So you want to know how this affiliate marketing thing works right. Well, continue reading this post will take you through exactly what it is, how it works and how you can make money from it.
Before I go any further, I think this is where I should tell you something super exciting and inspirational about the whole affiliate marketing thing. This is the method most super rich internet entrepreneurs use to acquire most of their money.
Affiliate marketing is extremely lucrative and this is what most Bloggers and YouTubers thrive off.
In this article, I will share the basics of affiliate marketing and all the details you need to know in order to understand how it works and how to become a super affiliate marketer.
Affiliate Marketing Explained: What is affiliate marketing?
Affiliate Marketing has been around for a long time, possible since the advent of the internet. How it works is that you refer someone to an online product and when that person makes a purchase, you earn a commission. It’s that simple. So you are making a referral to an advertiser’s store and if they buy you get a percentage of the sale.
The commission you make varies by the advertiser and can range from as little as a few cents per purchase to hundreds or thousands of dollars per sale.
A typical Affiliate Marketing schematic looks something like this.
People often ask, “how does the advertiser keep track of who is making the referrals to ensure that the right person gets paid for all their referrals?” But it’s actually a pretty simple process. The advertiser gives each publisher a unique link (URL) with a tracking ID. So for each visitor to their site, they can identify where that visitor is coming from and who referred them.
This is what an affiliate link from click bank looks like its raw format. The number at the front of the link (95b67) is my unique tracking ID which indicates to ClickBank that I am the referee of the visitor that clicks.
This URL is used to keep track of all the traffic and sales you are making via your website or other promotional techniques. Many old-fashioned affiliate programs allow a buyer to add the email or referral details in an effort to account for affiliate sales, but this is certainly not the best way to track progress.
A very high percent of all online retailers have an affiliate program and one of the main reason for that is because affiliate programs are not just a way for publishers like you and me to make money but it is a good way for retailers (advertisers) to get traffic to their websites. If you have a blog a website a YouTube channel or occupy any other online space, you can find a good affiliate product to promote, get your unique link and share them with your audience. If your viewers, followers or readers buy anything, you will get a commission.
It is very important for newbie publishers to note that every affiliate program has a set of Terms and Conditions. For example, some of them offer a 30-60 day cookie period, which means that if a visitor uses your unique affiliate link to land on the sales page of the site and buys something within the next 30-60 days, you will be entitled to the sale’s commission. However, please be mindful that this is not necessarily the same with all affiliate and you should make sure you read the Terms of the advertiser you are promoting.
Eight Most Frequently Asked Questions about Affiliate Marketing
So now I think I’ve painted a pretty decent picture of what affiliate marketing is and you should have a basic understanding of how it works so you can go out there and start making some money being an affiliate marketer. But if you are still not clear and want more information about the topic you can sign up for my affiliate marketing email course where I will share a lot of tips and trick with you on how to get started immediately and become a super affiliate. You can sign up for the course here >>> http://suertz.com/affiliate-marketing-course-sign/.You can also, leave me a comment below and I will be sure to answer all your questions.
Here Are Eight of the Most FAQ about Affiliate Marketing
Is affiliate marketing harmful or illegal?
Absolutely not! Affiliate marketing is perfectly legal and is encouraged and promoted by almost all the top companies in the world including Amazon. Also, there is no harm in affiliate marketing, as long as you follow the rules of the advertiser, you will be perfectly fine.
Can Affiliate Marketing and Adsense be used on the Same Site?
The short answer to this is yes. I have been using both affiliate marketing and Adsense on my site since day one and I have not run into any problems with Google or any of my advertisers. However, if I had to choose between affiliate marketing and Adsense, I would most definitely say affiliate marketing as the earnings are as much as 10 times as high Adsense.
How do I find an affiliate link for any product?
Not every product has an affiliate offer, but if you have a particular product in mind that you’d like to promote, you can check their website for the affiliate section. This is usually found in the footer section of most websites. However, Amazon has possibly the widest variety of products on any website on the internet and almost all if not their entire product has an affiliate commission attached to it. When seeking out affiliate products to promote, be sure to check the company’s FAQ page if they have one and also the customer reviews section if they have one.
