Sunday, 19 July 2015
Making Money Using Clickbank – Where Do I Start?
Clickbank is probably one of the best known affiliate programs online. But you’ve signed up with them & now you don’t really understand the site or know what to do to start making money. (If you haven’t yet joined their affiliate program, you can by clicking here)
Your first thought is maybe to promote as many products as you can, more products equals more chance of profit right? As I mentioned in a previous post, Wrong!
Before we get into the promoting products side of it, let’s just look at Clickbank & see what everything means.
Looking at the image above, we have signed in & clicked on the “Marketplace” tab at the top of the page. This then brings up a list of all the niche categories. if we click on one of those it will then bring up a list of sub-categories relevant to that niche (see image below)
For this example I am clicking on “Mens Health” I am then going to click on the advanced search option at the top of the screen….
By clicking advanced search, it will enable us to narrow down our search so we can find the best products for us to promote.
Take a look at the screenshot below. You will see that I have ticked some options for our search.
Let me explain why I have selected to search around these parameters:
“Gravity” – If you searched google on the term Clickbank Gravity, you will find a lot of views, explanations & opinions on it, everyone being different.
It’s not unusual for a product on clickbank to show a gravity of 161.10, this means that 161 affiliates have sold at least ONE in the last month BUT one could mean one affiliate has sold 1000 units.
So it’s a very unclear piece of information. I always choose a gravity of under 100. But I would eliminate a product that showed a really LOW gravity say 12 when we go through the results.
The other two parameters I have ticked & altered are the intial sale in $ & the average sale in $. They are just averages I like to use.
The last parameter I tick is “Vendor has affiliate tool page available” that means that we are able to get Banners, pre-written emails, sometimes tweets all ready for us to use on our website or email to our email list (if we have one)
Depending on how you intend to promote the product, you may not need affiliate tools, but I want to be able to get banners/ads so I always choose this one.
Right, so let’s see what products our search returns.
Majority of results appear to be selling Male Enlargement Products (it’s now I wish I’d chosen a different niche as an example) But we shall carry on regardless, we’re all adults here right?
This was the top result (I chose to sort results by gravity high to low) & you will see we have gravity of 57.65, an average sale of $36.61 & it shows an average rebill of $36.53 so this means that we have the chance of a recurring income if the customers continues to subscribe (not all products offer a rebill option)
I have highlighted some text under the product description which reads pebible.com/affiliates. This is exactly what we are looking for, this is the page where we get our banners etc. (our affiliate tools)
If we go to that page now……
I have scrolled right down to the bottom, that is usually where you will need to go if you can’t see the tools on the page. We need to click on “Or Skip Registration” (see arrows) you can fill in the info in the box above if you like, but that’s usually just a way of them getting your email address so you go on their mailing list.
By clicking there we are greeted with our tools page & as you scroll down you will see Banners, Email Swipes there are even three promotional videos you can use. It all depends how you wish to promote this particular product.
Now the MOST important thing is your “Affiliate Link” & you will find it on the tools page (see below)
Without this link you wont be getting any commission AND where it says CLICKBANK ID within that link (URL) you MUST REMEMBER to insert YOUR Clickbank ID. So if your ID (this is the username you chose when you first signed up to Clickbank) was ABC123, you affiliate link would be ” http://ABC123.pebible.hop.clickbank.net ” Without your code inserted Clickbank will not know whose link got the sale you see.
How you promote your product is totally upto you & you will find subjects like that in a variety of posts on my website. The banners can sit on your website Or you can place them on other peoples websites (see post)
On all Affiliate Tool pages you will see HTML code under the supplied banners, you simply paste this code onto your website NOT FORGETTING TO INSERT YOUR CLICKBANK ID !
OR you could right click on the banner, “save image as” & then use the image that way. When you use it on your site or use it as an advert on someone elses, just link it to your affiliate code URL.
I hope this explains the basic outline of Clickbank for you & how you can alter the search & find the products & codes you need.
As always feel free to leave comments below & let everyone else know how you are getting on.
Thursday, 9 July 2015
This is The Real Deal
Hi guys (& gals),
I hope you are all ok. The sun's shining here in the Uk, which as you know makes a nice change. I wanted to post a personal note to you all as I the most common question I get asked is "Can anyone really make money online?" I can totally understand why some people would think it's some made up dream or a conspiracy that only a few chosen "special ones" can do it & I believe the reason people are sceptical is because there are so many people out there tyring to sell "Get Rich Quick" schemes, making promises which they know & I know do not work, Don't get me wrong, they do make money but only for the person selling them. So in that respect they ARE making money online!
