Affiliate marketing is a marketing arrangement where a company or person pays a commission every time the marketer generates a sale or other desired action for them. This type of marketing is extremely popular with internet marketers because all they have to do is find ways to drive targeted traffic towards the product or service which results in conversions. The more conversions they make, the more they are paid. For example, if a company is offering an affiliate commission of 10% for a product that costs $100, then an affiliate will earn $10 for every sale. Also, there is another type of affiliate marketing where the marketer is paid a set fee per action. Some actions include email submits, calls, zip code submits, short form submits etc.
Now, in order to start doing affiliate marketing, you need to determine the type of traffic you want to focus on. This can either be paid traffic or free/organic traffic. Paid traffic is all about buying ads on traffic sources such as Facebook, Google, Bing, Plenty of Fish etc. In order to do this type of affiliate marketing, you will need to have at least $1,000 to start with in order to buy ads. You will also need money to buy tools such as a tracker like Voluum, spy tools, a VPN service etc. This type of affiliate marketing requires an ongoing budget and you will need to learn how to build landing pages and do split testing of various ad campaigns. It is quite risky since you will need to lose money in order to do sufficient testing to make a campaign profitable. Even though it is risky, it is a highly profitable way to do affiliate marketing and there are many teachers such as Charles Ngo and Malan Darras who teach beginners how to build profitable campaigns.
If you don’t have a large budget or simply want to try a more beginner friendly form of affiliate marketing, then you should simply learn to do SEO and start a website. This can be as simple as setting up a blog around a topic that you’re interested in, doing some keyword research and posting well-written content. Within this content, you should include affiliate links to related products and as you get more traffic to your website, some of the visitors will click your links and purchase.
Alternatively, you can build niche or authority websites around product reviews. It is important that you do proper keyword research and build sites that are at least 50+ pages. The product review pages should be in-depth and be at least 3,000+ words. In order to get more traffic to the review pages, simply build more targeted links and make sure that your on-page SEO is done correctly. SEO is relatively easy to learn so it is definitely beginner friendly. The more targeted traffic your site gets, the more conversions will occur, which will result in more commissions.
In closing, we have just looked at how any beginner can start affiliate marketing. It will take some time to learn, however, it would be time well spent since affiliate marketing can easily replace and exceed the income of any day job.