Get back to class! This is something we never liked to hear in high school, but when it comes to building a business online, it is always nice to have current, live and interactive training you can take part in. Every Friday there is a live class that you can take part in as a Premium member of Wealthy Affiliate. Here are a few of the recent ones.
28. Subscription – If you think of something valuable (newsletter, online magazine, etc.) that you can consistently offer on a certain basis (weekly, monthly, etc.), you may want to offer a subscription service. This could be a fee charged each time your product is sent out or on a monthly basis. Either way, this has to be something that your customers can only get by subscribing to your website.
The phrase, "Affiliates are an extended sales force for your business", which is often used to explain affiliate marketing, is not completely accurate. The primary difference between the two is that affiliate marketers provide little if any influence on a possible prospect in the conversion process once that prospect is directed to the advertiser's website. The sales team of the advertiser, however, does have the control and influence up to the point where the prospect either a) signs the contract, or b) completes the purchase.
Don’t put all your eggs in one basket. If you only promote one merchant’s products, you are stuck with their commissions, their landing pages, and ultimately, their conversion rates. It is important to work with many different merchants in your niche and promote a wide range of products. This affiliate marketing strategy will diversify the amount of commissions you make and create a steady stream of revenue when building an affiliate website.
Let’s say you have a promotions page where you’re promoting a product via affiliate links. If you currently get 5,000 visits/month at a 2% conversion rate, you have 100 referrals. To get to 200 referrals, you can either focus on getting 5,000 more visitors, or simply increasing the conversion rate to 4%. Which sounds easier? Instead of spending months building domain authority with blogging and guest posts to get more organic traffic, you just have to increase the conversion rate by 2%. This can include landing page optimization, testing your calls-to-action, and having a conversion rate optimization strategy in place. By testing and optimizing your site, you’ll get far better results with much less effort.
ClickBank allows you to join for free, and the approval process is virtually automatic, so it’s a great choice for people entering the affiliated game for the first time. ClickBank has a ton of information, including FAQs, walk-throughs, and videos available, so the barrier to entry is quite low. There’s also a (paid) program called ClickBank University with courses and assistance from experienced marketers.
If you wish you had a little more money in your pocket, you’re not alone. Fortunately, you have a variety of options when it comes to making money. Doing odd jobs is a quick and easy way to earn money. Similarly, reselling items or selling items you make can earn you extra cash. As another option, earn money online by writing a blog, freelancing, or doing online surveys.
These classes are typically run by Jay, one of the top experts within the WA community but there have been guest experiences by Kyle and others over the years. There is a live chat and a full question and answer period with every live class. Each live class is usually around 1.5 hours in length and the replays will be available to you the next day (along with 100’s of hours of past live classes).
I have been with WA 2 years this month and I wouldn’t look back, the knowledge and financial freedom I have gained is a credit to the platform set up by WA. Some people say how $49 is too much a month however when you consider what’s included like hosting, training, great community, tools and more I would argue that they set the price to low as there is alot of value.
Because 2Checkout exclusively sells software and digital products, it is best suited for established influencers whose target audience is interested in buying products in this niche. But while you won’t find any physical products for sale, 2Checkout is probably the market leader in selling software of every type, including very specific use case items (like software that can convert Microsoft Word documents to PDF, for instance).
1. Yes, you don’t need to know a thing about affiliate marketing. In fact, if you have not been predisposed to training already sometimes that can be a good thing. There is a lot of misinformation out there about affiliate marketing, which leads people more often than not to failure. Wealthy Affiliate can and is consistently helping the absolutely newbie. You are going to learn the foundational building blocks and in the first few lessons alone you are going to have your very own niche website up and running.