Post on 02-Jun-2020
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The Affiliate Marketing Guide to MakingMoney Online From SuperAffiliate.com
by Kit Elliott
AffiliateMarketing
GUIDE
The Affiliate Marketing Guide to Making Money Online
For the month of December, we're going to focus on Affiliate
Marketing for beginners and more importantly, how to make
your first $1,000 with affiliate marketing. I've now been doing
affiliate marketing going on 15+ years and have surpassed
$10,000,000 in commissions. Let's break down how to make
money with affiliate marketing.
Before we dive in, there are two different sides to Affiliate
Marketing. For example, if you're looking to become an affiliate
and partner with different companies to earn commissions,
then you want to know what it means to join an affiliate
program, the best practices for promoting products and
services and how much you're going to get paid for doing so.
On the other side of this channel are brands that want to pay
YOU to promote their product and service. Next month, we'll
create a series about how brands can create affiliate programs
to attract super affiliates.
If you're looking to make money with affiliate marketing, then
let's get started.
The Affiliate Marketing Guide to Making Money Online PLUS Free Report
The Affiliate Marketing Guide to Making Money Online PLUS FreeReport
What is Affiliate Marketing?Affiliate marketing is an agreement in which an online retailer
pays commissions to an online sales agent known as affiliates.
Affiliate marketing is based on performance and commissions
are generated through a per sale or per lead arrangement.
Get to Know the Key Players in the AffiliateMarketing Business Model
Online Retailers and Brands Online Sales Agents, Partners AKA Affiliates Affiliate Networks Affiliate Management Companies Target Audiences and Customers
The online retailers are looking for online sales agents. They
list their products or services in Affiliate Networks. The major
brands hire affiliate management companies to recruit
affiliates, manage affiliate marketing tools and pay
commissions. Affiliates market the products via blog, sales
funnels, articles, social media, solo ads or ppc advertising.
Online retailers pay affiliates a percentage or a flat fee per sale.
The Affiliate Marketing Guide to Making Money Online PLUS Free Report
The Affiliate Marketing Guide to Making Money Online PLUS FreeReport
Understanding the AffiliateMarketing Business ModelThe affiliate marketing business model hasn't changed much
in the past 20 years. What has changed is focus. Affiliates have
narrowed their focus to discuss relevant information regarding
their sub-niche and have deleted ANY additional/outside noise
that doesn't fit within their space. Write that down. This is
important to earning your first commission with affiliate
marketing.
How the Affiliate Biz Model Works
The affiliate business model works like this: Once you select a
niche, you'll partner with brands to promote their products and
services. They will provide you with marketing tools including
a unique affiliate link. I recommend providing as much value to
your niche's audience through channels (Blog, Social Media,
TikTok, YouTube, Podcast). Check out our How to Start a Blog
series to setup your affiliate marketing blog.
The Affiliate Marketing Guide to Making Money Online PLUS Free Report
The Affiliate Marketing Guide to Making Money Online PLUS FreeReport
Customers click on your recommendations through your
affiliate link. They are redirected to your brand's website.
When a customer clicks on your affiliate link, a cookie is
stored on their computer. When that same customer
purchases a product or service, the network automatically
calculates and pays you an affiliate commission.
These commissions are based on rules set by the brand for
driving that sale. They could pay you per sale, per lead or even
per display.
If you're looking for more hand-handing or on-demand
learning where you learn affiliate marketing and implement at
the same time, then, get on the waiting list for our upcoming
Unstoppable Affiliate Affiliate Marketing Training.
The Affiliate Marketing Guide to Making Money Online PLUS Free Report
The Affiliate Marketing Guide to Making Money Online PLUS FreeReport
How to Get Started with AffiliateMarketingBefore you get started with affiliate marketing, think about a
topic you really enjoy. Let's say you enjoy cat videos (and who
doesn't) or you enjoy knitting sweaters or doing yoga. These
are known as sub-niches. This is one of the most important
steps because you don't want to pick a topic that you dread
because you'll get bored or dread doing the day to day steps
before. This will lead to burn out & honestly, no commissions.
