Are you looking to make money online quickly? Affiliate marketing is one of the best ways to do so, but it can be difficult for beginners to get started. How do you know what strategies will work best and make you the most money?
Affiliate marketing is a great way to start your own business, earn passive income, and drive traffic to your website. It works by connecting advertisers with their target audiences through promotional content like reviews, tutorials, and other forms of content-based marketing.
If you’re new to affiliate marketing, it can seem overwhelming — from finding the right programs and understanding structure and payment options to learning about tracking links and building relationships with merchants. But with a few simple tips, you can learn how to start affiliate marketing for beginners and be successful with your venture. Here are some tips for getting started in affiliate marketing.
An Introduction to Affiliate Marketing for Beginners
Are you looking for an easy way to make money online? If so, then look no further than affiliate marketing!
In summary, affiliate marketing is a business model where brands give commissions to affiliates depending on the number of sales from their referrals.
What’s great about affiliate marketing is that it’s relatively easy and fast to set up, with minimal overhead costs—meaning anyone can get started with next to nothing.
The key parties involved are:
– The Advertiser – The firm or individual offering the product or service being promoted.
– The Publisher / Affiliate – The firm or individual promoting the advertiser’s product or service.
– The Consumer – The recipient of the promotional message who takes action and purchases what is advertised.
Affiliate marketing can be done through various channels such as email, social media platforms like Twitter and LinkedIn, banners, and search engines (Google Ads).
Additionally, it should also be noted that all those participating in affiliate marketing must comply with the Federal Trade Commission’s Endorsement Guides. Lastly, don’t forget to subscribe in the box below for more insightful content from our team regarding affiliate marketing.
How affiliate marketing works
If you’ve seen a podcast icon or social media celebrity recommend something, they were probably using affiliate marketing.
Affiliate marketing is a system in which a company pays outside companies or individuals to promote and sell their product or service.
People who do this type of work are referred to as affiliates, and in exchange for recommending products or services to their audience, they get a commission off of any sales that result. Here’s how it works:
After choosing an affiliate marketing program, you’ll receive access to an account-specific dashboard that will provide links and codes that can be used on your website, blog, or social media accounts.
This link or code will allow the company you’re using the program from to track every customer you send their way. For example, if you decide to join the Amazon Associates program, they’ll send you a referral code specific to Amazon products and when someone clicks on one of your unique links and ends up making a purchase, you earn a commission on that sale.
You can find programs directly through certain companies (like Amazon) or via an affiliate network like ShareASale where thousands of companies use their platform at once so affiliates have one central location to find multiple programs.
How to start affiliate marketing
Starting an affiliate marketing business can seem like a daunting task but with a game plan and lots of hard work, you can start your own successful affiliate marketing business. Here are some tips to help you navigate the process:
1. Decide on a niche to focus on – what type of product or services do you want to market?
2. Choose your platform – will you be starting your own website or something like an Amazon store?
3. Find relevant affiliate marketing programs for the products or services you are interested in promoting.
4. Create valuable content that helps attract users organically and incentivizes them to engage with your page – this could be blog articles, videos, infographics, etc.
5. Build an audience by engaging with them using various social media platforms and email drip campaigns.
6. Follow FTC regulations so that users know who is providing them information as well as how they’re being monetized for their clicks and engagement activities.
With these steps, anyone can begin their own journey down the path of successful affiliate marketing!
1. Decide on a niche
The first step in setting up an affiliate marketing business is choosing a niche. A niche is a segment of a larger market defined by its own unique characteristics.
When deciding on which direction to take, ask yourself what you are passionate about and what topics you know the most about. It becomes your specialty and the topic people will know you for. For example, travel blogging would be an affiliate marketing niche, as would pet care or tiny homes.
Once you’ve chosen your niche, research it further to identify top-performing products or services that you can promote as an affiliate marketer.
Easy Affiliate recently conducted research into the top niches found amongst successful affiliates with proven track records in engaging activities such as content creation, link building, and sponsored post-outreach campaigns: Lifestyle and wellness were at the top of the list followed closely by technology, gaming, finance, and cars renting.
2. Choose your platform
Now that you have a better understanding of what affiliate marketing involves and have read up on the different commission structures and types of programs, it’s time to consider what platform you’ll use for your business.
