Your Guide To Affiliate Marketing
This brief guide to affiliate marketing will show you how this popular business model is the easiest way to start your own online business.
Affiliate marketing is a style of online marketing where a business will pay you a commission every time a consumer buys a product from that business as a result of your recommendation.
Your recommendations are in form of an unique affiliate URL link that directs the consumer to the product sales page. Your affiliate links can be on your website, blogs, social media pages and emails. In fact anywhere that you can reach your chosen audience.
A Beginner’s Guide to Affiliate Marketing
For the most part there are three key players in the affiliate marketing business model.
- The Product Owner: This is the company selling their products or services.
- The Affiliate: The affiliate is someone who is willing to advertise or further promote the product owner’s products or services.
- The Purchaser: The last piece of the puzzle, but of equal importance, is the individual who clicks on the affiliate link that directs them to the product owner’s site whereby he or she gets to complete a transaction.
Basically, affiliate marketing is when you – as an affiliate – promote a company’s product or service in exchange for revenue, otherwise known as a commission.
Do You Need A Website?
Some beginners do learn how to start affiliate marketing without website. They direct potential customers to product sales pages by way of online advertisements or social media links. But marketing has many components to it. There is the knowledge and expertise of a product or service. There is sometimes the actual usage of that same product or service. However, when it comes to affiliate marketing, there is more. It’s necessary to build relationships first and foremost with your target market on your website before you consider diving into affiliate marketing.
It’s important to create a website and offer a value to the visitors that come there to check out what you have to say and how you have to say it. Remember, everyone likes to buy but nobody likes to be sold anything.
Think of it in terms of actually meeting someone in person. They introduce themselves and right away try to sell you something. What’s your reaction? You want to get away from them as soon as possible right? Well, the same concept is applicable to affiliate marketing websites. You want to offer a solution to a problem for your visitor. You want to engage them, and you want to be authentic and build a relationship with them so they come to know, like and trust your recommendations.
FREE Checklist: Affiliate Marketing For Beginners
Is It Easy To Learn Affiliate Marketing Basics?
Affiliate marketing is fairly straightforward. You join an affiliate program and pick your products of choice. The product owner will provide you the necessary affiliate links that are unique to you. This will direct the potential buyer to the product owner’s website. These links are very important as they are used by the product owner to track any sales you make.
The product owner will provide the links, marketing materials, like banners, ads, articles etc, for you to use on your website. Once a potential buyer converts into a consumer by making a purchase via your affiliate link, you’ll earn your commission.
What Are The Benefits of Affiliate Marketing?
There are numerous benefits to learning all you can about affiliate marketing. While it may sound like a quick and easy way to make money, you do have to put in some time and effort to build your business.
One of the great benefits of affiliate marketing is that you don’t have to create, store, organize delivery or manage payment systems for the goods and services you are selling. The product owner takes care of all these issues. There’s also no need to worry about answering any customer questions or issues, as all you are doing is referring business.
What’s Your Passion?
Anything you do in business, whether it’s a brick and mortar or an online business, needs one crucial ingredient. That ingredient is your passion. If you’re not passionate about what you’re selling, it will show. When it comes time to associate yourself with goods or services to sell through affiliate marketing, you want to have an genuine interest in your market and to understand your target audience.
Where Do You Find Products To Sell?
Affiliate networks act as the go-between for the affiliate and the product owner. Affiliate networks are responsible for several things. This includes the processing of payments, keeping an eye on commissions, and offering support to product owners and affiliates.
Perhaps, the most well-known and considered the granddaddy of them all would be Amazon Associates. With Amazon Associates you can earn income by promoting the thousands of products that are on sale at Amazon.com. The beauty is in the simplicity. As an Amazon associate, you advertise a product using a link on your own website and when a consumer clicks through and makes a purchase, you earn a commission.
You can also sell digital products as an affiliate. These are items that your customer can download instantly to their computer after purchase. If you plan to promote digital products, you can find affiliate programs on sites like JVZoo.com, ClickBank.com, and WarriorPlus.com
Free Online Training Guide To Affiliate Marketing
Companies are happy to pay commissions to people just like you, in return for selling their products and services. Make a plan and stick to it. Focus on what the people of your niche really need and want. As an affiliate marketer, you have the potential to generate an online income when you choose the right niche, stay committed, and understand your audience.
To learn more, this free affiliate marketing training course provides an expert guide to affiliate marketing and will show you how to start a profitable online business and scale your income far quicker than you ever thought possible.