Affiliate marketing allows its marketers, or “affiliates,” to take their income into their own hands. This strategy is, in some instances, referred to as a form of “passive income” for those who endorse products. By this, we mean affiliates aren’t always actively selling to make money. They put their strategies in motion and any sales that come through their site drive income.
You may have heard of ClickBank, one of the oldest and most popular affiliate networks. A billion-dollar company, ClickBank specializes in digital products like e-books and software, as well as membership sites. If you are comfortable selling information and don’t want the management and administration hassles of “real” businesses, this may be a good starting point. Its commissions can be anywhere from 10% all the way to 75%.
The purpose of this business plan is to raise $150,000 for the development of an online affiliate marketing website that will provide a platform to sell other peoples products as well as allowing users to upload articles they have written. This business plan will also showcase the expected financials and operations over the next three years. The Affiliate Marketing Website, Inc. (“the Company”) is a New York based corporation that will promote links to ecommerce website while generating revenues through ads via its online platform (www.mysite.com) to users. The Company was founded by John Doe.

The Affiliate Marketing Website will place advertisements through its online platforms to promote ecommerce products sold by other companies. The business will receive commissions of 40% to 60% on all products sold by third parties. The business will generate revenues from static and dynamic advertisements that generate revenues on a per 1000 impressions basis while concurrently earning other income from affiliate partner revenues. The third section of the business plan will further describe the services offered by the Affiliate Marketing Website. The third section of the business plan will further discuss the operations of the website.
The products and services you will be promoting to your audience must be relevant and good quality. Make sure you believe in them and know everything about them, because this will be crucial to you delivering the sales pitch to your audience. You need to build trust with your audience so make sure the products and services you choose to promote are trustworthy enough.  

Cookie life (the time in which you get credit for an affiliate commission) are typically better than Amazon as well through other affiliate programs and networks. Some like Wealthy Affiliate, offer affiliates LIFETIME cookies, meaning you get a commission if someone goes through your affiliate link and joins at any time, forever. Compare this to shorter cycle cookies like Amazon (which are only 24 hours).
Mr. Doe is seeking to raise $150,000 from as a bank loan. The interest rate and loan agreement are to be further discussed during negotiation. This business plan assumes that the business will receive a 10 year loan with a 9% fixed interest rate. The financing will be used for the following: • Development of the Company’s online car website platform. • Financing for the first six months of operation. • Capital to purchase servers, computers, and related technology Mr. Doe will contribute $25,000 to the venture.
Hey Tiffany, how are you today? This is an excellent guide and I love all the information! It’s true many people who have blogs have no idea about affiliate marketing and it’s potential, but there is so much money to be made from affiliate marketing it’s unreal. One tip I could give is people who are building up blogs should get into affiliate marketing earlier! Great post, have a great day… thanks for the great information!
Determine your interests. Do you blog about green products, baby stuff, travel? But don’t just think about your blog’s overall theme. For example, if you wrote a post about green living but don’t typically do so, sign up for affiliates related to that subject and add them to that post. I asked the panelists how many affiliates they were a part of and the answer was HUNDREDS. Yes, hundreds. While that sounds daunting, you aren’t going to do all of these at once. You’ll build this up over time.
Despite its older origins, email lists are still a viable source of affiliate marketing income. Some affiliates have email lists they can use to promote the seller’s products. Others may leverage email newsletters that include hyperlinks to products, earning a commission after the consumer purchases the product. Another method is for the affiliate to cultivate email lists over time. They use their various campaigns to collect emails en masse, then send out emails regarding the products they are promoting.
The best way to think about affiliate marketing is quality over quantity. There are a lot of small websites that will promote your product, but the key is finding a small number of partners that will deliver conversions. For example, an equity management services firm has over 20,000 affiliates in its system, but only about 25 affiliates generate 85 percent of revenue.
You can put up banners on your site, to promote your affiliate offers. Most affiliate programs will usually provide their own creatives when you sign up for their offers. All you have to do is insert the banner on a highly trafficked page (your affiliate tracking is usually embedded within the code). Banner ads in the right locations can do a great job of driving sales.  
It’s a little silly how often people overlook this step. The simple math is, if you have more eyeballs on your affiliate links, the more likely you’ll make sales. Sure, that’s a bit of an oversimplification buuuut it still holds true that you should be trying to gain traffic on these posts anyway. So, remember the importance of promotion! It’s not enough to just write killer affiliate posts.
You should also make sure you aren't competing with your own affiliates for eyeballs. Any marketing channels you're using, such as search engines, content sites or e-mail lists, should be off limits to your affiliates. Put marketing restrictions into your affiliate agreement and notify partners immediately. It's your program--you set the rules. Or, if you prefer, you can let your affiliates run the majority of your internet marketing.

