How to start affiliate marketing? – First of all, it is a lucrative way to make money on the internet. Truly, one can even make live boss-free life from affiliate marketing.
Read the Pat Flynn affiliate income report of $1,05,619. To be frank, it’s a huge number. But the thing is, if he can, then you can too. In the meantime, you need to put all your work to do that happen.
So, for the first step of success, in this post, we’ll see how to start an affiliate marketing business, and also, I’ll suggest the few best affiliate products to make good sales.
What is Affiliate Marketing?
In online, when you refer someone product and the purchase happens through your unique link means, then the product owner provides you a certain amount as commission for the sale. This is called affiliate marketing.
For example, there is a company called X. They sell a product with a price of $100. Consider they have an affiliate program and the commission rate is 30% ($30).
Hence when the man buys the product through your affiliate link means, you will get the 30% commission to your pocket ($30) and the remaining amount goes to the X company ($70).
This is how affiliate marketing revolves. To be honest, this is not an overnight success. Based on your marketing platform & strategy, you can see the success. In addition to that, you need to build a trustable audience for making huge sales.
How to Start Affiliate Marketing – Step by Step Guide
Firstly, many beginners failed to start affiliate marketing because of a lack of guidance. Literally, you need to focus on a few areas before start it. And they are,
To be an Affiliate Marketer
- Find the sales platform.
- Choose your niche.
- Research the product and choose it.
- Check the products worthy and features.
- Check the cookies period.
- Have a good support team and payment gateway?
- Use that product before promoting it.
- Finally, sign up for the product.
These are the essential things to consider before starting an affiliate marketing. So, let me explain briefly about these points. Stay tuned!
Find the sales platform
Sale platform is nothing but where you’re going to promote the product?
The answer is, “there are a lot of ways to promote the product”. In case, you already have the below-mentioned platform with a decent audience range means, kindly keep work on that platform.
- Start a website or blog: The best way to make more money through blog posts, but the investments are a little high to buy a domain and hosting.
- Start a YouTube channel: Another biggest platform to attract enough audiences. Less investment to start a YouTube channel and can make a big amount in affiliate marketing.
- Email marketing: Compared to others, it takes less time to work but the conversion rates are high. A proper email marketing tool can draw audiences and sales.
- Social media marketing: Easy to get more followers through simple work, but it’s hard to make sales.
Choose the platform in which you have the strength to pull enough audiences and make a sale.
Recommendation
My recommendation platform to promote affiliate products is the YouTube channel and Email Marketing, which are less investment compared to others.
Choose the niche
So, once you selected the platform, it’s time to choose the niche and stick to it. Niche is nothing but the topic of your work.
Let me consider you have chosen the YouTube channel as your platform.
In case, you have an idea to make a random topic video and would like to make affiliate sales from its mean, kindly erase that idea from your mind.
For example, one of your videos is related to the food niche, and the other video is about antivirus software means, you won’t get enough trustable subscribers to your channel.
So, kindly stick to one niche and make all the contents related to that niche. It makes a good conversion rate.
Research the affiliate product and choose it
Many of them failed to earn money on affiliate marketing because of the lack of research on the product before starting it.
Kindly research that the product must have below two things,
- Product related to niche: The affiliate product must be related to your niche. Otherwise, you can’t able to make money from it.
- Is that good product: There are so many spam products are available on the internet? So, make sure that the product is good to buy.
Hence, check two times before selecting the affiliate product. Because you’re going to spend your valuable time on these. In the meantime, people don’t spend money on worthless products.
Check the product price is worth buying?
In simple words, peoples don’t spend too much money on simple products. However, this is not your concern, but you need to promote the product, which is worth to buy.
The buyer must look at the product feature before they buy it. If the product is expensive means, then it must need to have all the features that satisfy the buyers.
So, check the product that has problem-solving features for the money to pay.
For example, consider the affiliate product BeRush (the company of SEMrush). It’s a Keyword and SEO tool for bloggers. The price of the product comes in three ranges. They are $99, $199, and $399 per month.
