Archive for affiliate marketing

Is it still possible to make money blogging?

In the past few years, I’ve noticed a bit of a trend among bloggers who used to write about how to make money with a blog. It seems as though enthusiasm is dropping off and people are less likely to begin jumping into this particular niche. I’m not really sure what is killing it, perhaps it’s because of all of the sites that keep looking spammy and desperate to get people to buy their product. I suppose that’s just the nature of the beast.

I’ve even veered off course. If you’ve been reading my blog for long, you know that the past five years or so have been really bumpy. In the time I’ve spent away from running this site, I’ve been doing all sorts of things. I’ve learned a lot about running a business, I’ve gone back to college, I started a band, and I’ve discovered who I am…which is probably by far the most rewarding of all of these things. Except maybe the band…that’s a lot of fun.

Given that everybody seems to be off doing their own thing, what is the future of the ‘make money online’ niche? Does it need some CPR? Should we just put it in a box and call it a day? Looking around at some of the old blogs I used to follow, it almost seems that way.

But I’m not done.

The fact of the matter is that you can still make money online. Even though ad blindness is a big thing, I’m sure you’ve noticed that there are still ads on websites. There are still people trying to start blogs that need to learn how to monetize them, if for nothing else to help cover their costs of ownership. There are still people writing eBooks about how to make money online with very little effort (which is usually crap).

Let’s look at these things for just a second, because I feel they are very relevant.

1. Advertising still makes money! How do I know this? Because if it didn’t, everyone would abandon it. Okay, maybe Google changes and tweaks to AdSense rules have made it more difficult. That doesn’t mean anything. You are a blogger. You write content hoping people read it. Some of you probably spend hours tweaking away at your keywords hoping that you will rank well in the search engines and someone will like what you have to say. So what are you working for, really? Just hoping that someone sees your post? Great. Trying to make money? Well, if you aren’t making that traffic work for you, then you’re doing it wrong. You should set up your AdSense account, you should join an affiliate network like Logical Media, and you should at least do SOMETHING to monetize your site. Even if you only make a dollar a month, that’s a dollar you didn’t have before.

2. Writing an eBook makes money! There are two ways to leverage an eBook to help your pocketbook. The first one is something that you probably already know if you’ve been reading make money online blogs…and if you don’t know this, you probably have noticed this. Many sites give away a free eBook in order to build their mailing list. How does building a mailing list make money? Easy…if you’ve never opted in for a free eBook, go try it. Get your free eBook and then pay attention to the follow up emails that you get…they will have other things for you to try. These are usually affiliate links. If you write a good enough eBook or sales copy, people will follow your links, and you will get paid for their purchases, opt-ins, or whatever. You may have heard people refer to this as a ‘sales funnel’. The second method, and this is something that many people might not quite see, involves selling your ‘how to make money’ product. Remember that eBook followup email? That link you clicked that took you to another ‘amazing training product’ makes the person who sent the email money, but when you purchase that product, you give money to the writer of whatever eBook you are purchasing.

Here’s the dirty little trick that those eBooks won’t tell you.

These gurus are making money and turning it into passive income through affiliate marketing!

Here’s an example: let’s say that I write an eBook and decide to sell it for $5. I can do that all day from my blog or squeeze page, but I’m limited to my own audience. If I recruit affiliates and let THEM do the promotion, I open myself up to a much LARGER audience. If I pay the affiliates $3 per sale, I’m still going to make $2 per sale off of that eBook…AND I DIDN’T DO THE WORK beyond writing it in the first place. What does that mean? That means the income becomes passive rather than active.

Let’s also assume that I can only reach about 1,000 people through my blog. At five bucks a pop, that’s $5,000 in sales provided everybody buys one (which won’t happen). But if I recruit 5 affiliates, and THEY have audiences of 1000 people each, that’s a total of roughly 6,000 readers (including my own). Let’s just make this easy and leave me out of it…so assuming 5,000 readers. If every one of those affiliates sell 1,000 copies and earn the $3 affiliate payout, they each make $3,000. What about that extra $2 per sale that I would get? Well, $2 x 5,000 = $10,000 that I didn’t have to work for!

Although these numbers were chosen for ease of math, you can see how affiliate marketers REALLY make their money…by developing their own product and recruiting other people to sell it for them.

Do a bit of research. You’ll see that people are still making money online, but the trick is to figure out how the system actually works…that’s the difference between a normal person and a pro.

 


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MyPoints uses ShareASale and Logical Media

Have you ever wondered what affiliate network does MyPoints use? I sure have.

I love MyPoints. I really do. I’ve been a member of that site since way back in the day. I remember when they used to send out free CD’s (which is how I ended up with my Nerf Herder cd…if you haven’t heard it, shame on you).

As an affiliate marketing wannabe, I can recognize that MyPoints uses the same system that we do at least to some extent. They build a huge membership/mailing list, then they send promotions to the members. The offers are often sent with incentives to click them (usually 5 points), which add up and you can trade them in for cool things…I usually go for the Amazon gift cards.

So where do they get these offers to promote?

MyPoints gets their offers from the same affiliate networks that we do.

I knew that the offers looked familiar…I had seen a few of them in some of the networks that I use. But today I got my confirmation.

