What is Affiliate Marketing
Affiliate Marketing is a well-known working from home job to start a money-making journey online as a beginner. It seems easy to start with but quite hard to stick to and be a success.
Let’s break the ice really quickly. 99% of people who start Affiliate Marketing online fail, and only 1% of those succussed. You may be wondering what those people are doing differently that is making them a success and a recognition.
Affiliate Marketing is perceived and explained as simply as promoting someone else’s product through a merchant website online and making a sale by constantly promoting it within an affiliate link over your social media or your chosen content creation.
That is how the majority of people who start Affiliate Marketing perceive it.
However, there is so much more behind the scene-scenarios that you need to know and master. Not many successful Affiliate Marketers share their secrets.
Affiliate Marketing is the process of earning a commission by promoting someone else’s product or service.
By promoting someone else’s product or service through an affiliate link which is a link you can get from a company.
Anytime Anyone clicks on that link and buys the product you earn a commission up to 15% depending on the company.
There are many Affiliate programs out there that give you the ability to join for free and promote their products and earn a commission.
Having a website with decent traffic, a blog or a social media account where you have enough visitors following your content is essential for your affiliate marketing partnership approval.
Why affiliate marketing?
Affiliate Marketing is the treasurer of passive income.
The reason why it is so valuable to get started with especially for beginners is because you don’t have to create a product, you don’t have to create a service, you don’t have to be the expert and you don’t even have to sell the product because basically what you are doing is, you are sharing a product with people that you might know.
You are endorsing something and when they click the link, they go to the other person’s website for the product and that is going to sell them.
You basically just get paid by sending traffic someone else’s way and then you make money in exchange for that.
Affiliate Marketing is always a win-win for everybody involved.
Those are the links that you receive from the merchant to promote online.
They have a cookie implemented within so when someone signs up or makes a sale using your link you get a commission.
The commission rate varies depending on the seller.
You need to know what method of communication you are most comfortable with.
If you are someone who loves to write, blogging is for you. If you are comfortable with videos YouTube is for you and if you like to speak, the podcast is for you.
You have to become a content creator and you are trying to create content in a way that is not aligned with your DNA and it is going to be extremely challenging and you won’t be able to publish enough content at the start.
Find something you love because you must be consistent with it or else nothing will work.
Give value through content
You have your core attention content that’s going to be blogging, YouTube videos or podcast depending on what suits you the most.
For you, to succussed in Affiliate Marketing you must follow this formula.
T– stand for Trust– building trust with your audience should be your number one priority and it will pay off inevitability, find a way to build trust with your audience within your chosen method of content creation.
One way I build trust over social media is by following the 80/20 rules
The 80/20 rule
This is important.
I have stressed that social media isn’t about you, it’s about your audience.
Social media isn’t really a place where you sell your product or service right off the bat.
So, when you are online using your various social media tools, keep in mind that 80 percent of your time should be spent on activities that are not self-promoting and really no more than 20 percent should be spent on self-promotion.
Social media marketing is about helping your customers/clients.
Once you have built trust over time; your audience is willing to give up time to read your helpful content which will eventually turn into money.
Traffic– This is where you attract visitors. The more you implement the 80/20 rule the higher the chance of building traffic momentum.
Find the strategy that works best for you and stick to it to get more traffic. This is the second step of making your first sale.
Offer– After going through the trust and traffic process, here comes the time where you can promote your affiliate links with ease with a much higher chance of making a sale.
Repetition of this process means successful Affiliate marketing.
There are plenty of social media platforms out there. Depending on your niche find where most of your targeted audience is located and start promoting and growing your content and following. Instagram, Facebook, Snapchat, Twitter or whatever other social platforms you prefer.
If you have built a following on those platforms, it is easy to promote an affiliate link.
If you are just starting out, Don’t Worry Because I had created Efficient Plain Tips for Social Media Marketing in which you can follow if you are a beginner.
Pillars of failure
There are some reasons why the majority fail at Affiliate marketing.
People don’t have enough patience to see and get results. At anything in life in order to see your hard work pay off, you must be patient enough to wait for the results to show up
With successful Affiliate Marketing, it is going to take time to get results. Most people give up too soon because they are not patient enough to wait to get the results.
What if it takes a year to build in that passive income formula through Affiliate Marketing, are you willing to patiently wait while hustling?
This may take longer or shorter depending on your strategy but if your answer was yes then you are on the right path.
Two Affiliate programs to start with-
It is a great place especially for bloggers where most of the products that you will be promoting are blogging related such as Canva (where you can create great posters for your blog/social media photos).
They reward you with a 10% cut of everything your referred customer buys for a full year!
I’m an affiliate, so whenever you sign up through this page and buy a product you like, I earn a commission.
What I love most about Creative Market is that it has plenty of products/opportunities especially for a beginner to kick start their Affiliate Marketing journey.
Their easy to promote products especially on Pinterest has made it outstanding for me.
If you are looking for plenty of easy and amazing to use affiliate network links, then ShareASale is the one for you. What makes ShareASale unique is that it has a lot of companies that are willing to auto-approve you once you request.
Whether you are a beginner or an affiliate pro this network is amazing for bloggers and easy to navigate.
With a higher commission rate in comparison to most Affiliate programs out there.
I’m a ShareASale Affiliate. And I can assure you it is the easiest way to find a sponsor for your website plus Get Paid for your great content.
Affiliate Marketing is challenging with so much hard work going on behind the scene to make up the success. I know people that them 3 years to make a living from Affiliate Marketing. It is simply going to take time before you see the sales scale up.
Wish you the best in your Affiliate Marketing journey.
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This post contains affiliate links. Please read my Disclaimer for more information.