Affiliate marketing is a part of ‘Digital Marketing’ which seems to be growing year after year. Since affiliate marketer is easy to leverage and has huge money in it. There are a lot of people looking to do affiliate marketing and make money out of it.
Some sources tell us that the ‘Affiliate Marketing Industry’ is worth of 6.8 billion this year and going to grow every year by year.
Since affiliate marketing can be done by beginners with less tech and marketing skill too. Here in this post, I will share with you on ‘’how to make money with affiliate marketing’’
What is affiliate marketing
In simple words, affiliate marketing is a way of earning commissions by selling someone else’s products. To promote the products you can leverage digital marketing techniques and get good results with affiliate marketing.
To become an affiliate for someone’s product. You need to join their affiliate program (or) you can sign up for an affiliate marketplace where you can find a bundle of products to become an affiliate.
The best affiliate marketplaces to start with are:-
- Warrior Plus
Once you sign up for these marketplace. You can choose which product you want to promote and grab a link. The link is called ‘affiliate link’. This link is unique to you and when someone makes a purchase after clicking your link.
The sale will be registered under your ‘Affiliate’. Thus you’re making money with affiliate marketing in this way.
Looks, simple Right?
Well it’s not that simple. But it will be once you follow these steps that I am gonna recommend.
How to start affiliate marketing
The best & the most viable way to start affiliate marketing is through building a website. To build a website ‘web hosting’ is a must.
According to me the best and the fastest hosting out there is BlueHost Hosting.
Once you have all these set-up. To make money with affiliate marketing. These are the steps you’re gonna follow :-
- Choose Your Niche: Finding a good niche is important. Select in which ‘Niche you’re interested in. Do a little research on ‘Google’ to find which niches are working. By selecting the niche you like. There are more chances that you stick with this for a longer time. Once your niche is selected. Selected a domain related to your ‘Niche’
- Choose Your Audience: Once you know your niche. Choose your audience within your niche. Narrow down your audience. As targeting broad audience is difficult and maybe too competitive
Example: If you’re into a health niche. Choose something specific like keto and paleo foods to promote .
- Choose your products: Go to the affiliate marketplaces which I mentioned above and search for the products in your niche. Find the top selling and best reviewed products.
- Create Content: Once you’ve the list of the product that you are gonna promote. Write reviews on your products and educate people on what your products are good at. Place your affiliate links in the content. You can write content by yourself (or) you can hire someone from DigitallyApart.
- Promote your content: You can promote your content on social media leveraging Facebook, Insta and many on basis of your niche. You can do basic seo on your website to rank well on search engines.
- Be Consistent: Once you start creating the content and publishing it. Be consistent with finding newer products and creating content around it. Once you start being consistent. Your website is gonna gain much more visitors and you can sell more of your affiliate products.
These steps to take for beginners to start making money with affiliate marketing. There are 4-5 figure earners who are in affiliate marketing and do the exact same things.
Advanced tactics for Affiliate Marketing in 2020:-
Since there is gonna be competition everywhere on the internet. You have to stand out and be unique in the crowd.
In 2020, Affiliate Marketing can be done in hundreds of different ways to be effective. For now, I would give you some of the methods that you can follow:-
- Run Ads: Leverage google and bing ads to get on top of search results. This helps in people finding you whenever they type something relatable to your affiliate products.
- Boost Social Media: Choose one promising social media for your content. Start building up audience on that platform by running ads and using advance organic growth tactics
- Build an Email list: Try to collect leads from the traffic that you’re generating on your website and social media. Grab their email IDs . Leverage email marketing to put your affiliate offers into their mail inboxes
- Advanced SEO: Grow your website advance on page and off page seo . Do extensive link building and create a brand around the internet to get more search traffic on your site.
Thus, these are steps and methods you can take to start making money with affiliate marketing in 2020.
Keep in mind one thing. Look at this as a business. Build it for your long term use to leverage its advantages in the years to come.