When it comes to launching an online business, most people feel discouraged and get confused about where to start. But don’t worry because today I am here to show you the complete guide to start a successful affiliate marketing business.
By the time you reach the last few lines of this article you will be fully capable to make money online, it’s beginner-friendly and doesn’t require any money. So keep reading to learn how to make money in your sleep.
A. what is affiliate marketing?
B. what are affiliate links and cookies?
C. single vs recurring commissions
Affiliate marketing is simply the idea of promoting other people’s products, you are rewarded with a sum of money (commission) when someone buys the product through your affiliate link.
In general, affiliate marketers benefit the company as they are helping the company to make more sales. (you can also say that an affiliate marketer does advertising for a company)
Getting started with affiliate marketing is super easy because you don’t have to have any special computer skills nor do you have to worry about creating or buying any products.
In fact, the majority of the successful entrepreneurs started making their first bucks from affiliate marketing. And with the right actions, anyone can make 6 figures from affiliate marketing.
When you join an affiliate program (eg. Amazon affiliate, Clickbank affiliate, etc) you can have your own affiliate links, via which you will promote the product.
The links are mainly used to track sales and clicks
when someone clicks on your link a small file called a cookie is stored in their device, affiliate programs of different companies have different cookie durations (eg. Amazon provides a cookie duration of 24 hours, but ClickBank for 30 days, etc). so if the buyer purchases the product within the given cookie duration of the company, you will receive a commission.
We can also refer to it as “how long the affiliate link works after the person has clicked it”
The best thing about long cookie durations such as 30 days, 50 days, 120 days, etc is that you can earn the commission even if the buyer purchases a product after a very long period of clicking your affiliate link.
And the buyer can purchase any product, not only the product that you promoted. And it will still qualify for a commission.
Thus, the longer the cookie duration, the better for the affiliate marketer.
Single commissions are one-time commissions that you will receive once a buyer purchases the product which you promoted. (it’s simple and the basic form of commissions most affiliates use)
However, what if I said that you can receive a commission every month even if a buyer purchases the product once? This is called Recurring commission, which means that you are paid lifetime commissions every month for only one sale that you made.
Not all products provide recurring commissions, but when you are about to get your affiliate link for a certain product, there will be options on whether you want to choose a Single commission or recurring commission.
And remember that when it comes to “how much money can I make from affiliate marketing”, the sky is the limit. The more work you put in, the more money you make in your sleep.
Steps to Getting started with affiliate marketing :
Step 1. Choose a niche
Step 2. Choose a profitable affiliate program
Step 3. Find a good product
Step 4. Promote the product (most important step!)
A niche is the particular category/topic on which your business (affiliate market) is based. Let’s say you are promoting weight loss supplements to your clients in your affiliate marketing business so you are said to be in the Weight Loss Niche. Similarly, if someone is promoting baby products (baby foods, nursery items, baby clothes) then they are in the Baby Niche.
Sometimes the Niche you choose is going to affect how your affiliate business goes on.
· Choose a niche that you are interested in and you know about. I suggest you list out all the things that you are interested in and then narrow it down to only 1 niche for getting started with affiliate marketing.
· Choose a niche that focuses on a specific category. Let’s say you want to choose the fitness category but this is a large industry and has a lot of competition, making it harder to rank on so it’s better to go for a specific niche, such as weight loss (going for keto is a great idea too)
Now, if you say that you want to work in all different niches and promote many different products from different niches, that is going to be more than difficult for you, at the same time you are not going to get any sales. There are many reasons for this but most importantly because you won’t get any traffic to your affiliate links(related to Step 04)
The majority of the companies around the world have affiliate programs. But each one is different, they have different cookie durations, different commission rates, and even different type of commissions(single and recurring)
Here are some of the best affiliate programs to choose from:
1. Clickbank: now, Clickbank is not a product, instead, it’s a marketplace from where you can choose products to promote. once you sign up for Clickbank as an affiliate marketer you can then have your affiliate links to promote.
ClickBank has a large selection of products to promote from,
Pays very high commissions per sale you make,
Cookie duration: 90 days (great !)
however, the only drawback is that it’s not available for a few countries
2. JVZoo: it’s a large free affiliate network for affiliates to promote products from.
JVZoo also has big commission rates.
And it is allowed in most countries.
