Connect with us

AFFILIATE MARKETING

Earn Your First $100 With Affiliate Marketing in 24 Hours (New Method) | by Richard Appiah | ILLUMINATION | Feb, 2023

Published

on

Earn Your First $100 With Affiliate Marketing in 24 Hours (New Method) | by Richard Appiah | ILLUMINATION | Feb, 2023

Photo by Sam Carter on Unsplash

Source link

Keep an eye on what we are doing
Be the first to get latest updates and exclusive content straight to your email inbox.
We promise not to spam you. You can unsubscribe at any time.
Invalid email address

AFFILIATE MARKETING

How to Make Money on Pinterest

Published

on

How to Make Money on Pinterest.

Some influencers make tons of money on Instagram and TikTok, but a truly hidden gem of a platform that has the potential to generate tons of passive income is Pinterest (NYSE: PINS). Many think that Pinterest is just a platform for wedding planning and home décor, when it actually offers a great opportunity because it has around 500 million monthly active users, meaning that whatever you post on it could be seen by millions. Here’s how to make money on Pinterest by leveraging its vast userbase to your advantage.

Creating a Website

Before you start thinking about how to make money on Pinterest, you need to take a look at the pins of anyone who makes money on the platform, like any popular Pinterest influencer. Most of the pins direct people who click on them to a specific website, so if you want to make money on Pinterest, you have to have a website of your own. Creating your own website isn’t a hard thing to do, since you can use websites like Canva.com or Hostinger.com to create a website, but they aren’t your only options as there are many platforms that you can find easily by googling “create a website” and use to create a website that you can use to publish articles that’ll link to your Pinterest posts.

Finding a Niche

You need to figure out what type of content you want to create, because that’s what your website and your Pinterest blog will revolve around. Try to find a niche that people are interested in, but don’t go for something that’s overly saturated on Pinterest, like fashion or home décor. It’d also help you a lot if that niche is something you’re passionate about, so you don’t get bored easily and give up on creating content for it, but instead go on to treat the money you make from it as an extra bonus to posting about something you love.

Creating a Professional Pinterest Account

You need to create a professional Pinterest account. It costs nothing to upgrade your account from a normal account to a professional one, but having a professional account helps you with a variety of things like viewing analytics and managing ads, so it’s definitely the way to go if you want to make money on the platform.

Creating Boards

After creating your account, you’ll need to open Pinterest and start creating boards, and make sure they’re boards that people can actually search for. Most of the time, people using Pinterest will search for boards, so your chances of getting more visitors will be higher if you create a lot of boards. But, don’t go all in at once and create hundreds of boards with thousands of pins, because this can be a red flag to Pinterest and the platform might think that you’re spamming and end up hiding your posts. Ideally, you want a dozen different boards, with each of them having 20 to 30 pins.

Advertisement

Boards are also extremely useful because they will help increase the number of visitors to your Pinterest blog because you can add to them other people’s posts, so you’d get the combined traffic from multiple people’s Pinterest accounts. If you’re wondering how you can find a name for your board that would get clicks, you can simply use the Pinterest search bar to see what people are already looking for. For example, if your Pinterest blog revolves around cooking, you can simply look up “cooking” and you’ll see results like “cooking for one” or “cooking recipes” and that makes it easy for you to know what keywords to include because that’s what people are searching for.

Creating Pins

You should learn to create pinnable images that people are going to actually click on. It’s important to understand that Pinterest works in the same way as Google (NASDAQ: GOOG), meaning that the first pins that come up when you search for something are the top ranking ones, so you’d need to create a pin that’s similar to the top ranking ones. By looking at the popular pins, you’d see what words and colors work well and then you can include them in your pictures when you’re editing them. You can edit and design pins on Canva for free, and Canva even has multiple Pinterest layouts for you to edit and use, so you can easily create attractive Pinterest pins without needing to be an expert graphic designer.

A good tip for creating pins is to save them, after you’re done with the design and edits, with the keyword of the group board, because this will help it rank better in Pinterest, and reach your intended target audience. For example, if you create a picture about a cooking recipe and you want to add it to your cooking recipes board, you should save the picture as “cooking recipes”. Then, you can post that picture to your Pinterest blog, but don’t forget to add in a bunch of keywords so more people can find your post, link the article about the pin from your website to it, and to also add your post to the right board.

