In this post, I will be looking at the basics of affiliating marketing, but first just what is affiliating marketing?
According to Investopedia
Definition: A way for a company to sell its products by signing up individuals or companies (“affiliates”) who market the company’s products for a commission
Affiliate marketing is an advertising model in which a company compensates third-party publishers to generate traffic or leads to the company’s products and services.
The third-party publishers are affiliates, and the commission fee incentivizes them to find ways to promote the company.
For people looking for ways to make extra money or to have an online business affiliate marketing has become one of the most popular ways to make money online.
The first thing you need to do as an affiliate marketer is to set up a blog or website which you will use to display advertisements provided to you by the companies which you represent.
Each time a sale is made through your affiliate link from your site or blog, you are paid a commission.
Your Success will depend on the popularity and success of both your website, the products and or services that you promote.
If done right affiliate marketing can be very profitable, so it is very important to get it right
To be successful at affiliate marketing, there are a few things that are important to have a good idea of.
You need how to create and maintain a website, understand how search engine optimization works, and have a good working knowledge of social media and social media marketing.
Staying up to date on all the new marketing strategies is absolutely necessary to ensure that your new affiliate marketing business venture doesn’t end up going anywhere.
If you are a newbie and have no knowledge about affiliate marketing, there are training platforms that will teach you everything you need to know about affiliate marketing.
Building Your Platform
The most successful affiliates know the value of building a strong platform to promote products on.
Having a reliable online foundation allows you to share your brand and develop a reputation.
This adds credibility to your promotions and encourages people to trust your recommendations.
A niche is a distinct segment of a market, in other words, an “audience”.
When choosing a niche that fits you, you should be choosing something that is ideally an interest, a passion, a hobby, but it could be something that you would like to learn about.
You don’t need to BE an expert, you BECOME an expert.
Get a Website
One of the easiest ways to build credibility is to invest in getting your own domain.
Once you have a domain, if you have developer skills, you can build your own website. Or, you can become a member of a training platform like Wealthy Affiliate that will train you,
They will also offer you some free themes available, but you could also spend a little bit to set yourself apart from the internet herd
A Quick Look at How YOU Will Be Creating Success.
Success online is very simple at its core. There is a 4-step business building process that you are going to be learning here at Wealthy Affiliate. Here is a quick diagram breaking down the process.
Broken, down, the process looks like this:
Step 1: Choose an Interest. This can be anything at all, any interest, passion, or even something you have no personal experience with.
Step 2: Build a Website. Your website is your foundation and we have the most sophisticated and feature-rich website and hosting platform here at Wealthy Affiliate.
Step 3: Attract Visitors. The first focus is FREE traffic and there is A LOT of it out there.
Step 4: Earn Revenue. Once you have people on your site and traffic, you can earn revenue. With over 50 ways you can monetize traffic online, and over 550 MILLION products/services that you can promote as an affiliate.
At Wealthy Affiliate, all the steps needed to become a successful affiliate marketer will be given to you and you can become a member for free.
Understand the Make Money Process
There are many different ways you can earn money online and many different ways in which you can build an entire business. But the most lucrative is Affiliate Marketing.
Below is a diagram outlining the process of making money through affiliate marketing.
There are now over 4 BILLION people online as of 2019 (YOUR audience) and these people are going to search engines, social media, or visiting websites for help all the time.
These people are looking for information, solutions to problems and to buy stuff.
That is where you are going to come in with your website and help these “audiences” by offering them information about what they are looking for.
You will be “helping” these people, recommending products/services they can benefit from, and you earn affiliate commissions ($$) as a result.
When it comes to making money from the internet, there are many methods advertised as being quick ways to make money, please be careful many of these are nothing but a scam.
Affiliate Marketing is not a get a rich quick venture, it’s going to take time, work and effort so if you are wondering if affiliate marketing works yes it absolutely works
Cost Is Minimal To Start
It hardly cost you anything to start, you can start for free at Wealthy Affiliate, with affiliate marketing there is also:
No selling face to face!
- No stock to keep or manage!
- No recruitment involved!
- No taking of endless surveys!
- No huge investment involved – (Get started for FREE)
- And no working for someone else!
- You can operate in any market you wish! – even your hobbies & passions!
- Earn a full-time income & more!. No limit to your earning potential!.
With free membership, you will get 10 lessons and at the end of these lessons you will have a beautiful website up and running, ready for business
Should like what you have seen and experience with your free membership you may decide to go for the premium membership,
There are much more information and tools offered in this membership, I would suggest you go to this level if you want to build an online business.
I appreciate your time here, hope you found the information helpful, I am looking forward to your comments and questions, and please share this post.
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)