The best type of affiliate marketing: What it is and why you need to do it

I always get giddy when I talk about affiliate marketing.

It’s just so darn cool.

You know what I mean?

You don’t?

Okay…fine then. I guess I'll have to convince you.

And I'll do so by telling you about how the best type of affiliate marketing can help you increase the income you’re earning from your food blog (and I know you think that is pretty darn cool).

I want to make sure we’re all on the same page before we jump into my main point for this post, so I’d like to take a moment to share a thrilling short story entitled “A Very Basic Example of Affiliate Marketing.”

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Ad Network Tracking Tool – Built by the FBP Community

In the most recent Traffic and Income Report on Pinch of Yum I shared how Kiersten Frase’s eBook, How to Monetize Your Food Blog (affiliate link), made me realize that we could be doing a much better job of creating income from the ads we’re running on Pinch of Yum.

It made me realize that I need to change our advertising mindset (on Pinch of Yum) from “set it and forget it” to “always be testing it.”

This realization inspired me to create a spreadsheet to track our advertising numbers, because it’s tough to test something unless you have easy to understand data to test it against.

Why am I posting about this on the Food Blogger Pro blog?

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How we increased our blog’s monthly income by over $1,500 without increasing traffic

Traffic represents tangible numbers that allow you to easily see how your blog is performing, but it’s only half the battle when it comes to monetizing your blog.

Yes, you need to be smart about ways to increase traffic to your blog. You also need to be smart about ways to increase your effectiveness at monetizing the traffic that is already coming to your blog.

The good news is that this doesn’t require you to squeeze every last penny from your blog readers by showing more ads or pitching more products. Quite the opposite, actually. You want to be squeezing every last penny from the advertisers and affiliates you work with so you don’t have to show more ads and pitch more products to your readers.

In this post I’m going to share an example of a change we made with Pinch of Yum to increase our monthly income by over $1,500. I'll also share how this information impacted the way we structure payments for Food Blogger Pro affiliate program.

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5 ways to make more money from your food blog

{image5}If you’re making a dollar from your food blog, you could probably be making two. If you’re making $100, you could probably be making $200. If you’re making $1,000, you could probably be making $2,000. I could keep going with that, but I’m guessing you get the point: you’re probably not maximizing the earning potential from your blog.

It’s easy to increase your blog’s income by adding additional ad units, writing spammy posts with lots of affiliate links, or pitching unrelated or untested products to your readers. That might get you a short-term income boost, but it will also zap any trust that you’ve established with your readers and crush the quality that you’ve worked so hard to establish with your brand. Not a good long-term plan.

The focus with increasing the money you make from your blog should be on finding ways to increase your income without degrading the quality of your site, which is what we’re going to focus on in this post.

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7 Simple Advertising Terms Every Food Blogger Should Understand

Especially if you're one of those “i’d-rather-poke-myself-in-the-eye-than-do-anything-that-has-to-with-math” kind of people.

But if you’re looking to turn your food blog into your career (or even just your mocha money) then it’s important that you have a solid understanding of advertising terminology.

The good news is that the most common advertising terms are fairly simple to understand, especially if you have examples to look at. In this post we’re going to look at seven different advertising terms and explain them using simple and easy to understand examples. The advertising terms we’ll be looking at today are:

  1. Impression
  2. Fill rate
  3. CPM
  4. CPC
  5. CTR
  6. CPA
  7. RPM

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