how to start affliate marketing: what is it, and what are the steps you should take to start your affliate marketing business in 2019.
Affiliate marketing is a way to make money by driving prospects to the merchant’s website via your unique “affiliate” link. You will be rewarded a certain percentage of commission for each product bought by the customer. Here is your step by step guide on how to start affliate marketing.
The Affiliate marketing business model present one of the best online business idea to start making money online fast and easy. That is why so many people choose to start affiliate marketing when they start their online entrepreneurship journey.
It allows you to make money online, even if you don’t have a website, blog, or any products of your own (having a website is more professional and it may be required by some affiliate network to join their program).
starting an affliate marketing business less risky as it is a low-cost business opportunity with no barrier to entry and it let you make a very good passive income.
According to webmarketsupport,81% of brands and 84% of publishers leverage the power of affiliate marketing and also according to mediakix affiliate marketing spending is growing by 10.1 percent every year.
Another beautiful stat about affiliate marketing that you have to know is a stat Based on data from Job2Joy and Ink Well Editorial, it says the majority of affiliate marketers (50 %) earn up to $20,000 per year,35% affiliate marketer more than $20,000 per year. And, 12% of affiliate marketer earn more than $75,000 per year, 3.2% of affiliate marketer earn more than $150,000 per year.
This stats tell you, deciding to start an affiliate marketing business is the best decision you ever made.
The main task in the affiliate marketing business.
The main task in affiliate marketing is traffic generation. Which could be done using free traffic or paid advertising methods or a mix of these methods.
Using a free traffic method takes time but it is less risky and it will have more return on investment. Free traffic method means you are not going to spend ad money to get the traffic, which is great!.
There is a tone of ways to drive affiliate traffic using Facebook, Twitter, YouTube, Pinterest, tumbler and other social media marketing methods.
The formula to make money with your affiliate marketing business.
The affiliate marketing formula remains constant over the years despite your market or niche.
One thing everybody should note is that spammy marketing techniques no longer work in most cases and you could get banned and marked as a spammer.
You shouldn’t resort to hit and run kind of marketing. if you want a successful affiliate marketing business, you should provide value for your audience before promoting your link.
Good copywriting skill is a very important skill for internet marketers. The good news is that, when it comes to affiliate marketing, many vendors will provide you with a copy to use for your blog posts, websites ads, etc. They’ll give you the emails to send, the banner ads to display, and even posts you can use on social media (such as Facebook, Twitter, LinkedIn, etc.).
you are here because you want to know how to start affliate marketing, here is an actionable step by step guide that will help you start affliate marketing in a simple way. implement each and every step to start your affliate marketing business the right way.
how to start affliate marketing business?
- Step 1: Choosing the Right Affiliate Networks
- Step 2: Research and Select the Right Affiliate Products
- Step 3: Consider Buying and testing the Product before Promoting It
- Step 4 Utilize Social Media Marketing and SEO to get Traffic
- Step 5 Consider Using Redirect / “Pretty” Links for your affliate link
Step 1: Choosing the Right Affiliate Networks
The easiest way to start with affliate marketing is to select and join an affiliate network. There are so many affiliate networks you can choose to work with .clickbank, jvzoo, share a sale, etc.
According to Hosting Tribunal, the most chosen affiliate network for an affiliate marketer is ShareASale holding 55.7% of the market share. And, followed by Rakuten LinkShare, Avangate, eBay Network with a market share of 40.64%, 31.08%, and 30.32% respectively.
Here are some of the affiliate programs, where you can find your affiliate product.
- CJ Affiliate
- jvzoo Affiliate Programs
- Impact Radius
Let’s say you join click bank, ClickBank is one of the oldest and most popular affiliate network specializing in digital products like e-books, software and membership sites. ClickBank is a billion-dollar company and its commissions can range from 10% to 75%.if you want to promote digital products this company can be one of the best ways to start in the affiliate marketing business.
like ClickBank, all affiliate networks have their own pros and cons and as well their own specialization that you may have to consider based on your interest.
Affiliate networks are not the only ones in the business. Sometimes, individual brands and entrepreneurs with great products are worth your effort to check out their program. But, you should some background research before you decide to promote their product.
Companies may run their own affiliate program and you can apply directly to them to promote their products and services.
Many big brands list their affiliate programs on their website. Some of them provide a self-administered affiliate program the others run through an affiliate network. But you can find a registration link from their website.
The biggest brand with the largest affiliate program on earth is Amazon. Despite Amazon’s affiliate commission is not as it used to be. Amazon is always an option as you can be an affiliate for just about any type of physical or digital product on their network.
