Is affiliate marketing part of your 2022 marketing strategy? Affiliate marketing can be an ideal way to bring in passive income – making money while you sleep. But to be effective you need to have a strategy, need to find those businesses that provide affiliate marketing opportunities that have good commissions, and you need to work with brands and products and services that you believe in. How to make affiliate marketing pay needs to be part of your marketing strategy.
If affiliate marketing is going to be one of the strategies you’re implementing to drive money into your bank account, we have some tips to help you achieve success, maximize your efforts and make money while you sleep.
How To Make Affiliate Marketing Pay
Make sure your blog and website are trusted and highly searchable. You need to increase your domain authority. Ask Rex Richard and his team how to determine your domain rating (which goes from 0 to 100 with the highest number meaning your site is trusted). Domain ranking is raised when you have backlinks from other high ranking domains. The higher your rank, the easier it will be for your affiliate marketing to work and rank for its keywords.
It’s tempting to target keywords that are highly competitive BUT when you do that you’re competing with hundreds, maybe thousands, of others who are also using and ranking for those keywords. You may be swimming upstream and struggling. Start out with affiliate products and services that utilize keywords that aren’t so competitive. Make your mark in that niche and grow from there. You can use a tool like Ahrefs or SEMRush to find the ranks for particular keywords.
Look for affiliate services and products that have the opportunity for recurring affiliate sales. Monthly membership programs, products that grow in complexity and require the purchaser to reinvest in other products. Look for affiliate programs in which you receive a commission for each referral you make that turns into a sale.
If affiliate marketing is going to be part of your marketing strategy this year, look for products you believe in, those that bring in good commissions or the possibility of recurring sales.