Affiliate marketing online is one of the easiest and fastest ways to make money. Many webmasters believe that their earning potential is already with pay-per-click programs and the revenue based on the traffic they generate is nowhere near satisfied. Hence, they switched to affiliate marketing.
Affiliate marketing is a way to earn money by promoting other products or services and earning commissions when a sale is been done. You do not have the details of buying and selling to go and neither set up a website yo sell a product. You only promote or rather compel your readers to purchase a product or service, and earn money when a sale is made. Affiliate marketing works on a commission-based referral system where you sign up for an affiliate program and earn through the sales.
Before I tell you how you can be a successful affiliate, I must mention that, like all other professions 9-5, you have to work hard and a huge investment of time and effort will be needed.
Why Going Into Affiliate When You Have Adsense?
This question is the main reason webmasters do not go for affiliate programs. They have AdSense and they receive a check each month. They earn somewhere between $ 0.5-2.0 per thousand visitors and are fine for them (at least). But have you noticed that the big drop in the cost per clicks of these programs? The revenue will go down and you hardly get clicks that are generated as a result of people banner blindness?
Furthermore, you will always get a risk of getting your account been disabled - as the first place If they accept you. There are so many bloggers who has a well-maintained blog with more than 2k visitors per day mostly from search engines and Google denies participation in the AdSense program.
So, if you are banned, not earning a lot of CPCs programs, if you believe you need more revenue, not satisfied with your current earnings, then Affiliate marketing is for you.
How To Become A Successful Affiliate?
1.NicheNiche is the main contributing factor in your success. Focusing on a particular niche will be more profitable earlier that selling everything.Focus on a specific audience and stick to specific products.
Evolve around the niche you build and promote products and services related to it.
For example, if you are into niche blogging, you can promote Hootsuite, WPengine Genesis themes etc.
2.Marketing
Like other advertising companies, necessary traffic is needed. You need to show your presence on social media and search engines. You need targeted traffic and purchasing traffic will not help much. Search Engine traffic is considered to be highly targeted and you will have to go through search engine optimization practices and also market your blog. If your blog is discovered in the search engine, which will prove that your blog is related to the search.
3 Research Your Audience
Providing wrong products for your audience will ultimately lead to your failure in affiliate marketing. You have to know your audience. You need to know which category the readers of your blog are. This is the reason why the selecting a particular niche is good. Someone searching for information about PSP games will be more interested in buying games instead of books and novels.
4.Choose The Right Partner
Webmasters have opposite opinions about sticking to a particular branch. There are various affiliate services such as ShareASale, Commission Junction, Amazon Associates etc.
Amazon is so big that almost anything can be bought.
The point is that all these branches will be almost the same work. Some have a better percentage commission compared to others. You need to market research before you get into an affiliate program and decide which is best for you.
5 It Will Take Some Time
Do not lose hope. It will take time to earn money from affiliate marketing. Do you have a thousand visitors on the day you opened your blog? Surely not. You have to market themselves, build an audience, generate traffic and wait for better results. There are people who earn five figure income from affiliate marketing. Alternatively you can be one.
Final Words:
If you are an AdSense publisher and you do not really want to switch to affiliate marketing, you can try in addition to AdSense.
Monitor your statistics and improvise accordingly.
These are some of my affiliate marketing tips for beginners. Is not to relax after reading this article. Try yourself and do some experiments. And you are going to become a successful affiliate marketer.
Success!