What is Affiliate Marketing? How To Get Started?
Introduction:
Today we are going to learn about affiliate marketing and how you can generate side income for yourself by doing affiliate marketing.
Affiliate marketing is a legit way to earn online for yourself. There are many scams and fraudulent methods of online earning on the internet, in which scammers told you that you will make so much investment and you will get so much profit in return. The method of online earning by making investment is very risky it can sink your money.
So affiliate marketing is legit and smart way to earn for your lifetime and you don’t need any investment.
Table Of Content:
1: What is Affiliate Marketing?
2: Why should you do affiliate marketing?
3: Join Affiliate Program
4: Create Your Affiliate Website
5: Create Affiliate Content
6: Drive traffic to your affiliate site
7: Monitor and track performance
8: Best Affiliate Programs
9: What are affiliate links?
10: Affiliate Marketing for beginners
1: What is Affiliate Marketing?
Affiliate marketing is an earning cycle in which you promote a company’s product through a link, the company tracks actions with a cookie, and when the customer buys that product through your affiliate link, you get a commission in return. This is called the affiliate marketing cycle, which takes place between three people: the company, the affiliate marketer, and the customer.
2: Why should you do affiliate marketing?
Here are two reasons why you should consider doing affiliate marketing:
A: Low Start-Up Costs
If you start a new business, it can be expensive and risky. New business takes a lot of time and you have to bear a lot of expenses like products, employees, equipment, rent, etc.
But in affiliate marketing there is no such thing, you just need a website to start your affiliate journey.
B: No Product Creation
If you start your own business, you have to buy inventory or you have to manufacture products for selling. But there is nothing like that in Affiliate Marketing, you just need a website and a Affiliate Program to join then you can do Affiliate Marketing.
C: No Customer Support Responsibilities
Every business has customer support like refund, order tracking, product delivery time issues etc. But in affiliate marketing all this is handled by the company and you just promote the product.
3: Join Affiliate Program
After creating a website, now you have to join an affiliate program whose products you will promote through your website.
Before joining Affiliate program you have to select a niche then join the Affiliate program related to your niche.
There are three main types of affiliate programs to choose from:
A: High-paying, low-volume
B: Low-paying, high-volume
C: High-paying, high-volume
Which affiliate program should you join? This depends on your niche and level of expertise.
If you don’t know which affiliate program to join, you can search on Google for the best affiliate program.
For your convenience, I am sharing some of the affiliate programs here:
4: Create Your Affiliate Website
You can use these sources to do affiliate marketing, among them, the website is at the top.
• Website
• YouTube
• Social media (e.g., Instagram, TikTok)
• Podcast
• Newsletter
A website is a great way to do affiliate marketing where you publish your own high quality content and promote your affiliate products. You can also use other social media channels for affiliate marketing.
If you promote affiliate products in your articles through the website and your articles rank on Google, you will always get clicks on your affiliate links.
Since Google ranks original content in its search engine, if your content is original, Google will rank your articles in its search engine, which will get you more traffic. More traffic means more clicks on your links.
I will recommend you to create your own website and then do SEO for your content to rank high on Google and in this way you can promote your products.
5: Create Affiliate Content
After creating the website, it is time to publish the affiliate content on your website. You have to publish articles on your website about the affiliate program products you have joined earlier.
You can share product reviews and features in your articles to inform buyers about the quality of the product. If you describe all the features of the product in a positive way, people can trust you and buy your products. This method will maximize your affiliate earnings.
The most important part of your affiliate content is understand your audience and niche. I will recommend you to select the niche in which you have interest so that you can publish high quality content as your expertise.
One more thing, Be honest about your affiliate relationship with your audience. Clearly disclose your participation in affiliate programs to build trust.
Keep in mind that your affiliate content will determine whether or not you can increase your affiliate earnings. That’s because if your affiliate content is of high quality, it will be able to rank on Google and you will start getting leads from there consistently.
6: Drive traffic to your affiliate site
Assuming you have published high quality affiliate content on your website, the next step is to generate traffic to your website.
Here are three traffic strategies for your website:
A: Paid Traffic
This method is a bit expensive and not suitable for those who are on a tight budget. In paid traffic you pay to run your ad on social media like Facebook, Instagram and YouTube etc.
As soon as you run your ad on social media, you start getting traffic immediately.