Obviously I don't know you all personally, I don't know your work ethics or mindsets & I do believe that some of the stuff you may have tried didn't work because you gave up after a couple of months. I certainly don't blame you for that, I blame the sellers that made you believe you would be RICH in weeks or even days, maybe instantly. Trust me there is no magic "Press here for money to appear" button.
I earn money online but I 'm still learning, the same as you & I wanted to introduce you to a guy I met online. His name is Kyle & along with his business partner Carson he runs "Wealthy Affiliate" as with anything in the niche we love so much I was sceptical but, & I don't say this often, I was very very impressed with what he has achieved with this site.
I will mention first that this a FREE site & for free Kyle & Carson will teach you right from the beginning how to set up a website, SEO, Keywords, Affiliation the list goes on. The whole Wealthy Affiliate site is a total library of tools you will need & has a great community feel to it. So if you get stuck , need help, have a question or anything at all you will get an answer from other people in the same situation as you. You will even get to chat to Kyle himself.
It would appear that Kyle & Carson having made fortunes themselves have now dedicated their business to helping YOU.
You have the option to go premium & upgrade after the first ten lessons, but even if you choose not too you can still continue with your new online business & still get help as & when you need it.
You are never alone that's the fantastic part I think.
Click here to see the site & sign up for a free account. Even if you do nothing else, I would strongly recommend taking a look.
I honestly don't believe you will get a better platform to teach you how to make money online.
Take care, stay safe & enjoy,
Richard
I hope you are all ok. The sun's shining here in the Uk, which as you know makes a nice change. I wanted to post a personal note to you all as I the most common question I get asked is "Can anyone really make money online?" I can totally understand why some people would think it's some made up dream or a conspiracy that only a few chosen "special ones" can do it & I believe the reason people are sceptical is because there are so many people out there tyring to sell "Get Rich Quick" schemes, making promises which they know & I know do not work, Don't get me wrong, they do make money but only for the person selling them. So in that respect they ARE making money online!
Obviously I don't know you all personally, I don't know your work ethics or mindsets & I do believe that some of the stuff you may have tried didn't work because you gave up after a couple of months. I certainly don't blame you for that, I blame the sellers that made you believe you would be RICH in weeks or even days, maybe instantly. Trust me there is no magic "Press here for money to appear" button.
I earn money online but I 'm still learning, the same as you & I wanted to introduce you to a guy I met online. His name is Kyle & along with his business partner Carson he runs "Wealthy Affiliate" as with anything in the niche we love so much I was sceptical but, & I don't say this often, I was very very impressed with what he has achieved with this site.
I will mention first that this a FREE site & for free Kyle & Carson will teach you right from the beginning how to set up a website, SEO, Keywords, Affiliation the list goes on. The whole Wealthy Affiliate site is a total library of tools you will need & has a great community feel to it. So if you get stuck , need help, have a question or anything at all you will get an answer from other people in the same situation as you. You will even get to chat to Kyle himself.
It would appear that Kyle & Carson having made fortunes themselves have now dedicated their business to helping YOU.
You have the option to go premium & upgrade after the first ten lessons, but even if you choose not too you can still continue with your new online business & still get help as & when you need it.
You are never alone that's the fantastic part I think.
Click here to see the site & sign up for a free account. Even if you do nothing else, I would strongly recommend taking a look.
I honestly don't believe you will get a better platform to teach you how to make money online.
Take care, stay safe & enjoy,
Richard
Tuesday, 7 July 2015
10 Steps to a Successful Affiliate Marketing Strategy
The landscape for affiliate marketers has changed significantly over the past year.
From tighter legislation for affiliates, to Google cracking down on thin affiliate content, and a general increase in competition on the web, it’s becoming increasingly difficult for affiliate marketers to get ahead in the game.
Despite this, many smart individuals and companies continue to generate millions by staying one step ahead of the rest.
So, what is it that affiliate marketers need to do to succeed in 2015 and beyond?
1. Go one inch wide and one mile deep
Many first-time affiliate marketers make the mistake of going one mile wide and one inch deep: trying to dominate forty niches in their first few years.
When you hear about friends making millions from Clickbank products, and marketing products in emerging niches, it can be tough to stay focused.
The price for losing focus, though, is having a portfolio of 21 websites in random niches all with a pitiful domain authority generating next to nothing in sales.
By all means, experiment with different niches once you’ve achieved a level of success you’re happy with on your first website, but to begin with go one inch wide and a mile deep.
