Affiliate marketing is an evergreen venture for making money, especially online. One of the major things that can make or mar one's efforts in doing affiliate marketing is the effectiveness of the strategy adopted. In this post, we will make a study of how Wisdom Speak was able to make over $500 in just three days with a single affiliate program.
Wisdom speaks is a successful affiliate marketer and YouTuber, and he has made 6 figures with his online ventures. He shared one of his strategies for making money online with affiliate marketing, and we are going to discuss it in this article.
This strategy relies on the power of Email Marketing, and it should be divided into two phases depending on your financial situation and your level of experience.
This is a screenshot of the Getresponse interface, which Wisdom speaks uses to run his online affiliate marketing business. It is an email marketing platform that can run completely on autopilot. Using Getresponse, emails are sent out to his email subscribers every day, promoting various products online that generate passive income.
According to wisdom speaks:
"Having an email list is one of the biggest assets to any online marketer. You need to have an email list so as to promote your products to all customers who subscribes to receiving emails from you. It is different to owning a big social media account where the accounts can be deleted at any time. Whereas with an email list, you have full ownership over the contacts, and you can message them as long as they stay signed up to your email list and they don't unsubscribe".
Where to Find Hot Affiliate Products
There are a few marketplaces you find products to promote as an affiliate, and one popular marketplace is ClickBank.
According to Wisdom speaks:
"A lot of the stuff on ClickBank is very outdated. So, if you are a beginner I highly recommend you stay away from ClickBank''.
It's not that you can't be successful with Clickbank in our view, but you have to know what you are doing with ClickBank to be successful. Clickbank is a very good tool, but you need to know how to use it very well.
The next Marketplace that you can go to find products is Digistore24 which most marketers rely on for making money.
Another good marketplace is Warriorplus, which is the marketplace Wisdom Speaks used for this case study. Its products have some of the highest conversion rates in the market, with some products even having 20% conversion rates, which is amazing given that the industry standard rate of conversion is 2%.
This is the Wisdom Speaks dashboard, and as you can see, this affiliate network is doing very well. The current balance is $502.30 USD, and there is a $8.27 pending payment.
How to Identify Hot Products to Promote on Digistore24
How do you identify a potentially profitable product now that we know where to get it? Before you can spot good deals, you must go through the pain of thoroughly checking their offers. A thorough examination of all offers allows you to learn about many products before deciding which to promote.
You will notice some of the hottest offers on the market right now, and the ones that appear on the top of the page are the good products you can promote. Another way to find hot products is to click the top product button, which will display all of the platform's best-performing products. If you look closely, you will notice that ebookMaker in the screenshot above has an incredible conversion rate of 20%, and the average sale you can make on this product is $25. We suggest that you select one of the top ten products on the list.
Another product on the list is "High Ticket Profit System" which is this case study's product.
Warrior Plus's affiliate link generation differs from ClickBank, where you can simply copy the link. You must request the link with Warrior Plus, and this is not difficult to accomplish.
When you request a product affiliate link, it is usually approved within five to ten minutes, so click request approval and fill in the reason you want to promote this product. If you have any experience as an affiliate marketer, please state it clearly to facilitate the approval of your product affiliate link. Most vendors will accept you if you use this simple technique we've described here.
If you think about it for a moment, you will realize that our choice o product is a product that most people will want to buy. The reason for this is that the publisher has proven that the product, which is essentially a money-making system, works. Additionally, the system operates through an automation system. That is, aside from setting up the system, you do not have to do anything else in order for money to start flowing in. As a result, it is suitable for almost all affiliate marketers, regardless of how busy they are. Finally, the product costs only $17 which is a reasonable price anyone can afford to purchase.
How to Promote your Affiliate Link Email Marketing
Assuming you do not have an email list and cannot quickly build one because it takes a lot of time and effort to build an email list, what you can do is leverage other people's email contact lists. To do so, go to a platform called SoloadsX.
On this platform, there are some professionals who have been building their email lists over time and they have buyers in a variety of niches. One advantage of this platform is that the lists are completely genuine. You can learn more about a list by checking the reviews that users of this platform's services have left. Most of the emails belong to real people who are potential customers. As a result, there is no need to be concerned about buying fake emails. You need to pay these marketers on the website to promote your product's affiliate link.
Essentially, you send them your message along with your affiliate link, and they will send an email broadcast to their contact list that will generate sales for you. You have two options here: either write the email yourself or have these professionals write the email for you; however, it is advised that you write the email yourself.
There are a lot of free resources you use for promotion. On Warriorplus, this is referred to as a JV page. Scroll down to see the promotional information and then click "view JV page" This will take you to a Google Document with useful tools to help you promote the product.
Most programs usually have email swipes that you can use, and one of the swipes written by paid professionals to sell this product is shown above. With these professionally curated resources, you have an advantage in marketing. All of the emails are designed to assist you in marketing the product and are guaranteed to work. Copy this email, including the subject line and body, return to the soloads, and send it to these marketers who will send out the emails. Of course, you must also provide them with your affiliate link.
There are various packages from which to choose. It will cost you $60 to get 100 visitors to your link, and regardless of what happens, the commission on one sale will be $38.69. As a result, only two sales are required to recoup the $60.
Finding the best marketer with the best email list quality is the best approach, and this marketer should have an email list in your Niche. For example, if we're promoting a high ticket profit system, we'll look for someone with an email list in the finance and make money online category. This is essential to ensuring that your message reaches the intended recipients.
Another great site that you can use is Udimi.
It is very similar to the first site, and there are many people on the platform who have email contact lists. One thing to keep in mind when using these sites is to do your research and ensure that these marketers are legitimate and have positive reviews. After that, send them one of the email swipes you obtained from the JV page.
How to Promote Your Affiliate Link for Free
Of course, not everyone has the financial means to use the SoloadsX method, so here is a free alternative. Go to Google and search for "free classified ads list without registration 2022". This will provide you with a list of websites where you can promote your offers for free. There are numerous websites where you can start running ads without signing up for their platform and get free traffic to your affiliate products. One example is Classifiedads. It is one of the most popular standard ad sites, and you can post ads for free.
Similarweb, another website that analyses all websites on the internet and tracks how many monthly visits they receive, shows that Classifiedads has a total monthly view of 890 565. This indicates that this is a very popular website.
The focal point of this strategy in this article is how to access active email lists when you do not have the time to build one. You can easily use other marketers' email lists to reach a large number of people in a short period of time.
Email marketing is a highly effective strategy for any online business, but the issue that marketers face is the inability to build an active email list. We have seen how to use Soloadsx or Udimi to leverage other people's email lists in this post, and you can also get free ad traffic from other free platforms, such as classified ads. It should be noted, however, that you must conduct due diligence to ensure that the list to which you are sending your affiliate offers is relevant to your area of business; otherwise, you will waste a lot of time and energy without making a decent income.
If you want to maximize your time spent on affiliate marketing but don't have the resources to hire email marketers, use a free but effective marketing strategy like the one used in this case study. If you want your efforts to pay off, you should try to reduce the cost of promoting your affiliate links.