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How To Boost Your Income With Affiliate Marketing

How To Boost Your Income With Affiliate Marketing

Do you want to create some passive income? I think everybody wants to! One of the best ways to boosting income and making money is with affiliate marketing. Let’s dive in shall we.

Affiliate marketing can help you make money while you sleep by promoting somebody else’s products on your website or social media page. You will earn a commission of the sales that are generated through your marketing efforts.

Here’s a very clear definition of what affiliate marketing is, according to digital marketing thought leader Pat Flynn: “Affiliate marketing is the process of earning a commission by promoting other people’s (or company’s) products. You find a product you like, promote it to others and earn a piece of the profit for each sale that you make.” Basically an affiliate is someone who directs someone else to a product by using an affiliate link in most cases.

But first, you must learn the trade secrets of affiliate marketing: the parties involved in the process, the types of affiliate marketing channels, how to get paid and the tips for success. One of the best ways to learn this is through an affiliate marketing course. One of the best ones I have found is right here 

How Does Affiliate Marketing Work?

Affiliate marketing works by separating parts of the digital marketing process. By sharing the responsibilities of creation and product marketing, it enables a successful marketing strategy where partners share in the profits. This might sound a little complicated but really it isn’t.

It begins with three people: the vendor or product owner/the brand, the affiliate/promoter, and the customer. These three parties have an interconnected relationship with one another when developing affiliate marketing. Each party shares the responsibility for success.

The vendor provides a product or service to the affiliate, who in turn promotes the product or service to their own established audience. When consumers buy the goods, the affiliate gets a commission. I find that the affiliates with the most success have a niche which helps target down thier audience.

Collecting payment from affiliated marketing is automated. Once you set up the parameters, your work is done until it’s time to check the deposits at your bank. You can be paid by every sale, every lead or every click, depending on what’s agreed on between you and the vendor or product owner.

Types Of Affiliate Marketing Channels

Vendors and affiliates have a vested interest in grabbing the audience’s attention. Affiliates and vendors have several advertising options to expand their audience while narrowing down their target audience. Here are five different channels to experiment with:

• Reviews Or Content On Blogs: Offer your products to bloggers to sample and post a review for their followers on their site. This channel gets your product listed high in search engine rankings with little effort. This is the best way and most long lasting.

• Influencer Site Owners Or Individuals Who Own Popular Sites: These site owners have a strong following of loyal readers who often strive to be more like the influencer. When your product sells, the influencer takes a share of the profit.

• Paid Ads On Micro-sites: This includes placing a sponsored ad on a search engine page or paying for an ad on a partner’s site. This is a simple, direct call to action to a specific audience.

• Email Marketing Lists: Affiliates promote the seller’s products via email lists, newsletters and digital marketing campaigns.

Large Media Websites: These are websites that specialize in a full array of marketing services. These sites use banner ads and affiliate links to draw enormous audiences

Becoming An Affiliate Marketer

In my opinion, getting a passive income is the biggest reason to become an affiliate marketer. Make money online while you’re running errands, watching TV or setting up even more affiliate marketing campaigns. But there are more reasons to pursue affiliate marketing.
Sell just 2 clients a month and you're looking at $87K net!

As an affiliate marketer, your role is to link up the seller and the customer — the seller takes care of the post-sale activity, not you. It is a low-cost/no-cost startup, so you won’t need to have a stash of cash or take out a business loan. Ultimately, you decide your own paycheck based on how much or how little you want to work, and you can work independently from home.

If you already have a strong following on social media and on your website, all you have to do is find affiliates to work with who have products that are related to your content and set up the promotion and payment.

Here are my tips for success: 

• Find and cultivate a niche. Choose products and services within your niche and promote them with sincerity. Tailor your campaign to that niche. A niche is no more than a topic you are passionate and knowledgable about.This is important because if you do get a website ( highly reccomended) you ill be writing a lot of content around that niche.

Think quality over quantity. A few quality campaigns or articles are better than numerous products that are poorly promoted.

• Generate traffic from multiple sources. Utilize your website, Google Adwords, social media, etc. Stay current on new affiliate marketing strategies and don’t be afraid to try something new.

• Track and analyze. Do split testing, change the positioning of your ads, and find your sweet spot. Frequently test your marketing strategies, and don’t get lax.

• Research product demand. Products with low demand won’t sell even if the marketing effort is strong.

• Your seller’s reputation affects yours. Choose your vendors wisely and work with products that you believe in with reliable reputations. Unhappy customers won’t revisit your site.

