27 replies
Hi, how does affiliate marketing work and do you need your own website to work in affiliate marketing? Also, what is a split test? Sorry if this questions sounds dumb.
#affiliate #marketing
  • Profile picture of the author oda
    Welcome to IM Mate!

    Affiliate marketing is basically selling other peoples stuff for commission. I could complicate it more but that's what it is.

    How it works,

    You sell something and part of that sale price is paid to you.

    Do you need a website? No.

    It is one way to affiliate market with a website but there are other ways to do it.

    You'll need to pay me $7 then $17 then $47 for the rest of the info LOL
    (Sorry IMer's Lame Joke.)

    Split testing is making more than 1 advertisement/landing page/squeeze page etc and sending traffic to them.

    A split test sends pretty equal traffic to your different pages so you can work out which version makes you more coin. It allows you to focus on the stuff that makes more money.

    That's it in a nutshell.

    Hope that makes sense

    ODA
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  • Profile picture of the author Rory Singh
    You make money with affiliate marketing by 'selling' other people's products and making a percentage of the total sale.

    If you are selling other people's stuff, then you are just an affiliate who is trying to 'capitalize' from other people's creations.

    Vendors are people who 'create' products (they are usually experienced online and have enough knowledge to actually create products, new marketers should refrain from making their own products until they have enough skill, knowledge and experience) and get other people to 'promote' or market them in exchange for a profit share.

    How much money can you make?

    1- Commission Payout Percentage: You can make anywhere between 5 to 80% commissions per sale. Some vendors do offer the ability to make 100% commissions on products sold but they are usually selling your customers some kind of 'back end' membership fee that is 'reoccurring'.

    So they let you take home 100% in revenue per sale that you are entitled to make but offer some other membership deal that has monthly fees (but you do not get a percentage of this).

    In truth, the 100% commission structures end up being 45 to 80% payouts in reality.

    2- Value: If the products offer value and your target market can 'clearly' see it, then you can definitely make a lot more than by selling products of poor value.

    3- Saturation: This is where things can get a little hectic or troublesome. Since there are so many new people who have heard of making money with affiliate marketing, there is likely a lot more people (competition) in the same market that you will have to 'share' profits with.

    4- Your Skill Set: The better you are at promoting yourself and products, the better you will do. Your success takes time, effort, perseverance and ability. And that is why 97% of the people who come into this industry seem to fail.

    Understand that there isn't really any failure happening here, it just seems that way.

    The problem is that most new marketers who 'attempt' affiliate marketing quit way too soon because they 'expected' way too much, too fast.

    The main reason that causes most people to quit too soon is a 'Mind Set' issue. You will have to 'transition' into an entrepreneurial marketer who is very savvy!

    5- Mindset: Successful people think & act differently than everyone else in the same area or market. Getting the success / entrepreneurial mindset can take years (because the great majority of new people tend to put this on the back burner until too much time is wasted).

    6- Your Desire Level: I would say that this is the most important aspect of becoming successful with affiliate marketing (and the work at home industry in general).

    If your desire is strong enough, it will pull you through all the seeming Pain and Suffering that an entrepreneur can go through.

    Why is there pain and suffering?

    Because when we come into this industry very new and very 'green', we can blame ourselves too much and this goes back to lack of having the right 'mindset' (which is way more to go into detail on this thread).

    Anyway, there is always a 'silver lining' in every dark cloud!

    If your desire is strong enough, it will pull you through all the bull shi$ and keep you 'focused' long enough to make your break through happen online (and in life).

    If you figure out all the pieces in this [make money] puzzle, you will not only succeed my friend but you will be able to 'write' your own ticket (paycheck) for life!

    And everyone of you reading this right now can do it just as long as you don't do one thing...

    Quit.


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  • Profile picture of the author Brent Stangel
    And everyone of you reading this right now can do it just as long as you don't do one thing...

    Quit.
    Not true at all. This kind of mis-information is a big part of the reason so many lose everything they invest.

    It's not for everyone...or even more then a small minority.
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    • Profile picture of the author discrat
      Originally Posted by Brent Stangel View Post

      Not true at all. This kind of mis-information is a big part of the reason so many lose everything they invest.

      It's not for everyone...or even more then a small minority.
      Kind of have to agree with this. I think if you are committed and have the right Mindset and are able to 'hustle' and be creative, then yes it can definitely work.

      Honestly though , there are just too many people in this World that just can't do this.


      - Robert Andrew
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    • Profile picture of the author Freebiequeen1999
      Originally Posted by Brent Stangel View Post

      Not true at all. This kind of mis-information is a big part of the reason so many lose everything they invest.

