How to Make Money with Affiliate Marketing for Beginners Guide
Last Updated on March 11, 2023
Are you wondering about ‘How to Make Money with Affiliate Marketing”? If yes, the post will help you make money online with affiliate marketing.
Online affiliate marketing has become a legit profession in the modern era of globalization. As someone who has been working in this sector for about a decade, I felt the need to do something for beginners. So, let me tell you how to start making money with affiliate marketing for beginners.
Are you looking for a profession with the flexibility to be both a home job and an office job? Do you want to earn money online but don’t know how it all works and where to start? Do you want the freedom to work part-time or full-time at will?
Try affiliate marketing because it is the best way to earn marketing online. If you have zero idea about how to get started with affiliate marketing, I’ve got your back! Read my affiliate marketing for beginners 2023 article.
What Is Affiliate Marketing?
It is unlikely that you haven’t heard of affiliate marketing in your life at least once. But if you really haven’t heard of affiliate marketing, have you been living under a rock?
From the marketer’s perspective, Affiliate marketing is promoting other brands through your own platform in exchange for a commission. This technique is a widely used marketing strategy where businesses advertise their products through influential people or websites.
You often see sponsored videos on YouTube, right? These sponsored videos are good examples of affiliate marketing. The video content creators get some commission based on the sales they influence.
Other examples of affiliate marketing are review websites. Of course, you have to completely disclose to the public that you are advertising a product.
Now that the concept of affiliate marketing is clear, let’s learn how to get started with affiliate marketing for beginners.
How Does Affiliate Marketing Work?
Now before I start with the affiliate marketing for beginners step-by-step guide, let me tell you how the entire process works. This will initially give you an idea of how to make money with affiliate marketing for beginners.
As I have said already, affiliate marketing includes commission-based advertising. So, how does this whole process of affiliate marketing work? How does both party involved benefit from this marketing strategy?
At first, a business or a brand and the affiliate marketer get into a contract. In this contract, one party will promote a certain product or brand, and the other party will pay the commission. Generally, the commission count depends on the sales count the affiliate marketer made through the promotion.
So, how do you make sales through affiliate marketing? You will receive a unique link that leads to the brand’s shop. You have to convince your visitors or audiences to make a purchase through that link. Every time someone buys that product via that link, you earn a commission.
Read more: How to make money on Tiktok
How to Make Money with Affiliate Marketing for Beginners?
Affiliate marketing for beginners is not the same as affiliate marketing for experts. You have to start the whole marketing process from scratch, and things may be a bit rough at the beginning.
Back to the main topic, here is the affiliate marketing for beginners step by step guide.
1. Create Your Niche/Topic
First thing first, choose a niche for your content. You’ll have to run the affiliate marketing campaign on a platform where you will post various content. But what will be the topic of the content? Select a niche for your content and stay loyally consistent with it. Do not post any content that doesn’t sit right with your niche.
2. Select Your Platform
You will promote certain products through your content, but where will you post those content? Yes, you need a platform to post your content and promote your affiliated product.
Focus on your skills and strength, and decide the type of content you want to make. Based on your decision, you can choose to run a website, a YouTube account, TikTok, a podcast, etc.
3. Join an Affiliate Program
So, you have created a perfect niche, your platform is ready to go, and now you need to start working in an affiliate program. Affiliate programs refer to the platform you will be working for as an affiliate marketer.
You have to choose from the following types of affiliate programs:
Low Pay, High Volume: Platforms like Amazon pay less than average on sales, but the sale volume is the highest you can ever get. These types of platforms are perfect for beginners.
High Pay, Low Volume: Platforms that pay high but sell in a low volume are also very suitable for beginners. The sale volume may be low, but the high pay makes up for it.
High Pay, High Volume: You will surely find many websites with high sales volume and high commission rates. But we are talking about affiliate marketing for beginners, aren’t we? When considering these types of affiliate programs is not a good idea.
You need more experience and skills to promote products in this type of program. But if you are Googling affiliate marketing for beginners 2023, these programs are definitely out of your league.
