A lot of people consider affiliate marketing as just another way to make money online. And while this is true, the most successful affiliate marketers consider their work a business. This thought can be incredibly intimidating to people. A business? A business requires a business plan, an accountant, employees, a storefront, and—as we know—many businesses fail within their first year. Well, if you want to have a successful affiliate marketing business, you better have a business plan, do market research, and learn what it takes to succeed online before you even get started. Don’t worry, you can get all the help you need with these free training videos.
Cost Per Acquisition is one of the ways in which we will all hear more campaigns being defined in the future. While it is just another word for whatever we have been talking about so far, this short series on CPA Affiliate Marketing will introduce you to the concepts of CPA and initiate you into learning more about this type of measurement. More details are available here.
A relative newcomer that was only founded in 2014, ConvertKit has taken the world of email marketing by storm. According to the company, they now have nearly 20,000 active customers of their email services. Their affiliate program works by paying existing customers a lifetime 30 percent commission for referrals that subsequently become ConvertKit customers or who sign up for ConvertKit webinars and other digital products.
You’ll want to capture users’ emails regularly, both when they purchase…and even before they become a customer. You can use lead magnets or discounts to incentivize email sign-ups and using an email management service like MailChimp allows you to create triggered autoresponders that will automatically send out pre-made welcome email campaigns when they subscribe.