For me, I enjoy graphic design, teaching, cooking healthy food,
tinkering with WordPress, building membership sites, and
crafting really hot ad copy that drives traffic. That's why
teaching affiliate marketing & creating sales funnels around
my healthy cooking fitness niche is really enjoyable. That's
why I've been active full-time doing this for going on 20 years.
Wouldn't you love to get paid around what youenjoy doing?
The Affiliate Marketing Guide to Making Money Online PLUS Free Report
The Affiliate Marketing Guide to Making Money Online PLUS FreeReport
The Most Profitable, Most Popular Affiliate Nichesto Make Money Online
1. The Lose Weight Niche
2. The Health Niche
3. The Tech and Gadgets Niche
4. The Dating Niche
5. How to Manage Your Money Niche
6. The Animal Niche
7. How to Invest Money Niche
8. The Self-Help Niche
9. How to Make Money Niche
10. The Beauty Niche
These niches appeal to people's needs, wants, fears and goals. If
you can give people what they need, what they want, solve their
fear and help them conquer new goals within these niches,
then, you can make a full-time income with affiliate marketing.
The Affiliate Marketing Guide to Making Money Online PLUS Free Report
The Affiliate Marketing Guide to Making Money Online PLUS FreeReport
The Affiliate Marketing Guide to Making Money Online PLUS Free Report
The Affiliate Marketing Guide to Making Money Online PLUS FreeReport
I’m going to say something that might surprise you. If you can
make $1000 in affiliate commissions, then you have the tools
and know-how needed to make $100,000. So what do you need
to do to make that first $1000? Let's get started…
How to Pick a Product Inside Affiliate Network
If you want to hit the ground running, then you need to
promote in-demand products that people are already buying.
Here’s how to do that:
Run a search for your keywords that fall within your niche in
marketplaces like
Amazon.com
and
ClickBank.com.
The Affiliate Marketing Guide to Making Money Online PLUS Free Report
The Affiliate Marketing Guide to Making Money Online PLUS FreeReport
The bestsellers in your niche will generally appear at the top of
the list. Amazon even shows you the sales rank. Meanwhile,
ClickBank will show you seller stats, including “gravity,” which
shows you how many affiliates have sold the product in the past
three months. Gravity is simply the number of affiliates who
have earned affiliate commissions for that product or service.
The higher the gravity, the more affiliates are earning
commission.
Beware of the internet marketing niche because the higher
gravity could mean affiliates buying through their own link.
Gravity is not a true indicator for conversions.
Check what the top sites in your niche are selling.Just run a search for your keywords in Google,and see which products are popular acrossmultiple sites. Chances are, these products haveaffiliate programs. Check your competition. Be very careful with thisone because I have fallen into the trap ofassuming that products and services are goodbecause of a well-crafted blog article, but youcan still check your competition to get ideas onwhat to promote within your own niche.
The Affiliate Marketing Guide to Making Money Online PLUS Free Report
The Affiliate Marketing Guide to Making Money Online PLUS FreeReport
What are the Most PopularAffiliate NetworksIf you're looking for products within your niche, these are the
most popular affiliate networks.
Share a Sale
Amazon Affiliate Program
Clickbank
Rakuten
Avangate
Flex Offers
Avantlink
eBay Partner Network
My goal in 2020 is to create a stand alone directory for affiliate
networks so you can find your products fast within that
directory. Some of the challenges affiliate marketers face is
finding quality products to promote with converting sales
pages in place. Let's tackle that issue in 2020.
The Affiliate Marketing Guide to Making Money Online PLUS Free Report
The Affiliate Marketing Guide to Making Money Online PLUS FreeReport
How to Determine the Products toPromoteReview the sales page to be sure it looks professional. You may
even ask the vendor about conversion statistics.
TIP: If the product is really good but the sales page stinks, there
may be ways to work around this. I've created my own sales
page and then linked directly to the order form. Another work
around is to work with the vendor to get a personalized landing
page up with better copy. Finally, solid preselling may help you
overcome a poor sales page.
Purchase the product and carefully examine the ordering
process. You want to make sure affiliate cookies (tracking for
your unique referral link) stay intact.
Check the sales page for leaks, such as links to other products
or even other payment methods for which you won’t get credit.
Review and use the product to be sure it is a solid product,
something which you’ll be proud to promote.
