The internet has also experienced more than a 100% growth in the past 2 years in terms of sales generated.
In other words, the internet is a serious marketplace with huge potential for businesses that can capitalize on available opportunities.
When it comes to making money online, there are two categories of people:
- The product creators
- The affiliate marketers
Those who sell physical products, eBooks or even services will fall into the category of â€œproduct creatorsâ€ and theyâ€™ll be creating a product and delivering it to the end user.
Those who market products for product creators on an agreement that they receive a percentage of the sale are affiliate marketers, and affiliate marketing is one of the most profitable ways to make money online.
Zac has pretty much gotten affiliate marketing covered on this blog; he not only gives practical tips that have resulted in millions of dollars for him over the years, but he also gives actual examples of products you can promote as well as opportunities you can capitalize on.
As weâ€™re almost in the New Year, Iâ€™m following Zacâ€™s footstep and will be sharing a few tips with you on how to find the best affiliate products to promote.
The New Year is when most people make commitments to do new things, start afresh and take new leaps. It also presents one of the best opportunities for affiliates and this post will not only be sharing how you can find highly profitable affiliate products you can promote, but Iâ€™ll also be giving examples of great affiliate products you can get started with.
Letâ€™s get started!
Tip #1: Know Your Target Market
When it comes to affiliate marketing, most people believe that the ultimate determinant factor is how much traffic or marketing you can get.
That is very far from the truth.
While traffic is important, knowing your target is much more important.
Knowing your market properly will determine whether you get a 5% conversion rate for a product you promote or whether conversion will be nonexistent.
In my own experience promoting affiliate products on my blog, Iâ€™ve promoted affiliate products that didnâ€™t result in a single sale even after sending around 500 hits to the affiliate site and Iâ€™ve also promoted products that resulted in dozens of sales with the same 500 hits.
When I analyzed my best performing and my worst performing affiliate offers, I noticed that the reason the products that didnâ€™t convert did not convert wasnâ€™t because they werenâ€™t good but because they were irrelevant to my audience.
Selling a list building product to an audience of freelancers that donâ€™t believe in the value of having a blog, let alone an email list, will result in poor conversions; selling the same product to an audience of active internet marketers will result in a lot of sales.
While your offer is also important, knowing your audience is the most important thing you have to do as an affiliate to get the best products to promote.
Tip #2: Analyze Your Offer
When youâ€™re promoting an affiliate product, analyzing your offer is very important if you want to get results.
Not only should you make sure that the products you promote are relevant to your readers, but you should also ensure that the offer is a win-win for both you as an affiliate and your audience.
For example, getting 100 people to sign up for an offer that only pays $5 per sale will make you $500 while getting 20 people for an offer that pays $50 per sale will result in you making $1,000.
When it comes to analyzing your offer, you shouldnâ€™t only ensure you get paid well for your efforts as an affiliate. You should also make sure that the product has better conversion rates.
You can determine how effective a product will be at converting customers by calculating the need for the product in the market, what the product can do as well as its perceived value, how much the product costs and how well written the sales page for the product is.
If all these things are in place, you canâ€™t fail by promoting a particular product as an affiliate.
Here are some affiliates offers that I think will have great conversion following the formula I explained above.
1. Easy WebContent
Easy WebContent is an easy to use site builder that offers robust affiliate commissions.
Hereâ€™s how it meets the formula I outlined above:
The Need for the Product in the Market: While a lot of people starting out today decide to start a blog, a lot of small businesses are started by people without technical knowledge and who want an easy way to create good looking websites.
If youâ€™re selling to a group of small businesses that want to create a website, compared to the technical software that has to be installed on your computer and having to learn how to use ftp software, Easy WebContent is significantly easy to use. Thereâ€™s a great need of this product.
What the product can do as well as its perceived value: Without having to design your website in HTML software, uploading your content via FTP and going through the process again whenever you want to update your website, Easy WebContent makes it easy for you to edit your website as if you were using WordPress.
It has a site builder that helps you build and design a website from scratch as well as an HTML editor that can be used to edit existing HTML websites.
