Have you been asking yourself, how to start an online affiliate marketing business? Or just any other online business.
Well as simple as it may sounds, to start affiliate marketing online is pretty much the same as with any other business.
First of all, you, want to have your own website. In the past, it was also easy to have such business via social media or other blogs, but these days you want to rely on yourself only. That is why it is highly recommended to have your own website.
Think about it. It is like having a real store on the avenue. People go to buy stuff in your store ask for help recommendations, or just stop by to have a look. Your store is your website.
With affiliate marketing, you do not have to own any product in your store/website. Your only task is to give your visitors an honest opinion, objective advice, and to transfer them to another shop/website where they actually buy the product.
Basically you are like an adviser or consultant who gives your audience a non-biased opinion about a specific product in a specialized field. In a specialized field where you are an authority or at least know more about than the actual customer.
So here comes one of the biggest advantages of having an affiliate marketing business. You don’t have to deal with any physical product, you don’t have to worry about ordering the product from supplier or shipping – nothing of the sort.
We are going to break down the concept in 4 different steps.
Table of Contents
Is Affiliate Marketing for Beginners?
Affiliate Marketing is the easiest way how to start earning online.
Let me point out though that it is not a push-button system – everyone must realize that it takes effort and a little bit of time as well.
- Effort – You have to create a certain amount of content on your website (or on YouTube as well). It may take up to a year until the major search engines like google will start to rank your content – your website.
One must follow some strategy in other to rank well, otherwise, it will be just a waste of time. There are tons of content already online so it is hard to get on the 1st page without a proper guideline.
- Time – We have already touched that as well in the previous paragraph. It is necessary to be patient and persistent.
Tho good news is that you don’t have to chase anybody – you don’t have to make cold calls, cold emails – nothing like that.
You simply keep writing the content (applying specific rules, which you can learn from scratch) publish it and people will find you.
Find Your Niche – What is a Niche
I have mentioned the specialized field above. What do I mean by that? Before you purchase any domain (where you will build your website) you should stop for a moment and think about your interests or hobbies. That way you choose the direction you want to go to your business.
Whether it is ice hockey, coffee machines, healthy food, children’s books – whatever you choose, let’s call it niche. You probably heard about this term in relation to an online business.
If none of the interest comes in your mind, let me share with you the following link where you can pick any niche you want.
As you might have guessed, Amazon is the largest e-commerce company on Earth and by browsing through the selections you sure will be able to pick up your niche.
Even if you don’t feel like being passionate about a particular niche; as soon as you are interested in the specific area and you are willing to learn something, you already know more than the majority of people on the internet.
You will learn more down the road, and soon you can be an authority in your chosen niche.
Website – What Kind Of Website You need
The website is your store. It does not have to look perfect and shiny. It must be clean, practical, readable with a lot of useful content inside.
Now that you have chosen your niche, you can do more research and your site will grow. You will be adding more content to it, more information that people will find helpful.
Let’s say your niche is Coffee Makers Under $100. That is a nice specific niche. Now you will be describing several products in that price range. Ideally, the best way to write such a review is to buy a few such products and test them on your own. I understand that many of us do not have extra bucks to buy 5 different coffee makers.
There is a workaround. You can do your due diligence and pay a visit to a store with coffee makers. You ask the seller a bunch of questions, you take catalogs, you ask which one is a best-seller, which one has some issues and so on.
On top of it, go check the Amazon and down under each product you find customer reviews. You read as much as you can. Read through the 5 stars reviews, 1-star reviews. And there is a value in 3 stars review as well.
Basically, with all this info you gather, you come up with a report. That is your product review. Make sure that your opinions are not biased and you give as objective info as possible. You let your reader pick up the product.
- For your review pick the products with the best customer reviews. You want to mention the pros and cons of the product. Since you describe the best of products it would be easy to come up with more pros than cons.
- Sell without selling – You do not want to sound like a used car dealer. Let the reader choose. Leave the decision up to him. Remember that you are here to give him thorough information. He will choose which ones suit him best.
