Make money in your sleep, they say. While there is more involved to just slapping a link up to a product you love, it’s totes possible to make more money in your interior design business.
Affiliate marketing is the new way for interior designers to make extra money they used to count on from specifying products. Those golden days of making butt loads of money on specifying product have practically disappeared. What with clients shopping you on the internet and finding the exact same rug you spec’d for less. How annoying is that?
Basically? Affiliate marketing is earning commision when your clients buy through your affiliate program partner link.
You’ll sign up for a program, get a special-to-you link that tracks the referrals from people clicking on your link. You earn commission when they purchase.
Commissions usually start at 5% and go up from there.
Interior Design Affiliate Marketing Step #1: Find Affiliates To Promote & Sign Up
Doing a quick search for “home decor affiliate program” will help you get started in your research. There are tons of programs out there and you’ll need to study their commission structure and evaluate if it’s the right fit for your business.
Be picky here. Don’t sign up for an affiliate program because there’s a high commission rate. Sign up for a program because you love their products and services. Remember, just like with the products you sold before, your name is behind this and your clients are counting on your to be the tastemaker and seal of approval. It’s your reputation on the line here.
Interior Design Affiliate Marketing Step #2: Develop Your Affiliate Strategy
Once you sign up for a program, how are you going to start making money? Will you just use these affiliate links on your blog as a tastemaker by creating mood boards? Will you use them for your design projects? Figure out how you can best use them to your advantage.
One idea is to create a search engine optimized blog post about the “Top 5 Bar Carts Under $500”. And maybe throw in some design ideas for the ideal design setting for each bar cart.
Interior Design Affiliate Marketing Step #3: Disclose Your Affiliate Status
Depending on the country you’re in there are likely rules that govern what you must disclose to your readers and clients. Do a Google search and figure out what you must share with your peeps so you don’t get into legal hot water.
Interior Design Affiliate Marketing Step #4: The Most Important Detail
Here’s something important to also consider- just because you’re an affiliate doesn’t mean you’ll make butt loads of money if no one knows you exist. #sadbuttrue
You need to make sure you’re getting plenty of traffic to your website if you want to follow the affiliate blogger model. If you’re not sure how to increase your traffic, check out my SEO training.
If you want to use affiliate links in your design projects, check out Mydoma Studio. They have a handy spot for you to insert your affiliate links for each product you save in your library. #awesome