Glad it was helpful, Kimberly! Yes, from what I understand they use an affiliate program for 1-2 links in some cases. For example, I use scrapbook.com’s affiliate program for that one bunting how-to but I don’t really blog about my scrapbooking so that’ll probably be all I used it for. I was also concerned about having so many, but for old posts that still get a lot of traffic, it’s a good idea!
Hey Tiffany, how are you today? This is an excellent guide and I love all the information! It’s true many people who have blogs have no idea about affiliate marketing and it’s potential, but there is so much money to be made from affiliate marketing it’s unreal. One tip I could give is people who are building up blogs should get into affiliate marketing earlier! Great post, have a great day… thanks for the great information! 

What are the terms of the program? Is there anything I need to be aware of that would make a program not worth it for me. For example, Amazon Associates does not allow you to put your affiliate links in emails. If your main method of communication with your audience is via email, Amazon might not be a good fit for you. Wayfair, for example, does not allow their affiliates to post affiliate links on Pinterest or any other social media site. If that’s a strategy you rely on, Wayfair might not be a good fit for you.
I’ve already committed thousands to AWOL(I’m 17 by the way) and I believe in quality products as such to promote. Do I need to purchase SFM training eventually? I am willing to do so, in order to stay congruent with diversifying income and promoting valued, justly priced products, just as the top earners do so. Please let me know what you can say about the terms of being an affiliate with SFM.

The key to your success depends on the affiliate product. Associate yourself with an affiliate programs that supplements your product or service. Learn to choose your affiliate product carefully! Look for programs that pay very high commissions. Determine your competitors and get ahead in the race. Upload content on your home website, advertise your product and increase your sales! Learn all the tricks of this competitive field and earn the thousands you have always dreamed of!
12. Avangate Avangate is a player in digital commerce that you may not be familiar with. Avangate, backed by a cloud platform, focuses on online commerce, subscription billing, and global payments for Software, SaaS and Online Services companies. More than 4000 digital businesses in over 180 countries trust Avangate including Absolute Software, Bitdefender, Brocade, FICO, HP Software, Kaspersky Lab, Telestream, Spyrix and CleverControl.

LongTail Pro has proven to be an indispensable asset when it comes to keyword research for me and my colleagues.I personally have been using the service for a while now, and have found over time that the data it gives around keywords tend to be more accurate than the other keyword tools on the market. I also introduced the LongTailPro to my colleagues who previously had been using other solutions, and now they absolutely swear by it! It is the go-to tool for keyword research at our agency. I highly recommend it.

