What will you learn from this Affiliate Marketing Training Guide?
One thing I can assure you is this; after reading this Affiliate Marketing for Beginners guide, you will definitely have a better understanding of how Affiliate Marketing works and how you too can start your own Affiliate Marketing business.
What is Affiliate Marketing, and how does Affiliate Marketing work?
Affiliate Marketing is simply a marketing method in which you recommend other people’s products or services to potential buyers and you get rewarded (commission) for every sale achieved from the customers or potential buyer you refer to.
It’s more of performance-based marketing because it does require you to do some level of pre-sell. Although, the method of your pre-sell is entirely up to you!
The product owner is the vendor or merchant while the affiliate is you.
Basically; you’re generating sales for the product owner in exchange for a commission that you get paid for each sale.
NOTE: Depending on the type of Affiliate Marketing you signed up for (Online or offline); you would surely have an affiliate link (URL) dedicated to you, or a unique referrer number (if you’re promoting offline).
Your affiliate link is what the vendor/merchant will use in identifying the numbers of people you’re sending to their website as potential buyers.
Also; your affiliate link is what you’ll be using to drive traffic to the vendor’s website.
Who is Affiliate Marketing for?
Affiliate Marketing is practically for anyone interested in making money online regardless of your age; in as much you’re ready to learn and take the required action.
If you truly want to make money in Affiliate marketing; then, you just have to be willing and ready to learn how it works, and you’ll see yourself profiting from it in no time.
Basically, Affiliate Marketing is a business model that provides you with endless opportunities!
Here are some common affiliate marketing models:
Pay-Per-Click (PPC): The affiliate gets paid for all clicks that were generated, regardless of whether a lead or sale happened. This is fairly rare since all the risk is on the product creator.
Pay-Per-Lead (PPL): The affiliate gets paid for every lead they generated. This could be an online form submission, trial creation, or any pre-purchase. This is a shared risk on both the merchant and the affiliate.
Pay-Per-Sale (PPS): The affiliate gets paid for every sale they generated. This is the most common model since all the risk is on the affiliate.
Who are the affiliates?
An affiliate, also known as a publisher, can be an individual or a company. Typically, these are other bloggers or content creators operating in the industry of the product they are creating.
They help promote the product or service by creating content like blog posts, videos, or other media.
They can also promote their content to get transactions by putting up ads, capturing search traffic from SEO, or building an email list.
When one of their visitors creates a transaction, which could be a purchase or submitting a lead form, the affiliate gets a commission. How much commission is structured depends on the affiliate program terms.
What are the Advantages and Disadvantages of Affiliate Marketing?
After you’ve understood what Affiliate Marketing is all about; you definitely need to know what the Pros and Cons are. Like any other business opportunity; affiliate marketing is not exempted from some likely benefits or downsides!
Truth be told; there are plenty of benefits and challenges that you will possibly come across as an Affiliate Marketer, but at the end of the day; it all comes down to your ability to eliminate those problems and focus on what matters to you.
- You don’t need much investments or capital to start your own Affiliate marketing business. You can even start with as low as $100 (which includes owning your own blog).
- Affiliate marketing has a higher return on investment (ROI) if compared to other businesses. Basically, you can earn up to 80% commission on some products (mostly digital products).
- Affiliate marketing can sometimes be a very easy way of making money online.
- You don’t need a product of your own to get started! Meaning; no headache of product creation.
- You don’t need any prior knowledge before you can start learning Affiliate marketing.
- Your income opportunities in Affiliate marketing has no limits, except the limits you put on yourself. There’re lots of Affiliate marketers making an average of $50,000 per month.
- Affiliate Marketing is very competitive, and can sometimes be quite challenging.
- As an affiliate marketer, you don’t have any control over the products or programs.
- Affiliate marketing can be quite expensive if you want immediate results.
- Getting results in affiliate marketing can sometimes take months if you’re not ready to invest in yourself.
What are the requirements you need to get started in Affiliate Marketing?
You don’t need any requirements to get started as an affiliate marketer other than a laptop or desktop and internet connection.
I often hear people saying you need a website before you can get started as an Affiliate Marketer; well, that’s not true!
You can basically start making money online as an Affiliate Marketer without owning your own website or blog. All you need to do is to “Link Directly” to the offer.
What that means is that; you simply link directly to the vendor’s offer through any means of advertisements.
Sharing with you my personal experience; the first set of money I earned in Affiliate Marketing was through the above-mentioned process (Direct Linking). It’s a very straightforward process, but the downside to this method is that it requires you to spend on advertising and understanding the ads platform you decide to use.
More so, “Direct Linking” is not the best strategy for you in the long run. But it can be a good starting point for you to test how affiliate marketing works.
Can you really make money in Affiliate Marketing?
YES; you can make money in Affiliate marketing; although, you may likely not make that much money or any money in your early days if you don’t take the time to learn affiliate marketing the proper way.
Basically, learning affiliate marketing the proper way means that you will absolutely know what you’re doing (not a try and error approach).
Please note: having a winning strategy in affiliate marketing does involve some level of hard-work!
But if you’re ready to give it your best; then, affiliate marketing can surely make you lots of money than you can ever imagine!
One of the good sides of affiliate marketing is that the hard work is mostly in your early stage. You can literally learn the exact process or strategy that works and start profiting from it on automation. Meaning; once you’ve mastered the strategy, then the rest is more on autopilot (less work – more money for you).
Do you need to pay to join an affiliate program?
There are typically no upfront costs when it comes to joining an affiliate program, but your variable ongoing costs will depend on how you want to promote the products.
When it comes to affiliate marketing, most people think it’s a process of earning a commission by promoting other people’s or company’s products.
While affiliate marketing can seem straightforward — just find a product you love, promote it, and earn a piece of profit with every sale you make — there are actually a few moving parts you need to take note of.
For instance, you might want to understand the commission structure of the company or product creator. Are you looking for a commission per sale or commission per lead generated? Are you looking at the recurring commission or a one-off payment?
Depending on your goals, this will affect which product you choose, how you plan to promote the product as well as how much time & resources you want to invest.
For instance, if you choose to promote your content via paid ads, then that’s a cost you have to account for. You will have to compare how much you’ve spent to promote each piece of content or to generate each purchase against how much commission you’re getting for each referred sale.
Or, if you have a blog and website, then you will have to pay for hosting. In this case, this should be a flat fee spread out across all your referred sales.
How much money can you make as an Affiliate Marketer?
The amount of money you can make as an affiliate marketer is not fixed; it can range from making $100 to making $500,000 monthly (basically, it all depends on you – the value you are creating).
Although there are lots of affiliate marketers that are not making that much or not making any money at all. The simple truth is this; if you can’t create any value, then you‘ll possibly not make any money as an affiliate marketer.
My philosophy for success is that “you will only get paid in proportion to the VALUES you bring to the marketplace”. Meaning; it’s all about the VALUES you provide, and that’s why you need to keep learning and developing yourself!
As I’ve previously mentioned; I’m sure there’re some affiliate marketers out there that are not making any money ($0 per month), while they’re also lots of affiliate marketers earning over $10,000 (6 figures or more) every month!
My point is this; you need to put in the required work, commitments, and perseverance. And if all said is done; I’m quite sure you’ll be amazed by what you can achieve as an affiliate marketer!
How can you get started in Affiliate Marketing?
First and foremost; please don’t start buying or paying for any affiliate marketing related resources at this point.
Because there’re lots of FREE resources that you can start with in order to ascertain if affiliate marketing is for you or not!
There is no point in buying programs or tools you would not use at the end.
As I always say; if you truly want to learn anything the right way; then it’s best you ask someone who’s already on that path (someone who’s already doing what you want to learn)!
Unfortunately; we often get caught up in the race of the so-called “Guru” (fake lifestyle)! People running their mouths for the sake of claiming to be what they’re not.
I don’t have any problem with the so-called guru’s, but what I have a problem with is the fake self-acclaimed gurus who are misleading others in the name of making money!
Anyway, back to the main point.
You can either check on Google for other related affiliate marketing beginners resources (but be careful of SCAMS), or you can follow the link below to check out my RECOMMENDED affiliate marketing training program, and simply start by registering for their FREE membership account. It’s entirely up to you!
What are the best ways to promote Affiliate products?
There’re lots of ways you can promote affiliate products. And my two favorites approaches are; “posting on social media”, “start blogging”, “writing Reviews” and “writing Guides (the How-To’s contents)”. All approaches are quite very effective, but preferably if you have a website or blog.
What both simply means is that you will be providing detailed information to your audience by showing them how a product works, the benefits, and other related facts such as Pros and Cons.
A good example is by writing a well-detailed product review or a guide on how a product works, which can be in the form of an article, e-book, report, video, or podcast. Don’t forget; what your audience really needs is your honest opinion.
NOTE: One of the best practices to achieve integrity in this area is to ensure you try-out the products you’re promoting yourself, and then share your experience using the products (be honest with your audience).
One more point I’ll like to talk more about is the fact that video marketing is a great way to promote affiliate products. The process straightforward, you will create a video that provides useful information about a product to the potential buyer searching for information about the product.
YouTube is definitely your best option in hosting such videos.
My advice to you:
Offering sincere help is one of the best ways you can genuinely make money online or in any kind of business.
Don’t forget, everyone would love to deal with a sincere person, and sincerity build trust!
One of the keys to your success here is to create content that is useful, helpful and interesting.
Haven said all the above; please and please; be honest and truthful with your contents!
If you don’t have a website or blog; then you can start by using the “Direct Linking” method.
After signing up with some affiliate programs; you’ll choose the affiliate products you want to promote (your offers). And then advertise the products on ads platforms like Bing-Ads by linking directly to the offers.
NOTE: some of the HIGHLY converting offers for “Direct Linking” are CPA offers.
CPA stands for “Cost Per Action”.
You get paid when your audience complete the required task (the action).
For example; the task can be as simple as a form submit (such as newsletter sign-up).
If you’re interested in CPA offers; then you might want to check out MaxBounty.
MaxBounty is one of the best in the industry (for CPA offers)!
I’m quite sure you would have learned one thing or the other from this Affiliate marketing beginner’s guide!
I’m sure you now have a clear understanding of affiliate marketing and how the process works.
I can practically tell you that affiliate marketing is a great way to start generating passive income for yourself online; it’s all at your own terms and comfort!
So, what’s next?
You can practically start by registering for this affiliate marketing training program. You absolutely have nothing to lose but much to gain!