They are the four parties involved in affiliate marketing. But when it comes to the question of how to be an affiliate marketer, ultimately, only the merchant and the affiliate is involved.
Affiliate marketing is less stable than other ways to make money blogging, though, Lizard cautions.
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We've already told you about email marketing's ROI so it should come as no surprise that we recommend you build an email list. Unlike your list of social media followers, you own your email marketing list. So, if your social network decides to stop letting people use it for promotion, you'll still have access to your email list and can use that whenever you want.
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As a test, go to the Google search bar, type in your favorite product and then the word “affiliate” afterwards. Chances are, you’ll get a hit. (I was seriously blown away that there were so many products being promoted by so many people when I realised this!)
Start by reviewing products and services in your vertical. This will build trust with your audience and establish you as an expert in your niche. Be sure to let your audience know why they would benefit from the products you're reviewing (or why they should stay away from them). Once you have some product reviews under your belt, add product comparisons into the mix.
Affiliate marketing rids the process of making a product as well. It makes you avoid the difficulties of finding the ingredients, materials to make the product, testing it, manufacture it, and all the legal procedures.
Among the most popular content management systems is WordPress. WordPress itself is free and is designed to be very user-friendly for amateurs. You can edit a lot of things with just a few clicks. There are tons of free themes that will give your site a unique look and lots of plugins to provide any functionality you like. Setting up a website might seem like hard work but the WordPress community is very DIY driven and there are heaps of guides and friendly people around in the WordPress community. It’s also important that you know how to do-it-yourself so that you don’t have to pay for a developer every time you need something changed on your website.
Spending some time answering a handful of questions each day can establish you as a resource, gain more followers for you, and drive additional traffic to your site.
You have to trade getting paid hourly for your work (instant gratification), for maybe getting paid months after you do the work (delayed gratification).
We hope that this guide helped you learn the basics of affiliate marketing and set you up for future success in the programs of your choosing.
What’s more, you can also segment your list; this means you can create multiple lists based on your subscribers’ behaviour (such as the forms they subscribed to and the links they clicked from your older emails).
Heck, you can write an eBook or promote and “soft-sell” your affiliate products on social media platforms. There are a ton of ways that you can run your affiliate marketing business.
Following that, you’ll be guided through the process of targeting and finishing your ad, including photos and copy. But, first, decide on a target for your advertisement.
Here, I’m doing a simple calculation for you to give you a hint of your potential income. Amazon offers 7% for handbags, and I assume you’re getting 1k visitors per month.
FYI, the affiliate program of Amazon is called Amazon Associates. It’s the world’s biggest and most popular affiliate program.
You'll want to pay attention to the payout structure when choosing an affiliate program to join, which ultimately depends on the goals you have.