What is Affiliate Marketing? How to Make Money with Affiliate Marketing

Did you know there is a growing affiliate marketing industry around the world, growing at an impressive rate of over 15% every year? This means that if you’re willing to invest, as little as $5 a month, in becoming one of the most successful affiliates marketers on Earth, then earning money online is right up your alley. You’ll be glad, you’ll be super excited and you may even want to buy some shares just for your excitement. Don’t worry though, I’m going to walk through what it means to become a top affiliate marketer with examples from my own life, so we can get started right away!'

Affiliate Marketing vs Other Marketing Content

When you think about how much effort and time you spend on other forms of content creation and distribution, it makes complete sense. However, when you think about affiliate marketing, you’re probably thinking, “But what does this have to do with anything else that I am doing or creating?” There are two main reasons why this is an awesome thing:

Affiliate marketing is not easy work – if that sounds funny, imagine that you’re sitting down to write a piece on blogging that you had never written before. Imagine that you’ve spent hours upon hours writing the article, but the page has crashed, and nobody wants to read it. Instead, though, you decide to give someone else a chance, you put out a very short advertisement on Facebook for a product of theirs. That ad ends up getting millions of impressions, and everyone who clicks on it gets their hands on a small chunk of cash. You take a commission of 1-for-1 sales where you earn a predetermined percentage commission and let’s say you sell half of them. The only downside to this is the cost of promotion, which typically ranges anywhere between 2.5% - 5%. But don’t fret because all it takes is one well-crafted post to make you a top affiliate marketer.

Affiliate marketing provides low barriers to entry. If you have the skills and the ability to generate traffic quickly and consistently, you won’t need much to start making money online with affiliate marketing. At least, that’s true if you’re good at selling your products or services. For example, you can monetize your website by having ads placed at the bottom of most articles that you write. Or, you could also use a WordPress plugin such as Adsense and insert an affiliate link with each article that you publish as a part of a blog. Once your visitors click on those links, they earn commissions of either 3-8% per sale, depending on how long the article remains live. And let’s not forget about email advertising, which is another way to earn money online with affiliate marketing! All of these options come with an inherent low barrier to entry, which helps make affiliate marketing a great way to generate passive income. No more than $0.05 a month or less is needed to become full-time earners with affiliate marketing!

Affiliate Sponsorship

Affiliate marketing sponsorships provide an opportunity for people in many different industries to sell their brand name products or services as brand ambassadors to promote their products all across social media platforms. After all, they only pay for sponsored posts, where they charge a fixed budget. So, if you have a great affiliate marketing program, you can easily sponsor others to share their brand names and sell their products directly to consumers for a fixed amount. As a result, you essentially help out local businesses, or even national companies that seek to sell their products to a worldwide audience. Think about it, there are hundreds of brands that create powerful advertisements using free text to promote their products! It”s no wonder they would like to collaborate with an established affiliate marketing company to push their brand name everywhere possible!

Affiliate marketing offers multiple opportunities for people with a variety of interests. When it comes to affiliate marketing, anyone can be involved in making their income in any field. Most importantly, however, becoming an affiliate marketer doesn’t require too much commitment from you, making it a great option for everyday people. Because if you love helping other people and you enjoy working with people you want to see succeed, then you should absolutely jump onto the affiliate marketing bandwagon and start today!

How Do You Start Making A Lot Of Income From An Affiliate Marketing Business?

If you want to learn something new about affiliate marketing or decide that you want to try your hand at promoting yourself with affiliate marketing, then check out these 6 tips that will help you start. They will teach you everything you need to know in order to start off as an affiliate marketer earning thousands a month!

1) Understand Your Audience

First thing first, understand your viewers! Who are we, who are our customers, and what does making their shopping convenient mean? These questions should be answered before you sign up for affiliate programs. Understanding who your target audience is, along with defining your niche within a certain context, is crucial. You might think that all of Amazon is for the customer, so let’s split these potential readers into 3 sections:

(1) loyal shoppers;

(2) early adopters (early adopters who are very active and want to purchase); and

(3) people who aren’t yet ready to purchase the product. By splitting the viewers into these 3 segments, you will be able to determine what kind of posts they find interesting. Also, understanding which keywords they use and find relevant (e.g., “SEO-friendly Blog”, etc.) and how they relate to your business is important for your SEO efforts. As a matter of fact, finding relevant keywords and optimizing titles is often an uphill battle, since you want them to rank for keywords with high search volumes. Remember, SEO can be challenging, especially when you rely on keyword analysis tools to find keywords that are less competitive because of their lower position in search results. Therefore, picking keywords with higher rankings will improve both your domain authority and your ranking.

2) Choose Right Product(s)

In my personal experience, I have found that purchasing quality products is highly important to me. In addition to knowing the benefits of investing in a specific item and what it does to the user, there is a lot of research that goes into making sure that you choose a high-quality product over a cheap copycat product with similar features. One excellent technique for selecting products is to compare the price of similar products over a period of time. If the price of a competitor is increasing at the same pace as yours, it might be wise to consider switching away from them instead of going to a better source of value for money. Always keep in mind that it depends entirely on the type of product you are buying. Quality is the primary factor in deciding whether to switch to a new product or not.

3) Be Aware Of Competition

The question is, who is the biggest competition? I would argue that people are competitors at any given time. Whether it’s you against your friends in college who are constantly uploading pictures to Instagram; people who are searching online for information on topics that interest them. Or, in the real world, your neighbors, your boss, maybe even your closest friend. Any number of people are competing for consumer attention and for business, leaving little room for innovation and creativity to flourish. Many times, it seems the only logical decision to be aware of these competitions and learn the lesson that those wins are minor compared to the losses that you end up losing by being wrong about the product you are trying to sell.

4) Use Good Keywords

Keywords are words that the Internet uses to describe its products. Even before the introduction of Google searching, keywords were used by people searching online daily for particular items that they wanted. Over the last 20 years, there have been dramatic increases in the use of keyword optimization software that was designed specifically to help websites increase their keyword ranking. While keyword optimization is critical in succeeding with affiliate marketing, there are plenty of SEO tools that help boost your keyword rankings. Here are a few tools that you can use. Try these SEO tools today and expect a huge boost in your site’s keyword rankings.

5) Understand Why People Buy On Social Media

With lots of social media apps being released daily, it’s almost impossible not to be influenced by trends that come in from popular social networks. Since social media is constantly changing, you should always stay on top of social trends. Although it’s tempting to stick with one form of the social network over another, there are many ways to change your whole approach. Find new social media platforms every day and build your relationships there. Follow bloggers and influencers that you think you’d like to interact with in order to build a connection with them so that you can become an influencer yourself. Join groups and communities to see how things work around these platforms and learn from them. If you get discouraged by seeing some cool social media profiles, then you should consider dropping that profile and building new ones instead.

6) Build Backlinks

Backlinks are essential to affiliate marketing success. Every single affiliate publisher in the world is connected to a large database of web pages. Simply by visiting any website on the internet, you are provided content in return for recommending that webpage to others, therefore, making backlinks essential for success in social media marketing. Although most people aren’t interested in a link in their URL, there are tons of sites out there that pay to receive a link back from a publisher in exchange for referring people to their webpage. Many different types of sites offer backlink programs. Search engines like Ahrefs collect valuable data to determine the credibility and relevancy of web pages. Just by clicking on a link that appears in a list of links,