Each affiliate marketer has a different platform and approach. For example, while blogger Ryan Robinson has an Instagram account, his core source of income ($300,000+ per year) comes from his blog.
When deciding which platform you’ll use as a beginner affiliate marketer, there are two main methods to choose from: blogging or YouTube video-making increasingly popular too).
Each platform serves its own purpose and caters to your audience in different ways — decide how much time and effort you want to invest by balancing the upside and downside for each individual platform before choosing one for your business.
What are affiliate programs?
Affiliate programs, also called associate programs, are third-party platforms. They help connect individuals and brands so they can engage in joint ventures.
For example, a cosmetics company might seek out individual influencers with large followers on social media to promote their products. Or a restaurant chain might enlist food bloggers to write content about their new dishes. Both parties sign up for the platform, discuss a collaboration, and start to work together.
But behind the scenes, these affiliate programs are complex behemoths that do much more than help merchants and affiliate companies set up joint ventures.
They also provide some very essential services to both parties. The merchant will have access to marketing tools including software for tracking when and how often their affiliates are converting customers or influencing sales numbers.
Meanwhile, affiliates will have access to analytic tools for measuring any success they have seen from their promotion efforts across the different networks available within the program. All of this helps keep track of who is making money from what venture while also ensuring that proper compensation is distributed with ease among all parties involved in the collaboration
How do affiliate programs work?
Affiliate programs, also called associate programs, are a popular way for companies to increase their sales and brand awareness.
These programs work by letting individuals or businesses create a profile on the company’s platform and choose from numerous brand offerings that they want to promote. Each program generates a unique tracking link that affiliates can share on their website, through email campaigns, or social media channels. When someone clicks the link and makes a purchase from the brand, the affiliate receives a commission for the referral.
Companies use affiliate programs because it allows them to have more eyes spotting potential customers than any single marketing team could manage — and these affiliates in turn, then spread the word across their varied networks of followers.
Affiliate programs also come with built-in tracking technology which helps keep track of all referral transactions so brands can be sure they’re paying out money only to those people who helped bring in new customers.
What are the benefits of affiliate marketing?
Now that you understand how affiliate marketing works, let’s take a look at the advantages it offers.
One of the main benefits of affiliate marketing is that there are no overhead costs or startup fees for businesses. Instead, businesses only pay their affiliates when an action is completed—such as a click, sale, or subscription.
This means businesses don’t have to worry about paying large sums of money upfront or taking on any other risk associated with traditional forms of advertising.
Another advantage of affiliate marketing is that it creates opportunities for passive income. After businesses set up the right agreements with their chosen partners, they are able to get paid on near autopilot.
This provides them with a steady stream of income and can help them reach new levels of profitability over time.
Furthermore, affiliate marketing can provide great exposure for both sides involved in the program.
Businesses get access to a larger audience than what they would normally be able to reach through organic and paid campaigns alone, while affiliates acquire added visibility, leads, and sales from partnering with reputable brands.
You don’t own the products you’re promoting
Many new affiliate marketers think that in order to make money with affiliate marketing, you have to own the products or services that you’re promoting.
While this may be true for some private affiliate programs, most public ones are larger and don’t require that you buy any of the products you recommend.
You simply join their affiliate program, grab your link, and post it on your page or website. This is perfect when you’re starting out because you don’t have to invest a bunch of money into physical or digital products off the bat.
You can take some time and experiment and see which types of products and services are gaining the most traction with your audience. This will help you focus more effort on those specific areas as an affiliate marketer moving forward.
It’s a passive income source
It may sound too good to be true, but it really isn’t: affiliate marketing is a great way of passively and quickly monetize your website.
Once you’ve established the groundwork to keep traffic coming to your site, all you have to do is pick the right affiliate partners that will appeal to your audience and post those links. Your unique links and codes can continue bringing in a recurring commission just for you, as long as you keep them visible on your pages.
You don’t need extensive coding knowledge or technical abilities; creating an affiliate link could be as simple as finding a product in an e-commerce store, getting its URL or code, putting it into HTML text, or adding it onto images and pages.
Unlike selling products through an e-commerce store, there’s no overhead cost with affiliate marketing – making it both cost and time effective for makers like yourself who are looking for more ways to make money from their sites.
