This page will expand on the Affiliate Marketing section in my passive income book. A big part of succeeding in the Digital Age is finding the right products to recommend to your tribe. If they don’t truly help your tribe achieve their goals, you won’t have a tribe for long. That should be your #1 concern.
Second to that is finding affiliate programs with the best terms for you to make money. What commission % do they offer compared to competing products? How many days after your affiliate link is clicked will you receive a commission for sales? (This is often referred to as the “action referral period” or “affiliate cookie duration.”) This is typically between 1 and 120 days, although some private affiliate programs offer lifetime commissions on all sales generated from customers you send their way.
In addition to all that, you will want to concern yourself with how effective the various merchants are in closing the sale on the hard earned traffic you send their way. You don’t have to take their word for it. Many affiliate networks are “transparent marketplaces.” This means you can see how effective each program is right from your affiliate dashboard.
For example, you will typically have access to metrics like epc (average earnings per hundred clicks). You may consider a lower commission % if the epc is higher. Keep in mind also that the average epc may not apply to you. If the product is a perfect fit for your tribe and you are preselling them, your epc may be much higher. You can try different programs to see what resonates the most with your tribe. To get yourself on the right track, I highly recommend you check out Wealthy Affiliate for some great free training on how to succeed with affiliate marketing.
Here are some of the larger Affiliate Networks for your consideration (they cost nothing to join as an affiliate):
CJ Affiliate (formerly Commission Junction)
Rakutan Affiliate Network (formerly LinkShare)
Amazon Associates Program
There are of course many affiliate networks and many thousands of private affiliate programs out there. The Affiliate Networks at above are ones I have had the most experience with. They are a good starting point. No matter what niche you are in, chances are you will find good products there that you can promote to your tribe.
Most affiliate programs require you to provide details of your web presence where you will be promoting their products. If you don’t have that yet, refer to the Start a Blog in 5 Minutes post on this blog.