Monday, July 13, 2020

What is Affiliate Marketing & How Does Affiliate Marketing Work ?

Everyone welcome to the MoneyConnextion. So in this post we are going to step by step showing you exactly how to get started with affiliate marketing ? Some different traffic routes we're gonna talk about paid traffic, v/s free traffic.

But we're really gonna go in-depth in affiliate marketing to show you everything that you need to know when it comes to making money online as an affiliate marketer.

What is Affiliate Marketing & How Does Affiliate Marketing Work ?
What is Affiliate Marketing

1. What is Affiliate Marketing ?

Now so first of all What is Affiliate Marketing ? We're gonna talk about exactly what it is some strategies and some of my best pointers for how to get a higher conversion rates and how to just essentially make more money with this process.

I will show you exactly what I love about affiliate marketing ? and the reason why I think it is the best opportunity to get started with as a business ? Because it's totally free to start. You don't have money to buy products and then sell products.

I see a lot of people who want to start a business or they want to started generating money and they think that they need to have money to make money.

Now the truth be told it is easier to make money when you already have money but with the affiliate marketing you really don't have to anything.

Now as you can see it's probably best to start with $100 or $200. Just to get the ball rolling a little bit faster but if you want to literally start with $0. There really is no threshold for that.

So that's one of the best things about it there's really no barrier to entry when it comes to making money as an affiliate marketer.

So it's incredibly lean as a start-up and so with this almost nothing to lose. There's almost no risk associated with this now maybe there's some small levels of risk like time for example.

Putting in your time but I can promise you this that if you follow some of these steps in this article you're going to find is that it's almost impossible to fail and to not make money with some of these things that we can be doing.

2. How does Affiliate Marketing work ? 

So the first thing that I want to do is we need to clear up the air a little bit about affiliate marketing and kind of look at how it's gone in the past 5, 10, 15 years.

It's actually been around for quite some time. I'll give you an example here so the way that affiliate marketing will work is essentially what you will do? You as the affiliate marketer can choose to promote products for businesses.

Every time that somebody buys a product or you get a lead or a sale for somebody who bought that product you will get a commission.

 3. Find Specific Niche 

Specific niches where we talk about some of the best niches as well in this post. But this is just a golden opportunity and I'm genuinely excited that you landed on this post.

Okay now one other benefit to affiliate marketing before we actually get into really in the depth of it talking about the different niches to get into the most profitable ones.

Some different affiliate programs that you can join. The other great thing about it is that you don't have to deal with customer service.

You don't to deal with people who bought your product. Who don't like it and they want returns when you're an affiliate marketer.

You're a third-party marketer where if I'm selling. if I'm going to market Nike shoes for example. I can market the shoes for make the sale and get the Commission.

I get the money in my pocket and then two months later if the person doesn't like the nike shoes and they want to return them in the Nike that's Nikes problem that's not my problem as an affiliate marketer.

So that's just one other benefit to this. Okay so let's talk about first of all the best niche to be in or the best category to be in as an affiliate marketer.

This is probably the first thing that you're going to want to think of when you go through this journey is what area am I going to choose.

Because the truth is you can actually market products in almost any industry. So regardless of what it is that you're thinking what type of industry you're thinking of or selling products.

4. Create Affiliate Website

Start a Affiliate website blog. So if you want to get started with the affiliate marketing find a niche that you're passionate about. You can promote a number of different product services on your website.

There's a lot of things that you can promote in any different industry. Okay so that's kind of the topic on niches let's move on. Here to talk about whether or not you actually need a website.

I get a lot of questions from people saying I want to do affiliate marketing. where do I get traffic from ? and do I need to have a website ? Many people of them said I don't want to make a youtube channel. Where do I get this traffic from ?

5. Finding Traffic Sources 

There are two primary sources for traffic. There's free traffic and there's paid traffic. Now for the purpose of this post we're focusing on free traffic.

Because there is very low risk and there's a very little that can go wrong with free traffic v/s paid traffic. For example: If you're running ads on Google or Bing or Facebook or Instagram.

6. Best Affiliate Marketing Networks

Best Affiliate Programs for beginners in 2020. Now I'm going to be ranking the best affiliate programs for beginners. if you're a beginner who doesn't know how to get started?

Where to get started? and what niche to choose? I promise that this post will help give you some ideas by the end of this article.

So the first thing I want to say about this topic is that there is no one-size-fits-all advice for everybody. Because everybody has a different niche and they have different passions

1. Microsoft Affiliate Program Network

This is one of the largest affiliate programs in the world. They work with companies like Microsoft Levi's house. So this is one of the largest affiliate networks.

Now I can't show you anything because the truth is it's not like share of sale or commission. Now  you can just go on Microsoft Affiliate Website and you can sign up.

See all the companies you actually have to join each individual program and then it will get added to your impact account. so that's why I can't show you guys but I do need to let you guys know this one of the largest filling our works out there.

2. ClickBank Affiliate Program

Clickbank is one of the largest affiliate networks on the internet and home to some pretty high commission products. let's take a look at one such Network

Clickbank is one of the best affiliate networks for digital products like software or ebooks. The good thing about software and ebooks is that they tend to have a lot higher Commission's than physical products.

You can probably figure out the reason for that yourself software and ebooks have no manufacturing cost per item. So merchants don't have to worry about affiliate Commission's cutting into their margins.

Commission's of between 50 and 75 percent are reasonably common for digital products. When you click on marketplace you'll be taken to clickbank's directory of affiliate products.

Here you can browse through affiliate programs by subject. Clickbank provides some statistics on affiliate programs and their listings the initial dollar per sale.

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