Affiliate marketing is probably the fastest growing way to make money online. After all, billions of ordinary people use the Internet every day. Affiliate marketing gives you the opportunity to address potential customers regardless of their location in the world.
Because of this, it is not surprising that large numbers of people are making a significant amount of money through affiliate advertising and marketing. Many skilled affiliate marketers make more money in this field than their previous job, and as a result some of them even quit their normal 9-5 job and do affiliate marketing full time.
A quick overview of affiliate marketing
Now that we have a little idea of affiliate marketing capacity, let’s dive into and discuss what it really involves.
The easiest way to describe affiliate marketing is to help another company sell their products online and then receive a commission for every sale you bring to the company.
If you are promoting a product that has a price of $ 200 and the company pays you a 10 percent commission on the sale, you will earn $ 10 on every sale.
However, how do you refer sales? You can start by promoting your seller’s products on your website, which will receive targeted website visitors in the same niche as the product you are promoting. For example, if you have a website that sells makeup, you would not be promoting health insurance but promoting makeup products. Every time one of your website visitors clicks on your affiliate link received from the seller, you will receive a commission.
How to Choose a Good Affiliate Network
One of the biggest mistakes new affiliate marketers make is joining almost every affiliate network they come across. This is no doubt considered a completely wrong technique. There are several reasons for this.
First, being an affiliate marketer is an endeavor that requires a lot of awareness. So if you are trying to work with many affiliate networks at the same time, the chances are that none of your initiatives go as planned and consequently none of them are very successful.
Second, there is no doubt that you can focus on just one or a few products before you start promoting them. This method will also help you refine your strategies, make the necessary adjustments, and thus make your marketing much more powerful. An effective approach will produce better results and will reward you for your efforts and time.
Third, make sure you do some research on the affiliate network as there are some networks that only pay you once a month which may not work for you or worse, they might not pay you at all. I am not saying this to deter you from being an affiliate marketer, rather I want you to manage to find the right network and products to market and earn your commission.
There are affiliate networks that resort to “shaving,” a very common practice in affiliate marketing where the networks have a reduced number of sales than you stated, resulting in dramatically fewer commissions.
In order not to fall victim to this action, I would suggest that you stick to known and trusted affiliate networks. In any case, the only way to be successful with a network is if you are familiar with it and the products you are promoting.
How To Start Sales As An Affiliate Marketer
Some affiliate marketers use social media sites like Facebook, Twitter, YouTube, and others to do associate marketing. Others choose to build their own website. Getting your own website is an exceptional approach to affiliate marketing because it puts you in control of everything.
Therefore, in the future we will focus on affiliate marketing through your own website. As mentioned earlier, the first thing you want to do is find an affiliate network that you are familiar with. This includes being familiar with the products you are promoting so that you are not selling products that you do not know about.
Amazon Associate Program
Even so, many marketers consider Amazon’s associate marketing program to be one of the best. It is possibly the most trusted network and has a large inventory of products to promote and receive your commissions.
This gives you the opportunity to promote just about any product on the market, or choose a niche with low competition, and you could be earning commissions in less than a week.
Find a good keyword
This is considered to be one of the most difficult parts of marketing. You just can’t blindly pick a keyword and expect to make sales quickly. One of the reasons many affiliate marketers fail is because of the wrong keyword being used.
If you’re new to affiliate marketing, you’ll want low competition keywords. Start your keyword research by finding long-tail keywords with a low search volume. That means a lot less money, but not really with those who have a lot of competition.
You can test the top 10 and 20 results and do some research to see if you are superior to them. Review the keywords used by the competition to see if they are using identical key phrases that you want to target. If they do, and they have a website with high authority in that niche, I would recommend that you stay away from that niche and go for a brand new, less competitive website.
This is important. If you think you will make big bucks by creating articles that won’t help visitors anyway, you are very wrong. Although your goal is to make money by referring visitors to the offer, you need to offer them one important thing. If you merely post your hyperlinks along with lame sales pitches like “This is a wonderful solution, buy this product through my personal hyperlink and get a discount”, you may be on your way to disaster.
If you choose Amazon’s affiliate program, you can write an informative article on your home page and include your primary keywords and some secondary keywords in the article. You could have the buying guide and write your brief opinion on each product that you market. Remember that the higher the cost of the product you market, the higher the commission.
We know this is probably the hardest method to do unless you are an SEO guru. Contacting high authority websites and guest posting on these websites is a well known means of getting great backlinks. Those great backlinks, as well as guest posts on related websites in your niche, will get you on the search engine first page as long as the keyword you choose has really low competition.
Even if your website doesn’t get to page one, as long as you’ve guest posted to a number of websites in your niche, you will be bringing in a significant amount of targeted traffic from those websites. So it’s a great tactic anyway.
Mistakes to Avoid
Now that you are aware of the process of becoming a great affiliate marketer with your own website. I want you to also consider some of the most common mistakes brand new affiliate marketers make.
Not a good value
While we covered this article, it is certainly important to remind you that if you are trying to be extreme with your words to pressure visitors to click your affiliate link, many websites likely will classified as junk or spam.
Rather, it is recommended that you assist these individuals in choosing the right solution based on their individual desires. This method makes these people feel more comfortable, which in turn verifies the products you market against the value in your item.
Numerous online marketers will not do proper product research to get information about the product they are promoting. Instead, they are just concerned about the amount of commission they will earn per sale, regardless of whether it adds value to their visitors. This is an oversight and at some point will result in your readers not relying on something you tell them to do.
Keep track of your links
When you start advertising on Amazon or any other affiliate network, it is helpful to keep track of your affiliate links. It can help you figure out which website is making more sales and then you can make sure your other websites have the same setup.
I want to say that despite the fact that affiliate marketing can be very fulfilling, it has a steep learning curve. You could be disappointed on numerous occasions before making a fair amount of money online.
That said, affiliate marketing is simply for people who are likely to deal with multiple mistakes but come back with a positive attitude and ready to learn from their mistakes.