If you’re tired of working 9 to 5, or just having to stay at home for the foreseeable future, you’ll likely find the idea of ??making money online more than appealing. One of the most popular ways to do this today is through affiliate marketing.
If you’ve ever blogged or watched YouTube videos, you’ve probably heard of affiliate links. Simply put, affiliate marketing is when you promote another company’s products. As an affiliate marketer, you find a product that you like, promote it, and then get a cut of the profit from every sale.
What is an affiliate link and how does it work
Each marketing partner receives a unique link from the seller. These links are used to track who is responsible for the sale. The link will have a reference name or number.
When someone clicks on a link, an affiliate cookie is stored on their device. A cookie is a small file that helps the seller identify the affiliate who made the sale. Since the cookie does not expire immediately and is stored on the device for a certain amount of time, as an affiliate, you will receive a commission even if the buyer delays the purchase.
How you get paid
Basically, every time someone clicks on an affiliate link hosted on your platform and buys the product you are promoting, you earn a commission.
How much money you get depends on the affiliate program you are a member of. For example, the ClickBank affiliate program usually offers a commission of over 50%. If you’re promoting a physical product, lucrative commissions start at around $ 40.
How to Become an Affiliate Marketing Affiliate
Basically, you become the company’s online seller when you join the affiliate program. All you need to get started is a platform where you can connect with other people and promote products.
The best part here is that you are not limited to one company or even one type of product. You can promote products or services of different companies and receive commissions from all at the same time.
To become a Marketing Partner, you need to follow this general strategy:
Decide on a platform to promote your products
When it comes to affiliate marketing, most people think of a blog or YouTube. However, to get started, you can choose any social media platform. So if you have a lot of followers on TikTok (for example) – this will be your best bet to start using affiliate links.
Find affiliate programs to participate or products to promote
It will take some time to select the products and services you want to promote. There are several important factors to consider here, such as the amount of commission you are likely to receive and whether you want to be associated with these products and services.
Submit your affiliate links and earn your first commission
Once you find and join affiliate programs that you are happy with, all you have to do is create content and place your affiliate links where needed. When people start buying the products you are promoting, you will receive your first commissions.
What are the Best Affiliate Programs?
Choosing the right affiliate link program to join can be a daunting task as you need to consider several factors.
- What products will you be promoting?
- How difficult is the admission process?
- Do you like the payout structure the program uses?
These are just a few of the questions you need to answer before joining an affiliate program.
To make your choice a little easier, here is a list of some of the best affiliate programs suitable for beginners.
Amazon Associates
If you’re new to affiliate marketing, it might be best to start with Amazon Associates. Since this is the world’s first online affiliate marketing program that still works, you can rest assured that it works and is quite profitable.
It is quite easy to join the program. You will find all step-by-step instructions as you fill out the application on the site. Other benefits of Amazon Associates include a wide range of products, a low payout threshold, and high brand awareness, which means their products will be easier to sell.
On the other hand, commission rates are not the best. So you can look for another affiliate program in addition to this one.
Skimlinks
Skimlinks are also a good choice for newbies. The best thing about this program is the automatic approval process. You just need to fill out an application to get started.
Skimlinks offers a wide variety of products in every popular niche, so you’re sure to find what you need. Plus, you don’t need to apply for each seller separately – you can promote any Skimlinks products as soon as they approve your application.
The biggest drawback here is low fees. However, this is still a good starting point.
ClickBank
If you’re looking for higher commissions, you won’t find a better platform than ClickBank. While it is beginner-friendly and easy to use, the biggest benefit of ClickBank is that you will make more money from fewer sales.
However, this affiliate program is not suitable for those looking to promote non-digital products. ClickBank specializes in e-books, so your content should fall into this category in one way or another.
ShareASale
ShareASale is a great choice for anyone looking to use affiliate links across multiple sites. For example, if you want to advertise products on your blog, Instagram and YouTube channel This platform has an easy-to-use interface and allows you to quickly add affiliate links to multiple websites.
ShareASale offers many different products from which you can choose. The registration process is also free and very simple. The only downside to the platform is the $ 50 payout threshold, which means you won’t be able to withdraw less.
Make money while you sleep
Of all the ways to make money online, such as selling photos or taking online courses, affiliate link marketing is probably the least demanding. While it’s not exactly passive income, it still doesn’t require your time and attention 24/7, and you still make money even when you sleep.
Are you looking to do affiliate marketing? What products would you like to promote? Share your thoughts with us in the comments below.
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