Affiliate marketing for beginners, even completely without any penny?
Are you interested in making money online as an affiliate marketer but don't have enough experience or cash to start with? Well, here is good news for you.
Even if you don't have much cash, you still can get started in affiliate marketing. But first, you need to understand a few things.
What is affiliate marketing?
In definition, Affiliate marketing is an advertising model in which a company compensates third-party publishers to generate traffic or leads to the company?s products and services. The third-party publishers are affiliates, and the commission fee incentivizes them to find ways to promote the company.
The Internet has increased the prominence of affiliate marketing. Amazon popularized the practice by creating an affiliate marketing program whereby websites and bloggers put links to the Amazon page for a reviewed or discussed product to receive advertising fees when a purchase is made. In this sense, affiliate marketing is essentially a pay-for-performance marketing program where the act of selling is outsourced across a vast network.
In short, Affiliate marketing is where you can generate extra income by promoting other people's products and services by referring them to the websites of the sellers who sell those products and services.
When that person referred by you makes that purchase, or even subscribes as a free member, you earn a commission. The marketing system of affiliate marketing is beneficial to both the affiliate and the seller. The seller gets the sale and the affiliate is paid.
Blogging for affiliate marketing
It's very common these days for bloggers to be earning from affiliate marketing. Many bloggers, such as Pat Flynn and Franklin Hatchett, make as much as $30,000 per month based on affiliate sales alone.
You might be thinking - so how can you be earning like them? Well, the answer is to build up a sizable audience of followers.
But what if you can't find them at the start? Do you still blog? Can you still earn as an affiliate?
The answer is still a YES!
Affiliate marketing as a business model
If you ever dream of a 4-hour workweek or even a 4-day workweek at the start, you can follow in the footsteps of Tim Ferriss. It is still highly possible with affiliate marketing.
Different products and services come with different structures of commission payouts. Let's say, for example, you are promoting an online video course. Many times in most cases, companies are willing to give you 40% to 50% commission. This means if you are promoting a $1,000 course online, you can earn $400 to $500 per sale transacted. Isn't this wonderful?
According to statistics in the USA, about more than 80% of companies leverage affiliate marketing to promote their brand in the market. If you aren't doing affiliate marketing yet, these numbers alone have proven that you should enter the affiliate marketing game.
To start a business model in affiliate marketing, you should find a suitable product that you can promote and earn a commission out of it. The product must have an affiliate program (or referral program). It must ensure that out of every sale, you'll get paid and can withdraw after payment.
But first to start, think of the products you often use that benefit you daily. Or think of the products you have a deep passion for. Do you love the laptop you are using? Do you love the cake-making machine which you are using? Even if you are a stay-at-home mom, affiliate marketing can still be a business model for you.
How to start affiliate marketing without initial capital?
Whether your interest is in weight loss, self-help, make money online or even products from Amazon or Clickbank, the basic idea and approach to starting affiliate marketing with no money apply. The best way to have a successful affiliate marketing business running is still ultimately to start with a blog, landing page, or website.
However, if your budget is not sufficient and you are a complete beginner to affiliate marketing, there are some recommendations for you that you can use so that eventually, you're able to start your blog, landing page, or website.
Create social media online presence
You certainly can become a blogger by becoming an affiliate marketer. But do one first step before becoming a blogger - monetize your online presence using social media. Do this with Facebook, Pinterest, and Instagram. Their user base is total at millions, with billions altogether. Just ensure that you abide by their rules of posting and the restrictions of the sites. Failure to follow may get your account restricted or even banned.
Facebook is the top social media platform in the world, as you know it. With a billion user base worldwide, Facebook is definitely the place where you can start promoting your affiliate products. However, you have to do so in a discreet manner.
Firstly, you can start by setting up a Facebook page or group with a specific topic of interest - be it weight loss, healthy diet, make money online, pets training, and many more. They must have a sizeable audience of folks interested in these topics. Remember, think of solutions to solve their problems!
Lately, there has been a surge in interest in using Pinterest for affiliate marketing. There's a particular routine which you need to follow strictly to achieve traffic flow to your site. But since you do not wish to create a site yet, you can just start some Pinterest boards and paste your affiliate links there without using the cloak function.
Read more about using Pinterest for affiliate marketing
This is one of the perfect platforms to use for affiliate marketing as a beginner. Facebook may be too saturated. Instagram can be used only if you can do a proper hashtag. The hashtags help to drive some traffic from other Instagram users. One way is to post your link from a common source (with an affiliate link inside the page) on your Instagram profile page as seen below as an example:
Leverage using YouTube
YouTube is not exactly a social media platform. Have you ever thought of using YouTube to do affiliate marketing? If you have the stamina, and the know-how of doing some basic video editing, why not? This is the best time to use YouTube for affiliate marketing! Just do a search on affiliate marketing and you can find a list of affiliate marketers like this - https://youtu.be/l8nlbQpi8Ho
YouTube is without any doubt an effective platform for millions of users and for affiliate marketers to publish their video content. The best YouTubers earn millions in revenue just by making videos promoting the products they are passionate about. If they really enjoy talking about the products, they would just hover the camera over their faces and shoot and talk. Perhaps, YouTube is one of the ways which affiliate marketers can leverage on without setting up a website or a blog initially.
Though you won't have subscribers at first, it doesn't mean you won't. Build up your subscriber list by constantly producing relevant content to your visiting audience. The algorithms of YouTube will certainly reward you with views, visitors, subscribers, and clicks in no time!
Join as an affiliate in affiliate programs
Once you've made your social media presence, YouTube, and other channels, you can proceed to sign up as an affiliate for affiliate network programs like ClickBank, WarriorPlus, Rapid Profit Machine, Funnely Enough or Builderall. All these programs are always hungry and constantly seeking new publishers who can help to promote their products.
Fortunately, we have compiled a list of all the good affiliate programs which you can consider. To access it, you can sign up in the form below to find out more.
What must be done
If you really make up your mind and set your sights high on affiliate marketing, you must have the correct mindset and strategies in your decision and practices even as a beginner.
It is critical to building up an audience to follow the rules of the business model. Later, when you've become a good information bank, people will recommend and help you share the products you've been promoting about. Then your information becomes critically useful as a result.
Learn how you can start affiliate marketing with Rapid Profit Machine (Done For You); Builderall affiliate program
Affiliate disclosure
Disclaimer: All trademarks and logos on this site are the property of their respective owners. We participate in affiliate programs with Clickbank, JVZoo, Warriorplus, Rapid Profit Machine, Builderall, and other sites. We are compensated for referring traffic and business to these companies.
Thank you for viewing
Check out other of my blog posts - CLICK HERE