How to Make Money on Pinterest

There are two ways to make money on Pinterest, and both of them require you to grow your views to something around a couple of thousand views per month, because having a lot of views may result in people clicking on your pins and actually going to your website, and that’s where all the magic happens.

Running Ads on Your Website

Once your website gets enough visitors, you can go to the Google AdSense website and sign up to allow Google to run ads on your website, which can give you anywhere from $50 to $100 per month if you have around 10,000 viewers per month, or even more, depending on how many people visit your website. Aside from Google, another website that can run ads on your website for you is called Media.net.

While this amount of money might not seem like a lot of money, but think about it this way, if you’re already doing Pinterest and you love using the platform, you can just link your own website to each pin you already post for free, but actually get paid by allowing businesses to run ads on it. Not only that, but once you hit around 25,000 views per month, you can sign up on Mediavine.com, which could help you get better deals when it comes to making more money with the ads that run on your website. Additionally, the income you earn from Pinterest can eventually turn into passive income as your website and Pinterest blog grow, because they will remain online forever for people to see and click on, even if you decide to stop posting on them.

Advertisement

Pinterest Affiliate Marketing

Running ads is just one way of earning money through Pinterest, and it’s the more passive one. But, if you want to earn more money, and have more time to invest into growing your Pinterest blog and website, then you should do Pinterest affiliate marketing. With affiliate marketing, you basically partner up with companies, allowing them to give you unique referral links to their products that you can share with people, and if those people use your link to buy the products, you get a commission on that sale.

There’s a lot of money to make in it because you can promote multiple products and join multiple affiliate programs for free, and you don’t have to enter an exclusive agreement with just one company, which diversifies your affiliate marketing revenue streams. As for how you’d get paid, different companies have different types of commissions. For example, some companies might just give you $50 for every purchase someone makes through your referral link, while others might give you something like 10% of the sale.

A great tip for starting Pinterest affiliate marketing is that you should start thinking of products that are related to your niche and you want to promote, before you even start creating the content, so you’re able to build the content around the products. The easiest way to get started with affiliate marketing is through joining the Amazon Associates program, which allows you to create affiliate links for any product that’s being sold on Amazon (NASDAQ: AMZN), and you can get a commission of around 10% when people use your link to buy it within 24 hours of clicking on the link.

Keep in mind that you need to have your own website and personal brand to apply for the program, as Amazon would need to know that you’re legit and won’t just spam the link everywhere, and where you’re promoting the products. If the product you want to promote isn’t on Amazon, you can simply google the name of the product or the company that makes it, followed by affiliate program, and you might be able to find an affiliate program for it. In fact, a lot of affiliate marketers prefer to work with the companies directly, rather than Amazon’s program, because commissions can be higher this way.

Once you’ve found the product you want to promote, you can create content around it and post it on your website, and you can put your affiliate links in the website posts, then link the posts to your Pinterest pins. Even better, you can directly put your affiliate link in the description of the Pinterest pin, which could increase the chances of people clicking on it.

The Bottom Line

It’s important to note that while these two methods of making money on Pinterest can help you make a lot of money in passive income, they’re not really passive at first, since you’d need to invest a lot of time into growing your blog and your Pinterest account. In other words, don’t expect this to make you a millionaire in two weeks, but be patient and stay committed to growing your Pinterest presence, then you can hire someone to do all the work for you, and turn the income you make from Pinterest into a true passive income.

Advertisement

Disclaimer

Please visit and read our disclaimer here.

Everything Else…



Source link

Keep an eye on what we are doing
Be the first to get latest updates and exclusive content straight to your email inbox.
We promise not to spam you. You can unsubscribe at any time.
Invalid email address
Continue Reading

AFFILIATE MARKETING

The future of affiliate marketing in a crumbling cookie world, ET BrandEquity

Published

on

The future of affiliate marketing in a crumbling cookie world, ET BrandEquity

Image used for representative purpose (iStock)

Ratan Tata backed company Earnkaro is a website that offers users an opportunity to earn an income via affiliate marketing. With the third party cookie crumbling, Earnkaro is adopting local storage, a technology that stores data directly in the user’s browser. Local storage uses the capabilities of a user’s browser, to establish tracking mechanisms. This technique involves storing data on the user’s device to track interactions and transactions, operating independently from traditional cookie-based systems. It enables Earnkaro to accurately track when a transaction leads to cash flow to a partner site, by storing information about the transaction directly on the user’s device. Essentially in a browser, there are three types of storage – localStorage, sessionStorage and cookies. This is where first party, second party and third party data come from. Earnkaro also uses a technology called server to server integration – which it already has in place with its partner sites like Myntra, Nykaa and Flipkart.

