How to Make Money with Affiliate Marketing
Affiliate marketing on the Internet are excellent ways to work from home and make money online. But if you believe that you just need to find a product to promote and then the money will automatically start falling into your bank account while you are sleeping in your bed, you can start thinking that again.
It is true that affiliate programs can generate a huge amount of money, but you must know what to do to achieve success. If you are tired of commuting to and from work every day and dealing with traffic on a continual basis, then affiliate marketing is something that will be of interest to you. If working from home and setting your own hours while seeing your income grow sounds appealing to you, then studying affiliate marketing is for you. The great thing about affiliate marketing is that you don’t need your own website, you don’t need much experience to get started, and it’s very simple to learn. There are a lot of training courses, video resources on YouTube and other online sources to learn this craft. This whole process can happen very fast if you stay focus and implement the strategies that you learn. So for that I have written this step by step guide to help you get started.
Step By Step Method To Make Money Online With Affiliate Marketing.
The man who thinks of making easy money cannot succeed with affiliate marketing business. I’m not saying that working in this area is complicated, quite the contrary, but who does not have an entrepreneurial mindset, it is unlikely to have positive results.
I will try to dispel all your fears that are associated with affiliate marketing. First I think we need to at least define what Affiliate Marketing is? Affiliate marketing can be defined as an agreement between an affiliate, which is you, and a vendor. The vendor pays the affiliate a commission on verified referral that an affiliate generates. The affiliate marketer who promotes a specific link that identifies them as the person who referred the sale to the vendor.
One must understand that working with affiliate programs requires human effort and dedication similar to a traditional business, but with numerous advantages. In this article, I’ll give some ideas of what it takes so that you can make money with affiliate marketing and build a solid and profitable business that can lead you to have a lifestyle far above the majority of the population. One of the reasons I like it so much to work as an affiliate is that I do not have to worry about having own products to offer, do not need to have stocks and can work at any time. Furthermore, it is possible to build systems that work by us, even when performing sales are not at the computer. Follow the steps listed below to start making money promoting products as an affiliate:
1- Find a profitable niche
Many individuals who enter the Internet marketing space really don’t make any money at all because they fail to stick to one strategy or they don’t even take any action at all. There is no guarantee that you will make a full time income online by promoting other peoples products but there is a good chance of success if you are you consistent and are determine to be successful. If you follow a proven strategy as an affiliate marketer then before you know it, you will be seeing some extra dough quickly adding up in your bank account. Even if you can only set aside a few hours a day, or even a week, to complete a single task or two, learning the secrets of affiliate marketing can be very favorable to your financial position. When you study the nuances of affiliate marketing from a coach or guru you have someone or a system that is already proven so all you need to do is follow the system. I don’t believe that affiliate marketing is difficult to learn at all as long as you are willing to follow a proven method that is already working.
How to find an attractive niche products to promote? Many are lost just in the first step, but it is actually quite simple to know if there is a good demand for any niche market that we desire. Once you sign up with an affiliate network whether that is Clickbank, Jvzoo, Commission Junction, WarriorPlus, Maxbounty, Peerfly, or one of the many others. You will pick an offer to promote in the network which will depend on what offers are converting best because you don’t want to waste your time and money promoting an offer that doesn’t convert or make sales. You can get more info about a particular offer by viewing the stats for the offers that are on the network. Some networks provide basic training for the affiliate that you can probably find on YouTube but they would prefer to have seasoned marketers joining so that they that the affiliate can send good quality high converting traffic. Once you review the offers and find a good product to promote you will then grab your affiliate link.
The next step in the process is to do some research so you can see who is in the demographics of the consumers who would be spending money buying this product. There are several tools or resources that you can use to start your keyword but a few of them would be Facebook, Alexa, Google Trends, Amazon, and Google Keyword Planner. There are a lot of other sources but you are mainly using these sources to gather Intel on the market and to develop a marketing angle for how you will position the product in front of the consumers who are most likely to make a purchase.
You can start with the free Google Keyword Planner tool called Keywords Planner. You simply enter the desired niche to find out if there are any people searching for particular subject. For example … suppose you want to sell a product related to “tooth whitening”. I will put it in the Google Keywords Planner as “whiten teeth” and then clicked on the “keyword ideas,” as you can see in the figure below:
Then we can see that there are many people looking for information on how to whiten your teeth. More than 12,000 people search for that term on Google every month. Perhaps it is a good market to offer products and generating more sales as affiliates. There is no point choosing a product that we think is good if there is no interest of people to buy it.
2 – Know your competitors
After choosing a niche market to promote their offerings, it’s time to meet with who you will compete. Do a search on the audience you want to reach, visit the blogs and websites of your competitors and analyze their strategies and content.
Even if you have no knowledge of the market to promote a particular product, this is no excuse for not seeking to learn the most common and important issues. If you search on Google and see that there is more than 100,000 results for a particular keyword, it can be a little tricky to get you beat the competition using only free methods.
3 – Start posting content
The next step is to decide if you are going to direct link to the affiliate offer, create a landing page or a build a blog that will pre-frame the visitors before they are sent to the vendor’s sales page. This strategy is a bit more advanced but some affiliate networks and offers don’t allow you to direct link to the sales page so you will need to have some knowledge of how to create landing pages. That is out of the scope of this article but that is something that you will need to learn or you can always pay someone to build them for you.
It is now time for you to start creating content related to specific products you want to promote. I strongly advise you to have a professional blog to write good articles, preferably a specific blog for each chosen niche. You can also create articles in various articles directories. If possible, create videos, as they are much easier to be found by people. You should use the keywords listed in the Google Keywords Planner in their content to further increase the chances of receiving organic traffic from search engines.
4 – Use paid advertising
Usually those who have an amateur mindset do not think about “spending” money in their business. But doing paid advertising is not an expense; it is in fact an investment. If you want to make a LOT of money with affiliate programs, take my advice and invest good money in advertising to have enough qualified traffic to your offers.The important thing here is to know what to do and then scale the results. For example, if you are promoting a product that pays US $ 100.00 commission for each sale, would you care to invest $50.00 in paid advertising to be able to generate 1 sale? I would not mind one bit! In fact I would invest as much as I could. The secret here is always to test on small scales realize that is working to increase the money invested in these advertisements.
And there are huge number of places for you to buy traffic. You can advertise on Facebook, Google AdWords, Solo Ads, Banners, Marketing Research, Networks and various other sources. There are many sources of traffic but depending on the affiliate network the vendor specifies the types of traffic that you can send to their offers and you if you don’t comply and send poor quality traffic you run the risk of your affiliate account could getting banned and your affiliate commissions can be withheld. The basics of the system is to pick an offer, do some demographic research, test small campaigns with the approved traffic sources and once you have campaigns that are working for you then you can scale up slowly by adding more similar offers and spending a bit more on the traffic that is converting for you. Once you have a handle on what is working you can test more traffic sources and more offers as well this process and be duplicated by rinsing and repeating the same procedures that you implemented to start generating sales.
Affiliate marketing has transformed my life.
I always had an entrepreneurial spirit and never worked for someone else who was not myself. I’ve had several business and went through a range of projects. But I can say one thing: The affiliate program business model was responsible for changing my life in an extraordinary way. Because of this kind of business today I earned money working from my own home, I make my own hours and work with who I want.
If you need more info about making money online then this article may be of help to you making money on the internet isn’t has hard as it seems but you must take action in order to see success. I hope that this article provided you with some insights and inspiration to help you take your first steps in your online entrepreneurial journey.
I wish you good luck and much success to you.