The Affiliate Marketing Guide to Making Money Online PLUS Free Report
The Affiliate Marketing Guide to Making Money Online PLUS FreeReport
Chances are, as you do all this research you’re going to find
multiple products you’d like to promote. Which leads us to the
next step…
How to Select Additional Backend Offers
Here’s one of the keys to making those first $1000 in
commissions: create a sales funnel of affiliate offers, rather
than selling just one affiliate offer. So while you’re finding and
reviewing products, pick several products that are highly
related to each other.
Here’s what your affiliate marketing sales funnel will look like:
Entry by way of a free lead magnet. This could be presented
within a blog post or a stand alone lead capture page.
The Affiliate Marketing Guide to Making Money Online PLUS Free Report
The Affiliate Marketing Guide to Making Money Online PLUS FreeReport
A low cost, high value offer to turn browsers into buyers (this is
your “tripwire” product that will be from $7 to $20). This works
well for a coaching program but remember, if you already have
built in the presell with your audience then you don't need a
tripwire – they are pre-sold. For example, a few of my clients
have a built-in audience through their podcast. When people
have listened to most of their episodes, they come in with their
credit cards, ready to buy. They don't need a tripwire.
Higher ticket core offer (e.g., $497 price tag, $1997, $5997,
$20,000). This works very well for group coaching.
Assorted other backend products. This could include
membership sites, high-end offers, services and more.
Assorted bonus products to add value to every affiliate offer
you promote. This will boost conversions, build loyalty and
improve customer satisfaction.
Example: You’re promoting a blogging plugin. You can offer
free installation and customization to anyone who purchases
the plugin through your affiliate link.
The Affiliate Marketing Guide to Making Money Online PLUS Free Report
The Affiliate Marketing Guide to Making Money Online PLUS FreeReport
Funnel Example: you offer a sales letter template as a lead
magnet. You promote a copywriting overview course as the
tripwire low-cost product. You promote an in-depth
copywriting course as the main offer. On the backend you sell
an assortment of affiliate offers including additional
copywriting instruction, sales copy templates, copywriting
services, and copywriting apps.
Your goal is to bring prospects into your affiliate marketing
sales funnel, build relationships with them, turn them into
buyers, and then turn them into repeat buyers. Which brings
us to the next step…
The Affiliate Marketing Guide to Making Money Online PLUS Free Report
The Affiliate Marketing Guide to Making Money Online PLUS FreeReport
Create a Lead-Generation SystemAround Your OffersNow you need to put together the following pieces:
Design your lead page. For design help, check
Lead Pages
. They have ready to go landing pages, capture pages with built-
in tracking. You could also use the free page builder Elementor
that I recommend in our
How to Start a Blog for Affiliate Marketing
series.
Create a lead magnet that’s directly related to the tripwire
product in your
affiliate marketing sales funnel.
The Affiliate Marketing Guide to Making Money Online PLUS Free Report
The Affiliate Marketing Guide to Making Money Online PLUS FreeReport
Promote the tripwire at the end of the lead magnet. Your lead
magnet may take the form of:
Report or ebook. Video. Audio. Gear list. Worksheet. Checklist. Templates. Cheat sheets. Planners / calendars. Mind maps. Webinar (or replay). App.
… Or any other similarly valuable and useful product.
TIP: Create a lead magnet that your prospects will refer to
often, like a checklist. That way, they’ll see your links and calls
to action often !
The Affiliate Marketing Guide to Making Money Online PLUS Free Report
The Affiliate Marketing Guide to Making Money Online PLUS FreeReport
Create an autoresponder series that’s purpose is to close the
sale on the tripwire product. For example, if the tripwire
product is a copywriting course, then you might create an
autoresponder series that shares five sales tactics and how to
use them. Every email would include useful info plus a pitch for
the paid offer.
Final step…
Drive Traffic and Build Relationships
At this point you’ve set up an affiliate marketing system where
people enter your sales funnel by requesting your lead magnet,
you turn them into buyers with a “no brainer” tripwire offer,
and then you sell more products (and more expensive
products) on the backend.
Your next step is to send traffic to your lead page.
Examples of Affiliate Marketing Traffic Techniques
Focus on this strategy until you have traffic coming in
regularly.