You also have access to variety of themes that can be easily customized to suit your taste.
Furthermore, you get hosting with your subscription to the site; considering the fact that it costs around $10 monthly to use the service, you get both hosting, design and a tool that helps you create simple websites without stress.
It has great perceived value.
How much the product costs: At $10 a month, the cost of the product looks a lot lower than the perceived value. This means a lot more people will take on the offer.
How well written the sales page for the product is: Upon landing on the product homepage, you know exactly what Easy WebContent can do and whether it is for you. Based on what I can see on the homepage, the message is â€œIf you want to design beautiful websites without technical knowledge, this is for you!â€
The sales page of the product is well written since it makes it clear instantly who the product is for and what you can benefit from using the product.
With the above factors met, and with a $50 – $80 commission for affiliates, this product seems like a great product to promote.
Another product that demonstrates the qualities a great product must have is WebNotHosting, a great web hosting company.
Hereâ€™s how WebNetHosting meets the condition for a great affiliate product:
The need for the product in the market: Whether you want to create a blog, an HTML website or an ecommerce site, you need hosting.
You canâ€™t have a website that is not hosted, so WebNetHosting meets the criteria as a product that is needed in the market.
What the product can do as well as its perceived value: With unlimited domain names allowed, â€œunlimitedâ€ hosting space and the ability to install dozens of software applications directly to your website, and at $4 a month, WebNetHosting offers a lot and costs less compared to most of its competitors in the market today.
WebNetHosting has a higher perceived value compared to what it costs so a readerâ€™s chance of signing up to use it is very high.
How much the product costs: WebNetHosting costs less than $4 monthly for â€œunlimitedâ€ hosting, which is easily affordable for most people and also a great offer for the service offered.
In this case, the price of the service would not prevent people from signing up.
How well written the productâ€™s sales page is: The sales page is simple. No big texts or red highlighters, just a simple homepage that makes it clear what youâ€™ll be getting if you sign up.
The offer is presented quickly and the reader has less time to read and more time to take action; this in turn increases your chances of conversion.
After analyzing all the above, by paying affiliates a $75 – $135 commission for every customer referred, WebNetHosting seems like a great service to promote.
Visit WebNetHostingâ€™s affiliate page!
While the product you have to promote differs for every niche, the above two products should give you an idea when it comes to choosing products to promote as an affiliate.
Tip #3: Promote Exclusive Products
When youâ€™re promoting the same products a lot of people, especially top bloggers, are promoting in your niche, your chances of making a sale will be slim.
You can take advantage of this situation and make more affiliate sales by only promoting exclusive products.
In other words, look for high-converting affiliate products that meet the criteria I explained earlier in this article and that very few people are promoting.
Sometimes, these products donâ€™t have a default affiliate program set up and sometimes very few people promote the offer.
You can get in touch with the product creator to ask about the process you have to follow if you want to be an affiliate; being the only one, or one of the very few promoting a great affiliate product in your niche will result in more sales for you on the long run.
Tip #4: Leverage Top Affiliate Networks in Your Niche
While affiliate networks will often remove the exclusivity advantage you will have when promoting a certain product, they have their own benefits sometimes.
A major benefit that comes with using an affiliate network is higher payouts. With Hostgator web hosting for example, depending on how many users you refer monthly, youâ€™ll be paid $50 per referral if you sign up directly through them. By using Commission Junction, however, youâ€™ll be paid $100 per referral.
The same thing goes for Bluehost; by promoting Bluehost via Commission Junction instead of directly as an affiliate through their website, youâ€™ll be paid $100 per referral instead of $65.
Most affiliate networks are also well known and trusted, and this can be advantageous in some niches.
You should always look out for great products on affiliate networks but donâ€™t be too reliant on them.
This guest post was written by Joseph. If you want to build better websites or edit existing websites to help you make more affiliate sales, Easy WebContentâ€™s site builder and HTML editor can come in very handy.
