Increase Your Affiliates Income!
Part 3 of our #backtoschool series, where we're going over 4 of the main income streams for bloggers! In this episode, we're going over all the things you need to know to start making money with affiliates. We cover: PPC vs PPA affiliates, how to find affiliate programs that have higher commission rates, and basics to get you started on your strategy for increasing your affiliate income.
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"Instead of categorizing things or putting things in little boxes, look at how can they all work together to create one awesome content plan for the entire week."
Discussed in this episode...
What are Affiliate Links?
Affiliate links are basically when you make a commission if an item is sold with your link or code. As far as payout goes, it is anywhere from a small percentage to a specified dollar amount for a certain product and really depends on the program. Some examples of popular affiliate programs are LiketoKnowit, Shopstyle, Amazon, and ShareASale. As far as how much you can make with these, the limit doesn't exist! We've said this before; we've seen bloggers with less than 20,000 page views, and less than 10,000 followers on social media, bringing in over $2,000 a month from affiliate links! We also know that bloggers with even larger followings, and with really great strategies are pulling in high six-figure salaries each year from affiliate links. It's mind-blowing!
2 Main Types of Affiliate Earnings
PPC (Pay Per Click)
Pay per click means that every time someone clicks your affiliate link, you earn a small commission.
PPA (Pay per acquisition)
Pay per acquisition means that every time someone makes a purchase, you earn a commission.
What type of affiliate links should I share?
Coincide current sales with what you're currently publishing and upcoming publishes
- Look at what you've got coming up, what's coming down the road and coincide. Maybe you know that the Nordstrom Anniversary Sale is coming up; whatever your niche is, you can plan different content around those sales. You can plan different pushes and promotions based on the sales that are coming up.
- Look at the content you have planned and see what products you want to share around that content
- Look at what is happening "seasonally" that you can kind of grab inspiration from.
- "Impulsive" shares // Sales. Maybe it's a recent Amazon purchase, or a recent Target find that you want to share.
- "Favorites" is a list of links that you can always refer to, put in a blog post, and send them to the blog post first. So they can see all the things you recommend without overwhelming them.
Also Discussed:
- Where should you share affiliate links?
Resources Mentioned
More about Bree Pair:
Bree Pair is a blogging coach and founder of Thrive - A blogging community built to empower and educate bloggers to make a full-time income by spending time on the right things. Her passion is helping bloggers create a strategy for growth and working with them on every side of their business to give them the confidence they need to be successful. Bree is propelled by the results of seeing bloggers go from overwhelmed to steady and sustained growth and creating the lifestyle they want.
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