Affiliate Marketing is one of the best ways to make huge money online. You can make 6 figure income from affiliate marketing. Harsh Agarwal, Pat Flynn, and Anil Agarwal are some of the bloggers who are making thousands of dollars from affiliate marketing. In this post, I am going to tell you everything about affiliate marketing and how to make money from it?
What Is Affiliate Marketing?
Affiliate marketing is a term where you promote a product or services using an affiliate link. If someone clicks on that link and made some purchase you will get a commission for it. Different advertisers have different commission rates which vary from 25% to 80%. Some advertisers also offer a lump sum of a sale. For example, if you promote a Siteground Affiliate then you will earn $50 per sale.
Affiliate marketing is completely different from direct marketing. Many bloggers confused these terms. Directly marketing happens when you sell products or services directly to a person or you can say face to face selling. Affiliate marketing works digitally where you have sold things online. Which makes it quite hard but lucrative too.
How to Make Money from Affiliate Marketing?
Affiliate Marketing is not very hard. You can make huge money by implementing proper strategies and tricks. However, it depends on the niche you are working and the efforts you are implementing to generate sales. Ultimately, you have to find and implement the new tricks and ideas to boost up your affiliate sales.
Here, I am going to share some of the basic steps that help you to make more money from affiliate marketing. Let’s check them out:
1. You need a website
To become a successful affiliate marketer you definitely need a website. A website or blog helps you to promote products and services more professionally by acquiring your customer’s faith and loyalty. Today social networking sites and PPC sites like Google Adwords won’t allow promoting direct affiliate links. So, if haven’t started your own blog then check out this tutorial on how to start a blog.
2. Build Trust
This is very important. Nobody wants to buy something from a stranger or even don’t get acknowledge what you recommend. So, building trust with your readers is very important. You have to provide useful and relevant content that resonates with your readers and help them to solve their issues in a particular topic. This will create a good relationship between you and your blog readers.
3. Build Email List
An email list is very important if you want to become successful in affiliate marketing. You have to build an email list from the first day of blogging. There are many email marketing providers are out there who help you to create your own email list. I highly recommend you to go with GetResponse. They are one of the best email marketing providers. You can create your own email lists, set your autoresponder, and create professionally designed landing pages.
You can also use OptinMonster to create awesome and eye-catching Optin Forms that convert your readers to your email subscribers.
4. Choose relevant products
Promoting anything can’t help you to generate sales and increase conversions. You have to choose relevant products for your blog. For instance, You have a health blog where you are writing on topics related to health, Lifestyle, and weight loss. Promoting a Mobile phone on this blog won’t work for you. It’s an epic fall. You cannot generate sales and make profits.
You have to promote health-related products that blend with your blog content and topics. It will drive more sales and conversions. Promoting a relevant product is a win-win situation for you and your blog readers.
5. Test product yourself
Many bloggers don’t do this. They just start writing something on a product and put some generic points about the products. Which does not looks authentic and you haven’t contributed anything to it. Always test the products and services before you promote it. It helps you to write more deeply about the product you are promoting and make your review looks more authentic.
6. Proper keyword research
Keywords are a goldmine for your blog posts. Using the right keywords can help you to rank well in search engines. If you are writing a review about a product make sure you use high performing keywords. Tools like SEMrush and Longtailpro helps you to find out some good keywords.
You can use long-tail keywords that will cut down your competition and helps you to rank well.
Pros of Affiliate Marketing
- Make Huge Commissions.
- Doesn’t need any traffic requirement.
- Many Advertisers offer extra bounty and bonus.
- Consider as #1 alternative to AdSense.
- Works almost in every niche.
Cons of Affiliate Marketing
- High Competition.
- Needs patience.
- Have to implement new tactics and ideas.
Let’s check out some of the FAQs on Affiliate Marketing
- When I am able to make money from affiliate marketing?
It depends on the efforts you are making and also the niche you are working on. You can start making sales from the very first month of your blogging. Sometimes it will take a year to generate the first sale. So, It highly depends on you.
- Do we need a blog for affiliate marketing?
Yes, You need a blog to promote affiliate products. It will simplify the affiliate marketing for you. A Blog makes you more successful in affiliate marketing.
- How much Can I make from affiliate marketing?
There is no limit. You can make unlimited income from affiliate marketing. You simply have to implement and develop your promotional skills to generate sales and make a profit.
- What is the best method to promote a blog that has affiliate products?
Search Engine traffic works great. It helps you to provide targeted traffic for your offers which converts very well. Alternatively, you can use Facebook Ads, Bing Ads, and Google Adwords to promote your blog.
- What are the best Affiliate Networks?
There are many affiliate networks are out there. Some of them are ShareASale, CJ, Impact, etc. I am also using them as they have a huge amount of advertisers from different categories. Just join them and start promoting products on your blog.
Over to you
Affiliate Marketing is no doubt one of the best monetization and money-making programs. I hope that this post helps you to learn more about affiliate marketing and how it works. Don’t forget to share the post if you liked it.