Maximizing your income with affiliate marketing is an excellent way of monetizing your website traffic.
Not only does it enable you to create multiple streams of income for your online network marketing (MLM) business, but it also has the capacity to increase your value to your customers by diversifying your product inventory.
Affiliate marketing is a very effective advertisement option you can choose for your website. If done right, incorporating affiliate marketing products and services doesn’t have to take away the focus of your blog and in turn help to maximize your income with affiliate marketing.
Affiliate ads or product links (if you choose correctly) can easily go harmoniously along with the content on your website.
For example, if you are writing a product review and you recommend a certain product in an affiliate ad or link, it flows naturally with the content.
Whereas, if you have a conventional ad for an affiliate link or ad on your website for a product which you have never mentioned before, that clearly shows your viewers that you are more interested in earning then providing value added information.
Let’s look at a few points regarding maximizing your income with affiliate marketing best practices.
Generating extreme cash flows through commission based advertising placed on your website is not automatic – you need to fine tune your affiliate marketing strategies to bring in those bigger checks.
Increase Your Traffic
Start by increasing the visitors to your site. To capture and retain visitors who will “click through”, you need to provide real-value-added content that people are searching for, that they will in fact want to read, and that will establish you as a credible source of information that will have them coming back for more. .
If they trust you, they will be more probable to trust not only your banners, but also the links within your content.
Market your website. Optimize your SEO efforts. Tag your images and videos. Make sure that images of the product are tagged with affiliate links.
Create content that is enticing to share through social media with thought-provoking topics, eye-catching images, and headlines with good hooks.
Know Your Product, Know Your Audience
Consider the kinds of people (target market) that would be attracted to the content you provide when you choose affiliate products to promote. Attraction marketing is big here.
For example, if you run a website that reviews nursing homes, you most likely don’t want to promote ads for football equipment – you’d do better with ads for walk-in bathtubs.
Make sure the ads you are running fit your target audience’s wants, needs, and desires so that they are more likely to click the links to either buy or receive your affiliate products.
Remember to include ads for free or highly reduced promotional products, as these are more likely to be clicked.
However, even though that product is FREE, it better still hold value and the message needs to be congruent to the message your sending to your audience.
Also consider your audience when choosing products to promote at higher price points.
If the product is absolutely worth the money, you have actually tried it, and you’d highly recommend it, go ahead and promote it, but try to promote products that are within the price points you think are most budget friendly for your target audience.
This, in my opinion, is only logical. I mean, seriously, think about it. If you are promoting an Apple iPhone 6, while you yourself are running some old-school Motorola flip phone, how shady is that?
You don’t even have experience with an Apple iPhone, let alone an iPhone 6…
Promote Brands and Products you Trust
Building a reputation of being a trustworthy resource of brand and product information will lead to repeat visitors to your site and more awareness in the products you are promoting.
If the ads on your site only link to products that seem sketchy, the consumer will only be fooled once, and maybe even not at all.
Also, if you think putting affiliate ads or links on your website and leaving them there like other ads will generate revenue for you automatically, you are only fooling yourself.
See, affiliate ads are not like other ads. They need careful attention. In fact, you should write some content describing the unique benefits, features, and customer specific details.
Normally, writing a blog post is a good idea. However, don’t write a blog post for the sake of linking or pitching that specific affiliate product.
Write on a relevant topic and bring up the subject whenever appropriate. Not only are your providing value to the reader, but you are also creating curiosity with a well-placed link in your content and not a blatant pitch to “CLICK HERE.”
Work with Reality
An affiliate marketing system is not one that you can start and then leave to work on its own. You have to keep your site fresh and harvesting new and more traffic.
Promote new products on a periodically to keep your repeat audience interested.
The bottom-line is that you have to put in time, do the work, and have a little patience. Even when you do get to a point that you can let it sit for the weekend or maybe even during your family vacations, you still should do periodic maintenance from time to time to keep it working for you.
Stay up to date so that when changes are forthcoming you are prepared. I.E. when sites like Facebook change their policies, you won’t be left clambering to figure out ways to generate the income you’re losing, you’ll already be prepared and ahead of the competition.
Use Alternative Strategies Other than Single Articles
Think of ways to promote the product outside of one single post or article, or think of ways to connect to that article outside of SEO friendly content and Google bot recognition.
Link to your article through other sites, promote it on social media, Google AdWords, etc.
Maybe even consider creating a resource page of your favorite products and services that YOU ACTUALLY USE. Be creative.
Seek Knowledge and Embrace Change
If you are aware of online network marketing at all, you know that what worked three months ago may not work today.
Stay on top of the trends. Seek knowledge and expertise by joining blogging forums, attending webinars, researching, etc… Start by learning something new about affiliate marketing daily.
For example, remember those marketing tools called “banners” that folks used to drive sales at an astronomical rates a few years ago?
Well those banners developed a term called “banner blindness.”
Banner blindness is a phenomenon in web use where visitors to a website consciously or subconsciously disregard banner-like information.
Rather, when web users are searching for specific information on a website, customers generally focus only on the parts of the page where they “assume” the relevant information will be such as the content or hyperlinks.
Bottom-line, the majority of online viewers will not click on banners even if it pertains to exactly what they are looking for.
So if you think posting multiple banners are going to make your website look more professional, you might want to rethink your site design.
Successful affiliate marketers that identified this trend by spending time reading, learning, and embracing changes that were taking place on the internet.
Treat your Affiliate Program like a Business
Yes, this is a form of passive income, but like any other business venture you have to put in some effort to get it there.
Trump, Gates, and even Zuckerberg might be able to travel the world and play golf every morning, but they first put in a great deal of effort when they were getting their businesses off the ground.
In the beginning you will want to build the framework on which to promote the products. “Content is King.”
Research tools, plugins, and informational material that will help you. Review popular websites and blogs to see how they include their affiliate links and banners, and aim to do it as seamlessly as they do.
You don’t have to invest a lot of money upfront, so start small, and invest your time and effort. Your results will be worth it.
Don’t Give Up
Piggy backing off treating your affiliate marketing program like a business, it’s hard to do affiliate marketing successfully and actually make a passive/ residual income with it.
Most of the time, those fiddling in affiliate marketing give up way to soon. Monitor your statistics, watch to see exactly what is and what is not working. Make changes when necessary.
Do one Income Producing Activity (IPA) daily to promote your content and be patient.
Remember, just as with any business, that your success will not happen overnight.
Encompass and develop the persistence, consistency, patience, and knowledge. Then follow the affiliate marketing strategies I’ve pointed out and you’ll be well on your way to success.
I hope you got some value out of this blog post on ways to maximize your income with affiliate marketing. If you would like more tips like this, hop on my Free Daily e-Newsletter.
How are you maximizing your income with affiliate marketing? Are you using affiliate marketing at all with your online network marketing (MLM) business? Why or why not?
Shaun & Kimberly Keizur