I’ll explain what affiliate marketing is, how it works, and why you should get started with it today—and I’ll help you get started as well!
Affiliate marketing is all the rage right now, and it doesn’t seem to be slowing down any time soon. What makes affiliate marketing different from other forms of marketing?
It’s the fact that you can make money online without ever having to run your own site or even sell anything if you don’t want to! In this article, I’ll explain what affiliate marketing is, how it works, and why you should get started with it today
1. How to Choose a Product!
Pick a niche and don’t stray too far. There are a million affiliate marketing products, so it can be tempting to spread yourself too thin by trying to sell everything under the sun. Instead, choose one or two niches and focus on them.
You might lose some sales that way, but you’ll make more money in the long run. You also want to make sure you have a product you can stand behind 100%. You should never write about something you wouldn’t use yourself or pay for out of your own pocket if someone asked what you thought of it.
When you’re starting out as an affiliate marketer, it’s hard to know exactly which products will work best for your audience. That’s why we suggest first doing content research: looking at top-performing articles within your target industry from publishers like CMI and Moz.
This will help give you insight into how well certain topics resonate with readers and how much competition there is from other marketers. This step alone could save you weeks of wasted time down the line. Once you’ve done that initial research, settle on a topic (or set of topics) and then start brainstorming potential products around those themes.
2. How to Select an Affiliate Program!
First, do some research on which affiliate program you want to be a part of. If you’re familiar with a specific brand or retailer and their products, it’s easier to select an affiliate partner.
However, even if you don’t have a brand preference or you are unfamiliar with product category(s), there are plenty of ways to search for potential programs that may best fit your niche.
You can also shop around at multiple websites to make sure you are receiving competitive commissions. Another way is to ask friends and family about what affiliate programs they use; many will not only offer advice but will also help you sign up as well.
Once you’ve selected a program, apply for an account by filling out a short application. This application usually just requires basic contact information such as name, email address, and website (optional).
Some applications may require you to answer additional questions in order to qualify; others may allow automatic approval depending on how high your conversion rate is.
Once approved by an affiliate manager, most programs provide initial setup assistance—such as links or banner ads—to help get you started with building traffic and earning income from your new affiliates' business.
3. How to Create an Account and Start Tracking Sales!
In order to start making money on your website, you’ll need an account with a popular affiliate network. There are tons of these around; I use and recommend Commission Junction.
Once you have an account set up, make sure you are tracking your sales. You can do that by creating codes or ads that generate unique links for each product you sell (this is how Amazon does it). Or, just give each product its own URL (which will then direct customers to one place where they can purchase your products).
It’s easiest if you put everything on one page and then link back to individual products from there. Just make sure you aren’t sending people all over town! That leads me to my next point...
4. How to Promote Your Links!
The best way to gain your first affiliates is through content promotion. The easiest way to promote your links is by reaching out to people who have linked them out in their own content.
Reach out via email and ask if they’d be willing to share your posts on social media, or on their own website (with a link back). Some may say no, but some will say yes! If you don’t have time for emails, you can use services like HARO.
To maximize clicks, make sure your post is relevant to what they are writing about. There are tons of online tools that allow you to track keywords so it's easy to see which terms bring traffic to you.
For instance, Google Alerts can alert you whenever a new piece of content that mentions one of your keywords goes live online. Keep an eye on those alerts, then reach out to bloggers when something comes up that matches your niche.
If none of these options work for you, there are dozens of affiliate networks. You just need to pick a category in which you want to promote an offer; once signed up, you’ll be given multiple offers from different companies/websites within that category (like travel deals), and when someone purchases one from you after clicking through from your site—you get paid! Easy peasy.
5. Common Mistakes Beginners Make!
Knowing where you are going is half of getting there, but it’s also half of making sure you don’t get lost along the way.
When first starting out in affiliate marketing, many people make some common mistakes that can get in their way. Read on how to avoid them!
Mistake #1: Thinking You Can Spend a Little and Make It Work (But For Sure). As any wise marketer knows if you want something done right...it probably isn’t worth doing yourself. The success of your business hinges on understanding what works and what doesn’t—and then sticking to it.
This rule applies especially well when first launching an online endeavor; why spend time and money experimenting with what you might do when the time will only tell?
If you have no idea how to succeed as an affiliate marketer, I suggest you ask someone who does know what they’re doing. There are plenty of companies out there looking for affiliates; just look at joining as affiliates or cool home-based businesses.
It’s important to remember that becoming an affiliate is a business and should be treated as such. While it might seem like a quick way to earn money, you should also be prepared for long hours and hard work as an affiliate marketer.
Remember, not all businesses will take off overnight, so make sure you have some patience.
This content is accurate and true to the best of the author’s knowledge and is not meant to substitute for formal and individualized advice from a qualified professional.
© 2022 Madhu R Padalaa