So you’re tired of working 9 to 5 and ready to be the next great entrepreneur. Fantastic – the world needs great minds! You quit your job because you heard that network marketing is what you need. You grab your laptop, open up the Internet and … remember that you don’t know how to start affiliate marketing.
Don’t worry – that’s what this article is for! Today we’re going to talk about affiliate marketing, or more specifically, how to start making money online.
We’ll walk you through the concept itself, outline the general terminology used in this type of marketing, and give you some tips and tricks. In addition, here we will cover all about affiliate marketing – how, where, and why.
Affiliate marketing is a tricky business. There are many small and subtle nuances that you must grasp and learn by heart if you want to succeed in this area. This is why it makes sense to start from the beginning and cover the general terminology first.
What is affiliate marketing?
If you want to know how to start affiliate marketing, you need to understand what it is. There are many different ways to define affiliate marketing. It all depends on what exactly you are trying to figure out. Plus, when you are looking for ways to become a marketing affiliate, you should know many different types of these marketers.
In its simplest and most generalized form, affiliate marketing is the process of transferring a product or service and advertising it to your audience. Simple, right? Not really.
As I mentioned at the beginning of this section, there are many different types of affiliate marketers worldwide. People tend to choose the type of marketing that suits them best. It depends on your geographic location, initial investment, marketing background, and so on. However, the essential factor is audience size.
Before proceeding, let me emphasize that it is possible to become a successful marketing partner without a social media presence. The vast majority of people who wonder what network marketing does not have an online audience at all.
Whether it’s a blog or a personal page if you have any online presence, great! When you think about how to become a marketing partner, things can seem daunting. This is true to some extent – affiliate marketing is challenging to master in the early stages. It would be best if you had a lot of professional skills in addition to good character traits. An initial audience will help you start and grow your affiliate business much faster.
Whether you write online articles on different articles or have a technical YouTube channel, any audience can help you grow your partner side of the business exponentially. You need to know what your target audience is – after that, the whole “how to affiliate marketing” part becomes much more manageable.
How To Start Affiliate Marketing?
Now that you have a basic understanding of what affiliate marketing is, we can start talking about how to start an online business.
To make it easier to understand and learn, I’ll start by talking about the main types of people involved. I’m not going to cover all of them (it probably wouldn’t be possible) – just the main ones that people refer to when they think about affiliate marketing.
One of the prominent and most frequently encountered persons is a referral partner.
Referral partners receive special links from their sponsors. These links are unique – each link belongs to only one partner.
The links lead to specially designed landing pages for the product or service provider for which the partner is “working.” These landing pages usually have a product or service of some sort that they promote and sell.
When a person makes a purchase (registers, performs some other action – depending on the company’s purpose), the supplier of the product (service) sees that a new client came to the site through a specific affiliate link. In turn, the affiliate receives a particular share of the income (this amount is usually agreed upon before receiving the affiliate link).
I have no doubt you’ve seen this type all over the place – you don’t need to know what network marketing is to be able to promote such ads. For example, many YouTubers do this – you will see how they promote a product and ask people to go to the seller at their specific link in the description below.
This method “as an affiliate marketing” is also prevalent because it does not carry financial risks for the company and the partner himself. Companies only pay affiliates when the purchase is confirmed and the customer’s money is taken, which encourages affiliates to keep promoting the product or service.
If you are looking for such an affiliate program, there are several options you can choose from. Here are some examples:
- Udemy. A MOOC (Massive Multiple Online Courses) provider offering several different courses on a variety of topics.
- BitDegree. Earn rewards for reaching specific partner goals in this gaming eLearning platform.
- TeamTreeHouse. A coding-based online learning platform that invites you to earn money for every successful referral.
Another popular type is a product (service). Here companies offer partners a specific product or service for promotion. After the affiliate has completed the rise, he or she can keep the product for himself. This is usually a one-time thing, meaning that you (as a partner) only need to promote a product once.
If you are looking at how to start affiliate marketing that is not purely monetary, this could be a great way to get started. Many companies (especially smaller ones) like to send them material for reviews and promotions when they begin working with smaller or lesser-known partners. This way, the company will check if working with a partner is worth the long term, and the person doing the promotion will be able to practice and purchase free stuff.
The products you can get will vary greatly depending on the company that chooses to do business with you. If you are starting and the question is “how to become a marketing partner?” Still fresh in your head, you probably shouldn’t expect to have a car or a high-end desktop computer.
However, this does not mean that the goods (or services) you receive must be “bad.” On the contrary, many small companies (especially the ones that sell handmade items) have unique products for you to browse.
While it is generally accepted that influencers (influencers) get in touch with companies that want to sponsor them, that doesn’t mean you can’t follow the same path and get in touch with a company you like. Of course, you might get many negative responses at first, but as you start seeing and understanding how the system works, traffic will begin to skyrocket.
Did you know?
The most popular method for people looking for how to start affiliate marketing is the money-driven method. This speaks for itself: a company or brand pays you a certain amount for an agreed sponsorship. Simple and straightforward, right?
What interests you most is the amount of potential income, right? What can you expect to get paid for a promotion?
Nobody knows for sure. There is no definite answer – each company decides which price will be acceptable and which will be too high.
Remember that many factors play a role here – your audience size, platform, engagement, engagement rate, specialty, and more. Each of these factors can significantly hinder or increase the numbers.
To give you an example of a possible way to get started with affiliate marketing, I have a friend who consistently gets sponsored promotions offered to her. She has a YouTube channel and is well known in the community.
She got her first paid sponsorship when she had about 25,000 subscribers. The company offered $ 100 and a few points for review.
Remember, this is just an example – other people can get ten times that amount for the same type of sponsorship.
There are a few things you (as someone who is thinking of starting with affiliate marketing and looking for ways to become a marketing affiliate) you can do to maximize your potential offerings:
- Grow your audience. The larger your audience, the more likely you are to get reasonable long-term affiliate offers and contacts. Never stop focusing on your audience – define your niche and do it.
- Be ad-friendly. If you want to maximize the number of potential affiliate deals available to you, you should consider becoming (or staying) content-friendly. This means no swearing, controversial topics, inappropriate behavior, etc. Most brands do not want to work with people with an unpredictable reputation.
- Focus on your content. Nobody will work with you if you have a lousy range. Work on things that you would be proud of and would be happy to show the rest of the world.
These are just a few tips that you should focus on to improve your affiliate experience. A person who is looking for ways to start a network business must understand all these points. If you have no interest in the content (or you don’t have online profiles), you will take a completely different approach.
No audience – no earnings?
As I mentioned at the beginning of this tutorial, the vast majority of people looking for how to start an online business don’t have an online presence at all (a couple of hundred Instagram followers don’t count). So what to do in such a situation?
First of all, get an affiliate link. Your best bet would be to join a well-established affiliate program like HubSpot and find a connection there.
Once that’s done, join the many online forums. Strive to more famous places like Reddit, Facebook (specific, specific groups), and so on. Think about your target audience – who they are, what they are interested in, and so on – and try to narrow it down as a result.
Once you’ve made sure you’ve found your niche, you can start looking for ways to promote your link. The first thing to do is read the rules of the forum – maybe it doesn’t allow you to post links at all?
Remember, you don’t have to break up with a boyfriend or girlfriend who has spent the last month looking for ways to start affiliate marketing and is now desperate for clicks. It won’t get you anywhere. Instead, be helpful, connect with people and try to help them whenever you can, and if you see an excellent opportunity to post your affiliate link – do it. Otherwise, you will be banned for spamming.