Affiliate marketing is an extremely popular tactic to drive organic, qualified traffic to your site and generate serious, commission-based online sales. Extremely advantageous to affiliate marketers and brands alike, this new drive towards less conventional marketing tactics has rewarded quite well. In fact: There's a whopping 10.1% rise in affiliate marketing spending in the U.S. every year, which means that in just the next two years, that figure will grow by over ten percent!
How do you make sure your campaigns are giving you the best return on your investment? It's important to make sure you're maximizing your return on investment (ROI) with all your marketing strategies. This is possible through a multi-pronged approach that takes into account everything from your own marketing skills to what your clients want. Once you do this, you can start seeing amazing results that only a few short weeks ago seemed unlikely.
One of the things that many marketers struggle with is getting started. When I first got started online, I struggled too. Not able to write very much and having no real clue about anything except that I wanted to make money! After months of struggling, I finally found something that was making me money - WordPress. It was so easy to use that I made a whole portfolio of blogs (with graphics and videos if people are interested) and started earning money instantly.
But after that, my income started to creep up, but not as rapidly as I'd hoped. Then I started doing email marketing. My first mistake was buying a list, but after making a few mistakes and having wasted a lot of money on free email leads, I realized it wasn't working. List building is incredibly effective and I'm sure many affiliate marketers have used different lists but none seem to be as effective as mine. So what's the difference between a list that don't convert and one that does?
Subscribers make money by being exposed to an affiliate marketer's message. So if you're just starting out and having a hard time getting your sales funnel set up, I strongly recommend that you sign up for multiple affiliate marketers' accounts and market to each of them individually. With multiple accounts, you can make sure you're not losing subscribers to each individual market and you can also make money from your dormant accounts by sending out messages in various markets to capture subscribers. If you set up each market yourself, it will take longer to start seeing results, but it's a much more effective way to build a passive income. It will also save you quite a bit of money in advertising costs.
Ecommerce platforms such as bigcommerce are becoming more competitive. This is why ecommerce marketers are always looking for ways to attract more subscribers and increase their sales. Many have tried affiliate marketing but haven't made any serious money because they didn't know how to effectively use it. Most importantly, people still don't realize how powerful having your own ecommerce site is. By using ecommerce platforms like bigcommerce, you can display your products easily and have a big impact on your revenue.
Another reason why so many marketers aren't making serious money with affiliate links is because they're making too much. Even though the commission rates may look good, you need to remember that you have to earn money in order to pay commissions. It's all about the dollar value. If you're selling a digital product for $10 and you get a 1% commission, that's only worth ten dollars. You need to multiply that percentage by the number of products you have to sell to get a good idea of how much you should charge.
Lastly, another big mistake affiliate marketers make is to buy organic traffic instead of paying for conversion rates. Organic traffic will convert just as well as paid traffic. The problem is that it costs much more than paid traffic. You can still get some great conversions from organic traffic without spending too much money - you just have to know how to do it.
Learn how to create a six-figure per year income working from home in your spare time
DISCOVER: A Simple, Scalable, and Sustainable method for creating PASSIVE income online that HUNDREDS of people have followed to help them replace their 9 to 5 jobs and live a lifestyle of time money FREEDOM since 2017