Jerod Morris: Okay. Getting back to the initial question for this episode before we move forward, just so we’re clear on who is the digital entrepreneur, who’s the person that we’re talking to. Is it as simple as saying that the digital entrepreneur that we’re talking to is someone who has created or has the desire to create a digital product or service that is marketed, delivered, and supported completely online? That’s our definition of digital commerce. That’s the person that we are talking to here.
Brian Clark: Yeah, that’s the working definition. I think it’s pretty solid. That doesn’t stop us from exploring hybrid situations or maybe expanding the definition as things change, but it actually is fundamentally sound. Any definition broader than that is really just stepping over into other terminology that we have had for decades, like e-commerce.
When beginning your affiliate marketing career, you’ll want to cultivate an audience that has very specific interests. This allows you to tailor your affiliate campaigns to that niche, increasing the likelihood that you’ll convert. By establishing yourself as an expert in one area instead of promoting a large array of products, you’ll be able to market to the people most likely to buy the product.
Facebook and other social media networks have made micro-interactions extremely popular. Users love the ability to contribute a variety of reactions to posts and private messages, from the traditional “liking” of posts, all the way to a flurry of animated hearts you witness when you share the love in private Facebook messages. These micro-interactions allow the user to interact with others without reloading the page.
The network is, again, contested by some as to whether it’s truly a part of the affiliate marketing conglomerate. But for good measure, we’ll discuss it. The network is essentially the middle man used to manage this exchange. The network helps accomplish such tasks as payment processing, tracking technology, reporting solutions, and can serve as a repository of available affiliates.
Helping people get approved for the home of their dreams is one of the biggest goals of the mortgage-loan officer. You’ll proactively identify, develop and maintain a quality network of business relationships that serve as a source of referrals for new mortgage-lending opportunities. To snag this remote job, you’ll need a BA/BS or equivalent experience in residential mortgage sales. Documented residential mortgage-loan volume in the past 12 months of $12 million is a minimum, along with being able to establish relationships with local referral networks.
I can think back to my real estate brokerage businesses. I never thought about it in this context, but it was all digital, even infrastructure. I never thought of it as a digital commerce company, but it set the stage for me to move into that, which, of course, I did in 2006. When you think about what I was doing at that time and then you look at what came after, like Zillow, that is a digital commerce platform.
Targeting, viewability, brand safety and invalid traffic: Targeting, viewability, brand safety and invalid traffic all are aspects used by marketers to help advocate digital advertising. Cookies are a form of digital advertising, which are tracking tools within desktop devices; causing difficulty, with shortcomings including deletion by web browsers, the inability to sort between multiple users of a device, inaccurate estimates for unique visitors, overstating reach, understanding frequency, problems with ad servers, which cannot distinguish between when cookies have been deleted and when consumers have not previously been exposed to an ad. Due to the inaccuracies influenced by cookies, demographics in the target market are low and vary (Whiteside, 2016). Another element, which is affected within digital marketing, is ‘viewabilty’ or whether the ad was actually seen by the consumer. Many ads are not seen by a consumer and may never reach the right demographic segment. Brand safety is another issue of whether or not the ad was produced in the context of being unethical or having offensive content. Recognizing fraud when an ad is exposed is another challenge marketers face. This relates to invalid traffic as premium sites are more effective at detecting fraudulent traffic, although non-premium sites are more so the problem (Whiteside, 2016).
Affiliate marketing currently lacks industry standards for training and certification. There are some training courses and seminars that result in certifications; however, the acceptance of such certifications is mostly due to the reputation of the individual or company issuing the certification. Affiliate marketing is not commonly taught in universities, and only a few college instructors work with Internet marketers to introduce the subject to students majoring in marketing.
Whether you decide to work full time or part time with your business, starting your home business will instill the true feelings of freedom as you enjoy working on your own schedule and become the boss. There are instances wherein the freedom of doing things that you want to do increases your efficiency, providing fresh ideas that you can use for your home business. These fresh ideas are important so that your home business can cope up with the rapidly-changing business environment.
In the BigCommerce affiliate program, you receive a 200% bounty per referral and $1,500 per Enterprise referral, with no cap on commissions. Plus, the more referrals you drive through the program, the higher your commission tier will go. BigCommerce uses an industry leading 90-day cookie, so you will receive credit for up to three months for the referrals you generate. Also, there are no obligations or minimum commitments to join the program.
There is no shortage of products you’ll be able to promote. You’ll have the ability to pick and choose products that you personally believe in, so make sure that your campaigns center around truly valuable products that consumers will enjoy. You’ll achieve an impressive conversion rate while simultaneously establishing the reliability of your personal brand.
If you’re a business owner or marketing executive and you’re looking for an awesome and enthusiastic partner to help you better utilize the web to grow your business—from strategy creation to execution and ongoing optimization, you’ve come to the right place. Blue Corona helps companies accurately track their advertising results, transform their website from digital brochure to virtual sales rep, and generate more leads and sales from the Internet—measurably improving their marketing performance.
Since you’re essentially a freelancer, you get ultimate independence in setting your own goals, redirecting your path when you feel so inclined, choosing the products that interest you, and even determining your own hours. This convenience means you can diversify your portfolio if you like or focus solely on simple and straightforward campaigns. You’ll also be free from company restrictions and regulations as well as ill-performing teams.