So you have decided to learn Affiliate Marketing?
You have tried different sources to earn money online, but you want to generate more money?
You want to make money while you sleep?
Have you heard about passive income? And how people earn money by promoting products and services for a company or a brand?
You have searched for “Affiliate marketing for beginners” and landing at this post. Don’t worry, in this article, I will share the secret of affiliate marketing with you.
Have you tried Blogging, YouTube or Social Media Marketing Influencing techniques? To start Affiliate marketing you even don’t need a blog. Want to know how? Continue read this article.
You can promote affiliate products through Google Adwords and Facebook Advertisement. Make sure to read terms and conditions of Affiliate product because some products or brand don’t allow you to promote through PPC. It depends upon merchant to merchant.
Definition
According to Pat Flynn owner of smart passive income
“Affiliate marketing is the process of earning a commission by promoting other people’s (or company’s) products. You find a product you like, promote it to others and earn a piece of the profit for each sale that you make.”
Affiliate Marketing Myths
Affiliate marketing is not quick method to earn money online, instead it needs patience and dedication.
It’s a one-time method, which you will apply and earn passive money. No, you will have to continue work for sales.
It’s not just to write articles and earn money from affiliate links. You have to build targeted audience that will trust on you and shop your recommended products.
Affiliate Marketing and AdSense
Affiliate Marketing and AdSense both are different way of earning money online. For AdSense you need million of visitors to earn huge money whereas in Affiliate marketing you can earn good amount from 2-3k visitors.
Important Terms & Definitions In Affiliate Marketing
Let’s know about some of the important terms in Affiliate Marketing
Affiliate Marketing Model
Merchant: Merchant is the product owner, creator or seller. It is the merchant who sells the product.
Affiliate: Affiliate is you, the person promoting the merchant product. You can promote merchant products through Blog, YouTube Channel or Running Ads. You will derive sales to merchant product.
Customer: Customer plays an important role; it is the buyer who buys the product. Make sure to have targeted audience who will buy your recommended products so that you can earn commission per sale.
How It Actually Works
Step1: Online Shopper wants to buy a product
Step2: Online Shopper lands on Affiliate Site
Step3: Online Shopper Redirects from Affiliate Site to Merchant Site
Step4: Online Shopper buy the product and the commission go to the affiliate Site
Other Affiliate Marketing Terms That You Should Know
- Affiliate: Affiliates are the publisher or the affiliate marketer who join affiliate program to promote merchant products and make sales.
- Affiliate Manager: An Affiliate Manager is a person who manage affiliate program and helps the affiliates by providing the number of ways to increase sale.
- Affiliate Marketplace: Affiliate Marketplace is like ShareASale, CJ, Clickbank that act like a central database for affiliates programs. You can choose any affiliate program according to your site niche.
- Affiliate Link: An Affiliate link is a link that you promote for merchant’s product. This link is unique and affiliates program track sales from this affiliate link.
- Landing Page: The page used to promote a product and generate leads is called landing page.
- Cloaking: Hiding the Tracking code of an affiliate link is called cloaking.
- Commission: The money paid by the merchant to the affiliate for generating a sale.
- Impression: Impression is how many times your ad show on a page
- PPC: PPC stands for Pay Per Click, It’s the amount of money paid to affiliate by merchant whenever someone click on the affiliate link.
- ROI: Return over investment is the percentage calculated for affiliate marketing efforts.
ROI = (Gross profit – Investment) / Investment * 100
Best Affiliate Marketing Methods
Now the question comes, how do I get started?
There are number of ways people promote their affiliate products online.
Read continue this article to know the best working affiliate marketing methods.
- Promotion Via Content
Promoting the affiliate products through content is the best approach to generate maximum sales.
Blogging is the best way to promote your affiliate products. You need to write about the product you want to promote and include your affiliate links in the Article.
All you need to do is to find the affiliate product that will suit your Blog niche. Write Review about the products and generate sales.
Thisiswhyimbroke.com makes over $20k per month. They use Amazon Affiliate program, eBay Affiliate Program and other Affiliate networks to generate money.
You can read the full case study to learn more about the concept and how they did it.
- Google Adwords (PPC)
PPC is the best ways to promote Affiliate products by targeting keywords. You will display Ads on the Search Engine for the target keywords.
But in this method, you will pay your money to generate leads.
The main problem associate with this type of campaign is that some affiliate networks don’t allow you to run PPC ads as per their terms and conditions.
Make sure to read Affiliate Program terms and conditions carefully before start promoting your Affiliate products.
- Affiliate Marketing with YouTube
You can also promote affiliate products through a YouTube channel.
You can see every blogger on YouTube promoting Affiliate Products in their Channel Description. Have a look
So what you are waiting for? Start your YouTube channel and earn money!
- SEO
On Search Engine, you can see there are number of affiliate sites ranking for target keywords with SEO.
In SEO, Affiliate Marketer get traffic from Search Engine and derive users to specific landing page.
Here’s an example
SEO is the best method to derive sales for your affiliate product.
- Banner Ads
The method of affiliate marketing is deriving sales through affiliate banner Ads.
The best part of this method is that you need not to have a website, blog or to write content or SEO.
You just need to find website offering space for advertisement. Connect with them and place your Ads on their website. In this method you need to pay them a monthly fee to place your ads on their website.
You can find websites to display ads on from BuySellAds.
You can see the website get 1,747,000 impression and they are selling super leaderboard rising star space for $20CPM. They will charge you $20 per 1k impressions.
This is how it works; you can find low budget advertisers according to your target niche.
List of Affiliate Networks You Can Join
There are number of affiliate networks that you can join, but here I will talk about the main 4 affiliate networks.
Conclusion
So that’s all about Affiliate Marketing for Beginners Guide. Now, it’s your
Turn to start affiliate marketing and earn money online. If you still have any suggestions or queries, please leave a comment below!
I will definitely get back to you soon!
Good luck!