How does the idea of making money while you sleep sound to you?
Everybody loves it (including you!).
But, do you know how to achieve that kind of freedom? Where do you start?
One of the best ways to do that is by affiliate marketing. Affiliate marketing allows you to earn passive income by selling/promoting someone else’s products.
Since you don’t have to spend time creating your own products, it is one of the easiest and fastest ways to make money online.
Does it sound fake to you?
Trust me, it’s not!
It’s possible if you do it correctly.
In this beginner’s guide, I’ll show you how to start with affiliate marketing and make money online by monetizing your blog with affiliate products.
Why Affiliate Marketing is important for you as a blogger/content creator?
Your task as an affiliate is to partner with brands that fit in your niche and earn a commission whenever you make a sale by promoting their products on social media, blog, or website.
It is one of the best ways for bloggers and content creators to monetize their content and make passive income.
Did you mention one of your favorite products in your last blog post?
Affiliate marketing allows you to make money by promoting the products that you already use and love.
It all sounds great but can it be a sustainable source of revenue for your blog or business?
With focus and hard work, you can create evergreen content and then monetize it for years on autopilot with affiliate marketing.
Any type of content can be monetized with affiliate marketing no matter what your business model is and diversify your sources of income.
Affiliate Marketing in 6 easy steps
I know that adding an extra source of income might seem like a lot of stress but it is one of the simplest income streams to set up and automate.
It doesn’t take a lot of time or money upfront and you can monetize the audience that you already have.
Let me show you how you can start with affiliate marketing in 6 easy steps…
Understand the roles & terms
Before thinking about monetizing, you should know about the different roles and terms associated with affiliate marketing.
- The company: The first role is the company that’ll be manufacturing and shipping the product.
- The Affiliate: As an affiliate marketer/partner you’ll be promoting their product without worrying about creating and shipping your products. This means that as a blogger or online entrepreneur, you can focus more and more on creating valuable content.
- The Consumer: The last role is the consumer who’ll click on your affiliate link and make a purchase. Without consumers, everything else is just a waste of time.
Choose your niche
You can’t just promote anything and everything. Choosing a niche as early as possible increases your chances of success as an affiliate marketer.
You can easily beat your competitors who focus on creating broader content by narrowing down your niche.
Are you wondering that you won’t have a decent audience to make enough money if you narrow down your niche?
Well, it’s quite the opposite!
You target a small segment or part of a larger or broader audience, but those people going to connect with you better than other content creators who create broader content.
The more specific you are with your niche the better it will be. Try to be the go-to resource for whatever you choose to write about.
Spend some time on thinking about what niche you wanna be in and always keep an eye on what niche your competitors are in.
Build a blog/website
Promoting affiliate links on social media is not enough as you’ll seem spammy. Social media is for building trust with your audience and driving traffic.
Some social media platforms also limit the number of words you can write which in turn prevents you from creating great content and promoting affiliate products at the same time.
Creating a blog/website for your personal brand can create a separate room for your affiliate products.
Then, you can use social media to drive traffic to your blog posts and make affiliate sales.
You’ll have absolute control of your blog’s design & feel. Moreover, social media platforms can disappear any day, but your blog will always be a hub for your affiliate content.
Having a blog is absolutely necessary if you wanna make a decent amount of money from affiliate marketing.
Choose the right affiliate products
After choosing your niche and creating your blog, your next step is to choose the right affiliate products to promote.
You don’t wanna lose the trust of your audience by promoting a brand that doesn’t fit your values.
Always remember: Trust is the key to success in affiliate marketing!
It’s always best to choose and promote the products that you use and you’d recommend to your friends and family.
You should only choose the products and companies that you can have absolute faith in. If you choose to promote a company with a bad reputation, it’ll only affect your relationship with your audience.
Always try to do your research even if you’re promoting affiliate products that you already use.
Research relevant affiliate programs
There are basically two main ways to be a part of the relevant affiliate programs.
The first is to directly search and join the affiliate programs of the companies and products you already use and love through their website.
You’ll find the link to their affiliate program at the bottom or footer of their website.
The second is to join the joint affiliate networks and then apply for the relevant affiliate programs from their portal.
Here are a few affiliate networks that you can join:
- CJ Affiliate
- Impact Radius
- And also Amazon associates that have a wide variety of products from every niche.
Keep in mind that each brand or network will have different terms and different commissions.
Before going with any affiliate program, check:
- The commission percentage you’ll get
- Is it worth your time and energy to promote that product for the proposed commission?
- Is the program providing additional resources like graphics, etc. to help you with your promotion?
Promoting affiliate products
Now that you’re ready with everything you need to know about affiliate marketing, you can start putting everything into action.
Start by creating high-value content on your blog or website and building trust with your audience.
You don’t have to promote or put affiliate links into every article you create.
It’s a good thing to create informational and entertaining content instead of just promotional content.
- Product reviews
- Case studies
- Resources posts
- Product comparisons
While writing product reviews, be honest about the benefits and pitfalls of the affiliate product. It’ll help you gain the trust of your audience.
The more you know about affiliate marketing before diving into it the better will be your chances of success.
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