How to make money from Affiliate Marketing for beginners
If you want to make money online then affiliate marketing is one of the best ways for earning passive income. In this article on what is affiliate marketing and how to make money from affiliate marketing for beginners, we will discuss about on the following important points of affiliate marketing:
- What is affiliate marketing?
- How affiliate marketing works?
- What platform you required to make money from affiliate marketing?
- What are affiliate Marketing Networks and its work?
- How to Make money from Affiliate Marketing?
Let’s start step by step to learn about Affiliate Marketing to make money from it.
What is Affiliate Marketing
Affiliate Marketing is combination of two words Affiliate and Marketing. Affiliate means- attach or connect and Marketing means promoting/selling a product or service.
In simple Affiliate Marketing means making a connection between buyer and seller and take your commission after the finalization of the deal. In affiliate marketing an online retailer/seller pays you commission for traffic or sales generated from your referrals.
In affiliate marketing basically there are three parties, 1. Seller, 2. Affiliate/ Promoter, 3. Buyer.
Seller: The organization/ seller who want to sell their product or service through affiliate. It can be a big company or a small retailer.
Affiliate/Promoter: The person or source which drive leads or customer to buy the products which are being sold by the seller. The affiliate gets a commission for every successful deal.
Buyer: Who buy the products/ services using the affiliate link.
Thus basically there are three main parties in affiliate marketing. I think now it is clear what is affiliate marketing. Lets discuss how affiliate marketing works?
How Affiliate Marketing Works?
Many online companies that sell different products and services like Education Courses or domain and web hosting or other services, offer an affiliate program. You can join affiliate program of these companies to make money from affiliate marketing. Different companies uses different affiliate programs methods for affiliate payment terms viz;
Pay Per Click (PPC): In PPC you will be paid on the basis of number of visitors redirected by your affiliate site to the seller’s website.
Pay Per Sale (PPS): In PPS you will be paid when you redirect a buyer on the seller’s site and purchase is completed.
Pay Per Lead (PPL): In PPL you will be paid when you redirect your site user to the seller/advertiser’s site and the visitor provides his/her contact info on the advertiser website.
Now it is also clear that if you want to make money from affiliate marketing then it is very necessary to make connections between buyer and seller.
Now the question is how to make connection between buyer and seller, how to refer a buyer to buy that product, what methods should you use, what affiliate marketing strategy will work here?
What you need to start affiliate marketing
There are basically two things you need to start affiliate marketing and earn money;
- Platform for promoting affiliate product (like; Website/Blog/YouTube Channel)
- Affiliate product to promote
The first thing to start a affiliate marketing you need a platform where you can promote your affiliate products. This can be your website or blog or other social media platform. Most of the affiliate marketer have their own website and redirect traffic to the seller’s site to make money from affiliate marketing.
It is necessary that your website have enough traffic that are relevant to your affiliate products so that they reach to the affiliate product website. If you want know how to create a website then you can reach out my article ‘How to create news website‘.
In addition to this, if you have your YouTube Channel then you can promote your affiliate product on your YouTube Channel. You can share affiliate link in video description and promote in video.
Many affiliate marketer also make lead by sharing their affiliate link on different social media platform viz; medium, reddit, facebook etc. Some of them also write articles on ‘quora’ and insert affiliate link in the text and redirect interested readers to the seller’s website through affiliate links.
These are some methods that you can use to generate leads and redirect readers to buy interested products through your referral and in return you will get huge commission.
Now the question is what product you promote in affiliate marketing, where you will get this products and service, what are the companies those product you can promote and make money from affiliate marketing.
What product should promote in affiliate marketing
What product should you promote through your website or YouTube Channel to make money from affiliate marketing, depends on the niche/subject of you website/channel where you are going to promote it. If you have a education website then you should promote books and study material but if your website is related to technology then you should promote technology products.
The reason behind this is that if you have technology website then it means visitors on your website are interest in technology product so you should recommend technology related products. If you sell educational books on your technology blog then no visitor will show interest in buying the same. So it is mostly depends on your website niche what product you should promote in affiliate marketing.
Now the question is where we get the affiliate products to promote on your website to make money from affiliate marketing? Let’s take a glance on it.
Where to get affiliate products to promote on your website to make money from affiliate marketing
One of the best and popular ways to find affiliate products to promote is by joining affiliate networks. Affiliate networks are businesses promotion platforms that connect merchants and affiliate marketers so both can earn more money. Affiliate networks have a large variety of products because a large number of sellers are connected with it. As an affiliate marketers you can use different affiliate networks to make better product selections that you want to promote on your site or channel.
What are affiliate networks
There are many affiliate networks, you can join one or more. Some of the most popular affiliate networks are as under:
Affiliate networks also have data about how well a product sells. You can use this data to increase your affiliate marketing profits by deciding which products you should choose for affiliate marketing. This is one of the best benefits of joining affiliate networks.
How to Make Money With Affiliate Marketing
Now you have a website and joined affiliate networks, it is time to start making money from affiliate marketing by monetizing you blog, website or YouTube Channel through affiliate marketing.
Create relevant content and insert affiliate link
To make money with affiliate marketing it is very important to drive more relevant traffic on your website. Relevant traffic means, visitors on your website who want to purchase the products which you have promoted through affiliate link. Therefore, it is very necessary to write content that are relevant to your affiliate products. These content should somehow describe merits of the the products and services so that visitors intend to buy the product. While writing the content insert affiliate link where required.
Drive traffic to your website to make money from affiliate marketing
When visitors come on your website or blog then they will read your post and could buy products through the affiliate link that you have suggested. So it is very important to stay on top page of Google search. It is very important to regularly update and write new content on your website to get top page ranking.
You can also check out our article on ‘How to increase website traffic’. This will help you in driving more traffic on your website.
Other important methods to make money from affiliate marketing
In addition to this you can also create campaign through different social media platform to promote your affiliate product link to generate sale. You can also promote your affiliate through paid advertisement to make money from affiliate marketing.
Hope you liked this article on what is affiliate marketing and how to make money from affiliate marketing. If you have any query or suggestion, feel free to contact me. You can drop your message in comment box.