How To Make Money Online with Affiliate Marketing
5 Steps to Earning Extra Income within 24 Hours
Affiliate marketing is the fastest way to make money online. You can learn how to earn commissions using affiliate marketing. In this post I’m going to share the 5 steps you need to know that can get you earning extra income within 24 hours.
With affiliate marketing you can either be the vendor or the affiliate. Vendors provide products and affiliates sell other peoples products.
You can become an affiliate with the company and products that you choose. If you are an affiliate selling another vendor’s products, you don’t have to purchase, store or inventory anything. In many cases they create the advertising and the website, all you do is point people to the ads or website links. It’s really that simple, and you can start making money online instantly.
The best thing about being a vendor or reseller with an affiliate marketing is that other people are actually working for you… on commission. This allows you to sell your products 24/7 and it is a win/win situation. You can let other people build your business for you.
Every day you can have people selling for you. Or, if you don’t have products you can sell theirs. Most of the best affiliates have successful products, so they have taken care of most of the selling for you. Bottom line, affiliate programs work.
If you have products and affiliates selling for you, reward them financially and recognize them for good work. Respond to the trends and needs of your audience. Find a program that has reoccurring revenue and then pass some of the profits along to your affiliates.
Depending on the nature of your business, there are many affiliate programs available. You can sell others’ products on your site through links or you can sell your products through affiliate websites. All of this can be done with little or no knowledge of programming and in some cases even without a website.
While the numbers vary depending on the source and the time frame, there is no doubt that affiliate marketing is a multi-billion dollar industry. The data and research available is vast, but should provide enough evidence to motivate you to grab your market share.
Follow these 3 Steps to Start Making Money Online
1. Choose Your Niche Market
You’ll probably want to choose a niche that interests you. For instance if you like to fish, then choose a market that caters to fishing A simple google search shows over 500,000,000 results for fishing. Then you’ll want to get specific, like maybe fishing lures. The more specific your niche is, and the more passionate you are about the market, the more likely you are to succeed.
Here’s a great video to help you choose your niche.
2. Setup a Website Tailored to Your Niche
Get a domain and website from a web hosting company to place your affiliate links. We like Hostgator and they host most of our sites. You don’t need anything fancy, just choose a domain that caters to your niche and then use one of the free templates available to build your website. You can use your affiliates links and graphics on your site, so you don’t have to worry about designing them. Once you get the site built you’ll want to drive traffic to your site with offers. You can generate traffic from social media sites for free. Later on you can setup a blog and capture pages to build your list, but that’s not important now. In reality you don’t even have to have a website, but it will be important later as you develop brand.
3. Setup Accounts with Affiliate Marketing Companies
Find a sponsor for your web site using ShareASale and get paid for your great content. You can browse and find merchants that offer products in your selected niche. Another source for finding affiliate offers is LinkShare, they are one of the earlier pioneers and have a huge inventory of vendors to choose from.
4. Choose Your Affiliates
It’s recommended that you purchase and use the affiliate products that you promote. If you want to get started quickly, and you’re not already using these products, obviously you’ll have to develop that over time. But, this will make reviews easier as you can attest to the quality and reliability of these products or services. Once you find some products you feel comfortable with, setup an account and let the vendor or supplier know how you’ll be promoting them.
5. Start Promoting Your Affiliates
There are many ways to promote affiliate partners, so you can be creative here. In some cases you can direct link directly to their site, so you don’t even need a website. In other cases you may write a blog like this one or write reviews. If you have an email list then you can promote to them. The most creative marketers are usually the ones earning the big commissions. The more people who see your ads or promotions, the more likely you are to create sales.
Affiliate websites must attract lots of targeted traffic to succeed. That’s where blogging can help you when your articles are related to your ads. It’s best to employ a mix of marketing strategies to increase your traffic to your website.
Here are a few ways to increase traffic:
- Paid Advertising – Google, Facebook, Bing
- Free Advertising – Craigslist, Backpage, IBO Toolbox
- Blogging and Articles – Blogger, WordPress, Ezine Articles
- Email Advertising
E-mail Marketing is valuable to building your business. Most visitors to your site will not buy and are likely to never return. So it is important to capture their names and e-mail addresses so you can stay in touch. Aweber is a great resource for email marketing and offer a free trial to get you started.
Many of the big time marketers have their own systems that you can plug right into and start making money. One of the best affiliate marketing systems I’ve found is Patric Chan’s CB Passive Income. Chan is the best-selling author of WakeUp Millionaire and many other books. In his Passive Income Blueprint he shows you how you can generate income from the internet and clone his entire Internet Business System.
So, now you know what to do, all you have to do is get started. If you follow these steps you can literally start making money in the next 24 hours. BUT, you have to take action.
Walt Disney said… “The way to get started is to quit talking and begin doing.”
I’m going to quit talking so you can begin doing…
All the best,
Barry Page is a recognized author and publisher of multiple blogs, websites and videos. He is a leading expert on private banking and internet marketing. He specializes in showing families how to increase their happiness, health and prosperity. His business is based in Ocean Springs, Mississippi and he services clients throughout the country.
Disclosure: We get paid commissions as an affiliate for some of the links on this website. We are a professional review site that receives compensation from the companies whose products we review. We try to test each product thoroughly and base our recommendations on those experiences. We are independently owned and the opinions expressed here are our own. Each individual’s success depends on their background, desire and commitment. As with any business endeavor, there is an inherent risk of loss of capital and there is no guarantee that you will earn any money.