“As we transition away from using cookies, we’re adopting a method known as server-to-server integration. Instead of relying on cookies to track purchases and activity, we monitor these transactions through a session that’s saved on the retailer’s server. Once a purchase is made, the transaction details are tracked and shared directly with the affiliates from the server, eliminating the need for third-party data sources,” says Rohan Bhargava, co-founder of Earnkaro and Cashkaro.

Earnkaro is 60% into implementing these technologies to prepare for a world where the third party cookie has crumbled. The main reason a cookie was needed is to solve for the challenge of marketing attribution challenge. Everytime someone visits a web link from a certain source, the cookie captures the source of traffic.

Addressing the attribution challenges in the absence of third-party cookies, Pradeep Kumaar, the CEO of NP Digital India, mentions the viability of contextual advertising and new tools like Google Fledge as potential alternatives for tracking engagement and behavior. “Contextual advertising and technologies like Google Fledge represent a new frontier for tracking user engagement in a privacy-conscious world,” he says.

Advertisement

What needs to happen at a technology level, for affiliate marketing to carry on smoothly is that the cookie needs to be replaced. “If anybody carries out a transaction, when the pixel fires right at the transaction stage, you identify who is the last click attribution – who’s the person with the last cookie. Obviously with the world we’re moving to, you can’t store third party cookies. We’re using local storage instead of the cookie for last click attribution,” says Bhargava.

Bhargava explains that another alternative is using a Mobile Measurement Partner (MMP), such as Branch or AppsFlyer, which is used to determine where a user’s last interaction came from before making a transaction, whether it’s Google, Facebook, or another source. MMPs are crucial for advertising in an in-app environment where cookies aren’t used. As we move towards a world without cookies, brands are incorporating MMPs’ software tools, known as SDKs (Software Development Kits), into their websites. SDKs provide the necessary tools to integrate with these MMPs, offering a unified view of where traffic is coming from. This approach ensures a consistent source of information, avoiding discrepancies between different data sources. According to Bhargava, using these technologies, the affiliate industry can smoothly transition to operating without cookies.

The world of affiliate marketing is bracing for a significant shift as Google prepares to phase out third-party cookies from its Chrome web browser by the third quarter of 2024. On January 04 2024, Google Chrome began its phase out of third party cookies from its browser to 1% of its users. With the removal of these cookies, marketers will need to find alternative ways to gather user data for targeted advertising and personalisation. For affiliates, who generally work on a ‘pay per performance basis’ – the challenge lies in tracking user journeys from an affiliate link to a purchase, which could potentially affect the accuracy of attributing sales to the correct affiliate.

The phase out of the third party cookie is largely driven by growing user concerns around privacy as well as regulations passed by other countries such as General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA). GDPR was passed in the European Union in May 2018. Under this regulation, websites cannot store third party cookies without user consent. CCPA was passed in the same year and it mandates that websites must offer an opt-out option for users regarding cookies that sell personal information.

30% of Paisabazaar’s business comes from its affiliate marketing efforts, but Sachin Vashishtha, the chief marketing officer at Paisabazaar is not worried. “Affiliate marketing makes up a small part of our media mix spending. However, it’s worth noting that affiliates that rely on third party tools to capture convergence would be in trouble, with the demise of third party cookies, these tools would face challenges and so would affiliate marketers who use these tools,” he says.

Paisabazaar relies on first party cookies and data and does not encourage the use of third party tools. Vashishtha also mentions that Paisabazaar has server side attribution in place. Affiliate marketing campaigns for the brand are only limited to a few channels like email marketing.

Advertisement

“We are anyway advertising on platforms like Google and Facebook and that’s why we discourage affiliate campaigns on those platforms,” he says. He emphasises that in general, the brand’s reduced dependence on third party cookies and data means it will not be affected overall by the cookie phase out. He also stresses the importance of investing in robust data architecture and having a good CDP in place to try and capture as much data as possible using first party cookies. These platforms help create unified customer profiles from direct interactions, significantly reducing the dependency on third-party data.

