Affiliate marketing is a term that most people including me have had a very big misconception about and this misconception has created a stumbling to most people while it prevents others from venturing into online business just like it did to me until I found a breakthrough few month ago.
In the next few paragraphs, we will be discussing in details what it truly means to be an affiliate or to start affiliate marketing with so steps that helped me start mine.
WHAT IS AFFILIATE MARKETING
Affiliate marketing is a marketing arrangement by which an online retailer pays commission to an external website for traffic or sales generated from its referrals.
Affiliate marketing is one of the most popular ways people make money online and for some it can be a passive income once established. It is a strategy where an individual partners with a business in order to make a commission by referring readers or visitors to a business’s particular product or service. But that really is quite a simple explanation. To be really successful at making money with affiliate marketing there is a little more to it.
In the case of blogging, a blogger will become an affiliate of a selected company and make money from being an affiliate by placing a link, button or banner within a blog post that will lead the readers to that affiliate products or services.
A good blogger and affiliate will utilize a number of different marketing channels to promote content.
Who Is Affiliate Marketing For. At What Cost.
Affiliate marketing is for anyone who wishes to earn extra income online to improve your standard of living and make a difference in the online world.
If you can spend up to 1 or 2 hours per day on your social media platform then you can as well invest those hours into affiliate marketing since it entails promoting a product and getting buyers to a website.
Affiliate programs are completely free to join though in some very rare cases, an affiliate program will charge a small, insignificant fee in order to prevent fraudulent affiliates (and verify that you are real), but its is quite unusual.
Affiliate programs should be free and shouldn’t cost money to join, but if one is charging you to be able to promote their products/services, chances are they are not an affiliate program they are likely a scam, or something completely different from affiliate program.
So the awesome part about affiliate programs is that they are completely free to join and as an affiliate, you can promote pretty much every brand/product/service you can imagine and earn a commission for doing so. There are over 500 MILLION products and services that you can promote as an affiliate and earn commissions doing so.
Things to Avoid with Affiliate Marketing
With affiliate marketing it is best to approach content creation like you are trying to explain something to a friend or family member. Don’t write like a salesperson when featuring a product or service from a company you are an affiliate of or change the tone your readers are used to.
Yes, you are in fact selling something, but your blog doesn’t suddenly have to turn into a commercial or take on a voice that may be off-putting to your readers. Often, bloggers will talk about how the product or service was beneficial to them while it relates to the blog’s topic.
Another thing to avoid would be to display a banner or button in the post in a way that doesn’t make sense or that doesn’t seem to relate to the post. Give some sort of introduction to the product or a lead that particularly relates to the service so that its appearance on your blog will flow seamlessly.
The Affiliate Opportunity & How to Get Paid
All affiliate programs/networks pay different. They all have different pay schedules but mostly, an affiliate company offers multiple forms of payment for its affiliates to choose from.
It is also very typical for your payment to be centralized in US Dollars. It is becoming a standard within the online world to pay affiliates in US dollars, but some companies certainly will pay you in your own currency and many payment gateways will do the conversion for you from USD to your country currency (like PayPal)
These may include:
- Cheque Payment
- Bank Wire
As an example, the Wealthy Affiliate program (which I promote) pays primarily through PayPal, but also offer cheque payment in addition to those and if someone meets a certain payment threshold they can offer bank wire payments.
Affiliate programs don’t make it difficult to get paid, if they did, no affiliate in the right mind would promote the given program.
Where Can I Run an Affiliate Business?
Have you decided to get started within the affiliate marketing world, but you are not sure where to go. It is tough these days with the influx of programs and education that are claiming to be best. The problem with many of the services out there is the fact that they are not actually even “affiliate marketing”.
Where do you start your research?
Well I am going to speed up your research drastically because like I mentioned earlier, I found my breakthrough in the online world few months ago and I want to help you avoid the mistake of promoting any of the numerous scam products out there making promises they end up not fulfilling.
There is an elite platform in the affiliate marketing space, which I happen to dis cove about six months ago called Wealthy Affiliate. It is where the “who’s who” of the affiliate space not only hang out, but where they managed their respective businesses.
Wealthy Affiliate is a platform that you must have if you plan on learning affiliate marketing, and also if you want an environment where you can get all the tools, websites, hosting, training, coaching and interactive support to create and grow a business within the affiliate marketing world.
There are two membership options, a completely free Starter membership (free to try) and a cost-efficient, more advanced Premium option (as low as $29 per month). I recommend that you get rolling on the Starter membership with I did before going premium, as I will also recommend that you “try” a service before you consider ever purchasing anything.
Within the first few lessons you are going to have your own affiliate coach, chosen a direction for your business, your own affiliate website (with hosting), and access to training that will truly take you from a beginner to an affiliate marketing expert.
You can also check out my full review on the Wealthy Affiliate program below for a detailed information on the program
I would recommend you check this out if you get the opportunity.
If you have any questions about ANY aspect affiliate marketing, I am more than happy to share my knowledge and help with you. Feel free to leave any questions below and I will be sure to get back to you right away.
Please follow and like us: