Overview Of Affiliate Marketing – The #1 Way To Make Money Online!
Info About Affiliate Marketing
The #1 Way To Make Money Online!
What Is Affiliate Marketing? Overview Of Affiliate Marketing
This is an overview of affiliate marketing, known as performance based marketing. It is all about earning a commission by promoting someone else’s product or service.
Through affiliate marketing, you can generate sales without having to spend money upfront.
There’s thousands of companies, online and also offline, that offer affiliate programs for their products or services where they will pay you a commission for every sale that you generate for them.
The Affiliate Link
Affiliate programs provide you with your own unique “affiliate link”, which is what you will use to promote a product or service with. An affiliate link is what allows you and the company to track sales that you’ve generated.
Most affiliate links track for up to 30 days by placing a “cookie” on the persons computer when they click your link. Through this cookie, they can see who generated the sale for them and pay the commission.
Affiliate marketing was first launched in 1989 and patented in 1996. In the world where we live in today, with the internet technology, most businesses sell online.
There are millions of businesses selling their products or services online through their online stores or websites. As an affiliate marketer you can join their affiliate program for free.
You can promote their products or services, and because of the technology today, they can track everything through your affiliate link. It is very accurate and all automated.
When someone clicks on your link, and buy the product, you automatically get your commission. Affiliate marketing is one of the best and easiest ways to make money online.
Affiliate marketing is a win-win-win situation. It’s a win for you because you earned a commission or profit.
It’s a win for the company because they can have more sales from customers that they might not have been able to acquire normally.
It’s a win for the customer because they learned about a new product that they will now benefit from, which will hopefully fulfill their need or desire.
Why Every Top Internet Marketer Does Affiliate Marketing (and why you should too!)
Affiliate marketing is one of the best ways of making money online. It is my favorite and also the easiest way to make money online. You can make money on auto-pilot, even when you sleep.
You only need to put your unique affiliate link on your website or blog, and you can make money. It is even possible to get started without a website.
Why Should You Do Affiliate Marketing?
✓ You don’t have to invest time to create a product or service.
✓ You don’t have to come up with the idea or be the expert or authority.
✓ You don’t have to create the sales funnel or marketing materials.
✓ You don’t have to deal with product delivery, shipping, handling, or customer support.
✓ You don’t have to handle refunds, or keeping the product up-to-date.
✓ Very low start up cost ($10/year for a domain, $5/month for hosting).
Many companies provide affiliate resources for you, such as banners, graphics, e-mail swipes, social media swipes and content that you can use to make it easy to promote their product or service.
The best thing to do is to separate from the rest and create your own marketing materials. You can also give something extra like a bonus to create more sales.
1. The affiliate or reseller
The first party involved is the affiliate or reseller, that is you. You are the one who will connect the potential customer to the product or service from the seller.
It’s your job to create the sales funnel, including the ads, landing pages, also know as squeeze page or sign up page, and additional products, like banners, videos, and more.
These marketing materials are needed to persuade a potential customer into making the initial purchase or to sign up for your newsletter.
You have to find products to promote, find potential customers, create marketing materials, and optimize everything to make it profitable.
2. The Affiliate Network
An affiliate network is a marketplace where you can find offers to promote. An offer is a product or service that companies are trying to sell.
On an affiliate network you can find hundreds to thousands of offers you can promote. Every affiliate network will have a variety of subjects, such as
and hundreds more.
3. The Advertiser
This is the person or company who owns the offer. While every company has a marketing team, affiliate marketing is a low risk way for them to get more sales.
The owner of the product only have to pay the affiliate when a sale is made through his affiliate link.
4. The Traffic Source
Traffic is where your potential customers come from. You build a website where you advertise the products. To sell the products, you need to get visitors to your website.
This traffic can be free organic traffic that comes from the search engine, or comes from paid advertising, such as pay-per-click or Adwords.
5. The Customer
This is the person who will buy the product or service that you promote as an affiliate. It is your job to persuade the potential customer to buy the product.
You do this buy telling them why they need the product, and how that product will benefit them. In other words, you tell them how it will make their life better.
The Technical Part
For each offer from the affiliate network, you’ll get a unique tracking link. With the technology these days, they can track everything through your affiliate link.
It is very accurate and all automated. If anyone makes a purchase through your link, you will get paid your commission.
My 4-Step Affiliate Marketing Blueprint
Step 1: Choose a profitable niche
Every business is build around a niche. You have to make sure the product is in high demand. And you have to make sure there’s potential for profitability. You want to build a niche around an interest or passion.
And there are many more. They are all free to join. You can easily find affiliate programs just by searching in Google for the product name + affiliate program, as many companies have their own private affiliate programs.
1. Make sure the products you promote are quality and relevant to your audience. You need to put other peoples needs above your own – the long term relationship is more valuable than the short-term money.
2. Cultivate a relationship with your subscribers, You can develop trust and relationship through continuously adding value.
3. Create an autoresponder e-mail funnel to automate your affiliate marketing process and create passive income.
4. Add bonuses to your affiliate offers, which will radically increase the amount of money you make.
5. Always be honest and ethical in your marketing. Build trust!
Step 2: Create Branding
Create an attractive, compelling and memorable name for your brand. Make sure you can own the .com domain and not violating trademarks. Create an attractive logo that will represent your brand.
Step 3: Marketing
Utilize all the different marketing platforms to the product you promote. Don’t go for one platform only; if something happens, your income could disappear. Always make sure you have more than one income stream.
Step 4: Promoting
What is the best way to market online?
Content marketing, because content is still king. The internet is made up of content: articles, such as blogging and e-books; images, think of Facebook, Instagram and Pinterest; videos: YouTube, Facebook, Instagram, Live streaming; and audio: podcasting, and MP3.
Content must be quality and be relevant to what your niche is most interested in. Content must also be unique, as Google will penalize websites for having duplicate content.
Create content around keywords that your audience is searching for, for SEO purposes. This will get your content to rank in the search engine, so that visitors can find it.
The Money Is In The List
Building a list is very important. Every subscriber is worth money to you. A huge list can make you a lot of money. A list is something you own, and it is the #1 way you communicate with people.
To build your list, you should give away something for free, but it must be something of value. Think of an ebook or a video; as long as it is useful for your readers, they might subscribe to be on your list.
Not everyone is going to buy what you promote as an affiliate marketer. Once they are on your list, you can promote other products to your subscribers they might be interested in.
Email marketing is powerful, something you have more control over than other platforms. It is a consistent way of reaching people. You can send emails using an auto responder with pre-written messages.
Don’t Trust Gurus!
It can be overwhelming to learn affiliate marketing. Some people try to reinvent the wheel, doing everything their own way. That is the hard way and they lose months, if not years.
Many so called “gurus” will tell you how it is done, only to sell you their products. These products can be outdated or even contain wrong information.
As a newbie on the internet, you don’t know for sure if the information is correct. The internet is constantly changing and you could buy an outdated product or scam product.
Of course, the unethical “gurus” don’t care, they are supposed to tell you the secrets, but are only interested to get your money.
This website will take you from knowing nothing about affiliate marketing, to a profitable affiliate marketer. The information on this website is free and will save you lots of time, money, and frustration.
You don’t have to make the affiliate mistakes I made when I first started out in affiliate marketing. You can profit from my 15 years marketing experience.
Thanks for taking the time to read this overview of affiliate marketing. If you still have questions, leave them in the comment section below.