- For the graphic purpose, whether it is your logo or some pictures I recommend using Canva. It is a graphic-design tool website. You can come up with a logo in minutes.
- You can also use YouTube videos. How do you know which ones are allowed? – Go check any YouTube videos, click on Share then Embed. On the right-hand side, you see like a text in code. If that text is copy-able, you have the right to use such a video. It is not restricted to sharing.
Attracting Visitors – Free Traffic
How do you let people know about your new business? In the real store example, you would probably have a billboard somewhere close to your location advertising the new opening. You would pay the ads on a local radio show. You can send flyers yo nearby residential areas.
That is all paid advertisement which can be applied in the online world as well. Either google ads or Facebook ads. Actually Facebook ads can be really targeted very specifically so you can get a good ROI. (Return on Investment).
The good news is, that you can even attract your audience for free in the online world.
How? You want to be adding more content to your website. You want to have valuable information that the audience will find helpful and will be getting back to your site. They leave comments on your posts – they ask questions and you won’t engage with them.
If your content is good, then the search engines will find your website and they will put you on firs pages. We talking about Google, bing, and yahoo.
There are many aspects that determine how well your site will be ranked. We will talk about it later – it is rather a more complicated, but with certain rules very doable. There are sites that can be ranked on first pages within days.
So, you are right – here is the catch. You don’t need money to get traffic – you need time.
If you are not willing to invest the time into affiliate marketing, you probably need to go to find another way how to make money.
Starting an affiliate marketing can be also frustrating at the beginning. But if you follow certain rules and you keep getting content into your site, you get to the point where traffic will grow exponentially, and there it hits the point where you earning money 24/7 365 days year.
Here we can start talking about a passive income. You basically earning money while you are asleep. And that is the real beauty of it, isn’t it?
In the next section of this post, we are going to touch the element of monetizing the website.
Monetize Your Website
We are finally getting closer to the goal here and that is making money from your website.
You have your website with reviews of several products, with information useful for the final user. Now you want to send your visitor to another website where he actually can purchase the product.
You send him there via the special link you embedded in our site. How do you obtain such a link?
You must sign up for one of the Affiliate Programs. These days almost every major player in business offer such affiliate programs, including Nike, Amazon, Walmart, Apple and so on.
Let’s start with the most common one – Amazon. You can easily join the Amazon affiliate program.
Follow the instructions and you will get your unique ID. Now once you are signed in, you can browse any product inside amazon and you will always have the option to copy the link directing to that specific product.
Use this link in your content regarding that specific product. Visitor by clicking at that link is redirected to Amazon. Amazon knows where the customer is coming from. The customer pays for the product and Amazon pays you the commission.
Also, be aware that the commission varies based on the product. The whole amazon commission structure you can see below.
Looking at the commission structure you may lean towards the products with 4% and above.
Also as a rule – you want to deal with products with forgettable prices. Something around $40-$60 minimum. Depending on the niche, of course, you can do reviews on more expensive items – even several hundred dollars.
Let me share with you one inspirational story about Amazon.
Pros and Cons of Affiliate Marketing Business
At the end, I would like you to know that there are also negative sites of affiliate marketing. Well, nothing is perfect and when it comes to building a business we want to realize both pros and cons.
You remember that we use the link from Amazon on our website. Visitors by clicking at the link will get directly to the product. It may happen that this product is not available anymore and the visitor gets to nowhere. He may leave the site and you lose the commission.
That is why you have to keep an eye on the availability of products you do review about.
Depending on your chosen niche it may take several months that you build enough traffic to point that you start to earn 3 figures. So One has to pick the right niche and also it is essential to use the right keywords. We will be talking about that in another article.
As already mentioned, some products have a very low commission. So you want to be careful there as well.
But other than that once you have your affiliate business running you can earn 4 figures month after months.
I want to end on a positive note
- you don’t need to deal with product
- you do not pack nor ship the items
- customer service is handled by Amazon or manufacturer
- once done properly – a very good source of passive income
I might have forgotten something. So please if there is anything that is not clear to you, let me know in the comment below. l will do my best to give you feedback as soon as I can.