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What Is Affiliate Marketing? How to Start Affiliate Marketing? and How to Find a Niche?

Debayan Ganguly (Dev Ayan) is an MBA with 2 years of experience in B2B sales. He likes to share his learnings through blogs and videos.

what-is-affliliate-marketing-how-to-start-affiliate-marketing-and-how-to-find-a-niche

What Is Affiliate Marketing?

Since the time I began creating content, I came across Affiliate Marketing from my peers and coaches. Affiliate Marketing helps you earn when you sleep. If that intrigues you, I must tell you; you are not alone. Even I was attracted to the proposition of earning while I sleep.

I then began doing my research, reading blogs, watching YouTube Videos, asking around, and in this blog, I will share what I have learnt so far.

Affiliate Marketing is where you promote or recommend your products to your followers and get paid a commission. The payment could be in terms of the number of sales, lead generated, or you may be paid in terms of clicks you generated.

The companies will generate a link dedicated to you, and when your followers use that link to make a purchase, you get a commission. You need to have a large following and a community of loyal followers to be able to scale up on your affiliate income.

This method is beneficial for both Companies and their affiliates. The companies will pay only when they get revenue; they will not have to invest in advertisements without any conversions. Some popular companies like Amazon, eBay, Rakuten have their Affiliate Programs.




How to Start Affiliate Marketing as a Beginner?

If you are new to Affiliate Marketing like me, you can follow these steps to begin your affiliate marketing.

1. Whom to target?

It would help if you had a niche. You can't sell everything. You can sell beauty products by targetting those customers or sell gadgets by targetting tech geeks.

Know what you are comfortable selling, what you use in everyday life, and can convincingly share it with your followers.

2. Where to do?

Affiliate Marketing can be done on any social media, on any platform. Understand what you are best at, where the target audience is for the content you make, whether you understand the algorithm of the platform or not.

Some of the tried and tested platforms for Affiliate Marketing are:

  • Blogging
  • YouTube
  • Website

You can also use Facebook, Instagram and other social media to do so.

3. Join an Affiliate Program

If your niche is small, you may have a few high paying affiliates; else, you can go for massy affiliates that pay less compensation and attract high volume.

You need to create then content related to your niche and that product regularly.

Some Websites having Affiliate Programs are:

  • Amazon
  • eBay
  • Rakuten
  • Meesho

4. Get Traffic

Once you have everything set, you need to bring in traffic to your content/website. You can do SEO for your content, or you can go for paid marketing. Before going for paid marketing, remember not to spend so much that you don't reach break-even sales.

5. Convert Traffic

To convert the traffic who visit your content in sales, you need to strategically place your affiliate links so that it catches their eye and doesn't affect the consumption of the content.


How to FInd a Niche for Affiliate Marketing?

There are many ways in which you can reach out to people. People love knowing about

To find a correct niche for your affiliate marketing, you need to analyse what you are good at, what value you can provide, and what value people are looking for on the internet. At the juncture of these answers, you will find your niche.

Once you find your niche, try solving all their problems. Do good research into their issues and the related keywords they search for. Try to address those problems through your content.

Find Your Niche

what-is-affliliate-marketing-how-to-start-affiliate-marketing-and-how-to-find-a-niche

Things to Keep in Mind While Doing Affiliate Marketing

So you are enticed to start your Affiliate Marketing program. Before jumping into it, I will have to ask you to stop and think a few things through. I don't want to sound pessimistic, but I need to warn you as I don't want my readers to harbour a false dream, make mistakes, and face disappointment. I made a few mistakes while doing Affiliate Marketing without giving it much thought, and I don't want you to do that.

Here are a few things you need to keep in mind:

1. You need to have a community of loyal followers.

How are you going to sell if you have very few people listening to you? Start building a community, build loyal followers and then pitch your links. My teacher once told me, 'People love to buy things, but they don't like being sold'. So you need to be very careful while doing Affiliate Marketing. Don't sound like a salesperson. People hate that.

2. Provide Value first.

Continuing from the first point, to build a community, you need first to provide people value. It can be educational content or entertaining. People will choose to follow you only when you give them some value. Decide on what is the thing that you can provide, what you are good at, and what people would like to consume. You can then blog about it, or create a video or share it on your website.

3. Sell relevant products.

You can sell physical or digital products, but whatever you sell has to be relevant to your niche. It has to be in line with the content you provide, and its presence should feel natural.

4. Sell the products you are well versed with

You are responsible for your words and action. Your community will believe you for your words. It then becomes your ethical duty to talk about the products you have used personally or are sure would benefit your customers. Don't advertise for the sale of money; you won't be in the game for the long term. Sell only the products you have received value from and would want your followers to receive value from.

5. Most importantly, be honest, be yourself.

Internet is filled with junk. Don't be just another litter. Instead of imitating, try giving a differentiated value to your community. Try having your elements there. While the things that you say will fetch your viewers, but it is your personal touch that will retain them. Be true to yourself, and be faithful to the art of content creation.


Watch my Video on the same topic

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.

© 2021 Debayan Ganguly

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