
The amount of money you make with affiliate marketing will depend on many factors. The time, effort, and money you are ready to put into your website and marketing it will make a huge difference. Another important factor is the niche you are in. If you’re in the right niche and you are ready to do the work necessary, it’s going to be very difficult not to succeed through affiliate marketing. Let’s take a look at a few things you could do to boost your affiliate marketing strategy.
Focus on Giving First
The first thing you will have to do is stop trying to sell at every turn. If you have a newsletter, no more than 10% to 15% of your posts should be promotional in nature. Overselling is also worse than underselling, so if you want to make even fewer of your posts promotional, go ahead.
The same goes for blog posts. Your blog should be about helping people, not an excuse to promote other people’s products. The more you help your audience, the more they will trust you when you decide to sell something. If you try to sell them all the time, you can expect many of your readers to leave and your efforts won’t convert properly. So, don’t worry about getting sales; help people and the money will eventually come.
Build for the Future
What we’re trying to say here is that you should have an exit strategy for the future. Did you know that you could sell an affiliate site and build one right back that looks pretty much the same right after? The site has to be successful, however, and you need to know what makes a site valuable so you can extract the most value out of it in the event that you decide to sell.
The most important part if you want to sell a website is having all your numbers in order. When figuring out what it’s worth, you’ll need to look at the number of unique visits you get per month, how much you’re making in sales, and the average commission on the products you promote. The amount of proprietary content you have on the site and the streams of income it generates will also have to be taken into consideration.
Other factors, like the way the site looks and your sources of traffic, will also make a difference. Organic traffic from search engines will have a greater value than ad-generated traffic, for instance. Other than that, domain name age and the age of the website will also make a difference, so it’s advised that you wait at least a year before you sell a website if you really want to get some good value out of it.
Segment Your Email List
If you haven’t segmented your email list yet, you’re not doing email marketing right. You absolutely need to have a separate list for freebie seekers and another one for your paying clients. Once someone makes a purchase with you, you should have a funnel set up that will automatically put them on your buying clients list, and even this list should be segmented based on how much money they spent.
People who spent $47 on a report should not be on the same list or receive the same message as those who signed up for a $2,000 master course. So, pick up a CRM and learn how to use it. You’ll then be able to plug it into your sales funnel and send highly targeted messages to the right people.
These are all things you’ll need to do right away if you want to boost your results with affiliate marketing. If you stay consistent and have a great game plan, you’ll eventually be rewarded for your efforts.