Another way to find an affiliate product to promote is to do a Google search for the type of product that you are interested in. If you are only interested in promoting digital products, the best place to go is Clickbank or Commission Junction.
How do I find new products to promote?
Affiliate marketplaces such as those mentioned above are the best places to start your affiliate marketing research. You can browse your niche and see the top performing affiliate programs.
Here’s a video on how to find top selling products in a niche on Clickbank. Watch the video to the end for the information. >>> https://www.youtube.com/watch?v=W6EiiL1YVyI&feature=youtu.be
Alternatively, you can keep an eye on blogs in your niche and see which products they are promoting and what methods they are using.
Is it important to have a blog for affiliate promotion?
Not necessarily, but a blog/lead capture page is really the best promotional tool. With that said, you can always use methods such as Solo Ads or PPC advertising with Adwords or Bing to promote a product. This is more like hit-and-run affiliate marketing, however. The best way to make the most out of your affiliate marketing opportunities is to have a landing page to catch leads and retarget and remarket to them over and over again and that how you maximize your profits as an affiliate marketer.
How much does it cost to join an affiliate program?
All affiliate marketing programs are free. If it’s not free, then it’s not considered an affiliate program. However, if you want to successful t affiliate marketing, I suggest you treat it like a business and what that means is that you will have to invest a little bit of money at some point. Your investment will be used to promote your blog or landing page and to set up your Autoresponder to send follow-up emails to your leads. If you are serious about affiliate marketing, I suggest you sign up for GetResponse. It provides you with landing pages and it’s totally FREE for 30 days if you click the link above.
What qualifications do I need to become an affiliate marketer?
There is literally no qualification required to become an affiliate marketer, though having good copywriting skill and marketing skills will be an added advantage. I highly recommend you sign up for the free affiliate marketing course here to learn more about becoming a super affiliate marketer. Sign-up here >>> http://suertz.com/affiliate-marketing-course-sign/
How much money can one make from affiliate marketing?
Some affiliate marketers online are making hundreds of thousands of dollars per month promoting affiliate product on their websites. However, not everyone will make that kind of money. The amount you will make will depend on the size and demography of you client, fan base, and marketing efforts. When I just got started I was doing very little promotion and wasn’t really making any money but ever since I found a method that works, I’ve been making between 1K-1.5K per month by promoting products which I use every day.
Affiliate Marketing Glossary
- Affiliates: Publishers like you and me who are using affiliate program links to promote and make sales.
- Affiliate marketplace: There are many marketplaces like Amazon Associates, CJ, and Clickbank. These work as central databases for affiliate programs in different niches.
- Affiliate software: Software used by companies to create an affiliate program for their product.
- Affiliate link: Special tracking link offered by your affiliate program to track the progress of your affiliate promotion.
- Affiliate ID: Similar to the affiliate link, but many affiliate programs offer a unique ID which you can add to any page of the product site.
- Payment mode: Different affiliate programs offer different methods of payment.
- Affiliate Manager/OPM: Many companies have dedicated affiliate managers to help publishers earn more by giving them optimization tips.
- Commission percentage/amount: The amount or percentage you will be receiving in affiliate income from every sale.
- 2-tier affiliate marketing: This is a great way of making money from an affiliate program. With this method, you recommend that others join affiliate programs, and you receive a commission when a sub-affiliate makes a sale (similar to MLM or multi-level marketing). This income is also known as a sub-affiliate commission.
- Landing pages: A unique product sales or demo page used for the purpose of capturing leads or increasing sales. Most of the programs that you will be promoting have many landing pages, and you can run A/B testing to see which pages convert best for you.
- Custom affiliate income/account: Unlike a generic affiliate account, many companies offer custom affiliate income to people making the most affiliate sales for them.
- Link cloaking: Most of the affiliate tracking links is ugly. Using a link cloaking technique like URL shorteners can give you really nice looking short links to promote. I personally use bitly.
- Custom coupons: Many programs allow affiliates to create custom coupons which are also used to track sales. Custom discount coupons help you to increase affiliate sales as well.
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