If you want to make money from affiliate marketing. So you're in the right place because this is the only guide you need to start a successful affiliate business.
Affiliate marketing is one of the best income streams that required nothing to start even if you are all totally newbies in this field.
All you need to do is just grab your affiliate link from different affiliate networks and promote them using online platforms and you will get paid whenever someone purchases from your affiliate link.
It means you’ll be able to make money passively by doing just a one-time effort.
So let’s get started with a full affiliate marketing step-by-step guide.
Affiliate Marketing: Basics Explain For Beginners.
Now you are ready to make money with affiliate marketing. But before starting a full affiliate in-depth guide. Let’s start with the basics.
In this section, we’ll discuss the basic concept of affiliate marketing and also who the business model work, and the types of affiliate marketing. Everything you need to know as a beginner.
Let's start with the definition of affiliate marketing.
What Is Affiliate Marketing?
This is a type of business model where you don’t own the product and promote those products as an affiliate and earn a commission whenever someone buys those from your affiliate link. Affiliate marketing is revenue sharing business model.
Let's suppose you like to read books and you join the affiliate program of the book you like. Now you recommend the same book to your friends and family or on social media followers and if anyone of them purchases the book you’ll earn a part of the commission on the price of the book. (very simple)
Affiliate Marketing: Type Of Affiliate Model.
There are multiple types of affiliate marketing. But the main two types of affiliate marketing are- cost per sales & cost per action. Let’s understand both types in detail.
Cost Per Sale Affiliate Marketing
In cost-per-sale affiliate marketing, you earn money when someone makes a purchase or buys something from your affiliate link. It could be anything you promote as an affiliate.
Cost-per-sale is sometimes hard for beginners to make money through this because you have to drive Buyers' traffic to your affiliate link. Because at the end of the day you make money only when someone buys anything from your affiliate link.
Cost Per Action Affiliate Marketing
As compared to CPS(cost-per-sale) this is a lot easier to earn a good amount of money from it. Because you don’t need to sell anything as an affiliate. You earn a small amount of commission whenever your audience completes some simple tasks through your affiliate link.
In CPA affiliate marketing your audience needs to complete tasks like signup for a free trial, complete simple surveys, and download apps and you’ll get paid for that.
Now I think you understand the basic concept of affiliate marketing models. Let’s jump into the next section where we discuss the types of products you promote as an affiliate.
Affiliate Marketing: Types Of Product
There are lots of products you promote as an affiliate. It depends on you and what you like to promote. You can promote anything as an affiliate for example - paid software, paid membership, or physical product.
Let’s define the types of affiliate products in detail. So you’ll be able to understand this all stuff in-deep.
Physical Products
If you want to promote the physical product as an affiliate because the competition is pretty much low in selling physical as compared to software or digital product.
When I start affiliate marketing I choose physical products to promote as an affiliate. But nowadays I promote digital products and software because the commission is very low for the physical product as compared to digital.
If you want to start promoting physical products. Here is how you select the physical products for affiliate marketing.
- Go Some Big eCommerce Site Like Amazon, eBay, Walmart & Alibaba
- Select Product Related To Your Niches
- Grab Your Product Affiliate Link By Joining Their Affiliate Program.
Digital Products
Digital product is any valuable product in electronic form that is available and deliverable online. You can’t touch, hold and taste digital products but you consume them.
For example, you enjoy watching and playing videos on the internet but you cannot touch and taste the videos.
You can promote digital products as an affiliate and these are in the form of Downloadable or stream digital files.
Promoting digital products as an affiliate is more difficult as compared to physical products because the competition in the digital product field is very high.
Some of the Digital products you promote as an affiliate are :
- Online Courses
- Digital Downloads- eBooks and Templates
- Arts & Music
- Digital Asset
Softwares & OnlineService
Software & online service is a digital products in my opinion because they are also deliverable online and we can’t touch and taste them as the same digital products.
When it comes to making a large profit through affiliate marketing as an affiliate you must have to focus on software or services because the businesses pay you a high commission as compared to others.
Yes, it depends on you whether you want to promote physical, digital products, and software or online services.
Later on in this article, we all discuss how you find affiliate programs and affiliate networks to promote the product you want.
Affiliate Marketing: Best Profitable Niches For Affiliate
In this section, we discuss which niches are best for a newbie affiliate marketer to start and also we cover how you can work on multiple niches at the same time.
When it comes to finding profitable niches for newbie affiliates is hard because they don’t have any knowledge and experience about it. Here is a list of the most profitable niches for affiliates.
- Technology (software and digital products)
- Wealth building and Personal Finance
- Health and Fitness
- Pet Products
- Fashion Beauty
These are some most profitable niches that big and small affiliates use to make money. And if you’re new and don’t understand which one is best for you, Then I recommend you go with Technology and Wealth or Personal finance.
Now, most of you think that” Can I Do Multiple Niches Marketing At Same Time?”
No, start with one niche that expands it when you get success in your first niches. If you do all things at one time you never get any result.
