How to Build a Profitable Affiliate Marketing Venture
Affiliate marketing has been around for a while, and it continues to be one of the more profitable methods of making money on the internet.
You may read about it and see how some people claim over-saturation and that affiliate marketing has no more room for newcomers. This is anything but true.
There is money to be made provided that you have a plan and know how to follow through. And in case you have no idea how to create a successful strategy, continue reading and find out what you need to do.
Tip #1 – Leverage Available Plugins
Unless you are going for a YouTube channel or a social media profile, it is more than likely that your affiliate marketing website will be on WP. The platform is one of the most popular choices, thanks to how easy it is to use, even for newcomers. There are more than enough tutorials available online.
Plugin variety is another big advantage. HeroThemes website has a great recommendation article for those who are looking for Amazon affiliate plugins for WordPress.
Adding plugins to a website will make things a lot easier as it automates a lot of processes, giving you more time to focus on other matters.
Look at the list of plugins and think which are worth your time. And keep in mind that there are a lot of great choices for both free and expensive plugins.
Tip #2 – Focus on SEO
Image source: Unsplash.com
The long-term strategy should revolve around SEO.
Do not write content blindly. Research the keywords that you can include to get better results on search engines.
Organic traffic is worth a lot more since people find your site after entering relevant keywords in search engines. Thus, they have a higher intention to purchase a product or service.
Tip #3 – Attract Traffic via PPC Marketing
Pay-per-click marketing could give you an advantage over others because the method itself is not as popular as social media or SEO. This could be your chance to win.
PPC is about managing campaigns, creating ads, and hoping that people who browse Google will click on them. You pay money for every click (thus the name pay-per-click).
The option to make adjustments in real-time is one of the biggest advantages of pay-per-click marketing. If things are not working out, you can quickly remove or replace keywords and edit the text of an ad.
Tip #4 – Run Contests on Social Media
Image source: Unsplash.com
Marketing an affiliate marketing site on social media is a bit tricky. You may struggle to find ways to post original content consistently.
However, given how popular platforms like Facebook and Instagram are, you should still look to get yourself on them. Organize giveaways, contests, and run ad campaigns so that you attract more followers who will ultimately turn into website visitors.
Tool Recommendation – You can Repost (recycle) your top evergreen content to save even more time using SocialBee, you can try for free as well.
Tip #5 – Research the Competition
Competition research is another big part of finding success. You will have to spend some time figuring out the strengths and weaknesses of others who are in the same niche as you.
Consider how you can offer something different and implement some of their best practices into your own strategy.
Tool Recommendation – So if you are an agency and work with various businesses or clients, Instapage will be the best option for you. Try InstaPage FREE
Tip #6 – Rehash Old Content
There might come a time when producing original content is a bit too hard. And some products could be out of date and no longer relevant.
Does that mean you should forget about past articles and move on? Not necessarily.
Rehashing old content and making it relevant again is a common practice. If there are articles you can update and publish on the front page again, go for it.
Tip #7 – Keep Track of Analytics
Image source: Unsplash.com
Affiliate programs should have an analytics tool that allows you to keep track of information and make adjustments. It would be a waste to guess blindly on whether you are making money from one product or another.
Keep close tabs on analytics and see which of your pages and products are bringing the most profits. The ones that are hardly beneficial can be removed or changed so that you are running a more efficient website.
Tip #8 – Optimize the Website
Internet users do not have the patience to wait for a website to load. If your site’s loading speed is not up to par with what it should be, do not expect to see a lot of traffic coming your way down the line.
Mobile users should also be one of your priorities. Statista projects that about 50 percent of website traffic will be smartphone and tablet users. Make sure that the website is optimized for this demographic. Otherwise, you will miss a lot of potential customers.
Tip #9 – Scale by Adding New Products
Every business should look to scale and move forward. You can do so as well by adding new products, especially the most recent releases that have the highest odds of attracting more attention than usual.
Tool Recommendation – Deliverr is a B2B software & new competitive to Amazon 2 Days Shipping. It is a tool which can be utilised by eCommerce companies for the fulfilment of their orders. This is what it does on behalf of the online retailer. It aims to empower even the small online shops to give an Amazon Prime-like service. Try Deliverr Now