2. Create content that your competition can’t compete with
One of the biggest challenges facing affiliate marketers right now is the need to prove their value as middlemen in the value chain.
One of the biggest advantages affiliates have over established brands, and one of the greatest opportunities to add value, is the ability to be agile and act quickly with content marketing.
While brands spend months approving their content strategy and holding fruitless meetings, affiliates can be creating content of such a high standard, that competitors simply won’t have the resources to compete with, and Google would be foolish not to drive traffic to.
This is the strategy that we’ve adopted for most of our affiliate marketing sites at Venture Harbour.
Take Qosy for example. Every 4-6 weeks, Qosy publishes a 3,000 – 8,000 word guide educating readers on tough buying decisions, such as how to choose the best scotch or an engagement ring. While not all of these posts contain affiliate links, affiliate links are often added if a site we’d be recommending anyway has an affiliate program.
It’d be hard for Google to argue with this content not adding value. After all, some of the guides have received close to 10,000 shares and have been used by the brands themselves to educate their own customers. Generally speaking, each guide takes about 40-50 hours to produce, and is benchmarked to beat the best existing piece of content on the topic in virtually every aspect (from design and share-ability, to page speed and on-page SEO).
Over the next year I think we’ll see more and more affiliates adopt this kind of strategy.
3. Build a brand that adds value to the consumer
It’s no surprise that Google’s brand-bias is strengthening. For many affiliates, this is quite a concern, as affiliates haven’t traditionally had to concern themselves with building a strong brand.
When you look at the leading sites in insurance, travel, property, personal finance, and homeware, it’s interesting to note that many of these sites are affiliate sites. They’re also strong brands.
Moneysupermarket, Agoda, Houzz, Which, LastMinute.com, and Compare.com are all ultra-successful affiliate sites due to the strength of their brands, their editorial integrity, and the value they offer consumers.
Over time, affiliate marketers will find it increasingly difficult to succeed without a brand that user’s trust, so consider what you’re doing to develop the brand of your affiliate website.
4. Build a foundation of recurring affiliate revenue
With affiliate marketing, there is no assurance that your current strategy will work in a month’s time. Whether it’s due to Google updating their ranking algorithm, your favourite affiliate program shutting down, or media buying costs increasing, you’d be wise to mitigate against the possibility of major changes.
There are two very effective ways to do this: diversification and by building your recurring revenue.
I’ll talk about traffic diversification in a moment, but let’s first talk about recurring revenue.
Most affiliate marketers focus on one-time payouts, which is generally smart as, due to inflation and the ability to earn interest, $100 today is worth more than $10 per month over 10 months.
The problem is that one-time payouts don’t protect you against major changes in your strategy. That’s why I recommend building up a portion of your affiliate revenue in recurring revenue.
Obviously, the feasibility of this approach depends on your niche and what products are available to promote. If the option is available, I’d highly recommend building a foundation of recurring affiliate income so that you peace of mind that no matter what happens you still receive a certain amount per month for the foreseeable future.
5. Don’t rely on a single traffic source
In February 2011, many successful affiliate woke up to find that they’re probably going to go out of business in a matter of weeks or months, no thanks to Google releasing the initial panda update.
The same thing happened again when Google launched the Penguin update in April 2012.
It’s happening to brands who’ve built up organic Facebook Page audiences, and it’s going to happen time and time again across many third-party platforms whose business model revolves around selling eyeballs.
Some of the people hit by these updates were good friends and clients, which is why I’ve been preaching about diversification of traffic ever since.
Ideally, you should own your audience – not rent it. If you absolutely have to rent it, rent it from multiple sources.
6. Be prepared for mobile
In November 2014, mobile accounted for 46% of all affiliate clicks and 26% of all affiliate retail sales. How does this affect the individual affiliate?
For one, if you’re directing traffic to sites that aren’t mobile friendly, you’re probably losing a lot of potential commissions.
Google have also started to send some rather blatant nudges to webmasters that their websites should be mobile friendly. In November, they launched a mobile-friendliness checker and began experimenting with displaying whether a page is mobile-friendly or not in search results.
So, having a mobile-friendly site could become a good strategy for outranking your non-mobile friendly competitors in the search results.
Another consideration is that with more people using and purchasing from mobile devices, certain niches, products, and search criteria will rise in popularity, and can be capitalised on by forward-thinking affiliates.
Needless to say, if you’re not prepared for mobile, you’re preparing to be left behind.
