Here’s a Beginners Guide to Affiliate Marketing with Easy Steps you Can Follow to Get Started
Have you considered generating extra income for yourself by pursuing something very interesting, perhaps something you are passionate about?
If done correctly, you can be earning extra income with affiliate marketing.
But now the question comes down to: What is affiliate marketing and how do you exactly earn a lot of money with affiliate marketing?
If you’re a beginner with affiliate marketing, then this article is going to become a great resource for you.
So, what is Affiliate Marketing?
Affiliate Marketing is the process of getting paid a percentage commission when you sell an item from another company.
What you do is, introduce your readers or followers to the products or services from trusted companies or individuals and when they click on the link that you provided and they buy the product, you get a commission.
How much you earn will depend on the program that you join and how much they offer for those who join their affiliate programs.
You can earn a good income as long as you pick the right affiliate programs to join and the right products to promote.
Some affiliates will give you a 30% commission, while others will give you a 50% commission. It really depends on the affiliate.
The percentage can also be lower. For example, the Amazon associate program offers from approximately 3% to 8% for affiliates who are promoting their products.
On the higher end, some digital vendors offer up to 75% commissions and even more in certain cases to promote their products. This means that if you sell a product that is priced at $100, you would earn $75 and the vendor would get $25.
That is pretty cool, right?
But why would the affiliate earn more money than the vendor, you may ask?
That is because in that example, the vendor rewards greatly the affiliate for sending traffic towards his site and mostly for sending a paid client to his offer.
The product vendor can afford doing so, because with the customer’s information in hand, he can promote some additional offers to these clients such as high-ticket products or services.
Furthermore, the vendor does not need to pay for the advertising cost, all that being on the affiliate’s side.
That said, it’s a win-win-win situation (yes 3 winners) for both the vendor, the affiliate, and the client.
The client gets to benefit from the product or service he has just purchased.
If you want a very useful resource, here’s how you can learn more on affiliate marketing.
Why should you learn Affiliate Marketing?
There are very reasonable and persuasive reasons why you should start learning this right away, take a look at these:
– You can get started quickly:
It’s easier to monetize your website sooner than you would as compared to creating your own products from scratch.
Since you are promoting other people’s product, you can get started really quickly. So yes, the speed in which you can generate money online is really effective with affiliate marketing.
– It’s easy to include on your website and implement:
All you need is a link to promote products and you’re good to go!
You do not need to worry about tracking all of your sales, providing your customers with service and catering to their requests, setting up payment process or anything else that you might worry about.
The product company you are promoting can handle all of that support for you.
You simply sign up to an affiliate merchant such as Clickbank. From there, you go on the marketplace to find products that you choose to promote.
Once you select a product to promote, the system generates a custom affiliate link coded to your ID account and you can copy that link on your website, blog or social media profiles.
– It doesn’t require you to be an expert:
To get into the affiliate marketing game, you do not need to be a world-renowned expert in the niche that you choose.
You can run paid ads to a converting affiliate offer. There are many different traffic tactics that can be used to run paid ads.
You can also start a blog or website where you know enough about the niche that you can teach your knowledge to others. You’ll be able to help people in that niche and promote them useful offers.
– There’s no need for a big support team:
A cool part about affiliate marketing is the fact that you do not have to hire employees. There is no overhead other than starting your own website or webpage and sending traffic to your site.
This means you can do everything on your own and manage everything yourself.
As you grow bigger with time, you’ll be able to place a team of virtual assistants to help you out with certain tasks.
– It can be achieved working part time and low cost to start:
While affiliate marketing does require an investment in time or money (for paid traffic), it doesn’t require you to invest a lot of money to get started. You can begin with affiliate marketing very rapidly.
Here’s the one of the numerous checks I have received from Clickbank in the past 😉
A Crash Course to Affiliate Marketing: 4 Steps to start your Affiliate Business
Okay, let’s get down to business. Here are 4 easy steps you can follow to get started:
1 – Take note of what your target market is already purchasing:
Before selling anything, make sure that you know what your audience is already interested in buying.
So, for example you are trying to target mothers, what do mothers buy usually? Do they look for things for their toddlers?
If you are trying to target photographers, what kind of cameras or photography equipment do you think they would be most interested in purchasing from you?
Just think about the possibilities for a while, and as soon as you can answer those questions, you’ll be able to find a niche that is perfectly catered to your business goals.
2 – Choose a product to promote as an affiliate marketer:
After you have already identified what kind of patterns your customers have when it comes to purchasing products, it is now time for you to pick a product that you know they will be interested in buying from you.
There are several affiliate merchants to choose product from. An article on the different merchant will be written in the future. But you can start with Clickbank for digital products and CJ Affiliate for physical products.
3 – Set up your account with the affiliate program you choose:
It is quite easy to set up your account, all you need is to input your details with the program and you will be given a specific ID.
With that affiliate ID, you will be able to track all of your sales from the back end. Aside from that, whenever you post your links on your website, your links will always have your Affiliate Id hardcoded in them to ensure you’re credited for the sales.
4 – Start Promoting your products:
As soon as you get everything set up, you can start promoting your affiliate products to your audience.
To make this as effective as you can, you need to come up with content that is eye catching and at the same time provides your readers with solutions.
Remember that they are looking for ways to solve their problems, you should be able to provide them with effective solutions.
The Important Thing Here is Really to Get Started as Soon as Possible
The most important thing I can tell you about getting starting with affiliate marketing is to take MASSIVE ACTION.
You need to get started ASAP.
Get your domain name, build your website (or webpages) and get started.
Then, create traffic by either building it, buying it or borrowing it.
Once you get moving, you’ll start seeing results and that my friend will change everything for you.
Here’s how you can get started with affiliate marketing.
Wishing you all the best.