Is it a great time to launch a career in affiliate marketing during Covid-19? According to Mike Peters, founder of the Yomali group of companies, it just might be the new career you are looking for!
“Affiliate marketing can be a lucrative business with real financial stability, and there’s great growth potential because it’s a relatively unknown opportunity. It’s similar to starting an Amazon business but simplified because you’re selling others’ products instead of your own.” Read the article
How is Covid-19 affecting the affiliate industry?
Andrew DePietro, a contributor at Forbes provides some insight
“The impact of COVID-19 on the affiliate marketing industry is manifold. Rather than a straight-across-the-board negative impact, COVID-19’s effects on the industry are more complex. Here’s a look at some of the most critical ways COVID-19 is impacting the affiliate marketing space.” Read the article
The increase in consumers shopping online because of social isolating may be too much for Amazon?
According to the Verge and CNBCm as of April 21 “Amazon is planning to make dramatic cuts to commission rates for its affiliate marketing program, which allows media organizations, e-commerce companies, and small and independent businesses to receive a cut of revenue from a sale if a customer lands on the product page and purchases the item through a provided link.” Read the article
Brick and Mortar sales down? It might be time to get your online sales moving with a new affiliate program!
Similar Web has put together some tips for merchants looking to start an affiliate program. “Affiliate marketing is a very dynamic marketing strategy with several common approaches. This can make it difficult to know how, or where, to begin creating an affiliate program for your brand and products. This blog will help you increase your website traffic and sales by providing a breakdown of what affiliate marketing is, and how to find, empower and manage high-quality affiliates, as well as explore factors that need to be considered when defining goals for your affiliate program.” Read the blog post