Make Money with Affiliate Offers
When I was a kid I created an arrangement with my local computer store in which I would refer friends and acquaintances to them, and the store would then give me a small percentage commission based on what those people bought. I didn’t know it at the time, but the service I was providing to that store was a form of affiliate marketing.
This type of arrangement can be extremely beneficial for both the company and the affiliate. The company receives new business from customers it may not have reached otherwise, and the affiliate gets a commission for each sale that can be directly traced back to the affiliate’s site (online, usually through a cookie or coupon).
Typically, online affiliate offers work like this:
- The affiliate links to an offer with a tracking ID embedded in the link.
- A visitor visits the link and is redirected to the landing page on the company’s site.
- A browser cookie is stored with a certain expiration date on the computer of the visitor. This cookie associates the visitor with the affiliate that referred them.
- If the visitor makes a purchase at any time while the cookie is still valid,a commission is provided to the affiliate by the company.
Depending on the type of goods and the company’s approach to affiliate marketing, the commission can be anything between a few percentage points to 100 percent. Yes, you read that right. Some companies will go so far as to give away the entire sale price for a promotional period in order to attract more affiliates and perhaps recurring customers.
More commonly for digital goods such as ebooks and courses, margins are exceedingly high, which means that content producers routinely offer affiliates a 50 percent commission rate for all sales made within a large period of time after the initial referral (e.g., sixty or ninety days, which, again, is often tracked via cookies).
As you can imagine, you can generate a substantial amount of money from affiliate marketing if you have a large enough audience that you’re offering relevant services and products to.
As a blogger you already have the audience, and as we’ll see in a moment, you can find relevant affiliate offers to present to your readers. Affiliate marketing really is the one monetization strategy you can’t afford to ignore.
Before jumping into key affiliate programs for technical bloggers, I want to provide you with a little background about the stigma associated with affiliates (and affiliate marketing) in general.
The reason affiliate marketing has gained such a bad reputation is that the economic incentives to promote a company’s products are very high. Here we’re not playing around with a dime a click. Depending on the product and the commission, we could be talking as little as a few dollars or as much as hundreds if not thousands of dollars per referred customer.
Affiliate marketers have gone to great lengths to grab such generous commissions, including spamming, misleading, and downright scamming users. I really encourage you to look past the negative connotations that are associated with affiliate marketing. In this section we’ll take a very ethical approach to this subject, which can reward you handsomely without the need to mislead, spam, or promote crappy offers or products to anyone.
Read the following articles too to get good knowledge and tricks
Affiliate marketers have gone to great lengths to grab such generous commissions, including spamming, misleading, and downright scamming users. I really encourage you to look past the negative connotations that are associated with affiliate marketing. In this section we’ll take a very ethical approach to this subject, which can reward you handsomely without the need to mislead, spam, or promote crappy offers or products to anyone.
Read the following articles too to get good knowledge and tricks
- A Blogger’s Best Friend:Amazon Associates
- Earn Money with the Amazon Associates Program
- Build Links with Your Associates ID
- Use Multiple Tracking IDs
- Understand Amazon Associates Reports
- Get the Best Out of Amazon Associates
- Where to Find Other Reputable Offers
Categories:
Affiliate marketing,
Blogging
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