However, there are some downsides in paid traffic.
First, you have to spend your own money for ad campaigns. In paid traffic you will invest your money first to make money. It may take time for you to optimize your ad campaign on Google.
Secondly, If you stop paying for paid ads, your traffic will stop immediately.
B: Social Media Marketing
If your budget is low for paid traffic, you can do social media marketing which is available for free.
There are many social media platforms available for free where you can do affiliate marketing. Before creating a website, I also resorted to social media platforms to do affiliate marketing.
I know that not everyone can afford paid traffic or a website intially. Therefore, you can initially use social media platforms to do affiliate marketing.
Here are some of the major social media platforms:
• Facebook Groups
• TikTok
YouTube and Pinterest are very powerful for social media marketing. Once you’ve established your presence on social media platforms, you can then convert that traffic to your website.
C: SEO
SEO (Search engine optimization) is a professional way to succeed in affiliate marketing.
What is SEO?
Optimizing your website pages to rank on the first page of Google is called SEO.
SEO covers many factors, here are some of those:
• Understand your target audience
• Create content on relevant affiliate products
• Use relevant keywords in articles
• Follow Google terms and policies
• Index your articles in Google Search Console
7: Monitor and track performance
After developing your website, you need to check your website articles to see how they are performing in Google search results.
You will use Google Search Console to check the ranking of your website articles. To check your affiliate sales performance, visit the affiliate program dashboard.
Each affiliate program collects data on your affiliate sales, how many sales you’ve made and how many clicks your links have received.
For example, I have joined AliExpress affiliate program. AliExpress provides me the following data:
• Paid orders
• Completed orders
• Clicks on my links
• Paid estimated commission
• My current account balance
• Live order tracking
• Daily and monthly earnings report
8: Best Affiliate Programs
In this article so far we have learned what is affiliate marketing and how you can do affiliate marketing with different channels and website. Now I am going to tell you some best affiliate programs to join which have very good commission rates.
Here are some best affiliate programs for you. You can select one of them according to your niche and expertise.
A: AliExpress Affiliate Program
AliExpress is an online shopping website owned by the Alibaba Group.
There are millions of products on AliExpress that you can promote and earn commission. The commission of AliExpress ranges from 7% to 10%.
You need a minimum balance of $16 to withdraw AliExpress commission. Because AliExpress charges $15 to withdraw money through wire transfer.
Amazon is the world’s largest online e-commerce website where millions of customers shop on a daily basis.
Amazon has also introduced its own affiliate program where affiliates can earn by promoting Amazon products.
The best way to promote Amazon products is to have your own website. Amazon also has a policy that you must have your own website from which you get consistent traffic if you want to join Amazon’s affiliate program.
Fiverr is currently the largest freelancing website in the world. Sellers on Fiverr create their gigs and provide their different services. Fiverr has also introduced its affiliate program for affiliates.
Fiver is one of the best affiliate program with great commission rates. As you may know, there are a wide range of freelancer services available on Fiverr. So there is no shortage of services on Fiverr to promote.
The Fiverr affiliate program is globally available for everyone. The Fiverr Affiliate Program offers various payment options, including direct bank transfers, PayPal, and Fiverr Revenue Card.
9: What are affiliate links?
Affiliate links are links with a unique and custom URL that tracks with a cookie when a user click on link and perform an action.
The Company tracks following sales data when someone clicks on a affiliate link:
Affiliate username or ID:
This is a unique identifier that lets the vendor know who referred customer to the landing page of website.
Clicks:
Companies tracks total number of clicks.
Sales:
Companies tracks conversation percentage of an affiliate link. In return, affiliates are paid a commission by the company.
Commission Rate:
Each company specifies the commission rate for affiliates in their policy.
Cookie Duration:
Cookie Duration is a specific time in which affiliate link will be valid.
10: Affiliate Marketing for beginners
In today’s article, I have informed you in detail about Affiliate Marketing. Since affiliate marketing is a great business model, it cannot be covered in one article.
Affiliate marketing is a low-cost and low-risk way to make money online.
If you’re new to affiliate marketing, here are our final thoughts to help you get started:
• Choose Your Niche
• Research Affiliate Programs
• Build a platform for marketing
• Create Quality Content
• Understand Your Target Audience
• Drive Traffic to Your Platform
• Promote Trustworthy Products
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