How to start affiliate marketing from scratch
Thank you for stopping by, you all unanimously agree with me that, One of the simplest and quickest ways to make money online is Affiliate Marketing” yes I’m 100 percent certain. In my previous article, I explained the best affiliate programs for beginners to sign up and get your affiliate product link.
So in today article, I will explain in-depth, how to start affiliate marketing from scratch without a website with the following steps:
1. What is Affiliate Marketing?
2. Why learn how to start affiliate marketing
3. How Does Affiliate Marketing Work?
4. How Do Affiliate Marketers Get Paid?
5. Why Be an Affiliate Marketer
6. Top affiliate program to get affiliate product link
7. Simple Matrix about Affiliate Marketing/ Promoting your affiliate product
1. What is Affiliate Marketing?
Affiliate marketing is the process by which an affiliate earns a commission for marketing another person’s or company’s products. The affiliate simply searches for a product they enjoy, then promotes that product and earns a piece of the profit from each sale they make. The sales are tracked via affiliate links from one website to another.
2. Why Learn How To Start Affiliate Marketing?
According to Hosting Tribunal’s Affiliate Marketing Statistics for 2019, Affiliate marketing spending is bound to grow by 10% in the next few years; it is worth $12 billion, and the sector is growing rapidly. Finally, it is believed to account for 15% of all digital media revenue. So learning how to start affiliate marketing gives you a huge opportunity for a profitable business.
Are you dreaming of breaking out of your cubicle and doing something on your own? Would you love to live the life that others are living by experiencing true financial independence? Dare to dream.
There are many ways to make money online. You can start a business that is based on a hobby that you enjoy, for example. Do you collect coins or stamps, are you in a hunter or gun club, or do you enjoy oil painting? Many times, the best income-generating opportunity is already something that you enjoy doing.
If you are tired of the same old humdrum life you have at work, there is a way that you can break out of the doldrums and try something new. The dream of early retirement is one that many Americans share. To be able to enjoy life and know that your time is yours to do with what you want is a great feeling. The challenge is in figuring out how to do it successfully and keep the money coming in.
3. How Does Affiliate Marketing Work?
Because affiliate marketing works by spreading the responsibilities of product marketing and creation across parties, it manages to leverage the abilities of a variety of individuals for a more effective marketing strategy while providing contributors with a share of the profit. To make this work, three different parties must be involved:
a. Seller and product creators.
b. The affiliate or advertiser.
c. The consumer.
Let’s delve into the complex relationship these three parties share to ensure affiliate marketing is a success.
Seller and product creators.
The seller, whether a solo entrepreneur or large enterprise, is a vendor, merchant, product creator, or retailer with a product to market. The product can be a physical object, like household goods, or a service, like makeup tutorials.
Also known as the brand, the seller does not need to be actively involved in the marketing, but they may also be the advertiser and profit from the revenue sharing associated with affiliate marketing.
For example, the seller could be an e-commerce merchant that started a dropshipping business and wants to reach a new audience by paying affiliate websites to promote their products. Or the seller could be a SaaS company that leverages affiliates to help sell their marketing software.
The affiliate or publisher.
Also known as a publisher, the affiliate can be either an individual or a company that markets the seller’s product in an appealing way to potential consumers. In other words, the affiliate promotes the product to persuade consumers that it is valuable or beneficial to them and convince them to purchase the product. If the consumer does end up buying the product, the affiliate receives a portion of the revenue made.
Affiliates often have a very specific audience to whom they market, generally adhering to that audience’s interests. This creates a defined niche or personal brand that helps the affiliate attract consumers who will be most likely to act on the promotion.
Whether the consumer knows it or not, they (and their purchases) are the drivers of affiliate marketing. Affiliates share these products with them on social media, blogs, and websites.
When consumers buy the product, the seller and the affiliate share the profits. Sometimes the affiliate will choose to be upfront with the consumer by disclosing that they are receiving commission for the sales they make. Other times the consumer may be completely oblivious to the affiliate marketing infrastructure behind their purchase.
