Affiliate marketing is the most profitable way to make money online. Want to understand what is Affiliate marketing? Keep reading to learn everything about this popular passive income method.
I got to know about Affiliate marketing in 2008 and within a few months, I started earning a decent income from it. Since back in those days, it was a completely new concept, I also started publishing a monthly income report to inspire and motivate users like you to know more about affiliate marketing.
Here is a screenshot of one of the affiliate program that I promote:
In the last 10 years, ShoutMeLoud has inspired millions of lives around the globe to help them earn passive income via affiliate marketing. It would not have been possible if I had not quite my call-center job to pursue my passion. When I think about this, I find it amazing as for how my life unfolded when I took the courage of starting something of my own.
With this Affiliate marketing guide, I want to provide you all the details about:
This is your go-t0 guide and you should bookmark this one along with all linked articles to master the art of affiliate marketing. If you are someone who likes to read everything in the book format, you can purchase our affiliate marketing handbook from our store as well.
Alright, lets get started.
Affiliate marketing is one of the oldest forms of digital marketing wherein you refer someone to any online product and when that person buys the product based on your recommendation, you receive a commission.
This commission varies from $1 to $10,000 depending on what product you are promoting.
Here is how affiliate marketing works in 4 simple steps:
The below infographic will help you understand the lifecycle of affiliate marketing:
So, in simple words:
Many online companies who sell products such as shoes, web-hosting spaces, or some other service, usually offer an affiliate program.
You can simply sign up for the program and get your unique tracking link. Now, whenever you are writing about their product, you can simply use this special tracking affiliate link to recommend the company’s site. If your readers/traffic buys anything by clicking your affiliate link, you will get a commission.
You can get started with Affiliate marketing in many ways.
Here are a few that you can pick from:
Here are steps to get started with affiliate marketing via your blog:
The reason blogging is one of the most effective ways to get started with affiliate marketing is because it requires minimum investment and you can learn everything around it in no time. From here on, what really matters it how much dedication, time and smart work you put in to grow your affiliate business.
Here are some of the common terms associated with affiliate marketing:
For companies offering an affiliate program, this is one of the best ways to receive free promotion, thus saving substantially on advertising.
For example, whenever you see coupons or discount links, most of the time these are affiliate links, and when you make a purchase, webmasters make money.
Every affiliate program has a set TOS.
Many of the affiliate product offer 30-150 days cookie period, which means that if a visitor clicks your affiliate link to land on an affiliate product, now even if they don’t buy anything immediately, but re-visit the site in next 30-150 days, you will earn an affiliate commission.
At this point, you should have a basic understanding of what affiliate marketing is and how it works.
Now, let me answer some of the common questions asked by webmasters and marketers about affiliate marketing:
There are affiliate marketers who are making millions of dollars a month via affiliate marketing. I personally make more than $30000/month from Affiliate marketing. Below you could see a screenshot of my earnings from one such affiliate program:
The key here is how you are approaching the whole process. Are you using a blog or using PPC to market affiliate products. The one that I have been using from the past 10 years, is via blogging. This has been the most effective one so far.
Not necessarily, but a blog is really the best promotional tool. With that said, you can always use methods such as PPC or advertising to promote a product. This is another popular method to grow in affiliate marketing. For me, the best way to make the most out of affiliate marketing opportunities is to have a blog. Learn how to start a blog here.
There is no charge for joining an affiliate program, however, your total cost depends on what promotion technique you are using. For example, a blog post doesn’t cost a dime, but PPC marketing, email marketing, and advertising come with various price tags.
There is literally no qualification required to become an affiliate marketer, though having good copywriting skills and marketing skills will be an added advantage.
No, it is neither harmful nor illegal, as you will simply be using the affiliate link provided to you rather than a direct link to link to any site.
Not all companies offer an affiliate program, of course, but for those that do offer affiliate programs, you can check their website for related information. When searching, be sure to check the company’s FAQ page if they have one.
Another way to find this information is to do a simple Google search. For example, one could place the following phrase into Google Search: “(product name) + affiliate program”. (Replace “product name” with the name of the product you are promoting.) There is an interesting chrome addon called Affilitizer is available which makes this process easy.
This should bring you to a landing page. Many companies use an affiliate marketplace like ShareASale, CJ, or Clickbank. These are free to use and you can create a free account.
Affiliate marketplaces such as those mentioned above are the best places to start your affiliate marketing research. You can browse your niche and see the top performing affiliate programs.
Yes, you can use both as affiliate marketing does not violate any AdSense TOS. In fact, for me, affiliate marketing works better than Adsense, and that is one reason you see fewer AdSense ads here at ShoutMeLoud.
Here at ShoutMeLoud, I and many guest authors have covered some of the best guides to help you to understand in depth about getting started, and some of the pros and cons. Here is a list from our affiliate marketing archive which will help you to get started:
I would also highly recommend you purchase ShoutMeLoud’s The Affiliate Marketing eBook. This a comprehensive guide on getting started with affiliate marketing.
I hope this beginner’s guide to affiliate marketing will help you get started. If you have any additional questions, feel free to ask me in the comments section below.
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This post was last modified on June 9, 2019 22:44
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