Affiliate marketing is the new “oil well” of the 21st century. If you have been looking for ways to make money online as a beginner, I am going to share with you one simple business model that will make you at least $10,000 every month. I know you would be wondering to know what kind of business model that will be able to generate this kind of money, just sit back and relax while I share the secret with you.
This business model has made both ordinary people and thousands of business owners Millions of dollars and it’s known as affiliate marketing. Affiliate marketing refers to the act of selling or promoting others people’s products or services to earn a commission. It’s one of the simplest online businesses one can start without further delay.
You don’t need to own or create any digital or physical product to get this started. All you have to do is just to pick a product that has been created by someone and promote it to the right audience who are interested in your product while you earn a percentage of the money when they buy the product through your unique affiliate link.
I know you’ll be wondering “how can I get this started as a complete newbie”. You don’t have to worry about that because that’s Why this article is written in the first place.
In this article, I’m going to show you the basic step-by-step guide on what you need to get started getting with affiliate marketing from scratch as a beginner with no experience. You don’t need any tech skills to do this or any formal experience to get started. All that’s required is the willingness and the commitment for you to learn and put in the work. Before that, we need to know what affiliate marketing is all about.
What is Affiliate marketing?
Affiliate marketing simply means where an Affiliate promotes another companies products or services in exchange for a commission. The commissions are the percentage of the sale price and they are mostly fixed. Based on Statista’s report, affiliate marketing spending in the United States alone will reach $8.2 billion in 2022. This is why one of the most lucrative businesses you can do and start making money online is affiliate marketing.
Who can do affiliate marketing?
Probably, as a beginner, you might be thinking if this business model is the right one for you or not. Or you might be thinking “who can do affiliate marketing”. Everyone can do affiliate marketing and I kid you not. As long as you’ve recommended a product to a friend to buy, then you can do Affiliate marketing. It has no limit to age, location, language, or personal experience.
Benefits of Affiliate marketing
1. Don’t require a huge investment
Just like every other online business that requires a lot of money to get started with, it’s not the same with affiliate marketing. Affiliate marketing requires little or no money to start and it cost zero money to join any affiliate program to start promoting their products or services.
2. Make passive income
The ability to make money while you sleep is one of the benefits of affiliate marketing. Getting started with affiliate marketing can give you the freedom of living your best life while still making money in your sleep.
3. It is not rocket science
Starting up and running an affiliate marketing business does require a great deal of time. You can still do your part-time job and also run your affiliate business. You don’t need to have any special skills or educational qualities to run an affiliate business
4. Unlimited income generation
The amount of money you can make as an affiliate has no limit. An average affiliate marketer makes about $10,000 to $15,000 monthly. However, this depends on the amount of work you put into the business.
5. No creating of products
When it comes to making money online, you need to create a digital or physical product to make money but it’s different when it comes to affiliate marketing. You don’t need to undergo the stress of creating any digital or physical products.
How to get started with affiliate marketing
Before you can get started with affiliate marketing, there are certain procedures you must follow to achieve a great deal of success with your affiliate marketing business. These steps will guarantee you success with affiliate marketing in no time when applied correctly.
1. Decide on the platform to use
You must know that you can do affiliate marketing on any social media platform. Whether Twitter, Facebook, Instagram, or even WhatsApp. Once you’ve decided on the platform to choose, you can then start building your audience to gain the KLT formula.
2. Select your niche
Choosing a niche is an essential part of getting started with affiliate marketing. Your niche is very fundamental to what affiliate program you want to join. This means if you want to start creating content around food, what kind of food will you be talking about whether African or international dishes.
It’s unproductive and very inadvisable to focus on multiple niches as this will make you have less focus and always feel distracted.
3. Find an affiliate program to join
After choosing the niche you have decided to focus on, then it’s important to choose a very profitable affiliate network to join. You have to make sure you join programs that will provide the best value to your audience.
After you must have joined an affiliate program, it’s now left for you to help the company to promote and generate potential customers for their products and services.
4. Construct a marketing platform
Just like every other online business, affiliate marketing requires an online marketing platform to run the business. This online marketing platform refers to any social media platform you’ll be talking more about what you do so people or your potential customers can perceive you as an authority in that space.
However, you’ll be needing a blog, website or social media account to run it. But if you have an active social media account, like Facebook, Twitter, or Instagram, you can perform very well by linking them on your website.
5. Choose a content marketing style
Content marketing is a kind of marketing strategy which involves sharing valuable content or information for free to make people or your audience to take a particular action. It is mostly used in getting your customers to know, like, and trust you.
Content marketing strategies can be in different forms and they include, texts, videos, infographics, audio, podcasts tutorials etc. Create quality content around the product you want to promote so your audience can know your product has all it takes to solve their problem.
It is very improper to sound too desperate to make your audience visit a website or buy a product. Show them that you care by giving out valuable information for free.
6. Audience building
After you’ve created a good content marketing strategy, the next step is to get more people to see those content so they can click on your affiliate links. Audience building is one of the most important steps that every Affiliate should not joke around with. Because without the audience, there will be no sales. So you must always utilize your effort to get more traffic to your website.
In other to achieve this, there are three ways to build an audience or drive traffic to your site and they include;
i. Paid advertisement
This is where you pay for traffic to get your target audience to your site or landing page and it can be done using PPC ads.
ii. Search engine optimization
SEO refers to how you can leverage the search engine to build up and target your audience without paying google for it. This means you have to understand the principles of SEO and how to leverage SEO for your business to use it to reach your ideal customers. For as long as you can rank high in the search engines for your target keywords, you will get consistent traffic.
iii. Email list building
Emails are one of the ways to build know, like, and trust with your audience. It allows you to communicate with your email readers anytime. once you have built a quality relationship with your audience through your emails, it will be easier to promote your affiliate links in the emails to make sales.
7. Promote relevant affiliate products.
As an affiliate marketer, your main job or duty is to promote products that are valuable to your audience. This means promoting products that will solve their problems.
It is not good to promote products you know nothing about that’s why you must take your time with product research before bringing the products to your audience. Product research means carrying out detailed research or study about a particular product you want to promote to your audience as an affiliate.
This question can be taken into consideration when carrying out your product research.
i. Can the product creator be trusted?
ii. Can the product solve your audience problem?
iii. Who has used the product and has the product worked for them?
8. Website or blog promotion.
When promoting any product at all as an affiliate, have it at the back of your mind that your prospective customers are likely not going to buy from you immediately.
Why? because there are a lot of scammers online so people are very cautious with their money that is why they take their time before they buy. But this shouldn’t discourage you. This is why you must use your content marketing strategy to give them more value and also run ads on your website to get the rolling eyes of your potential buyers stuck in your blog.
If are be able to follow these steps, then making your first dollar online as an affiliate is not far-fetched.
Final thoughts.
In as much as affiliate marketing is one of the best ways to make money online, you must have it at the back of your mind it takes time to build. So you must follow the recommended steps to make a success with affiliate marketing. Using a good content marketing strategy is one of the best ways successful affiliates use in getting tons of results with their affiliate business.
So leverage on using content marketing strategy to build your audience. Once this is achieved, you’re already on your way to success with your affiliate marketing business. Remember to bookmark our website so you don’t miss our next article.
