Incomplete training. It doesn’t cover in-depth things like content marketing, SEO, keyword research, content creation, social media marketing etc. All of these things are essential if you want to build a successful affiliate business. Relying on a couple of traffic sources (like email marketing) is not the best strategy. The moment you stop spending money on ads your traffic will disappear. From my experience, organic traffic is the best type of traffic. It converts a lot better compared to Solo ads, social media ads or PPC campaigns.
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Let’s say you have a promotions page where you’re promoting a product via affiliate links. If you currently get 5,000 visits/month at a 2% conversion rate, you have 100 referrals. To get to 200 referrals, you can either focus on getting 5,000 more visitors, or simply increasing the conversion rate to 4%. Which sounds easier? Instead of spending months building domain authority with blogging and guest posts to get more organic traffic, you just have to increase the conversion rate by 2%. This can include landing page optimization, testing your calls-to-action, and having a conversion rate optimization strategy in place. By testing and optimizing your site, you’ll get far better results with much less effort.
Super affiliates who have their own product to sell can become affiliate managers, they can invite other people to promote on their behalf and pay them commissions. This is where having products like e-books and online tools work well. You can afford to pay high commissions – 50% to 75% – because it’s still pure profit when it doesn’t cost anything. You can afford to give others a high incentive to promote on your behalf. Most important, you can give other super affiliates exclusive access to sell your product during its introductory period.
But establishing direct affiliate marketing relationships is extremely challenging for a number of reasons, which we’ll get into below. While there are certain instances when a direct relationship makes sense, most affiliates will be better off accepting that networks are part of the equation and focusing on finding the right merchants and maximizing referrals.
What do you think you could honestly sell customers in the hopes that it would improve their day-to-day? For example, maybe you renovate homes and are always looking for the highest-quality paints or most eco-friendly cleaning solutions for bathrooms and kitchens. If you’re already knowledgeable about a market and have interest in it, that’s a great place to start.
Adam Enfroy is the Affiliate Partnerships Manager at BigCommerce. With 10+ years of experience in digital marketing, ecommerce, SEO, web development, and selling online courses, he is passionate about leveraging the right strategic partnerships, content, and software to scale digital growth. Adam lives in Austin, TX and writes about building your online influence by scaling your content and affiliate marketing strategies on his blog.
We also love how consistent the design of Uber's emails is with its brand. Like its app, website, social media photos, and other parts of the visual branding, the emails are represented by bright colors and geometric patterns. All of its communications and marketing assets tell the brand's story -- and brand consistency is one tactic Uber's nailed in order to gain brand loyalty.
How much time would it realistically take for you to build an affiliate network from scratch? Do you have someone on your team to oversee this initiative by forming relationships with publishers, handling disputes, troubleshooting technical problems, and making sure that payments are sent on time? Do the anticipated returns justify the invested time?
In 2019, I believe embedded video will continue to grow for email marketers -- a sentiment that is echoed in François Daoust’s research paper, “Toward Video on the Web with HTML5.” As we have seen across social media and many other channels, users love to consume video content. Up until now, email clients have been lagging behind as far as allowing video to be embedded into emails seamlessly.
New traffic to your site and company is a huge benefit. The affiliate lead will bridge trust between you and the customer which is vital for a consumer to take the next step and buy the product. The customer will more than likely return to the site and spread the information to others about your product.This is a win because the potential customer might not have otherwise had access to the product if had not been advertised and marketed through the affiliate’s website. In addition, with the ever growing and changing market of the internet the company may need to be looking for new affiliates to work with to match their target demographic. So, the method of marketing is constantly growing and adapting to match the current customer.