What is Affiliate Marketing and how does it work?
Affiliate marketing in simple terms means finding a good quality product or services you like, promoting it, making a sale and getting paid a certain percentage of profit by the owner of the product or services.
The Percentage of the profit you will get paid per sale is called affiliate commission.
In affiliate marketing you don’t need to own the product so it requires little to no capital because all you just need to do is to promote the products/program and get paid commission.
Affiliate commission can be 100%, 50% etc.
There is not limit to the amount of money you can make online with affiliate programs but the task is how to know genuine affiliate marketing programs.
How To Start Affiliate Marketing
Starting affiliate marketing as a beginner is quite easy since it requires little or not capital but for professional affiliate marketers it’s a career because that is what they do daily and to put food on their tables.
1. Find a profitable Niche
The first step to starting affiliate marketing is finding a niche. Just the way two people can not like exactly the same kind of food, you have to know what type of food you like best and know everything about that food. How to prepare it, where to buy the raw food stuff, the recipe etc That is just an analogy for you on what Niche means. Having a great deal of interest in a particular Niche will make it easier for you to be able to select good affiliate product in that niche and be able to recommend it to others and make affiliate commission.
Some of the different Affiliate Niches includes make money online, weight loss, sport betting, network marketing, technology, seo etc
2. Build your Audience.
Before you start promoting Affiliate offers it will better if you can build a kind of audience prior to promoting your offers. This is the most important step for beginners in affiliate marketing because if you don’t have any audience, not many people are going to find out the product you are promoting meaning you won’t be making much sales.
The easiest way to build audience is by having large followers on social medias like Facebook, twitter, Instagram, Youtube etc. You can also start a blog or a website, Youtube Channel, Facebook Page etc and build your traffic and audience.
3. Finding A Product To Promote.
After getting the first and second steps correctly, the next step for beginners to make money with affiliate marketing is to select a good product. Selecting a good product is very important to your success as an affiliate marketer. If you select a wrong affiliate product you might not a make any money at all.
Some of the major websites like Jumia, Amazon, Clickbank etc. allows for affiliate marketing. You can register with them or any other company and pick a product to promote.
4. Promote, Promote, Promote.
The last step is for you to start promoting once you have found your top paying affiliate program.
You joined the top paying affiliate program, get your referral link or affiliate link through which each sale can be tracked back to you, promote, make sale and get paid affiliate commission. Promoting your affiliate link should be easier if you have built your audience already or you have a good marketing plan for paid advertising.
Affiliate marketing will involve you doing all these fours steps over and over again. That is how to making money with Affiliate marketing as a newbie works.