This article was co-authored by Andrew Lokenauth. Andrew Lokenauth is a Finance Executive who has over 15 years of experience working on Wall St. and in Tech & Start-ups. Andrew helps management teams translate their financials into actionable business decisions. He has held positions at Goldman Sachs, Citi, and JPMorgan Asset Management. He is the founder of Fluent in Finance, a firm that provides resources to help others learn to build wealth, understand the importance of investing, create a healthy budget, strategize debt pay-off, develop a retirement roadmap, and create a personalized investing plan. His insights have been quoted in Forbes, TIME, Business Insider, Nasdaq, Yahoo Finance, BankRate, and U.S. News. Andrew has a Bachelor of Business Administration Degree (BBA), Accounting and Finance from Pace University.
There are 7 references cited in this article, which can be found at the bottom of the page.
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Using affiliate programs to make money can seem like a dream come true. You are promised a lot of money for helping sell products from the comfort of your own home. This may seem like a get-rich-quick scheme, but nothing comes easy. With hard work and dedication, however, you can build a solid source of side (or even main) income.
Steps
Finding Affiliate Programs
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1Understand affiliate marketing. Companies create affiliate programs to help push their products. When you become a program member—which is usually free—you can make links to promote the products on your website or another site. When people buy the products through your links, you will get a piece of the profits. As a member of an affiliate network, you can choose to promote any of several thousand products. It is possible to make up to 50–75% of the profit on each sale that results from your promotion.[1]
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2Know what sets each program apart. Affiliate programs are everywhere online, and it can be hard to tell them apart. Each program distinguishes itself by the products it sells. Some affiliate programs only require you to post links; others will ask you to pay money to learn about how to sell the product you are selling. As the latter type of affiliate, you can make commissions by getting others to pay—by bringing other marketers into the fold. Be wary, however, of any program that asks you to pay.[2]Advertisement
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3Understand the usual pay models. There are a few ways that you can make money from online affiliate marketing:
- Cost-per-click: you get paid a very low amount every time someone clicks from your content onto the advertiser’s site. This is good for high-traffic content.
- Cost-per-lead: you get paid a low amount (but slightly more than cost-per-click) every time someone signs up or fills a form with the advertiser using a link from your content.
- Cost-per-acquisition: you get paid a fixed or percentage-based commission every time someone buys from the advertiser using a link from your content. Cost-per-acquisition marketing is good for focused, high-quality content.
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4Choose an affiliate program. First, you must decide which affiliate program to join. Affiliate programs often have a theme, such as gardening or weight loss, and you should find a theme that interests you. Look for a network with a lot of product codes that are relevant to your topic. Consider networks like Commission Junction, LinkShare, ShareaSale, Clickbank, and Amazon. Remember, it isn't really about the network – it's about whether the network is relevant to the content of your website.[3]
Affiliate Marketing on Your Blog or Website
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1Research a topic or niche. Choose a popular trend or market – something that a lot of people are searching for, and something that a lot of online readers will find interesting (See Google Trends).[4]
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2Use the Google Keyword Research Tool to break down your chosen niche into more specific niches. Weight loss is a popular topic, but it is too broad. People want to lose weight for many reasons: vacations, weddings, summer, the new year, birthdays, and other special events. Choose a specific niche, such as "weight loss for summer" or "weight loss for weddings."[5]
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3Consider the search volume for your chosen topic. Find out how many people are searching for that topic by running a web search for, say, "quick weight loss." The quotes will make your search specific, so that the only results will be sites that mention the exact phrase "quick weight loss." Your search engine should list the number of search results that turn up for your query. Try to find a topic that turns up fewer than 5,000 results.
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4Create a website about the topic that you have chosen. The key to succeeding with affiliate programs is to build a content-rich website with useful information built around a specific theme. Don't just lazily throw up a quick site or blog and string a bunch of affiliate links all over your pages. You have to start by building credibility, and the best way to do that is to write about something you know a lot about.
- If you know a lot about the newest smartphones and tech products, try setting up a site that reviews and catalogs new products.
- It's also a good idea to own the products you promote so that you can appear more credible to your audience.
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5Find affiliate codes and paste them into your site. Once your site is well-established and respected for its content, you can begin to link out to affiliate programs. Search the various affiliate networks and look for products that relate to the theme of your website. Grab the affiliate code from your account and paste it into your site. As people visit your site and click these links, you can begin earning money from the referrals in your articles.[6]
- Mention products in your articles or blog posts, and use the affiliate code to link out to each product. Use your articles to subtly convince readers that these products or services are worthwhile. Do not sell too hard.
