affiliate marketing It’s one of the best-known (and most lucrative) ways to make money online.
However, not all bloggers can generate good income from affiliate commissions.
I tell you more, with almost 2 billion websites out there (source “live internet statistics“), many will not even be able to generate a single sale.
But let’s see the glass half full.
In fact, many bloggers have taken affiliate marketing one step further and have dedicated their entire professional lives to working online.
Surely it is the dream of many of you.
But what makes a good affiliate a good one? excellent affiliate?
In truth, there is no easy answer, as the range of potential products and services that can be promoted through affiliate marketing means that an equally diverse range of practices and methods have been used to exploit it.
However, if you are completely in the dark about all this affiliate marketing, let me fill you in on it.
You should consider some points while choosing the way to make money online with affiliate marketing (This post contains about 1500 words and takes about 7 minutes to read).
What is affiliate marketing and how does it work?
It is a relatively modern form of marketing with its roots in the early 1990s when companies hired members of the general public to direct people to their stores.
The reasoning is that people are more likely to trust ‘one of their own than a company drone’.
Affiliate marketing today is essentially the same practice, only online.
Essentially, it all comes down to uploading links that direct your viewers to your affiliate partner’s site.
If some of them are going to buy that product or service, you will get a commission for it.
Generally, the standard is 10-20%, but the commission can be as high as 50% or even 70% for specific products.
Basically, the amount of the commission can range from as little as $1 to larger sums such as $1,000, $2,000, or even $10,000 depending on the product or service you are recommending.
4-Step Plan You Need To Earn $2,000/Month With High-Cost Offers
Now when you sign up for affiliate programs, you’ll get a unique affiliate link that you use when promoting that specific product.
This is a tracking URL, which companies (or affiliate networks) use to record if your referral led to the sale.
Each affiliate program you are signing up for has its own terms of service, such as the cookie period.
If this time is set to 30 days, if your visitor uses your affiliate link to view a product’s web page but decides to purchase it within the next 30 days, you will still receive the affiliate commission.
Here are some important affiliate marketing terms to read up on.
- Affiliates: people (webmasters, bloggers) who will use affiliate programs to generate income.
- Affiliate Market: You can log in to find different affiliate programs in a specific niche (for example, Share for Sale, ClickBank, Amazonetc.).
- affiliate link: the unique tracking link you will receive when signing up for an affiliate program.
- Commission: It is the amount of money you will earn for each sale of the specific product or service you promote. Basically, if you recommend signing up for an affiliate program and some of your readers will do so, you’ll get a percentage of the commissions this user will generate (for a certain period of time, usually a year). Some examples? sowing, VoiceValued.
The ones mentioned above are just the basic terms you need to know to start your affiliate marketing journey.
Soon, you will learn about coupon codes, URL shorteners, landing pages, etc.
Study and Research
Getting the right information is crucial for affiliate marketing, just like any other online business.
First of all, it is about learning. SEO and writing. Select a niche, conduct keyword research, target specific terms, and write relevant, useful, and informative content for your users.
There are tons of courses available on the internet and you should do your research before choosing one. I suggest this one, hosted by The Second Wallet and hosted by Vick Strizheus, 8-figure internet entrepreneur and digital consultant.
Choose the right partners
Obviously, if your blog adheres to a specific nicheYou’ll want to use partners whose products reflect that market.
For example, if you have a blog that deals with health and fitness, you should look for affiliates that deal in products like health supplements and gym equipment and services like personal training. Maybe you even love skincare and have a routine that you want to share with millions of people. Direct sales for organic skincare companies. have recently increased with the trends towards organic health care products. If you already know about skin care, then the sale is much easier.
If your blog is less focused, of course, you will have potential options, but it is always better to have a clear and defined focus.
Also, try not to target affiliates who only sell low-priced (cheap) items and services.
For bloggers writing about WordPress or building websites, the BlueHost affiliate program awards a $60 commission on each sale.
And when you get an email in your inbox announcing you’ve made a sale, you can party!
find a balance
As a blogger, affiliate marketing can potentially generate a tremendous amount of income for you and whoever you are associating with. Still, if you go too hard on it, your blog could lose its credibility.
As your blog loses credibility, you’ll lose viewers, and that will send you spiraling down the search engine result rankings, leaving your partners feeling like they’ve backed a lame horse.
Be sure to keep your blog stocked with content that is not affiliate marketing based, or people will soon see right through you, and you will lose not only your blog, but also any potential income you can earn through it.
If its content is not worth reading, then no one will read it; It’s really that simple.
Research Affiliated Companies
Unfortunately, as a affiliatethere is very little chance that it will go it alone.
If you really want to earn a decent amount of income, you’ll need to use an affiliate program.
The company running the program will be the one that pays you, so be sure to do as much research as possible on the companies’ fees compared to their competitors, and ask if the company you’re considering has a good track record with their users.
Most affiliate programs will operate on a ‘pay per click’ or ‘pay per sale’ basis.
With PPC, you will earn a commission for each person who visits your site and is referred to your affiliate partners’ site through your links. With PPS, you will only earn your commission if the visitor eventually purchases an item or service from your partner’s site.
Obviously, you will generally get more commission from a PPS system, but the commission will be much less frequent.
Whether you decide you prefer PPC or PPS is largely up to your own personal preference, but make sure the company you choose to work for uses the payment arrangement you’re most comfortable with.
Produce HIGH QUALITY content
Do you know your audience?
Be sure to only promote those specific products or services that are relevant to your users, and strive to create content that addresses their problems or needs.
This is a good article from MarketingLand, which explains 7 Big Mistakes New Affiliate Marketers Make.
The first error is “Sell instead of help”.
Make sure you write genuine posts to help your audience solve one of their needs or problems, and you’ll be well on your way to finally generating income with affiliate marketing.
Use the right tools
When it comes to affiliate marketing, like any other online task, if you are going to use the right tools, everything becomes much easier.
First of all, you want to have a blog.
Do you need a completely FREE guide to help you create your first blog and make money from it?
How to start a blog (and make money from it) – Step by step guide
If you use WordPress, I have a tool to suggest.
It’s called the Pretty Links plugin, which will make your affiliate marketing job much easier.
Basically, it helps manage all your affiliate links in one panel, making it easy to add them every time you create new content.
Also, you can create groups for your links, hide them and customize them.
I hope this little guide to affiliate marketing helps you get started.
There are many possibilities to earn money on the web. Most of them have in common that you need high-quality content. In fact, check these residual income business opportunities.
To generate truly first-class journalistic content, education is the best way. The Open School of Journalism offers a distance education program in journalism with many electives, including online journalism, content marketing, etc.
And you, are you making money with affiliate marketing?
Do you have any other suggestions to add?
Please share your experience in the comments below. Thank you!