If you Google affiliate marketing, one of the first results is from Wikipedia. It defines it as a marketing practice in which a business rewards one or more affiliates for each visitor or customer brought about by the affiliate’s own marketing efforts.
An affiliate is anyone who sells, promotes, or advertises a product that isn’t theirs and gets a commission for the sale.
This is a powerful yet simple concept and probably one of the easiest ways to start making money online.
Instead of trying to create your own product, a company allows you to sell their product for a commission. This can be accomplished through paid ads or free advertising. As long as the affiliate promotes it in an ethical way which helps the end user.
It’s easy to get started as an affiliate marketer. Just follow these steps (the 5 R’s) and you’ll be well on your way to starting your online career as an affiliate marketer.
1. RESEARCH – Search which market or niche you would like to promote. There are all kinds of niches ranging from health and beauty to computers. Choose one which you are passionate about and it will make it easier to promote it.
2. REGISTER – You need to sign up with the affiliate marketing company to promote various products. Or if there is a product you are currently using, chances are they probably have an affiliate program that will allow you to promote that product.
3. RECEIVE YOUR LINK – After you sign up, you will receive your special affiliate link that is exclusive to you. This is VERY important as this is how you will be paid. Every sale made through your link gets tracked by the company and that’s how they know who to pay and how much.
4. RECEIVE YOUR CHECK – After you start to make sales, checks start to get mailed out with your affiliate commissions. Some takes weeks. Others are instant. I prefer the instant ones that pay out 100% commissions, like this one.
5. REPEAT – After you set up your niche website and get it running on autopilot, you can repeat the process and set up as many as you like. It’s all about multiple streams of income in this industry.
What To Look For In An Affiliate Product
Before you choose a product or niche that you want to market, you should keep in mind what the demand and worth of a product is. Aim for one that is in large demand that also gives huge profits (100% commissions is ideally what you should be aiming for).
How To Promote Your Affiliate Link
You might be wondering what you do with your affiliate link once you get it, and that’s a fair question.
Some people spam it all over Twitter and Facebook. And chances are these people aren’t making any real money. They might get a few bites, but never enough for life changing results (which is what we are after).
Basically you want to put your link in front of people that are searching for it.
How do you do that?
There are lots of different methods and forms of advertising, but my personal favorite is article marketing and using blogs. You write keyword rich articles related to your niche you have chosen, post them on your blog or article directories and then promote those articles.
So you aren’t promoting the link itself first, but rather you’re giving value to the reader because they are finding your article that they were looking for and after giving them value, you suggest they click on your affiliate link for better results or for more information.
This is a better way to promote your link compared to just spamming it all over the place.
How You Get Paid As Affiliate Marketers
There are a few different ways most companies like to pay their affiliates. Some through checks twice a month (it’s a drag waiting for these to come), some pay through PayPal (this is better), and some pay directly into your bank account the very next day (the BEST choice)!
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