We all want to learn a little more money than we do. It’s inevitable. The fact that you can earn more money in your spare time with very little effort makes it super attainable. But, it seems not enough people are doing it! What if we told you it was very achievable to generate a secondary income, or even turn it into your primary income? You’d probably start right away.
The fact is, with affiliate marketing you can earn more money with just your mobile phone and some smart ideas. If you are already trying this, this article will help you improve your strategy and make more money. If you’ve never even tried, well, read on to find out everything you need to know about affiliate marketing and how to do it well.
What Is Affiliate Marketing?
Simply put, affiliate marketing is a way of selling other people’s products for a commission. All you are doing is promoting other companies products through your own platforms. When that company makes a sale directly from your affiliate link, you earn some cash. You effectively become a salesperson for one, two, or as many companies as you like.
That is why affiliate marketing is so appealing because you can scale it as much or as little as you like. Want to post a few things for a small amount of income? Fine! Want to commit some serious time in return for some great money? Great! Affiliate marketing is the perfect way to generate extra income. The internet’s favourite side hustle, if you will.
How Do I Learn?
It’s not too hard to become an affiliate marketer. In fact, anyone can do it! With an amazing array of Affiliate Marketing courses available online, you can learn how to effectively build your own marketing strategy in a relatively short space of time. This makes this kind of marketing even more appealing to the mass market. The small amount of money you’ll pay for a top-quality course will quickly pay you dividends as you build your own affiliate marketing system.
Steps To Take
Sounds almost too good to be true, right? Let’s take a look at the best steps to take to ensure you are doing it right. These are the top tips for setting up and maximizing your affiliate marketing strategy.
● Do Some Research
First, do your own research. We’ve mentioned taking online courses or seminars, these are definitely a great place to start. Most affiliate marketers love to share their experiences and top tips online. Often, you’ll have to pay a small fee for their content – they are marketers after all! But, this content will be totally worth your time. Without learning, doing research, and understanding properly how the process works, you’ll be wasting time and energy for little to no returns.
● Find Affiliate Marketing Programs
You can’t start affiliate marketing without joining an official program in the field. By that we mean that you can’t simply add links to products on your website or social media and hope for a return. No, you must reach out to an affiliate marketing program to generate custom links that, when clicked, generate your commission.
One of the most common and popular is Amazon. With an Amazon affiliate link you can earn commission on pretty much anything Amazon sells, making the scope of what to advertise broad and attainable. More specialised programs may offer higher commission rates but have a much more niche market to sell to. For example, a high-end custom technology company may offer tens of dollars per sale, but be targeted at a much smaller market, making those clicks and sales harder to achieve. Some people like to use a mix of both super-viable and more niche markets to spread their bets.
● Choose Your Platform and Make Great Content
Now, you need somewhere good to post your links and try to make sales. Almost any platform works. From Instagram to personal websites and blogs. Whatever you choose, you need to focus on it and make it great. People are far more likely to click your links if they really believe in what you are selling. Simply writing a blog post or mailing list about products for sale on Amazon is not enough. People need to be drawn into what you are showing them, they’ll then be far more likely to at least click on the affiliate links.
● Boost Traffic
Great content on your website or social media page is one thing, getting people to view that content is another! Now you need to promote your own work. There are many ways of doing this, some of which we have mentioned already. Telling stories and sharing ideas through a mailing list can be a good tactic, as can being super interactive with other pages on social media. Alternatively, you could write guest blog posts to try and drive people to your chosen platform.
● More Clicks, More Sales
The more you drive traffic to the site you are working from, the more clicks you are likely to get. More clicks equal more sales. It’s as simple as that. Building a steady flow of traffic to your site over time is key and will eventually lead you to a place where you can generate passive income. A little effort in the beginning goes a long way.
The Joy Of A Passive Income
The best thing about doing affiliate marketing – and doing it well – is the fact that it can end up becoming almost an entirely passive income. Imagine that! Just by doing things you’d normally do, such as posting on Instagram, you can be constantly earning an income. Passive income is the dream; while you sit at your 9-5 you’ll be earning extra money for no extra effort.
With this simple guide in mind, you can start to build an income from affiliate marketing and build it well. Use your time wisely and start to invest in a future income in online marketing. It’s never been easier to make money from your phone or laptop – so start today. You will not regret it.