The Internet is filled with ways to make money with a blog, none the less the idea is the same to make you and the affiliate money. A popular way bloggers make money with a blog is with.. Affiliate marketing , Affiliate marketing is a partnership between you and a business owner with a product or service to sell! You do not have to stock any products or actually sell anything in the traditional sense.
A affiliate pays you a commission for sending traffic: potential customers to their website. You as the Affiliate Marketer earns a commission, how much depends on your contract agreement with the Affiliate.
For Example: Say, you sign up as a affiliate with a product retailer such as Wal-Mart , you would place their banner ads or links on your website or blog and when a visitor to your site clicks on Wal-marts ad’s and enters Wal-marts website and makes a purchase, you would earn a commission.
How much you would earn depends on the affiliates contract agreement . In some cases even if the visitor from your site did not make a purchase the same day of the visit, you could still earn a commission if they went back 30 days later and made a purchase.
Affiliate Marketing and the Niche Blog
The niche based blog you create, should be something you have extensive knowledge on, and / or passionate about. The fact that you are knowledgeable and passionate about what you are writing about , gives you the upper hand on recommending certain products and giving input on the does and don’t s, based on experience, and therefore you establish credibility.
Think about this, you read a book and gain a lot of knowledge from it, the author recommends things to purchase to further your interest on the subject matter, you would be more likely to purchase those items knowing it came from a creditable person because of the knowledge you have gained, through reading their book. You are establishing yourself as a expert on the subject and you are making recommendations on products or services a person can purchase to further their goals.
For example: say your niche is bowling, you could offer brief bowling tips, recommend books on the subject , bowling equipment and make suggestions on related items based on your experience.
The idea is to pre-sell, recommend your affiliate companies as a place to purchase products in the course of educating your visitors on your theme topic.
When the visitor clicks on your affiliate links they make a purchase you make a profit. You should believe in the products or services you refer to visitors, to maintain your credibility!
Common Mistakes New Affiliates Make ..
The number one mistake many Affiliates make ,is, they put up a lot of banners and links expecting people to just click through and make a purchase, but that is not normally the case.
Putting up a lot of banner ads and links unrelated to your blog topic, subject matter etc. is not a good idea. There are many Internet surfers can go online line to purchase products, if that is all they wanted to do .
If you plan to make money with your blog you need to establish a pool of potential customers. You need to give people a reason to visit your website or blog and a reason to want to purchase the items or service you are marketing.
Niche websites can be developed and promoted quickly to uniquely serve a targeted customer base, giving the affiliate a small but potentially continuous source of revenue.
This technique can then be repeated across several other niche websites. Some niches may become saturated with marketers, increasing competition and thus reduce the slice of the pie available to each competitor.
What makes a win, win situation in affiliate marketing, is good content, using the right affiliate programs specific to your niche site, updating your content regularly and generating ongoing traffic to your website. Put it all together and you are bound to make a good income in affiliate marketing.
Blogging helps to establish you as an expert on a particular topic based around your niche blog . People love to learn and there is always someone around looking to learn what you are knowledgeable about. Once you establish creditability you can create and sell your own digital products through your blog such as:
- Online courses
- Membership site
- Host Webinars
Direct Ad Sales:
When your blog becomes popular you can sell ad space directly to advertisers.