Either way, they will rarely pay more for the product purchased through affiliate marketing; the affiliate’s share of the profit is included in the retail price. The consumer will complete the purchase process and receive the product as normal, unaffected by the affiliate marketing system in which they are a significant part.
4. How Do Affiliate Marketers Get Paid?
A quick and inexpensive method of making money without the hassle of actually selling a product, affiliate marketing has an undeniable draw for those looking to increase their income online. But how does an affiliate get paid after linking the seller to the consumer?
The answer can get complicated.
The consumer doesn’t always need to buy the product for the affiliate to get a kickback. Depending on the program, the affiliate’s contribution to the seller’s sales will be measured differently.
The affiliate may get paid in various ways:
1. Pay per sale.
This is the standard affiliate marketing structure. In this program, the merchant pays the affiliate a percentage of the sale price of the product after the consumer purchases the product as a result of the affiliate’s marketing strategies. In other words, the affiliate must actually get the investor to invest in the product before they are compensated.
2. Pay per lead.
In a more complex system, pay per lead affiliate programs compensates the affiliate based on the conversion of leads. The affiliate must persuade the consumer to visit the merchant’s website and complete the desired action whether it’s filling out a contact form, signing up for a trial of a product, subscribing to a newsletter, or downloading software or files.
3. Pay per click.
This program focuses on incentivizing the affiliate to redirect consumers from their marketing platform to the merchant’s website. This means the affiliate must engage the consumer to the extent that they will move from the affiliate’s site to the merchant’s site. The affiliate is paid based on the increase in web traffic. See the best pay per click affiliate programs you can start with and earn money very fast.
5. Why Be an Affiliate Marketer
What are the reasons to become an affiliate marketer?
1. Passive income.
While any “regular” job requires you to be at work to make money, affiliate marketing offers you the ability to make money while you sleep. By investing an initial amount of time into a campaign, you will see continuous returns on that time as consumers purchase the product over the following days and weeks. You receive money for your work long after you’ve finished it. Even when you’re not in front of your computer, your marketing skills will be earning you a steady flow of income.
2. No customer support.
Individual sellers and companies offering products or services have to deal with their consumers and ensure they are satisfied with what they have purchased.
Thanks to the affiliate marketing structure, you’ll never have to be concerned with customer support or customer satisfaction. The entire job of the affiliate marketer is to link the seller with the consumer. The seller deals with any consumer complaints after you receive your commission from the sale.
3. Work from home.
If you’re someone who hates going to the office, affiliate marketing is the perfect solution. You’ll be able to launch campaigns and receive revenue from the products that sellers create while working from the comfort of your own home. This is a job you can do without ever getting out of your pajamas.
Most businesses require startup fees as well as a cash flow to finance the products being sold. However, affiliate marketing can be done at a low cost, meaning you can get started quickly and without much hassle. There are no affiliate program fees to worry about and no need to create a product. Beginning this line of work is relatively straightforward.
5. Convenient and flexible.
Since you’re essentially becoming a freelancer, you get ultimate independence in setting your own goals, redirecting your path when you feel so inclined, choosing the products that interest you, and even determining your own hours. This convenience means you can diversify your portfolio if you like or focus solely on simple and straightforward campaigns. You’ll also be free from company restrictions and regulations as well as ill-performing teams.
6. Performance-Based rewards.
With other jobs, you could work an 80-hour week and still earn the same salary. Affiliate marketing is purely based on your performance. You’ll get from it what you put into it. Honing your reviewing skills and writing engaging campaigns will translate to direct improvements in your revenue. You’ll finally get paid for the outstanding work you do!
7. Do Not Underestimate the Power of SEO.
There’s a ton of organic traffic you can get from search engines if you do SEO properly. The days when Search Engine Optimization was about cheating Google are gone. Today, it is about making your website better for visitors. People naturally look for information online. That’s why you should learn the basics of on-page SEO, keyword research and link building to be the information source they find first. Who wouldn’t want to rank #1 for terms such as “best product” or “product review” in Google?
