If you are looking for a means of making money online through affiliate marketing then this article is for you. In this article, you will learn the steps to take to start an affiliate marketing business.
Before you proceed to the steps to starting an affiliate marketing business, let’s look at what affiliate marketing is and why it is a lucrative online business.
Why Affiliate marketing?
Affiliate marketing is the promotion of other people’s products or services online through a unique link and getting commission when sales are made.
Here are some few reasons why affiliate marketing is a lucrative business
- Low startup cost: To an affiliate marketing business you don’t need to pay to join affiliate programs
- Hold no physical product: As an affiliate marketer, you do not hold physical product. You just promote other people product and there’s no risk involve.
- Work from anywhere: The flexibility of affiliate marketing is amazing, it is not like your regular 8-5 job. You can work from anywhere as long as you have internet access
- Passive Income: With affiliate marketing you can good passive income. Note that, this is not a get rich scheme, you need to put the necessary effort. But once you are set, streams of income will keep flowing in.
Step to starting an affiliate marketing business
Now, we have looked at what affiliate marketing is and why it is a good online business to do;
So, let’s look at the steps to starting your own affiliate marketing business.
- Pick a niche
Before you get started with affiliate marketing, you need to pick a product or service niche that you are interested in. For example, it could be a technology, health or beauty niche. Choosing a niche suitable for you, requires expertise or the in-depth knowledge you have concerning that niche.
- Search for Affiliate program
Search for affiliate programs where you can sign up to promote products in that niche you have expertise in. Some people are of the opinion that you choose a programs based on the payout. Choosing based on this criterion is good but make sure you have a little expertise on the product you want to promote especially if you are going to be writing blog reviews.
- Sign up
Once you have decided what affiliate program you want, sign up for it and you will be given a unique link to promote the product or service. This is your trackable link, when anybody clicks on your link and takes the necessary action for conversion, you will get your commission.
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How to promote your unique Affiliate link?
- Start a blog
Creating a blog your niche is a good way to start as an affiliate marketer. You write articles about your niche and embed your unique link in you post, when people click on your link it takes them the page of the product or services you are promoting. Additionally, you can write reviews of products or services in that niche. Developing a blog and driving huge traffic to a blog may take a while, but in the long run it will pay off when you have gained the traffic.
- Youtube Videos
Another way affiliate marketer promotes their products or services is via Youtube videos. They create youtube channels, do reviews of product or services or establish themselves ad a thought leader in that niche.
- Pay per click Ads
You can also promote your affiliate link through pay per click Ads on Facebook, Google, Instagram and the likes. However, some affiliate programs and even add platforms sometimes refuse promotion by PPC. May sure to check what promotion methods the specific affiliate program allows. Also, to avoid been ban from these advertising platforms like Google, ensure you direct traffic to your blog or landing page and not your affiliate link directly.
- Email Marketing
Have you ever heard of the money is in the list? Email marketing is a great way to promote your affiliate product, grow your email list and send your affiliate link to you list via emails. You can grow your email list by offering subscribers an irresistible offer in response for their email address. For example, you can offer them a free ebook, report etc.
- Whatsapp Marketing
Whatsapp is a great way to build your list and build trust with your leads. You can organize Whatsapp trainings to tell your leads about your affiliate products, and promotional offers. You can create Whatsapp groups for your affiliate products. Offer you people an irresistible offer in response to getting their contact.
In conclusion, whether you want to start your own business or grow an existing business, affiliate marketing is a great way to earn extra income. It has great potential of earning you huge passive income. Taking the right steps and strategy is a sure way to get you that six figure income you desire. Remember all it that is the right strategy, hard work and consistency.