If you want to make money without doing anything and while sleeping, affiliate marketing is your answer to it. This is what Google says but the road is not that straightforward because you will need to put in some efforts as the field is complex. There is no doubt in the fact that you can make money through affiliate marketing and while sleeping as well but there are some dos and don’ts and how’s related to it. If you need to know everything about it, we have added How To Make Money With Affiliate Marketing For Beginners in this article.
This guide will help you generate passive income with the help of affiliate marketing and with this guide, you will be able to set up from the scratch. However, before we move on to the methods and tricks, let’s gain an understanding of the affiliate marketing first.
What Is Affiliate Marketing?
Affiliate marketing is a field where you are given the money or we say commission when they generate sales due to your referrals.
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How Does Affiliate Marketing Work?
If you want a concise and a precise idea about the affiliate marketing, it is just a three-step process;
- You start off by recommending a good or service to your followers
- Your followers will opt for the good or service on your referral through the affiliate link
- Once they buy the good or service, you will be paid the commission to generate a sale through the affiliate link
Getting Started With The Affiliate Marketing
We are sure that you are familiar with the basic concept of the affiliate marketing and how it works and it’s high time you start working it out. There are many wanna-be affiliate marketers who would never plan ahead before starting their affiliate marketing journey and as a result, they are just overloaded with different tactics and the overwhelming takeover. You don’t want to do that with your affiliate marketing career.
As a beginner for the affiliate marketing, you need to work on these below-mentioned steps because, at the end of the day, they are going to save your fate. So, plan ahead these steps right away!
Find Your Niche
Well, one thing that you need to stay clear that niche is pronounced as “neesh.” However, this does not matter and we have mentioned niche only because you need to focus on the niche of your business and build the content around it. When you identify the niche, it also helps the businesses to identify their target market and target audience. Many people and even the large-scaled businesses find it difficult to set one niche for their business but to be honest, you need to answer a few questions and you will get to know your niche. The questions that you need to ask include;
- What is our passion? Now, this is an extremely important question because you will only have knowledge about a certain thing if you are passionate about it. This is because if you aren’t passionate, you will not be able to build the content.
- If the topic wide enough? If you are in blogging, you need to choose one topic that you will build your content around. For example, before choosing a niche, start off by finding at least 100 topics for the blog post to cover. This is because if you don’t have the right content and right amount of it, you will struggle with search engine optimization and the authority development can be very tedious
- Is the niche oversaturated? If the niche you are stepping the foot in already has a lot of competition and is very popular, you will have a hard time standing out from the crowd. Moreover, the saturated and massive market will be easy to penetrate. So, if this is the case with the niche, you might want to give something else a try
- Is there any profit in the niche? Obviously, you are doing it all for money so, before finalizing the niche and content, you need to see if it will make profits for you.
If you are not good at research and are unable to fetch the data, you might want to opt for ClickBank and gain information about the niche and its worth. To do, you need to go to ClickBank and choose the “Affiliate Marketplace” option. Now, you will be able to see the variations on the left side highlighted with the red color. When you click on some niche, it will launch the menu with filters related to the niche on the left side and it will showcase different things that you could sell through the page.
(P.S. You can set the gravity metric to rank the products on affiliate marketplace to see how well they are doing in your desired niche and making a decision will become easier for you)
Actually, you need to look for the products that do not only have a decent income per sale and high gravity score, but it must also fit in your niche quite naturally. If there is a plethora of products that showcase all these things, congratulations, that is the perfect niche to opt for!
Build A Website
Now, this is the most famous and trending option because, with the increase in the number of internet users, every other business is launching their website to generate revenue and expand the business. So, once you have chosen the niche, you need to build the website around it. WPBeginner is the perfect platform to choose the right platform for the eased and effective end result.
We know that you are building the website for uploading the blogs but there is much more to that because there are several options which are a must-have for the affiliate marketers. These include;
- About – This page will showcase the core purpose of your website and to engage people, you need to make it personalized as per your target market
- Contact – On this page, you need to incorporate all the information which will let your market get in touch with you such as your email address, postal address, and the phone number
- Disclaimer – If you are going to make your website monetized, through this page, you will share how you do it
- Terms Of Service – Now, you are putting your page in front of the world and there are people who might want to breach your data. With all the sensitive information on your website, you cannot afford the breaching. On this page, you will mention the liabilities and the circumstances they will face if the information is misused. You can also share the copyrights and trademarks on this page
- Custom 404 Page – This page will help you improve the overall user experience of your website
- Advertise – If you are willing for making money through the on-site ads, it is important to include the advertising page on which you can share the information about the audience demographics, contact form, available spots, and the monthly views to attract the advertisers to invest in your website
While incorporating the information in all these pages, be sure to stay clear and upfront. This is to ensure that there are no confusions and the audience puts their faith and trust in you.
Create Quality Content
Once you have devised the framework of your page and you have planned the strategies, it is now time to go around the content creation. There are some affiliate programs and affiliate networks which require the users to have pre-working site traffic, high-quality content, and the monthly views of a certain level before they give you approval. So, before choosing the affiliate program or network, be sure to check their eligibility criteria.
However, many users have mistaken it by having 100s of blog posts but that is not the case. By already mentioned content, we mean that you need to add only five to ten blog posts which are published or are at least scheduled.
