Affiliate marketing is a newer business model that’s emerged out of the global shift to ecommerce and online shopping.
Here’s how it works:
You sign up as an affiliate with a vendor, like Amazon, REI, Target or Best Buy, and you get a
personalized affiliate link that tracks every visitor you send to the vendor.
If the visitor makes a purchase after clicking on your link, you earn a commission.
Depending on the product and the vendor, you can earn from 1% - 75%+
For physical products you will usually earn from 3% to 12% commissions.
For digital products or software you will usually earn 25% - 50% commissions.
Affiliate marketing is great for beginner marketers because it allows you to sell other people's products without having to build everything yourself...
For example, you don’t have to:
● Buy, inventory and ship physical items
● Create products or write sales copy.
● Respond to customer support inquiries
● Manage transactions, refunds, etc
Your job is to attract the right audience and help them find the right product for their needs...
The easiest way to get started in affiliate marketing is to choose a low competition niche and start blogging.
Why does affiliate marketing with a blog work so well?
Millions of people are searching Google everyday for things like:
● best blender under $100
● What’s the best camera for pet photography
● best ping pong paddle for beginners
● What’s the most secure case for my ipad pro
These googlers are looking for help choosing a specific product to buy, right now. This is why they are not just searching Amazon or Walmart.
They don’t know which one is right for them.
And this is where the opportunity resides!
When people searching for this guidance find your post that answers their question and helps them make a smart decision...
Guess what happens?
They click on your affiliate link, complete their purchase, and you earn a commission.
Simple enough, but HOW do you actually build a successful affiliate marketing site that makes money?
The devil is in the details, for sure.
In short, you find what topics and products your audience is searching for.
You research the best options for them and write an amazingly-helpful post.
Rinse & repeat.
For most people, publishing 2-3 blog posts per week is a great target for the amount of effort it takes.
One additional benefit in starting an affiliate blog...
That same blog and brand can grow into the 3 additional recommended ways to make money online, below.
Said another way...
You can start with an affiliate marketing blog and as it grows you actually open yourself up to 3 additional streams of income from that 1 website.
Build it once and generate multiple streams of income.
hahaha. Love this forum.
