Are you looking to make money online through affiliate marketing, but don’t know what the quick steps to Start Affiliate Marketing are? Where to Start Affiliate Marketing? If you answered yes to either (or both) of these questions, you are in the right place.
Table of Contents
- What is Affiliate Marketing?
- Getting Started Affiliate Marketing for Beginners?
- How do Affiliate Marketers make Profits?
- Step 1 – Select The Niche You Wish to Promote:
- Step 2 – Set Up a Blog or Website:
- Step 3 – Select Your Products:
- Step 4 – Pick an Affiliate Marketing Site:
- Step 5 – Choose an Affiliate Program:
- Step 6 – Create & Promote Your Link:
- Earning Potential:
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What is Affiliate Marketing?
The first, and perhaps most well-known online money making strategy is called affiliate marketing. It is the quickest & Easy method of making money online. Affiliate marketing is one of the most admired Internet business ideas.
Affiliate marketing is one of the most top talked topics among all other Internet business ideas. Affiliate Marketing involves selling other people’s products or services on your website, social media page, YouTube account, and other Internet-based pages, thereby earning a commission on each sale.
Of course, this money making option requires that you have (or create) an Internet site or page and that site or page caters to the same market as the merchant or advertiser that you want to highlight, and you should also have enough visitors. But once you have that, you could make some serious cash.
Getting Started Affiliate Marketing for Beginners?
If you don’t have any experience to build and run an Internet business, initially affiliate marketing might be your preferred path.
The major advantage is that you don’t need to create your products or offer your services to your customers. Rather you can use other brands to promote your own business. You can create residual income stream right from the very beginning of your online business.
Even you can make money while you are as sleep, by promoting your desired affiliate products on your blog, in the form of videos, social media or whatever medium is right for you.
However, don’t misjudge affiliate marketing. It’s not that much easy to sell a product and make money online. You have to work hard to earn that money by selling products to your targeted customers.
If you want to succeed with affiliate marketing or products, you should have a clear idea of what kind of product you’ll be selling and to whom you’re selling.
Knowing your targeted customers is the best solution. Because it gives you insights on what kind of problem is facing a client and you are there at the right time to solve your customer’s problem. Though it is quite difficult to get these insights, if you have the passion you will get it.
How do Affiliate Marketers make Profits?
The majority of the aspiring entrepreneurs who try online business ideas which are built on affiliate marketing failed. The main reason they failed because they don’t know what they’re doing.
Firstly, they do n’t know about their target audience. Secondly, they have affiliated with wrong products. Finally, a public reason they don’t have enough traffic to make sales.
The great thing about starting an affiliate marketing is that you don’t need to create a new product whenever you try something new.
There are two ways you can choose your affiliate products:
- Choosing an affiliate product with your similar niche and
- Selecting some affiliate products from an absolutely different niche.
If you get master skills for copy-writing and selling, (or you can outsource copywriters) and at the same time you have enough amounts of visitors on your business site, then affiliate marketing is one of the most profitable online business ideas as always.
The successful affiliate marketers usually have high presentable skills for their contents. They have made well-structured sales funnels and blogs, through which they help the audience to decide whether they buy the affiliate product or not.
Most of the affiliate marketers drive traffic to the sales funnels by using advertisements in the JA Directives Google Plus page, Twitter and Facebook through paid Ads and also by doing some search engine optimization to ensure that their sites can be found on search engines. If the idea of affiliate marketing interests you, follow the below steps:
6 Quick Steps to Start Affiliate Marketing
Step 1 – Select The Niche You Wish to Promote:
To start affiliate marketing, it’s easy enough to do; if you already have an existing site or page, as it is going to be one that is relevant to your subject or topic.
For instance, if you currently own and operate a website that is somehow related to money or financial issues, you could increase your income base as an affiliate marketer (in which you would be called the publisher) by promoting and selling products and programs related to your topic.
However, if you don’t have a page or site set up currently, what types of products or services are you interested in? What are some things that you are knowledgeable about and can discuss intelligently with your readers?
Select a category that you love or could add value to and the rest of the process will be much easier for you.
Recommended Reading: How To Select a Niche
Step 2 – Set Up a Blog or Website:
Set up a blog or website if you don’t currently have one. If you don’t already have a website or page set up, now is the time to do it.
Some options to consider include developing a price comparison site, crafting a review site, or making a discount site for products that people commonly buy online as each one can attract consumers looking for specific items.
Also, sites like these serve a functional purpose for the consumer; whether it is to help them save money, figure out which products are higher qualities, or both, while putting more money in your pocket at the same time.
Recommended Reading: How To Build a Website
Step 3 – Select Your Products:
Decide what products or services you want to promote during start affiliate marketing. If you don’t believe in the product or service that you are an affiliate for, how can you expect your reader to be?
Think of the items that you have no problem recommending to your closest family and friends and your passion for them will shine through more clearly, getting your reader as excited about them as you are.
