Earning a passive income is the dream for many people, but it can be hard to know where to start.
Affiliate marketing is one of the best ways to create a passive income, but it can not be easy to get started if you don’t know where to begin.
Firstly, let me tell you that the affiliate marketing industry in the USA alone reaches $8.2 billion annually.
Wouldn’t you love to have some of that?
So, this affiliate marketing for beginners guide will teach you everything you need to know about getting started in this lucrative industry.
But, with hard work and a little bit of luck, you will be able to see a passive income that improves your life.
Affiliate Marketing For Beginners Ultimate Guide: Basics
To make money with affiliate marketing, it is essential to be aware of a few fundamentals regarding it.
This section will guide you through the business model and different types of services and products offered to the market.
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What is Affiliate Marketing?
It’s a form of marketing where you as an affiliate receive a fee from the sale of products or services you do not own. However, you get a product or service you like and want to promote, then suggest it to your followers.
84% of all publishers make money with affiliate marketing as per Web Market Support. It means that you have an enormous chance to make a lot of money online.
So, the affiliate marketing model is built upon revenue-sharing. This leads me to the second aspect of affiliate marketing which can be described as a business model.
So if you advertise an item or service, the business owner is the one who gets the profit; and on the other hand, you will earn a commission from it.
Note: If you are a freelancer, affiliate marketing and promoting Fiverr gigs are almost the same and the only thing to focus on is promoting and earning.
Affiliate Marketing For Beginners: Models
There are two major models of business that affiliate marketing can use Cost Per Action and Cost Per Sale. Therefore knowing these models can assist you in navigating your way to affiliate marketing.
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CPS (Cost Per Sale) Affiliate Marketing
This business model ensures that you earn money only when your clients purchase something from an affiliate link you provide.
It could be software or physical items such as gaming laptops or computer software. CPS retailers are both small and large. While sometimes, they even have brick-and-mortar businesses.
For instance, Amazon Associates assist you in making money when someone buys a product through your link.
Even if you drive millions of customers to Amazon’s e-commerce site, you will not earn any money as long as they buy.
CPA (Cost Per Action) Affiliate Marketing
CPA affiliate marketing speed has been increasing for a while. Because it’s a lot easier than CPS since you don’t require the sale to earn a commission, but it’s extremely competitive. Most affiliate marketers invest money in order to earn money.
For instance, Ian Fernando spent $8000 on advertising to earn $9500. This is $1500 of pure profit. It’s not bad! You must carefully consider every aspect.
This is because a small increase in the CPC can result in the loss of your business.
It’s not a problem and won’t often occur in the case of a niche marketer. That means you have to develop a landing page in the niched area.
Then, if you’re running ads, you’ll turn many visitors into customers, too. First, you must understand the kind of service you will promote through affiliates.
Types of Products or Services
There’s a range of services and products that you can select from.
Affiliate marketing could be the cost of a membership course or even physical items. So let me break them down into three broad categories and discuss them now.
Digital products are useful without a doubt. Since it is impossible to taste, hold, or touch a digital item, but you can still use it. For instance, you might like videos, and music but you’ll never be able to touch them or even taste them.
This is why you must promote it to receive commissions in affiliate marketing. But the majority of these products are streaming or downloadable digital files.
However, selling these digital files can be more challenging than physical items. So why is that? It’s because you are competing with online content that is free.
Digital products that have significant conversions are:
- Educational products like courses
- Memberships for Websites
- Templates or digital tools
- Art and music
- Licenses to make use of the digital assets you own
Then where can you get these digital affiliate marketing products? You might consider visiting some of the top platforms and networks like:
- CJ Affiliate
The list goes on, but sign up for an account to begin. After that, search for products suitable for your niche.
Then start to promote them and earn commissions from affiliate marketing. Affiliate marketers such as Pat Flynn make as much as $100K per month.
If you’re looking for a less competitive kind of product, opt for physical items. But it’s not that I’m saying you should sell iPhones since they’re still prevalent in the marketplace. However, you have the option of looking into many choices to pick from.
Here’s how you choose the physical item to use for advertising on affiliate marketing:
- Visit e-commerce giants such as eBay, Alibaba, or Amazon
- Search for product categories
- Read the positive reviews
- Select one of solid product
Then, you can begin creating content about it. Secondly, incorporate your affiliate link into it and earn commissions from your affiliates for every sale.
So if you’re interested in advertising physical items, consider Amazon Associates, the most powerful affiliate marketing program.
Since many may consider it digital items, however, I assume that online services are distinct. Services could be built on software as services (SAAS) as well as a soft skill. Then, it is possible to promote Saas products such as SEMRush and Canva.