6. Top Affiliate Products And Networks to choose from.
Ok, buddy, after we knew the value of choosing an affiliate product, the big question is: “Where will I find affiliate products to start promoting? To make it simple for you, I‘m going to go through more than 10 Affiliate programs and items that you can join even if you’re a complete novice.
And I’m going to show you both recurrent and single commission goods and services.
Affiliate Products Single Commission.
I’m going to share with you what I think of the top five affiliate networks that you can start with and find different items to promote.
1. ClickBank: probably you’ve heard about it, Clickbank isn’t a product, it’s an affiliate network where you can find thousands of promotional products
2. MaxBounty Affiliate Network: is a world-leading performance-based CPA (cost-per-action) network that specializes in maximizing the ROI of both advertisers and affiliates.
3. ShareASale: ShareASale has been in business for 20 years, exclusively as an Affiliate Marketing Network they also offer pay per lead affiliate.
4. Amazon Associates: Amazon is one of the largest retailers in the world. In fact, in the U.S. alone, it’s responsible for nearly 40 percent of all online sales. And anyone can access a share of the retail giant’s profits — all you need to do is have a website or social media presence and sign up for the Amazon affiliate program. Amazon’s affiliate program, also known as Amazon Associates, is an affiliate marketing program that allows users to monetize their websites, blogs, or social media.
5. eBay.com: This is a well-known affiliate company worldwide, they offer good services to their partners
6. Shopify.com Empowering independent business owners everywhere
Over 1,000,000 businesses in 175 countries around the world have made over $200 billion USD in sales using Shopify.:
7. Rakuten.com: Since our founding in 1997, Rakuten has helped shape the way people shop online, offering Cash Back, deals, and shopping rewards on the world’s largest selection of products and services. To date, our 12 million members in the U.S. have earned over $1 billion in Cash Back at their favorite stores.
8. Leadpages.com: Leadpages helps small businesses connect with an audience, collect leads, and close sales. Easily build websites, landing pages, pop-ups, alert bars, and beyond.
9. Bluehost.com: Bluehost is a leading web hosting solutions company. Since our founding in 2003, Bluehost has continually innovated new ways to deliver on our mission: to empower people to fully harness the web. Based in Orem, Utah, we provide comprehensive tools to millions of users throughout the world so anyone, novice or pro, can get on the web and thrive with our web hosting packages.
10. Hostinger.com: We provide a world-class website hosting platform to over 29 million users in 178 countries. 15Knew sign-ups on average every day – that’s 1 new client every 5 seconds! We have developed a powerful technology to help you learn, create, and grow.
11. WorriorPlus.com: Since 2006, WarriorPlus has brought together the leaders in online digital product creation and marketing. We’ve established a thriving and dynamic community where great minds share great products for greater success. We are committed to serving YOU and being a part of your journey to help others build their own profitable online business.
12. Digistore24.com: Digistore24 is an online marketplace like ClickBank where vendors and publishers can meet themselves and then grow their online business. In other words, Digitstore24 is an affiliate network. It acts as a middleman between vendors and publishers (you and me) who are looking for some products or services to promote.
13. NutriProfits.com: is a top affiliate program with commissions up to 40%! It offers the highest fees in the market, timely payment, and excellent support for partners.
Recurring Commission Affiliate Company.
Here is the best part, working with recurring commission products and earning 10X more money per year with the same effort!
1. ClickFunnels: The Clickfunnels affiliate program is one of the most generous commissions for a Service As A Service (SAAS) company. They pay 40% life-time affiliate commissions on all purchases.
They also have something called a “sticky cookie”, which is a bonus to affiliates because if you share your link to a customer it follows them across all of their devices. This keeps people you refer attached to your affiliate account, no matter where they are.
