To be a successful Affiliate Marketers , you would like to settle on and promote the proper products on your blog. 76% of latest affiliate marketers fail to earn money from affiliate marketing just because they are doing not choose the proper product to market .
A Affiliate marketing is the primary source of income for many existing content creators or affiliate marketers. Its has tried & tested methods well when you select the best affiliate products.
Finding success in affiliate marketing it is not a complicated as you think. You need to be persistent, consistent, & a great combination of right affiliate products and marketing channel to promote this product.
Top 7 Affiliate Marketing channels in 2020
- A Blog
- A comparison of deals & discount website
- A YouTube channel
- A Podcast
- An email newsletter
- Social media platform
- Ad platforms
In this blog, I will share some tips & tricks I follow in selecting the right affiliate product to promote in your blog.
How to select the Best Products for Affiliate marketing:
When you start picking the affiliate products for promote, you will find products in many categories & payout. For example, some of them would be paying about $1 per sale, & other site paying about $200/sale. It’s a good idea to pick a best product that pays more, if you give 1-2 sales, it would be better than giving 100 sales to a product that pays $1 only.
Here is simple math:
- $1 * 100 = $100 earn commission
- $100 * 4 = $400 earn commission
Now, you think which is easier to sell A product to 4 people or a product to 100 people.
You understand this simple maths, you would be smart work not a hard work. How most of the top affiliate marketers make more money than others affiliate marketers.
This is a another interesting concept to know:
- One time commission: The affiliate company pays you a one-time sale. It could be anywhere from 10%-100% commission.
- Recurring commission: The company’s pays you recurring payment. That means, whenever a user referred by you pays again or use the product, you earn a commission. Most of the SaaS(Software as a service)products offer recurring commissions. Learn more about recurring affiliate programs here.
The number of recurring affiliate products is much but one-time commission products. You should have a healthy combo of both sorts of products to create a residual income.
Alright, so once you’ve got understood above two basic yet most vital secrets, now it’s time to maneuver to subsequent section.
What is a niche of affiliate product ?
A niche affiliate product refers to any product that’s associated with your blog topics and would thus interest your readers. If, as an example , you write a blog on topics within the health niche, you’d want to market a product associated with the niche of your blog, that being the health niche.
My advice for you is to pick the most well liked selling products in your niche and begin writing about them.
This will assist you to spice up your conversion rate. The difference between successful affiliate campaigns and people that fail are the conversion rates involved. If you’re getting 100 clicks on your affiliate campaign, for instance, but you’ve got a coffee conversion rate, you would like to reassess your strategy.
At times, the merchandise may look good, but people aren’t buying it or cancel it soon. This way, even after sending traffic, you’d find yourself making no money. If possible, do try products before recommending it.
This helps you not only understand the merchandise better, but it is also time-saving for you and for your audience.
I have often seen bloggers recommending high-end products without even using them or knowing enough about the topic . i like to recommend that you simply don’t do that . Your credibility as a reviewer would be adversely suffering from this practice. Giving an honest review of a product you’ve got tried and used will increase your credibility and your reliability.
You can either check in for a free trial of the merchandise if one is out there or ask the merchandise owner to offer you a review piece. Worst case scenario, you’ll buy and use the merchandise to return up with a superb review, either pro or con.
Note: 60% of my affiliate sales come from reviews and tutorials associated with products I even have used.
When you check in for any affiliate program, here are some factors which you should be a consider:
- Available banners
- Promotional matters
- Affiliate control panel
- Minimum payout
- Payment method
- Tax form required or not
These factors will assist you to make a decision if you’re able to promote this particular product. Suppose, for instance , that you simply select a seasonal product, and its minimum payout is $1000. Are you sure you’ll be ready to achieve that much in terms of conversions therein particular season?
Bonus tip: Associating with famous brands are going to be another advantage to your affiliate marketing campaign.
Does this post assist you to select the Affiliate products?
How does one decide which products are right for your blog and which are not? allow us to know using the comments section below.
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