Cookie duration: 24 hours only
3. warrior plus: this affiliate network is also available worldwide and it is great for beginners with a Cookie duration of 60 days which is awesome. It also has a great number of products to promote from.
4. CJaffiliate: CJ is one of the best affiliate networks that you can join easily. There’re tons of products to promote from.it has a cookie duration of only 24 hours.
5. You can also become affiliates for your favorite brands such as:
Shein affiliate, Sephora affiliate, Adidas affiliate, Gucci affiliate. Etc
How to find and join the affiliate programs?
Just google: (name of the brand/marketplace) affiliate program and then sign up for their affiliate program.
You can choose the correct product which will attract more people to your affiliate links only with these simple but effective tips that I will share now.
Firstly, always try to help your clients and solve their problems. For example: if you are in the weight loss niche then your clients are of course those who are trying to lose weight, now don’t go for promoting the most high-priced product just so that you can earn a high percentage of commission from it. With this kind of mindset, you will NEVER succeed in building a profitable business online. Search the internet and find a product that will help them to solve their problem which is to lose weight.
Tip 01: be aware of choosing a product that is directly connected to your niche
Tip 02: don’t go for too highly-priced products because most of your clients will not consider buying them and they will also lose trust in you as you are not thinking about their budget.
Tip 03: promote top-selling and trustworthy products which have a lot of good reviews. This way your clients will know that you are providing value and helping them with their problems which will help you gain trust from them.
Tip 04: and lastly I want you to see the product from your client’s perspective and ask these few questions to yourself: is this going to solve my problem? is it too expensive? are people who purchased this product satisfied with it? would I buy this product if I had the same problem?
Alright, now let’s move on to the next step, upon which it mainly depends how much money you’re going to make from your affiliate marketing business.
Promoting your affiliate product means bringing traffic to your affiliate links.
Traffic: the number of people who visit your website or social account.
when getting started with affiliate marketing it can be quite confusing and tough at the same time to drive a good amount of traffic to your affiliate links. But calm down because I am here and trying my very best to help you start a successful online affiliate business.
There are two ways to get traffic:
2. Paid traffic
social platforms like Facebook, Linkedin, etc. also allow you to create groups that are highly effective to get a good number of customers easily for your affiliate links. Always remember that the more valuable your contents are the easier it will be for you to gain trust from your customers and also get sales. So don’t go for spamming, instead try to help your audiences with their problems.
You can use platforms like WordPress, medium, GetResponse, blogger etc to write your blogs or create a website of your own easily within minutes. Most importantly, managing your website SEO gives you long-term results when you will keep getting unlimited sales without putting in much work. Seo requires keyword research which helps you find keywords related to your niche that aren’t too competitive to rank on.
I believe that GetResponse is the best because it provides you with a lot of resources and you can build your very own website within just 15 minutes without you having to do much work. GetResponse Website Builder creates a website for you using advanced AI.
2. Paid traffic
Paid traffic is when visitors land on your page via clicking an advert
These are the best paid traffic sources for affiliate marketing:
PPC is a form of advertising in which your site is advertised directly on other websites. when you use PPC, you only pay when someone actually visits your website.
These advertisements mostly appear in search results, directing users to related content based on their search words. This form of PPC ads will help you get more traffic from users looking for common keywords in your niche
Google ads is a great place to start PPC with.
Advertising on social media allows you to target audiences who want content related to your niche. You can target your ads directly to those that are most likely to be interested in matching your affiliate niche with unique keywords, hobbies, and interests.
Examples of social media ads are Facebook ads, Twitter ads, Instagram ads, etc.
The most basic forms of online advertising are links and banners. Plain-text links and image-based banners will direct visitors to your website. This form of ad is perfect because it can be used almost anywhere: on blogs, social media, emails, etc. Banners are good at grabbing the reader’s attention due to their visual appearance.
Finally, I would like to say that like any other online business, affiliate marketing also requires some hard work and patience. Yes, it’s possible to make 6 figures a month with affiliate marketing but keep in mind that money doesn’t come that easily, you have to work hard and be patient because without hard work there’s no success.
once you have gained a good number of followers you can then automate your affiliate marketing business which will require you to work less.
to sum up, you have to first choose a niche, then choose an affiliate program to join and get your affiliate link for the product you want to promote then create valuable content (posts/videos/blogs, etc) then generate traffic to your affiliate links by the methods mentioned above.
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