Affiliate Marketing: How To Find Affiliate Programs.
The best way to find affiliate programs is through Google. Yes, you can find tons of affiliate programs through Google. Just search for anything related to your niches. Suppose I select Health and Fitness then I search this keyword to find an affiliate program- “Best Affiliate Program For Health and fitness.
There are other ways also to find affiliate programs are Affiliate networks. Some of the Top Affiliate networks are-
- Amazon Associates
- eBay Partner Network.
- Commission Junction (CJ)
- Impact
- Clickbank
- Digistore24
- Warriorplus
- JVZoo
Affiliate Marketing: Best Traffic Source.
When comes to making money using affiliate marketing it all depends on your traffic. If you have some quality traffic then no one can stop you to get success in affiliate marketing.
But if you don’t have any traffic then first build your audience and then do affiliate marketing because without an audience you never get a single sale on your affiliate product.
There are thousands of people who start affiliate marketing who think that they get sales from the day first and at the end of the month they make over $100k easily. But the truth is that I earn my first $600 by working 5 months.
The reason you fail is that you focus on making money instead of building a real audience on your social media or blog.
It took me over 5 months to build 9,000 real followers using social media and then build an audience I promote software on the 20th of 5 months and in just 10 days I made over $600.
Yes, I made $600 in 10 days but to make it possible I’m working on it for 5 months without any distractions or wasting any time watching useless content on youtube.
So first build an audience, give them first value by providing anything like video content and blog and anything that trust and build a relationship with them.
Here are some platforms that I use to build traffic and do affiliate marketing.
- YouTube
- Quora
- Own Website (Blogs)
- TikTok
- Google Ads
- Facebook Ads
I use both free and paid methods to get traffic and sales to my affiliate link. If you have some money then you start spending those on Facebook or Google Ads.
But I know most of you are not have that much money or do not want to spend money on Ads so you can start FREE methods also. When I started affiliate marketing I have no money that’s why it took me over 5 months to get results.
But nowadays I earned more than $12,000 per month using FREE traffic. The free method takes time and hard work but you can see the result is massive in the Free method.
In my opinion, if you just started then don’t spend money on ads. First, try the Free method then if you can generate some money then start trying ads.
I think you understand the difference between Free and Paid traffic sources.
Affiliate Marketing: How To Get Free Traffic.
As I said before if you just started affiliate marketing then try free traffic. So In this section, we gonna discuss how you warm up your social media to get free traffic to your affiliate link.
So first of all, grab a pen and copy then write down every single social media name. Then figure out which one is best and better for promoting affiliate products. After that choose any 3 platforms to start with.
Here are the Super best Social Media platforms that I use for promoting an affiliate product.
- YouTube.
- Tiktok
- Quora
Affiliate Marketing: Social Media Affiliate Setup
In this section, I’m sharing with you the exact formula that I use to build traffic using multiple social media. Now after choosing any 3 social platforms it’s time to create a new account on each social media you choose according to the niches you select.
Create 2 Sheets, first is all about the content and posts you publish for the next 3 months, and On the second sheet create affiliate products promoting schedules after completing 3 months.
In the first 3 months, your total focus is on building an audience or followers on social media. And after 3 months your goal is to post 50% content and 50% affiliate promotion posts.
And at the end of the 6 months, you will see a massive result that you never imagined before.
Yes, it takes time and effort to create a full 6-month schedule but This exact strategy makes me successful in anything whether it is affiliate marketing youtube or blogging.
And I see that 90% of affiliate marketers teach you that you can make $1,000 to $10,000 per month without any followers and audience. And all this is wrong.
When I started affiliate marketing I watched thousands of videos but no one tells me the secret that they use to make money. I’m here only to share the thing that I do and I’m also sharing how I do this Because I thought that helping people and building friendships is way more than charging money for sharing knowledge.
So friends if you follow this exact 6 months strategy then you see the result.
Affiliate Marketing: Re-invest Profits Strategy.
In this last section, we gonna discuss why we should re-invest profits in ads and paid software.
The reason most affiliates earn money but expand is only that they never invest their earned money on Ads that help them to get more sales and they never spend money on software that helps them to automate and make their work easy.
If you do these two things after making some money from affiliate marketing this helps you to boost your earnings 10x. When I earn my first $600 I spend that money on Ads to earn more profits for them and exactly I made $900 from the ads. That means money makes money so if you earn then try to re-invest to make more money.
Conclusion.
The first lesson to take from this article is that Building an audience is first then starting affiliate marketing.
Whenever you are trying to do hard work for the next 6 months remember never to think that it is hard, always think about the success you get after this hard work.
Never share affiliate links in the first 3 months. And also never share affiliate links directly on social media. Share those links using your Blog posts, and Youtube videos.
After all, the process has been done, re-invest the money you earn on Ads and software to earn more money.
By the way, don’t forget to show me your love by sharing your opinion in Comment Box “How much did the course help you?”
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Affiliate Marketing
