Why You Fail to Make Money from Affiliate Marketing [Resolved]
One of the sexiest ways of making money from blogging is via affiliate marketing. Unlike other methods like making money by selling advertising spaces for e.g. AdSense, affiliate marketing is comparatively harder.
Here are how most of the people tries to make money as an affiliate and what mistakes they often commit on the go and how to resolve it.
1. Writing product reviews
This is one of the popular ways to promote a product. There are many examples from different bloggers that this could be one of the greatest ways to do affiliate marketing.
However, writing product review could be an awesome way however, this would not work for newbie bloggers. Here is why
Why product reviews may not work for your blog?
Reason#1: Your blog may not be trust worthy
I’ve seen many bloggers writing articles about HostGator coupons, web hosting reviews and so on on their blogs by expecting that they could end up with a sale.
However, this may be a lousy idea. There are many review articles on web that your users can easily find out. So if you don’t have anything special to write as a review chances are high that you may be making your readers bored and yes, you could not make even a single sale by it.
In fact, I’ve earned some bucks by reviewing some Amazon programming books (which I’ve never read) on one of my previous blogs but never expect magic to happen every time.
Bottom line: Don’t write a review if your lone purpose is to make money. This won’t bring you money and in fact it reduces the trust factor you may have with your readers. Only write if you have something serious to share!
Reason #2: Your traffic is not highly targeted
Affiliate marketing will work ridiculously if you have highly targeted traffic.
For e.g. if one of your review articles have got better ranking for a keyword like ‘web hosting reviews’, chances are high that you could generate a decent amount of passive income by it.
If no targeted traffic for that specific article, don’t expect much from it.
Bottom line: If you are really serious in affiliate marketing and wanted to bring some targeted traffic to your review article consider doing some advanced keyword research at first and find out a way to make your article ranked on particular keyword that has an intention of buying.
2. Bombarding the readers with affiliate links
I am personally not a fan of keeping many affiliate links on an a page. Neither a fan of keeping affiliate banners on sidebars.
I don’t think anyone would buy a product by clicking any of those side bar banners unless you are Pat Flynn or Daniel Scocco.
Instead of spreading out many affiliate links throughout your website do smart linking. You don’t need to hesitate to promote a product with its affiliate link if you are having a nice email list. This works better than those sidebar banners.
Affiliate Marketing- My EASY and favorite method
1. Provide a Special Offer
Provide a unique special offer to your readers and encourage them to buy the product.
This is like, providing unique giveaways or a special coupon codes to your readers. For e.g. if you are a Hostgator affiliate you might know that Hostgator provides 25% discount codes to every affiliate. But some big affiliates will have 35% coupon which would be really special offer which is worth sharing on your blog.
Another way is to offer your own products or services for those who buy a product with your affiliate link. For e.g. Daniel Scocco used to provide premium membership access to his coaching program OnlineProfits.com for those who buy a hosting with his affiliate link.
Myself, I provide FREE Blogger to WordPress Migration services for those who buy a hosting account from one of my hosting partners.
2. Up sell affiliate product with your product/services
This is another easiest way for doing affiliate marketing.
I used to promote/up sell Aweber to my clients who hired my team for web designing but who don’t yet use any autoresponders. The only thing I needed is to send over my affiliate link and the job is over. Sometimes I gottta explain why buying such products is important for their business and how this would be helpful for them.
What is your best way to do affiliate marketing? Let’s talk…