In this digital world making money is easy. Some might disagree with my statement because they actually don’t know the way it’s done. Yes, I am referring to Affiliate Marketing here.
Affiliate Marketing has really made it very easy for the ones who really want to earn handsomely online. But due to the lack of knowledge, many try it but due to their lack of patience, they leave it midway and speak ill about this amazing money-making technique.
So here I will be discussing some of the basic fundas regarding Affiliate Marketing. Along with that, I will also be explaining how one can easily start their journey in Affiliate Marketing. So if you really want to earn extra income then please read this guide as to how you can also start affiliate marketing in your free time.
Without much waiting, let’s dive into the world of Affiliate marketing.
What is Affiliate Marketing?
Affiliate marketing is one kind of marketing where people sell others’ products or services and in return, they get some commission out of it. Here, those people who are recommending other’s products and services are called ‘Affiliates’.
Again for recommending products or referring products to others they use various kinds of channels like blogs, websites, social media platforms, and others. And whenever someone purchases any promoted products through those links, the affiliates get a commission out of that sale. The more the sale, the larger will be the commission amount as well.
I think it’s an easy way to earn online because here you don’t have to make a product or service but rather you just need to promote these to others. But I recommend you to promote those products and services only which you have used yourself first otherwise there will be trust issues later.
How to Start Affiliate Marketing
If you have also made up your mind to start affiliate marketing then you need to know the basics of it. You might also know that there are a huge number of affiliate programs already running out there. But you need to choose the best for you based on the product and services which you are promoting.
Here I will be explaining how you can start Affiliate marketing easily.
Step 1: First choose the niche or product category you wish to promote
In the beginning, choosing the category is really tiresome as there are so many competitive niches out there. So you need to choose such a category about which you have some knowledge. It shouldn’t be completely foreign to you.
As afterwards, you need to write articles about the category and its products. So choose wisely the product category you wish to promote. Again you should be answerable when someone asks you something about those products. As it happens usually, where the buyer wants to clarify all his doubts before purchasing any designated product.
Also don’t choose any highly competitive niche, because it will create more competition for you later. And a highly competitive niche will not yield results quickly. Along with that pay some attention to the amount of commission you will be getting upon the sale. So do your research wisely before finalizing one.
Step 2: Make an online presence through building a Blog or Website
Once you have chosen the product category, you need to have a platform to promote the products there. And based on my knowledge a professional blog or website works like wonders.
Creating a blog is very easy nowadays. All you need is a domain name and a good hosting plan. And once you host your website, you are good to go. Designing, Integrating and Optimizing the website comes later.
Speaking about Hosting, I would recommend you to use Hostgator India’s hosting service if your traffic is from India primarily. As they have a wide variety of plans to choose from and again their support is the best in the industry.
If you wish to know as to how to purchase hosting from Hostgator then you can refer to this article here.
And you can find tons of videos online where the creators are explaining the steps in detail as to how you design and optimize your site easily.
I would recommend you choose WordPress as the CMS, as it is easy to build a website over it and non-tech people can also easily make a website without the need for any coding knowledge.
Step 3: Sign up for an Affiliate Program
Once you are done with choosing a domain name and hosting for your site and building one. Now you have to choose an affiliate program for those products which you are promoting.
A good Affiliate Program is very much needed, one that will pay good commission and has a wide variety of products to choose from. On top of that, the affiliate program must be accessible in your country and also verify the mode of payment which will be easily accessible either.
There are so many popular affiliate marketing networks out there. You need to look for all the requirements before finalizing one since your hard work depends upon it.
Here I would like to introduce one such quite popular Affiliate Program, i.e Hostgator Affiliate Program. It is one of the most popular Affiliate Programs if you are into Hosting Services. Again the amount of commission provided by Hostgator is incredible. You can check out the link above to gather more information regarding the same and start earning handsomely.
Note: don’t opt for new affiliates that provide huge commissions for a sale, rather choose an old and popular one. As greater is not always good.
Step 4: Selection of the Product
Once you have chosen the category, it’s time to choose the products which you will be promoting in your blog. For that, you need to do complete research of your own.
Here you have to find the best performing products, products having good commission and products with good reviews. Don’t promote products you don’t believe in just because they are having a good commission.
You can do competitors’ analysis here as to what kind of products are listed and chosen by them. It will provide you some good insight into the needs of the people and what is working well. Always choose those products which are much admired by the buyers in the past and also performing well now.
Step 5: Create in-depth Content About the Product
Now comes the actual part of Affiliate Marketing i.e writing the content for selling the products. Here the main aim should be to compel the audience to purchase the products rather than providing only information.
Here let’s discuss some types of content which really works best for affiliate marketing.
(i) The ‘How to’ Articles:
These articles are actually tutorials. These articles provide the way you can use the listed products for your daily use. Again these provide a great value to the readers as to how they can use the products to its optimum level.
(ii) Comparison Blogs:
These articles, like the name, says are actually pure comparison. You need to be unbiased while writing these articles and provide all the things like features, pros, and cons of those two products you are comparing.
These types of articles are mostly appreciated by the buyers who are really into purchasing one.
(iii) Product Review Articles:
Like a genuine review, these review articles provide a detailed insight into the products the buyers are planning to purchase. Again please write the reviews only after using them personally, as the reviews very much among different reviewers.
(iv) Discount Articles:
If some kind of offers or discounts are going on for those products which you are promoting then you can use these Discount articles to catch the attention of the readers. As often people tend to purchase those products which are having the maximum discount as they feel they might miss the opportunity once gone. Also, they are often considered value for their money.
(v) Product Listicles:
Product Listicles are also quite popular because at a place the reader is getting a lot of information about the wide variety of products. It helps them to check them individually without going to any other website or blog.
Benefits of Affiliate Marketing
Affiliate Marketing has a lot of benefits, so let’s discuss some of them here :
(i) Here you don’t have to make any product, rather you are earning just by promoting others’ products.
(ii) The selling of the product is your only concern here. The rest of the process like storage, packaging and delivery is done by the seller itself.
(iii) There is no investment in affiliate marketing at all, still, you can earn handsomely from here.
(iv) With very little hard work, you can easily earn passively here. However, in the beginning, you have to pay some more attention and your project will run in auto-pilot mode afterwards.
(v) This additional revenue stream will make you financially independent.
(vi) A non-technical person can also easily learn it himself and begin generating income out of his learning. No need to learn to code.
Like I said before making money online is really easy but for that, you need to have the proper knowledge, full dedication, and a lot of patience. The same goes for Affiliate Marketing as well. If you have fully read the article “How to start affiliate marketing” then you can easily make it your secondary source of income if done systematically.
Again in comparison to other online-based businesses or work, I think affiliate marketing generates more income and can be done by anybody. You just have to promote other relevant products to your audience and get a good commission out of that.
At the beginning like everything, it might appear a difficult job because it takes time to generate sales. But with time, you will gain more knowledge and implementing your learnings will surely lead you to the path of your financial freedom.
To know more about how to market and grow your business, read more from our Marketing Blogs Category.