Aside from their software, Clickfunnels also comes up with new products all the time that you can also earn money on such as live events and training courses.
2. SEMRUSH: It’s also an awesome Service to promote with a 40% commission rate, SEMRUSH is an SEO tools company that helps anyone rank their websites and get more free organic traffic. Here is my affiliate dashboard:
3. Tube Buddy: You can earn up to 50% Recurring commission when you refer people to Tube buddy.
Tube Buddy helps content creators, brands, and networks save time and grow their channels. So you can market and advertise it to content creators to help them grow their YouTube Channels.
4. Get Response: One of the Top Email Marketing Services out there, and offers an awesome Affiliate program.
5. SendinBlue: one of my best, only because it allows you to earn per signup! Yes, it pays 5 Euros on each sign up you refer to SendinBlue.
It is also one of the Top Email Marketing Services out there.
7. Simple Matrix about Affiliate Marketing!
Simply, affiliate marketing is based on two things:
a. Selecting the correct product to promote.
b. Promoting the product.
It’s that simple, select a product, promote it, and earn money!
Let’s start with the first part, which is selecting the correct product.
a. Select the correct product to promote:
It’s very important to understand and learn how to select the best product or service to promote because simply, with the same effort and time you will make much more money if you select the correct product.
Example: Let’s say you are promoting a service that costs 200$ and your commission is 60% per sale.
You promoted this service and you were able to get like 50 sales each month.
50$ * (200*0.6) = 6000$ per month. Nice!
And your advertising costs (In case of running paid Ads) are 3000$. Then you earn 3000$ every Month.
Per Year: 3000$ * 12 month = 40000 $
Great! BUT in this case, you will need to promote every month, pay for advertising every month, effort and Time every month!! Yes?!
NOW, Let’s Tweak the scenario!
We selected a product at the same price: 200$. Your commission is only 40% and not 60%.
But what is different here, is that the product you selected gives recurring commissions, so you will get 40% every month without promoting again and again.
Let’s say now, you promoted this service and you were able to get like 50 sales in a month.
For 50 sales per month:
50$ * (200*0.4) = 4000$ / First month
And your advertising costs are 3000$ then you earn only 1000$ for the First Month.
But then, 4000$ for the next months without any advertising or efforts (It’s recurring!) Did You Get It!
So the next month you will earn 4000$ without paying anything!
Per year: 1000$ + ( 4000$ * 11) = 45000 $ with much more less effort and time!
I assume, of course, you’re going to go for the second (recurring commission) which will become 90 percent passive with the same or even more revenue!
This is a small example of how the selection of the right commodity (even with a lower commission) can be important in the marketing of affiliates.
Of course, I don’t mean you don’t have to go for 1-time commission goods! No, no.
I’m just showing the value of selecting the right product and how it could impact your work!
Some Tips: select at least two products to promote, one recurring, and the other is 1-time commission.
Promoting the Product Affiliate.
After we realized what is affiliate product, and the significance of selecting the right merchandise to promote, and I confirmed to you some of the high-quality affiliate networks and applications that you can begin with. Now it’s time for the actual work
Choosing the product or the provider may additionally take like 10 minutes or most of 1-2 days. But what is crucial now is How to promote?! It’s all about Marketing
When it comes to marketing, we have two paths:
1. Free Advertising.
2. Paid Advertising.
start with Free promotion, and see how we can promote affiliate products and services for free.
a. Email lists.
Despite its older origins, email marketing is still a viable source of affiliate marketing income. Some affiliates have email lists they can use to promote the seller’s products. Others may leverage email newsletters that include hyperlinks to products, earning a commission after the consumer purchases the product.
Another method is for the affiliate to build an email list over time. They use their various campaigns to collect emails en masse, then send out emails regarding the products they are promoting. See how to collect cold emails for your campaign.
My own cold email format:
b. Product Reviews
If you’ve built up a lot of trust with your audience, product reviews are a fantastic way to generate some sales. See product review format here.
