So, yes – blogging really is one of the best mediums for affiliate marketing and, arguably, one of the most effective ways to make money online generally.
Commissions differ from program to program. Many range from 5% to 8% of the sale but it just depends on the price range of the product. For example, Bluehost (a website hosting platform) pays $65-75 per sale. I’ve had 3 people purchase hosting through my Bluehost link this month so far. While $225 may not seem like a lot, that’s $225 I didn’t have before and I call that a win. So just think, what if I had a 100 people purchase hosting through my link in a month… So here’s what most people won’t warn you about. It’s not that big of a deal but I want to be as transparent as possible. You may not be accepted into every affiliate program you apply for, especially when you’re first getting started. Some are easier to get into than others.
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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.
To be able to get as much income as you can, you will need to build a brand for yourself.
Flowlu is an all-in-one business management platform aimed at simplifying your day-to-day operations. Flowlu offers tons of essential tools for efficient business management, from project and task management to sales and social collaboration.
I have four columns on my spreadsheet to keep me organized: Name, Affiliate Link, Type, Special Notes. Name – This can be helpful when you need to find your affiliate link fast. You can sort the column by alphabetical order saving you precious time. Affiliate Link – This should be the “pretty” link you’ve set up NOT the raw affiliate link you were given. Sometimes affiliate programs switch the affiliate software you use. If you’ve created your own link using a plugin like Pretty Link Plugin, you’ll be able to easily change the target URL without changing your link. Type – Some affiliate programs pay instantly, lifetime recurring, or a certain percentage. This is where you can easily recall the terms. Special Notes – You can place anything you’d like in this column that would be helpful to remember. Step 3. Promote your Affiliate Marketing Products
I have a passion for helping women entrepreneurs achieve maximum success by showing them how to grow their side-hustles online and make more money.
Obviously, this is your next logical question. But then there is something called as Affiliate Programs that you would have heard. You have to become an affiliate first by signing up with any of the affiliate programs.
You can put this link on your website, YouTube channel, blog, Facebook page, etc. and get a 20% commission for each purchased subscription plan when someone signs up from your link.
They have an affiliate program where you can get a very attractive commission as follows:
We are now going to go through all the steps you need to take to be successful in affiliate marketing, and I am sure, by the end of it, this “affiliate marketing for dummies” guide will make your life much easier! Apply to the best affiliate marketing programs Add your unique links to your blog …And wait to make money!
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One example is BBVA USA, a banking brand that pays $85 for every lead you generate. That’s a pretty great offer for finance affiliates. That’s just one example but there are several banks and credit card companies with great financial affiliate programs.
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For a thorough guide to monetize your blog, check out my step-by-step blog post on how to make money blogging for beginners.
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Build relationships. This is a key feature in affiliate marketing. You have found your audience, you know what they want and need, now the only thing to do is to find who they look up to. Who do they share the most, or talk about with others? These are the influencers in your industry and they will have the most impact on the people in which you are trying to place your product in front of.