An affiliate marketing program is a lot of work, and in most situations there's a lot of competition so you're not going to be bringing in money immediately. Business owners and entrepreneurs suppose that all you need do is setup a site and choose an affiliate to associate with and then just let it run its course. But according to Three Ladders Marketing, only 0.6% of affiliate marketers surveyed have been in the game since 2013. That means that affiliate marketing takes time and effort to build and make money.
Affiliate marketers love cookies! Cookies are small pieces of data retained on computers by browsers that contain various pieces of information in regards to a specific website visit. In the case of affiliate programs, most of the good ones include a 30-day cookie or longer, meaning if someone clicks your link and visits the site, you'll still get paid as long as they return to the site and make a purchase within 30 days. Cookies that linger even longer are a bonus!
In the BigCommerce affiliate program, you receive a 200% bounty per referral and $1,500 per Enterprise referral, with no cap on commissions. Plus, the more referrals you drive through the program, the higher your commission tier will go. BigCommerce uses an industry leading 90-day cookie, so you will receive credit for up to three months for the referrals you generate. Also, there are no obligations or minimum commitments to join the program.
Your domain is the address for your website (e.g., www.affilorama.com) so this is the first thing you will need to do when setting up your site. Considering there are millions of websites on the internet, it's possible that the domain name you want may already be taken by someone else. So make sure you have several options in mind. Be sure to read our advice on how to choose a good domain name.
Write an e-book on a topic that is related to your affiliates. For example, if you team up with an affiliate that sells fitness equipment, you may want to write an e-book about different workout techniques that involve the fitness equipment. Embed affiliate links into sections of your e-book. For example, if your e-book is about fitness, you can write about the importance of wearing appropriate running shoes during your workout, then embed affiliate links for a specific brand of running shoes that you recommend to your readers.
Affiliate marketing is often touted as a "get rich quick scheme" by shady sites offering pyramid schemes that promise quick cash for little effort. Make no mistake—successful affiliate marketers like Pat Flynn of Smart Passive Income put in a lot of effort toward building an audience and creating quality content that will bring in sustainable passive income. Expect to do a lot of legwork up front—but if you play your cards right, you can build a solid source of revenue over time.