High earning potential
If you’re new to affiliate marketing, you may be wondering if joining the industry is really worth it. After all, could a relative newcomer make significant income? The short answer is yes. Affiliate marketing has six-figure earning potential for newcomers who know how to properly set up their operations and maximize traffic sources.
You may not bring in that sort of money right at the jump, but there is real potential for affiliate marketing to replace your 9 to 5. Pat Flynn, for example, reported to Business Insider that he earns up to $170,000 per month thanks to his affiliate marketing business.
Adventure junkie and founder of Biking Know How Rohan Kadam also turned his blog from a passion project into a successful online business by using affiliate sales. “I scaled my business, especially during the challenging COVID pandemic, and made it profitable in a short period,” says Rohan.
This allowed him to quit his full-time job at JP Morgan Chase and become a full-time blogger and affiliate marketer today.
How much can you make as a new affiliate marketer?
As a new affiliate marketer, there’s no doubt you want to know just how much you can make with this type of marketing. There is no single answer when it comes to how much potential there is with affiliate marketing.
Your success depends on a number of factors, such as the company or companies you partner with, the products or services you promote, and the amount of traffic sent toward your site from each referred customer.
Commission rates vary depending on the types of affiliate programs you join – though many offer an industry-standard rate. For example, Amazon Associates pays anywhere from a 1% to 10% commission on sales its customers referred from their personal website or blog.
On the other hand, ButcherBox and Thrive Market offer a flat $20 commission per sale for their affiliates referring business for them. Generally speaking, joining these types of programs yields significantly lower commissions than those affiliated with recurrent subscription services such as SaaS solutions that offer recurring commissions as high as 30% per sale even after years!
So what will be your take home? It’s totally up to you – determined by the effort and resources put into generating traffic towards your site(s), gauging which affiliate products/services according to audience needs & response levels, and more importantly fishing out the best affiliate programs available in your niche targeting relevant companies/products, etc., This is all part of the amazing process known as Affiliate Marketing!
The 8 best affiliate programs for beginners
Affiliate programs are a popular way for website owners to make money. While there are many different affiliate program options, it’s important to choose the one that fits your needs. To help you get started, we’ve compiled a list of the 8 best affiliate programs for beginners.
1. Amazon Associates
The first on the affiliate programs list is Amazon Associates. This has been one of the top affiliate programs for beginners since 1996. In fact, it was the first online affiliate marketing program in the world. Since its inception, it’s been helping online marketers make money by advertising to the millions of customers who shop on Amazon each year. With over 2 million products available through Associates, affiliates may find anything they need to promote their businesses on this platform.
ClickBank is among the top companies with affiliate programs that appeal to all kinds of marketers. Its affiliate information is completely open to anyone, making it a valuable platform to consider for your success.
Founded in 1998 out of a Silicon Valley garage, ClickBank quickly rose to become one of the premier retail and affiliate sites in the world. There are now hundreds of thousands of affiliates who have earned billions in commissions by promoting products from ClickBank.
If you’re just getting started or don’t have extensive experience with sales and marketing, ClickBank offers an excellent opportunity for you to get up and running quickly. Not only does it provide you with access to tons of products and services, but there are also many companies with which you can partner to promote better offerings and maximize your profit potential. With such a wealth of options, ClickBank is definitely something worth exploring as an affiliate marketer!
3. eBay Partner Network
For the savvy online advertiser looking to make some money, eBay should not be overlooked. Their partner network offers one of the highest-paying affiliate programs on the internet.
The eBay Partner Network is where you can sign up to become an eBay affiliate. Commissions are in the 50% to 70% range, meaning that if you send someone to buy an item from eBay and they spend $50, you get between $25 and $35 for your referral (and possibly more depending on product and commission structure).
You will also gain access to custom link-building tools, promotional materials like banners or deals widgets, product feeds, and deep link generation, all so that you can optimize very specific parts of pages on a site while utilizing the special promotion codes.
eBay provides affiliates with all of the necessary tools they need to promote their products with as little fuss as possible.
Unlike some of the other affiliate marketing programs on this list, as an eBay affiliate, you’ll be working directly with them and their products so finding what fits best for your audience won’t be too hard when it comes time for promotions or new content pieces!
4. Commission Junction (CJ)
Commission Junction (CJ) is a 20-year-old affiliate marketing program that has been connecting affiliates and merchants from day one. Affiliates are attracted by the company’s wide range of products, plentiful commissions, numerous promotional opportunities, customizable programs, great tools, and strong support for advertisers that rely on this long-established network.
