How to start making money with affiliate marketing.
How to start making money with affiliate marketing? I will share with you the 5 easiest steps you should know if you want to start making money through affiliates.
1. How to start making money with affiliate marketing is first Choose your niche
How to start making money with affiliate marketing is choosing your niche, which is the topic or category in which you are specialized or are interested in positioning yourself to attract people interested in it.
Here, the main advice I can give is to be very specific
When it comes to paddle tennis, honing your expertise in crafting content specifically tailored to this niche proves more fruitful than producing generalized sports content.
Internet searches will be more specific, there will be less competition and the content you create will respond to the search intentions of a very specific audience.
2. How to start making money with affiliate marketing is second Choose the channels to attract visits
To start making money with affiliate marketing, attracting visitors is one of the great advantages of affiliate marketing is that “only” one audience is needed that is interested in it. Otherwise, there is no limit to the channels or platforms through which you can share that link with the tracking code.
The most widespread channels to earn money through commissions are:
You don’t have to be on all channels. You will have to analyze very carefully who is interested in the products and services you decide to promote.
It is also important to keep in mind that the channel is aligned with what you sell.
For example, if you sell technological products, it makes more sense to rely on visual channels like YouTube, where you can show what the product is like visually, than on a podcast that only supports audio description.
Newsletters are also a good channel to sell through affiliate marketing. Normally, in a niche newsletter, the audience is more qualified, which helps you promote products, tools, or whatever interests said audience.
Important: you must consider the affiliation policies that some tools and programs have since not all of them allow sharing these types of links. For example, Amazon does not allow you to share affiliate links via email and your account may be terminated.
3. How to start making money with affiliate marketing. The third is to start Looking for affiliate programs
Currently, many brands and companies have their own affiliation system. You just have to do a Google search as follows:
[BRAND NAME] affiliate program
There are 3 types of affiliate programs that you should know about:
High Commission, Low Volume:
Refers to niche products that have few buyers. For example, HubSpot focuses exclusively on selling to businesses, and its affiliate program offers generous commissions, such as 100% for the first month and a 15% recurring monthly commission.
Low Commission, High Volume:
Applies to products that have broad appeal, such as technology products. For example, Amazon offers a commission of up to 10%. The interesting thing is that they provide commissions on the total value of the purchase, not just on the recommended product.
High Commission, High Volume:
Refers to expensive but very attractive products, such as insurance. However, these programs tend to attract experienced affiliates who have a lot of competition.
As I mentioned, there are many affiliate programs. The sector doesn’t matter. If the brand has understood the potential of selling its products through other people’s recommendations, it surely has an affiliate program.
Some affiliate programs that exist are:
- Amazon Associates: Amazon’s affiliate program allows marketers to earn commissions by promoting Amazon products through custom links.
- ShareASale: ShareASale is an affiliate network linking marketers with merchants across various industries, offering diverse affiliate programs.
- Etsy Affiliate Program: Etsy’s program lets affiliates earn commissions by promoting handmade and vintage products from Etsy sellers.
- Bluehost Affiliate Program: Bluehost’s program rewards affiliates for referring customers to their web hosting services, offering recurring commissions.
- eBay Partner Network: eBay’s program allows affiliates to earn commissions by promoting eBay products and driving traffic to listings.
- Shopify Affiliate Program: Shopify’s program enables affiliates to earn commissions for referring customers to their e-commerce platform.
If you have an account within our tool, you can also generate income by recommending it to your audience.
You can access your unique link from your account > Referral Program.
What are you waiting for to share your link?
As you can see, there are multiple affiliate programs. Depending on your sector, the theme of your medium, and the channels you work on, you will be more interested in promoting some than others. However, you can always combine several and, thus, generate more money!
4. How to start making money with affiliate marketing fourthly, create good content to attract visitors
To make your affiliate site successful (and convert), you must create excellent-quality content.
Your affiliate links must be integrated naturally into the content. You need to put in the effort and ensure that your content addresses the problems your readers have and provides them with effective solutions.
For example, if you write product reviews, it would be recommended that you purchase the product and try it personally. Use it for a while and then share your findings and experiences with your readers.
By sharing your own experience and even images of the product and how you use it, it is much more useful and credible to the reader.
In the same way, if you create content around marketing tools that you use, the more experience and practical uses you share with the said tool, the more interesting it will be for the person who reads it, and the more willing they will be to acquire it.
This brings us to the next point.
5. How to start making money with affiliate marketing is to convert those visits into sales
How to start making money with affiliate marketing—the final step is where the magic happens. The traffic that you have attracted to your blog, newsletter, YouTube channel, or social networks must be converted into clicks.
Simply having visitors does not imply that they click on affiliate links.
We can say that Without clicks, there are no conversions.
You must take into account three considerations when generating clicks:
- Location
- Context
- Calls to action
The ubication
The position where you place the affiliate link is important. What I recommend is that you apply the maxim of common sense.
That is, do not put it at the beginning or the end.
At first, it will be decontextualized, and in the end, it will probably go unnoticed.
The context
The text surrounding the link is also something to keep in mind. The reader who is interested in such a product will read everything carefully. Therefore, try to place it around quality content so that it is more likely to generate a click.
Calls to action
Lastly, I want to mention calls to action like those buttons or product comparison tables. In these elements, the visibility of the link is much greater, which will capture many more visits than a link between content that may have less prominence.
Conclusions
As you can see, affiliate marketing is an art that must be practiced and polished to achieve conversions.
We have seen different models to generate income through referrals, some programs that you can join, and the steps you must take if you want to implement this technique to generate income online.
However, don’t get obsessed with it. By depending on a third-party program, your income cannot be submitted solely to affiliates. Our recommendation is always to diversify into different programs and different monetization methods.
I hope this article has been useful to you as you begin to delve into the world of affiliate marketing.