Covid – 19, the global pandemic that influenced hundreds of people to do online businesses in order to cope up with daily expenses. One of the top choices to make money online is how to be an affiliate marketer.
What is Affiliate Marketing?
There are so many terms/things that I learned and still learning from the continuous training that Wealthy Affiliate offer to their members, premium or not.
So, what’s affiliate marketing really is?
Affiliate marketing was conceived and patented by William J. Tobin, founder of PC Flowers & Gifts in 1989.
Its four key players are:
- Merchant (retailer, advertiser or brand)
- Network (takes care of the offers and payments)
- Publisher (affiliate marketer)
Basically, affiliate marketing is promoting the products and services of the chosen merchant or brand through online marketing using the different social media platforms, including websites.
The publishers get commissions per sale otherwise known as revenue – sharing for every purchase the customers made.
The payments through affiliate marketing varies… some companies/advertisers pay their publishers a few cents while others pay more than 50% commissions.
It’s really up to you, as a publisher whether to promote several brands/merchants with smaller commissions or focus on few companies that are paying high percentage to its publishers.
How Do We Make Money Online?
Learning how to be an affiliate marketer brings a huge number of opportunities for you to earn money online. This is because as you learn and train to become an online marketer, you develop skill sets which you can offer to your friends, family and personal clients. You can tap on these people to give you cash in exchange of your expertise.
I personally experienced this when one of my acquaintances asked me to make a video presentation for her child. It took me several hours to do it but it’s all worth it. She was delighted with my work and paid me a generous amount of money.
My website is still relatively new and so as my affiliate links. I know that it will take some time (several months to a year) before I start earning commissions from affiliate marketing.
I’m OK with that. I intend to continue building my website, learn from the free training at Wealthy Affiliate classrooms and do side hustles online while waiting for my affiliate links to be profitable.
Please click on this link to watch the video below from Wealthy Affiliate founder, Kyle as he walks you through on how to make money online through affiliate marketing.
So, how much does an affiliate marketer really earn? There’s no definite answer.
However, I’ve come across this very informative article that presented some facts about different types of affiliate marketers’ earnings for 2020. Click here to read the post.
What are the Skill Sets of an Affiliate Marketer?
As I’ve mentioned earlier, you will be gaining new capabilities and skills as an affiliate marketer as you go along your training. Here are some of the skills that you can do as a digital marketer:
- Domain name registration (.com, .net, .org., etc.)
- Website Design and Development
- Website Hosting
- Keyword optimization
- Relevant Content Writing
- Content Marketing
- Search Engine Optimization (SEO)
- Search Engine Marketing (SEM)
- Website Maintenance (Troubleshooting)
- Social Media Marketing (Facebook, Pinterest, Twitter, etc.)
- Email Marketing
- Quality and relevant video presentation
These skills will bring you extra income as you build your confidence and reputation in the digital world. You see, the Wealthy Affiliate training doesn’t confine you into affiliate marketing but rather shows you enormous ways of creating various income streams.
Wealthy Affiliate opens the door for me to learn about online marketing and the ways to make money using the skills I learned from those training.
Is Affiliate Marketing Right for You?
NO. I don’t think affiliate marketing is for everyone. Affiliate marketing is not a get – rich – quick scheme. You have to invest time, money and energy just like any other ordinary business.
Most people do not like working hard. Hard work scares many of us and we prefer to get anything we want in an instant, that’s why we invented instant coffee, instant noodles and a lot more products that make almost everything fast and easy.
Working hard is inevitable if you like to establish yourself as a specialist in digital marketing.
Keep yourself motivated. There are times that you would feel exhausted and might want to give up. This is normal. Give yourself a break and get back once you are ready to continue.
Imbibe the quote, “Learn now, earn later.” Making money through affiliate marketing is limitless. However, you need to do the work first.
Lastly, take action on whatever you learned, this is vital to your success. As T. Boone Pickens said, ” A plan without action is not a plan. It’s a speech.”
No Pain, No Gain…
If you like to work without leaving your home, this is for you.
If you like to work from anywhere in the world, this is for you.
If you like to set your hourly, daily, weekly, monthly or yearly income, this is for you.
If you like to be flexible with your time or set your own working hours, this is for you.
If you like to travel anytime and anywhere, this is for you.
If you like to be your OWN BOSS, this is for you.
While affiliate marketing can bring you some cash, there are still hundreds of ways on how to earn money through online marketing. Sky is the limit, indeed. However, you have to harness your skills and take the actions needed.
Dream big and know that one day you will harvest the fruits of what you sow during your training.
Be constantly motivated by your written short and long term goals.
Believe that you can establish your own business while doing other online jobs. Anyone can achieve financial freedom once he/she starts earning while sleeping.
LEARN from the experts.
TRAIN with like – minded people.
TAKE ACTION on what you learned.
CHOOSE the brand that you know, believe or trust.
and START earning as a publisher.
Thanks for reading this blog post. Please type in your comments, thoughts, experience or questions about affiliate marketing if you have any.