Affiliate Marketing – the process of earning a commission by promoting other people’s or company’s products.
Basically, you find a product you would like to promote, you promote it to others, then you earn a commission on each sale. As many others would say, bridging the gap between buyers and sellers! In this tutorial I am going to show how affiliate marketing works. I’ll break it down in a step by step process. We’ll discuss how you get paid, and how much money you can expect to earn. By the end of this post I’ll show you the best way to get started with your very own website. How to become a successful affiliate marketer, and how to maintain a successful affiliate marketing business.
How Does the Basic Process Work of Making Money Online?
As you can see from the illustration above, it starts with an audience! Who will be your audience? This is important when starting out in affiliate marketing. You’ll want to choose an audience and create a website based on it. Why create a website? Anyone who makes any significant amount of money online owns a website!
You’ll want to choose a niche – a targeted audience. How do you choose a niche? Simple, by choosing something that you’re passionate about. It’s easy to tell people about things that you’re passionate about. A few broad niche examples are health, fitness, and electronics. However you want to be more specific with it such as healthy foods to eat while dieting, how to build muscle, or the best headphones to buy in the market. These are targeted audiences.
I want to add that building a website is not hard! I can show you how to do this in a few easy steps. It’s not like back when you needed to learn html or code. It’s much easier; sort of like plug n’ play now.
Still need help choosing an audience? Comment below this page with your questions and I’ll be more than happy to help you, or check out this lesson on how to choose a niche; taught by Kyle at Wealthy Affiliate University.
Check out the illustration again. We’ll be talking about the next step here… People Will Search You!
If you’ve never liked cold selling, then you will love affiliate marketing! Your main customers will be people interested in what you’re talking about already. People will search you! Whether on Google, or other search engines, or they may find you on social networks!
Once you’ve chosen an audience, you consistently create content helping this audience. Create content such as blog posts and reviews. Check around my website here, I talk about ‘making money’! You share your valuable knowledge in your niche on your website which will naturally get indexed in the search engines, and also share your website on social networks. The idea is you want to help people, so share quality information and your traffic will come. Which leads to conversions and sales!
How Do You Get Paid?
So the short answer is, once you generate sales the affiliate program which you are affiliated with will send you money to your PayPal account or send you a check in the mail. The long answer is, as an affiliate marketer you join affiliate programs. Affiliate programs are free to join and essentially these are the “sellers”.
Remember, we’re bridging the gap between buyers and sellers. Did you know, over 80% of companies online have an affiliate program that you can join for free. Also, statistics show that up to 20% of the company’s revenue comes from affiliate marketing. Can you imagine the earning potential here, or how valuable you are to these companies in what you do?
Upon joining affiliate programs you’ll learn whether they pay via PayPal, to your bank account, or via mail. Also, as you can see in our illustration above, Amazon has an affiliate program. Interestingly enough, not only is Amazon the world’s largest online marketplace, but it also has one of the largest affiliate programs online!
How Do Your Earn Revenue?
Have you ever heard about SEO, or search engine optimization? This is one of your main goals as an affiliate marketer. You want to create a website with quality content that the search engines will index on their first pages of the search results. Have you ever searched anything online? (stupid question) Have you noticed, you usually choose the result that was on the first page? You’ll want to get your website ranking on the first pages of the search engines such as Google, Bing, or Yahoo. You can learn how to do this at Wealthy Affiliate University.
Once you’re on the first pages of the search engine, imagine how much traffic you will get to your website. THOUSANDS! You can learn how to use keywords, get your website ranked, and drive 10s thousands of visitors a month to your website with the proper training.
Being an affiliate marketer, you’ll have member specific links to the products you’re recommending. You’ll use these links throughout your website to bridge people to the seller’s website. If you give enough quality information to your readers, you can literally drive 10s thousands of people to your sellers’ websites and as a result generate sales!
How to Get Started with Affiliate Marketing?
In order to be successful in any business I think that we can both agree that you need to be given the right training. Which leads me to introduce you to Wealthy Affiliate; an awesome place/website that can give you intensive training in affiliate marketing.
They provide you with a free website, and a step by step training program that will help you build your business’s foundation, which can lead to a strong affiliate business. I began at WA a little over six months ago and I’m currently an active member there. I can offer you my one on one support as well!
A little bit about my experience with WA; I had my very first website up and running within a few days! I really appreciate how they start off with the basics; understanding how to make money online. I’m happy to say I now earn a passive income online! There are members there that make over 10k a month. Those members being Colton and Dom.
What to Expect in Affiliate Marketing?
Expect to work hard. There’s a misconception online that making money online is fast. I do want to be clear, once you know what you’re doing and are consistent with it, then the money does come fast! 🙂 However, to get you there is a process you must learn to be patient with. You must get excellent training; training that is proven. This will allow you to become more successful than others. Honestly, it’s hard at all once you get the right training.
It’s up to you once you know how to be a successful internet marketer that you apply what you’ve learned and take action on it consistently. Most importantly, do not ever give up! After all, your dreams are important to you right? If you give up easily, you may never realize them. Maintain consistent momentum, keep on trucking it, and when the tough gets going seek motivational support. Believe me, once you’re equipped with the knowledge to succeed, you are literally, UNSTOPPABLE!
Do you have any questions about affiliate marketing or how you can get started? Feel free to leave me a question and I’ll get back to you as soon as I can. 🙂