Aqz

Startups, Entrepreneurship & Development

How to get started with affiliate marketing

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affiliate

Okay, so you are looking at making money through affiliate marketing, but you don’t know a thing about it except that it can make you tons of money. Well, here’s a guide to help you get started in the world of affiliate marketing. Go on and read through this guide as your starting point.

What is affiliate marketing?

Affiliate marketing is making money by marketing other people’s products online. If you are an affiliate (or someone who does affiliate marketing), you may be making money by referring people (whether through the reviews that you write or maybe you “sell” these products and services on your website). A lot of companies use this kind of marketing because it’s very cost effective as they only have to pay affiliates, or guys like you, when a sale is made.

Affiliates are paid in commission, which range from 1% with popular brands and up to 75%. The most lucrative when it comes to affiliate marketing is the health and beauty market, which offers 30% commission for each sale. If you are successful as an affiliate marketer, you can make a lot of money selling other people’s stuff.

Where can I look for products to market?

Since there are a lot of companies that are looking to have their products marketed, it’s not hard to find them at all. You can find products when you browse or join an affiliate network. What is an affiliate network? Well, an affiliate network is a company or a website that takes care of all the information about affiliates and companies that have an affiliate program. An affiliate network, networks these two sides of the affiliate market, namely the affiliates and the companies with affiliate programs.

If you decide to be an affiliate, you can sign in on any of the affiliate networks that you can find online and you’ll have the freedom to browse hundreds if not thousands of companies and brands. You can also learn all about the commission that the companies offer for each particular sale of their service or product.

Some Tips on Making Money

You’ve decided you’re going to be an affiliate marketer and promote other people’s stuff to potential buyers on the internet. Here are a couple of tips to help you get started and make the right decisions.

  1. Choose the right niche

Choosing the right niche for you is the first step in making money through affiliate marketing.  The right niche not only provides you with the chance to do affiliate marketing , it’s also about the things that you love. For example, if you love cooking, then that can be the niche for you. Promote what you love, because if you market something that doesn’t interest you, you’d probably just stop.

 

  1. Find a mentor

Find someone on the internet who is willing to guide you through learning all about affiliate marketing. There’s a lot of learning to do in affiliate marketing and there’s a very steep learning curve. If you can, you should enroll in some affiliate marketing courses online. There are also some great information online in sites such as this.

 

  1. Don’t spend money

 

You’re in affiliate marketing because you want to make some money. So a good advice is to not actually spend money during your early days.

 

 

With all the information on the internet, it’s not really that hard to learn about specific things. So go about it correctly and you can know more about your niche and the kinds of potential consumers you have on this niche.

Affiliate Marketing – a viable business model?

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Closing store

I’ve previously written a little bit about some pros and cons with Affiliate Marketing as a business model and as a means to make money online.

As someone very new to this world I’m constantly reading blogs, checking forums and trying to get a grasp of how viable the business model in itself is.

Some say affiliate marketing is an excellent way to make money online, others go as far and say it’s the worst way to make money online.

While reading a ton of blogs yesterday I came across a very intriguing (to say the least) blog post called “How I successfully trolled myself out of Google and destroyed my entire affiliate business“.

Basically this guy, Sebastian, got involved in some kind of black hat shenanigans (the post doesn’t really describe the method he used) and ranked a bunch of joke-inspired animal sites for the top positions for some very competitive Swedish keywords related to the financial niche.

Eventually a competitor decided he had enough, got in touch with Matt Cutts and eventually Google’s Spam Team got involved and wiped Sebastian’s entire network of sites.

This goes to show how easy it is to lose everything you’ve built in a very short amount of time.

By the looks of it Sebastian hasn’t given up though, and he’s apparently working on a new affiliate project called Smartlend (which I’m guessing is targeting the same niches as he did before?).

In his blog post he also links to this new project with the keywords “låna pengar” and “smslån” and I’m guessing these are the top keywords he’s trying to target.

Since I’m new to Internet Marketing I’d like to help out whenever possible – that’s why I included the links above.

Sebastian: if you happen to stumble upon this blog post and don’t want the links – please contact me ASAP and I’ll remove them directly!

Otherwise I hope you like the links and that they help you out somehow :).

How to Get Started with Affiliate Marketing

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The concept has always been if you have a site, you needed to sell something. But with this technique, it won’t matter if your site sells products, offers services and even if there’s nothing to sell. Affiliate marketing has the capacity to add value to your site and optimize revenue. Sounds impossible? Well, it’s not.

 

So what is affiliate marketing? How does it work?

 

Let’s say a new smartphone brand named X brand wants to market their product to the public. But despite its TV ads, campaigns, media and Internet exposure, X brand wants to sell more phones. So X brand sets a program that gives out a certain percentage of the sale when someone gets to sell them off their website. For every product sold, the one advertising it will get a certain percentage off that sale. That’s how affiliate marketing works.

 

Commissions range from 1% for some retailers and around 75% for technology-based products. As experienced by many, most companies using this type of marketing comes from the beauty and health and wellness sector, usually giving out an average of 30% earnings for affiliates.

 

How do you become a part of it?

 

Affiliate marketing usually comes with little to no cost at all. Most of the programs offered don’t have any pre-requisites or a criteria to be approved. One way to search for brands having this kind of program is to Google: Brand + Affiliate program. There are some companies that go for an affiliate network, an established network that has been in this industry with successful results.

 

 

How do you get started?

 

If you have a flair for writing, it’ll be beneficial in creating regular content, reviews and insights about a certain product you’d want to sell. Start with general ideas. For example, you’re into fashion. You might want to start with the basic fashion topics such as trends for 2014, upcoming fashion designers, runway hits and the list goes on.

 

You needed to focus your topic on the one product that you’re interested in and then write from there.
If you want to have a good start, you may want to apply for a credible affiliate program. Pick your choice of advertisers and choose your set of automated codes, a link or banner-type icons that lets your network manager update products off the company. This is a good strategy that attracts customers to purchase and updated with the kinds of products or services your site offers.

 

One way that affiliates also get to pull in sales is by adding SEO keywords in their content. This is a great tool to live with if you’re planning to be in this kind of business for the long haul. SEO integration will take practice, lots of patience and special skills that you can learn off from credible SEO experts. You will eventually reap the fruits of your labor once you’ve gained enough leads from the Internet to direct your audience to purchase off your site.

 

It’s not impossible to earn cash through affiliate marketing. Learning the ways of affiliate marketing may take some serious planning and setting up a basic affiliate campaign. Keyword researching, finding profitable associates, market niche and affiliate networks are just some of the factors that you’ll need to consider with this technique. Lastly, consider time and make the most of every learning opportunity to maximize your earning potential!