The Ultimate Guide to Affiliate Marketing Financial Independence


The Ultimate Guide to Affiliate Marketing

Affiliate marketing is a common way people make money online.

It also allows you to be less stressed and have more freedom and flexibility to make your own schedule and the ability to work from anywhere.

If you are new to affiliate marketing and feel a bit intimidated by the idea of building a business in which you have no experience, don’t, through this blog I hope to give you the ultimate guide in affiliate marketing.

First, let me tell you just what affiliate marketing basically is

What is affiliate marketing?

Affiliate marketing is like communicating to your friends on social media, you recommend a product or service to people you know, and earn a commission when they purchase it (or complete some other action associated with it).

An example of affiliate marketing

An example of affiliate marketing would be, I will use myself as an example.

I spent a lot of years in the healthcare industry, and I do have a blog about health, so on my site, I recommend vitamins and medical equipment for home use.

I  partner with a company who sells vitamins and medical equipment as an affiliate.

The company gives me a special link to the products I am promoting with my own, unique affiliate ID.

Every time I use that link in a blog post and someone clicks it, my affiliate ID follows them for a time. ( each company has its length of time some 30 days some 60 days) If they buy any of the products I advertise in my blog at that time, I will earn a commission.

So as you can see, affiliate marketing involves three parties, the merchant, the affiliate marketer, and the customer.

You can also become a partner with an Affiliate network.

What is an affiliate network?

Affiliate “networks” are centralized collections of in some cases more than  1,000’s of affiliate programs that you can join through one network. This is convenient in that you can promote many different programs at the same time (even in different niches) and receive one payment.

Also with affiliate network If you partner with an advertiser who uses an affiliate network to run their affiliate program, you will have no communication with the advertiser directly, all your communication will be through the affiliate network. This includes applying for the program, finding your unique affiliate links, tracking your sales and getting paid.

Not all advertisers use an affiliate network. Some advertisers run their own affiliate programs like Amazon.

There are many affiliate networks. Many are easy to join. Some require you to apply and wait for approval. Some are by invitation only.

Different affiliate networks provide different products so you’ll want to hunt around to find the one(s) that are the best fit for you.

I use two affiliate networks ShareASale and CJ Junction.

I personally like affiliate marketing there are so many benefits in having a business in affiliate marketing, let’s look at some of them.

For me, the pros of affiliate marketing far outweigh the cons. However, affiliate marketing still has cons. You have to decide whether it’s right for you.

Pros of affiliate marketing

You do not need to think about producing or storing, or shipping and returns, customer service in other words affiliate marketing is hassle-free.

You have the freedom to work from anywhere, as affiliates you have more time to focus on what they want to do, while still making money.

No hard selling. your job is to simply refer potential customers to them. This is great for those of us who don’t like to sell.

You get to earn a commission from each purchase made from a link in your post, and it doesn’t have to be the product you are advertising.

An example would be someone click on compression socks I advertise on Amazon, however, they did not buy the socks but bought some household items instead, I would get the commission on everything that was purchased from that click.

Many affiliate marketing programs there is little or no barrier in joining.

Most require you have a website and some require you have an active audience. And you stand to lose nothing unless you join a PPC and it would be very little.

There is little or no maintenance associated with an affiliate link unless there is a change from the advertiser and you will be notified, once it is in your post you can earn commission repeatedly, days, weeks, months and years later. ( a passive income)

Cons of affiliate marketing

It takes time to build trust, you won’t make money without an audience that trusts you first.

Building trust takes time, it takes a lot of patience up front.so keep in mind success will not happen overnight.

Affiliate marketing is much more profitable if you have a lot of traffic and building up your audience There some other takes time.

There are some other in my opinion minor cons like. Once you make a referral, you are ultimately not in control of your audience’s experience or information, so you will not be able to

In case you are wondering affiliate marketing is legitimate and the money you make depends a lot on you.

There are affiliates who make 4-6 figures per month but one affiliate says she makes sure to publish a new article every day she makes $8000.00 + per month her blog name is little mama

While some affiliates have several streams of income so it all depends on you but remember after you are established and you have your audience who trust you, you will then be able to take it a bit easy.

If you would like to be an affiliate marketer you will need a blog a website.

A website is where you will be communicating with your audience and advertising your products.

I would suggest your blog should be about something you love or are passionate about, this way you will have more interest and writing won’t feel like a chore, it doesn’t matter if you are not an expert, you will be doing research which will make you an expert in the end.

Then you will need a platform to host your website some platform charges for their service, I use the Wealthy Affiliate platform which is free.

You will also need to buy a domain name the address for your website the .com address.

You will then need to draw people to your website using different methods like social media youtube, etc.

I know all this may seem overwhelming especially if you are new to affiliate marketing or not a technical person, there are several platforms you could join that will teach you, but in my opinion Wealthy Affiliate is the best and it is free.

Description This is a 10-lesson course that is part of the Wealthy Affiliate Online Entrepreneur Certification. It will walk you through the steps of creating a successful online business that generates revenue. This getting started the course (level 1) is your first step to realizing your potential as an online business owner. phase one consist of 10 lessons and these are

lesson   1

Getting Rolling!

Lesson 2

Understanding How to Make Money Online

Lesson 3

Choose a Niche

Lesson 4

Building Your OWN Niche Website

Lesson 5

Setting Up Your Website

Lesson 6

Getting Your Site Ready for Search Engines

Lesson 7

Creating Your Initial Website Content

Lesson 8

Creating Custom Menus on Your Website

Lesson 9

Understanding Keywords, The Start of Your Content

lesson 10

Congratulations and Your Next Steps

With this free membership, you will get the 2web site and 12 WordPress themes to choose from and your website will be hosted for free your domain name would not be free it cost approx. $13.50 per year and this can be purchased at Wealthy Affiliate

There is also a premium level that provides you with a lot more information and tools that will better enable you to meet your goals.

You may be wondering if you could operate a successful business with the free membership, if you are new to affiliate marketing I would recommend you upgrade to the premium program, I joined for free then after a month of looking around and familiarizing myself with the platform I upgraded to premium a free membership never expires so.

In Conclusion

I have tried to give you an ultimate guide to affiliate marketing, I know you probably have more questions and I am willing to answer them leave them in the space provided And I will reply,

Affiliate marketing is not hard you do not need to be an expert or a language major to write a blog so please do not be intimidated by the thought of your article been published on the web

If I can do it so can you, I am a retiree with no previous experience, at Wealthy Affiliate, you will be given step by step instructions and you work at your own pace, so give it try, you have nothing to lose.

I do hope you found this post helpful, thank you for stopping by, and I would be grateful to you for sharing 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).

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