Meet the Entrepreneurs and Experts of Affiliate Summit West 17
Thousands of internet marketers, entrepreneurs, content creators and brands will ascend upon Las Vegas this weekend for Affiliate Summit West 2017. Not only has Affiliate Summit become one of the largest affiliate and internet marketing conferences in the world today, it’s also one I’ve been closely associated with ever since the beginning. From it’s first conference in a small room in New York City with just a couple hundred people to now having more than 5,000+ attendees and conferences twice per year, it’s always been great to attend as both an attendee and speaker.
At the same time, it would be a huge mistake to discount Affiliate Summit as just another networking of marketing conference. The relationships, businesses and life experiences that are a result of the event is second to none — which I why I always recommend everyone to attend, no matter their current level of expertise.
By the way… if you are attending, don’t miss the awesome “How to Become a Millionaire Blogger” panel with myself, John Chow, John Rampton, and Syed Balkhi. It’s almost always standing room only, and rated as one of the highest attended and most valued sessions of Affiliate Summit.
Over the years I’ve literally met thousands of people through the conference and built many powerful relationships and business opportunities as well. With each new year, new speakers, entrepreneurs, and bloggers will take the next step in becoming financially independent, starting a side business or simply changing the world in some way or another.
To help you not only get inspired for this year’s Affiliate Summit West conference but also get inspired with just a glimpse of the talent at this event, I wanted to highlight some of my previous podcast guests, who will also be speaking at #ASW17. Enjoy, and I hope to see you there!
Inspiring Stories and Marketing Tips from Affiliate Summit Speakers
Below you will find a list of speakers currently on the agenda for ASW 17. However, through my podcast I’ve interviewed more than 80 different industry experts… many of which who will be also attending the event in one way or another. Be sure to check out the full list of interviews here.
Shawn Collins the co-founder of Affiliate Summit, which has become the largest affiliate marketing conference in the world today.
I’ve been good friends with Shawn for a while now and we’ve both been able to experience the affiliate marketing industry completely transition and develop over the past 15+ years. We were both in attendance at the Affiliate Force cruise, which was one of the first attempts at an affiliate marketing conference, but knew it could be done better. At that point Shawn and Missy decided they could do it better and the rest is history!
John Chow is one of the most well-known and successful bloggers in the world. If you’ve ever Google’d “how to make money online” or “how to make money blogging”, you’ve probably come across his name and site several times.
The amazing thing about John Chow was that he was never supposed to make money with his blog in the first place. What was originally just going to be a blog on his personal life and what he ate for lunch, soon became a “money making case study”. As John learned new and exciting ways to monetize his blog content and audience, the money just kept rolling in.
Jump forward several years later and his blog is now generating over six-figures per month, and most of it recurring and automated through his amazing sales funnel system — all of which John talks about in this episode.
Rachel Honoway is the CEO of For Me To Coupon. However it’s not her current position that we are focusing on, instead it’s the great journey that’s led her to where she is today.
The start of Rachel’s journey in the world of online marketing is nearly 20 years in the making. Rachel’s first job was at an internet marketing company called Kowabunga, where she first came in as an intern. As the company continued to grow in size, so did Rachel’s daily tasks and her job title. The company was soon acquired and Rachel was then managing more of the company than ever before. Once leaving Kowabunga, Rachel had a wide range of opportunities over the years before ending up at For Me To Coupon, where she is the CEO today — which is all discussed in this latest episode.
Syed Balkhi is not only a master at WordPress, but he is also an awesome entrepreneur.
Since an early age Syed has always had a passion for business and building success. This could be seen from the early years of his life when he was just a kid in Pakistan and selling greeting cards. Then later in life while in high school, Syed started developing sites of his own while quickly discovering what the internet had to offer.
Today Syed runs some of the most powerful and heavily trafficked sites in the world… and yes, they are all powered with WordPress!
Stephan Spencer is an SEO expert. He’s also the author of Google Power Search and co-author of The Art of SEO… so it’s safe to say he knows his stuff when it comes to SEO and ranking sites in the search results.