Affiliate Marketing For Beginners – How to Get Started in 2022
This section of the post will provide an easy-to-follow guide for getting into affiliate marketing by 2022.
Therefore I will cover everything from choosing an item or service in order to track your progression on the process.
1 – Select a Product or Service
The first step is to select a service or product you would like to promote. Similarly to choosing the right niche for your website or blog. Why? Because if the niche you select is about soccer, then you’ll want to promote a football net and other related products.
Certain people pick a niche based on their desires. At the same time, some are more focused on money and choose the best product to market.
Whatever niche you select, you have to select a service or product for creating content around.
The most effective method of selecting the product for promotion is to look into affiliate networks or programs. This could include ShareASale, ClickBank, CJ, and other affiliate programs.
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2 – Set Up Your Landing Page or Website
To make money with affiliate marketing, you should have an online platform. It could be a website, blog as well as a landing page. However, this is where you post your content to assist your readers and promote various products to earn commissions.
Visit systeme.io It’s the homepage of system.io.
However, if you’re looking to make an online landing page or blog for free, here’s how to do it:
- Click to Systeme.io
- Sign in with your email
- Then click on the ‘Get Started Free.’
- Log into your System.io account
- Make landing page; sales funnel, etc
You can do everything without spending a dime as well as you only pay when you expand. This is why I believe systeme.io offers everything you require to set up an online business.
It is Cloudway’s landing page.
This is the page on which you introduce your idea to the audience.
Here’s how to start your blog and create your website:
- Purchase hosting from the top hosting providers
- Find a domain name from NameCheap
- Get WordPress to manage your website’s content
- Connect the hostname and domain name
- And begin making content in your niche.
It is possible to create a separate page to promote your target audience. Then, this page will be referred to as a landing page. So, if you are seeking to increase your sales, you should make as many posts as you are able to.
What should you do once you’ve created and published your blog post? Of course, put affiliate links into it. Then you can advertise your affiliate products with:
- PrettyLinks (Plugin which allows you to integrate Affiliate links easily)
- Banner ads (Copy this affiliate link and insert it on the blog)
- Recommendations Page (That’s an excellent page to promote the product)
- Tips, tutorials, and guides (Make value content to the target audience to make them trust)
Many marketers wait after they’ve published content for their particular niche. But I would suggest that you conduct campaigns and actively promote your content in various media.
3 – Run the Ad Campaigns
The Running of campaigns via social media, email marketing, or search engines is the best way to make money with affiliate marketing.
Campaigns can be both paid and free as well. However, the process of running paid campaigns is faster than those that are free.
This is the way to conduct a marketing campaign using email:
- Begin making your list with Lead magnets as well as other
- Choose your goals and adhere to them
- Understand your audience
- Make amazing opt-ins
- Create your email lists and plan them out as well.
- Create the perfect subject line
- Connect to email marketing services like Constant Contact or Convertkit
- As well as you can use Systeme.io
- Create an email drip campaign
Then start sending emails to your followers as well as engaging with them and being hospitable. Be understanding and helpful. Then, gradually, you’ll gain trust, and you will begin to earn profits from affiliate commissions.
Here are the steps to run an online social media campaign:
- Determine the objective the campaign will pursue
- Understand your audience
- Create a content calendar for the month, week, and the year
- Select the best social media network (where your target audience spends much time)
- As well as design Visual content
- Schedule the posts and track the response
- Continue to follow up and begin promoting the product
The process of running a campaign isn’t only about conducting it. But it is important to continue reviewing the results and acting accordingly.
One of the best tips I’d offer is to study some of the most effective campaigns. So you will come to know what you have to do.
4 – Analyze & Track Your Progress
Examining your progress is essential to provide long-term success. However, it’s not that difficult, and you don’t require the latest technology to achieve this.
Since all you have to do is be attentive to the affiliate program’s dashboard that you choose.
However, analyzing and tracking your progress can be difficult when working with multiple affiliate programs.
Therefore, you might consider using Linko.Me. Meanwhile, it lets you monitor and review all your web hyperlinks in one location.
- Visit Linko.Me
- Sign up for your free account here
- Begin shortening and improving your hyperlinks
- Navigate to your dashboard after you have logged in
- Analyze and track the advancement
Linko.Me is not just the top URL shortener but also a complete link management tool. So, it can also help you create an all-in-one link to your hyperlinks and create quick landing pages.
To complete this affiliate marketing for beginners, check Best Affiliate Programs For Beginners to skyrocket your affiliate commissions.
This is all for now. So I hope this affiliate marketing for beginners can help you begin by following these 4 easy steps:
1 – Select an affiliate product,
2 – Create your blog,
3 – Create campaigns, and
4 – Track your progress.