According to its website, CJ works with twice as many Internet Retailer 500 companies as any other affiliate program out there. It also boasts that twice as many retailers prefer CJ over other affiliate programs – and when you take a closer look at everything it has to offer, that claim seems to hold up quite nicely.
The site covers many different niches including apparel and accessories, automotive, baby/kids/toys, beauty & care products, books & magazines, electronics& technology, health & nutrition stores, hobbies & leisure places, home improvement stores plus professional services like business services finance investments travel & hospitality and gaming.
And the list doesn’t end there; there’s also an all-inclusive “other” category which includes items you wouldn’t believe they can sell online! So with a reputation like that, it’s not hard to see why Commission Junction should be high on your list when considering which affiliate program to choose!
GiddyUp is a relatively new affiliate network that offers its affiliates the ability to partner with over 150 DTC (direct-to-consumer) brands across a range of verticals, including travel, electronics, health and wellness, and more. With GiddyUp’s exclusive access to these eCommerce businesses, you can easily create commissions for yourself.
GiddyUp also provides helpful tools for those just getting started in affiliate marketing, such as an affiliate manager and a creative library that assists advertisers in creating digital marketing campaigns.
GiddyUp’s robust tracking and real-time data let you analyze your performance month over month so that you can always identify areas of opportunity. With world-class support and competitive commission rates (which vary based on referral types), GiddyUp has many advantages that make it suitable for beginners.
Are you looking for ways to make money online? If so, Impact may be just the affiliate marketing program for you. It’s one of the few programs that connect individuals with top brands like Airbnb, Uber, Adidas, and more.
It’s known for its automation tools to help streamline your campaigns and generate more sales. Plus, you can join and manage partnerships with these companies for free—the brands span various categories like beauty, travel, retail, fitness, and others.
After signing up with Impact, you get access to a marketplace where you can find top brands and contact their affiliate managers directly.
Impact generally pays by CPA (cost-per-action), which means you’ll get a commission when your audience buys something through your affiliate link. The commission rate varies depending on the brand. So dive in and explore what Impact has to offer!
Awin is another top affiliate program for beginners. New affiliates don’t need to have a website or blog to join. You can register with Awin using social media accounts, like Instagram, Pinterest, YouTube, and more.
All Awin participants must undergo a compliance check before being accepted into the program. This verification process verifies personal and business details like email address, name/company name, and contact details so that it’s clear who your customers are interacting with. Joining Awin requires you to make an initial deposit of $5 (which will be reimbursed when you reach your first payment threshold).
Awin has over 21,200 partner brands they collaborate with on their platform and they offer access to a wide range of leading international brands and household names.
If you want to join an individual brand program, you can look at the company’s advertiser directory and search for any available programs. Alternatively, if you think it would be more beneficial to partner directly with the brand in question then you can contact them through the platform and discuss further collaborations!
8. Rakuten Affiliate
Last, but not least, is the Rakuten affiliate publisher program. This program has the third-largest market share of affiliate networks, at 7.25%. Interestingly, Rakuten is also the highest-rated and most popular among publishers, as judged by an independent study.
Rakuten is connected to over 2,500 different retail brands that sell all kinds of products. To join their network, you just need to head over to the website and find an item or merchant that suits your needs best, and hit the Apply button.
One of the more unique elements of the Rakuten affiliate program is that most companies are heavily involved in the screening process and won’t approve your application immediately—so don’t be surprised if the answer comes back no after you hit apply.
Keep in mind that even though you’re applying for a product affiliation through Rakuten, it’s still up to each merchant to decide if they want to work with you or not. So make sure you bring your best skills when submitting an application!
Conclusion on Affiliate Marketing
Dreaming of making money from home? It’s not such a far-fetched idea after all. You can definitely make passive income with affiliate marketing and build an online business from it. Sounds too good to be true, right? Well, don’t worry – it is achievable!
It may seem intimidating at first, but if you invest some time into learning how it works and creating content that your target audience will love, you’ll start making money in no time. The best part?
All the steps necessary for starting an affiliate marketing business are spelled out in this post – so get started today! With a few thousand US dollars on hand, combined with the right skill set and knowledge, you will be well on your way to building a steady stream of passive income with affiliate marketing.