advertisements are they utilizing, and do they seem to be working?
Most brands rely on search engine optimization and PPC ad traffic to find and engage new leads. However, marketing through social media can be an excellent outlet for bringing in new consumers. As we discussed above, recommendations or reviews on social media can go a long way in helping your brand connect with customers that you didn’t know existed. But there are other ways that your company can use social media to tap into new markets.
In addition to this, there is no regional or international time difference for you to worry about that will affect the reachability or availability of your offers or online campaigns. Whenever someone opens their computer and connects to the internet, there is a higher chance of them seeing your marketing campaign. Furthermore, customers can look for your product at their most convenient time.
Advertisers have a wide variety of ways of presenting their promotional messages, including the ability to convey images, video, audio, and links. Unlike many offline ads, online ads also can be interactive. For example, some ads let users input queries or let users follow the advertiser on social media. Online ads can even incorporate games.
The internet is full of business potential, but it is also rife with competition. In this situation, it becomes really tough to sell your products or services. Affiliate marketing can help you effectively promote your product on the web. By helping you reach out to a large potential customer base, affiliate programs help you to connect with millions of customers across the globe.
Many networks provide metrics on the earnings of other affiliates with certain offers. The standard metric is EPC, or earnings per click. This unit is generally presented as the total earnings for every 100 clicks received. An EPC of $97 means that for every 100 clicks on an affiliate link to that merchant, affiliates are generating $97 in revenue.
While you can create become an affiliate marketer without a website, it is still better that you do. With a website, you can start earning passively by having the prospects come to you. In this course, you’ll learn some techniques on how to attract the right prospects by creating high quality affiliate websites. You see, affiliate websites are different from ordinary salespages. They have a different design and writing that you need to learn. You can learn all of that in this course. From choosing your niche to launching your site, this course have you covered.
The other form of integration is when businesses coordinate their online marketing with their offline marketing. The methods mentioned before are effective on their own, but imagine how much more effective is when the online ads are reinforcing what they've seen on local billboards, TV ads, etc. Making an effort to coordinate all the various advertising and marketing channels can be tricky, but it is worth it for business owners to make the effort or to hire people who can handle this coordination and implementation for them.
Have your own product? You may want to create your own affiliate program instead. In this course, you’ll learn about the different tools that you can use to create an affiliate program for your website. With these tools, you can automate signups and payments. This means that you no longer have to manually count referrals and send commissions. Everything is done for you. This course is perfect for ecommerce website sellers or people who already have their own products. This will allow them to recruit an army of affiliates to do the marketing for them.