And the affiliate commission rate is 40% with the recurring commission. It’s one of the highest commission rates and also this product is the top keyword and SEO tool.
So, it’s trustable to promote this product. Likewise, analyze the product features and prices before promoting it.
Review the Cookies period
Before start affiliate marketing, check the cookies period of the product. Cookies period is nothing but the validity days of your unique affiliate link.
For example, consider the BeRush product, their cookies period duration is 10 years.
It means when a buyer initially visits the product page through your affiliate link on Jan 1, 2020, but he/she didn’t buy the product. Also, the same person visits the product page through someone’s affiliate link and buys the product on June 30, 2020.
So, what you think, who’ll earn the commission? No doubt, it’s you. Because you refer the “BeRush” initially to the audience and the cookies period lasts 10 years.
Cookies’ duration varies depends on the product. So based on your duration, keep update your content.
Support Team and Payment Gateway
Check the affiliate product has a 24*7 support team. If you’re new to affiliate marketing means, you have more doubts about their workflow.
Almost all the good affiliate products have a great support team. Moreover, analyze their payment gateway method.
Few countries don’t have secure payment gateways. Once you make a sale the next step is how they transfer the commission to your account.
Common payment methods are Cheque, PayPal, and Wire transfer. Hence, review the affiliate product payment gateway that supports your country before starting affiliate marketing.
Use that product before promote
Almost, you are ready to sign up for the affiliate product, but this is the most important step among all to make a success in affiliate marketing.
You must need to use the affiliate product before you promote it. Because once you tried that product, you understand the ups and downs of the product than others.
Even though Pat Flynn, the highest affiliate earner, follow this strategy to earn more revenue from the affiliate. For more information, read here.
So, use any affiliate product before you promote it to your audience. If you were satisfied with that product means, then your audience will also.
Signup the affiliate product
It’s time. I hope with the help of the above-mentioned things and filters, you may find the product to sign up.
Once you signup the affiliate product, they will provide you the unique affiliate links. That’s where your mission starts.
Also, they provide a few banner ads images and custom links to track your affiliate sales. Frequently check the sales and clicks to increase sales. This is how generally you have to start affiliate marketing.
Best Affiliate Products
Here I would like to mention the few best affiliate product which helps to start your affiliate marketing.
With deep research, I get you the list, so if you’re blind to choose the niche and want to begin affiliate marketing means, kindly choose any of these products as your topics and keep study on it.
Bluehost
It’s a hosting platform for website creators or beginner level bloggers.
- Commission rate: $65/per sale.
- Cookies Duration: 45 days.45 days.
- Payment Gateway: PayPal.
- Sign up: Click here
BeRush
The one we’ve seen above, which is the Product company of SEMrush, the keyword and SEO tool for bloggers or content creators.
- Commission rate: 40% recurring commission.
- Cookies Duration: 10 years
- Payment Gateway: PayPal or Wire transfer.
- Sign up: Click here
Shopify
An Ecommerce platform to make online business, drop-shipping. Most of the e-commerce affiliates using Shopify as their affiliate marketing to make big sales.
- Commission rate: $58/sale.
- Cookies Duration: 30 days.
- Payment Gateway: PayPal.
- Sign up: Click here
WP Engine
Another hosting platform for websites like Bluehost. But the commission rate is lucrative compared to others.
- Commission rate: $200 /sale.
- Cookies Duration: 180 days.
- Payment Gateway: PayPal or Wire transfer.
- Sign up: Click here
Conclusion
I hope you started affiliate marketing as your business, and my final recommendation is, try to concentrate more on providing quality content and then promote it through your content. Nothing will happen overnight. But today, the step you take forward makes the big impact tomorrow.
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Hey,
1. How can u use YouTube as affiliate marketing tool. On which product or services I can use YouTube.
2. Which blog site I can use to start a website for free for affiliate marketing and how can I make it more attractive.. I mean the theme and all fancy stuff to make the blog more lively