Affiliate Marketing: A Beginner’s Guide 2024
Are you looking for a way to make money online without creating your own products or offering a service?
If so, affiliate marketing might be the answer.
In this guide, we’ll cover everything you need to know about affiliate marketing, including what it is, how it works, and how to get started.
Take the first step and earn up to $10k in just a few days.
What is Affiliate Marketing?
Affiliate marketing is a type of performance-based marketing where you promote another company’s product or service.
When someone purchases through your affiliate link, you earn a commission.
These commissions are usually a percentage of the sale price or a fixed amount.
Why Should You Do Affiliate Marketing?
Here are reasons why you should consider doing affiliate marketing:
Low-cost and low risk: Starting a business can be risky and expensive because there are upfront costs for products, employees, equipment, rent, etc.
With affiliate marketing, all you need is a website.
If it doesn’t work out, you’ve only wasted time and a little bit of money.
Easy to scale: A typical salesperson only sells products from one company.
As an affiliate marketer, you can promote products from many different companies and earn commissions from all of them.
How Does Affiliate Marketing Work?
Upon joining an affiliate program, you get a unique link that contains a tracking ID.
This allows the merchant to track if you’ve referred customers to them.
People who click on your link also get a tiny file called a cookie stored on their device.
This (usually) holds an expiry date, so you get paid even if they delay buying for a while.
Here’s an example of how it works: Someone visits your post on the best winter jackets.
They click the Amazon affiliate link for one of your recommendations.
They close their browser to pick their kid up from school.
They go back to Amazon the next day to check out the product again.
They buy the recommended product, along with some ski gear.
Thanks to the affiliate cookie stored on this person’s device, you earn a commission on the recommended product and the ski gear.
Take the first step and earn up to $10k in just a few days.
How Much Money Do Affiliate Marketers Make?
Most affiliate marketers earn less than $10K per year.
That’s according to a survey from Influencer Marketing Hub.
Yet, roughly one in six (16.87%) make $50k per year or more.
Keep in mind though that these people have done an excellent job building their brand.
How to Get Started with Affiliate Marketing?
Here are the steps to get started with affiliate marketing:
Choose your niche: Choose a niche that you’re passionate about and that has a large audience.
This could be anything from cooking to fashion to technology.
Create a website: Create a website or blog where you can promote products related to your niche.
You can use platforms like WordPress or Wix to create your website.
Join affiliate programs: Join affiliate programs related to your niche.
Some popular affiliate programs include Amazon Associates, Click Bank, and Commission Junction.
Create content: Create high-quality content related to your niche.
This could be blogging posts, videos, or social media posts.
Promote your content: Promote your content on social media, forums, and other websites related to your niche.
Track your results: Use tools like Google Analytics to track your results and see which products are selling the most.
Optimize your strategy: Use the data you collect to optimize your strategy and improve your results.
Conclusion
Affiliate marketing is a great way to make money online without creating your own products or offering a service.
It’s low-cost, low-risk, and easy to scale.
By following the steps outlined in this guide, you can get started with affiliate marketing and start earning commissions today.
Take the first step and earn up to $10k in just a few days.