In a world moving away from third-party cookies, affiliate marketers must explore fresh avenues for partnership with influencers and content creators. With influencers also dabbling in affiliate marketin, adapting strategies to maintain these collaborations becomes essential. “Most social media users are creators and influencers who focus on first party data. They can directly present to their audiences about a brand and can share the link and affiliates and marketers can make use of the data from that link,” says Kumaar.

Publishers will also have to figure out ways of diversifying traffic sources in the new cookie-less environment and according to Kumaar, the only way to do this is by creating more interactive and engaging content. Consent based marketing which builds trust between the consumer and the brand is the way forward as the third party cookie crumbles.

Kumaar also underscores the potential of deep learning and AI in maintaining hyper-personalised targeting capabilities through contextual advertising, similar to the precision previously enabled by third-party cookies. This advancement is beneficial for advertisers by facilitating more accurate campaign planning and audience targeting based on consumer behavior insights. “The integration of deep learning and AI with contextual advertising brings us closer to achieving the level of personalisation we had with third-party cookies,” Kumaar remarks.

  • Published On Mar 15, 2024 at 08:14 AM IST

Advertisement

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Download ETBrandEquity App

  • Get Realtime updates
  • Save your favourite articles

Scan to download App
The future of affiliate marketing in a crumbling cookie world

Advertisement

Source link

Keep an eye on what we are doing
Be the first to get latest updates and exclusive content straight to your email inbox.
We promise not to spam you. You can unsubscribe at any time.
Invalid email address
Continue Reading

AFFILIATE MARKETING

Which Video Site Is Best To Make Money?

Published

on

Which Video Site Is Best To Make Money?

If you’re curious about the differences between YouTube vs. Rumble – such as which will bring you the most ad revenue as a video content creator, you should definitely keep reading! In this comparison breakdown, we’ll discuss:

  • The pros and cons of the two platforms
  • Comparisons of ad revenue
  • Audience size
  • User interface
  • And more

So, let’s determine which online video-sharing platform will be best for you as a creator in the online video industry.

YouTube vs. Rumble: Comparing Ad Revenue

The main difference between Rumble and YouTube is how they monetize their content. This dramatically impacts potential earnings for creators. We compare Rumble vs. YouTube advertising revenue below.

YouTube Monetization

YouTube’s Partner Program is how creators monetize their content and earn money on the platform. Unlike Rumble, YouTube has video monetization requirements creators must meet before they can start earning money.

Before they will pay creators, YouTube makes their creators make and share videos without earning money from the ads they place in their videos. YouTube can place ads on your videos without you even being eligible for monetization. This is a point of contention for some creators.

Monetization requirements for joining the YouTube Partner Program include having:

Advertisement
  • 1,000 subscribers
  • 4,000 hours of watch time in the last 12 months or 10 million Shorts views in the last 90 days

Reaching 1,000 subscribers is the main hurdle creators face when trying to achieve YouTube monetization. This requirement sometimes deters new creators from continuing with this endeavor. Learning how to increase YouTube subscribers is a key part of creators’ journeys on the path to start earning money from their quality content.

Between the two platforms, YouTube has more monetization requirements than Rumble.

YouTube Partner Program

So, how does YouTube pay its creators?

The YouTube Partner Program will pay creators based on a revenue-sharing model.

Ads are served on your video content, and creators earn a percentage of the ad revenue. This monetization method means you could earn a lot of money as your videos gain popularity. After you start monetizing, earning YouTube passive income is a great way to earn more money as a creator.

Rumble Monetization Options

When learning how to make money on Rumble, creators are often surprised at the monetization options that are readily available to them.

Unlike YouTube, Rumble offers immediate monetization options for its creators. It doesn’t have subscriber or watch time requirements. Having this ability to immediately start monetizing your videos gives Rumble an advantage that other platforms don’t have.

Advertisement

Monetization opportunities are instantly available for Rumble creators.

