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Looking for a genuine way to earn money online? Then, Affiliate Marketing is a great choice. But understanding how to make money with affiliate marketing for beginners can really show you the unlimited potential behind affiliate marketing.
We totally understand that there are so many conflicting messages out there and we wanted to make sure you really understand affiliate marketing, how affiliate marketing works and, more importantly how you can get started with affiliate marketing with our help and support.
What is Affiliate Marketing? And How Does it Work?
Affiliate Marketing is more widespread than you might realize, with large companies such as Amazon using it.
There are real benefits to both affiliates and the companies that use it as a way of marketing their products to a wider audience. But what exactly is affiliate marketing?
There are 3 parties involved in affiliate marketing. There is you (the affiliate), the product/service owner and the (potential) buyer.
The affiliate signs up with an affiliate program, this allows the affiliate to start promoting their products or services. If someone decides to buy the product or service you are promoting, the affiliate gets a commission. This commission is typically a percentage of the sale price and is a “thank you” for introducing a buyer.
The reason affiliate marketing benefits both the affiliate and the product owner are the fact that it is a much more cost-effective way of marketing products because they only pay out if someone buys something.
It can save a company like Amazon millions from their marketing budget, and you get the benefit of earning money for promoting products or services.
The way the company knows that you were the one that introduced the buyer is through affiliate cookies.
Cookies will typically have a set amount of time, so if a buyer follows your link and buys it straight away you get the sale. But the advantage of having a longer-term cookie is that some people will not buy straightaway.
They might save it in their basket for a while but depending on the length of time might mean you still get the sale if they come back to buy it.
Can you Make Money with Affiliate Marketing?
The short answer is a huge Yes.
Often people will assume affiliate marketing is difficult because they think you need to be an expert in website design, or they don’t think they would be able to write content.
But in all honesty, most people who are currently make money from affiliate marketing were all thinking along those lines when they first started out.
I didn’t have a clue about building websites, affiliate marketing or how to write content and yet I am now helping people find the right training and getting started with affiliate marketing now.
But there are a few things that you will need to consider before deciding whether Affiliate Marketing is for you.
For starters, you don’t need to be a technical expert – we can help you get everything you need to get started.
But there are some important factors you need to be able to commit to make this work. Affiliate Marketing is not a get-rich-quick scheme, it will take time to get to a point where you are earning money from it.
You will also need to be able to commit to putting a lot of time and effort into making this work.
Many people give up from Affiliate Marketing within a couple of months, because they believe it isn’t working. But it is simply down to the fact they have given up too soon.
We did not make any money from affiliate marketing for the first 6 months, if we had given up on month 5, we might have walked away saying affiliate marketing doesn’t work.
It does, but the timescales are not in relation to a normal job.
In a normal job you get paid for the hours you complete. But you are limited to the number of hours you can work, limiting how much you can earn.
Affiliate Marketing is truly a passive income stream, meaning that when you do start earning money from it – you do not need to be present to make the money.
But you will complete a lot of work in the initial stages that will not earn you an income.
Then, it happens.
One of your articles starts getting ranked well in the search engines, people start reading your article. They like what they read and follow your recommendation and buy the product or service you are promoting.
Then you soon realize that one article can earn you a recurring income month after month.
How Much Can You Make with Affiliate Marketing?
The honest answer is the figure is unlimited, it is only bound by how much hard work you are willing to put in at the early stages to ensure you can unlock the potential of earning money from affiliate marketing.
Many affiliate marketers are earning a full-time income from promoting products or services in a niche that they really love.
Imagine that, an online business based on something you love… You love travelling, sport, health & fitness, helping people… it really can be in any subject you want and as long as you follow the right strategy you can soon be making money with Affiliate Marketing.
How to Make Money with Affiliate Marketing in 2019
We wanted to make sure we broke down the steps needed to get started with affiliate marketing. The first step you need to think about is the niche you want to get started in for your affiliate marketing business.
Choose a Niche
This is an important step and often one that many get wrong.
The main reason people get this wrong is down to them starting with a subject that is too broad. A niche is a tiny segment of a product range, if you start very narrow you will have a better chance of breaking into the target market and getting your blog ranked in the search engines and ultimately get traffic (the vital ingredient to making money).
If you have a subject in mind, think to yourself is it too broad and can you narrow it down?
I like to use Amazon’s category list to do this. You will notice that you can narrow down your search via Amazon to many sub-categories, you need to do the same with your niche selection.
As you grow your authority in that niche, you will naturally expand out into the broader category. But starting very niche is important. If you start too broad, you will find you will have a lot of competition which will be hard to compete with as a new brand.
If you ever need help to narrow down your niche, we are here to help – write your questions in the comments below and we will help you as much as you can to get to your niche.
Create a Website
Anyone who tells you “you don’t need a website” for affiliate marketing is typically wrong.
I know that is a strong statement but relying on one source of social media is not a great strategy.
I have found social media networks are not typically a great when it comes to promoting affiliate links. Some links will get blocked, and people are typically turning a blink eye to certain posts.
You have to put your links in front of the right person on social media to make it work. Building your own website, creating the right content will attract the right audience to your website and that is a much better strategy to earning affiliate commissions than hoping people see your stuff on social media.
I am not saying, don’t use social media.
What I am saying is, by building a website you can use all the channels available to you.
You don’t want to stick to Instagram and find that no one ends up clicking your links.
If you have chosen your niche and feel ready to build your own affiliate marketing business, you can build a free website using the tool below. See if your domain name is free in the box below:
Sign up with an Affiliate Program
We have already mentioned Amazon; they have their own affiliate program called Amazon Associates.
You will also find that there are literally thousands of affiliate programs out there. Using your search engine, you will find by typing “product + affiliate program” or “niche + affiliate program” you will find tons of them you can use on your new website.
Be wary if an affiliate program is charging you. Most will not charge you, as they are benefiting from your promotions. A couple do charge a little fee to join up, but this is simply to prove you are a real person. If they are charging a percentage or a monthly fee, I would look elsewhere.
You will find a lot of brands are using affiliate marketing nowadays, scroll down to the bottom of their website and you will normally see an affiliate program there. If they are not displaying that, don’t worry they might be using one of the affiliate networks. This host a huge selection of products for you to promote. We have listed the most popular affiliate programs or networks below:
Write Content that Helps
If you can nail this step, you are definitely going to be able to earn money from affiliate marketing… People do not want to be sold to, they want help with their purchase decisions.
Before buying stuff online people want to research before, they actually buy. If you can help them with these decisions, that is where you can really benefit people.
This also means people start to trust you and your brand, do that and you will be earning money online from affiliate marketing.
You need to write high-quality content that means the search engines display your content at the top of the search results. That is where you start to get traffic. But the search engines are constantly improving their systems to ensure they are displaying high-quality content that helps people.
Don’t follow any training that states you should write content to impress the search engines for rankings, write it for normal people who are looking for help and that is all that matters.
There is an element of keyword research, which you can read more about that here. But the important stuff is around the quality of the content and its ability to help people.
You Need Traffic
This step is where your patience comes in. If you can do effective keyword research, write high-quality content and help people you are definitely on your way to a profitable affiliate marketing business.
But an audience will not come straightaway.
Depending on your niche and how much time and effort you put in, you might make your first dollar after 3 months, maybe 6 months, maybe longer.
The key is to keep creating content regularly. Search engines are used to affiliate marketers starting out and then giving up after 3 months. So, they don’t entirely trust new websites until you can prove you are someone in it for the long run. If you can break through that 3-month mark and keep going with high-quality content, you will soon see that the search engines…