If you want to make money online, or if you have a website already and want to monetize it, affiliate marketing can be a great way to do this.
But how does affiliate marketing work, what is the potential of it, and how do you get started?
In this beginners guide to affiliate marketing, I will explain you all this in a simple and clear way. After reading this article, you will know if affiliate marketing is for you and how to get started.
What is affiliate marketing and how do you make money on it?
Affiliate marketing can be a great way to make money online.
Simply explained, it is a way where companies for example get a website owner to promote their product or service. They will then pay the website owner a commission for this.
So if you have a website, you can recommend a certain product to your visitors. If you have an agreement with the company behind the product, and become a part of their affiliate program, you will get what is called an affiliate link. This is a tracking link you can put on your website. When somebody on your website then clicks this link to buy the product, the company will be able to see the sale is coming from your website, and you will then get paid a commission.
This mean that you can promote products online and get a commission for recommending or promoting them, but without having to have a webshop or a big storage with products. You will not be responsible for actually selling or shipping any products. You will just be the middleman.
The person that buys through your link will not pay anything extra. In some cases, you can even offer your website visitors a discount or bonus, if they click your link and end up buying the product or service you are recommending.
What kind of products/services can you promote?
So what kind of products, services and companies offer affiliate programs?
The short answer is – you can promote almost any kind of product or service through an affiliate program.
Affiliate marketing has become very popular for both companies and website owners, so almost no matter what kind of products, services, or niche you are interested in, you will be able to find many affiliate programs, you can become a part of.
Of course not all companies have an affiliate program, but there will almost for sure be some companies within any kind of niche that will have one. Some companies have their own affiliate program you can apply to become a part of on their website. Others are a member of what is called an affiliate network, which is a platform that will give you access to hundreds of different affiliate programs.
Also, there is a program like Amazon Associates, which is one of the most popular affiliate programs. It is Amazon’s own program, and once you are a member of this, you can promote any product that is sold on Amazon, which means you can get access to promote basically anything.
So there are plenty of opportunities no matter what you would like to promote, and the opportunities keep growing.
How much money can you make on affiliate marketing?
The potential of making money on affiliate marketing is huge. It all depends on you getting to know how to do it the right way (we will get to that below). But then there is basically no limits.
There are many people that are not just making a living from affiliate marketing, but making a VERY good living from it.
However, one thing you need to know – affiliate marketing is not a get-rich-quick thing. You can definitely make a lot of money, but it takes a lot of work. But if you put in the work, you can end up doing very well. In general, there is no real quick way of getting rich online. It of course happens, but it is very rare, and most programs that promises you that you can become rich within a month without any effort are just out to get your money.
So be assured that it is definitely possible to eventually make a good living online no matter what your previous experience is, but you have to make an effort for it.
Is affiliate marketing legit?
After reading the above, you might wonder if affiliate marketing is a legit and ethical way to make money. I know I was wondering this in the beginning.
It is definitely a legit way to make money, and most of the biggest companies in the world have affiliate programs. So it is definitely legit.
I just strongly encourage you to also make sure you do it in an ethical way. Since you get a commission for promoting products/services, there are of course people that get carried away and just say whatever it takes to make somebody click their affiliate links.
This is not a good approach. Do not focus on just selling, and do not recommend products that you are not truly recommending just to make a sale. If you do, people will quickly lose trust in you, and you will not be able to build a long term business.
The most successful affiliate marketers are people that first of all provide valuable information. They make an effort to help people and give them legit information. When that is the case, people will happily click your affiliate links and buy, because you have spent a lot of time researching and writing and made it easy for them. Then it is a win-win situation – your website visitor get easy access to a lot of valuable information, and you get a commission for all your hard work.
So it is of course up to you, but I strongly encourage you to only promote products, you are truly recommending, and also focus on how your info can help people. Then the commissions will come and keep growing, and you can at the same time feel good about what you are doing.
Affiliate marketing step-by-step
Before I explain you how you can easily get started with affiliate marketing for free, you need to understand the basic principles of how to build and run an affiliate marketing business. It can be explained in these 4 steps:
Below, I will just shortly expand a little more about each of these steps, and then I will show you how to get started with them.
Step 1 – Choose a topic:
An amazing thing about affiliate marketing is that you can make money on your passion. No matter the topic you are interested in, you will for sure be able to have an audience for it.
There are around 4 billion people online. So even if you think there might not be an audience for the topic you are interested in, you can be sure there will be.
So no matter if you are interested in winter boots, basketball, playing an instrument, flowers, video games, organic clothing or anything else, you will be able to build a business based on this. So you will be able to learn and build a business while having fun and engaging in a topic you love.
Step 2 – Build a website:
Once you have chosen your topic/niche, you have to build a website. This is not as scary as it might sound, and you can start doing this, even if you have no experience at all. Below, I will show you have you can get started to learn this step-by-step for free.
Your website will be your main presentation of your topic and business. Any revenue will come as a result of your website and it is therefore an important part of your affiliate mwárketing business.
Step 3 – Attract visitors:
After building a website, you need to attract visitors to it. Without visitors, there will be no business. That is the same as any offline business. The more visitors you get to your website, the more opportunities you will have to earn money.
There are a number of ways you can attract visitors, and below I will also tell you more about how you can get started with this.
Step 4 – Monetize the traffic:
Once you have traffic on your website, the possibilities are endless. You can keep growing your traffic, and then you have many opportunities to earn money in it.
One of the opportunities is of course affiliate marketing, as I have explained above, which is an excellent way to monetize your website.
Get started for free
One thing that is great about affiliate marketing is that it does not have to cost anything to get started and test, if it is for you. And if you find out you want to build an online business like this, you can with very little investment really make your business grow.
I have worked with online marketing for a long time, but for many years I did not know anything about affiliate marketing. After hearing about it, I started looking more into it, but found that it was difficult to find any good information about how to get started with it.
That was when I found the learning platform Wealthy Affiliate. This is an amazing platform that I highly recommend. It will teach you the whole process described above step-by-step no matter your previous experience. I am myself a member of the platform, and enjoy learning more there every day. You can join and get started for free, so if you want to start making money on affiliate marketing, you should definitely check Wealthy Affiliate out below.
If you have any questions or need any help, just leave a comment below. I will be more than happy to help.