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Hey guys, I've been into affiliate marketing (especially in the gambling industry) for several years, so I want to share my experience and gain some insight from the BMF community. I believe many of you have lots to share about your story, technique, etc.
What is online affiliate marketing? According to Investopedia, "Affiliate marketing is an advertising model in which a company pays others (e.g., bloggers) to advertise their products and services and generate sales."
As an online affiliate marketer, your revenue is completely based on how many people you can convert into buying goods or subscribing to services using your link. Therefore, you must have (1) Traffic, which is a metric on how many people visit your website, and (2) Relevancy, which affects how many people get engaged and then clicks your links.
Video is probably the strongest medium that can affect emotion at the personal level and can make the audience feel related. People get to see how you look and sound, therefore this transparency can create an emotional connection which can make viewers more likely to purchase what you're promoting as long as it's relevant.
Tutorials are a fantastic medium for marketing, be it in video or through articles. Usually, tutorials will have a good Search Engine Result Page (SERP) so it will generate good traffic. The key here is about problem-solving, to solve whatever problems the audience has via products you're promoting. You can then encourage them to try the product by purchasing it through your affiliate link.
Purchasing online ads to promote your product might be the riskiest strategy because you'll have to spend some money before you can see the returns. However, if online ads are done right, you will see the benefit. Only do online ads when your platform is ready and always keep track of income vs expense.
In reality, affiliate marketing is not a "passive income" stuff as it needs you to keep your content fresh, tweaking keywords for SEO (on-page SEO), and off-page SEO where you must use other channels (e.g. social media, chat group, forum community, etc.) to promote your website or Youtube/Twitch channel so it can have targeted high-quality traffic. It's a time-consuming, continuous trial-and-error process, but will reward you nicely if you have the correct mentality.
At last, you should join an affiliate program that offers a high commission. If the commission is too low, it won't be worth your time and effort. The casino is one of the most rewarding industries you should try. As you can see, I promote a casino via my signature space here and they have a 40% commission! So what do you think? Do you have any comment or want to add your recipe? What makes you succeed or quit? Any feedback is appreciated!
What is online affiliate marketing? According to Investopedia, "Affiliate marketing is an advertising model in which a company pays others (e.g., bloggers) to advertise their products and services and generate sales."
As an online affiliate marketer, your revenue is completely based on how many people you can convert into buying goods or subscribing to services using your link. Therefore, you must have (1) Traffic, which is a metric on how many people visit your website, and (2) Relevancy, which affects how many people get engaged and then clicks your links.
Video is probably the strongest medium that can affect emotion at the personal level and can make the audience feel related. People get to see how you look and sound, therefore this transparency can create an emotional connection which can make viewers more likely to purchase what you're promoting as long as it's relevant.
Tutorials are a fantastic medium for marketing, be it in video or through articles. Usually, tutorials will have a good Search Engine Result Page (SERP) so it will generate good traffic. The key here is about problem-solving, to solve whatever problems the audience has via products you're promoting. You can then encourage them to try the product by purchasing it through your affiliate link.
Purchasing online ads to promote your product might be the riskiest strategy because you'll have to spend some money before you can see the returns. However, if online ads are done right, you will see the benefit. Only do online ads when your platform is ready and always keep track of income vs expense.
In reality, affiliate marketing is not a "passive income" stuff as it needs you to keep your content fresh, tweaking keywords for SEO (on-page SEO), and off-page SEO where you must use other channels (e.g. social media, chat group, forum community, etc.) to promote your website or Youtube/Twitch channel so it can have targeted high-quality traffic. It's a time-consuming, continuous trial-and-error process, but will reward you nicely if you have the correct mentality.
At last, you should join an affiliate program that offers a high commission. If the commission is too low, it won't be worth your time and effort. The casino is one of the most rewarding industries you should try. As you can see, I promote a casino via my signature space here and they have a 40% commission! So what do you think? Do you have any comment or want to add your recipe? What makes you succeed or quit? Any feedback is appreciated!