So just get right into the Affiliate Marketing definition., “it's a form of marketing where you advertise another company's products or services and you earn a commission for each product or service that you sell”.
So the overall commission that you earn is really dependent on whatever product or
services that you're advertising and the way affiliate marketing works is you try
to drive people generally to your website and when they get to your website you
have another company's products or services either recommended or for sale on
your website so every click and sale you drive is recorded through an affiliate
marketing network and for each sale that you generate you're able to earn a set
commission for each of those sales.
So for example, if you're earning a 5% Commission for each $100 the sale that you send you to earn five dollars so the big benefit of affiliate marketing
are you don't have to carry so many products in your stock so that generally
means that the margins are a little bit smaller than if you would carry a lot
of inventory and if you set your own prices for products that you were carrying
but there's also no upfront fee for getting started with affiliate marketing
now obviously you're gonna have to put some time into it there might be some
small costs with creating a website but I'm gonna get into some more things
about affiliate marketing including who is involved with every transaction and
everything that you need to know to get started.
So if you're wondering how to become an affiliate marketer the main way to do it is to create a website focused on a topic right SEO friendly
content based on your keyword so ultimately the goal was to drive targeted
traffic to your website because that's gonna help you drive affiliate marketing
sales so any successful affiliate website generally has a lot of traffic going
to it from people that are searching things into Google into Bing people who
are finding your website through social media and really it's based around
having a lot of helpful search engine friendly content that ranks in search
engines so you're able to drive a lot of traffic to your website for products
and services that people are actually looking for and interested in.
So I'm gonna go over some examples of affiliate websites and some different
ideas so you can understand really how to get started as an affiliate marketer
so now when it comes to who is involved with affiliate marketing there's really
four parties involved there's the merchant so that's the company that is
selling the product or service there's the affiliate marketer/publisher so
that would be you so that's the person who is promoting the product or service
there's the network so this is the exchange where merchants and publishers are
able to meet the network keep track of all the clicks that you drive all the
sales that you drive and there's the customer so that's whoever is buying the
product or service so for each affiliate marketing transaction each of these
four parties are involved so the merchant generally keeps track of all the inventory they have whatever the product or service is for sale and they're the
ones that handle each transaction the affiliate marketer is responsible for
driving clicks to the merchant which is all monitored by the network and the
customer is ultimately who's gonna end up buying the product or service.
So some popular affiliate marketing networks there's Amazon
Associates a win' ShareASale Clickbank CJ affiliate Max bounty Rakuten marketing
flex offers there's the eBay Partner Network and then there's another affiliate
marketing networks like Target like Etsy so really the main way to know if the website has any affiliate marketing offers is to go to that website scroll to
the bottom and they'll generally have a link that says affiliates or you could just
do a quick Google search so if you search Bluehost Affiliate Network they're
gonna pull up the page right on Google it's gonna be the top result that says Bluehost
affiliates and you can sign up right through that link generally to get started
with any of these networks, you're gonna need a website that has some traffic
that has some content on it so you can't just say okay well I'm gonna be
promoting this offer they generally want to see some work done beforehand so
you can't just go in and get accepted to any affiliate marketing network that some of them are a little bit easier to get accepted into some
are very difficult to get accepted into and there really are looking for a
certain person to be an affiliate marketer for their products and services.
So it really depends on the affiliate marketing network that you
choose but these are a lot of the top ones that are available so if you want to
get started these are some of the ones that would look at you could also look
at just some of the offers that they have some of the products or services that
they're already selling and that can help guide what you want to actually
advertise as an affiliate marketer but one thing to keep in mind is that if
you're trying to become an affiliate marketer for something you have no
interest in it can be very difficult to stay motivated every single day.
So you really want to find something that you have some level of
interest in now last but not least and probably the main question that people
ask is how much can I earn from affiliate marketing so really you can earn a ton of money you can earn a full time living you can earn really six figures
some people earn seven figures but that's really few and far between most
affiliate marketers fail because they don't have any long term strategy they
see ok I can sell this product for $200 I earn 10 percent commission on it so
for every sale, I'm making $20 all I need to do is make 10 sales a day and I'm
able to earn a full-time living however it's not really that simple.
So it's pretty difficult to drive sales as an affiliate marketer
because you have a lot of competition because the upfront costs are very low
there's a lot of affiliate marketers so you need to look at a long term
strategy any and really successful affiliate marketers as I put here they work
tirelessly and they stick to their strategy you can only earn a lot of money if
you're working on your website your content your marketing every single day and
take it from me firsthand I've tried and failed a lot of times as an affiliate a marketer I've created plenty of websites that I've barely earned anything that
I basically broke even so it's not easy to earn from affiliate marketing.
So you need to work tirelessly at it you need to work every single
day and continue to improve your website and keep driving more and more traffic
to your website like I put in the previous slide more targeted traffic is gonna
equal more affiliate sales for whatever product or service it is that you're promoting.