This works for all three types of products you can promote, and I’ve personally seen success with each.
The key to a successful product review is honesty.
I’d generally only review things you like, but if there are drawbacks or little things that bother you be upfront about them. Most people know that no product is perfect.
So if you set expectations and are open with them, there’s a good chance they’ll buy it anyway.
Make sure you include the following items in any product review:
- Clear headline featuring your desired keyword (“product name review” for instance)
- Clear links for where to buy at both the top and bottom of the page
- A clear recommendation.
- A personal story about how you use the product or why you recommend it
- The Resource Page
This is probably the easiest thing you can do right now to bring in a few sales over the coming weeks: create a resource page
Regardless of what your business is, there are tools, products, and services that you use to run your blog or business.
By putting together a page of all of your tools and resources, you’re creating something that’s shareable, as well as useful.
c. Social Media
Social media marketing is the use of social media platforms to connect with your audience to build your brand, increase sales, and drive website traffic. This involves publishing great content on your social media profiles, listening to and engaging your followers, analyzing your results, and running social media advertisements.
The major social media platforms (at the moment) are Facebook, Instagram, Twitter, LinkedIn, Pinterest, YouTube, and Snapchat.
Before you begin creating social media marketing campaigns, consider your business’s goals. Starting a social media marketing campaign without a social strategy in mind is like wandering around a forest without a map you might have fun, but you’ll probably get lost.
Here are some questions to ask when defining your social media marketing goals:
What are you hoping to achieve through social media marketing?
Who is your target audience?
Where would your target audience hang out and how would they use social media?
What message do you want to send to your audience with social media marketing?
d. SEO: Search Engine Optimization.
SEO is the best way to promote affiliate services and products and to turn this online business into almost 99% Passive Income. Why?
Before I say why let’s explain SEO in brief.
What is SEO?
Search engine optimization or S E O is honestly a method, or a technique used to rank your web sites and articles on Top of search engines like Google, Bing, and Yahoo.
You know, when human beings need something on the internet, they search for it on search engines, and typically human beings will open consequences from the first web page only.
So your purpose with search engine marketing is to make your internet site rank on the first web page for positive search queries. So you can get a lot of free natural site visitors to your website.
Let’s take this easy scenario, you wrote an article on your internet site about an affiliate product, for example, “Top 10 Microphones for YouTubers” and you ranked this article on the first web page of Google.
Now you can think about how good deal cash you will make with the amazon affiliate software merchandising “Microphones affiliate links” and getting free site visitors from Google, it’s cash on autopilot!
Now you may additionally say, Ok Great! But how do we rank our articles? in different words, what the hell is SEO!! and how do we do it!?
Of course, Going via search engine marketing in deep is out of the scope of this article, however at the equal time, I will attempt my fantastic to assist you to recognize how to begin and work with web optimization in few lines. I will no longer let you go out of right here lacking anything!
The Idea is Simple, we by and large have three steps to go thru in the procedure of ranking your articles
Know what people are searching for (Keyword Research)
1. Optimize your article for these keywords (On-Page SEO)
2. Off-Page SEO (Building Trust, Social Signals, and Link Building
How to start affiliate marketing from scratch: Affiliate marketing is an ideal solution for those looking to gain control of their own income by focusing on performance-based revenue options. Working in tandem with a seller, a motivated affiliate marketer will be able to achieve a passive income from the comfort of their home without worrying about producing their own product or service.
Although the success of the job does depend on the affiliate’s marketing skills, it can prove to be an effective way to meet your income goals as either a primary career or a profitable second job.
An elegantly straightforward process, affiliate marketing via reviews, blogs, social media, and other platforms is a new frontier in marketing that’s just waiting to be utilized. Follow the tips included in this article, and you’ll be able to engage your audience, convert passive readers into active consumers, and enhance your paycheck one click at a time.
Let me know the affiliate product you will like to promote in the comment section below:
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