Back in August, I wrote a post about making $40 in 40 hours. I wrote about some tips I had for affiliate marketers and what worked for me. You can read that here.
While the $40 in 40 hours was truthful, it took countless hours of trial & error. Wasted social media posts, tons of space on my macbook through saving pictures and sometimes pointless blog posts promoting items I didn't necessarily believe in.
A few weeks ago, I received an email from one of my affiliates, Missguided(that's an affiliate link here) that they would be having a major sale and they asked us not to release details to the public. I immediately went to a private Facebook group that concentrates on fashion and released bits and pieces of the email with my affiliate link. I told everyone on the post to like the post so that they could see the updates as I posted them. The day before the sale, I released the details with another affiliate link and coupon code. Within 24 hours, I had generated over $100 in sales and hundreds of clicks from one Facebook post. It was the fastest I had ever generated so much income from affiliate links. This Facebook posts took me about 30 seconds to do and was way less time consuming than crafting 50 Tweets or Pinterest posts.
So, In this part of the series, we will discuss strategies to minimize time wasting and cross referencing them with my recent success.
Defining success in your Affiliate Marketing strategy is different from measuring success on your blog. 500 hits on your blog or page views may be considered successful but in affiliate marketing, it's a totally different ball game. 500 clicks on a link doesn't mean much if there weren't any sales generated. Views and clicks are important to people interested in just exposure. Your affiliate program however is interested in conversions. The tricky part about affiliate marketing is making a story compelling enough not just for a click but for a purchase. To put it in perspective, 3 clicks with two sales is more profitable than 1,000 clicks and 1 sale especially when considering the amount of time and effort it click took to receive.
Focusing on Pinterest boards with multiple users
These boards usually move pretty fast and the most recent content shows up. It's easy for your affiliate links to get lost in the sauce. Doing posts on occasion obviously won't be a major time killer but I don't think concentrating your energy on pointers would prove to be worthy of your time.
Ad Space Areas With Low Traffic
Affiliate marketers still see ad space as lucrative $$ when it comes to marketing. On the other hand, consumers really don't like to see ads on a blog and rarely click on these ads unless it relates to them. There's no purpose in having ad space on a low traffic website unless the company is compensating you well to do so.
Twitter is one of those social media networks that relies on the FIFO method. The tweet you put out now will soon be at the bottom when other twitter users put their content out. Twitter experts recommend tweeting links 3 times throughout the day for it to be seen by a majority of your audience. The trick with twitter is to make sure you're being informative and not spammy.
Tweets w/o Photos or Videos
If engagement on your links is important to you, then simply posting a link just won't do. Tweets with photos/videos get 30% more engagement than tweets without. That could be the difference between just a view and a sale. Adding a photo doesn't require too much effort and has a huge pay off.
Make Sure Your Affiliate Plan Includes Research
Before accepting or rejecting a program, do your research! Look at YouTube reviews, blog reviews and consumer complaints. Also if possible be your first sale. It's easier to talk about something you've experienced.
Concentrate Your Income Scheme to Niches Covered in Your Blog
It seems so easy to apply to a million programs in a range of industries. But if you don't cover men's clothing on your blog, why would you apply to men's clothing programs as an affiliate? On my blog I talk about women's fashion so the majority of my programs are in women's fashion.
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