Do you know somebody who makes money online by selling other people’s products?
The mere thought of earning income without putting in a lot of time is attractive for anyone, but don’t think for a second that it’s easy.
Despite what many people would have you believe, earning money online comes with a lot of challenges.
But if you know the basics, there’s no reason for you not to succeed. And if you can only start with one technique, it should definitely be affiliate marketing.
This guide covers affiliate marketing for dummies and how you can slowly build your online income portfolio.
What is Affiliate Marketing?
First, you should understand what affiliate marketing is all about.
It’s an online marketing technique that involves a merchant paying a commission to an affiliate for referring new customers to their store or website.
As an affiliate, you are paid based on your performance. You don’t make any money for customers you refer that don’t end up converting.
According to Wikipedia:
Affiliate Marketing is a type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought by the affiliate’s own marketing efforts.
How to Get Started
To become an affiliate, you need to sign up for a merchant’s or advertiser’s affiliate program.
The most popular is Amazon’s affiliate program. It’s the biggest online marketplace where people buy all sorts of products, making it an easy choice for aspiring affiliates because it’s easy to pick what products to sell.
However, it’s worth noting that there are more niche-specific affiliate programs, some of which pay higher commissions than Amazon.
The merchant or advertiser provides a unique affiliate link for you.
This is what you will use on your site whenever you’re linking out to their online store.
When a visitor clicks through and buys using your link, you earn a commission.
So, how do you get paid?
Usually, you will receive the commissions you have earned for all sales of the preceding month.
Be sure to check the payment policy of the affiliate program to avoid confusion.
Build Your Affiliate Marketing Website
Most people advise choosing a niche you’re genuinely passionate about.
Through this, you won’t get bored of writing content such as reviews of several different products.
But with adequate research and writing skills, you can choose an unfamiliar niche which proves profitable.
Aside from taking into account your passion and interests, research about the demand for the products you plan on selling and the reputation of the affiliate program you want to join.
One of the biggest reasons why Amazon’s affiliate program is popular among affiliates is that the market already knows and trusts the company.
Creating a website from scratch has never been easier.
The tricky part is staying consistent with your content marketing and traffic generation strategies.
Do keyword research to find profitable keywords, even if they only receive a handful of searches per month.
When it comes to generating traffic, leverage the power of search engine optimization and social media marketing.
Building an email list is also an effective way to promote your site and keep visitors informed about any special discounts or promos.
This affiliate marketing for dummies short guide should get you up to speed in building a steady income online by selling products of other merchants.
Don’t expect to earn a massive amount in the first few months.
As noted, consistency is required to publish high-quality content, build your authority, and drive targeted traffic.