How to start affiliate marketing business
We are currently living in an online digital world. that means people making money through online. They can sell their own products to marketplace like Amazon, e-bay, Alibaba. Or they can become a reseller (Selling other people product), dropship (they don’t keep a product it sells on stock, instead when a store have a sell through this model, they purchase the itme from third party and shipped it directly to the customer, as the result the seller doesn’t have to handle the product directly).
There are many type of making money through online. In this article I will explain other method called Affiliate Marketing.
What is Affiliate Marketing?
Affiliate Marketing is a type of marketing where people sell other’s company products or services and in return they get commission from that company. The people who are recommending other’ products and services are called “affiliates”.
In order to promotes or referring products to other people they use various of channels like websites, blogs, social media platforms, forums, community group, and others. Whenever someone purchases any promoted products through those links. The affiliates get a commission out of that sale, the more sales you get. The larger commission amount as well you get to your pocket.
Here are the steps to begin Affiliate Marketing:
- Choose the products or services that you want to promote
Choosing a category is sometime can be tiresome as there are many competitive niches out there. So, you need to find a niche that you are familiar with. Next, you need to write an articles about the product or service that you already chose.
You should be able to answered if someone asks you something about that product. Buyer wants to clarify all the doubts before purchasing any product. The best strategy is not to choose highly competitive niche in the beginning. Because it will hard to sell later because of the competition between affiliates.
- Create a blog or website
Once you already choose your niche of product or service. You need to have an online platform to promote those product. Creating blog is very easy nowadays, you can choose a free blog like blogspot.com or wordpress.com. Or you can choose you own domain name and a good hosting plan.
Speaking about hosting, I would recommend Bluehost as your hosting. As they have a variety of plans to choose from and their support is the best in industry. Bluehost use WordPress, so it will be easy for your to create a good website without coding knowledge.
- Sign up for Affiliate Program
Once you are done with choosing domain name and hosting for your site. Now you have to choose affiliate program for those product that you are promoting.
A good affiliate program is the one that very much needed, one that pay good commission for you later. There are many affiliate marketing network, you need choose the one that fit you in term of products or service that you are familiar with and also the requirements of that affiliate program that you registered with.
- Selection of the product
Once you have chosen the category, it’s time to choose the products which you will be promoting on your website or blog. You need to do complete research of your own.
Here you need to find the best performing product, which have a good commission, in addition have a good reviews. you can do competitor analysis here as to what kind of product that your customer likely to buy.
- Create a good content about that product or service
Now come to the important part of affiliate marketing, which is writing a content for selling a product. Here our aim should be compel the audience to purchase a product rather then providing only information.
Here are some content which really works best for Affiliate Marketing:
- Comparison blogs
you need to compare from one product with other product, please note that you need to be unbiased while writing this article and provide everything like feature, pros and cons of those products that you are comparing. These type of articles are most appreciate by buyers as they will know what kind of product that they will choose.
- ‘How to’ articles
This kind of article usually tutorial which provide the way you can use the listed product for daily use. Buyers will more understand about that product and eventually they will buy it if they found useful for them.
- Product or service review
This kind of article focus on review a product, which provide a detailed insight of the product that buyer plan to buy.
You might wonder of the benefit of Affiliate Marketing compare to other method to look for money in online, here are the benefit:
- You don’t need to make any product, rather you only need to focus on promoting others’ product.
- Selling is the main focus here, the rest of the process like storage, packaging and delivery is done by the seller itself.
- There is no investment in affiliate marketing, you can use free blog if you want to for starter.
- With work hard, you can earn passive income here. In the beginning you need to pay an attention so later you can have a good passive income.
- The additional revenue stream will make you financially independent
- A non technical person can also do affiliate marketing and begin to generate income, you just need to learn continuously to have a good understanding of affiliate marketing
Affiliate Disclaimer :Some of the links in this post are affiliate links. So This means if you click on the link and purchase the item, I will receive an affiliate commission at no extra cost to you.