Affiliate Marketing is an Internet-based marketing selling where a business rewards affiliates for each sale that occurs as a result of the affiliate’s marketing efforts. Check my other post on this
Everything that we do in life, we have to first learn how to do it at some point. Anyone can earn additional income with the number of affiliate marketing programs that are available on the internet today.
Therefore, if you are seeking to earn extra money online then affiliate marketing is an amazing way to create a second or multiple streams of income.
If you want a stable extra income, there is no way you can just do it and anyone who tells you otherwise is lying.You have to start with a foundation, a website.
The Affiliate marketing industry comprises of four (4) core players:
- Merchant (That’s the company offering a product or service)
- The Network (These are the affiliate networks like Google, Amazon, click banks etc)
- The Advertiser (the individual –also known as ”the Affiliate”)
- Customer (The person who buys/consumes the product or service)
Affiliate marketing goes beyond other Internet marketing methods to a large extent due to the fact that affiliates often use regular advertising methods.
Included are organic SEO, paid search engine marketing, e-mail marketing along with pay per click advertising such as Google AdWords.
Alternately, affiliates use techniques such as publishing reviews of products or services offered by a partner on various platforms including blogs, on their website or in social network sites such as Facebook, Twitter, Pinterest and the many social sites out there.
Affiliate marketing is a great way for small online sellers to make extra money, and I want to reiterate that anyone can earn extra money online.
Affiliate Marketing Without a Website, Does it Work?
You don’t even need a website check my other post on affiliate marketing without a website You can display affiliate products using a blog, through widely used social media networking sites such as linkedIn, Twitter and Facebook or even on your newsletter for the benefit and support of all your readers as well as followers.
You can definitely leverage the power of the internet to your advantage, if you do have a website and need to make extra money or full income online then these networks can work for you too.
Almost all affiliate networks work the same way. Firstly you join to create an account. If you are accepted in the program, you log in and look for advertisers. Most systems let you choose advertisers by category while some others are specialized.
For example, MarketHealth.com specializes in health and beauty products while IronOffers.com specializes in different brands of irons.One problem with most networks, you have to join several of them to find the right products to advertise or to find products in your category.
How To Earn Extra Money Online With Affiliate Marketing
Some affiliate programs do not pay much, but the best way to earn extra income with affiliate marketing is to promote products with recurring income, this means you only have to sell the product once and you will keep earning as long as the person you referred to the program stays a member.
Another way to earn more is to promote tiered affiliate products, this way, you will keep earning indirectly.
Looking for a good program to join? Check this program here with 35% commissions.
Where To Find Affiliate Products
For starters, a solution to this is to take a look at Affiliate programs in Google. Google lists thousands of affiliate advertisers by category. By doing this, you can find the networks with the products you want to promote, before joining them.
It is very important to note that, the best advertising is that which is related to your content and focused on your readers, write good helpful content and your readers will trust and buy from you. Your site cannot be about fitness and you try to sell your readers pet accessories.
Some affiliate marketing programs offer you the opportunity to earn higher income or returns check my review of Wealthy Affiliate to see how they pay 50% commissions.
Affiliates offers for credit cards and mortgages tend to pay the highest commissions, but as said earlier, if you blog is about pet care and training; then those ads would be out of place. whereas ads for Petsmart would work very well for you.
But just like everything out there, be careful what affiliate program to join, before you sign up for an affiliate program, check their reviews, if you are happy with what you see in the review, apply to join.
Remember to always read the little prints with the FAQ to understand what is expected of you as an affiliate.There are a number of trusted sources and places where you can learn how to earn extra money online with affiliate marketing.
My choice of place to learn and earn is Wealthy Affiliate You will benefit extensively from the wealth of knowledge that awaits you, a very helpful community, live chat (you get help almost immediately) and they do not have the upsells most programs out there have. Wealthy Affiliate is free to join and get started.
There are many affiliate programmes out there, just as there are many ways how to earn extra income online with affiliate marketing, no need to worry if you apply to an affiliate programme and is not accepted.
This might be for different reasons eg, your website is not suitable for their products, remember what l said up in this post? you can not blog about pets and promote toothpaste.
If your blog is about beauty, then you need to promote beauty affiliate products. Your campaigns will convert much better.
I hope this post helped you understand more how to make money on your blog be it a new blog just getting started or an old blog that you`re still struggling to monetize.
If you have any questions, please leave me a message below, will sure get back to you.
Love your explaining of what affiliate marketing is. I always thought that you needed to have a website first in order to promote affiliate products. Though I would imagine after a while, it would get a bit more difficult. Thank you for taking the time to write this. Very useful information!