Some of affiliate marketing programs by big brands for the beginner are:-
If your niche is tech and online services, you can use one of the affiliate programs below:
Sponsored Post Programs
What is different with Sponsored posts program is it pay affiliate marketers upfront to create content that promotes a product, a service or a brand.
To get sponsored affiliate marketing opportunities you can try:
If there is some product or service you want to promote you can search for “affiliate” in its search bar. Using the information that you are going to get check out the affiliate market place that the site hosts its affiliate program. Sometimes the site may put a link at the bottom of the page as well.
Subscribe to more than one affiliate network as all networks are not created equal. And, according to a survey done by Forrester on behalf of Rakuten 94 % of publishers use two or more affiliate networks, 39% of affiliate marketer use three separate affiliates networks.20% of affiliate marketers work with more than five or more affiliate marketing networks to get their affiliate product and earn a commission.
Step 2: Research and Select the Right Affiliate Products
As a starter in affliate marketing, it is wise, to focus on two or three products at a time, so that you become expert others turn to and trust.
As you become more experienced in affiliate marketing, you can consider promoting broad niches and increase the number of products you promote.
According to affiliate marketing statistics by Hosting Tribunal majority of affiliate marketers, which account 42.17% prefer to promote between 1-10 products. And, 23.18 % of them prefer to promote 11-20 products.14.19 %percent of them promote 21-50 products. Only 7.53% of them like to promote over 300 products.
You should always keep an eye on your marketing metrics which are provided by your affiliate network or merchants.
The metrics will help you know which products are making you good profits and which ones aren’t. You should adjust the focus of your affiliate marketing campaign to those products, that are bringing you good results.
If you are interested in investing in paid advertising to drive traffic to your affiliate products you should keep an eye on your metrics and return on investment. You should also try to build an email list.
Though you can see short term result with paid traffic you should know it is a risky business and not the best way of doing affiliate marketing especially if you don’t build an email list with your paid traffic.
Follow-up trends for new product and test these products to see for which ones your audience respond and convert into a buyer.
Step 3: Consider Buying and testing the Product before Promoting It
Buying every product you want to promote may be hard for new affiliate marketer, however using the product that you promote will help you to establish credibility and trust.
As you build a more responsive email list and good reputation of affiliate sales then the merchant may provide you a free sample of their products.
Some merchants may provide you a free copy even without established business. Never hesitate to ask! You may have to disclose your affiliate relationship and you can add a disclosure about provided complimentary access to the product.
Step 4 Utilize Social Media Marketing and SEO to get Traffic
currently, Social media is very big than ever. You can use social media sites like Facebook, Twitter, YouTube, Pinterest, and other social media marketing methods to conduct viral marketing or to spread a “words of mouth”. Beside organic traffic, you can also use paid advertising on social media to reach your targeted audience.
According to a report by Kleiner Perkins, 55% of individuals purchase products online after discovering them on social media.
Also, use new channels and new methods of traffic generation. Diversify your traffic source. For example, if your marketing approach is YouTube you can also use video on Facebook and Facebook Live.
according to a post by William on medium Jason stone, made more than $ 7 million using Instagram traffic in a matter of 18 months by posting affiliate marketing offers alone. This is actually an amazing result but, make no mistake Jason stone is not an average Instagramer, he has more than 3.3 million followers on Instagram at the time.
You can use the power of social media and multiple traffic source to your advantage but don’t spread yourself so thin,you have to focus on a few social media channels that work for you.
Here are Top free traffic source for affiliate marketing
SEO / Blogging
Blogging has been the number one source traffic for affiliate marketer for a while. However, the days of easy blog traffic are long gone,this is not 2010 anymore. now there is a lot of competition to get traffic and this traffic demand a lot of work.
To make money with this method you have to learn keyword optimization and create a very valuable and engaging content constantly. This method takes time but the result could be rewarding if done right.
Youtube is actually one of the best ways to get free traffic. Now there are lots of tools that you can use to create videos without even showing your face.
You can create amazing whiteboard, animation, and PowerPoint slide videos. And constantly upload them with well-crafted description, title and do some video SEO, then watch a ton of traffic coming in.
Reddit / Forums/Facebook groups
Forums are amazing ways to drive free traffic. To drive traffic from this source you have to search forums that are in your niche.
To find relevant forum go to Google and search for “niche name forums” replacing the “niche name” with whatever is your niche. Then sign up for the forum and start building a relationship with the forum users by being helpful and interacting.
you can do the same thing to find facebook group by filtering your facebook search result with a group filter.
Don’t be spammy you could get kicked out, instead offer valuable content to people and post your link at the end of your post.
Q/A website and Quora
You can use a question-answer website like Quora to share your knowledge and get a tone of traffic. If people find you helpful they will be willing to check out your site. Again don’t try spammy tactics here it will drive people away.