Okay so now the next thing I want to get into are some affiliate marketing
example websites including some of my own websites so you can really see how
affiliate marketing works and some different options you have when you're
trying to promote products and services so beachfront decor company is basically
just an affiliate marketing web okay so if you go to beachfront a core company
and you look at some of the different products that are available here these
are all gonna bring you to amazon.com so when someone clicks on to learn more for
one of these products.
So we'll use this as an example they click on learn more it's
gonna bring them to amazon.com they can buy this product directly through
Amazon and if they buy the product through my product link then I'm gonna earn
a small commission for each product that sale that I generate so basically the beachfront decor has around 7,000 products on the website all of the most of
them go to amazon.com some go to wayfair.com as well and anytime
someone goes to one of these products they click through and they go to
amazon.com whether they buy this chair whether they buy anything from amazon.com
so Amazon has a 24-hour cookie so that means anything they buy within 24 hours
of a click to Amazon, I'm gonna get a commission for so sometimes people go here
they buy one product they buy completely different products.
I can see which products people buy and they're not always
beachfront or related they're not always related to home decor so really anything
that people buy from amazon.com I can earn a commission from now it might seem
like it's easy it might seem like there's a lot of earning potential here which
there is but it doesn't mean that it's always consistent there's gonna be some
big days there's gonna be some smaller days it depends on what you're driving
consistently now in addition to the shop where there's over 7,000
products here I also have a blog with over a hundred 70 posts so each of these
posts have a lot of text to them so this is an example of sunglasses wedding favors
so people are gonna find this page through search engines through some social
media so I do have some shares and tweets I don't know why they don't show up
here but people are gonna be able to find this page through organic search
through social media, you could also use paid advertising as long as your
website isn't just basically a small affiliate website as long as it's helpful
to people so if someone clicks through sees this website maybe they click right
here so these are Amazon ads.
So if they click through to here it's gonna go to Amazon if they
Click on these it's gonna go to Amazon so any of these learn more links scroll
down a little bit, there are more products down here so these ones are gonna goes
to some other affiliate marketing merchants pages where anybody buys something
I'm gonna get a cut of it these are through ShareASale com so I went over that previous
in one of the top affiliate marketing networks so I worked with ShareASale I work
with amazon.com I also work with a few other ones now these posts and curating
a lot of these images and these products takes a lot of time to put together
so you can't look at affiliate marketing as some get-rich-quick scheme.
I know a lot of people like to look at it like that but it's
really not it's very difficult to drive traffic to your website and
continuously drive sales so you're gonna have to really keep track of all the
content that you're producing and continue to produce content and use content
marketing strategies to bring in new traffic every single day now a few other
examples I don't own these websites but here's one hosting fax com so if you
come here basically it says 10 best web hosting services in 2019 this ranked
really high in Google so I just searched best hosting services and this is the page that came up so you can see right here Bluehost.
So if I click here to go to visit Bluehost I sign up whoever runs this
website is gonna earn a commission so it's the same for every single one of these
because they all have affiliate marketing programs if they're showing any of
these that don't have affiliate marketing programs and I go through and visit
it and click their sign up they're not going to earn anything at all but since
they're using affiliate marketing every single one that I go through and click
through if I do sign up they're going to earn a commission.
if I click here for the most part most affiliate networks don't
give you any commissions for just driving clicks some do generally
the Commission's are very small you usually have to drive a sale to earn
anything from affiliate marketing so it's a little bit different than google
AdSense.
If we come back over to my beachfront decor website right here
right here is a tailwind ad but it's run through Google Adsense so if someone
clicks this then I earn just based on that click this is not affiliate
marketing it's really just advertising so coming back to the hosting example
anything here so product reviews are really really popular way to do affiliate
marketing if you can create really good product reviews especially if you are
familiar with a lot of these different products you can really earn a lot from
this so you have to understand that there's a lot of work that goes into it you
can't just basically create your website and expect instant results it's gonna
take months and months of work to really get started earning from affiliate
marketing.
Now another example here is a website balding beards so it's saying
best hair growth products for men and women so I just searched best hair loss
products and I found this website on the first page of Google so you can see if
I scroll down right here it says to check on Amazon so if I click through this
link and buy it then they're gonna earn a commission so if I scroll down you
can see they have a nice list here of a lot of different popular hair loss
products for men and women so many of these that I click through I'm gonna end
up if I end up buying it they're gonna get a commission from it so it's a really popular way to do affiliate marketing is with reviews with lists kind of
showing what the best products are so it really depends on what you're
advertising but ultimately what you want to do is find a specific niche whether
it's web hosting whether it's beachfront or whether it's hair loss something like
that and if you're able to drive sales that way then you can earn from
affiliate marketing.
So hopefully that clears things up a little bit for what is an affiliate
marketing how does it work how to get started.
Video link from where this content is acquired https://youtu.be/u9Nv2HSqt7k
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