When it comes to making money online, you can find tons of information on what you can try. One of the most popular and most successful of these methods is affiliate marketing.
That brings us to the question of what you know about affiliate marketing and can you jump in to start making big bucks?
Probably not, or you won’t be here reading our insightful article and trying to learn how to make money online for beginners. So let’s dive right into what you are here for.
What is Affiliate Marketing?
Some people would make you believe that affiliate marketing is simply a walk in the park. Well, not us. We won’t sell you that story because we know that like most other businesses you need to put in the work to be successful in affiliate marketing.
Affiliate marketing can be aptly defined as making money off other people’s sales. That actually sounds weird, but here’s more. Affiliate marketing is when you work with a company or someone selling a product and you encourage people to buy that product.
When these people are actually convinced and they make a purchase, the company gives you a commission (payment) for facilitating that sale.
Sounds much better right.
So pay attention as we are about to explore affiliate marketing for beginners. Here’s how this business works.
Step 1 – Recommend a product to a target audience and share your affiliate link while doing so.
Step 2 – Your target audience decides you know what you are talking about and go on to make a purchase with your link.
Step 3 – The company or owner of the product is happy and gives you a commission for your recommendation and any sales made using your specific affiliate link.
Affiliate Marketing for Beginners – how to make money online with it.
1. Find a niche
A niche or business niche is a specific area of business that focuses on similar products or services. Examples are the skincare niche, hair niche, health and fitness niche, and so on.
So, your first step in affiliate marketing is to decide what niche you would focus your business on. Now, this looks simple enough so you can avoid mistakes.
Here are a few tips to find a niche for your business.
1. Consider something you are passionate about – If you are a girl that likes makeup or a guy that spends lots of time grooming his beard that can point you in the right direction.
2. Choosing based on passion already ensures you are quite knowledgeable about the niche and products involved.
3. Is there room for one more – This has to do with over saturation. The thing about affiliate marketing is, some niche can have so many affiliate marketers already and this makes it harder for you to get followers of your own or even get their attention.
4. Number 1 rule on affiliate marketing for beginners, don’t start out in a niche where you would have to compete with lots of major players who have been there for a while.
5. Is the niche big enough to generate various content?
6. Can you make reasonable profit or sales from it?
2. Sign up for affiliate programs
Now you know your niche, this can help you narrow down the products you would like to promote for your affiliate marketing.
When you identify these products, find out the affiliate programs available for them.
A simple Google search will reveal these programs. Almost everything has an affiliate program and they offer nice commissions.
For example, Amazon offers 10% based on the category, Aliexpress offers 3% for electronics and 7-9% for everything else, it goes on.
3. Check out the different types of programs
Affiliate marketing is actually more complex than most people think, but in a good way.
There are different types of programs such as a one-tier which is the regular process of getting a commission through your link.
There is also Two-tier which is when you get a commission for referring other affiliates and these affiliates start making sales.
There’s climbing tiers which give you higher commissions for an increase in sales. Others are recurring commissions. Pay per lead, and Site wide commission.
4. Set up a website and create quality content
You need a platform to call home – an online office where everything takes off from in your affiliate marketing.
Build a website and a blog and bear in mind that the blog will become a vital part of your business.
Ensure your website is set up to facilitate conversions. Add quality content on every page to attract traffic and drive sales.
You should launch with a few top-notch blog posts and swing into action getting the products out there.
5. Build an audience – An audience that can trust you
This involves knowing who your audience is, where they are, how to get to them, and so on. You can grow an email list and enjoy the massive returns from doing that.
Do you know that as much as most people just swipe away promotional emails without a second glance, emails still bring a staggering $38 for every $1 spent? Sure you didn’t.
But now you do. Keep that audience on your side with more and more quality content that catches their attention.
6. Track your results
Don’t just do all the steps above, then sit back and wait. You have to track your results to know what is working and what is not.
First, make sure you are using more than one strategy for product promotion, then track and measure results to see which one is doing well or not.
Replace the poor performing ones with other strategies and track those too.
You can do this on your WordPress site using certain plug-ins.
7. SEO still rules
SEO is search engine optimization, and it is how you bring your products to your audience. It is giving your product visibility.
SEO can be very broad and this can have you confused, but when you are learning about affiliate marketing for beginners, we encourage you to start small.
Focus on keywords, links, multimedia, images, titles, descriptions, and so on. As business and your experience grow, you can dig deeper into SEO.
Finally, always use tools to make your affiliate life easier. Use tools for marketing, research, insights and more.
With this information, we are sure you are off to a great start. Kindly share the article to give others this gift of knowledge too.
We would also like to read your comments or questions. Let’s get this buzzing; We affiliates got to stick together.