Instagram doesn’t allow sharing link however you can have a link in your bio, which you have to use it very wisely. To get traffic here you have to grow your followers and encourage them to click on the link in your bio.
The easiest trick to get a follower is to follow people who follow your competition’s posts since these people are already interested in your niche they will more likely follow you too. And, Like and/or comment people’s photo with a hashtag in your niche. And as well, post engaging photos with a hashtag in your niche.
Pinterest is a visual search engine that most people use to plan their shopping and to get an idea about lots of things like fashion, home decor, cooking, etc. You can use Pinterest to drive massive traffic to your blog post if you do Pinterest SEO the right way. If you use affiliate links don’t forget putting an affiliate description in your pin description (Pinterest traffic may not be as it used to be but still you have the potential to drive greate traffic).
Step 5 Consider Using Redirect / “Pretty” Links for your affliate link
Affiliate tracking links are long and ugly. Making your link shorter and clickable will give a more professional appearance. You can use services like bitly to shorten your URL. If you want you can also use pretty link a word press plugin or any other plugin.
note: some site like pinterest don't allow shortened url.you have to check out the rule and guideline of the platform that you want to promote your affliate link.
The resource to master affiliate marketing (in 2019)
If you read this blog post top to bottom you know how to start affliate marketing business. You should start taking action now. stop procrastinating and start your business right now. You will learn more by doing so start your affliate marketing journey now.
To bring amazing result knowledge is key after you start your journey spend a portion of your time learning and understanding all the secrets behind this business. Here is the list of courses and resources that you can consider to take yourself to the next level of understanding affiliate marketing.
The wealthy affiliate provides you step-by-step training to walk you through the basics of how to start affliate marketing to building a tangible business. You will have the opportunity to start making money right away. The program also includes a free website with SiteRubix.com domain name. This program is very good for beginner and it provides easy to implement techniques.
Wealthy Affiliate has a free plan and the paid courses cost $19 for the first month and $47 per month afterward.
Spencer Mecham’s Affiliate Secrets 2.0
This course teaches how to do affiliate marketing without building a website. It focuses on using free and paid traffic to promote affiliate offers with good payout.
The creator of the course Spencer Mecham built his successful affiliate business using ad Words, youtube, Instagram and Facebook.
Spencer is one of the top affiliates for click funnels who have made more than $100k per month from click funnels.
This course teaches you how to target traffic from multiple sources without being reliant on Google. But, you are going to need some capital here.
Spencer Mecham’s Affiliate Secrets 2.0 is currently priced $897 and Spencer also has free training.
Skillshare is a subscription-based platform that provides you with lots of courses divided into three levels beginner, intermediate, advanced. There are courses for various purposes like affiliate marketing case studies, how to start affliate marketing, promotion methods, future trends, foundational skills and a lot more. You can choose your training class and take your skill to the next level to build your affiliate marketing business.
Skillshare is a subscription-based platform.
This is Affiliate marketing courses teach you affiliate marketing without a website and without your own product. This course is a beginner-friendly course that takes you inside of Clickbank, teaching you what types of products you can sell and how you can sell it.
Time: 3 hours Rating: 4.4 (5,197 ratings)
Students Enrolled: 24,899
Created By: KC Tan
The course covers Market Research, building a website with word press, Email Marketing, Copywriting, Search Engine Optimization, YouTube Marketing, Social Media Marketing (Instagram, Facebook, Twitter, Pinterest & Quora), Linkedin, App Marketing, Google Adwords, Facebook Ads, Google Analytics.
This course will help you to grow a Business Online from Scratch, Make Money as an Affiliate Marketer, Land a High-Paying Job in Digital Marketing, and Work From Home as a Freelance Marketer
This course teaches you Digital Marketing Strategy, Social Media Marketing, SEO, YouTube, Email, Facebook Marketing, Analytics
Time: 9 hours Rating: 4.5 (58,822 ratings)
Students Enrolled: 284,254
Created By: Rob Percival, Daragh Walsh, Codestars by Rob Percival
This course helps you understand the fundamentals of starting affliate marketing and it helps Start selling affiliate products in one day. You will get to know how you can choose a profitable niche and products. And it will teach you to Promote your affiliate products for FREE with SEO and social media including Facebook, Twitter.
It also covers concepts of CPC, CPA, affiliate cookies, back-end commissions, Email marketing, Facebook and Google ads.
It explains the pros and cons of the 5 major affiliate sites like Amazon, ClickBank, JVZoo, CommissionJunction, and Shareasale.
You will get to know Affiliate marketing programs without prerequisites that anyone can join and some word press plugins for an affiliate marketer.
Time: 18 hours Rating: 4.2 (841 ratings)
Students Enrolled: 17,722
Created By: Alex Genadinik