You can earn money in several ways as part of the Rumble Partner Program. These include:

  • Rumble Player Revenue: Rumble also offers a revenue share model for its creators. Videos on Rumble earn money based on engagement, not only views. Creators will earn money based on comments, likes, shares, views, and more. The overall engagement on your video plays into the share of the advertising revenue you will receive.
  • Video Licensing Deals: Creators can also increase their earnings by receiving video licensing deals. If a third party licenses your videos, you earn a percentage of the licensing fee. Fees are based on the terms discussed in each licensing agreement.
  • Platform Partnerships: Rumble partners with other high-traffic websites and large companies, including Yahoo, Xbox, MSN, and more. When your videos are syndicated through these platforms, creators will earn a percentage of the revenue from these deals.
  • YouTube Monetization: That’s right, Rumble has a channel on YouTube. Rumble will feature its creators on their YouTube channel. If your videos are featured, you will earn a cut from the ad revenue your video generated.

While YouTube monetization is limited to revenue share, Rumble offers its creators many more options. The additional monetization opportunities also present unique options for creators to feel like they have full control over their income streams.

When deciding between Rumble and YouTube, their vastly different monetization methods are the main factors to consider. The additional effort in reaching 1,000 subscribers can pay off in the long run for successful YouTube creators. But, the hard work required to reach 1,000 subscribers can feel daunting.

What are the Rumble and YouTube differences when it comes to user experience?

YouTube User Experience

Since the platform has been around since 2005, many of its users have been consuming content on the platform for a very long time.

It’s undeniable that YouTube has played a key role throughout the history of vlogging. For many people with a free account, YouTube is the video platform where they watch a variety of videos during both their childhood and adulthood.

Advertisement

This storied history means many users already have a deep familiarity and comfort with the platform. Going to YouTube’s website to watch video content is likely second nature to many people. On the other hand, migrating to a new platform like Rumble can take a mindset shift for viewers.

Combined with a user interface that’s easy to navigate, YouTube offers a user-friendly experience.

youtube vs rumble

Additionally, YouTube offers faster server speeds than Rumble. With such a powerhouse parent company (Google), it’s nearly impossible to beat YouTube’s server speeds.

Additional Social Options

YouTube also offers other ways for creators to connect with their audiences. Additional social aspects of the platform include:

  • Shorts: An alternative to TikTok, YouTube Shorts are 60-second videos designed to drive traffic to your long-form videos.
  • Posts: Creators can post short-form content and pictures directly to their subscribers. This feature is great for teasing upcoming content, alerting subscribers to new videos, and making channel announcements.

These additional features give creators unique ways to drive more traffic to their videos and easily communicate with their subscribers.

Rumble User Experience

Rumble also offers a user-friendly experience for its creators and viewers.

Watching videos on Rumble and YouTube is a very similar experience. The user interface appears to be almost the same as YouTube. The YouTube similarities are striking.

youtube vs rumbleyoutube vs rumble

Additionally, Rumble operates on their own server. While this does translate to slower server speeds, they can still provide a great user experience when hosting live streams. This is imperative for gamers and other types of influencers. If live streams are a major part of your content strategy, Rumble could be a great platform for you to try.

Rumble also takes additional measures to help creators target their audience. This includes customized tags and a streamlined process to upload videos. If audience targeting and an easy upload process are important to you, Rumble could be your platform.

Advertisement

YouTube vs. Rumble: Comparing Audiences

How do audience size and engagement compare Rumble and YouTube? This is a major part of deciding which platform to upload videos to and spend your precious time on.

Audiences on YouTube

One of the key differences when comparing YouTube vs Rumble is the audience size on each video platform. When you look at the most visited websites worldwide, YouTube consistently ranks in the top two positions.

YouTube has a vast user base with billions of users on its video platform. When comparing YouTube vs Rumble, YouTube remains superior regarding user base size and monthly active users.

Viewership on Rumble

Rumble has a significantly smaller user base than YouTube. However, this can entice new creators because they can grow on the platform. After all, it becomes too big. The earlier you join new video platforms. You can become one of those larger creators because there’s less competition.

The platform’s main goal is to lift up smaller and newer creators with an edgy or alternative viewpoint. The platform likes content that goes against mainstream opinions and views. This can potentially translate into a viewership that’s looking for a specific type of content that may or may not align with what you’re creating.

One of the best parts of Rumble being a newer platform is that you can upload your existing YouTube content and earn money immediately. If you want to earn more money as a creator, this is a great option.

Advertisement

Comparing the Pros and Cons of Rumble vs. YouTube

We break down the key differences to consider when comparing Rumble vs. YouTube below.

YouTube Pros and Cons

Pros: