We see this tag ‘Want to make money while you sleep’ in almost hundreds of articles and ads. Is that really possible to make money so?? Yes, but with the help of Affiliate Marketing. Affiliate marketing gives you the leverage of your own working hours, a fixed income or a pay based on the number of the products sold, make more money with low investment and especially earn even while you relax. Now let us just see the essentials of Affiliate marketing for a better understanding.
What is Affiliate Marketing?
As you don’t have to create any product nor sell it, Affiliate Marketing is one of the easiest way where one prefers to do a business (in online). By owning a Considerable Website (most commonly a blog), you promote other’s brand (product/service/site) in your website; by which your audience or your customers visiting your site makes a purchase on clicking the promotional links. Wherein the purchase and the results are tracked and so, the brand merchant get a sale and you get a Commission on every referred sale.
How to be an Affiliate Marketer?/How to start an Affiliate Marketing Business?
Blog can be the best promotional tool for affiliate marketing. Though this marketing cannot suit every Bloggers, it benefits most of the website owners (influencer sites, etc.). Let us see few guidelines on how Affiliate Marketing works, to become a successful affiliate (marketer),
- Choose a Product or Service Niche
- Create a website or a Blog with a suitable and catchy domain name
- Create an appealing content
- Build your sites accordingly to attract the targeted audience
- Choose the right seller
- Use appropriate tools like affiliate link manager (if using WordPress powered site)
- Locate the affiliate (merchant) links in the right places
- Promote the product
What happens when the user clicks the affiliate link?
- The visitor are then directed to a perfect landing page (of seller) to make a purchase
- The purchase are then tracked by a tracking link, and so
- The merchant gets a sale and so you get a commission
Don’ts of Affiliate Marketing
By now, I am sure you might have proactively chosen a Niche to Start affiliate Marketing. But before that you need to know few Common Mistakes of Affiliate Marketing where people usually fail to care about, and they are
Having Poor quality websites:
When you choose to earn money through Affiliate marketing, you need to design a pleasing website that attracts the users.
Not providing quality contents:
When it’s more likely a blog, your audience is based on your quality content. So make sure your content and the products you choose to promote suits your visitors.
Promoting many products:
Too many banners and ads can humiliate your audience which may end up in trouble that they will no longer be your user. So it is very important to have an organized number of promotions.
Choosing an undesirable affiliate partner:
Be cautious to choose good merchants within your niche, because a bad reputed seller or his products or ads may harm your recognition too.
Not Measuring your Performance:
Every sale referred by you has to be tracked for a proper analytics. Monitor, Analyze and track your performances with various tools to know how really your campaigns work.
There are a lot more mistakes that people commonly do in affiliate marketing. Hence to be a better Affiliate, you must start with a clear idea of what is Digital Marketing and its strategies, only then you can attract your audience and earn through Affiliate marketing.
Why to be an affiliate Marketer?
As people are very much aware about the growing Digitalized world, we tend to make everything easy in online. A valued website and quality promotions will serve you to be a better affiliate. So even you can earn more in your leisure hours without much effort and that is why many people chose to be an affiliate marketer. Let us see few advantages of affiliate marketing,
The beauty of affiliate marketing is that you can fetch more money though you don’t have to actively sit in front of your system with liters of coffee. However, some affiliate marketing gets you fixed income.
Work on your own timing:
Usually affiliate marketing is done on a part time basis where you can choose to work on your own desired hours. But with its success, few people work the entire day earning more money.
Cost effective and a Business with low investment:
In all ways Affiliate marketing consumes lowest cost as you don’t have to invest in a product or its manufacture, your business location, employees, etc. All you need is just a strong and influencing online presence.
Engaging your audience and reaching number of people far across the oceans can be made simple through affiliate marketing.
It is an easy and a quiet simple way to share revenue rather than competing with a tough business.
Be your own Boss:
You don’t have to work for anyone here. Instead, as an affiliate, you can be an Entrepreneur or Influential Person in the web.
Successful Affiliate Marketers of all the time
Here are some influential affiliate marketers, who are ruling the web and can be inspired from to become one.
1. John Chow
John Chow is an author, Blogger, Speaker, Entrepreneur, CEO of TTZ Media, Inc and most famously known as ‘The Original Dot Com Mogul’. By blogging he made money from $0 to $40,000 dollars per month in just two years working two hours a day.
Today his blog, John Chow dot com is one of the biggest blogs with 200000+ daily readers and it is ranked as 1st in the list of the Top 50 Canadian Internet Marketing Blogs and listed as 16th in the AdAge Power 150.
2. Pat Flynn
Pat Flynn is an Entrepreneur, blogger and Podcaster who own a website Smart Passive Income and it is ranked as one of the top 10 podcasts in iTunes’s Business category. Recently Forbes has listed Pat Flynn as one of the ten most transparent leaders in business and ranked him among 25 Marketing influencers to follow this year (2017). From $8000 dollar a month by publishing his e-book, Pat had made over $203,219.04 dollars in his first year Online (business).
3. Missy Ward
Missy Ward is an affiliate marketing Swiss Army knife, A female Internet Entrepreneur, Work at home mom, an author, Co-founder of Affiliate Summit, It’s A WAHM Thing, and many more sites. She has been ranked as Top 25 influencers in Performance Marketing in MIPM (Most Influential in Performance Marketing).
I hope you found this article useful to know the basics of Affiliate marketing. But make sure you have a quality website to promote your contents effectively. So stay tuned to know the importance of having an optimized website (SEO Optimized) to be an influential affiliate.
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