How To Make Money Doing Affiliate Marketing

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How To Make Money Online Doing Affiliate Marketing

There are many opportunities to make an active and passive income online. And with modern technology, this task can be done anywhere you desire.

One of the many ways to use the internet as an income source is by pursuing affiliate marketing.

It is intended as a way to generate income; let’s have a look at how this works.

What is Affiliate Marketing

Affiliate marketing is selling another person’s or company’s products and services. It’s like a referral service.

You set up a website or blog and join affiliate programs relevant to your audience. You can connect to these programs through affiliate networks like ShareASale that provide you with a link that you include on your site.

When someone clicks the link, the person is taken to the merchants’ website, and if a product or service is purchased, you receive a percentage of the sale proceeds as a commission.

How Much Can Money Be Made?

A survey from VigLink shows just how much income affiliate marketers bring in. According to the study, 9% generated more than $50,000 in affiliate income in 2016.

The majority, 65%, said they made between 5% and 20% of their annual revenue from affiliate programs.

The survey also showed a link between time frames and revenues. Among the publishers with the most significant revenues, 60% had utilized affiliate-marketing strategies for five years or more.

The most beneficial aspect of affiliate marketing is that once you get a solid affiliate program, you can earn an income on autopilot. All that’s required is a steady traffic flow to your blog or website.

You can start affiliate marketing for free, but it will take time to build your audience and trust, which in my opinion, is the hard part of affiliate marketing.

How to Start an affiliate marketing business.

To start affiliate marketing, start by thinking about your audience. What demographic will you be catering to, and the kinds of products or services are they most interested in. This would be your niche.

After you have decided on your niche, you would then locate the products you will be recommending; please make sure that the products or services recommended are good, as your reputation will be on the line.

If you have not used the product or service, be sure to do thorough research before recommending the product or service.

You can add links to any affiliate program to your site, but if you want to market them with authenticity, it’s best to stick to companies with which you already have some connection.

Find An Affiliate Program

Next, research individual affiliate programs to compare their structure. You want to consider factors such as how much the commission is and how often the affiliate pays.

I find it best to use a reputable affiliate network like ShareASale’s as this will eliminate any problems you may have with an individual affiliate, except for Amazon, which runs its outstanding affiliate program.

Remember, adding a disclosure to your blog posts or somewhere on your website is essential, letting them know that they may come across affiliate links. And you will be paid a small commission that does not affect the price of the goods or services they purchase. This adds to your credibility, and it’s also required by the Federal Trade Commission’s endorsement guidelines.

The Bottom Line

Affiliate marketing can be lucrative, but it takes time and money to make it a severe enterprise.

Wealthy Affiliate

Wealthy Affiliate is an affiliate marketing training platform, I am a member of this platform, and I can assure you. It is a platform built for every affiliate marketer, whether you are new to affiliate marketing, have some knowledge of affiliate marketing, or are an expert with years of experience.

At Wealthy Affiliate, You can join our starter program for free; with the free starter program, you will receive ten lessons, and at the end of these lessons, you will have your online business website ready for business.

Wealthy Affiliate has been around for over a decade, and during this time, the membership  have grown to over 1.4 million and are from across the globe.

Here is a video of one of the lessons in the free membership.

Level 1 lesson 9
Understanding Keywords, The Start of Your Content

With Wealthy Affiliate, there is no need to worry if you are a novice like I was; as you can see from the video, the lessons are given in a manner that is easily understood, and in case you do not understand something, the Wealthy Affiliate is a community that is filled with members who are willing to assist you.

And because these members are from around the world, some are from different time zones, so there is always someone on the platform to assist, and there are also the owners’ who are also the tutors; they can also be contacted.

Premium Membership

There is also the premium membership, which does cost, but in my opinion, it is well worth the cost; here is the price list.

To make money online, it is best to have different streams of income, and with the premium membership, you get 50 websites; I would suggest that you set up your business with one website and have it running and is established before starting a new one (my opinion)  But if you can manage more than one, that’s ok everybody is different.

Here is a list of what’s available with both memberships.

With the premium membership, there is also live video training, and the good thing is these trainings are archived for premium members, so they will always have access to these videos.

Here is a sample of one of the live training videos.

Creating A Beautiful Professional-Looking Website

With Wealthy Affiliate, there is no need to go outside the platform for anything; everything is provided for the same membership fee. There is no upsell, and you do not need to purchase additional tools or information, and remember, you start your own online business for FREE.

Conclusion

I must let you know affiliate marketing is not a get rich overnight, and affiliate marketing is like any other business; it takes time to build customers and trust.

Here is an article from one of the Wealthy Affiliate members just telling you a bit about affiliate marketing   https://my.wealthyaffiliate.com/ropesa/blog/what-do-you-need-to-know-about-affiliate-marketing-ask-wa/a_aid/5373fe86

I am a retiree with no previous knowledge of affiliate marketing or computer technology apart from entering data, and with the training, At Wealthy Affiliate, I am  earning some extra income to supplement my retirement income,

Wealthy Affiliate is a company that genuinely cares that its members succeed and is constantly updating its platform. The platform has the latest information and tools, but nothing is outdated.

The site is available 24/7 and can be reached from your dashboard at no extra cost, like some other training platform.

So I am encouraging you, if you are looking to earn some extra money to supplement your income, or you’re saving for some project like traveling or anything that needs some extra cash, come and join me at Wealthy Affiliate; you can be a starter member for free, and a free membership never expires.

You can become a member by clicking on any link within this post, and I will be there to show you around and answer your questions; I will be there for you.

Thank you for reading my post; I appreciate it; please remember to share, and you can leave your comments and questions in the space provided at the end of this post, and I will reply.

NOTE:  This post includes affiliate links, which, if clicked on and a product purchased, I get a small commission (with no increase in cost to you).

2 thoughts on “How To Make Money Doing Affiliate Marketing

  1. Wow! There’s a lot of great information here! I know more and more people are getting involved in affiliate marketing, and it seems you are with the best training program. Free! Amazing! Keep up the great work and best wishes!

    1. Hello Cathy thank you for stopping by, and yes the Wealthy Affiliate platform is the best to launch and maintain your business, all the latest tools and information is available here. Thanks again for your comment and wishing you all the best.

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