Many new bloggers focus on selling advertising as the best way to make money with their blog. However, unless you are generating hundreds of thousands of visitors per month (and sometimes even then), you likely will not make very much money from advertising.
Banner ads that you sell directly to advertisers can be a good source of revenue, but pay-per-click advertising programs may only bring in pennies each day or even each week.
You can vastly improve your earnings potential by promoting affiliate products instead. Affiliate marketing works in much the same way as advertising : You include text links or display ads on your site for specific products or services.
However, unlike advertising, you don’t earn a few cents when someone clicks on the link. Instead, you can earn a few dollars or even a few hundred dollars when someone clicks on the link and makes a purchase. You are earning a percentage of the sale instead of a small lead-generation fee.
Here’s what you need to do in order to maximize your earnings potential with affiliate marketing
Build a Quality Blog
All of your earning potential with a blog is contingent upon the quality of the blog you build. If you throw up any kind of content and don’t pay attention to the design, you are unlikely to get much traffic, which means that you are unlikely to make any sales.
You have to take time to create a quality blog that has an attractive and user-friendly design, and then you have to create quality content that provides useful information for your readers.
Do this and you will drive traffic and build your readers’ trust, helping you to increase your sales potential.
Choose Reputable Affiliate Products
There are literally hundreds of thousands of affiliate products you can choose to sell on your blog from thousands of affiliate programs. You must choose reputable products – not only to maintain the quality reputation of your blog (and secure your future earnings potential), but also to ensure repeat sales.
If a product has a bad reputation, your readers will know about it. Not only will they choose not to buy that product, but they may think less of you and your blog for promoting it.
Choose quality products to sell, and the sales will come effortlessly both in the short-term and the long-term.
Write Content that Supports Your Products
Your blog is your best asset in promoting sales. It’s not just a vehicle for getting in traffic, it’s also a way for you to convince your readers to buy your affiliate products.
You must be careful not to write overly promotional posts (“Why You Need to Buy an iPad Now”), but should instead focus on writing content that suggests or supports that need (“Best Business Tools” or “Best Items to Take On a Road Trip” or “Best Gadgets for Students“).
As always, be sure that your content is offering quality information for your readers that helps to solve a problem. In the meantime, find ways to also show a need for the affiliate products that you are promoting.
Use E-mail Marketing
You should start building an opt-in e-mail list the first day that you start your blog. These are leads that you can use to promote content on your blog and to promote your affiliate products. You can send out notices about new blog posts or specials on new products that you are promoting.
Be careful to use your e-mail list judiciously. If you start to spam your subscribers with too many notices or sales pitches, you will start to lose them. With zero subscribers, you won’t be able to make any sales.
Use Social Media Marketing
Like e-mail marketing, social media marketing is a great way to reach your readers and potential customers. You can send out notices about new blog posts (which promote your affiliate products) or about special promotions for your affiliate products. Just like with your e-mail list, you must be careful not to be overly promotional with your list or you may lose fans or followers.
Affiliate marketing is a great way to make money with your blog, and these tips can help you to maximize your earnings potential. Remember: Building a successful blog will take time. Stick to these tips for success, and you will start to see your traffic and your sales increase over time.
These are some ways to make money online from Affiliate Marketing.
What are your tips for success for affiliate marketing? Share them in the comments!
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