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How To Make Money With Affiliate Marketing For Beginners
If you are asking the question of how to make money through this channel, odds are you are brand new, don’t have a website and most likely don’t have a list.
Don’t worry about it. Even the biggest names started from square one. We just need to shorten the way with education.
The method for making money is simple in theory, but hairier in execution. The main thing needed for success in affiliate marketing is understanding that getting on top of the search engine results takes time and patience.
It takes a little time and patience to both master the method and to let the work you have put in work.
The saddest part of the affiliate marketer wannabe experience that I see is the number of folks who put in 90% of the effort required to make it and quit, just days or even hours of seeing the success that could carry them through to the other side.
As I have said in other places and will no doubt repeat again somewhere else, the steps to make money with affiliate marketing are as follows:
- Pick a product you can in good faith represent.
- Pick a marketing channel you like and want to master.
- Create a piece of content that fits that channel.
- Apply SEO techniques to that content.
- Promote that content as widely as possible.
- Put the checks in the bank.
What, Exactly, IS Affiliate Marketing?
Affiliate marketing is a performance based marketing channel that let’s independent contractors drive traffic to a company’s capture page, funnel, or corporate website that uses a cookie, modified link or other related methods to track which affiliate directed that traffic.
If the traffic results in a sale, the affiliate (you) gets paid.
How to Become An Affiliate Marketer
Click your heels three times and say, “There’s no place like affiliate marketing! There’s no place like affiliate marketing! There’s no place like affiliate marketing!”
Just kidding. Making the decision to be an affiliate marketing is easy. The work comes in becoming effective as one.
As I said earlier, pick a product you can represent or promote in good faith because you believe in it. Unless you are a sociopath, your passion in creating content related to that product will be influenced by whether or not you really believe in it.
If you are at a loss as to what to sell to make money commission junction, clickbank and a small number of educational companies offer outstanding affiliate marketing opportunities.
How to Make Money With Affiliate Marketing Without A Website
Chances are you are reading this not through a website, but through a document sharing site such as docstoc.com or slideshare.com.
Surprisingly, many folks do not use Google to do their research. They choose to begin at document sharing and article sites.
Document and Article Sites:
By creating quality, unique content and posting it to these domains, you can effectively build your brand. Most all of them have free educational resources that can help you tweak your content to most effectively take advantage of their domain, too.
Again, to summarize the method from earlier, you should:
- Pick a product.
- Pick a marketing channel.
- Create a piece of content based on product.
- Tweak it so the search engines like it.
- Promote that content.
- Put the checks in the bank.
If you have trouble deciding what you want to promote to make money Clickbank,Commission Junction and other related sites can inspire you. Spend some time looking through what is for sale there.
If I had to pick ONE to start with it would be Clickbank. You will need to pick a nickname to build your hoplinks with, mine is tigerworks, for instance.
Does Affiliate Marketing Work?
If you are reading this, then yes, yes, it does work.
In 2005, affiliate marketing in the US alone was said by some sources to account for $53 billion in sales, so yes, again, it does indeed work.
While I have not read the report, in my research I found that Forrester is selling a report entitled US Affiliate Marketing Forecast, 2009 to 2014 for $499.00, and people are paying it, so it works.
If you are going to represent something, make sure the commission rate is worth your time. You cannot make your rent as a beginner on $2 commissions on a product that does not have wide appeal.
Consider representing things that have a residual commission on subscriptions. Subscriptions mean you are making money this month and next. A growing number of product subscriptions will make next month much more interesting, I promise.
The single best educational program that I am involved with, use, and represent is My Lead System Pro Mastery. The program is specifically designed to directly address the challenges the new online marketer faces.
As you can see from the graphic below, and this is one of my favorites because it shows the depth and width of what is provided, MLSP Mastery provides educational paths on all the major marketing channels.