Daily Aid 101: Step by step affiliate marketing setup for Amazon.com
Daily Aid 101: Step by step affiliate marketing setup for Amazon.com
Student Financial Aid News
From the Chronicle:
Enrollment at many community colleges is rising so fast that the colleges have run out of space for classes. A number of the institutions have seen double-digit increases as the economy has imploded, and their administrators have converted conference rooms, lounges, and computer labs into classrooms, in addition to scheduling courses on Friday nights, on weekends, and as early as 6 a.m. Even so, thousands of students are being shut out of courses they had hoped to take.
Commentary
As we mentioned previously, the fastest way for any school dealing with capacity issues to address them is with an online degrees program. There’s less infrastructure to build, fewer staff to employ, and the technology scales well.
If you’re looking to go back to school but are facing classrooms bursting at the seams, inquire about an online degree program.
From NASFAA:
“Bob Andelman wasn’t just shocked that someone would steal the identity of his 80-year-old mother-in-law to get a loan,” the St. Petersburg Times reports. “What was more shocking to him was how poorly executed the fraud was and how easily everyone fell for it. ‘They put a picture of a young blond woman onto my mother-in-law’s photo ID,’ he said. ‘But they left all the other information the same. The birthday says 1928.’ And what kind of loan was 80-year-old Helga Holsten’s name used to obtain? A student loan, police said. The fraud was perpetrated by Risha Renee Shaw, according to St. Petersburg police, who arrested her Friday on two counts of exploitation of the elderly and two counts of identity theft. Shaw, 30, was being held at the Pinellas County Jail in lieu of $40,000 bail.”
Commentary
A reminder that with all federal student loans, if a loan is taken out fraudulently, the debt is considered unenforceable and should be dismissed by the lender. If for some reason you are not able to get a debt dismissed by the lender, contact the Ombudsman of Federal Student Aid for assistance. Be prepared to file a copy of your police report and any other documentation providing evidence of fraud.
You can also contact the Department of Education’s Office of the Inspector General as well.
Scholarship Update
The AARP Foundation’s Women’s Scholarship Program provides scholarship funds to women 40+ seeking new job skills, training, and educational opportunities to support themselves and their families. The AARP Foundation Women’s Scholarship Program is available to eligible individuals with moderate to lower incomes and limited financial resources. Who is eligible to apply? To be eligible for the scholarships, applicants must be: * Women * Age 40 or over by March 31, 2009 * Able to demonstrate financial need * Enrolled in an accredited school or technical program within 6 months of the scholarship award date.
Details at our free college scholarship search site.
Beer Money
A simple way to get started with an affiliate program – Amazon.com. Amazon pays between a small hill of beans and 15% of an item’s sale price to its affiliates, called Associates. Here’s how to get started. Take note that you don’t need anything other than a mailing address and basic financial information to sign up – no inventory to manage, no having to do anything other than recommend stuff you like.
Disclosure: if it isn’t obvious already, all the Amazon links will be through our Student Loan Network Amazon account, so anything you buy will in turn pay a nominal fee to us.
You’ll start by signing up for a free account. Once you’ve gone through the basic account process setup, it’s time to start putting together things you want to talk about.
When it comes to affiliate marketing, or any marketing for that matter, your best bet for long term success is to market things you already use, love, and want to talk about, things you’d recommend even if you weren’t getting paid. For example, I set up a page for the podcast especially for my favorite photography stuff, including the camera I own. Why? From time to time as an affiliate marketer, you’ll get customers of your affiliate program asking you about products – and if you own them, you can help them.
Once you’re signed up, create an aStore – one of my favorite ways to showcase the things you want to talk about and share.
Make sure you do the simple things like provide a link back to your web site and a logo. You’ll then create a new category page of stuff – in this example, I’m creating a digital photography page.
Add products one by one from Amazon’s catalog of stuff relevant to what you want to share.
Here’s my camera, some lenses, and some books.
Next, add coloring and theming appropriate to your personal web site (or wherever you’ll be marketing the stuff).
Publish your store, then decide how you want to share it – with a simple standalone link, or embedded on your web site/blog.
