Although it might seem confusing at first, learning how to make money with affiliate marketing is relatively easy and with the right guide, you’ll get rid of the confusion fast.
You must have heard people say that all you need to do to make money with affiliate marketing is to post a product online and the commissions would start rolling in. No, it goes a little further than that.
There is no doubt that you can make money with affiliate marketing and in this article, we will talk about a series of steps that will show you how to make money with affiliate marketing.
But first, what is affiliate marketing?
What Is Affiliate Marketing?
In the most simple definition, affiliate marketing is when you earn commissions from simply selling for someone or driving traffic to the seller’s site. Basically, all you need to do is advertise these products on your social media pages, blogs and websites.
The best way to post product links on your site or blog is by embedding them in your text. This is because embedded links are a much cooler and less intrusive way of running ads for your affiliate products.
Now that you know what affiliate marketing is, how do you make money with it?
Basic Steps Involved In Affiliate Marketing
For you to make money with affiliate marketing, you need to understand the basic steps involved in affiliate marketing.
1. The first step is that you post a product link on your website or blog, you could also post it on all your social media pages.
2. A prospective buyer clicks on the link.
3. If all goes well and the prospect is pleased with the item, they purchase it using the link you have posted.
4. Your sale is recorded using the unique ID that you’ve been given by the affiliate network.
5. The sale is confirmed and you get your commission.
At this point, you ought to know that the percentages of your commissions could differ. While you can earn as low as 1% – 5%, you could also earn as high as 50%.
Moving on, here is everything you need to know on how to make money with affiliate marketing.
How Do You Make Money With Affiliate Marketing
The following are the steps you need to follow to make money with affiliate marketing. Read on!
1. Choose A Niche
You can earn enough commission from being a general affiliate, but the big bucks come in when you focus on a particular niche. For you, choosing a niche should be done carefully and we advise that you go for a market that you have a lot of interest in.
This is because having an understanding of how a niche works, make it easier for you to understand the clients you’d be dealing with.
Choosing a niche would be beneficial to you because you’d have more knowledge about selling to your clients.
2. Create Engaging Content For Your Audience
Now that you have niched down, the next thing you need to do is to create engaging content for your audience. All your content should be specifically curated for your target audience and they should have immediate solutions to their problems. You would need to carry out proper research before you can come up with solutions to their problems.
And one easy way to do that is to understand the kind of keywords your audience use.
When you help clients solve their problems, they will always come back to you.
3. Optimise Your Content By Adding Affiliate Product Links
The next step is to embed product links in your content. Your embedded links would be determined by the type of article you are writing. You can embed your product links in two ways that will easily attract your visitors.
- Add your links strategically and also in appropriate places. Your product links should be compatible with the content as well as the idea in the sentence. In other words, embedding a sports equipment link in a sentence that talks about hair extensions wouldn’t fly with your clients. Ensure that your links would be necessary before you embed them in your content.
- Add your links early on in the article. This is an important factor you should take note of. For instance, you usually have a lot of links when you are writing product reviews.
In instances like that, you should embed your product links from the beginning of the article. Not everyone would read to the end of your article, and you should lass your message across before they get tired.
4. Get More Customers To Your Affiliate Page
You earn more when customers pay visits to the seller’s page and make purchases. There are two simple processes that you can follow to drive traffic to your buyer’s page.
Creating pop-up ads is a very good way of getting your visitor to pay attention to your affiliate products. With the right template and the right product, pop-up ads can be very effective. You just need to know the perfect time to show them to your visitors and that is where targeting comes in.
Pop-up ads are not all about showing ads to your visitors. It is also about showing it to them at the right time. Strategic popups help you grab your visitor’s attention and one of the most strategic times for pop-up ads is when a visitor is about to leave your site.
5. Grow Your Email List
As an affiliate marketer, do not underestimate the power of an effective email list. One great benefit of an email list is that the people on your email list have in one way or the other, go through your content. They are impressed with your products and the niche in which you are selling, so selling to them would not be as difficult as selling to cold traffic.
You understand what the people in your email list want and with that understanding, you can generate passive income for yourself when you sell to them. In other words, generate and grow your email list.
These are the 5 easy steps on how you can make money with affiliate marketing. In the next section, we will mention the requirements you need to make money with affiliate marketing.
What You Need To Make Money With Affiliate Marketing
You can start making money with affiliate marketing when you have put the following things in place.
When it comes to affiliate marketing, social media is also important. But apart from all your social media pages and handles, you would need a blog and a website as well. Having a blog and site makes it easier for you to promote your affiliate products. If your fear of having a website is building one, WordPress has made it easy.
2. Choose Affiliate Products
This is the next step that comes after you must have set up your websites and blogs. After you have put your blogs and site in order, the next thing you’d have to do is go choose products that you will promote there. You could be a general affiliate marketer, but it would be better if you had a niche. To choose affiliate products, there are several affiliate marketing programs you can partner with. These programs have a lot of great offers that can help you earn more as an affiliate.
Conclusion On How To Make Money With Affiliate Marketing
Although there are sure-fire ways of how to make money with affiliate marketing, affiliate marketing is not as easy as it looks. As an affiliate marketer, there are a lot of things you would need to learn for you to start earning comfortably with affiliate marketing.
In this article, we have carefully talked about the processes involved in making money with affiliate marketing. So, feel free to read through and start making that passive income you’ve always wanted to.