In the case of cost per mille/click, the publisher is not concerned about whether a visitor is a member of the audience that the advertiser tries to attract and is able to convert, because at this point the publisher has already earned his commission. This leaves the greater, and, in case of cost per mille, the full risk and loss (if the visitor cannot be converted) to the advertiser.
Shopify is a very popular site building platform for people interested in building eCommerce stores. It has been around for the past few years and seen significant growth in its user base over this time. You can earn a staggering 200% per sale for every new customer you refer to them, which means that there is up to $2400 per new customer on offer.
You will want a website, that is provided for you within Wealthy Affiliate on their top tier hosting. You get this included in your membership. A website is important as it is the foundation for your business (your storefront so to speak). The process is not technical these days so don’t be scared by the idea of “creating a website”. You are going to be just fine.
There is no shortage of products you’ll be able to promote. You’ll have the ability to pick and choose products that you personally believe in, so make sure that your campaigns center around truly valuable products that consumers will enjoy. You’ll achieve an impressive conversion rate while simultaneously establishing the reliability of your personal brand.
Finally, if you’re only planning on “dipping your toes in the water” to see what affiliate marketing is all about, do not sign up for the premium membership. The free membership is more than enough for you to see what it’s all about. Premium membership should be reserved for those who are actually serious about building a real business for themselves. If you aren’t in this for the long-haul, there is no reason to waste your money.
There are many ways to get people onto your list. Lead magnets are one such resource. For example, you can build ebooks, checklists and cheat sheets. But you can also do content upgrades, such as PDF versions of an article with added resources in them, four-part video training series, and more. Think about your audience and what you can offer them to better serve them, then treat them with some respect and you'll eventually reap the rewards.
It’s important to know where your traffic is coming from and the demographics of your audience. This will allow you to customize your messaging so that you can provide the best affiliate product recommendations. You shouldn’t just focus on the vertical you’re in, but on the traffic sources and audience that’s visiting your site. Traffic sources may include organic, paid, social media, referral, display, email, or direct traffic. You can view traffic source data in Google Analytics to view things such as time on page, bounce rate, geo location, age, gender, time of day, devices (mobile vs. desktop), and more so that you can focus your effort on the highest converting traffic. This analytics data is crucial to making informed decisions, increasing your conversion rates, and making more affiliate sales.
I’ve noticed that a lot of people who sign up for Wealthy Affiliate are those who are in dire need of financial help. They may have lost a job or may have suffered some other financial setback such as medical issues. The thing is, there’s no reason these people should stay away from Wealthy Affiliate, but many of them have this expectation that they can create a full-time income in a matter of weeks or even a few months. That is NOT the case. Remember, it takes an average business 3 years to profit. Fortunately, it will not take that long with an online business, but it will take considerable time and effort. If you need an income source fast, Wealthy Affiliate is not the place to provide that. Instead, Wealthy Affiliate teaches you how to build a real, sustainable online business over a period of time that will also last a long time.
However, one day I had a reader offer to write a book review for me. I knew the reader so I was confident the review would be OK to publish. As with all my reviews, it had an affiliate link to Amazon in it. I was a little skeptical about whether the review would convert. I thought my readers might not respond as well to a stranger’s review of the book. I was wrong.
I was a skeptic for years! I researched every which way to make money online, and could not find a program that interested me or I thought would work for me. I stumbled upon WA by accident, and it had something that others didn’t…A training platform. I really wanted to LEARN how to create a business online, and learn by trial and error yet have the support of a community to help guide me if I got lost.
You can sell your ebooks through Amazon's Kindle program or Apple's iTunes Connect, which gives you access to a large majority of the digital-book reading market and the barriers for entry are incredibly low. You don't need to invest lots of money to make this happen, but you do need to invest lots of time, not only in writing the ebooks, but in marketing them as well.
It’s a great way to make passive income. Of course, when I say “passive”, this doesn’t account for the time needed to spend building or maintaining your WordPress site. However, in terms of having to promote these affiliate links, you can put in as much or as little work as you want to drive traffic to them. This obviously makes this a great option for a passive income stream if you’re not in the business of e-commerce.
I would also like to see a forum built into the platform. Wealthy Affiliate has a unique way of building a community and I understand why they shy away from a standard forum type of format. Instead, they want to promote live chat sessions, blog posts, private messaging, and public questions where people can comment below. This type of setup is pretty cool at times, but I also do enjoy forums where I can just browse by topic.
ClickBank allows you to join for free, and the approval process is virtually automatic, so it’s a great choice for people entering the affiliated game for the first time. ClickBank has a ton of information, including FAQs, walk-throughs, and videos available, so the barrier to entry is quite low. There’s also a (paid) program called ClickBank University with courses and assistance from experienced marketers.