HOW TO START AFFILIATE MARKETING(COMPLETE BEGINNERS GUIDE)
I will never forget the day when I woke up at about 5 am in the morning, preparing to go to work when suddenly I got a text message alert. when I opened up the message, my heart sunk. I woke my husband up to share the horrible news.
All I had to tell him was that I had been fired from my job as a restaurant manager for him to just burst out crying. We had a lot of bills to pay and just his salary alone was not going to be enough. The coronavirus had messed things up. long story short, we quickly realized, we had to get our shit together and figure out ways to start earning money to survive with our 2 kids.
Then I went on the computer looking for ways to make money online. Then boom, I came across affiliate marketing.
WHAT IS AFFILIATE MARKETING you might ask?
You probably have been using websites that are being monetized with affiliate links here and there and you didn’t realize it.
affiliate marketing is a process by which you earn money by promoting other people’s products or services.
you simply just look for products you know people would want to buy and then promote it. You will then make a percentage profit for each sale you make.
It’s like you get a reward for each customer you bring. so it’s a win-win for you and the customer because the customer gets the product they want and you get paid.
HOW CAN YOU START AFFILIATE MARKETING FOR FREE you might ask?
don’t worry, I gat you………
you don’t need to be a tech expert to start, It’s easy. There are tons of products and services out there and almost every product you see online is attached to an affiliate program that will pay you to promote.
let’s face it, there is a lot of competition, more and more people are producing the same products and services, so it’s easy for these products not to been seen by potential customers
so, how do these manufacturers get their products out there? yes, you guessed it right, by marketing the products and affiliate marketing remains one of the best ways for the products to reach a greater audience. All you need to do is search for these sites, apply for their affiliate programs and you will be given a link to the product which you want to promote.
However, just because you can promote anything, doesn’t mean you should. You need to choose the product you know your audience would want to buy. For example, if your audiences are pregnant women, you don’t sell wedding dresses to them, no! you have to sell things like diapers, baby dresses, strollers, etc because that’s what they are looking to buy. With that said, when getting into affiliate marketing, you should know,
There are two types of affiliate programs ie High paying affiliate programs and low-paying affiliate programs.
HIGH PAYING affiliate programs
These are affiliate programs that have high-paying commission rates. an example is
- ConvertKit’s affiliate program which pays its marketers more than $500 per month if you send just 80 customers their way
LOW PAYING affiliate programs
These are programs that have a low paying commission rate, their affiliate commissions are usually in the single digits. That means you can get like 2–3 dollars commission per sale. An example is in the gaming niche take PS4 games. Lots of people play PS4, but the average cost of a game is only around $50, so the commission rate for their affiliate is within the single digits.
So, if you are looking into making a steady income online, you need to search for HIGH-paying affiliate program niches.
so, WHERE CAN YOU PROMOTE YOUR AFFILIATE LINK
Promoting your affiliate links is quite easy. You can start with family and friends or even use popular platforms like Facebook, Instagram, Pinterest, youtube, google, TikTok, etc to promote your products or service. But you need to build a huge following to be able to generate more money.
The best social media platforms to build an audience are google(blog) and youtube because they are the top 2 most visited platforms with google being the first. So, it’s likely easy to get more clicks from a blog.
you can start a blog or even start a youtube channel where you can advertise your products and start building your audience.
Starting a blog today is relatively easy and cheap. There are plenty of tutorials online that teach you how to get started. The best part? It’ll likely only cost you a few dollars per month.
Once your site is up, optimize it for search engines so that you have a better chance of ranking.
HOW MUCH MONEY CAN YOU MAKE DOING AFFILIATE MARKETING?
To be honest, It’s like asking me how much money does a business owner makes every day. You can’t tell because it depends on a lot of factors
-what you sell
- where you promote your product
-the time you spend promoting the product
Don’t expect to make a ton of money right off the bat when you are just beginning. because just like any business, it takes time to gain customers and grow your business.
There are days where your sales are high and days where there are low. so the simple answer is that there is NO LIMIT to the amount you can make doing affiliate marketing.
Don’t expect life-changing income or quit your job (if you have one) because Affiliate marketing takes time.
Focus first on making your first affiliate sale. And as you grow your site and audience, set new goals, challenge yourself and continue experimenting.
This is how to build up a site that eventually generates a significant amount of money.
by Fozoh Clarisse.