5 - Attract High-Quality Traffic
High-quality traffic simply means traffic with a high probability of conversion. Or more precisely, the right traffic for the product you're promoting.
Nothing beats the frustration of having over 10,000 leads without a single conversion. If you've been there before, you will agree with me that it's the wrong side of the fence to be.
So how do you escape this nebulous situation?
You do by making sure that the right and only the right traffic is attracted to your site, or whatever platform you have chosen to drive your promotions through.
Create quality content that addresses the questions in the minds of your audience and eases their pain points. That's a great way to start sifting through the internet for the right traffic.
Target your blog posts, email subscribers, social media ad campaigns, and everything connected to your affiliate business.
Conclusion
Affiliate marketing is one of the viable online businesses that can help you achieve your financial goals.
Perhaps you've been in business for quite some time now without much success! Even if you've been having a ball in your affiliate marketing business, there's still room for growth, more affiliate sales, higher commissions, recurring commissions, and more traffic flooding your site.
What you need is to deploy these 5 hacks that I have so graciously stated in this post. They provide insights that you could start acting on right away.
Let me reemphasize what I said earlier on – these hacks require a consistent application to deliver the best results.
Affiliate marketing has been a primary income stream for some, and it could be yours also if you give your business a little more push.
Most two-tier programs pay only a pittance on the referred sales of someone else.
However most affiliate networks have referral programs. I can share that on Awin.com and ShareASale.com, you earn a $30 commission for each referred publisher, when that referred publisher earns their first commission payout.
It could take forever to earn $30 from two-tiered programs, so perhaps consider network referral programs as well!
People are more like to impulse buy something which is less expensive. Buying something more high priced requires thought, consideration and research. You need to provide a lot more information about high-priced products with big commissions. Unless you are the most knowledgeable person online about a topic, chances are very good that prospects will check out other sites, which means your cookie could easily be overridden. Best to not pursue those products unless you really know that topic. People purchasing expensive items will not settle for a book report of information. Kyle actually discussed this here: The Ethical & Unethical Faces of High Ticket Affiliate Marketing. That being said, I think you bring up an excellent point about studying the programs you choose. Commission isn't the only factor - conversion rate is just as important. As you discussed 10,000 leads without a conversion is frustrating! But it may not only be your traffic quality - it could be the conversion rate of the site you are pointing to. Always make sure to check the EPC on a program to ensure that customers actually buy there!