      It's not for everyone...or even more then a small minority.
      Very true

      Most who reply to this sort of vague thread only do so to promote whatever they are desperately trying to sell

      To the Original Poster - if you come here asking such a broad question I have to ask - why didn't you do your homework, your legowork, your "due diligence" yourself?

      Affiliate marketing is not new - there is ton of info out on the web, no need to pay for stuff
      do your own research...

      as others suggest - find your niche - if it something you are interested in , passionate about you have a chance of profiting eventually. You need to build connections, lists, I think today social media is a big part of it
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  • Profile picture of the author talfighel
    If you are going to sell affiliate programs make sure that you create your own website on your own domain name and then add anywhere between 5-15 different affiliate offers there.

    Also make sure to build a list.
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  • Profile picture of the author seoboyz01
    Typically, split testing allows you to test a theory before implementing it for your entire email subscription list. This method allows you to measure your success. You can use split testing on any idea or on any page to see if it holds value. For instance, you might wonder if it's better to include an affiliate link directly in the email or better to send your list to a page on your site that reviews the product. So you would send an affiliate link to half your list and the other half would get the link to your website review page. Then you would see which method results in more sales of that specific affiliate product. That's just one way in which split testing can be used.
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  • Profile picture of the author vishwa
    Actually You can do affiliate marketing without having a blog or website. But However if you have a blog or site than it would be an extra advantage for you to promote stuffs easily and efficiently.
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    • Profile picture of the author Slade556
      Originally Posted by vishwa View Post

      Actually You can do affiliate marketing without having a blog or website. But However if you have a blog or site than it would be an extra advantage for you to promote stuffs easily and efficiently.
      I second that.
      It's easier and, I think, even better, to set up your own website.
      However, you do need some time to build credibility and traffic because, why would someone buy something from you if they can't trust you yet?
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  • Profile picture of the author wfletch24
    As others have said a website can be a great way to get into affiliate marketing. However, I also want to point out that an email list can be a great source of traffic for your affiliate offers as well. So a website is not only one place to post your affiliate offers but it can be used as a lead generation tool to build a mailing list. Which can then be monetized by sending affiliate offers.

    Another way to promote affiliate offers is with resource guides. Make a list of tools or products that you use and happily endorse. Add that page to your website or even create a PDF version of it.

    There are a number of ways to do affiliate marketing. Start slow and slowly expand your promotion tactics when you master one way. Then find which way works best for you and stick to it.
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    • Profile picture of the author seoboyz01
      Originally Posted by wfletch24 View Post

      As others have said a website can be a great way to get into affiliate marketing. However, I also want to point out that an email list can be a great source of traffic for your affiliate offers as well. So a website is not only one place to post your affiliate offers but it can be used as a lead generation tool to build a mailing list. Which can then be monetized by sending affiliate offers.

      Another way to promote affiliate offers is with resource guides. Make a list of tools or products that you use and happily endorse. Add that page to your website or even create a PDF version of it.

      There are a number of ways to do affiliate marketing. Start slow and slowly expand your promotion tactics when you master one way. Then find which way works best for you and stick to it.
      Some site owners put their affiliate links directly in the emails and not on their own website. This allows their site to maintain a credible look.
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    • Profile picture of the author entrepreneurjay
      Originally Posted by wfletch24 View Post

      As others have said a website can be a great way to get into affiliate marketing. However, I also want to point out that an email list can be a great source of traffic for your affiliate offers as well. So a website is not only one place to post your affiliate offers but it can be used as a lead generation tool to build a mailing list. Which can then be monetized by sending affiliate offers.

      Another way to promote affiliate offers is with resource guides. Make a list of tools or products that you use and happily endorse. Add that page to your website or even create a PDF version of it.

      There are a number of ways to do affiliate marketing. Start slow and slowly expand your promotion tactics when you master one way. Then find which way works best for you and stick to it.
      Great tips the email list is your #1 assett so use your blog as a lead generating tool rule #1

      Keep learning and be persistent with your new affiliate business and good things will come.
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  • Profile picture of the author Russell Shor
    Build yourself an email list. It's an marketers biggest asset.
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  • Profile picture of the author David Ogden
    Affiliate marketing success or failure depends on you. You are perhaps a little more on you own compared with MLM where supposedly you have an up line to support and help you. You will find that you have to use similar marketing techniques and tools, build lists, create content, write blog posts, create videos and Ebooks.

    You will need to learn your trade from books, videos and forums such as this or find a mentor to guide you. You need to be a good communicator and have an interest in marketing and sales, because that is what is going to be taking up most of your time.

    Certainly the higher commissions in Affiliate marketing are an attraction but you need to put in time and effort to achieve them. There is a high failure rate in all online business because most people don't like having to work to earn money. If you fail at affiliate marketing you have no one to blame but yourself.

