So, now that we’ve got all of the basics out of the way – how exactly do you get started with affiliate marketing?
Over the last few years, WordPress has become a considerable dependency for bloggers and affiliate marketers. The popularity of WordPress has been growing since its birth, and there’s no sign of declining its reputation.
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Long term affiliate partnerships can be frustrating sometimes as it works on the pre-decided standards and scale of commission to give. Negotiation of product prices can’t be done in this market. This gives little control over commission rates, which are often set by the company. For example, the Amazon Associates Affiliate Program pays a certain percentage based on how much to sell and it is non-negotiable for years, which also depends upon the agreement.
However, knowing how to write a blog post, string a great review together, or do video are all a big plus because they mean you don’t have to pay for content in the beginning. Also, any existing marketing knowledge you have will be a great advantage to you.
There's nothing wrong with choosing option a) for now. Some affiliates say you shouldn't bother too much about your site's aesthetics because, at this point, there's nothing that can draw visitors to it. What's more important is to get started on creating content.
There’s no limit to what you can earn with affiliate marketing. It’s up to you to learn how affiliate marketing works and see how far you can scale this incredible business model. The program you’re promotingThe conversion rateHow many visitors you’re sending through your linksThe buyer’s motivation
You also have to meet a certain payment amount for your payment to be released. Therefore, make sure you read all terms before signing up for any affiliate program.
While, if you have a site in the local lead gen business. Like a site that’s focused on solar panel installations, or home security systems, then you may be getting paid per lead.
Of course, I’m not the only one who’s been successful in this type of model. Plenty of influencers are known to build their websites around niche market. Some of the biggest names that I am sure you have heard of include Pat Flynn (Smart Passive Income), Mark Wiens (Migrationology), Darren Rowse (Problogger), and more.
https://www.amazon.com/?&_encoding=UTF8&tag=gatheringdrea-20&linkCode=ur2&linkId=e92ada7feaec07a9e626003220d10c16&camp=1789&creative=9325
According to the Federal Trade Commission (FTC) and EU General Data Protection Regulation (GDPR) laws, you need to do this clearly BEFORE a reader would click on your affiliate link.
In Step 1, you selected a product category such as Electronics, Beauty & Apparel, Home Furnishing, etc. Now you need to choose a product. If you already have a list of selected products, just search for the product name in the provided search box.
You just need to find and promote products that are in line with the interests and needs of your audience.
I’ve used both and love both options. I would highly recommend either as you get started on your journey.
Amazon products, in particular, are an easy way to get started. Many newbies begin by becoming an Amazon affiliate and then scaling to other types of more profitable affiliate offers.
For those of you just starting out with affiliate marketing, drill down as specific as possible after shortlisting 4-5 of the niches that interest you. When deciding on your niche, instead of personal finance in general, you want to drill this down even further into sub-niches like Personal Finance for University Students In Debt, or Personal Finance Tips & Tricks for Expats Living In *Insert Country Here*.
Remember, the overall goal of your affiliate website is to make money by helping people, referring them to products/services, and getting paid for it.