Almost everyone has heard of affiliate marketing. Getting started with affiliate marketing is one of the most popular ways you are able to make money online right now.
By becoming an affiliate yourself, it is possible to really have passive income, without it being necessary to buy all kinds of stuff yourself.
If you are curious about how affiliate marketing works and how you can actually start with affiliate marketing yourself, it is not a bad idea to quickly read this article.
What exactly is affiliate marketing?
Before we discuss the benefits you will experience when you choose affiliate marketing, it is necessary to first discuss the concept itself. We see that not everyone knows what is actually meant by affiliate marketing.
Affiliate marketing is a way for you (the affiliate) to earn a commission for recommending products or services to your friends or readers. By becoming an affiliate partner, you are essentially promoting their product.
When a sale is made, the company you operate for must handle the fulfillment of the order and the shipping. This is great news for bloggers and entrepreneurs who are more interested in creating content than handling the shipping itself.
There are many different ways to track affiliates these days, but they are all based on someone clicking on your special link. The most common and most basic way of tracking is via a cookie.
When an affiliate link is clicked, a small file (cookie) is stored on the user’s computer. Then they buy a product. Thanks to the cookie, the company may have been purchased through your link. You will then receive a certain commission.
Getting Started With Affiliate Marketing
How much money can you make with affiliate marketing?
Affiliate marketing allows you to make money online even if you don’t have a blog or your own products. By following a few simple steps, you can be up and running in a matter of hours and start earning your first commissions right away.
Affiliate marketing is really one of the best business models for making money online, making it a popular choice for people who want to earn passive income for themselves. The formula for affiliate marketing remains relatively constant, regardless of your market or niche.
Your main job is to be traffic generating (i.e. sending prospects to the merchant’s website through your unique “affiliate” link). If you don’t have the money, you can get started by finding ways to get free traffic to your website.
Here you can think of blogging, posting guests on other websites, and posting messages on social media sites such as Facebook, Instagram.
How much you earn really depends on your own effort and perseverance! Because certainly in the beginning it takes a lot of time while you see almost no income. You really have to learn to think long-term!
Why affiliate marketing – the most important benefits at a glance?
You already know a little more about what affiliate marketing actually is. What you just don’t know yet is the reasons are why you should start with affiliate marketing yourself.
There are many benefits to be experienced when you earn money online as an affiliate yourself via the internet. For an overview as complete as possible, we have listed the most important benefits for you below:
- You feel valuable to the customer
The first benefit is that affiliate marketing is really a way to feel valuable. So it’s your job as an affiliate marketer to promote products that make a sale.
In doing so, you are actually actively helping three different people. These are the owner of the product, the buyer of the product, and you as a promoter.
And that’s why it’s so important that you as an affiliate promote products that you trust and believe in. If you choose products that you don’t really believe in, you immediately feel bad. You will probably make some sales but not really feel good.
However, over time you will earn a negative reputation and the revenue stream will stop. In this scenario, you are also doing a disservice to people who spend their hard-earned money on a terrible product.
This is also the other way around, if you know how to offer good content, you will feel good and valuable towards the customer. Your goal as an affiliate marketer is to identify a problem and then find solutions to those problems.
Finally, you want to address the audience with the problem and be the bridge to provide them with the product that solves the problem. This certainly gives you a sense of accomplishment when you succeed.
- You have very low start-up costs
Affiliate marketing is an interesting business model compared to other forms of making money online. As discussed briefly, with affiliate marketing you will not have to worry about logistics, production and shipping of the products you have on the site.
All you have to do is link good products to users who need them. Affiliate marketing can cost as much or as little as you want, depending on your budget and level of experience. There are three essential costs in affiliate marketing.
These are the domain and hosting (to set up your website) and choosing the right products. You often lose a maximum of a few tens per month.
This makes it really a lot cheaper than, for example, setting up your own webshop. In this case, you will have to think of purchasing costs, while this is not the case with affiliate marketing.
- You are in control of your work
With affiliate marketing you are in control. This certainly also applies to other business models, but with affiliate marketing it is something different. There are so many strategies, tools, services and options that you are able to follow a high level process and then really put it together yourself.
For example, if you are good with social media, you could focus on these channels. If you’re good at making videos, then YouTube is the place to focus your attention.
If you’re great at writing, you could focus on your blog. This makes it possible for everyone to find some kind of channel or platform where he or she can go to promote the different products online.
Furthermore, you have full control over which products you want to promote and who you want to work with. This freedom allows you to promote what you really stand behind. If you do not support a company, there is no one who obliges you to promote its products, you are completely in control of this.
And you may also be able to promote saw directly from the manufacturer if you have a product you like yourself. You are able to decide which affiliate link to promote based on who offers the best commission and whether they offer a discount to your audience by using your link.
- You can easily earn passive income
The last reason to choose a job as an affiliate marketer is of course the fact that you are able to earn a significant amount of passive income. The good news is that much of the work is done in advance.
Once you learn and master the affiliate marketing process, it will all go pretty quickly. Although you are busy with it a lot, in the beginning, this will become less and less.
This allows you to put less and less work into promoting in the long run but still earn good money. If your website continues to grow and you end up on the first pages of search engine results pages (SERPs), things will go fast.
You can see that there are really many advantages to affiliate marketing. This is also the reason that so many people choose this way of earning money online.
It is important to know that the above benefits can only be experienced if you know how to set them up in the right way.
If you don’t like it, you will always be able to stop because of the low costs if you want, this is really a lot easy