Work On Growing The Email List
When it comes to marketing, using the email as the communication medium is still the number one choice and as per the stats, it still makes a go-around of approximately $38 for every $1 spent on it. This means that is perfectly optimized to invest the efforts and time in growing the email list. However, this can take some time and you might want to consider adding the pop-up on your website to improve the email list. If you are not aware of how to make the pop-ups on the website, you can consider trying OptinMonster for that.
Many people think that if they have not done the email marketing before, they will fail and for such people, we have added the guides. Growing the email list can be time-consuming in the start but once you get on with it, it will create money for you even if you are chilling on the beach or having a good night sleep.
Choose The Affiliate Products To Promote
If you have already picked the niche, choosing the affiliate products should not be time-taking or tedious for you. You can easily lookout for the products that are related to your niche and relate it in your content. If you aren’t aware of some ideas for the products to promote, there are many answers such as;
Promote The Products That You Already Use
If you already have something that you use and you are in love with it, you can pick the affiliate program for that. This way, you need to create the list of the products that you already use and search them up on Google to find the affiliate programs. You can then start off by writing reviews about them and add the affiliate links. For instance, there is an affiliate program for WordPress and even for OptinMonster and if you love them, you just got the heads up. Even if you are not into tech and enjoy talking glitz and glamor, there is an affiliate program for Sephora. With so many things going up on the internet, there are high chances that the products you love already have an affiliate program.
Promote The Products That Fill The Need
As a website owner, you are sure to have an audience, right? So, you can start off by observing their pain points and the issues that they face on a daily basis. You need to analyze and identify the solution gap in their lives and promote the products that can provide them the solution. If you think that the products you have chosen are reasonable and have value for money, review them and your audience will be more than happy to invest in them.
Promote The Products That Audience Wants To Know About
This is often named as the user-generated content in which you ask your audience what they would like to see. You can use their suggestions to pick a product and review it. If they like it, you will get sales and if they don’t like it, they will start trusting you that you will not recommend them anything bad. So, basically, there are no downsides of this trick.
Promote The Products Of Your Rivals
Everyone is must to have a competition and we are sure that you must have that as well. So, start with observing your rival affiliate marketers and see what they are talking about. You can also analyze the types of ads they are using and you can even check social media to have an idea about the affiliate market and the trends.
Join The Affiliate Marketing Network
Affiliate marketing networks are defined as the platform or online marketplace where retailers showcase their business offerings and affiliate find the perfect product to sell. This marketing network is actually a middleman and as an affiliate, you will never have to pay to sign up for the affiliate marketing network. There are thousands of affiliate marketing networks out there but we have listed some of the best in the section below;
- Amazon Associates
- CJ Affiliate
However, if you want to opt for your own affiliate program, you can sign up on Affiliate Royale as they provide all the essential details and a platform to kick-start. Affiliate Royale is actually a WordPress plugin which allows the users to build a highly functioning affiliate program from scratch in a matter of seconds. With this plugin, users will be able to track the clicks, sales, payments, and the outbound links for a user-friendly dashboard. It can also be personalized according to the data you want to get incorporated.
Track The Results
Once you have stepped in the foot and invested time and efforts and other resources for easing the passive income through affiliate marketing, you need to track the performance and see how everything is working out for you. MonsterInsights is a perfect platform to make sure you have all-time access to the performance insights of the affiliate products on the website. MonsterInsight is a plugin for the WordPress and can be linked up easily.
With this plugin, you will be able to track the affiliate links and you will get to conclude which products are working fine for the audience and what needs to be improved. Using the insights, you can reshape the strategies and product list to retain the customer base and earn their long-term trust.
[su_spoiler title=”How much money can you make as an affiliate marketer?” style=”fancy” icon=”arrow”]According to the survey conducted by VigLink, 9% of the affiliate programs have generated a revenue more than %50,000 in 2016. On the other hand, 65% of the affiliate marketers stated that are creating 5% to 20% of their annual revenue from affiliate programs[/su_spoiler]
[su_spoiler title=”How do I start an affiliate marketing business? ” style=”fancy” icon=”arrow”] First of all, you need to create a blog or a website Then, you need to choose the industry and then the niche Then, research the relevant products which can be reviewed Then, sign up for the Amazon Affiliate Program and start reviewing[/su_spoiler]
[su_spoiler title=”How do affiliate marketers make money for beginners?” style=”fancy” icon=”arrow”]Choose the niche Research about the affiliate products and programs Build a website Create the content Develop an audience base Promote the products Repeat the content creation and focus on expanding the audience base[/su_spoiler]
[su_spoiler title=”Is affiliate marketing really profitable?” style=”fancy” icon=”arrow”]The answer is yes but you need to do it the right way. You need to have the right pitching and right skills for marketing so that when you talk about some product, your audience ends up buying it which will generate the income for you.[/su_spoiler]
[su_spoiler title=”Can affiliate marketing make you rich?” style=”fancy” icon=”arrow”]Yes, it can generate tons of revenue for you and if you do it the right for a few weeks, there is no doubt that it will generate the passive income for years.[/su_spoiler]
This was all about How To Make Money With Affiliate Marketing For Beginners and we hope that this information helped you. If you need any further information, you can reach out to us in the comment section below and our team shall get back to you for helping out. Share this information with your fellows and help us grow. Thank you!