Why should you read this book? This book shows you that everyone has a personal brand whether they recognize it or not. This A to Z guide provides you with 26 lessons on how to successfully develop your personal brand. The authors provide an actionable roadmap for developing your personal brand and accelerating your professional success. Whether you are an entrepreneur, a business leader or a marketer, this book provides you with insights from professionals who are reaping the rewards from their successful personal branding efforts.
One tip can help: On every page where you post a link mention the name of the merchant somewhere on the page. It can be as part of the referral comment, like “You can find one of these XXXX products at my partner, Amazon.com.” This allows you to search your site for the product name + the merchant’s name and find all the links in the site that need to be removed or changed. When you get to where you have hundreds of pages with affiliate links on them, you need such a system to manage your links.
CPA marketing programs pay affiliates when a specific action is taken by the referral or lead. Common actions include clicks, impressions, form submits, sign-ups, registrations, or opt-ins. Since Cost-Per-Action models don’t necessarily involve a direct sale (and involve more risk taking) the payout percentages are far smaller than they are in Cost-Per-Sale.
Another great thing about Amazon affiliate program is that you will have a choice of promoting products that interest you. You can promote the products by writing reviews or articles about the products. The earning potential in Amazon affiliate program is unlimited. Unlike other companies where you will earn by promoting a single product, Amazon offers you with a unique link that earns you a commission each time a customer purchases any product from the site.
I personally prefer to do it that way--you can create a more convincing review that's more likely to make sales. It's not always possible or practical, though; for example, would you break up with your significant other just to test a product for getting your ex back? ;-) In cases like that, or if the product is expensive, it's usually best just to use the vendor's affiliate resources instead.
Trends that I have noticed in my niche (scuba diving)... well, good question. I'm finding more people want to go on holidays, most can't afford to do the holidays and many that don't have the time because they have family. Many who are afraid to dive. I'm also finding the trend in dive gear purchase has to done thru Amazon.com and not thru Amazon.ca. The only problem is they will not ship to Canada and even Amazon.ca doesn't really carry it. Best to go with Canadian affiliates outside Amazon.
Absolutely wonderful post! I love how you’re striaght forward with all your information but my favorite is how you describe the way you feel when you make that first sale. It’s always a great feeling to see a return on your efforts. I’d just like to add how important it is to Never Ever give up! If you have any interest at all in being successful in this business (and it is a business) then treat it like one and plan, prepare and dedicate yourself. Don’t always focus on making millions, focus on what it will take to change your life. Most peoples lives would change with just an extra $50k a year!
Domain name – A domain name is the name of your website. It is the address internet users type in to access your site, instead of entering the numerical IP address. If you don’t have a hosting provider yet, you can get a free domain name with any of the shared hosting packages on BlueHost. If you already have hosting, you can purchase a domain a la cart for as low as $9 per year.
Trends that I have noticed in my niche (scuba diving)... well, good question. I'm finding more people want to go on holidays, most can't afford to do the holidays and many that don't have the time because they have family. Many who are afraid to dive. I'm also finding the trend in dive gear purchase has to done thru Amazon.com and not thru Amazon.ca. The only problem is they will not ship to Canada and even Amazon.ca doesn't really carry it. Best to go with Canadian affiliates outside Amazon.
Fortunately, I learned about the CTPM process early on and it is still the backbone of my content marketing strategy. When you first start an affiliate marketing blog, you’ll be tempted to just make money as quickly as you can. This is the wrong way of thinking and often leads to an early failure. The CTPM process has proven to work time and time again. Here’s what CTPM stands for.
Despite its older origins, email lists are still a viable source of affiliate marketing income. Some affiliates have email lists they can use to promote the seller’s products. Others may leverage email newsletters that include hyperlinks to products, earning a commission after the consumer purchases the product. Another method is for the affiliate to cultivate email lists over time. They use their various campaigns to collect emails en masse, then send out emails regarding the products they are promoting.

Affiliate marketing can be a big source of revenue. The key to maximizing your affiliate earnings is to provide additional value and to engage your readers. Unlike traditional ads where you are paid for impressions or clicks, affiliates are only paid if or when a specific action is performed. The action might be something as simple as signing up for a newsletter to submitting their zip code information up to having a sale completed. Regardless, you are not paid until you've compelled your readers to take some type of action.
The tips mentioned above covers the bulk about how profitable affiliate sites are set up nowadays. If you’re familiar with building sites and a bit of SEO, then this affiliate marketing guide should put you on the right path. However, if you want a more comprehensive guide to affiliate marketing, then you will need more than just free resources online to get a website up and running.
What I recommend is to be very specific and go after what would be called a “micro-niche”, but give yourself room to expand later on. For instance, when I’m first starting, I might make my car website about a specific year of the Ford Mustang, like the 1969 Ford Mustang. It could take me months to create content just about the 1969 Ford Mustang, but eventually, I’d likely want to expand the site to include additional models and years.
Don’t let your imaginative ideas about how to get the word out about a product or service be limited simply by what everyone else is doing for marketing tactics. Give yourself permission to try out of the box strategies. Examples include; ‘green graffiti’ where brands have pressure washed their message into dirty sidewalks, and Unicef’s (who helps people in third world countries get clean water) idea to sell bottles of ‘dirty water’ from a vending machine. Whether you’re just looking for some examples to get your mind moving, or specific tactics, Guerilla Marketing may help you knock the dust off of your creative thinking hat.

On the other hand, they may need longer to think about it. Perhaps they’re waiting for payday, or they’re not quite sure yet whether they prefer the blue one that they also spotted while browsing around the advertiser’s site. They may go away and come back in a couple of weeks’ time, no longer able to resist the urge to blow their wages on a better board.
×