How to easily get started with Affiliate Marketing?
A Step-by-Step Beginners’ Guide with amazing Tips ; Tools! (Image via Small Business Trends)
Affiliate marketing is nothing new, but one of the most recommended ways out there on the Internet for those wondering about how to make money online from their website, blog, or app.
When you become an Affiliate Marketer, you’ll get allowed to add a steady stream of revenue to your business, for example: blog’s monetization strategy.
In this affiliate marketing step-by-step beginners’ guide, you’ll be able to learn how affiliate marketing really works, and how to easily get started with affiliate marketing, right away.
Check this simple affiliate marketing beginners guide, along with tips ; tools for affiliate marketers.
What is Affiliate Marketing?
If you’re new to this term, then you should know, by definition, it is a referral system where online retailers (advertisers) pay you certain amount of commissions when users make a purchase from your recommended referral links.
Unlike other advertisement types that’ll pay based on the clicks or views, affiliate marketing works on a concept of cost-per-acquisition (CPA) or also know as cost-per-lead (CPL) basis.
In other words, you can say, when someone takes action (that is, buying a product or service, or even signing up for a free trial), you would only be getting a commission.
Because, advertisers are less risky, whereas affiliates are paying much higher rate of commissions to publishers in-compare to Google AdSense or other kinds of ads network.
It should also be noted that, online affiliate marketing needs a more personal approach.
To make it effective, you must be able to find a product or service that you think would be helpful to your users.
After that, you should start making strategic additions to your website or blog posts and other areas of the site, so that your users can purchase products or services using the recommended links.
How Does Affiliate Marketing Work?
To get started with affiliate marketing, first of all, you’ll need to find the company or product or services you want to promote through your blog.
Than, you’ll need to choose a product or service that you might think would be relevant to your blog’s category & topic, and that is also useful to your users.
The product, service, or company you choose to promote, would be referred to as the “merchant.”
In you next step, you would have to join their affiliate program to work with the company, product vendor, or a service provider.
After this you’ll become a ‘member’ of their affiliate network. Many companies also use terms such as associates, partners, referrals, and so on.
Once you get approved to join their partner program (also known as the affiliate program), you will be provided with a unique affiliate ID.
You will be required to use this affiliate tracking ID to promote the product or service in all your links you add to your blog.
To get started earning through affiliate links, you can promote products by adding in-depth product reviews, recommending those links in articles, or displaying banner ads, or even sending email newsletters, and much more.
Through your recommendation, all traffic that you send to the merchant’s website using your unique ID will be getting tracked.
After this, when a user purchases any product or service you recommended, you’ll be receiving a certain % as commission.
And, once your income reaches a certain amount of threshold, your payment gets issued (usually 45 – 60 days) or depends.
How to Get Started with Affiliate Marketing?
To get started with affiliate marketing, first of all, you’ll have to make sure that you’ve a website, or use the right blogging platform, and you can easily run affiliate marketing campaigns on your blog.
For example, if you are using the WordPress.com platform, then there will be some restrictions on the products and services you can link to as an affiliate.
On the other hand, if you are using a self-hosted WordPress.org site or blog, then you can easily add any link to promote and manage your affiliate marketing campaigns, more effectively.
But, if you have not yet created a website or started a blog, you can just start making it immediately.
If you’re new, just follow the instructions in one of our step-by-step guide on how to start your blog, then you can get-up and walk in less than few minutes.
When you’re done, you’ll need to add a disclosure page to your site, informing users to find out how you earn money from the site.
You may refer to our disclosure page and you are free to use it as a disclosure template on your site or blog – whatever you run.
These pages are considered as one of the must have pages, especially when you’re running a WordPress powered site or blog.