You have heard about it, seen videos about it in your Facebook feed, but what is it? And how to do affiliate marketing to make money online? Is it for real?
WHAT IS IT AND HOW TO DO AFFILIATE MARKETING TO MAKE MONEY?
Affiliate marketing is the process of selling other people’s products or services.
Payment is on a commission split basis.
HOW DO YOU GET PAID FOR AFFILIATE MARKETING?
Payment is rewarded when you send someone to the advertiser’s website.
Affiliate marketing commission models are:
- Pay per sale or PPS. Where you earn a percentage of the sale made.
- Pay per Click or PPC. Where you are paid on the number of visitors you send to the advertiser’s website. Regardless or not if they made a purchase.
- Pay per Lead or PPL. When you are paid after the visitor completes an action on the advertiser’s website. This could be a form or subscription.
Depending on the type of industry you choose and also your visitor’s behavior, one of the above commission models will be more suitable for you.
HOW TO DO AFFILIATE MARKETING IN TO MAKE MONEY 4 EASY STEPS
Chose The Right Product To Promote
With the option of hundreds of thousands of products and services to choose from today, you can be sure that there is an affiliate program for it.
The trick is to finding the one you would like to promote. Consider the following:
- Your own skillset: I guarantee you that there is something that you know about, that other people want to know about too. If you have experience or knowledge about a certain topic, then you will be able to relay that to your website visitors. Adding credibility and creating a sense of trust to your potential customers. Of course, if you do not have this, that’s no problem at all and you can still do affiliate marketing.
- Have a passion for your product: Bear in mind when choosing your affiliate program that it will have to be about a subject that you love, that you are passionate about. If you try to write about a subject that does not move you, then your visitors will feel that. On the other hand if it’s a subject that you are really into, your visitors will definitely resonate with your message. You will also be spending a lot of your time with your new business, so you want to make sure it really is something you love!
- Fish out your niche: What you think of as ‘obscure’ will actually find your perfect customer and they will be more willing to make a purchase from you. If you choose a more ‘general’ affiliate product or service to promote, you will end competing too much with others. Fish out a specific niche and it will be easier to sell to.
And, as equally important as all the above put together…
- How much money does your niche have to spend? It takes just as much work to create a sales process for a product that gives you $10 commission as it does to make one for a product that pays $100 or $1,000 commission. Check how deep your target audience’s pockets are and how much demand there will be for your niche product.
Sign Up To An Affiliate Network
Knowing how to do affiliate marketing to make money along with choosing the right product from the hundreds of affiliate marketing networks available to you will get you making money at home faster. Some networks are better than others. Here are a few of the major ones:
- Click Bank – Clickbank.com
- Commission Junction – CJ.com
- Share A Sale – ShareASale.com
- JV Zoo – JVZoo.com
Take your time to look through each of them. Consider the amount of commission percentage you will receive and also the commission model, whether that be PPS, PPC or PPL.
Some affiliate networks may be more relevant to you than others, depending on the niche you have chosen.
Once you have applied to your affiliate network and have been accepted, they will issue you with a unique affiliate link. This is a URL that you will add to your website or blog that will track your potential customer as they visit the advertiser’s site and make a purchase.
Generate Traffic To Your Website Or Blog
Steps 1 to 3 above were the easy part. The next step on how to do affiliate marketing to make money is generating traffic to your site is where the long haul comes in. With continued effort, over time you will start to grow your audience and in turn, produce sales that lead to a passive income.
These are the best ways to get traffic:
- Search Engine Optimisation. Or SEO, is the ability to make your website rank high in the Google search results. The higher your website ranking the more visits your site will get. If your product or service is in a niche subject, it will be easier for you to get to the higher ranking pages.
- Social Media Marketing. Social media is everywhere and you can publish your content for free and also buy traffic.
Affiliate marketing is not difficult, its a matter of following the correct steps and with an investment in your time, a very small budget and a determined attitude, give it at least three to six months, you will see results. When results starting coming, you will be unstoppable and on track to building a passive income.
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BUILD YOUR WEBSITE OR BLOG
Creating a website or blog these days is very easy. There are ways to maximize every single visitor to your site.
I go through that with you in detail and step by step where I show you How To Blog For Money.
