With the worldwide shut down of 2020 and the many people who have lost their jobs, more people moved to the internet to make purchases, find work, entertainment, and generally meet their daily needs.
This means that the time has never been better to learn how to start an Affiliate Marketing Business.
Are you a single parent? Are you looking for a change of pace? Would you like to get away from your 9-5? Are you interested in working from home? Would you like to own your own online business?
If you answered yes to any of these questions the online affiliate market business may be right for you.
This post was updated on February 12, 2021.
What is an Online Affiliate Marketing Business?
An Online Affiliate Marketing business is a business that earns commission by promoting products belonging to other businesses.
An online affiliate marketer does not create any product. An affiliate marketer finds a product that he likes, join the related affiliate marketing program and promote their products.
The affiliate marketer earns a commission on sales made through his promotion.
Still, Wondering – What is affiliate marketing business about?
Think of your online affiliate marketing business as a policeman standing in the middle of the road giving directions to road users (that’s you).
Each time he gives direction if the person finds their stop and makes a purchase he is paid a commission.
However, in this instance, unlike the policeman, you give your directions through your website, social media, or email so it is done once and all users get the same message.
Your business continues to generate income even when you are asleep. This, in a capsule, is what the online affiliate marketing business is about.
Please note, this is not a get-rich-quick scheme. However, with patience and consistently working smart, it can prove quite lucrative.
8 Tips On How to Become a Successful Affiliate Marketer
Becoming an affiliate marketer is not as difficult as you might think. There are many sites online offering affiliate marketing coaching programs that would help you to start your own online business. The services offered on these platforms however differ.
In This Article I Will Share Eight Tips For Becoming A Successful Affiliate Marketer
- Find the Platform
- Find the Correct Niche
- Develop A Blue Print For Your Site
- Choose A Business And Domain Name
- Write Valuable Content For Your Site
- Generate Traffic For Your Site
- Apply To Affiliate Marketing Programs
- Add Affiliate Products To Your Site
- Interact With Your Site Visitors And Your Products
Find The Right Platform
Every Affiliate Marketer needs to first decide what platform he will use for his business.
Affiliate Marketers use a variety of Platforms to market products. You simply need to have an online presence and following to work as an affiliate marketer.
However, Affiliate Marketers predominantly use a YouTube Channel or a Website, or both to market products.
Find The Correct Niche
Every Affiliate Marketer knows that it is imperative to choose a niche (area of specialization) before starting their business.
In choosing a niche a marketer should try as far as possible to choose an area that he knows a lot about.
In this way, he will be able to provide better, more accurate information to the persons who visit his website/YouTube Channel.
Develop A Blue Print For Site
Have a vision for your business. Create a blueprint to show what you expect your site to look like as it grows. You should read 9 Practical Steps In Planning And Developing A Website to see what a website blueprint should look like.
This will help you to build out your business faster while avoiding too many changes later.
Choosing A Business And Domain Name
When starting in Affiliate Marketing As With Any Other Business you will want to establish a definite identity for your business early.
You will want to choose a business name that stands out from the competition but to which customers will still be able to relate.
To do this you will want to search the internet to ensure you are not choosing a name that is already taken.
Ensure that the name encompasses the vision for your site while at the same time allowing room for growth.
Limiting your name to a particular type of product can box you in and make it difficult to expand later.
Why Choose A Domain Name That Matches Your Business Name
It is also important to, as far as possible, chose a domain name that matches your business name. While this is not a definite rule it makes it easier for returning users to find your site and prevents confusion.
Why Choose A Dot Com Site
Dotcom sites are more popular and are typically used for business. As such using a .com site also makes it easier for returning visitors to find your site again.
The thing is .com is just more popular. When a user wishes to find your site, if you are using a .org or .co for instance, if they cannot remember the extension, because the .com is more popular they are more likely to type that in.
Unfortunately, this will in turn negatively impact your site traffic.
Write Valuable Content For Your Site
Content is King is what Affiliate Marketers say. This means that the most important thing you can do as an affiliate marketer is providing valuable content to your website visitors.
When writing content for your site it is imperative that you write information that is accurate and as detailed as possible so that your site visitors will find value in it.
When Visitors come to your site they are there to satisfy a need. This is usually a need to be informed about a particular topic.
A good content creator ensures that he meets his visitors’ needs.
It is this traffic that will help you to rank on the first page with the search engines after all.
As such giving value to your site visitors mean they will stay longer and return to your site the next time they need information and it is, therefore, good for your business.
Generate Traffic For Your Site
As with any other type of business it is not enough to just establish your business. If no one knows how to find you you will have no customers.
It is therefore important that you make it possible for persons on the internet to find your site.
To do this we employ several tools:
- Email Marketing
- Social Media Marketing
- By Using A YouTube Channel
- Paid Ads
Apply To Affiliate Marketing Programs
Once you have at least fifteen published articles and a reasonable amount of steady traffic it is time to find related affiliate marketing programs.
To do this you can simply type the type of program you are looking for + affiliate program. For instance, if you are in the book review niche you may search “book+affiliate” program.
Ensure that you read the rules carefully of the affiliate program you intend to join.
They are important because failure to adhere to them may result in you being evicted from the program and loss of revenue.
Add Affiliate Products To Your Site
Once you have been accepted into an affiliate marketing program it is time to add affiliate products to your site.
Always ensure you add an affiliate disclosure page. See an example here.
Find the links for the affiliate products provided by the program and add them to your site.
Interact With Your Site Visitors And Your Products
As with any brick and mortar business, your visitors will have questions. It is your duty to satisfy their need for information by responding to their questions.
Additionally, even though you typically choose products that you are familiar with for your affiliate program it is imperative that you stay up to date on information related to all products you promote.
You do this by using the products and reading all you can about changes.
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Starting an affiliate marketing business is quite low on cost compared to other types of businesses.
It is easy and regardless of your background, you can actually get into this business.
However, be aware that the real cost in this business is in your time. It also requires know-how.
Before You Go
If you have any questions about starting an Affiliate Marketing business be sure to leave a message in the comment section below and I will get back to you within 24 hours.