Want to know how to make money online? Looking for passive income ideas? Here it the perfect place to get you started. Affiliate marketing will help you earn money while you sleep without lots of effort and few risks. You can do this side hustle at home wherever you are in the world and at the time of your convenience. But first off, what is even affiliate marketing?
WHAT IS AFFILIATE MARKETING?
Affiliate marketing is a type of advertising which third-party publishers (named affiliates) promote a company’s products or services, compensated with a commission by the enterprise. Affiliate marketing helps to increase the brand awareness. It also bring more credibility to the brand as the affiliate is endorsing the product. As a result, it brings more traffic to the company’s website, and allows to generate a higher conversion rate, if the affiliate marketing program is successful. Lastly and most importantly, as an affiliate, you will earn a part of the company’s profit for your contribution to the sales. And the more you’ll contribute to sell the items, the more you’ll earn. Finally, the best part in affiliate marketing is that you are choosing the product or service you’d love to endorse!
HOW TO START AFFILIATE MARKETING?
STEP 1: CHOOSE YOUR NICHE
Before even earning your first dollar online, you need to define your business model. What are you offering? Who do you want to target with your content? These questions are important to have a clear long-term vision of what you are doing. For the affiliate marketing program, it’ll be crucial for you to promote the right products that are genuine to your content and you! So ask yourself these questions first.
STEP 2: SELECT YOUR MEDIA
Once you’ve chosen your niche, now is the time to choose the platform you’d like to be on. Are you more video? Start a channel on YouTube! You prefer photography? Choose Instagram! Or are you more writing? Start a blog! You can also adopt Facebook, TikTok, Pinterest or any other social network of your choice. In addition, keep in mind to select the platform that makes most sense to your offering.
STEP 3: FIND AFFILIATE MARKETING PROGRAMS
Now that you decided what will be your offering, your audience and your platform, you can now search for affiliate marketing programs that sell products you’d like to promote. It is important you chose which products or services to endorse with care. They should reflect your offering to maximize your chance to sell the most of the products in an authentic and sincere way. You should also recommend products you are familiar with and from a diversity of providers. Besides, try to stay within the current trends. Finally, it is also the step where you should decide which commission rate you are looking for.
STEP 4: CREATE YOUR CONTENT
Last step is where you shine! Create your content and post it on the platform of your choice. It needs to be of high-quality for the affiliate marketing to go on the right direction. Then grow your audience. The best way to make it grow is to make your content personal and authentic to you. Even if you don’t see results right away, continue to strive. Keep faith and give it your best shot! The results will come with time.
Thank you for reading my article on ‘how to make money online with affiliate marketing’ and good luck in your journey with affiliate marketing!