For this example, I chose standalone – and from this link, you can see what photography stuff I recommend:
Visit the Financial Aid Podcast Amazon store!
Obviously, this has tremendous potential, but this tutorial isn’t to get you deep down the rabbit hole of affiliate marketing – just a start. In this particular case, I’m at a 4% commission level, which means that I earn 4% of any purchase.
You’ll also find basic reporting in your Amazon associates portal – things that will detail just how much you’ve earned. As you can see, so far I’ve earned about $46. That’s why this segment is called Beer Money and not Pay Your Rent Money. Of course, I put practically no effort into this store beyond having it available for people to see, too. With more time and effort, you could obviously sell more stuff.
Affiliate programs are a great way to start earning some beer money, some extra cash, and if you find you have a knack for it, you can earn a lot more than beer money, but this tutorial and guide should help you get started with your first program and help you decide if you enjoy affiliate marketing.
Good luck, and please let me know your results in the comments.
Your scholarship points code is: AMAZONAFFILIATE
Related: Making money with affiliate marketing, December 2008
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Reminders
+ Financial Aid Podcast Show Notes at FinancialAidNews.com.
+ Free scholarship search secrets eBook at StudentScholarshipSearch.com/ebook
+ Online degrees programs and directories at Edvisors.com
+ Free college scholarships contests!
+ Stafford loans | Other federal student loans
+ Parent PLUS loans at ParentPLUSLoan.com
+ Graduate student loans
+ Private student loans
+ FAFSA tutorials and free help
+ The Financial Aid Podcast is a publication of the Student Loan Network.
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Smart idea.
Great stuff……….very important hope its all true.
interesting
interesting
Great!
Great!
this was somewhat helpful. some good info suggested
this was somewhat helpful. some good info suggested
All I can say is . . . WOW!
All I can say is . . . WOW!
sounds good, its worth a shot
sounds good, its worth a shot
Very cool….sounds like a great way to earn some extra money for college with a bit of work!!
Very cool….sounds like a great way to earn some extra money for college with a bit of work!!
Great Info!
Great Info!
Interesting. I just might give that a go.
)
sounds like a good idea
I'm thinking of using this for my blog. Thanks for the information.
I'm thinking of using this for my blog. Thanks for the information.
Very Informative!
Very Informative!
cool, never thought about it like that. useful, definately!
cool, never thought about it like that. useful, definately!
It's really interesting. This will help alot and will give me useful information towards financial need.
It's really interesting. This will help alot and will give me useful information towards financial need.
This is very interesting I never thought this could happen. ITs really greta that there's financial aid to those wgo really need and thisinformation will surely help me get what I really need.
This is very interesting I never thought this could happen. ITs really greta that there's financial aid to those wgo really need and thisinformation will surely help me get what I really need.
usedul
usedul
Wow. Sounds interesting
Wow. Sounds interesting
VERY HELPFUL
VERY HELPFUL
I love Amazon. I buy my text books from there all the time. I feel good knowing that other students are getting their money's worth and as a fellow student so am I. The tutorial is a great representation of how easy Amazon is to use.
I love Amazon. I buy my text books from there all the time. I feel good knowing that other students are getting their money's worth and as a fellow student so am I. The tutorial is a great representation of how easy Amazon is to use.
I really like Amazon.com. They provide good service and good products. I work with them for the rest of my life
I really like Amazon.com. They provide good service and good products. I work with them for the rest of my life
very interesting
very interesting
these ideas sound like they could work and that they would be very useful for some people i will hopefully get to try them!
these ideas sound like they could work and that they would be very useful for some people i will hopefully get to try them!
this is gud info.
this is gud info.
cool
cool
this was very informative to have read.
this was very informative to have read.
Interesting…!
Interesting…!
this is very interesting
this is very interesting
wow i might try that!
wow i might try that!
I have no sound :[
I have no sound :[
THIS IS REALLY INTERESTING
THIS IS REALLY INTERESTING
not new news for me : /
not new news for me : /
yay!
yay!
wow that is very intresting and i may try it sometime
wow that is very intresting and i may try it sometime
Interesting
Interesting
This information about the marketing setup for Amazon.com is bery informative and interesting.
This information about the marketing setup for Amazon.com is bery informative and interesting.
very very interesting
very very interesting
Wow, didn't know about this stuff. Very informative.
Wow, didn't know about this stuff. Very informative.
i think i might just do this.
i think i might just do this.
ya
ya
ok…
ok…
interesting…
interesting…
This is really important that students these days understand what's really going on in the real world..This is really informative..thanks!
This is really important that students these days understand what's really going on in the real world..This is really informative..thanks!
Good info. May work well for me. The drawback right now is the starting of school and time.
Good info. May work well for me. The drawback right now is the starting of school and time.
it does seem interesting… i didn't know about it…
it does seem interesting… i didn't know about it…
great info!
great info!
Interesting
Interesting
Good Info!
Good Info!
sounds good
sounds good
Interesting
Interesting
Sounds like a good thing and the two year colleges are so full that they are cutting some programs that hurt the high school students.
Sounds like a good thing and the two year colleges are so full that they are cutting some programs that hurt the high school students.
Interesting! I might consider
love shopping at amazon. great deals on college textbooks
love shopping at amazon. great deals on college textbooks
very nice indeed
very nice indeed
wow..interesting and has a good potential !
wow..interesting and has a good potential !
I'll look into it
I'll look into it
I have never really thought of this before, but it seems that the economy failing is pushing more people to go to school… I'm glad I'm already enrolled
I have never really thought of this before, but it seems that the economy failing is pushing more people to go to school… I'm glad I'm already enrolled
it looks interesting and amazing. i may try it. it looks good
it looks interesting and amazing. i may try it. it looks good
very helpful info.
very helpful info.
intense.
intense.
Awesome stuff.
Awesome stuff.
I'm still really skeptical about things like this though…not saying its not legitimate, but sometimes about how well it'll really work…
I'm still really skeptical about things like this though…not saying its not legitimate, but sometimes about how well it'll really work…
i think this is a very good program for new college students
go for it! sounds great!
go for it! sounds great!
Interesting!
Interesting!
I love amazon but I never would have thought it would be so easy to market stuff!
I love amazon but I never would have thought it would be so easy to market stuff!
Makes me think
Makes me think
huh… possibly
huh… possibly
this is usefull
this is usefull
good job/
good job/
extremely informative
extremely informative
Looks like this is useful. Must try it!
Looks like this is useful. Must try it!
sounds good.
sounds good.
Cool
Cool
Cool
i might try it
i might try it
i might try it
I would have never thought being an affiliate could be so beneficial! It always used to sound like a ton of work.
I would have never thought being an affiliate could be so beneficial! It always used to sound like a ton of work.
I would have never thought being an affiliate could be so beneficial! It always used to sound like a ton of work.
I would have never thought being an affiliate could be so beneficial! It always used to sound like a ton of work.
I would have never thought being an affiliate could be so beneficial! It always used to sound like a ton of work.
so clear
thx alot
Very Interesting
Very Interesting
Very Interesting
Very Interesting
Very Interesting
Very Interesting
Very Interesting
kool
worth a try
I don’t get it exactly, i’ll have to look into more.
this was good
not to fond of this idea
very informative
I had never heard of this before.
this was cool!!!
this was really informative
this was really informative..
cool!
This sounds interesting, I think I might try it out
this is pretty neat
Guess I need to check this out further.
I might have to give it a try
Interesting iformation, who knew1?
I think I may try it :]
this is so cool
These people know what they’re talking about.
Interesting
very important hope its all true. and thats for the 411
I buy books from Amazon all tne time. I had no idea about this, but might try it.
this is very informative and interesting, most of this stuff i never even thought about before
Sounds like a good idea. I might look into it further
INFORMATIVE
Hmmmm….good stuff
sounds interesting. I may even try it.
Great stuff! At a quick glance, this sounds like it may take time to set up initially, but once in place, it appears to be a fairly easy way to earn some cash with little to no ongoing effort. I’ll have to look at this again when I have more free time to get it going.
Interesting- the financial aid podcast is full of useful information!
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