Hopefully, this how to make money with affiliate marketing for beginners guide has inspired you to take action and build your first affiliate site. Keep Learning What to Write About on Your Blog?A Step-by-Step Guide to Crafting a Content Marketing Strategy for Ecommerce WebsiteSEMrush Traffic Analytics Tool Review: Is This Competitive Research Tool Worth the Price?Inside Guide to Make Money Affiliate Amazon FBA ReviewHow to start a blog and earn your keep online
The first thing to focus on is whether your audience would buy that product and/or service. Then, look at how their affiliate program works – when they pay you, how much they pay, whether they have a recurring program (for as long as that person stays a client or for the first few years) and so on.
.
There is also a variance between each platform when it comes to the most effective times of day to post.
I have another post, How to Set Up a Blog, that brings people step by step through the process using Bluehost. That’s another product I know and use. Readers can go through that post with no website at all and by the end have a bare bones WordPress site up and running.
The idea of making money from a blog or social media is a completely foreign concept to many people. And you may be people. And that’s ok! I’m going to break down Affiliate Marketing so you have a better understanding and hopefully realize you can do this too (and make money) while growing your own brand. Affiliate marketing is when a company provides an affiliate (people like you and me) with a custom link to their product or service. When those products or services are sold through those links, affiliates (people like you and me) get a commission. Simple, right? This type of advertising is very low risk for companies because they only have to pay affiliates if they make a sale. Also, earning potential from Affiliate Marketing in unlimited. You’d be a dumbdumb not to at least consider this.
Here are some of the most popular affiliate marketing programs you can join to build your affiliate business:
Sign up for the free advertising service from Google. This marketing platform will put ads on your website and strategically include ads throughout your blog posts.
Working with an Affiliate Recruitment Agency is best suited for brands that need to expand their bandwidth for ongoing discovery and outreach of partners. Instead of outsourcing your entire affiliate program, these agencies allow brands to simply outsource the heavy-lifting of affiliate recruitment.
Affiliate programs can use different payment terms. You need to be familiar with the three main types to get a better idea of how commissions work.
Affiliate links are unique links given to an affiliate marketer for each product they promote. When a customer clicks on your link and makes a purchase, the affiliate program tracks it back to you and you make money.
The only consideration you need to make when choosing an affiliate network is whether they have the products you want to promote, and how good their rates are. Also, find out their payment schedules and read through their policies so that you understand the risks involved with working with a particular network.
Would this be a product that my audience will use?Is this a product that I would use myself?Will this item address a need or provide a function that my audience requires?Will this item provide value to my audience?Is it an easy buying process for my customersWill it provide me a decent commission rate?
From solo entrepreneurs to startups to massive Fortune 500 companies, anyone could be the merchant behind an affiliate marketing program. They don’t even have to be actively involved. They just need to have a product to sell.
It is a perfect solution for small- to medium-sized businesses in consulting, marketing, IT and education industries looking to unify their processes.
Sellers are the creators of the products or services that affiliates promote. They're the ones who pay affiliate commissions for sales. Sellers can be individuals or companies—anyone willing and able to pay for affiliates for sales. Sometimes, as in the case of the Amazon Associates Program, the seller might not even be the creator of the product or service.
That’s why I’ll walk you through the 4 basic steps that you can take to get started on both sides of the affiliate marketing industry.
As an affiliate program manager, you would use these special IDs to verify the referral source of a customer. In other words, these codes are critical for confirming and crediting affiliate partners.