7 Ways to Earn More with Affiliate Marketing
In this modern world, we live in, there are lots of different ways to earn more money working from home using affiliate marketing. Some of the great reasons why people get involved in this kind of marketing in the first place are that the start-up money and amount of experience required is lower than a lot of other professions.
However, although it is relatively easy to get started with affiliate marketing, it is not as easy to make a success of it.
With this in mind, therefore, we are going to look at 7 ways in particular that you can earn more with affiliate marketing. Although the tips below which were shared with us by the team at Serpchampion will not guarantee you immediate success, they will help you on the road to increasing your revenue.
Focus On Your Niche
Regardless of what you are doing whether it is creating content, blogs paid advertising or straight-forward affiliate marketing, it is important to focus on your niche as much as possible. When you focus on the actual audience you are trying to target and what they are looking for specifically, you will find it easier to promote products and services to them.
While many people consider split testing to be something that makes perfect common sense to do, there is still much more that neglect to do it. The concept is if you have a specific offer or fairly generic landing page that you are looking to promote, you could start testing the offer to your target audience. After you get some traffic and stats to your offer, it is sensible to test out a different offer or landing page with the exact same audience.
It is recommended that you do this during all your campaigns, as you never know what particular offers and landing pages will perform better in producing conversions. When carrying out split testing though, you need to make sure you only make a single change at a time, or else you could run into the trouble of not knowing what changes altered the results.
Get Yourself A Well Designed and Professional Looking Website
Although it is ultimately the content you have on your website that is most important, the way that information is presented – be it offers, products or services – can affect how successful your business will actually be. In order for your visitors to convert to buyers and customers, they need to trust your affiliate website and they are more likely to trust a website that looks professional and not crammed with ads and a dis-organised design.
It won’t matter how good your content is if they can’t find it. Therefore it is vital that you put a lot of time and effort into establishing a professional looking website that has a simple and cohesive design that will allow your visitors to find the information they want without getting a headache.
Monitor Campaigns Using Tracking
Using affiliate networks is helpful for sending out payments and finding offers. They are also very useful when it comes to tracking how well your campaign is performing. However, it is advised that you don’t rely on their reporting and stats alone. That is not to say that your affiliate network may be untrustworthy, it’s just not all track as often as they should. It is more beneficial to have your own tracking in place whether it is hosted on its own platform or you can download the software and place it on your server. This will give you the ability to monitor and track your campaigns more directly and compare the results with those produced by your network.
Start With A Small Budget And Increase Over Time
If you are completely new to affiliate marketing, you should avoid trying to rush the process – by throwing lots of money into a campaign, hoping it will be successful. It is wiser to start with a smaller budget each day and as you fine-tune your campaign over time, and see it becoming successful, you can increase your budget accordingly.
Request Higher Payouts
As there are so many affiliate marketers using affiliate networks to run their offers, many get lost in the crowd. When you join a particular network you will be able to see the offers available from all the marketers on that network, along with this you will see their base payout rates that they offer to everyone.
The important word to note here is ‘base rates’, this is how much money everyone is earning. When you start achieving high-quality leads and a high volume of sales, it is recommended that you request for higher payout on your orders. Most ad networks have a reasonable amount of money to play with and if you are already bringing in the volume of and quality of leads, it is likely that they will have the funds to boost your rate of commission.
Create Your Own Service Or Product
Our last tip involves not being completely reliant on affiliate marketing. It is important that you are always looking for new ways to improve your earnings and business size. There are various other ways you can earn money outside of your efforts in affiliate marketing. These techniques may help to inspire the creation of new services and products you can promote to different audiences.
One of the most effective ways to increase your revenue in affiliate marketing is to see if you can create a similar service or product to one you are already promoting and effectively cut out the middleman and direct a larger share of the earnings from sales to your own business.
There you have it, 7 key ways to earn more with affiliate marketing. While it is true that it is not quite as simple as some ‘gurus’ and others claim it is to earn money from affiliate marketing. However, with the right research, time and effort and by following the tips above, you could turn it into an incredibly effective source of revenue.