The Affiliate Marketing Guide to Making Money Online PLUS Free Report
The Affiliate Marketing Guide to Making Money Online PLUS FreeReport
The four most used traffic strategies by affiliate marketers are:
1. Pay Per Click (via Google Ads, Facebook Ads, Bing)
2. Social Media (via Groups and Fanpages)
3. Social Media (via Entertainment on TikTok, SnapChat &
YouTube)
4. SEO (getting ranked for people searching for their problems)
Purchase advertising. You can also buy ads or solo emails
through niche sites directly, or use platforms like Facebook
Ads and Google Adwords to find a targeted audience.
How to Grow Your Affiliate Marketing Business
The Affiliate Marketing Guide to Making Money Online PLUS Free Report
The Affiliate Marketing Guide to Making Money Online PLUS FreeReport
Do something every day to get new traffic to youraffiliate marketing lead capture page or affiliatemarketing blog. Focus on solving your subscribers’ problems. Thisbuilds liking, trust and familiarity, which make itmore likely they’ll purchase your affiliate offers. Add new offers to your sales funnel frequently.That way even long-term subscribers will havesomething new to buy from you. Create multiple mailing lists. Once a prospect haspurchased something through your affiliate link,tag them to a customer mailing list so that youcan start promoting your other offers. Segment your audience with tags. Get clever withyour email marketing. Tag people who click linksto let you know they are interested in differenttopics. That way – you can email specific content& offers to that segment.
The Affiliate Marketing Guide to Making Money Online PLUS Free Report
The Affiliate Marketing Guide to Making Money Online PLUS FreeReport
Affiliate Disclaimers for YourWebsiteWhen the FTC started requiring disclosing relationships,
many affiliates thought that sales would drop. The opposite is
true. People trust you more & will buy BECAUSE you get the
commission.
A disclosure for your website is a statement that informs your
readers that you have an affiliate relationship with certain
brands and they pay you a commission. Before you start
reading any blog post, you will see a full disclosure below the
title of every single blog post.
The Affiliate Marketing Guide to Making Money Online PLUS Free Report
The Affiliate Marketing Guide to Making Money Online PLUS FreeReport
You can easily find privacy policy generators, affiliate
disclaimer examples and terms of use created by attorneys for
you. For this, I recommend using the Website Policies to create
your Affiliate Disclaimers and Disclosures.
You can create a more thorough, lengthy affiliate disclosure
and put it on its own separate page, but this can’t be the only
way your disclosure is made available to your users.
It’s not clear and conspicuous enough.
The Affiliate Marketing Guide to Making Money Online PLUS Free Report
The Affiliate Marketing Guide to Making Money Online PLUS FreeReport
If you receive any form of compensation for affiliate links or
relationships on your website or blog, you need to:
Disclose the affiliate relationship that lets yourusers know about this compensation Place this disclosure in a clear, easy to read wayon your website.
This will keep you compliant with the FTC, with third-party
affiliate programs, and will help earn trust of your users by
being transparent and open about any financial gains from
your blog.
Affiliate Marketing SummaryYour first $1000 in commissions is easier than you think. To
recap, here are the three steps to earning affiliate
commissions:
Create an
affiliate marketing sales funnel
with a lead magnet, tripwire, core offer and multiple backend
offers.
The Affiliate Marketing Guide to Making Money Online PLUS Free Report
The Affiliate Marketing Guide to Making Money Online PLUS FreeReport
Craft a lead generation system with a lead magnet, lead page
and autoresponder.
Pick ONE traffic source, master it, and then add another
source.
And yes, it really is that simple.
Have anything to add or want to share with thecommunity? Leave a comment at our blog here…
The Affiliate Marketing Guide to Making Money Online PLUS Free Report
The Affiliate Marketing Guide to Making Money Online PLUS FreeReport
How to Start a Blog How to Find Profitable Niches Affiliate Marketing Strategy from 2009 that StillWork s
The Affiliate Marketing Guide to Making Money Online PLUS Free Report
How to Start aProfitable Blog
Are you looking to make money doing what you love. I recommend starting a
blog and sharing this with the rest of the world. You can make money with
affiliate marketing by recommending products and services (just like in this
guide).
Let me show you how to get setup and start a profitable blog in the next 10
minutes. Click here for our How to Start a Profitable Blog guide.