Why you need to start an affiliate marketing business today, and why are hundreds and thousands of entrepreneurs setting up online businesses? There are several reasons for this phenomenal trend. Foremost among the reasons is that the Internet opens up more straightforward access to a wider market. In fact, the whole world becomes the market of online business.
This article is for beginners who want to start making money online through the affiliate marketing business method. Let's define first what affiliate marketing is and how it works.
What is affiliate marketing, and how you can do your business online?
Affiliate marketing is promoting other people's products. When an action is made, let's say that someone purchases a product through affiliate links. Whether it's a physical or digital product, the affiliate will get a commission. Simple as that.
Look at this banner of Fiverr, and This is one of my affiliate links. So, whenever someone clicks on my banner links, they will redirect to the Fiverr website, and once they purchase any services on Fiverr, I will get paid a commission.
What's best about the affiliate marketing business is that even if you don't make a sale, you can still make money. You will ask me how you can make money without making a sale? The answer is, affiliate marketing has many types. The most common is CPC, CPM, and CPA, etc.
How to start an affiliate marketing business?
So, how will you start your affiliate marketing journey? Firstly, Apply to an affiliate marketing program.
Today, the affiliate marketing business is now a major part of setting up online businesses. Such programs have attracted entrepreneurs and people in the industry and ordinary people looking into having their own online business and making money on the internet. Affiliate marketing has become the entry point of many new businessmen.
One of the most common and largest affiliates marketing globally is the amazon affiliates program or amazon associates. Affiliate marketing on amazon started way back in 1996.
But today, Many companies have affiliate programs, and here is the list of my favorite affiliate marketing websites:
List of Affiliate Marketing Websites
- Amazon associates
- Digistore 24
- JV Zoo
- CJ Affiliates
Those are some affiliates network that I'm promoting. Visit and join the affiliates program related to your niche.
Secondly, You need to build your own website for your affiliate marketing business. Why? Because your website will be your base on creating content, Similarly, Driving your traffic and visitors to your page. Aside from that, it is a sign of the affiliate program you want to join that you are serious about your affiliate marketing business.
Essentially, affiliate marketing is a business relationship between the affiliate and the merchant, who is the owner of an online company selling the product.
If you want to learn how to create a website from scratch, check out How to quickly build your website.
Finally, After you build your website, you can start marketing your affiliate business. What I mean by that is start promoting your affiliate links. Here's how:
Start marketing your affiliates' business.
The number one key is to create quality content! Whatever your niche is about, create content related to products you want to promote.
That is why affiliate marketing is a win-win situation between the merchants(owner of the products) and the affiliates(which is you).
Upon entering the affiliate marketing program, the merchant is actually reducing the cost of advertising his products. He need not advertise because the affiliates are going to do this part of the business.
On the other hand, the affiliates will be willing and eager to promote and advertise the merchants' products without the hassle of taking orders or the demand of delivering the products on time, or the pressure of keeping the customers happy. The affiliates have already specialized in one small business aspect and can still become part of another online business.
Apart from creating content, Social media is one of the best ways to promote your affiliate links. You can promote it for free, and you can advertise it by paying for social ads, and they will promote your affiliate's link.
Where to Promote your Affiliate Links
- Post on social media
- Good Seo
- E-mail marketing
- Engage in Quora
- Create Youtube channel
Here is an article you can check to the essential guide on How to drive traffic to your website
Once your website getting more traffic, promoting your affiliate links is so much easy.
Benefits of Affiliate marketing business to merchants and the affiliates marketer
#1. The merchant need not worry about wages for the affiliates because he is not obligated to pay salaries. He should pay for the affiliate commissions that will be computed depending on the agreed compensation package or the commission per action.
#2. One package is called pay-per-click. The affiliate is paid when a visitor clicks on the merchant's banner or other affiliated products' marketing materials. Another box is pay-per-lead, in which the visitor has subscribed and has provided names of potential clients. And the third package is the pay-per-sale, in which the visitor purchases a product.
#3. A certain amount of income does not limit the affiliate. There will be no minimum nor maximum sales for the affiliate. The absence of minimum payment removes the pressure on the affiliate, especially the new ones. And the lack of a maximum limit paves the way to huge income opportunities.
Therefore, the business created in affiliate marketing is a situation that is beneficial to both the merchant and the affiliates.