How sites rank in the search results can go all the way back to before 2000, which is when Stephan and his NetConcepts company started getting heavy into SEO services. The thing about SEO is that it’s always changing, so to be one of the best SEO experts in the industry, Stephan is continually at the forefront of the industry and connecting with some of the most successful experts, businesses, and brands in the world.
Geno Prussakov is an affiliate marketing expert, author, and international speaker.
In the world of the internet, being an expert is key. Geno has mastered the art of affiliate marketing and affiliate program management and through this expertise has been able to grow his personal brand and business at the same time. As the author of many best-selling books on affiliate marketing, and also haven spoke at 50+ different conferences on such topics, Geno is the voice many people turn to when looking for answers to their affiliate marketing questions.
Having trained thousands of marketing professionals through his various books and online blog, Geno also went on to create Affiliate Management Days, which is a conference solely focused on the art of successful affiliate program management.
Oliver Roup is the founder and CEO of VigLink, a company that helps content creators make money through the use of affiliate marketing, while not having to deal with all the complexities of individual tracking, manually creating links and joining multiple programs.
Before getting active in the online marketing space, Oliver had accumulated quite an exciting resume of previous work with Space X, Microsoft, Paul Allen and many others. However, what might be Oliver’s most exciting experience to date was taking his business at Viglink from an idea to the flourishing business it is today.
For Oliver, this isn’t something that would happen overnight. Instead, it was a long journey of meeting with investors and VCs, trying to convince them that his idea was worth their time and investment. After many failed attempts, Oliver finally found an investor that was interested and things started to move fast!
Years later and over $20 million dollars in funding to date, the company continues to grow and scale in size while also helping sites of all sizes make money with their content while also connecting them with some of the largest brands and advertisers in the world.
Russell Brunson is an entrepreneur and the founder of DotComSecrets and ClickFunnels.
While finishing up his last year in College, Russell wanted to figure out a way to make enough money so he could continue with his passion for wrestling and to take care of himself and his girlfriend. After dabbling in the online marketing space and going through various failed projects, Russell discovered that one of the most successful ways to make money online was through the use of ebooks, guides and selling information. While messing around with some friends, Russell wanted to create a potato gun and went to the internet to find out how to create one. Once he found that there was nothing out there, he quickly threw one together and made a little course of his own on how to do the same.
Jump forward several years and today you will find Russell Brunson with all of his attention focused on ClickFunnels, a WYSIWYG editor and seamless way to create high converting landing pages and sales funnels. Not only has ClickFunnels become a huge success, it’s also taught Russell how to grow and scale a company, while also learning how to remove distractions and only focusing on what matters most.
John Rampton is an online entrepreneur who has become a master at pay per click marketing, but even more importantly — making connections and networking with the right people.
I first met John Rampton several years back when he came up to me and asked for an interview while at Affiliate Summit. Since then we just seemed to click and started working on various projects together. In addition to being the Managing Editor of Search Engine Journal, John’s writing can also be found on Forbes, HuffingtonPost, Entrepreneur and many other top media outlets and news sources.
One of the major reasons for John’s success in the world of online marketing can be attributed to his outgoing attitude, willingness to help others and talking with just about everyone he meets. Each of these are all required skills for making it in the world of business and forming new partnerships. With all of this in mind, it only made sense for him to leave his home state of Utah and make the big move to Silicon Valley, CA — the central economic focal point for everything internet!
Thomas Smale is the co-founder of FE International, a company that was founded in 2010 that focuses on website brokering for mid-market online businesses.
Back in 2009-2010 Thomas wanted to get involved in the world of online marketing, but with little technical experience, his options were limited. It was then that he fell upon the concept of buying and selling websites for himself. With only a few hundred dollars at a time, Thomas began buying and flipping websites and getting quite good at it in the process. As his reputation and experience in this space started to grow, so did requests from other individuals asking for his support in selling their own websites — thus, a new business venture begins!
Today Thomas is the co-founder of FE International, which has offices in two different countries and 11 team members — all with the focus on website brokering and mastering the art of buying and selling websites.
