Some offers may have low commission or conversion rates: Not all affiliate offers were created equal. Some offers pay out more % per sale. Somer offers just don’t convert that well despite sending tons of traffic to them. It is important to pick a good offer that converts well & pays out high. Look for offers that are the most popular in your niche at clickbank.com, or look at other affiliates ranked on page 1 of Google within the niche and look at what type of offers they are promoting. Most likely those are the great offers to promote in the niche.
Path #1: To build an authority site in a specific niche. Basically, you are building an entire online business from scratch, so you’ll learn a lot about Internet Marketing, and why people will take action on the products you promote. However, this path is long and tough, and a lot of people quit because they didn’t see the results that they want, even though they have put in a lot of effort for months. If you choose this path, you will not expect to see any results in the first 3 – 6 months, and you have to put in a lot of effort to it. The financial risk is not that much, but the time and effort will be wasted if you give up.
Here are some additional pictures from the conference. This first picture is from the Wynn Hotel. Kyle and Carson, the owners of Wealthy Affiliate, rented out an incredible 2 story suite for us to party in. They had top shelf drinks, entertainment, mouth-watering food, and we were simply treated like ballers. Networking and making connections with these other successful affiliate marketers was invaluable.
Pay-per-click advertising is the easiest way to get traffic to a brand-new site. It has two advantages over waiting for the traffic to come to you organically. First, PPC ads show up on the search pages immediately, and second, PPC ads allow you to test different keywords, as well as headlines, prices and selling approaches. Not only do you get immediate traffic, but you can also use PPC ads to discover your best, highest-converting keywords. Then you can distribute the keywords throughout your site in your copy and code, which will help your rankings in the organic search results.
One way to stand out from the competition with a drop shipping business is to private label your products. This simply means you put your own label/brand on the products that the manufacturer is creating. That way you're not selling the same product brand and just competing on price; rather you can use your own brand and face less competition. Think about when you're looking at medicine at the pharmacy; the brand names sell for higher prices and people think they are different from the generic brands even though the ingredients are exactly the same.
There are SO MANY success stories on Wealthy Affiliate, these are just some of the ones I found. One thing you’ll notice is that most of these success stories are NOT making money by promoting Wealthy Affiliate. They are promoting an array of other products and services. Wealthy Affiliate teaches you how to promote nearly any product or service in nearly any industry. That’s the beauty of it. Wealthy Affiliate does offer a fantastic affiliate program (which I am a part of), but there are so many other things you can promote once you go through the training.
When one of your customers makes a purchase, you purchase the product from a third-party company (the drop shipper, usually a manufacturer or wholesaler) for a lower price. This process is as simple as forwarding the order from your customer, a process that can actually be completely automated. (Remember you don't have any risk here of buying inventory because the sale has already been made).
Just take amazon as an example. In order to earn money from Amazon, you have to sign up as a partner with them. Once you have signed up, you will be given a unique affiliate link. You can promote this link by placing it in your own website, etc. When people clicks on that link, and purchase something, you make a commission from the successful sale. You do not need to handle the transaction nor are you selling stuff. You are connecting potential buyers to retailers.
To get your e-commerce business up and running, all you need is a web hosting service with an integrated shopping cart feature or e-commerce software. To simplify the shipping process, you can work with vendors to ship products to customers on your behalf. This can reduce the amount of inventory you need to keep onsite. [Related: A Small Business Guide to E-Commerce Shipping]