For most of you out there, affiliate marketing is a pretty new term, however, this marketing strategy has been around for quite some time now. It is used all over the world to easily market products without having to pay anything up front. This makes affiliate marketing one of the best marketing strategies as far as return on investment is concerned. Even if you don’t have an existing business, you can still start affiliate marketing quite easily. Here you will find a complete guide that will allow you to start affiliate marketing as soon as possible.
What is Affiliate Marketing?
Since this article is aimed at beginners, this is why it is important to first make you understand what affiliate marketing actually is. In simple terms, affiliate marketing is a way for you to earn a commission simply by recommending products in your circle. However, this statement is overly simplified and there are a few details that you need to focus on when you are affiliate marketing. If you want to start affiliate marketing right away, there are a few simple steps that you need to follow. The steps are as follows:
- First, you need to find a product that you can easily promote
- Search for an affiliate program for that product
- Enter an affiliate program
- After you have joined the affiliate program you will get a link that allows the product owner to track the customers who have clicked the link
- If the customer buys the product through the link, you will get a commission
Seems to be very simple and it is. However, affiliate marketing can get more advanced than this, but here we are keeping it simple so that beginners might get into it easily. Affiliate marketing is by far one of the best ways to earn a steady income and that is why everyone should know about it.
How Does it Work?
Nowadays, you can find a lot of ways to track affiliates, however, most of these methods still rely on those special links. One of the most common tracking methods that are used today is through cookies. Whenever the affiliate link is clicked by a user, a small file is saved to their computer. When they buy the product, the merchant can then see that the user was referred by you. There are more advanced tracking methods too that involve using IP addresses and emails but we won’t go into those details as it might get too complicated for beginners.
8 Steps to Affiliate Market on Your Blog
If you want to start affiliate marketing on your blog, all you need to do is follow these few steps and you will be good to go.
- Create a blog
- Choose the niche of your choice
- Search for products in that niche that you think you can review
- Next, sign up for the Amazon affiliate program for that product
- Then find other affiliate programs for most products that might benefit you
- Create blogs in the form of tutorials and review posts and don’t forget to use your affiliate link
- Optimize the page and improve our ranking on Google
- Keep on repeating the process
How to Earn Your First Commission?
If you want to start earning money as soon as possible through affiliate marketing, then this what you need to do. First and foremost, you need to make sure that you find a product that you understand and that you can promote. Don’t just go and choose any product that you see because if it does not perform well for you, it will just be a waste of time. So research the products properly, once you have found the product, make sure that you order it and use it yourself before promoting it. You don’t want to mislead the audience into buying the product. So, if you use the product yourself and give honest recommendations then the audience will trust you and this will allow you to improve your sales. Remember, that if the audience doesn’t trust you, then all your efforts are useless.
How Much Money Can You Make?
This is a question that a lot of people ask before indulging in affiliate marketing and understandably so. However, the answer to this question is quite weird because the amount of money you earn literally lies between zero and millions. If you do everything properly and cover all of the bases then you can really earn millions of dollars through affiliate marketing. However, for beginners, the sum will be obviously lower. The amount you earn depends on the types of offers you promote and how much traffic you are getting. If you start to get a ton of traffic to your site, then you will definitely have more sales for sure.
How Do You Become an Affiliate Marketing?
If you are interested in affiliate marketing, you can start by finding just about any product, sign up for the affiliate program and start referring to the product. However, the main take away is that just because you can find any product online, doesn’t mean that you should start promoting it. Each and every product that you find has a separate market, some products have significantly bigger markets and that will certainly bring more profits. You need to think about your audience and whether the product that you are choosing is relevant to it. For example, if you are thinking about promoting a product on a fitness blog then you will not promote cookware or utensils on that blog. Relevance is key.
Marketing Physical Products
You can find different types of products online however, out of all of the different types of products. Physical products are the easiest to promote, and the reason is Amazon. Amazon perhaps has the biggest affiliate programs on the planet. Once you sign up to that affiliate program you can promote almost any product that you can find. Signing up to Amazon’s affiliate program can be highly beneficial and one of the main reasons for that is that people have a lot of trust on Amazon. So, if you are promoting a product that is on Amazon then the chances for making sales will be significantly higher.
If you wish to sign up to Amazon’s affiliate program then it will be a great decision on your part. However, in the long term, you should move away from Amazon because it can be quite tough. The main reason for that is that Amazon only allows 24-hour cookies. This means that if someone clicks on your link and buys anything within 24 hours, only then will you receive the commission.
Marketing for Information Products
Another kind of products that you need to know about is information products. These are often products that have been created by a blogger or an author to teach the reader something. The main reason why people choose information products for promotion is that they are higher priced which means that the marketer will receive higher commissions. People generally trust these products more and therefore it makes it easier for the marketer to sell them. Another reason why information products are so great is that they often some kind of problem for the reader.
Why You Should Go For Affiliate Marketing?
Most people think that advertising on a blog is the best way to monetize your site, however, this is far from the truth. Most people do get started with Adsense mostly because it is easy, however, it makes the site ugly and most people even have adblockers installed which completely defeats the purpose. Affiliate marketing provides a clean and elegant way to monetize your website. You don’t even have to create any products of your own, all you need to do is promote other products. Therefore, the manufacturing cost is zero and whatever you earn is a profit.