Do you want to turn your online affiliate marketing business into a money-making machine?
In this blog, I’m going to share my picks of the best ‘must have’ tools for affiliate marketers that you can use to build a passive income stream.
The number one question, I get regularly is, s there an easy way to earn money with affiliate marketing? The short answer is no.
Affiliate marketing is the ideal source of passive income because it doesn’t require large initial investments and helps evade the pain of setting up your own business. As a matter of fact, affiliate marketers are paid to promote products and attract new customers.
Easy Money With Affiliate Marketing?
If easy means “money for nothing,” then no.
Forget all those stories you hear about how easy affiliate marketing is. Or how you can make money without doing anything at all.
But in terms of difficulty, affiliate marketing isn’t complicated. It just requires some work.
Like with any other business, success in affiliate marketing doesn’t come easy. Deep knowledge, detailed planning, and consistent effort are required to generate a significant income. Thankfully, there are plenty of digital marketing tools out there to help you achieve better results in affiliate marketing.
List Of The Best Tools for Affiliate Marketing
If you want to be successful you’ll have to invest at least a little in your affiliate marketing business.
While digital marketing tools will only help you execute a proper strategy (they won’t do the work for you), the right technology stack can really help you zoom past the competition.
Some tools out there are foundational — things like email marketing, websites, sales funnels, tracking software, and a video editor.
Let’s take a look at the tools that might benefit you the most.
Before you can start an affiliate marketing business up and running you need to build a website first.
And the first stage in building a website is finding the best web hosting company you can afford.
Bluehost is one that I recommend for beginners starting off. When researching web hosting providers, and Bluehost will be on your radar almost immediately – it’s widely used and hugely popular.
Bluehost’s customer support, strong uptime, and affordable beginner plans make it a dependable hosting provider.
I like them because at the time before joining forces with Bluehost, I was looking for old-fashioned reliability. Bluehost was that choice for me.
Bluehost has a variety of affordable plans, which is particularly useful for when you’re starting a new blog or launching a small business.
Although normally starting at $7.99 per month, you can get started with Bluehost from just $3.95 per month with my link.
Bluehost is also the best choice you can make if you’re hosting a WordPress site – it’s earned the title of best for WordPress hosting in our research, and WordPress.org itself has been recommending Bluehost since 2005.
If you want to capture customer leads, GetResponse is one of the few newsletter tools I’ve tested that’s truly built for inbound. It offers flexible forms, a landing page editor, Google Analytics integration, and sophisticated automation for segmentation and emails, allowing you to both captures and nurtures new leads. On top of that, it’s even possible to host live and on-demand webinars with them.
The whole platform is easy to use and quick to get to grips with. There are a lot of online resources and help centers to troubleshoot.
Having the 24/7 live chat for support added to enterprise accounts is also very beneficial.
The new beta email editor is a huge step forward as there are now many features that were previously missing that can now be implemented with ease such as:
- Social media icons
Having a comparison between desktop and mobile previews in a more efficient manner also helps email creation too. The account management is of the highest quality. The automation tool is very intuitive and gives a lot of options for triggers.
Sales Funnels And Capture Pages
Businesses need to promote themselves, be in front of their eyes (target market) at the right place and right time. Being online for acquiring customers today is nobody’s guess. If you have been in this for some time, you must have asked yourself this obvious question.
Websites are seen by many as a natural choice when getting online. Websites help businesses have a dedicated address to be found online and interact with the customers. Just like a physical address… the website is your online address (www.yourbusiness.com).
You dress up your website with pleasant “get up” in terms of look and feel, introduce your business, its products, and services and even give pointers for people to buy and try out your offerings.
ClickFunnels vs website: do I need both?
And the short answer is Yes!
A website, when used with Clickfunnels, can get you the best of both the worlds. It can help you leverage testing done on paid traffic and get the same benefits from organic traffic. A lot of successful businesses do that…
But at the end, you need to make the call based on your current needs. Ask yourself what type of traffic you are looking at generating.
You can start with Website first if you want to drive organic traffic and capitalize on free traffic from search engines.
Start with Clickfunnels if you want to test products/services in your target market and start earning revenue right away. Drive paid traffic and then expand based on what you find viable in your testing.
Click Tracking Software
Getting more subscribers and making sales is great, but understanding how your traffic is responding to your offers is really how you can truly maximize your profits and take your business to the next level.
ClickMagick provides several essential features for any marketer who wants to track and optimize their marketing efforts and increase their ROI.
Click tracking goes beyond free analytical tools, and it’s what allows you to accurately test price points, payment methods, sales copy, page design, and countless other factors.
Ironically, click tracking software is usually one of those things you don’t know you need until you actually start using it.
If you do any sort of marketing online, then you need to invest in a good tracking software like ClickMagick. It’s so essential to know where your clicks are coming from, and which of these are leading to sales.
Because once you have this information, you will know what’s working and what’s not, and you can optimize your marketing efforts to make even more sales.
And as a cloud based service, you can see all your link tracking stats from a single dashboard. This is great for someone like myself who owns multiple sites.
Plus, there’s a whole bunch of useful features in ClickMagick I didn’t even know I needed previously, like bot click filtering and uptime monitoring.
It really is worth spending a couple hours going through the tutorial videos to see which features you can use for your own business.
Screen Recorder And Video Editor
Camtasia is a software tool that easily records your computer screen and allows you to edit it. If you are looking to record what you see on your desktop computer and create an engaging video to share with students or your community, Techsmith’s Camtasia is an excellent choice.
Camtasia is hands-down one of the best video editing software out there. But it really depends on the type of editing that you need to be done. Basic editing could probably be done with other software but if you’re looking for professional-level capabilities, you really can’t go wrong with Camtasia.
Traffic Secrets Book (Get Your Free Copy)
Inside the book, Traffic Secrets, there are 3 different types of traffic and ways on how to leverage them.
- COLD Traffic
- WARM Traffic
- HOT Traffic
Cold traffic includes people who have a problem that needs solving, but they aren’t yet aware of the different products and services that can help them.
They might search for something like “how to build a chicken coop,” because they still don’t know what types of resources are out there.
Cold traffic is usually the cheapest to target with paid traffic.
Warm traffic includes people who are aware of the types of solutions out there but haven’t yet heard about your product.
A warm customer might search for something like “ best chicken coop plans.”
Hot traffic is the creme-de-la traffic.
These people are aware of the specific products that can solve their problems and are more or less ready to buy.
A hot customer is the most expensive to target with paid ads, but they also have the highest conversions.
My #1 Recommendation To Build A Business Online
Creating an online business shouldn’t be scary. In fact, it’s fun and you can do it on your own time. The end result through our training is that by building your online business, you can earn enough money to either:
- Quit your job.
- Supplement your current income.
- Have more free time to yourself.
- Spend more time with your family.
Get to do the things you want in your life and not be held down by anyone.