Becoming an affiliate marketer is an awesome way to earn extra money. It can soon become your full-time income if you work hard enough.
If you are here, you are probably thinking about setting up your affiliate marketing business. This post is only going to deal with the website itself. Before you do this step, it is important that you have your strategy in place. This includes:
Select your niche. This might be kites or knitting or fashion
Doing your product and services research so you know what to market
Your Marketing Strategy. SEO or ADs or SOCIAL, or some combination
Domain name
Once you have decided this, you can find out how to set up an affiliate marketing website. These are the options you have.
The almost free route
If you have no money you have to learn how to make an affiliate website for free. You need to get googling. But basically, you are going to:
You have some money. Get a professional to build the site for you. This will give you time to work on the business. You can focus all your time on the money-making part. Product research, marketing material, and possibly Paid Ads.
Getting your creativity on and building an affiliate site can be mentally and financially rewarding.
You’ll learn a lot about your selected niche, business in general, and how online business works. You’ll find there are so many aspects, that once you start making money, you’ll pay someone else to do the parts that are hard.
One of the biggest challenges for anyone starting any business is the cost of starting. Many people don’t have access to the large amounts of capital required to start building a business. And this is a major limiting factor for many people. Today I will be delving into one business model that requires little to no start-up capital! Yes, it’s true there is a way to start a business with zero money, it is called affiliate marketing and you can even get started today!
Here is what I will be covering today:
Myths about Affiliate Marketing
Building a business without Boundaries
Why should you find a niche?
Why you need a blog?
Use Social Media to spread the word
Grow Your Email List
Be Consistent!
Let’s dispense with the Myths First
Affiliate Marketing, like any real business, will not make you heaps of money from day one, no business will! It is not a quick route to making money. It is a great way to start building an income for yourself, through your own efforts. If you are working and want an additional income stream, affiliate marketing can be a way to build a steady income that can grow over time.
As an affiliate, you will be promoting products and services that will earn you a commission from every person that buys that product. Instead of physically selling any products you are acting as a referral partner, and earn money for referring a customer. So if you look at it from a long-term point of view and invest now, down the line it will yield higher and higher returns as you grow your business.
A Business without Boundaries
One of the great benefits of an Affiliate Marketing business is the fact that you can run it from anywhere! It’s also not like a normal business where you need to be available during business hours. You also don’t need to only sell to people in your country, you can market your products anywhere in the world.
This means if you ever built a strong enough business that makes you enough money, you could live anywhere in the world. So you could truly be a digital nomad and live and work where you want. You could even travel while you work, the choice would be yours.
Why should you choose a niche?
One of the challenges facing anyone starting out is what to sell! There are just countless products and services in innumerable industries that you could sell. The problem is not if there are opportunities to sell, the problem is what opportunities will you focus on? Instead of trying to cover too many bases, focus on one niche or solve one problem.
This will help you be more focused on your marketing efforts! And this is a good thing. If you sell too many different unrelated products, it will severely undermine your content. This is also not ideal from a search engine point of view. So think carefully about what you want to sell by asking these questions:
Where are my interests?
What am I knowledgeable about?
What do I love talking about?
What would I love to learn about everyday?
What products or services do I use everyday?
What products and services am I knowledge about?
Dig into your strengths, passions, experience, and knowledge to find areas that will be more natural for you, as this will greatly help you when creating content. There are many tools online that can help you research the demand for online products and services. Doing a Google search can direct you to some free tools for viewing real data about your niche.
No! But although you don’t need a blog to get started, I would highly suggest setting up a basic blog for your business. Some affiliate programs will require you to have a website, so it depends on the affiliate network. You can share information about the products you are selling, and create a resource with your audience.
A blog gives you total ownership over your content. You are in control and can use it to centralize all your content in one place. Even if you decide to move from one social media platform to another, your content will still be accessible on your website. You can also use your web content to repurpose on social media platforms. This can help you maintain consistency, and help you to build traffic to your website.
Many hosting companies have basic webpage builders to help you set up a basic website, that won’t even cost you any more than your monthly hosting fee. Ask them to find out more!
Social media is a powerful content distribution platform to share your content and grow an audience. Your content can educate your audience about what you are promoting and create exposure for your affiliate products. Choose a social media platform where your target audience is to increase the success of your content. The better you connect with your target audience the more effective your affiliate promoting will be.
People will be more inclined to follow a link from a trustworthy source than someone that hasn’t taken the time to build a strong following. Social media can be powerful leverage for driving traffic, and it is free, so take the time to learn how to use it wisely and it could pay back dividends.
A great way to build a good affiliate business is to build an email list! If your customers have subscribed to your newsletter, they have already shown interest in your products and services. Now you can use this list to regularly send out information that can inform, educate and promote your products. But remember, put your customer first and don’t just cold pitch every email or you could land up with people unsubscribing faster than they join!
Be consistent
A mistake many affiliate marketers make is they fail to be consistent! To achieve success you need to be consistent, and that means working at your business every week. Create informative content for your readers weekly and share that on social media! Make it part of your email newsletter and keep your readers interested and your business will grow.
Lets Summarize, an Affiliate Business:
Can make you money if you take the time to grow it!
Can be run from anywhere in the world.
Can be run anytime of the day.
Should be based on your interests, experience, or knowledge.
Can be run with or without a website.
Can be run using Social Media as a primary platform.
Can be promoted through an Email Newsletter.
Can be successful by being consistent!
So, what are you waiting for?
Get ready to Launch into CyberSpace!
With a Step-By-Step Blueprint to Guide You to Success.
Everyone dreams of the “ultimate financial freedom” and making money while not working. It’s a dream we’ve all had, and well, probably constantly have! Unfortunately, many people online have realized this and take advantage of people, trying to sell them get rich quick programs. Today I will discuss affiliate marketing and how it can be a source of passive income. The truth is that to gain passive income you need to have invested in something! The money must come from somewhere and it can’t just fall out of the sky! There has to be some real value invested somewhere to gain a return.
Examples of passive income:
Dividends from stocks you’ve invested in.
Rental income from a property you own.
Profits from a business you own but don’t run directly.
Profit from renting goods you own.
Royalties from books, music, or any other intellectual property.
Income from ads generated through viewing your videos on YouTube.
Commission earned from promoting affiliate products.
Each one of the above examples is a passive income source! But as I’m sure you realize, none of these are get-rich-quick solutions, nor are they going to pay out income overnight. You have to put the time, money, and effort in to see a return down the line.
One of the ways to build passive income through the internet is by promoting affiliate products. It still requires, time, effort, and money but, requires far less than any of the other passive income strategies.
What is Affiliate Marketing?
Affiliate Marketing is promoting other people’s products in return for a commission. So when a visitor clicks on a banner promoting a product and purchases it from the vendor, you earn a commision.
Instead of selling the product directly to customers, you are acting as a gateway to the vendors products.
For example, one of the products I use myself is Six Figure Mentors. It is the program I have been using to help me build my affiliate marketing business. This program offers me many resources that I find incredibly useful and has saved me a stack of time.
It offers me educational resources for learning how to build an affiliate marketing business. It gives me a blueprint to help me design my business from zero to profitable! It also offers me a mentorship program to encourage and guide me through the process.
So because I am using this product and it has helped me start my online business, I am able to share with you what this program is about and that I have found it indispensable.
The question is:
Are you ready to commit to building a successful online business that can earn you money from anywhere, at any time?
Are you ready to start building a business on the side or even full-time?
Where do you start?
If your answer is yes, and you want to change your financial path, make a start and sign up for a business program that can give you the tools and resources to start building an opportunity to earn money online!