Everyone wants to live the American dream, and become a millionaire! That’s how it used to be… now people are just looking for a job and want some financial stability. I created this guide not only to help newbie blogger, affiliate marketers, and
Through this guide, you will learn everything from how to setup your own blog, to putting your established blog on autopilot and creating a new revenue stream that brings in money month after month.
When you see read the title of this guide and see “Six Figure” mentioned, this may blow some of you away and think it would never be possible for you.
Instead of looking at the big number, break this down. There are 365 days in a year, and your blog will be working for you every day of the year. This means your blog would only need to generate $273.97 per day to be making $100,000 a year.
Depending on where you are currently at, becoming a six figure blogger isn’t you’re your immediate goal should be.
Yes, it is possible to make a few extra hundred dollars a month, or even create a new six figure revenue source… but not without immediate action and dedication!
Blogging is one of the slowest and hardest methods for generating money online,
but at the same time it also has very low start up costs and if built correctly, can become of the most stable business methods around.
Whether you are a newbie, or experiences online marketer, this guide has something for everyone… and hopefully inspires you to become the next Six Figure Affiliate Blogger!
What is Affiliate Marketing?
In short, affiliate marketing is the backbone of how many successful blogs and businesses make money online. This guide was created for the use of both blogging and affiliate marketing. Before jumping into creating your own blog, you must first understand the basics of affiliate marketing.
How Affiliate Marketing Works ?
In the past, how did companies measure return on investment for their advertising methods, such as billboard advertising and TV commercials? It wasn’t easy.
No longer are companies putting all of their advertising dollars towards billboards, print and television and just hoping for results.
Companies have now been turning their advertising budget towards affiliate marketing and the internet.
With affiliate marketing everything is tracked, companies can tell exactly what the return on their advertising investment is. Who bought what… when, where, how and sometimes even why.
The diagram shown below explains how affiliate marketing works among the customer, affiliate and seller (often referred to as “merchant”).
Let’s use a popular online book store’s affiliate program as an example. As a blog owner, I write a review about a wonderful book I just read. I can either place a link in my review directly linking someone to the book seller, in which case they (the book seller) receives full credit for the sale, or I could join their affiliate program (if they have one) and become an affiliate of the book seller. As an affiliate, you would earn a commission on all referred sales or actions taking place on the merchant’s site.
Once approved by the merchant,
I can now log into my affiliate area and generate an affiliate link to any product on their site. Instead of direct linking to the online book store, if someone visits my site, clicks on my affiliate and makes a purchase, I would earn a commission on that sale.
With affiliate marketing, you never have to handle any orders, deal with customer support or billing, and most importantly there is no inventory.
Everything is tracked online and as an affiliate, you are paid weekly or monthly depending on your preferred affiliate program or network.
While maybe over simplified a bit, this is why affiliate marketing is one of the best ways to run a business and how anyone can start making money online without needing to spend thousands of dollars on staff, inventory or even an office.
First You Need To Understand Affiliate Pay Structures
Using Affiliate Networks to Make Money :
In the mid to late 1990s, there were only a handful of companies utilizing affiliate marketing. Now there are thousands.
Which networks are best for you and who you should trust, is the biggest factors when joining a new affiliate network.
In this section, we will breakdown the benefits of using an affiliate network, why some are better than others, and identify a few of the top performing affiliate networks in our industry.
What is an Affiliate Network?
The best way to describe an affiliate network is to think of a mediator between merchants (advertisers) and affiliates. If you’ve ever bought a house, you normally have a lawyer and use an escrow account.
The seller and buyer won’t exchange money and/or the house, until both parties are satisfied… the same concept can be applied to an affiliate network. The affiliate network stands between the merchant and affiliate and insures legitimacy for both sides.
The primary reason why affiliate networks exist is so an affiliate can find a wide variety of offers in one location, and merchants can have access to many affiliates.
The affiliate network does the overhead of recruiting affiliates, bringing in new advertisers, tracking leads and sending out payments.
For performing this overhead, affiliate networks receive a commission, usually receiving commissions in the 15- 30% range for their work. (Example: If an offer is paying $10 per lead, the advertiser is probably paying $13 and the network earns $3 per lead.)
Why You Should Use an Affiliate Network?
As an affiliate, there are a lot of options for running offers and making money.
The best and most efficient way to find new offers and get started is to join an affiliate network.
Not only do networks have a great deal of offers/merchants to choose from,
but they also offer affiliate support, creative services
and can normally pay more on offers if you can provide increased volume.
can normally pay more on offers if you can provide increased volume.
you can run several different offers at the same time,
and then receive one check at the end of the week/month.
Benefits of Using an Affiliate Network:
Some of the benefits gained from using an affiliate network include,
all tracking and payments are done by the network,
networks act as a middle man and
in many cases will pay their affiliates even if the network itself is not paid by the advertiser.
Rewards programs and incentives are also offered by affiliate networks.
A lot of networks like to motivate their affiliates to bring in more volume and earn more money.
From time to time,
some networks offer a 1-2% bonus on monthly earnings,
or will reward affiliates with vacations or other prizes to encourage affiliates to raise their performance level.
Recommended Affiliate Networks:
A few of the top referred earnings and most recommended networks are listed below.
With over 4000 active affiliate offers and ranked as the Number #1 affiliate network in the world by Website Magazine. ClickBooth has quite an established position in the affiliate industry. Not only is ClickBooth a great company to work with, but they have an awesome staff and affiliate support team as well.
Not only are they one of the largest affiliate programs around, but they are one of the longest running and most successful. I highly recommend Neverblue, and they are more accepting of new affiliates than other networks.
A well respected network with over 300 different offers, specializing in Email/Zip Submits, Healthy and Beauty and As Seen on TV offers. Lately I’ve integrated offers from PeerFly with a few of my smaller blogs and have seen substantial growth in revenue by employing their offers.
Next Topic You Should Learn: Understanding Affiliate Pay Structures
We also have our research on: Top 15 easy ways to earn money at home online ($200 – $3000 / month)
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