7. Get in front of breakout and seasonal trends
Affiliate marketers have been taking advantage of trends for a long time. Yet, new trends continue to breakout, creating hundreds of new weird and wonderful multi-million dollar niches every year.
So, how can you find out what trends are likely to emerge in 2015?
The first differentiation to make is between seasonal and breakout trends. Seasonal trends are recurring, and often predictable, peaks in popularity that you can prepare for in advance.
Google Trends is your best friend for identifying seasonal trends. While you can just type in a keyword to see how it’s search volume fluctuates throughout the year, you can also use the category functionality to find seasonal trends in specific industries.
Breakout trends are much harder to predict. From electronic cigarettes and online TV, to selfie sticks and cinnamon flavoured whisky, even the most experienced industry experts often have a hard time predicting as far as six months into the future of their industry.
Regardless, reading the predictions of experts in your industry is a good place to start. If you want to know what products might be worth promoting in the travel industry in 2015, for example, you might want to experiment with search queries like:
You could even try to predict which countries are about to increase in popularity, and begin promoting hotels, flights, and other products that might help people traveling to that area.
Finally, there are a lot of great websites like TrendWatching.com that can help you estimate where the World is heading. Ultimately, though, knowing what’s around the corner comes down to having an acute awareness of what’s being talked about and piquing people’s curiosity in your industry.
8. Promote products that raise your affiliate income by an order of magnitude
When I began affiliate marketing, I promoted products ranging from $0.10 commissions to $100 commissions. It soon became clear that, while having a large volume of low commission sales can create a solid foundation for your affiliate revenue, true growth comes from high commission sales.
My strategy for growing affiliate sites has always been to find products that add value to the site’s readers, and that also have the potential to increase the site’s revenue by an order of magnitude.
If you’re currently generating $1k per month, what products will get you to $10k? If you’re at $10k, what do you need to do to get to $100k?
The answer is usually quite simple: you have to add an extra zero onto the size of your commissions or the amount of traffic you send to publishers. More often than not, this requires a refocus on which products you promote.
9. Focus on topic targeting, not keyword targeting
Google’s attempt to reduce the SEO community’s focus on keyword targeting hasn’t exactly been subtle.
From removing keyword data in Google Analytics and exact-match keyword targeting in Google Adwords, to improving their understanding of similar terms, it’s becoming harder for digital marketers to target individual keywords.
While on the surface this may seem like bad news, it’s arguably a blessing in disguise as it encourages a shift towards topic-targeting, and a focus on capturing long tail traffic.
Instead of trying to rank your content for ‘best gardening tools’, you might instead focus on creating an in-depth piece of content on the topic of gardening tools that helped gardeners choose the right tools for their garden.
By taking this approach, it doesn’t matter whether you rank for ‘best gardening tools’. What matters is the aggregate amount of relevant long-tail traffic you receive to the content.
10. Experiment with unusual content formats for recommending products
A few years ago I heard the story of how an app developer tried to download the Amazon app to make a purchase from his phone, only to realise Amazon didn’t have an app.
He developed an unofficial Amazon app, which was effectively just an app that displayed their website in an iframe. Of course, every single product included his affiliate link – so he earned 5-8% of every sale bought through the app.
Because Amazon didn’t have an official app, his app became extremely popular, making him a very, very, rich man.
I wanted to end on this point to get your creative juices flowing. Most affiliate marketers do the same old thing in a different niche, when the biggest rewards are usually reserved for those doing the exact opposite.
In 2012, I created WhatIsMyComfortZone.com (a calculator that measures the size of a persons comfort zone). Essentially, it works by filling out a survey on what challenges you’d be willing to overcome, and then it spits out a breakdown of how your score compares with other users, along with a few recommendations.
If a user said they wanted to skydive, their results page would include a link to book a skydive. While I never expected to earn anything from these (what’s the likelihood of someone impulse booking a skydive?), I decided there was no harm in making these links affiliate links.
To my surprise, I checked my AffiliateWindow account after 12 months, and what do you know, a bunch of people did impulse buy a skydive, earning a $40 commission per sale.
While a few skydiving referrals hardly made me rich, these two stories will hopefully give you some ideas about alternative formats for affiliate marketing.
Imagine if, instead of writing another 1,000-word review on the top 10 products in your niche, you developed a calculator or a quiz that used a series of criteria to automatically redirect them to the product that’s best suited for them?
Above all else, 2015 is going to be a year where affiliates need to get creative, outthink the competition, and really prove their worth in the value chain.
What are you doing to make that happen?
Subscribe to:
Posts (Atom)