Setting goals, planning, personalizing, building strong relationships, and analysis are five key elements to a successful Valentine’s Day promotion (and any promotion for that matter). The more thought goes into a promotion, the more likely it is to be successful. Affiliates want to know that their best interests are being served and through the five tips mentioned above you can assure them that they are.
Michael’s video series is always very strong. It’s one thing he excels at very well. This is the opportunity for people to get to know Michael and the man behind the mission (and the solution that’s coming). Promoting this was important for adding trust, so I added small CTAs in existing emails to seed the idea of the course and begin feeding the more interested parties into the video series:
Leadpages claims that its affiliate program is not exclusively for affiliate marketers, which is true, but the narrow focus of this niche means that only professionals affiliate marketers will ever be able to earn significant income from the program. Leadpages’s affiliate program does offer quite a lot of different options (webinars, videos, blog posts, free marketing courses, etc.) to send referrals to, which can lead to higher conversion rates if done correctly.
In general, you want to ensure that the affiliates you’ve chosen are active within the right niche for the products being promoted. And don’t underestimate the impact of empowered affiliates that have their heads (and hearts) in the game; they have the potential to skyrocket your sales – and make running your affiliate program a lot more enjoyable, too!
Income potential is strong. PayScale reports the median income for an Internet marketing specialist is $46,638. Typical Internet marketing specialists may charge anywhere from $20 to $100 per hour or more, depending on the type of services provided and your skill level. Further, some earn commissions or bonuses, particularly if marketing strategies have good results.
When considering a bonus promotion, offer an incentive that distinguishes you from your competitors. Maybe it’s a free style makeover; maybe it’s a single day of outrageous commissions. Look at what you have to offer, and work it into a creative affiliate promotion. Also, be sure you have properly defined the objective of the promotion. If you’re trying to drive affiliate engagement, tie the incentive to traffic. If you’re trying to drive revenue, tie the incentive to sales. And always make sure you measure the impact of your promotion so you know what works.
Making Sense Of Affiliate Marketing – An easy to follow online course that teaches you the ins and outs of affiliate marketing. It’s written by Michelle Schroder who makes $100K+ a month from her blog. A genuine super affiliate that shares her success stories and affiliate marketing techniques with her community both on her private Facebook group and on her blog. Sign up here.
An important step is to get out and talk to prospective publishers and business partners. Do they participate in affiliate programs already? What has the yield been in terms of performance? What are the typical revshares that ad networks are taking? What are typical conversion rates? What would be the incentive for publishers and business partners to promote your products and services?
I found the course extremely helpful especially as i am a beginner. Lisa is excellent at explaining which is important when you are starting out. She has made me understand the importance of finding the right niche and that to me is where most of us go wrong. I am extremely grateful for a course like this and would like to take this opportunity to thank you Lisa for creating a course that helps others! – Michelle
At its core, affiliate marketing is an online referral program where merchants pay commissions to publishers on sales generated by customers they’ve referred. The merchant can be an online retailer like eBay, or a service provider. Individuals and companies referring the traffic are called publishers, or affiliates, who publish content on the web promoting the merchant’s offerings. Customers are the people that click on the promoted content and make a purchase or complete a specified action. Payment is typically in the form of commission, but sometimes merchants offer a flat rate for a specific action, or a bonus for a type of visitor. EPN offers both commissions and bonuses.
My business, Pure Residuals, was developed and launched in July of 2013. It is my primary website, but one of many over the previous 10-15 years of earning real money online. I have made thousands of dollars selling other peoples' stuff for fantastic commissions and I truly enjoy doing it and teaching others how to get started and eventually become a full-time online marketer.
#2: Another great program is Jon Dykstra's Niche Tycoon. This focuses on paid traffic and outsourcing content to make money with Google Adsense (and similar programs). It requires a bit more of a budget, and also has less of a support community than Wealthy Affiliate, so it's best for people with a bit of online marketing experience and some money to get their business going.
The product I promoted during this campaign is an online course created by Michael Hyatt called 5 Days to Your Best Year Ever, and I’ve personally used it for the past three years in a row. It updates each year, and is only open for a three-week window near the end of each year. [Full Disclosure: As an affiliate, I receive compensation if you purchase through this link.]
Can you make money with affiliate marketing? The short answer is yes, affiliate programs can earn a extra money and even a full-time income from home. The long answer is a little more complicated. Like any home income venture, success comes not so much from what you choose to do to make money, but whether or not you do what needs to be done correctly and consistently.
Disney initially stated they wouldn’t exceed one million in donations, but ended up donating two million after the campaign blew up. #ShareYourEars campaign garnered 420 million social media impressions, and increased Make-A-Wish’s social media reach by 330%. The campaign is a powerful example of using an internet marketing strategy for a good cause. #ShareYourEars raised brand awareness, cultivated a connected online community, and positively affected Disney’s brand image.
While these models have diminished in mature e-commerce and online advertising markets they are still prevalent in some more nascent industries. China is one example where Affiliate Marketing does not overtly resemble the same model in the West. With many affiliates being paid a flat "Cost Per Day" with some networks offering Cost Per Click or CPM.