Updated on September 23rd, 2021 at 09:55 pm
Are you looking for How To Make Money Online Through Affiliate Marketing Programs for beginners?
Affiliate marketing is the process by which an affiliate earns a commission for marketing or promoting another person’s or company’s products.
For example, if a company is selling a Solar panel, you will join the company and promote the solar panel or any product at hand as an affiliate marketer.
when you successfully help the company by making sales, you are given your affiliate commission depending on how many products have being sold out
Affiliate marketing is about making money. Gobs of money. Money for doing nothing.
At least that’s what a quick Google search would have you believe, but as usual, the truth is a little more complex than that.
How much money can you make as an affiliate marketer?
Yes, you can make money through affiliate marketing. Good money. And, yes, you can even make money while you sleep.
Many entrepreneurs are making it big through affiliate marketing; the juicy part of it all is that you can operate anywhere and anytime across the country.
Furthermore, most affiliate companies do not require a huge amount of capital to join and promote products; most of them are free.
All you need to do is join and start making huge profits by promoting products and bringing more people to join.
How Does Affiliate Marketing Work?
Affiliate marketing is a simple 3-step process:
- You recommend a product or service to your followers.
- Your followers purchase the product or service using your affiliate link.
- You get paid a commission for the sales made using your affiliate link.
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.
If you have any interest in making money online, chances are you have heard affiliate marketing mentioned more than a few times. Affiliate marketing is one of the best ways to earn a steady income online.
Now you know the basic definition of affiliate marketing and how the process works, so let’s talk about how to get started.
Many would-be affiliate marketers don’t take the time to plan and instead sign up for every affiliate marketing network or affiliate marketing program they can find.
They end up overwhelmed and overloaded.
Take your time and work through these seven steps if you want to set yourself up for success. Complete the first four steps before you even consider promoting a single product.
Find Your Niche
choosing a niche will give focus to your business and help you with content. It’ll also make it easier to create targeted marketing campaigns.
For some people, choosing their niche is the hardest part of starting their own business, but it doesn’t have to be that way.
To choose your niche, it just takes asking a few questions:
- What am I passionate about? Typically, the things we’re passionate about are also already knowledgeable about, making it much easier to create content.
- Is this niche wide enough? Is there enough to the topic to create up to 100 blog posts? If not, you may struggle with search engine optimization or have trouble developing authority.
- Is the niche oversaturated? Is there room for another affiliate in the niche? Before jumping into an overly popular niche and trying to compete with folks who’ve been around for a while, maybe give another niche a try.
- Is the niche lucrative? Money isn’t everything, to be sure. If you’re interested in a couple of topics and one is a moneymaker, but one isn’t… choose the moneymaker.
Build a blog Around Your Niche
It is very advisable to have your website bring together your audience and products in one place. To build a website that talks about your niche.
That will make it easy to get good products and get people to buy them. If your niche is insurance, create a website that you write about insurance.
Promote your website and get people interested in insurance to become fond of your website and trust your authority on insurance. Then you introduce the products you market which is insurance-related, and you can be sure, you will get many conversion.
Now, can you promote affiliate products without having a blog? Absolutely! However, if you want long-term success, having a blog gives you an essential advantage.
A blog gives you the freedom to connect with your readers, give them helpful information, build a subscriber base, and follow-up with them until they trust you enough to follow your recommendations.
Instead of sending visitors directly to an affiliate offer, you can direct those visitors to your blog, convert them to loyal followers through your email list and promote many other affiliates’ offers to them.
You get to make money over and over. Best of all, your subscribers will love you for sending useful information their way.
The most important reason to have a blog for your affiliate marketing business is that having a blog gives you the ability to build trust with your followers. You do this by providing them with useful and reliable information.
Last but not least, you can promote countless products on your blog. You can even sell your own products/services on your blog. It would be impossible if you have to send visitors directly to your affiliate offers.
For your blog domain and hosting, I recommend DomainKing Host; they are simply the best, and their customer care service replies instantly.
Create Quality Content
Now that the framework of your page is ready to go, you need to create content.
Have you ever come across the phrase “Content is king”?
Some affiliate networks and affiliate programs require you to have already established content, site traffic, and monthly views at a certain level before they’ll accept you as an affiliate, so be sure to read the eligibility requirements for the specific networks and programs you’re considering before you apply.