Low Pay, Low Volume: You know what it is, and this type of affiliate program is out of the question. This type of program is a loss project for beginners and seniors both.
4. Start Making Content
Affiliate marketing is a strategy for adding product placement in online content. By this definition, it is clear that you need good quality content to start your affiliate marketing campaign.
After you have chosen and joined an affiliate program, waste no time and start making high-quality, informative, and convincing content.
5. Bring Traffic
Can you get clicks and make sales if not many people visit your platform? Of course not, and this is why you have to take extra care of the traffic.
But again, how on earth do you even get traffic? Different people have different methods of bringing traffic, but the following methods make the most sense:
- Try to rank up in Google searches by conducting SEO.
- Pay to get traffic with PPC ads.
- Create an email list of the visitors to turn them into loyal followers.
- Promote your website on social media to turn it into a hot topic.
- Keep posting content regularly.
6. Get Clicks And Earn
There are multiple ways to urge your visitors to click your affiliate link:
- Place the link in a visible place so it can catch your visitors’ attention.
- Create the content in a way that aligns with the affiliated link’s context.
- Use buttons, boxes, etc., as callouts to grab the attention of your visitors and interest them in taking action.
Apparently, just getting clicks will not make you money. You need to turn those clicks into sales, meaning you have to convince your visitors to make purchases. Now, it is fair to say that this part is mostly out of your control. People will click the link, see the product, and make a purchase only if they like it. But if your content is convincing, and the merchant is good at their job, then you have nothing to fear.
Make sure you choose a merchant that has a high sales rate. Also, do not affiliate with any suspicious product. Promote a product only if you know that it is hundred percent legal and ethical.
How to Choose a Domain Name for Affiliate Marketing?
Choosing a domain name is surely a confusing task, especially for beginners like you. Stop worrying and pay attention, my friend. Choosing a domain name is easy if you keep the following points in mind:
- Keep the name simple, short, memorable, and free from hyphens.
- Create an interesting but self-explanatory name.
- Use the name of the location if you are targeting visitors from a specific area.
How Much Can You Make From Affiliate Marketing?
I am about to end the affiliate marketing for beginners 2023 article. I tried to help with the affiliate marketing for beginners step by step guide. But one thing remained unanswered in this entire discussion, how much money will you make with affiliate marketing?
Influential marketers like Pat Flynn and Mr. Beast are making money in millions. But they didn’t start earning millions with their affiliate content right off the bat. Everything has a starting point, and the first target of earning through affiliate programs should be much lower.
On average, affiliate marketers earn around $10 per year, but it can go up to $150k with the right strategies. You should expect to gain the minimum earning as a beginner but never lose your ambition. Your strategies, content, skill, and dedication will be the final decider.
FAQs: Affiliate Marketing for Beginners 2023
Is affiliate marketing good for students?
I believe affiliate marketing is one of the best ways to earn money during your student life.
What is affiliate marketing, according to the presenter?
As per the presenter, affiliate marketing is a kind of performance-based marketing campaign.
What is cookie duration in affiliate marketing?
Cookie duration indicates how long a cookie (information) will stay on a website.
Is affiliate marketing legal?
Of course, affiliate marketing is entirely legal unless you hide your affiliation with the brand from your viewers.
Can you do affiliate marketing under 18?
Affiliate marketing is legal for every age group. If you have marketing skills, it doesn’t matter whether you are 18 or 80.
Do I need an LLC for affiliate marketing?
LLC is essential for the protection of your assets, even though some affiliate networks do not ask for it.
You have learned how to get started with affiliate marketing for beginners, but are you really ready to take on this job? Affiliate marketing requires a lot of dedication, strategizing, and time. If you think you can fulfil all of those requirements, go for it without hesitation.
At first, things will be tough and keeping up with this profession will be hard. It will take you a lot of time and hard work to get the desired amount of traffic and clicks. However, once you get the hang of it, this job will be smoother than most other office jobs.
Affiliate marketing is for people who want to make money with their own platform. If you are one of them, don’t just hide behind that boring office job. Come out and be in charge of your own career.