Recommended Reading: 7 Ways To Select Your products for Affiliate Marketing
Step 4 – Pick an Affiliate Marketing Site:
Pick which affiliate marketing site(s) you’d like to use and set up an account. If you’re new to affiliate marketing, you may want to check out sites such as Rakuten Affiliate Network, Click Bank, Amazon Affiliate Programs, Prosperent Affiliate, E- Junkie, Pay Dotcom (which pays commissions via PayPal), and CJ Affiliate by Conversant (formerly known as Commission Junction).
Each of these can direct you to the merchants best suited for you, allowing you to make the most money from your marketing affiliate program.
Recommended Affiliate Programs:
- Click Bank,
- Prosperent Affiliate &
You’ll want to pay close attention to how each one works and consider the impact it could have on your potential profits.
For instance, Click Bank lets you earn up to 75% of the product price and Pay Dotcom offers commissions up to 80%, but you may actually make more money off Amazon Affiliates even though they give you a lower percentage (6-15% depending on which program you choose) as they are one of the biggest online shopping retailers worldwide.
If you already have a successful blog or website that draws a lot of traffic, you may even get paid by a business for simply promoting their brand or name on your site, such as with Google Ad Sense.
Options like this are often set up as pay-per-click, where you have reimbursed a certain rate for every person that clicks on the affiliate link that you have displayed somewhere on your site.
Recommended Reading: How To Pick an Affiliate Marketing Site
Step 5 – Choose an Affiliate Program:
How to select an affiliate program to promote?
I will review the process on Click Bank because it is the website I recommend you to start with. First and most important is the commission you will get for each sale.
Aim for 60%+ commissions for digital products. On average, most digital products on Click Bank sell between 35$-85$. Applying this rule, you will be making at least 21$ per sale.
If you promote physical products, don’t stick with a particular percent but make sure you will earn at least 50$ per sale since physical products tend to sell harder than digital ones.
Next, make sure that the product has High Gravity. This means that a lot of people have made an affiliate sale in the past week, which means that the product is in high demand.
However, this will also mean that you have a lot of competition to sell the product. So my recommendation is to aim at products that have normal gravity, but also have a great sales page.
Make sure they have a lengthy sales page and compare them with other competitive products, so you can see if they will make covert well.
Recommended Reading: How To Choose an Affiliate Program
Step 6 – Create & Promote Your Link:
Create a link to the particular product(s) that you’d like to promote and earn a commission from and attach it to your site. Once you have selected an affiliate program you want to promote, you should get an affiliate link. It is important that you just paste it into your website, blog or channel.
If you place it on your website or blog, I recommend adding the link to the name of the program or something that represents it, instead of just pasting the link, which will be very unprofessional and also everyone will know that this is an affiliate link.
If you are using YouTube to promote the product, you can use a link shortener like this one by Google “https://goo.gl.” This way your links will look much more professional.
Market your link. Now that your site is set up and ready to earn you some money, you must sell your affiliate products as if they were your very own.
Get your readers and followers interested in the items, programs, or services you have chosen so that they are willing to click on them and most importantly buy them.
Not only you want to promote these things on your base site, but don’t be afraid to post about them (with the links) in groups or forums that are relevant to your target market too. The more exposure you can get, the higher your chance of making sales—and money.
Recommended Reading: How To Promote Your Affiliate Links /marketing
So, how much money can you make as an affiliate marketer?
It’s largely up to you how far you will go and how much you stand to make with this particular online money making the option.
Obviously, the more traffic you can draw to your pages and the more time you put into promoting yourself and the affiliates that you’ve chosen to do business with, the more successful you will be.
If you want to increase your earning potential, it may benefit you to join an affiliate marketing forum like Digital Point, Warrior Forum, or a BestWeb. Forums allow you to interact with other affiliate marketers who can provide you with the tips and tricks you need to help you succeed, thereby enabling you to earn a higher income at a faster rate than if you try to figure out affiliate marketing all on your own.
So, what is your opinion now? Do you think above 6 Quick Steps can help you to Start Affiliate Marketing? If you have more ideas, please leave your opinion.
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Jamil Ahmed is the CEO of “Reinforce Lab”. He is a Pharmacist with experience of working in several pharmaceutical companies for over 5 years in International Business. Jamil Ahmed (@ahmedjr_16) is a Digital innovator, Personal Branding, Small Business, SEO marketer and Marketing consultant. He was named as the Top 3 Business Intelligence Marketing Influencer in 2018 by Onalytica. He was also Top 20 eCommerce Online Seller & Influencer by SaleHoo and Top 8 eCommerce Influencer by FitSmallBusiness. He regularly shares his tips and tricks for effective Personal Branding, Digital Marketing, Social Media Marketing, Small Business, Entrepreneurship, and Latest Technology Integration in Business by building relationships, and by telling stories. Read more about him.