It doesn’t mean that you have to create 100 blog posts before you can even think about becoming an affiliate marketer, but you should have at least five strong posts already on your site with more scheduled.
Join Affiliate Programs
When you build your blog, the next step is to sign up for affiliate programs and start making some money. Of course, it’s not as easy as it sounds, but you get the idea.
To avoid promoting dud products to your followers and losing their trust, make sure you select only effective products.
You will know this by the number of positive reviews each product gets. You can also research the product to see the experience other users have had with it.
Some merchants will let you try the product yourself to see how good it is. Udemy does this for their affiliates.
How To Find Affiliate Programs
One way to find affiliate programs is through affiliate networks. Affiliate networks usually have lots of products in many niches.
They also have more flexible payment methods. Many merchants will prefer to pay through PayPal, which is not a good thing for some countries like Nigeria.
Affiliate networks have other payment methods like Payoneer, direct deposit, etc.
Here are some reliable affiliate networks you can join:
- Commission Junction
- Clickbank affiliate
- Impact Radius
- Amazon affiliate
When you join an affiliate network, make sure you understand its rules.
Commission Junction, for example, will deactivate your account if you fail to generate a commission within a specified amount of time.
You want to join them only when you understand affiliate marketing and you are sure of making sales. Clickbank does not accept Nigerians.
Other networks have their own rules. Do a bit of research before you apply.
Depending on the niche of your blog, you can apply directly to companies and become an affiliate. Some merchants keep their affiliate programs in-house. There is no particular way to find them since they don’t outsource to any affiliate network.
A good rule of thumb is if you use and like any product, reach out to them and find out if they have an affiliate program.
If you are in Nigeria, Konga and Jumia e-commerce stores have interesting affiliate programs. They also have extensive support for beginners. You may want to check them out.
Promote Affiliate Products
If you’ve done the work to choose a niche, choosing affiliate products to promote should be easy! Choose products that fit your niche and relate to your content.
Where do you get ideas for products to promote? Anywhere, really:
When promoting products, you should adhere to the following
Promote Products you Already Use
What do you already use and love? There’s probably an affiliate program for that.
Please make a list of all of the products and services you use and hit up Google to find their affiliate programs. Then, write reviews and plug in the affiliate links.
Promote Products That Fill a Need
Listen to the people who are interested in your niche. What problems are they facing? Are there gaps in the solutions that are already available?
Find products that can help and try them out. If the products are good, become an affiliate and recommend them. Your audience wants solutions. If they work, they’ll be willing to pay for them.
Promote Products Your Audience Wants to Know About
Ask your audience what they’re interested in and try it. If it’s a good product, recommend it. If it isn’t, tell them. At best, you’ll get sales. At worst, you’ll gain more trust from your audience. Which means there’s no “worst” here.
Promote Products From Others in Your Niche
Pay attention to other affiliate marketers in your niche. What are they talking about and promoting? What ads are they using? Check out Instagram, Twitter, Pinterest, and Facebook to look at #affiliate and #ad to see what other affiliates are promoting.
Get Paid For A Job Well Done
Most affiliate networks will pay you when you reach a certain threshold, usually $100. There are several payment methods available. They include PayPal, direct bank deposits, checks, and Payoneer.
If you cannot get a PayPal account and live in a country where direct bank deposits or checks could be a problem, Payoneer is your next best choice.
When you open an account with Payoneer, they issue you a valid US bank account and send you a MasterCard. The MasterCard will be sent directly to any address you provide.
You will receive funds in your Payoneer account and get your money on any Master Card enabled ATM anywhere in the world. It is important because most companies don’t pay a direct deposit to international bank accounts (especially Nigeria).
Benefits of affiliate marketing
- It is one of the simplest ways to start a home-based business. You can start your own affiliate marketing business now in your room, making hundreds of dollars any time from now.
- No experience is required. Anyone can start affiliate marketing and make money. You don’t need to have prior experience at selling. However, you should be willing to commit to a learning process if you must succeed.
- There are no upper limits on the amount of money you can earn. Established marketers make thousands of dollars monthly through affiliate marketing.
- You do not have to design, develop or manufacture any products; affiliate merchants design their products and promotion materials (images, banners, etc.). Your job is to promote the products using the materials.
- There are no financial risks involved. You don’t pay anything to promote an affiliate product. If the product does not convert well, you are free to switch to any other products you want.