As far as the entry barrier is concerned, it’s one of the lowest in any market. You can get started for less than $50 if you want to. However, while the entry barrier is low, some businesses (especially big ones like Wal-Mart) will not accept your applications because they have enough affiliates on board. But I believe with patience and some effort; you can get in if you try.
Promoting affiliate products is the only way you will make money online for a certain time to come, at least till Google gets off of its current state of confusion caused by many factors like Panda and Penguin updates, too many advertisers flooding Adwords, Facebook spamming newsfeed, etc. By promoting affiliate products by PPC marketing, you can make money even when Google Adsense is banning your site again and again.
You have a website about jewelry, and you sign up for affiliate programs from different brands. You create articles related to free shipping, sales, and discounts which will be the main keywords people might use when searching for your content online.
You take out ads from those brands that offer good products with high commissions and strategically place them on your site so visitors can find all the information they need in one place. This will create a lot of value for them, and since your site is related to jewelry, people might click on those ads more often than not.
If you manage to get 300 visitors per day who are motivated enough to click on ads, then you’re already making $30 per day! Of course, this depends on the commission percentage you are getting from each sale. And keep in mind that this is not a one-time thing! As long as people search for jewelry on Google, you will get paid repeatedly.
This business model of affiliate marketing works best when you have already established your site or blog. You can’t just pop up with some ads one day and think it will help you make a lot of money without having quality content on your site first.
You can also use social media sites like Facebook to promote affiliate links for different products related to your niche market, but make sure there is value for the user before you do it. Add reviews, comparisons, and other content related to your niche market because that way, you can help them find the information they need.
It is always a good idea to use ad blockers when surfing online, but for this business model, it’s crucial! If someone uses an ad blocker, you won’t be able to display ads on your website or blog, which will greatly affect your income. You should keep track of the number of visitors who use ad blockers to adjust your bids accordingly so that you get higher exposure and get more clicks.
One thing you should also know about is something called negative keywords. These options allow you to choose what type of ads people will see on your site or blog. For example, if you promote dog shampoo, you can add the keyword “free” to your negative keywords. This way, people who search for free shampoo will not see your ads, and this is how you keep paid advertising costs low.
Also, make sure that when someone clicks on your ad, they land on a page with similar content to the ads they saw. For example, if someone clicks on an ad offering a free ebook, then make sure that upon clicking on it, they land on a page with the free ebook you are trying to promote! This way, you can offer more value to your visitors and increase your chance of making sales.