Are you looking for a way to make some extra money? Maybe you've heard about affiliate marketing and are curious about how it works. Or maybe you're already doing affiliate marketing but aren't seeing the results you want. In either case, this post is for you. I'm going to share with you some tips on how to start affiliate marketing the right way, so that you can see success sooner rather than later. Keep reading to learn more!
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What is affiliate marketing?
Affiliate marketing is a way to make money online by partnering with brands and companies. You get paid for sending traffic their way, which means that in exchange for sending them over there's an affiliate link where you can collect commissions whenever someone clicks on it and makes a purchase from one of your links. Here is how it looks in a nutshell:
The benefits of being an affiliate marketer
If you're looking for a side gig, being an affiliate marketer is not only lucrative but also fun.
The benefits of becoming one are many and varied; there's no shortage of opportunities when it comes to making money online this way. You can choose the kinds of product that suits your skills best or passion.
Affiliate marketers also have the opportunity to work from home, which can be a great way for stay-at-home parents or those in nursing homes. They also don't need any special equipment so they're really affordable.
Plus, being able earn an income with something you love on your own schedule sounds like an amazing life right?
How to get started with affiliate marketing
Step #1: Start by researching the market and come up with a niche
To get started with affiliate marketing, you need to research the market and come up with a niche. Here are some ideas for starting points:
Step #2: Create a blog to promote your affiliate links
Once you find a product to promote, the company or vendor will give you affiliate links to track your sales and pay your commissions. To increase your affiliate links' conversion rates, you should create a blog or website and promote them on the internet.
To create a blog, you need a domain name and a web hosting. Both of which you can get at Siteground.com, a web hosting company that I have been using since 2016. It has excellent up time - my blogs have never been down at all - and their customer service is very reliable if you need any assistance.
Once you have a blog set up you need to fill it with content related to the affiliate products that you are promoting. This content must be optimized through search engine optimization (SEO).
SEO means optimizing your blog to rank as high as possible in Google for buying-oriented keywords. For example, people who want to lose weight will type in “how to lose weight fast” and they will go to the sites that are featured on the first page of Google search results. If your weight loss blog is on page one, then you will be able to get traffic from prospects who are looking for a solution to their weight problems.
Step #3: Spend some time on social media sites like Facebook and Twitter to find potential customers and connect with them
Spreading your blog content on social media sites like Facebook and Twitter is also great way to connect with potential customers.
I recommend making accounts for yourself in the industry-specific groups or pages where you think people who would be interested might hangout, share interesting news about their company's products/services etc, then make sure there are public profiles as well so that fans can see pictures of what they offer.
Be creative when coming up with content - post sneak peaks at new items being released; show off work done by employees past/ present (with permission); answer questions posted by followers...etc..just use common sense here - don't put anything too lewd.
Step #4: Keep track of your progress so that you can see which marketing strategies are working best for you
Sometimes it's hard to tell which marketing strategy will work for you, but with the help of some tracking tools and a little creativity in planning your campaign plans; everything should go smoothly. A tracking tool that I have been personally using is Clickmagick.
Clickmagick is a great tool for marketers who want to track their links and conversions. With this, you can see what type of content people are viewing and which ones they prefer before investing time into marketing them.
I am personally using it right now because I find that analyzing my success rate in different channels allows me to make better decisions about how best spend my advertising budget across all three major networks: online ads, social media campaigns (such as Facebook Advertising) and my own email lists.
You can sign up for a free 14-day Clickmagick trial here.
Step #5: Have patience!
After a while, you may be wondering, "How hard can this really be?"
Well,It takes time and energy before making any money from affiliate marketing. And don't forget that everything has an learning curve - even something as simple as posting will take some practice in order get better at it over time.
So, keep trying; the best thing we could do now would prepare us for what's coming later down the road by building up our experience base here today
Common mistakes in affiliate marketing and how to avoid them
The following are some common mistakes that people make when trying to build an affiliate marketing business. Avoid these pitfalls at all costs:
Mistake #1: Not building a list or collecting leads
In order to build a loyal audience to your blog, you need to convert as many visitors as possible to become a subscribers. This process is called list building or lead generation, which I will explain in a future post.
Most affiliates fail to make money online because they do not want to invest in list building activities. Having a list is very important because once people subscribe to your blog with their email list, you can always follow up them with your offer anytime you want to.
By building a list, you have direct access to your visitors' inbox to not only promote your offer but also your content delivers value so that your readers will become more engaged with you and thereby, they trust you more with your recommendations.
Mistake #2: Focusing on broad, highly competitive keywords
If you are selling weight loss products as an affiliate, then you will face a great deal of challenges if you want to rank your blog to the first page of Google for the keyword "weight loss".
Broad keywords like "weight loss", "skin care" and so on are very, very competitive and there are hundreds of millions or maybe even billions of pages indexed in Google for those keywords.
Therefore, you need to learn how to be more specific in targeting long tail keywords that have less competitions and give you more chances to be on the first page of Google.
Mistake #3: Gets easily distracted by "shinny object syndrome"
Most affiliates fail because they do not focus on the fundamentals - niche research, build a blog and collecting leads - first. They want to make big money right away or get rich overnight. These kinds of affiliates are easy prey for fake internet marketing gurus who sell "push button" software, program or tool that will make you thousands of dollars right away.
You need to filter all the scammy promotional noises from these fake gurus because they will only distract you even more from your goal: having an affiliate marketing business that can supplement or even replace your main income in the long run.
Affiliate marketing is a great way to make some extra money, but it can be difficult to get started. One of the best ways to start affiliate marketing with success is by starting small and doing your research first. The tips I shared in this blog post are just what you need.
To help you out even more, I, along with my partner, Cindy Donovan, created an online course that teaches how other people have been successful at affiliate marketing so that you don't have to waste time figuring everything out on your own. Our course has helped many people learn about affiliate marketing for free. Why not try it yourself? Click here now for access.