Our World has Changed
Following the pandemic (COVID 19), a significant part of the world’s population is not only shopping online but relies on the internet for health-related information, global news, and digital entertainment. With most brick-and-mortar businesses closing down, new opportunities have emerged for affiliate marketers even during the crisis. Consumers are also seeking contactless shopping experiences out of fear of the coronavirus.
Since everyone is going digital, new trends have emerged in the affiliate marketing industry.
The high unemployment rates have forced people to look for new ways to make money online. But it’s almost impossible to earn online without a background in digital marketing. Webinars are effective in training new affiliate marketers on various aspects that include choosing a niche, starting a blog, finding new affiliate programs to join, and creating great content.
1. Webinars Have Become More Popular
There are lots of webinars that provide in-depth training on driving traffic, getting clicks, and converting them to sales. Affiliate marketers can also create webinars to educate their audiences on the benefits of using the products they are promoting.
2. Keyword Research Tools to Guide Content Development
The good thing about affiliate marketing is that you don’t need a huge budget to begin. Since you’ll be promoting someone else’s products for a commission, the secret is to put in the hours required to create the right content for your audience. Once you find the right niche, you need to embark on comprehensive keyword research.
Fortunately, there are lots of keyword research tools that can steer your content development process in the right direction. Focusing on trendy keywords can help you to make the most of your efforts rather than developing evergreen content.
Companies need proficient affiliate marketers. So, even if you’re on a shoestring budget, you can grow your business with high-quality content and rank well for various keywords.
3. Social Media Influencers Make a Great Impact
New affiliate marketers struggle to attract traffic if their websites aren’t interactive enough, or if their SEO doesn’t cut it at the highest level. But if you’re relying solely on SEO, your affiliate business will get nowhere near your goals. You’ll still need to market your content in the right way.
A social media influencer can help your content to reach the right audience.
Once you find an influencer in your niche, you’ll expose your products to thousands of followers on various social media platforms. Online sales are based on trust. Since influencers only recommend the products they use and trust, their endorsements can bring a lot to the table.
4. Customers Want More Video Content
Linking your content to videos has proven to be an effective way to increase conversions. For affiliates, converting a huge part of the audiences translates to more sales and commissions. One way to make your videos more engaging is to compare products.
Online customers inadvertently undertake cost-benefit analyses, so you’ll influence them to buy your affiliate products if you simplify these tasks. People can recall visual content better than text. Affiliate marketers should include as many product comparison videos as possible as they stick with the audience and lead to more conversions.
5. Voice Speeds up the Search Process
Keeping up with modern digital trends is a great way to succeed in affiliate marketing. Voice search has a great impact on referrals as it simplifies the search for products and facilitates direct purchases. If you’re promoting hundreds of similar products, searching through the vast listings can be daunting.
Customers can ask your voice app to suggest products and prices in various categories.
Since this technology is already on the rise, you list losing referrals if you don’t adapt quickly. Before prepping your affiliate site for voice command, determine the target audience that’s most likely to use it. By integrating such tools to their websites, affiliate marketers can get ahead of the competition.
6. Tracking Tools Help to Dig Through the Data
Tracking allows affiliates to determine which digital marketing strategies are generating the most traffic, clicks, and conversions. Most importantly, it provides a clear picture as to whether your affiliate marketing campaign is making headway or not.
It’s essential to identify your main source of revenue, clicks, and earnings per click.
Tracking tools also help you to make marketing decisions based on facts, not conjecture. If social media marketing is your main source of revenue, then you need to identify the networks that your target audiences use often. Such information helps you to position your brand in the right way and cement your digital presence.
7. Instagram Marketing Promotes Visual Content
Instagram is extremely helpful for affiliate marketers as it promotes visual content marketing. While product descriptions provide detailed information about various items, your potential customers still need to see them before making the buying decision.
Using images to convey visual information in an engaging format can help you to monetize your social media marketing strategies. From Amazon to Rakuten, almost every big player is on Instagram. It’s quite easy for your influencer to add affiliate links and provide followers with discount codes for various brands.
8. Chatbot to Streamline Inquiries
Most merchants are well established companies with product experts and world-class customer care departments. It means that affiliate marketers don’t necessarily have to answer technical questions or handle customer complaints.
But they still need an effective way to communicate to their customers. A Chatbot is an instant messaging system that acts as a support representative to answer repetitive questions. It can direct new customers to the landing pages or even help in the registration process.
9. Affiliate Management Platforms to Simplify Tasks
Due to the volatility that businesses have encountered in the past year, product diversification has become increasingly important. The hospitality and aviation industries have suffered major blows while the wellness and tech industries continue to thrive.
Entrepreneurs are now looking to trade in as many products as possible to safeguard their businesses against adverse market trends. But diversification means more workload, and business owners risk getting overwhelmed. Modern affiliate management software can help you to consolidate data, track referrals, detect fraud, and provide instant notifications whenever your attention is required.
10. Finance Management and Administration Tools
As you master the trade, you’ll realize that there are hundreds of networks that offer a wide range of affiliate marketing opportunities. If you end up working for several merchants, you might struggle to track sales and performance. You can either compromise and minimize the number of networks or invest in the finance management and administration tools.
Adding up figures from various affiliate sites is not only tiresome but boring. Once you sign up and create an account, it’s possible to add all your networks and manage them from a centralized location. Spend more time improving your website and increasing sales.
Keep Track of Affiliate Marketing Trends
The low cost of startup and the huge potential for growth provides affiliate marketers with great opportunities during the Covid 19 crisis. While this crisis seems to have changed everything for good, it’s wise to observe the trends and adapt quickly. The best strategy is to adopt the vast array of affiliate marketing automation tools and gather as much information as possible.