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 sell 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.