Most newbies in affiliate marketing make the mistake of registering with too many affiliate programs and try promoting everything they see. If this is the path you are treading, then it will overwhelm you and you won’t promote the products properly. Take time to understand the needs in the market and search for products that will go well with your site’s topic.
You have to be at least 16 to use Freelancer.com. Those under 18 need to use an adult’s account. With a free membership plan, you can bid on eight paid assignments per month. The site charges a 10% or $5 fee, whichever is greater, if you are awarded a fixed-price project. There’s also a transaction fee of 2.3% plus 30 cents if you get paid via credit card, PayPal or Skrill.
Now, I know what you’re thinking. Most of the software and apps you use on a regular basis are made by massive companies or established development studios. Well, yes. But many successful apps, particularly those in the Apple and Google stores, are created and marketed by individuals and small businesses. In fact, independent developers made $20 billion in the App Store in 2016 alone.
From there, results vary over time. Successful affiliate sites are updated regularly, have a clear focus that excites visitors, provide lots of useful content, and many affiliates find the their highest referrals when they invest in advertising as well. I generally write one 1,000 word article per day (minimum of 5 per week) on new sites and it usually takes at least 6 months before I earn my first cent. Most of my sites don’t start earning the ‘job quitting income’ until a couple years after I start them. You can learn more about how long it takes to succeed in affiliate marketing here.
Consult on social media: If your savvy with a number of social media platforms and know what it takes to gain followers and get posts noticed, consider selling your services to small businesses and organizations. To find out what’s involved in doing social media consulting work see: Become a Social Media Consultant, a 12-Step Guide and What to Charge for Social Media Work.
Of course you want affiliates with high commissions, but they should also have a solid reputation with high conversions and low reversal rates (you get $0 if people cancel after signing up). If they’re part of an affiliate marketplace like ShareASale or ClickBank you can see some numbers there. Companies likes Amazon/SiteGround are safe bets, otherwise do your research (or track your affiliate links so you can monitor their performance). Avoid affiliates offering huge commissions since this probably means they’re struggling to acquire/retain customers naturally. This will hurt your numbers (specifically your conversions/reversal rates).