Sincerely, some 9-5 jobs can never guarantee a successful and stress-free future. You also do not necessarily have to exchange your time and freedom for money the rest of your life. This is why you must secure a passive income source through Affiliate Marketing and many other online earning strategies as you may find on this website.
What Is Affiliate Marketing ?
Briefly, Affiliate Marketing is the method of selling/recommending products and services from other other people to your audience in order to earn commissions on their sales and/or leads.
Affiliate Marketing if done right can be very lucrative, many people earn a good living just by promoting other people’s products. As an Affiliate Marketer, you don’t have to worry about creating your own product and you won’t have to deal with customers or customer support issues.
All you need to do is to sign up to an affiliate program , grab your affiliate link , share it with your audience and friend and get paid whenever someone makes a purchase through your unique link.
As much as Affiliate Marketing may sound pretty easy, you may also need to to work hard on your traffic sources initially or you may end up giving up on yourself.
With that said, I shall enlighten you on some of the core factors in affiliate marketing.
How Does Affiliate Marketing Work?
When you join an affiliate marketing program, you are either given a unique identifying number or name or you choose your own unique identifier.
The Affiliate Network then uses this unique identifier to track all the leads / visitors you send to their site. When one of these visitors makes a purchase, You”are credited with the sale and allocated the percentage commission for that sale.
Most affiliate programs have reliable tracking systems in place. When you send a visitor to the merchants website, that visitor is “logged” as having been sent to the site via your unique affiliate link. Even if they don’t purchase on the first visit, there is a chance that when they return at a later date to purchase, you can still get credited for the sale.
This is because most programs use “cookies” to store information about their visitors, as long the visitor you originally sent hasn’t picked another cookie up or deleted/cleared their cookies on their computer you are still credited with the sale for that visitor.
Some Relevant Affiliate Networks To Choose From.
- CJ Affiliate
- Impact Radius
- Amazon Partnership Program
There also are CPA Networks (Cost Per Action), these networks offer commissions based on certain actions that your visitors perform on a landing page. These actions include but are not limited to; simple signups, entering of emails , trial subscriptions and more.
Below are some of the relevant CPA networks.
- Amazon Bounty Offers
How To Sign Up To An Affiliate Network.
Signing up to an affiliate network is mostly easy and similar in all networks. You simply fill out your personal and/or professional details such as Name , Email Address, Residential Address , Website Details , Tax Information and other useful information deemed essential by the network you may be trying to join.
I personally find ShareASale’s signup process much convenient so I shall be demonstrating that in this case study.
Choose to sign up as an Affiliate on the homepage of the Affiliate Network. This option can also be located in the footer section of the webpage.
For this step, you will need to provide your Username , Password and most importantly your country. This is important because not all countries are allow on networks like ShareASale and ClickBank , but for a solution , you may consider using a quality VPN from NordVPN in order to be accepted into one of these networks.
Note: You must first check from the accepted country list before proceeding to sign up.
This section also demands information about your website/blog. For ShareASale, you must have at least own one website to be able to signup. Don’t have a website?, no proplem , there is a solution to this requirement however. If you do not own a website already, you can create a free one with Blogger , Medium , GetResponse etc. as a beginner or even for professional use also.
I skipped the email entry part because it is too easy as you may see in your action. This part however seeks information about you as regarding your Full Name, Contact , Address , Zip Code and a description about your promotional objectives.
Here, you are required to optionally provide a payment method . This can still be skipped and completed after your application is approve . I really recommend skipping this method because you can connect a Payoneer account directly for a much more flexible payout.
Right after you’re accepted into any Affiliate Network, it is then time to actually find a good product which you can promote and start earning from your sales and leads. Below are tips to get you up and running with your affiliate marketing business.
How To Start Earning From Affiliate Marketing.
1:Select Your Preferred Product or Service To Promote.
Choosing a perfect product to promote must always depend on the niche you are dominated in, your audience preference and the commission structure that you think is worthwhile.
After sorting that out, you can apply to any program from the merchants page and make use of their links and banners once you are accepted into the program.
2:Create Promotional Contents To Start Marketing.
Creatives such as banners can be added on your website/blog to start promoting right off the bat. Several creatives such as banners, thumbnails, infographics, etc. can be created and shared directly to all social platform with the help of Canva.
However, your affiliate offers can be promoted also through the below methods.
Right, you can create a YouTube Channel and recommend your affiliate products and services to your viewers and subscribers. This is usually done by making mention of the product in your videos and then providing the referral links in the Description Section of your YouTube video.
Just as you are reading from this blog, you can also create your personal blog dedicated to a specific audience and recommend your affiliate products to them.
Remember that this is only possible if you provide good content which gives real value to readers.
Another effective method is by creating useful ebooks which can be sold or better still given out for free. Either you sell or hand out freely, you have the option to refer people to your affiliate services by embedding links into your ebook.
There is also the option of creating a full course about what you know. No matter what information you are putting across, there shall always be certain products available on several Affiliate Networks which you can promote in the course of your delivery to maximize your earning potentials.
3:Drive Traffic To Your Contents and Affiliate Links.
This is literally the most important part of any online marketing. You can not make sales and leads if you are not getting enough web traffic to your content. Anyway, you have two methods of driving traffic to your contents and these are ;
- Free Traffic
This is a very effective method and it’s used by most websites to generate free and quality traffic everyday to their contents. There are many ways to go about this and I have explained them in detail in this article [How To Get Free Web Traffic To Any Website/Blog. ]
- Paid Traffic
This is also a fast method to generate traffic to your contents but as the name suggests clearly, you must spend some money on Ads in order to get these fast results. There are a massive number of Ad Networks but I am going to show you some of the best ones that you can trust for great results.
- Google Adwords
- Facebook Ads
- Quora Ads
- Bing Ads
- Instagram Ads
- LinkedIn Ads
Some DOs and DON’Ts in Affiliate Marketing.
- Do make sure you can accept payments in the currency offered by the Vendor / Network.
- Do check that any CPA offers you are promoting are still current; sometimes campaigns are halted or replaced by newer ones.
- Do make sure that you understand any terms and conditions placed upon you by the affiliate by the network you are promoting. Don’t mix programs if you are not allowed to.
- Do periodically test your order links to ensure that any vendors’ product you are promoting is still live and performing.
- Do work hard to drive traffic to your site. If you have time, write articles on your chosen Niche / topic and submit these to the popular article directories.
- Don’t break the rules of any agreements you have signed with the networks or other affiliate program managers.
- Don’t spam anyone with unsolicited email messages.
- Don’t forget to place a notice on your site and a warning in your email communications so you comply with the FTC guidelines.
- Don’t give up, if you are rejected by one network, try another.