- Send out an email newsletter with product links. You can set up a pop-up that prompts visitors to your website to sign up for your newsletter.
- Avoid sending out spam. If you send out daily newsletters or aggressive messages, your emails may be flagged by spam filters, and your visitors may even unsubscribe.
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6Avoid hard-selling. The key is to subtly recommend products and services that fit in with what you are writing about in your content. If you try to market your affiliate products too aggressively, you may mar the credibility of your site.
- Try not to come off as a salesperson. Present yourself as a knowledgeable, trustworthy third-party reviewer. Readers can be wary of online marketing tactics, and they may be more likely to click links if they don't think you're trying to sell them anything. Let the interested folks click, and don't force anyone to click on the ad.
Affiliate Marketing Without a Website
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1Promote affiliate programs through article marketing. Write articles on a given product and find free places online to post them, such as review sites and article directories. Be sure to check if you are allowed to include an affiliate code link to the product you're promoting. Some sites only allow you to link out to a non-commercial website.
- Use strategic keywords in your articles. Place links in the headline, the first few sentences, and throughout the body of the article to attract the search engines.
- Research long-tail keywords to target. If you are selling a weight-loss product, the phrase "weight loss" will pair you with tons of competition. Instead, break your topic down into more specific phrases like "lose weight in two weeks" or "lose weight for wedding."
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2Locate online communities relevant to the affiliate you are promoting. This might include forums, discussion boards, chat rooms, and blogs. Post often on the forum, and build a good reputation among the community members. Once people trust your judgment, you can start to include affiliate links in your posts. Do not simply spam the forums with product codes. You should sprinkle the affiliate links within genuinely useful content.
- Review member policies on every community website. Verify whether you are allowed to post affiliate links to a site. Some online communities may prohibit affiliate links and consider the links advertising spam.
- Review your account settings on every website. If you belong to a forum or discussion group that requires you to register for an account, you may be able to take advantage of a signature box in which you can post affiliate links. You can choose to display the signature box each time you reply to or write a post on the website.
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3Write an e-book on a topic that is related to your affiliates.[7] For example, if you team up with an affiliate that sells fitness equipment, you may want to write an e-book about different workout techniques that involve the fitness equipment. Embed affiliate links into sections of your e-book. For example, if your e-book is about fitness, you can write about the importance of wearing appropriate running shoes during your workout, then embed affiliate links for a specific brand of running shoes that you recommend to your readers.
- Choose a topic you are knowledgeable about. You may earn more from your affiliates if readers gain value from the information you are providing.
- Include affiliate banners and pictures within your e-book. Banners and pictures that contain affiliate links may catch the eye and draw clicks.
Community Q&A
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QuestionAre there recommended programs for affiliate marketing?Mark RecaboCommunity AnswerThese programs are the ones I used: Clickbank, CJ, Share a Sale, and Affiliate.
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QuestionCan I make money posting links without a website?Mark RecaboCommunity AnswerYou can. You just have to be creative and honest about what you are saying about the product. Also, it is still recommended to have a website.
References
- ↑ https://www.shopify.com/encyclopedia/affiliate-marketing
- ↑ https://www.smartpassiveincome.com/3-types-of-affiliate-marketing-explained-and-the-one-i-profit-from/
- ↑ https://www.affilorama.com/market-research/researching-affiliate-programs
- ↑ https://ahrefs.com/blog/how-to-use-google-trends-for-keyword-research/
- ↑ https://ahrefs.com/blog/google-keyword-planner/
- ↑ https://neilpatel.com/what-is-affiliate-marketing/
- ↑ https://blog.hubspot.com/marketing/how-to-create-an-ebook-free-templates
About This Article
There are many ways to make money from affiliate programs, which vary widely but typically pay per commission, referral, or click. If you have a website or blog, search online for programs that could fit into your niche and sign up to receive affiliate links you can add to your site. Then, when someone clicks or buys something through your link, you'll earn money. However, if you don't have your own website, you can also make money from affiliate programs by writing articles for other sites, or maybe even by writing an e-book on a topic relevant to your affiliate. For more tips, like how to get more clicks on your affiliate links, read on!