Simply put, affiliate marketing is when you promote other people's products and/or services with a specific affiliate link to earn commissions from the sale.
In affiliate marketing, you don't have to create or sell anything yourself!
This type of low-cost, easy form of online business is perfect for those who want to explore entrepreneurship without the risk and commitment of starting something from scratch!
Affiliate marketing is often seen as one of the easiest ways to make money online because it requires no start-up capital or inventory.
For example, if you have a blog and want to earn money from affiliate links, you can find products that are related to your niche or topic and then place affiliate links on your website.
When someone clicks the affiliate link and buys the product, you will be paid a commission for referring them to that product.
Affiliate marketing is also known as affiliate sales, affiliate marketing, referral marketing, or affiliate networking because of its association with affiliate networks which act mostly as mediators between affiliate marketers and product owners.
Affiliates are paid either on a pay-per-click basis (PPC), on a percentage per sale (PPS), or a fixed price per sale. It varies depending on what affiliate program you are affiliated with.
According to one of the most popular affiliate programs out there, Amazon has over 1 MILLION affiliates worldwide.
Even though they're not all active, that number alone proves how profitable affiliate marketing can be - it only takes one successful transaction resulting in a commission for you to start earning money with it!
That's why people that are interested in affiliate marketing should start making their affiliate income as soon as today!
If you're able to generate a lot of traffic to your affiliate links, affiliate marketing can be extremely lucrative.
Benefits of Affiliate Marketing
The affiliate marketer does not need any start-up capital or inventory but earns money through affiliate links. There are no risks and it is relatively simple to do.
Some benefits of affiliate marketing:
- There is little to no start-up capital required
- It is relatively simple to do (but not easy)
- No need to hire a team to support you
- Zero overhead
- No fulfillment
Becoming an affiliate marketer has unlimited potential for income generation because it is the easiest way to be successful in this make money online space.
Even those with no prior knowledge can learn how affiliate marketing works and start to become successful as an affiliate marketer.
Why Affiliate Marketing Can Be Great for You
Affiliate marketing is a great opportunity for entrepreneurs because affiliate links are usually hyperlinked to affiliate products or services that the affiliate marketer has absolutely no responsibility for making available to the affiliate's audience.
This means that affiliate marketers can create affiliate links for books, courses, websites, and more without feeling any sense of obligation if the affiliate product becomes unavailable.
They simply remove the affiliate link until the affiliate product is again available.
Furthermore, affiliate marketers don't need to devote much time to making money online through this form of advertising other than writing content about the product they are promoting.
For example, an affiliate marketer might spend five hours one week creating content about items they want to sell while only devoting ten minutes per day (or less) to affiliate marketing tasks like writing affiliate links.
In fact, some affiliate marketers have been so successful at affiliate marketing that they have been able to quit their day jobs and do affiliate marketing full time.
How To Start Your Own Affiliate Website
The first thing to do is to get a domain name.
The affiliate marketing site will be about affiliate marketing so the domain name should have an affiliate in it.
For example, affiliatemarketingbest.com.
You can use either .org or .com but I recommend com for affiliate sites because people are more used to the .com format and remember it better.
If you want to, you can also create affiliate marketing websites about other topics that are related to affiliate marketing.
Once you've completed this process, you can use a website builder like DropFunnels to build your affiliate marketing website from scratch, or you can use a pre-built affiliate marketing site template.
Either way, once you have an affiliate marketing website built it's time to add content! The more valuable the content, the faster your affiliate marketing website will grow and become popular.
You'll want to start by adding content that isn't promotional in any way!
Blogs work really well for this type of affiliate marketing website because they're easy to create and you can add new posts often.
You can also make videos, infographics, webinars, ebooks, etc., but these take a bit more time and organization so get started with blogs
Affiliate marketing can be really lucrative if you do it right!
The benefits of affiliate marketing go beyond just making money; there are other perks like having more control over your time, getting out of debt faster with passive income, etc.
If this seems interesting or appealing to you then let us know what you think in the comments below!
And don't forget that we're always here to help answer any questions about affiliate marketing too - our team loves helping people get started online 🙂