Learn How to Make Money with Affiliate Marketing
But how many of those bloggers are making money from their work? Is it even possible to make money online and survive off that income? With affiliate
marketing, your dream of working from home is possible. Once you learn how to make money with affiliate marketing, you’ll be drafting your notice in no time.
Keep reading to find out everything you need to know about affiliate marketing and how it makes you money.
What is Affiliate Marketing?
Affiliate marketing is an aspect of blogging. If you’re trying to learn how to make money with blogging, affiliate marketing is one way you can monetize your blog.
Affiliate marketing involves a partnership between you, your blog content, and a company. When you recommend products and services to your users, you link
to those items. If a user purchases a product or service through that link, you receive money from that sale. That’s right. All you need to start a business without
any money is a blog. There are a few other things that will help you get there, which we’ll discuss below.
What You Need to Start
Besides a blog or website, there are a few other things that will help you along the way.
- Knowledge of HTML and CSS. These computer coding languages will help you create an attractive blog. It’s not always enough to have good content. That content should be readable, functional, and optimally designed for your audience.
- Excellent writing skills. You want your audience to know you’re the expert in your topic. They should see you as a trustworthy, credible source of information. To accomplish this, you need to be able to write to your audience. This will help you sell yourself and your product or services.
- Targeted traffic. If you don’t have an audience, you have nobody to sell to. Before you engage in affiliate marketing, you should build your viewership. This can be accomplished by writing quality content. You can also use keywords, guest posts, link-building, and other SEO strategies.
Learn How to Make Money With Affiliate Marketing
Now that you know what you need to get started, below you will learn how to make money with affiliate marketing.
The Importance of a Niche
Your niche is the topic of your blog. Niche marketing means that all of your content is directed at a specific audience. Your
content will be driven by the needs, wants, and requirements of that audience. When running a blog with affiliate marketing,
you want to find the right niche. Learn how to make money with a niche that’s in high demand with very little suppliers.
That means you’ll be one of the few offering information to that audience. You may also consider looking for a niche that has
great affiliate programs. Some niches have more options for programs than others. For example, if your blog is based on
skincare, there are a lot of affiliate programs to choose from.
One of the biggest reasons that bloggers fail to make money through affiliate marketing is that they forget to offer value to
their audience. Simple posting a link to a product isn’t enough. You need to demonstrate why your audience needs that product.
In order to do this, you need to find out what the problems of your audience are. Then, you need to demonstrate how this
product can solve that problem. That will make your users more likely to click on the link and make a purchase.
Know the Types of Affiliate Programs
There are different types of affiliate programs and different way that they pay.
- One-Tier. Receive commision when someone purchases a product through your link.
- Two-Tier. Refer other affiliates and receive commision when sales are made.
- Climbing Tiers. The more sales you make, the greater your commision percentages are.
- Recurring Commissions. These are mostly associated with a subscription service. When you get users to sign up, you receive continuous commisions for their subscription.
- Sitewide commisions. Regardless of whether someone purchases the exact product you recommend, you get a commision if they made any purchase after clicking through your link.
- Pay Per Lead. You provide leads to a business and receive commisions based on the number you provide.
- Cookies. Using cookies, a user is tracked for a specific period after they’ve clicked your link. If they make a purchase, you receive a commission.
There are 100’s of affiliate programs out there. Knowing which one will make you money and knowing how to keep track of what you’ve earned are
Know The Difference Between Links and Banners
In affiliate marketing, you can learn how to make money with affiliate links and affiliate banners. An affiliate link is a hyperlink embedded within your content.
It can be connected to text, images, or buttons. When someone clicks on that link, they’re sent to the affiliate site. On this note, make sure you add affiliate
links to your images. This will increase the number of click-throughs you get. It’s especially helpful mobile clicks. Affiliate banners are a bit different. These
are advertising banners that are placed on your site and aren’t connected to the content. They look like ads but they can be tailored to your audience or to
what you’re discussing on the post.
The Amazon affiliate program is by far the most popular affiliate program out there. If you’re going to learn how to make money with affiliate marketing,
you want to be part of this program. With Amazon, you can make up to 15% commision. The conversion rate from clicking to purchasing is one of the highest
of all affiliate program. They also offer sitewide commisions. So as long as a user clicks through your affiliate link and makes a purchase on Amazon, you receive
money. To embed Amazon affiliate links into your content, you can write reviews on various products. You can also write “how-to” tutorials and explain how
products are used.
Write an Ebook
Writing an ebook is a really great way to convert your affiliate links. You can write the ebook by yourself or hire a writer to write it for you. Your ebook should
provide information about your niche. Remember to identify the needs and wants of your audience. Then, write an ebook that solves their problems. A great
strategy is to offer the ebook for free. When a user lands on your site, you offer them an ebook in exchange for their email address. Using an email autoresponder,
you can send automatic emails to the subscriber. You’ll send your ebook out via a course. For example, a health and nutrition blog might offer a 10-day course
on how to lose weight. Over the course of those 10 days, your autoresponder sends out your book in the form of one email/topic per day. Within those pages,
you can promote products and services related to your course. Because you’re helping your audience solve a problem and offering them value, they’re more
likely to use your affiliate links to make purchases.
Build an Email List
Whether through an ebook or a newsletter subscription, build an email list of your audience. This is a great way to reach your audience often. If you provide
them value on a daily basis, the chances of converting them to make a purchase are higher. All you have to do is set up an email autoresponder that
automatically sends emails to all of your subscribers. If you simply send them that day’s blog post, it’s hardly any work with a higher chance of affiliate
Avoid Affiliate Penalties
Google will penalize you for many reasons. A Google penalty will hurt any SEO work you’ve done to increase your organic traffic. This should be avoided
at all costs. You can receive Google penalties if you don’t use your affiliate links in the right way. So don’t do any of these things when you’re engaged in
affiliate marketing. Always write great content. Posting affiliate links on pages that are short and provide low-quality content will get you penalized. Mix up
your affiliate links. If you’re providing a review, don’t post your affiliate links first. Google will pick up on this strategy. In the same way that you don’t want to
over-stuff keywords, don’t over-stuff your affiliate links. Only use them where you should be and keep them to a minimum. This includes writing listicles full
of affiliate products. Ensure that you have an affiliate disclaimer. Post this anywhere that you’re using affiliate links. You need to make sure your audience is
aware that you’re part of an affiliate program. You can also link to posts that contain affiliate links instead of linking directly to that affiliate. This reduces the
number of affiliate links on your site but accomplishes the same goal.
More About Making Money Online
Making money online has never been so simple. With affiliate marketing, all you need is a blog, a little bit of writing skill, and the ability to solve problems
for your audience. Find an affiliate program that works for your niche and takes the above steps to start seeing the commission’s role in. You can learn
how to make money with various web-businesses. For other ways to start making money online, check out our blog.