An affiliate marketer doesn’t get paid a salary; instead, income is based on clicks or sales from a link. This means that one month, sales could be incredibly lucrative and then dismal the next. Like any business, my affiliate marketing business has seen it’s ups and downs. There is nothing worse than putting in a ton of hard work only to see sales decreasing. With that said, over the long-term, my affiliate marketing business has seen steady growth and even exponential growth at times.
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Solo ads are a form of advertisement where emails are sent out to an email subscriber list. Of course, this costs money and it is not the most efficient way to promote a product. You can’t know in advance how many of the emails will be opened and many times these email lists are low-quality. You are also not the only one sending emails to that list. Although you can make sales with Solo ads you can also end up losing a lot of money.
Of course you want affiliates with high commissions, but they should also have a solid reputation with high conversions and low reversal rates (you get $0 if people cancel after signing up). If they’re part of an affiliate marketplace like ShareASale or ClickBank you can see some numbers there. Companies likes Amazon/SiteGround are safe bets, otherwise do your research (or track your affiliate links so you can monitor their performance). Avoid affiliates offering huge commissions since this probably means they’re struggling to acquire/retain customers naturally. This will hurt your numbers (specifically your conversions/reversal rates).
This is one area that is often overlooked as an “out of my hands” part of the affiliate marketing funnel. Once you’ve sent a visitor to the merchant site, all you can do is cross your fingers and hope they ultimately complete whatever action is necessary for you to get your commission. That’s partially true I suppose. But you have more input here than you may realize.
LinkConnector imposes a very rigorous and lengthy screening process, so you’ll need to prove that you have a high-quality website and established audience before being accepted. Despite its somewhat schizophrenic approach, LinkConnector does have some very happy long-term affiliates. And their “naked links” allow for direct connection to the merchant website without having to be rerouted via LinkConnector, which will give your website an SEO boost.
While you might not be able to count on the same amount of money coming in each month, you can have a strategy that maximizes sales and gives you plenty of leeway if sales through one affiliate marketing program are down. By having multiple streams of income, you won’t even notice when you sell fewer products through one of your programs. Pay attention to trends, seasonal events, and your ideal client to decide how to best maximize your profits.
Insurance comparison sites are fulfilling a need. People don’t want to spend hours looking for insurance, and they don’t find it fun. If you’ve ever found anyone who enjoys this kind of activity, they could possibly be a little crazy. Both Compare The Market and Gocompare.com have not only made the tedious process of finding a policy infinitely faster, they’ve also made it fun. (Think of the free meerkats and the Gocompare man you love to hate.)
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