Learn how to get started as an affiliate marketer in 2021 in this affiliate marketing step by step guide and see why starting an affiliate marketing business can be a very wise choice.
If you ever search for the best way to generate a good income source, then affiliate marketing will be considered on the top. As with the help of affiliate marketing, you can directly get in touch with online product selling companies like Amazon and others, hence drive sales for them.
At the end of which, you can get a specific amount of commission out of every sale you make.
Affiliate marketing is a popular way to generate online revenue. However, the sad part is most of the people are still struggling with it and are unable to make their first dollar through affiliate marketing.
In case if this is the case with you, then you are at the right place. As here, we will look at the step-by-step guide for affiliate marketing that will focus on specific important corners like what affiliate marketing is, how to get started with it, and what steps you need to focus on to make your first sales through it.
What is Affiliate Marketing?
Affiliate marketing is a revenue-generating process with which a person can earn commissions based on sales derived from the products offered by a person or a company.
Whenever you are doing affiliate work for a company or person, you need to create a website or a landing page to bring traffic to the page and generate sales.
An affiliate marketer would have to carry forward proper keyword and product research to figure out the right products for the right type of audience. Once the products are selected, the next step is to create a landing page to place the products and affiliate links.
Quick fact: The sales records are tracked using the affiliate links placed on a marketers website or landing page.
Still didnt get it?
Heres How Affiliate Marketing Works.
Usually, affiliate marketing is a process of product marketing and sales generation, in which the categories of people involved are Seller, The Affiliate Marketer, and The Consumer.
From the seller, an affiliate marketer would have to pick up the affiliate links. You can create an affiliate marketing id for various platforms such as Amazon. Not only that, one can even get in touch with direct companies to get enrolled in their affiliate program.
Right after getting enrolled in their affiliate program, you need to create a website or a proper landing page that is conversion-friendly so that you can make sales out of it.
There are several factors you need to keep in mind as an affiliate marketer, such as:
- Select a specific niche; you can even go for multiple niches that entirely depends upon your target audience.
- Make sure to have a target audience. Most of the new affiliate marketers start from scratch without having any info about their target audience.
- Use social media platforms for promoting your affiliate links or the direct landing page for enhanced sales.
We have heard several times that the affiliate marketer is responsible for the sales through their affiliate links, but the truth is, it’s the consumer who drives sales. If we can reach our target audience, then the chances of driving sales out of your landing pages increases.
Why Affiliate Marketing Is A Good Option?
The first and most important reason that affiliate marketing is a good source of income is its passive income source. This means you need to fulfill all the requirements once, set up your landing pages, and that’s it.
Your affiliate marketing program will be developed for a lifetime, and hence you would be able to generate revenue. Just make sure that you are updating the SEO and Keywords of your landing pages with the help of which you can continue getting the traffic. If you are unable to do this frequently, then you can outsource SEO to any of agency.
Some other reasons why opting for affiliate marketing is a good option:
- If you are an individual and want to generate a good income source for yourself, then affiliate marketing is the one. Moreover, if you want to handle everything by yourself, this is the perfect option, as you can create your landing pages on your own, get enrolled in an affiliate program, and do all the essential stuff easily.
- It is a work from home option; you won’t have to move out for even a single thing, as you can get everything online easily.
- There are no earning barriers; with the help of affiliate marketing, you can generate as much revenue as possible. It entirely depends upon your efforts.
- You must have noticed that most of the business requires 1000 or more dollars of investments, but affiliate marketing is a cost-effective business idea. You need to invest in a good website or landing page service provider, and that’s it.
Users can get enrolled in any affiliate program free of cost.
- Most of you must have noticed that you put 80 hours of work in your office per week but in the end, get the same salary. Well, this is not the case with affiliate marketing because your revenue will be entirely dependent upon the time you invested in this work.
- With the help of SEO, you can do almost anything; if you know SEO effectively, then reaching your target audience will be extremely easy.
Affiliate Marketers Get Paid Once Someone Click On Their Affiliate Links, Seriously?
Yes, you heard it right. Once a user clicks on your affiliate links and makes a purchase out of your provided links, the affiliate marketer would get a fixed amount of commission from it.
Although there are two ways by which an affiliate marketer can get paid, which are:
- The first method is whenever someone reaches or clicks on your affiliate links. No matter if the person purchases something or not, but the affiliate marketer will get paid.
- The second method is when someone reaches your affiliate links, and the user only gets paid when the person makes sales out of it. In this case, if a person is clicking on your affiliate links and not making a purchase, then you would not be able to get your commission.
Various Types of Affiliate Marketing Channels:
There are several affiliate marketing channels through which affiliate marketers are staying in connection with their audience. Some of those channels are as follows:
- The first affiliate marketing channel is promoting your products or landing pages through influencers. Influencers are the individuals who have a firm grip on your target audience, and they can help your audience make decisions about purchasing the products from you.
- Blogging is an amazing affiliate marketing channel with the help of letting people know about the right products for themselves. You all must have noticed blog posts like “Top 10 Bluetooth speakers” and other such articles; below these blog posts, you get the affiliate links for making the purchase.
In this way, most of the affiliate marketers are generating high-quality results.
- If you want to generate better and more targeted results, then paid search & ads is the option you should be going with. Under this affiliate marketing channel, you would have to create personalized ads for your products and landing pages using Google Adwords.
If you want to promote your social media channels for better sales, you can take advantage of Facebook ads. Under these ads, you can choose your target audience through keywords and hashtags. Hence the reach of your landing page will be improved.
- If you know email marketing, you can create an email list and directly share updates with them. You can directly share information about your products and the affiliate links that will promote them to make a purchase.
- Several large media websites promote your products using media banners on their website. With the help of such websites, you can get better exposure.
By promoting your products and landing pages from such websites, you can improve your conversion rate effectively.
Tips For New Affiliate Marketers:
#1. Track everything
Whenever you are getting started with an affiliate marketing business, make sure you track everything. You should create a proper report for tracking your expenses, such as website development and online ads.
While on the other hand, you should compare it with the commission generated within a specific time limit.
2#. Review products
By reviewing products under your niche, you would be able to know about the products that have higher sales and value. Hence focus on such products mostly.
#3. Know the trends
With trends, everything changes, and every business niche faces this. Make sure you are precisely tracking the trends in your niche and are aware of the products sold in a higher tendency.
Such as, the clothing business niche faces this trend related issue a lot.
Author Bio.: Ravi Kumar is a Co-founder at XplorMedia and head editor at WHRX: With over 5 years of writing obituaries content, Ravi has a uniquely wry voice that shines via in his newest collection. He writes on Digital Marketing, AI, Web Hosting, and Other Technical niches. Connect with him on LinkedIn.