So, Just What is Affiliate Marketing? The Beginner’s Guide to a World of Opportunity – How to Start Affiliate Marketing
One of the first things you’ll find searching online for money making opportunities is affiliate marketing. This is an industry with explosive growth rates set to soar to almost $7 billion by 2021 from $3 billion today. Don’t you want a piece of that lucrative pie? Then read on, because the full low-down is right here!
Are you dreaming of a lifestyle where you can work from home on your own terms? Are you excited by the endless possibilities online jobs offer, but find yourself lost in those endless possibilities?
Affiliate marketing is one of the oldest types of marketing out there – and it’s been around long before the internet was a twinkle in anybody’s eyes.
If you have ever referred someone to a product you use and then they bought it based on your recommendation, you’ve successfully marketed that product. When you get something in return for it, you’re an affiliate. It’s as simple as suggesting a website to someone and then getting a little thank you coupon.
Affiliate marketing takes this concept to the next level. Instead of coupons, you get commissions – and with some commissions being as high as $10,000, this is one industry where a successful marketer can make a killing.
How Does Affiliate Marketing Work?
There are many different programs out there, but there is a basic model that can be applied to almost all of them. Let’s take Amazon’s affiliate program, one of the most popular and certainly one of the best affiliate programs out there.
First, you need a website that recommends products on Amazon. The best way to do this is by targeting a niche. Let’s say power tools, although you can pick any niche you like.
Second, you need to be a member of the Amazon affiliate program. By using your personalized affiliate URL to link back to products on Amazon, you’re letting Amazon’s complex algorithms know you’re an affiliate – and any purchase from anyone using that URL for the next 24 hours gives you a nice commission.
Better yet, you get a commission for the entire shopping cart. So if they buy one power tool, a fridge, a TV, and a table, you’ll get commissions on everything – not just the power tool. It can all add up, and rapidly!
You make money by attracting traffic to your website and then funneling them onto Amazon to make a purchase. You don’t need to stock anything, and you don’t need to sell anything – you simply pocket the commissions!
This is just one example – there are hundreds of thousands of companies offering affiliate programs out there with their own tweaks to this formula. Just remember that your job is to send them leads and collect the money!
Sounds Easy Enough… Got Any Affiliate Marketing Tips?
There’s a reason affiliate marketing is so popular – it’s a no- to low-cost way to get started and can be lucrative. However, don’t make the mistake of thinking that it’s easy – you’re in competition with a lot of other people!
First off, you need to pick a niche. Don’t pick something generic like “health and wellness.” Pick something more focused, such as “kidney health.” It’s also a good idea to start off in a niche that you’re passionate about, as it will make the work a lot easier.
When you’re picking a niche, also try to judge whether it is a profitable one – after all, you don’t want to spend months working in a niche with no audience! Your audience will find you if you post valuable content – and lots of it.
Creating valuable content doesn’t have to be hard. If you’ve picked a niche that you love, you’re already knowledgeable about it and can offer actionable advice, content, and great reviews that keep others coming back. The more you have, the more Google ranks you, the more traffic you get, and the more profits come to your bank account.
What’s valuable content? You know it when you see it – if you’ve ever clicked through to see a page that’s useless and irrelevant, you immediately leave. If you ever feel that way about your content, it’s time to switch it up.
Can’t write? Then head over to a website like Fiverr, where you can find writers for $5 upwards! That is an affiliate link, and if you sign up and buy, the affiliate marketer (in this case, us) will make $5 in commissions – and you can do the same thing.
See how easy it can be?
You will also want to promote on social media to maximize your visibility and chances, directing people to your affiliate marketing websites – you are not limited to one, the sky is the limit!
What are the Best Affiliate Programs?
I’ve already told you about Amazon’s amazing affiliate program [and shown you how easy it can be to make a commission using Fiverr]. There are hundreds of programs available in the United States alone, with many more worldwide.
Not all are created equal, and picking a good one is critical – due diligence is a necessity. The best affiliate programs offer high quality products; things that people want to buy and that they love.
There are also many high-ticket affiliate programs out there that you can join. These high quality, big money programs offer significant money in commissions that can give you a five- or six-figure salary. Don’t think that because you’re new, you can’t join!
However, for a beginner, one of the best tips I can give you is to start smaller and cut your teeth on smaller programs. The best affiliate program for a beginner is one that helps you to learn as you earn, and there are affiliate programs such as My Lead System Pro that do just that – and as a bonus, you’ll also be in a community of your peers!
One final thing to note is that you should never pay to join an affiliate marketing program. If you see that red flag anywhere, leave immediately. It’s a sure sign of a shady affiliate marketing website that’s out to make a quick buck – out of you. Note, however, that programs like My Lead System Pro do have a cost attached, but that cost is due to the incredible free website and training library that are available to you (affiliate commissions are just a side benefit), see our review of My Lead System Pro.
Why should you pay just for the privilege of getting commissions when there are so many micro-opportunities available through sites like JVZoo, Clickbank, and Commission Junction available to join absolutely free?
Is Affiliate Marketing the Right Work from Home Opportunity for You?
Ultimately, this is a question that only you can answer. Affiliate marketing is a great way to build a passive income once you have everything in place and traffic is constantly coming to your affiliate marketing website and buying.
However, getting to that point can be hard. This is an industry that requires you master a lot of skills; skills such as content marketing, social media marketing, SEO, and even video marketing. You’ll also have to build trust and authority while fighting for your space in a business that is getting more competitive with each year.
However, if you take the time to build your business properly, you will be able to build multiple websites in multiple niches, increasing your monthly passive income to the point where you can finally enjoy a lifestyle of financial freedom.
Is that worth it? Millions of people will say “yes!” and you can join them.
Get started on your journey to becoming a successful affiliate marketer today and get our free training. Packed with advice from successful marketers, this training helps you to leapfrog over typical “newbie” mistakes and start earning your first commissions!
CLICK HERE to join the world of successful affiliate marketers….and you can operate your business from wherever you want….it will ask you for your name and email address and then give you immediate access to the training you need!