I checked my email and clicked the MyPoints link as usual…but this time there was a delay between the redirect and ending up on the offer page.

http://www.shareasale.com/r.cfm?u=*****6&b=******0&m=****4&afftrack=*****************&urllink=www.*********.com/shareasale/begin?destination=http%3A%2F%2Fwww.*****.com%2Fecards%2Fchristmas%3Futm_source%3DMyPoints%26utm_medium%3Dema

I thought it was a good idea to edit some of that out…just seemed like the more ethical thing to do.

As you can see, for this particular ad they are using ShareASale. I don’t really need to go into any further detail about this.

In addition to ShareASale, I have also found that MyPoints uses ads from Logical Media and NeverBlue Ads as well.

There’s really not a point to this post, just thought this was cool and wanted to share. It’s interesting to know that those of us who are small time affiliate marketers really are swimming in a pool full of bigger fish. Fight hard. Make money.

 


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What is Affiliate Marketing?

Those of you who try to make money online have either heard about or have been involved in affiliate marketing. But there are a bunch of n00bs out there still scratching their heads trying to figure out how the big guns like John Chow make so much freaking money on the net who haven’t realized that there’s more to it than just making a very awesome blog. The real money is usually made on the back end, and most of the time it involves affiliate marketing.

Still wondering about affiliate marketing? Really? OK, here’s a little visual for you:

Affiliate Marketing Explained

So really, once you get past the big, scary words, affiliate marketing is simply advertising where you earn a cut for your referrals. Now, there are a couple of different ways to go about this. Let’s take a look at a couple of these methods.

Web Affiliate Marketing – This is probably the most prevalent type of affiliate marketing among my readers (and fans of the other guys). While this is a fairly broad term, it essentially means using the web as a tool to promote someone’s product. For example, selling ad space on your blog or website, email marketing (which, although it is done on the web, I don’t personally see it as the same thing as ‘web marketing’), or using social media as a method for promotion. Most of these ads will come from an advertising network, like Logical Media or Market Leverage.

Offline Affiliate Marketing – This is basically the same principle applied to the analog world. One example is if you were to find a person you knew who provided some kind of service, for instance tax preparation, to partner up with. You would promote their service (using word of mouth, fliers, some method of advertising) and in return earn a commission based on your referrals. While it may not be quite as easy as sitting at a computer pasting ad code onto a site, the rewards can be just as great (if not faster, since you wouldn’t have to wait to hit a certain payout threshold).

These two examples are just a basic look at two different realms that affiliate marketing works in. There’s still a lot of good information out there, and I would recommend doing a bit of research. Once you figure out what affiliate marketing is, then it’s only a simple matter of application.

 


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Twitter Testing Was An Epic Win

The other day I was reading through a web forum that discussed some very interesting alternative marketing tricks, and I came across a person who had created a tool for automatically posting messages to Twitter. I wanted to see what this could do when you combined it with my current Twitter marketing strategy.

In a word, wow.

At this time I won’t divulge the actual name of the tool, since it has been upgraded and I will be testing out the newer application soon. Probably today, actually.

In a nutshell, my strategy includes one CPC link that earns $.10 per click. Now, when I post this link, I normally make $1-$3 each time. Well, with the autoposter, I had it set to go off every two minutes. By the time I ended the test at 11 PM CDT, I had made $67.50. Not bad, eh?

Well, I didn’t want to lose my Twitter account, so I went back and deleted all of the posts from my timeline. I especially had to do this because I used my main Twitter account. Probably not the best move.

Today I have shifted the tool to post to another, more appropriate niche-related account at a somewhat slower rate. As of right now, I’m sitting at $28.20 for the day. And yes, it’s still climbing.

I can’t wait to test the new tool, which should allow me to rotate text, rotate accounts, and basically do a better job in a better, less spammy way.

I apologize to my followers for being brutalized by my test. Hey, at least I’m sharing what I do to make money with you…you can join the bandwagon!

Anyway, I had to treat myself to some sushi today. It’s a very rare treat for me. And since I’m such a sushi noob, I thought it would be good to try to be like John Chow and get a pic. Unfortunately, my stupid cell phone camera doesn’t auto-save pictures, so that means I’ll have to go order the same thing again some day. Hmm…not a bad idea!

 


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I got a check from Logical Media!

Yesterday I came home to an envelope that had already been opened. No, not by anyone I don’t know, so it’s cool.

It was my first check from Logical Media!

For those that may not know, Logical Media is an affiliate network that has some pretty good offers. And yes, it is confirmed now, they are very legitimate. Of course, if I didn’t have people tell me about them to begin with, I would not have joined.

This check was for $121.05. That may not seem like much, but I really do put a very small amount of effort into marketing in what little time I have to do it, and I mainly stick with just ONE of their current campaigns. I’m not telling which one. :p

If you are looking for a good affiliate network, you should check out Logical Media. There’s a banner on the right hand side of the site that you can check them out and/or sign up with.

They were offering a $25 signup bonus at one point. Not sure if that’s still going on, but it’s worth a shot.

 


If you like these posts and want to stay in the loop, please join the mailing list...I never spam, but you will get some insider specials! You can also follow me on Twitter. And if you really like this stuff, you can buy me a coffee!

 

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