– Francisco
some people can make money with affiliate marketing without having a website but this is unstable because unlike having your own website,the site you use to promote products does not give you full control.
For anyone looking into getting started with affiliate marketing, I always advice them to have their own website, unlike in the past,websites are now quite easy to create.
Excellent article!
Affiliate marking is complex but seems easier once you know what you’re doing.
I noticed you said “extra” money online. Does this mean we can only make a little extra spare change with this biz? Is it possible to make a living doing this type of word, or is it best for supplimental income?
Thanks Alec, I said extra income in my post because i know how scared l was of making money online before i got started ,then l said to myself l will try to make extra income and this gave me the courage to give it ago knowing my day job was still safe and i could work on this in the night.
Thanks for stopping by.
This is a great introduction to affiliate marketing! Now I learned a little bit more about it!
OrganicSEO is quite a tough one to master. I own a blog and I am thinking to monetize it through some sort of affiliate marketing. However, I have not gained enough traffic to my site. I have been looking around and there are too many myths on how to boost traffic.
Do you think I could get some proven methods from Wealthy Affiliate?
Thanks for this post! It’s very well written and easy to digest (especially who are new to the world of affiliate marketing like me)
Hi, thanks for the article explaining a little more about affiliate marketing. I am familiar with it but hadn’t heard of affiliate scout before, so thank you – I will definitely be checking them out to source future affiliate opportunities. Although I prefer creating my own products – much more control and revenue – however affiliate marketing can work too.
Thanks Stacy, l have never tried creating my own products, might do it in the future but for now, im happy with affiliate marketing
Hello Roamy hows it going?
I have recently started a blog and have yet to really utilize affiliate marketing. Thank you for clearing this all up for your readers because it can be a bit foggy when new to the scene. I think its cool that you can still use affiliate marketing even without a website as you pointed out. Post to your blog, Facebook, and other social medias. I know we all would like to earn a little extra money!
Thanks again,
-Anthony
Hi, thanks for sharing this info about affiliate marketing. I have been doing affiliate marketing for years now and I can say that its one of the best things that I have ever done in my life. I love it.
Affiliate marketing isn’t always easy, and you don’t always make a lot of money. But if you keep chipping away at it you can start to grow a decent business.
Some useful information here, and like you say there are loads of different affiliate networks to choose from. Hadn’t heard of iron offers, an affiliate network for brands of irons, goes to show it doesn’t matter what niche you are in, you can still make money!!
Thanks Andrew, l believe anyone can make money with Affiliate marketing.Most people do give up too easy then fail to make money and think making money online is impossible.
Hi Andrew,totally agree, affiliate marketing is not as easy as newbies think it is,but with commitment l believe anyone can make money with affiliate marketing.
Thanks for the clear and lay man explanation of how affiliate marketing works. Many people who are new to affiliate marketing playground cannot fully grasp the relationship between advertiser, affiliate and affiliate network.
It is possible to do affiliate marketing without maintaining a website, and that is through paid marketing. However it requires that you constantly find profitable campaigns and have a sum of money to fund your campaigns.
With that said, having been involved in both paid (without website) organic (SEO) affiliate marketing, I think building up a website and watch it grow is more rewarding and long lasting than relying solely on paid affiliate marketing.
Thanks Edward,
Anyone doing affiliate marketing without a website in my opinion can not succeed long term.l would not avise anyone to do affiliate marketing without a website,cost too much to run.
I have come across affiliate many times, but never really fully understood the concept behind the business model.
Thank You for helping me to understand affiliate marketing a little better, and it definitely sounds like a blog is the best way to go about earning money online with it.
I can actually imagine people having to join multiple affiliate programs to find the products they want, and Affiliate Scout sounds good.
I will look into your Wealthy Affiliate recommendation too 😀
Neil
Thanks Neil looking forward to showing you the ropes in wealthy affiliates
Hi there,
Well that’s a good explanation about what exactly affiliate marketing is.
I’m sure many people don’t really grasp the concept and vaguely hear about some way you can promote others people’s products to get commissions out of it.
The platform you recommend, WA, is definitely a perfect place to learn about this process. 🙂
Btw, what do you think about affiliate marketing without a website? Do you think it has any future? I know it was easy in the past, but the way the web is evolving now what are your thoughts about it?
Cheers!
Hi there
Thanks for stopping by.Affiliate marketing without a website? l do not want anyone telling me what l can put on my page and what not, affiliate marketing without a website is a no no.maybe it worked in the past but no more.