See you at Affiliate Summit West!
10 Strategies to Take Your Facebook Marketing to the Next Level
How should brands that rely on Facebook marketing shift strategy in light of Facebook’s latest newsfeed update (which makes brand pages more dependent on users sharing posts with friends)?
Facebook, with over 1.7 billion users, is a powerful marketing platform for any business. It allows you to reach consumers on a platform that they are already using every day.
But when users told Facebook that they wanted to see more stories from friends and less promotional content, Facebook implemented a news feed update that gave them just that. So what does that mean for your marketing efforts?
Businesses now need to work harder to ensure that their content is shareable rather than promotional. We asked ten entrepreneurs from YEC to share their best tips to ensure that your content still makes it on the news feed.
1. Be the Supplier for News Breakers
Step back and think about the sharing behavior of your own friends. They always want to be the first to share content that others have not already seen. Be fast and be first to break new stories relevant to your audience. Your Facebook page fans are more likely to share exclusive and engaging content to their own personal audiences if they feel it’s fresh and new.
2. Stop Selling and Start Engaging
Unless you want to pay Facebook to promote your content, you need to push more content that your audience is likely to share. The more shares and likes you drive, the more reach you get with your content. With Facebook’s recent change, the key is to stop using Facebook to sell and instead use it to educate, entertain and engage your audience.
3. Pay Facebook
Facebook is a public company. Any updates to its newsfeed algorithm are meant to help the company maximize its return to shareholders. My advice? Play the game. Pay Facebook its advertising dollars to ensure your content gets discovered. The cost to create content (designers, copywriters, etc.) is usually more than advertising. Budget a little extra for Facebook ads to produce your best content ROI.
4. Embed Interactivity
Reduce the number of links that you post on your page and focus on embedding content – articles and videos – into Facebook instead. Since Facebook users prefer to stay on Facebook, giving them content without sending them away will help to guarantee they actually share your content, which will then place you in front of other audiences. Share stories that are informative, not promotional.
5. Focus on Proven Tactics That Yield More Shares
Tactics like video content and helpful advice are some of the most commonly shared type of posts, so businesses should redirect their content strategy toward these tactics if they haven’t done so already.
6. Diversify Your Marketing Strategies
It is not a good idea to be solely dependent on just one marketing platform. In this fast-paced world, change is inevitable when it comes to marketing via various social media platforms. Diversify your marketing strategies across numerous platforms because safety comes in numbers. If changes on one platform don’t suit your business, move your marketing money to another.
– Engelo Rumora, List’n Sell Realty
7. Make Ad Campaigns Pop
With social media platforms now “competing for screen time,” companies need to make their advertising campaigns funny or memorable. We always remember those funny Super Bowl commercials, share them and talk about them. Making an emotional connection through storytelling will make potential customers remember your brand and create more buzz.
8. Network and Be Personal
You need to connect with friends and family on a personal level. Then you can market your services, just like you would in real life. You would not consistently blast your friends and family with announcements of your services, so don’t do it on Facebook either. However, a well-placed announcement for something interesting or important can be effective.
9. Make Content Sharable, Then Pay
If you have the right approach, this shouldn’t be a problem. You’re already creating shareable content targeted to the right audience. But even if your content is popular, you’ll have to pay to promote posts to a wider audience. Find out which posts generate the most engagement and pay to promote them. For brands, Facebook isn’t the free ride to huge audiences that it used to be.
10. Provide Value
Facebook is a game changer for any business that can master it. By providing value to the users that share your posts, it will give them an incentive to do so more often. For example, if you have an e-commerce business, offer a coupon code to anyone who shares your post. If you’re providing a service, give the users access to an exclusive blog post for sharing.
The answers above are provided by members of Young Entrepreneur Council (YEC), an invite-only organization comprised of the world’s most promising young entrepreneurs. In partnership with Citi, YEC recently launched BusinessCollective, a free virtual mentorship program that helps millions of entrepreneurs start and grow businesses.
Affiliate Summit – Stories and Moments You Don’t Want to Miss
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