I think (he/a contractor/a company) basically doesn't need to write a tac return/declare income if they make less than £10.5K gross a year, the threshold for completing a tax retirn as far as I know.
Thanks, but I feel like if I do affiliate I should be the only one taking a %, both unfair on the creator and less margin for me most likely, though I could well be wrong.
Yes, totally. I just feel like a lot of e-books are 99p so 10% of that is so small. I guess the upside is 1,000 people could buy it at once, but then you'd need 100,000+ book fans for an ambitious 1% conversion. And even then you'd have to go author direct (so amazon don't also take a cut) which may mean lower quality books, and if people see you promoting bad product, end of brand, maybe.
Yeah, me too. Growthhackers.com is good but there are SO many bad posts out there and people self-promoting. Everything on Austen's site here is brilliant: http://austenallred.com/user-acquisition/book/chapter/instag... well worth reading in detail. I may not be the best person to answer this question, may be worth a new self-post for you
Once you have accounts with followings they can support each other, RT each other's posts, get reach that way. I think that's how any in-house influencer marketing companies got started, they built Facebook like pages over the last decade then just used them to make new pages. Moviepilot did this also, apparently spending a year building the pages before they built the website! That is brilliant forward thinking. Regarding Insta/Twitter growth from zero, Austin's advice seems pretty solid?
Heard about FDA this week, really exciting. This all makes sense. I'd like to do something with quite broad appeal (possibly e-books then, but I have doubts about whether I could create a great community, and as mentioned above I don;t necassarily want to run through someone elses affiliate program, would prefer to creat emy own by going direct, though maybe this would be possible with authors..)
Amazing reply, thank you (Grasswire looks amazing, I'd love to hear more!) I somehow don't feel like I should be running an affiliates for other people business, and wonder how much my heart would be in it. I'd prefer to do something more transparent, pointing traffic to my own site (but not competing with those companies that pull in thousands of shops and have data scientists working around the clock, like Lyst)
There's a company called the social chain doing this really well (influencer marketing as an agency) they have mulit-mutli millions of UK people in their network. Then there's the audience, who claim a billion people can be influenced by them every month. Woah.
Thanks for commenting. So:
- Replicating success: It's quite niche and not entirely one-size fits all my successes (e.g. wouldn't work with fintech or more "serious" "deep tech" products) and marketing is only one slice of what I'm passionate about, others being startups, tech, music etc, so wouldn't call myself a master marketer like Nir or Neil Patel)
- Why following: great point. Someone said this to me at a community management conference in San Francisco in November. The accounts I have are great but I could have amazing accounts if I put more effort into building/maintaing them
Buzzfeed's sponsored ads are pretty good for the Buzzfeed audience. I agree on the point yes, content links can be posted over and over as people get enojyment from them, posting products will soon lead to unfollowing, is why I'd like to find a good niche and something people want and build a community.
I get what you're saying, but I don't want to be spammy is why I don;t just want to (aimlessly send traffic to pages) would like to create real value for someone. When my favourite clothing brand releases new clothes, it's genuinely exciting to buy and wear it when it arrives, it's a really good feeling.
Thanks, I've been considering this. It may be more work but I'd love to work directly with makers within a niche and set a 10% or so affiliate price, on a set of products e.g. a style of clothes, drones, IoT, wearables etc and create a long-term focus rather than trying to grab pennies/cents. Whoever's left that can still game the Facebook algorithm for millions of instant clicks (something I've never done/tried to do) would probably do great with these affiliates, like the kid who does dose.com
Thanks, but I'd really like a major product I can build with community management, brand building, nurturing people to love a site/product/app. It's a personal passion of mine and makes me really excited thinking about it :)