Affiliate marketing has become a very popular way for businesses to advertise, and get more buyers for their products.
But affiliate marketing is also a very good way for ordinary people like you and me, to earn money selling stuff online, even if we don’t own a product to sell.
We simply sell other people’s products and get paid for our effort. And yes it IS possible to earn a LOT of money, IF you know what you’re doing.
There are examples of young people, teenagers even, who earn thousands of dollars in their spare time, and many experienced affiliates have earned millions of dollars doing this, from the comfort of their own home.
Have you ever dreamt of telling your boss to get off your back and just stuff it?
Just imagine having the possibility to do just that, quit your day job and just be your own boss. Sound good?
With affiliate marketing it IS possible to achieve that goal, even if you don’t have a fancy education or special computer skills.
So my question to you is this:
Do YOU want to learn how?
Of course you do! Who wouldn’t?
Then read on and I will show you how it is possible for YOU to get started on your very own website in minutes, for FREE! Then you can build your affiliate marketing business and start making money from the comfort of your own home.
You don’t even have to get out your credit card to get started.
Making Money With Online Marketing
You see, more and more people are using the internet and the companies have realized that. They know that if they don’t take advantage of this, they will be leaving a lot of money on the table. And with affiliate marketing it is basically a win-win situation for the seller as well as the producer, since no money is changing hands, unless a sale is made.
As an affiliate you can decide for yourself how many hours you work as you get paid by the sales you make. This means that you are pretty much in control of how much money you earn. IF you know what you’re doing!
And the company that owns the product doesn’t lose any money, since they don’t have to pay you anything unless you make sales.
It is a very simple concept: Whenever a costumer buys something through your affiliate link, you get paid a percentage of the money the customer spends.
What makes it even easier, is that you don’t even have to be in direct contact with the company who’s product you’re promoting. There are affiliate “networks” where you can choose between hundreds of companies and products you want to promote, and these networks take care of all administrational tasks, so you and the company don’t have to.
So Exactly What Is Affiliate Marketing?
The first thing you need, if you want success as an affiliate marketer, is to know about those involved in this whole affiliate marketing thing:
There are essentially four factors:
- There is you – In this case you are “the affiliate”
- The company – The party who wants to promote/sell a product.
- The Affiliate Network – Where you find companies and products to promote; administrates sales, payments, leads, etc.
- The consumer – Buys the product or service you are promoting.
A company wants to sell something, i.e. a telephone, and contacts an affiliate network in order to get people (affiliates) to market their product.
They then agree on the terms, and the network places an ad on their forum, saying that you can earn $2 if you can get visitors through their link to their website, and another $25 if they buy the product.
You (the affiliate) then see their ad and start promoting their product, using the special link you generate (the link is attached to your profile, so you get your commission every time it’s activated). You then place the ad on your website, blog, social media platform etc.
The consumer then clicks on your link to get to the ad, and you get $2. He then buys the product, and you get another $25.
In other words: The company makes a sale, you get paid a commission for providing the costumer, and the costumer gets his new telephone and everyone’s happy.
Easy peasy, right?
Wrong! Obviously, if it was that easy EVERYBODY would be doing this.
Many try for years, without making a single sale, but read on and I will show you exactly what to do to find success in this business.
Types Of Affiliate Programs
There are basically two types of affiliate programs:
- PPS (Pay per sale) – An estimated 80% of all affiliate marketing is based on this model; the company pays the affiliate a certain amount or percentage of the price of the sale he generated through his link.
- PPA (Pay per action) – In this model the affiliate is usually paid for obtaining information about potential buyers for the company. The affiliate gets paid in smaller amounts than with PPS, but it is “easier” to get “customers” with PPA.
Make Money Online With Affiliate Marketing
Ok, with this basic knowledge you are now ready to start working as an affiliate marketer. The most important thing now, is to stay motivated and target oriented.
Affiliate marketing can generate a LOT of money, but you need to be focussed and learn from people who have experience in doing this.
TRUST me on this one; it’s a long hard struggle to get success with this by trial and error. I’ve tried that and it’s a waste of time and money.
So how to get started:
- Find an affiliate network. It is an option to contact a company directly and apply for an affiliate program, but I would recommend that you get some experience first by using an affiliate network. The networks have lots of companies and products listed in one place, so it is easy for the affiliate to find what he is looking for.
I would recommend that you sign up for 2-5 different networks, so that you always have many different ads to choose from. It is mostly free to sign up and really easy to do.
You should never ever pay to be an affiliate. Some private vendors promise big commissions if you sign up for their programs for an initial price, but they are SCAMS and you usually end up paying much more than you earn. Stay clear of this type of programs!
Some legitimate networks I’ve used are:
- Ebay Partner Network
- Rakuten Affiliate Network
2. Look for ads and pick the right one for you:
When you have signed up for an affiliate network, you will be able to see a marketplace with a lot of different ads that you can choose from. There are basically three factors to think of when you choose ads to promote.
- Do you have a blog or website – You should have a platform from which you can promote your product.
- Interest – You should always pick a niche that you are personally interested in. If you don’t, you will soon get fed up with creating content for your site.
- How much money can you make on the ad in question – Money is why you’re doing this, so think smart. Some products are expensive and therefore harder to sell. But if you earn ten times the amount of money per product sold, you only have to sell one instead of ten.
3. Doing the groundwork
This is the hardest part, and the most time consuming. It is basically where you plan and build your campaign, and lay the foundation for your business.
When you have picked a product or ad, you should build a website, a blog, or something else where you can market your product.
Here are some alternatives:
- Videos on Youtube
Tracking and SEO
Ok, so far so good, but the hard part isn’t over yet. This is where many wannabe affiliates fail and eventually give up.
SEO is going to be the difference between your success and failure.
SEO (Search Engine Optimization) is what you do in order to get people to visit your site. It is basically what makes your website visible in the search engines like Google, Bing and Yahoo.
No or bad SEO = no visitors = no sales = no money
Tracking: When you have your site setup for SEO, it is important that you keep tracks of the visitors and their behavior on your website. This makes it easier for you to optimize your site accordingly. By monitoring what is working and what is not, you can make improvements and increase your sales.
Learn EVERYTHING you need to know to be a successful affiliate marketer
I have told you all the basics that you need to become an affiliate marketer, but in order to be successful, you’ll need to really dive into the depths of SEO and making good content that converts.
If I was to write about it here, this would be a never ending article. Besides, I don’t know half of all there is.
Whenever I need help with something, I turn to my friends on Wealthy Affiliate, who are always ready to help. There are experts in any area of internet marketing, so no matter the problem there is always someone who knows what to do, and they are eager to help, at no cost.
If you’re serious about making money with affiliate marketing you need to take action!
I recommend you sign up for Wealthy Affiliate. If it wasn’t for this community I would probably still be looking for my first sale, or be back taking orders at the old nine to five.
I hope you enjoyed this article and that you can put it to good use.
Do all your friends a favor and share this article below!