Yes, it works really well if done the right way. It takes some time if you start it with no money.
Here’s an easy graphic to help you better understand how affiliate marketing works:
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Percentage of sale price is another way you can get paid. This is the most common and commission rates vary widely. If you are promoting a product that costs $100 and you will earn a 10% commission with that affiliate marketing program then you would earn $10 per sale.
They probably get these types of emails every day and even working with some affiliates already. So you need to be a little bit creative in your approach when asking them to join you as an affiliate.
Share a sale, and ClickBank are two of the easier affiliate networks to get involved with.
The beauty of being an affiliate is that most of the overhead in building a business is taken care of for you – you send traffic and you get paid a portion of all the sales that happen as a result of that traffic.
The actual mechanics run in the background, thanks to the merchant’s affiliate software.
I always recommend beginners start monetizing with affiliate marketing because it’s the best way to earn money with the best risk and reward ratio.
Your site loads fastYou provide sufficient information to help your customers buy the product they wantYou display impressive, high-quality product photos that grab your visitors’ attentionYour product descriptions include engaging copy that speaks of your brand and tells them why they should buy from youYou should clearly feature customer reviews to build trust
Now, I know this advice is somewhat controversial and not all bloggers recommend it. A round-up blog post may come across as salesy and pushy – but it depends on how you write it.
The most fool-proof way to build followers base is by sharing valuable information on your social media account, every day. Of course, don’t start by sharing your affiliate link right away, you have to build authority first. 5 Ways to Get Started with Affiliate MarketingHow to Promote Affiliate Products On Facebook – The Ultimate GuideHow To Promote Affiliate Products on YouTube – The Ultimate Guide
The next step in building your affiliate website is to choose the best hosting platform to host your website.
These searches likely come from both brands and affiliates as affiliate marketing can help them both grow.
Once you have found a product to promote, you can search the Internet for forums dealing with the topic associated with the product or niche you are promoting. For example, if you promote a piano course, you can see if there are forums where people talk about learning to play the piano.
“Pinterest is an amazing source of traffic for affiliate marketing because it can help drive visitors to your website on a daily basis,” says Latasha Peterson, Side Hustle Coach and Pinterest Strategist. “When visitors from Pinterest click on your Pinterest pin images they will be directed to your website which can help boost affiliate sales.”
We’ve already mentioned how important it is to have a great product and an outstanding customer service. These are the two factors that strengthen customer loyalty, help build a customer base and, eventually, lead to word-of-mouth references. These references, in turn, will bring new customers you can later turn into affiliates.
That’s how you do the research. But before we move on, I do have a bonus tip for you…