Skip to main content

How to Make Money with Affiliate Marketing: A Comprehensive Guide

 

how to make money with affiliate marketing

If you are unfamiliar with affiliate marketing, then here is the quick definition: You get paid when you promote someone else’s product or service, and a purchase is made through your efforts.

Here’s an example.

You create a blog about Golden Retriever Dogs. You create stellar content that your readers LOVE.

You find a great guide on how to train Golden Retrievers to do tricks. The guide has an affiliate program that pays affiliates 50% of sales.

You place your affiliate link in the sidebar of your blog for the guide. The guide costs $30. Anytime a visitor clicks on the link and makes a purchase, you receive $15.

Who is this ideal for:

This is ideal for anyone that enjoys creating content (written, video, audio, etc.) around specific subjects, but who may not have any interest in creating products or services.  

What skills will you need:

You will need basic marketing skills. The ability to create persuasive content with a call to action within the content to purchase products or services.

You will also need skills within a platform of your choosing where you will be promoting products, such as social media, paid advertising, videos, websites or blogs.

How much time is required to get started:

This is dependent upon how much work you want to put in and the platform that you choose to use. You could literally make sales within the next hour if you want to. 

For instance, if you have a lot of friends who are single, you could sign up at an affiliate network site such as Clickbank.com, and find appropriate products such as dating guides.  

You can then send an email out to them with the link included. If anyone makes a purchase, then you get a commission. It’s as simple as that.

Realistically, you will probably want to use ads, your own blog or even videos to promote products, but the above example is just to illustrate how simple it can be.

Some helpful tips:

1) Be compliant

There are regulating bodies that call for you to say when you are using an affiliate link so that your audience knows.

Do your research on what you need to do to ensure that you are in compliance and don’t get shut down.

2) Save yourself some time and select products that you are already familiar with 

For example, if you are a personal trainer, then you will probably want to select products related to health and fitness.

There are tons of niches out there, just find one that resonates with, and makes sense for, you.

Check out the biggest affiliate networks. There are many out there to choose from, but the ones you should definitely check out are: Clickbank.com, Shareasale.com, and JVZoo.com.

3) Choose a product that you’ll actually make some decent money with 

There’s a saying that goes “It takes the same amount of effort and energy to promote a $1 product, as it does to promote a 100 dollar product.”  

4) Choose a product that pays at least 50% commission 

Would you rather get 50 cents or 50 dollars? We already know the answer to this.

5) Select a company that handles the affiliate program that’s most comfortable for you 

Many make it easy for your to get your affiliate link and commission payouts, so go with those over others that may make it a little more complicated.

6) Start fast  

If you are looking to make some sales quickly, then you may want to check out platforms that will allow you to do so.

Platforms such as Reddit, Digg, Facebook, StumbleUpon, and Twitter let you do so.

How to make money:

As we mentioned at the start, you get paid when someone makes a purchase through your link.

You can create a Facebook Page, Blog or Website dedicated to your niche of choice.  

Help people with content that brings them value and solves their problems.

When you can do that, then all you need to do is place a link in front of them, and they will reward you by making a purchase through your link.

You can do this through banner ads within your site, you can place links in the content you produce or even in emails you send out.  

Just remember to stay in compliance.

Comments

Post a Comment

Thanks for your feedback.

Popular Posts

Writing Articles for Money Online: What You Need to Know

Many authority websites are always looking for fresh content and ideas to expand their user base and maximize profits.  They always need new people with new ideas who can do this job for them.  Although most of them have content research, curation, and editorial teams, they cannot cover everything, no matter how experienced they are. Many such websites pay writers to write new in-depth content for them. It helps them capture new ideas and topics that otherwise would have never been discovered by their content teams. This also provides an excellent opportunity for writers and experts who want to earn quick cash writing articles without getting into the hassle of creating and marketing their own blog. How to get started: The best way to get started is to find the topics that interest you the most or you're an expert in, do some research, and compile an informative article.  Then find the authority websites in the niche related to your topic, contact them via email and forwa...

Making a Product Comparison Website Free: A Comprehensive Guide

The product comparison website aggregates comprehensive information about various products in a particular niche.  It organizes and presents this information to help potential buyers know more about a particular product and decide if they should buy it. Why create a PCW? PCWs popularity is high in today's world as multiple companies offer similar products, and PCWs help the buyers decide which company's product is right for them. For example, if you want to buy a smartphone with a $500 budget, you'll find many confusing options to choose from.  This is where PCW sites come in to help you make the best decision by comparing all available options and providing other important information such as pricing, features, reviews, shipping, availability, discounts, offers, etc. in one place. PCW sites provide significant value to the buyers as they help them save lots of their product research time. How to get started: There are three essential steps you must follow to build a succes...

Amazon FBA Business: What You Need to Know

  What is Amazon FBA? Essentially, FBA here stands for "Fulfilment By Amazon."  This does exactly what it says on the tin: it means that Amazon will handle your fulfillment. With FBA, you'll be able to outsource all of the most complicated, costly, and error-prone aspects of your business, and instead, focus on choosing products and selling them. That's because Amazon will handle both storage and delivery, meaning that you just need to get the products shipped directly from the supplier/wholesaler to Amazon's warehouses (called "fulfillment centers"). Your product will then be listed on Amazon, and will then be fulfilled via Amazon.  That means, in other words, that Amazon will list your product on its storefront, and every time someone puts in an order, it will send it out to the buyer.  This way, you can potentially fulfill hundreds of thousands of orders without needing to see a single product! Of course, you will pay fees, and there are particular re...

How to Make Money with PLR Products: A Comprehensive Guide

  PLR stands for Private Label Rights.  It's a license that you can purchase from an original digital product creator that gives you the right to edit, change, modify, or do whatever you want to with that product. The digital product could be anything such as an eBook, videos, sales letters, emails, articles, images, guides, or even software. With the PLR license in your hand, you can claim the purchased product as your own, put your name on it as a creator, change words, graphics, break-in into multiple parts, etc. Most importantly, PLR allows you to resell the product at any price you want.  It provides a great return on investment as you can sell the multiple copies of the product, but you only need to invest once while buying the product and its PLR license. Another good thing about PLR is that you can keep all the product sales profits without sharing them with the original creator. For instance, let's say you invested $500 for buying an eBook and its PLR license. Yo...