• Don’t become stagnant. Stay current on new affiliate marketing strategies and don’t be afraid to try something new.

Marketing is all about getting as much income as possible for the time you put in.That statement is true however it is also about providing quality.Become a brand and authority. Affiliate marketing allows you to put in a small amount of time with little upfront investment in return for a steady flow of passive income. It doesn’t get any better than that.

If you want to learn more on how to do affiliate marketing right than take a close look at my # one platform for everything affiliate marketing.

You get the tools

  • hosting
  • websites – you can start with 2 free sites to get your feet wet
  • ssl for every website free or paid
  • training and more training – step by step videos nothing left out
  • Learn to become an expert and earn at the same time
  • keyword research tool – Jaaxy – one of the best in the business
  • Learn even more – SEO
  • Live webinars every Friday

You can find out more of what is included by reading my review  Invest In Your Future

And a wealth more! If you want to know affiliate marketing from the inside out than you owe it to yourself to

Take Action

If you have any questions,concerns or comments about this article or affiliate marketing in general let me know by dropping me a comment. If you want to boost your income with affiliate marketing than you have to do only one thing. Take Action! Here is to your success in the affiliate marketing world.

 


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10 comments

  1. You said I can start affiliate marketing with writing reviews on a blog, right? Do I need to know something special or I just write my opinion on the product? I already have a blog for a year and I think it goes pretty well, so I’m searching for ways to make money from it.

    I also think about starting YouTube videos. I’m so scared to do it, but I don’t always find the video I want online to put on my posts so I think it’s time.

    1. Hello I just answered your other question in the above comment. YouTube I have not done yet however I will be in the next year. They are the second biggest search engine outside of google. So well worth getting into.

  2. Hello Cathy! You did a great job in breaking down what Affiliate Marketing is. It is not always an easy thing to convey to others. I never thought of researching product demand . How exactly do you do that? That might be a place where I can become a better Affiliate Marketer. 

    Would that also be tied to the keywords and my ability to find great keywords for my website? 

    1. It is a great business model but your right affiliate marketing is hard to explain to someone just starting out. To answer your question about in demand products one of the best ways I have found is to research google trends they do a great job on figuring out what customers are looking for. One of the best ones right now are in the BIFL( buy it for life ) category

  3. This was an excellent overview and guide on how to boost your income with affiliate marketing. I think most of us would like to create an additional stream of income, and especially those of us who are in the retirement age this is true. No matter if you have another source of some income, a little more helps.

    Reading through your guide and recommendations, it seems like affiliate marketing is a very good option to get some extra income in place. Of course, as with any endeavor, there is some “legwork” required to get this in place. If you do not have some plan or guide, the chances are you will not have success.

    This is why I like that you have included a platform to get the training and have access to the resources that are needed to get a viable affiliate business in place. Most certainly the path to success will be faster using such a service as the Wealthy Affiliate platform. Thanks for the information and advice!

    1. Absolutely affiliate marketing is awesome but with any type of business you have to have a plan and a platform in order to build a foundation on.

  4. You said I can start affiliate marketing with writing reviews on a blog, right? Do I need to know something special or I just write my opinion on the product? I already have a blog for a year and I think it goes pretty well, so I’m searching for ways to make money from it.

    1. Yes you can start affiliate marketing with reviews the key to this is learning and applying seo keywords to your review this is what gives you organic search traffic from google bing etc. You can learn how by using a platform such as Wealthy Affiliate that teaches you step by step on how to monetize your reviews and blog

  5. Hi!

    Great post and very to the point, very concise and clear! I wish I had read something like your article when I start learning about Affiliate Marketing. I agree with your recommendations, and I have already begun with my own niche blog just a few months ago. But what do you think it is key to success in the long term? I think many people start affiliate marketing, but sometimes they lose motivation as time goes by, and it is not easy for them to be persistent. What do you it’s the best way to change frustration? 

    Best, 

    Mariana

    1. The best key to success I hate to say it is consistency. Consistency in your article writing,consistency in your research,consistency in your learning and implementing seo techniques. It really comes down to mindset. If you approach affiliate marketing as a business – your business – That really is the key!

      That is what separates the successful from the ones that give up. The affiliate marketing business model is awesome and it really will give you passive income in the long run but like every other business it does take time and education in order to achieve it.

      You got this and it sounds like you are off to a great start. If you have any questions feel free to reach out to me.

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