    To build a successful business you need to be passionate, enthusiastic and willing to do whatever it takes for as long as it takes. How many people here are still sticking with their New Year resolution because those are the kind of people who will succeed in affiliate marketing.

    I think Rory provided a good answer to your question and I have touched on the realistic side.
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  • Profile picture of the author CurtisSWN
    Do a search on google or this forum exactly for those terms, you'll get all the info you desire, and more.....

    It will also be your first lesson in learning search engine for marketing.
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  • Profile picture of the author Vendzilla
    Sometimes you can sell things that are free and make money in an affiliate program. I have something like that coming up.
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    • Profile picture of the author Freebiequeen1999
      Originally Posted by Vendzilla View Post

      Sometimes you can sell things that are free and make money in an affiliate program. I have something like that coming up.
      Oh how fascinating.....I bet nothing like that was ever offered on the internet before

      I can't wait to pay lots of money cause you are such an expert

      ROFLOL



      seriously this is pathetic
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      • Profile picture of the author maitrikhamniwala
        Hi,

        You can have a complete website of yours which deals with only affiliate marketing. It means you sell products of different company (choose specific line of product and focus on them eg:- fashion/electronics/textiles,etc). Try bringing your website on 1st page through good amount of SEO (Most searched key words, title. etc). Once you get good traffic it gradually increases your selling and ultimately commission.
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  • Profile picture of the author quinng123
    Many affiliate programs don't require you to have a website and just give you a dedicated unique link their particular program.

    You get paid when you generate traffic to the link they gave you and your produce a sale.

    Split testing allows you to optimize your sales but is not necessary to get sales. Split testing is simply the process of having traffic being sent to Landing page A and then later comparing the same traffic to Landing page B
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  • Profile picture of the author Joe Lumbergh
    Affiliate marketing is selling other peoples products online, and earning a commission for it. [I]You could compare it to putting ads on your site, but instead you choose the product you want to advertise, and get paid a commission on sale.
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  • Split Testing is a distraction at the beginning.

    Don't focus on it.

    Affiliate Marketing works!
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  • Profile picture of the author remega
    So many awesome bits of advice
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  • Sorry for not answering your question correctly..

    No, you don't need your own website, all you need is a..

    Optin page, thats's it!

    One of those pages, with a email submit box..

    You can create a optin page for free using services like
    InstaPage

    Traffic > Your Optin Page (Building Your List) > Affiliate Offers On Thank you page plus in email followups. (You get 50 - 80% commissions

    Hope this helps you g
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  • Profile picture of the author andorod77
    Affiliate marketing is a great way for beginner's and veterans alike to start earn money online.

    What affiliate marketing basically is, is you choose a product you want to promote, it gives you you're own unique link that when clicked by anyone, will take them to the sales page of your product; you will get a commission for each sale that is coming from your link.

    Its not necessary to have a website to start affiliate marketing, but it is highly recommended as you can build your list of email subscribers from your website, so you can continually promote your affiliate products to your subscribers.

    One of the best market places for affiliate products is Clickbank .
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  • Profile picture of the author Leadsupply
    To those on the outside, affiliate marketing can seem like a black box. It’s inner workings are mysterious to most marketers and in many companies it’s not treated with the same seriousness as other channels. Some marketers, only familiar with the bad reputation acquired by some industry players in the 2000s, deride it as a source of spam and little more.

    The truth is much more complicated. It’s true that affiliate programs can be sources of phantom revenue and off-brand promotion. But managed properly, they can also make up 10-20% of online revenue and have an ROI among the highest of any online channel. CMOs are realizing that affiliate marketing can be an important part of their arsenal and are integrating the channel into their overall marketing strategies.
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  • Profile picture of the author Dave37
    Originally Posted by Knightsofusa View Post

    Hi, how does affiliate marketing work and do you need your own website to work in affiliate marketing? Also, what is a split test? Sorry if this questions sounds dumb.
    Simply put, affiliate marketing is promoting the product or service of a person and receive a share in the revenue. This same concept is also applied offline.

    You don't need a website to be involved in affiliate marketing, although it can be helpful. The goal will be to send people to the product or service page through your affiliate link, and if you don't use a website for that, this is called 'direct linking'.

    Split testing is when you change a 'variable' in your promotion method in order to test the result and see which variation will be more profitable. Variables can be the content on your website (articles, videos, long/short posts...), the type of website you use (a simple squeeze page, a blog post...), the ad network you use (Bing ads, Adwords), which in itself include several other variables (genders, age rage, countries, mobile users...).

    Hope that helps!
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