Affiliate marketing can be a great business model. There are affiliate marketers earning multi millions annually.
As an affiliate marketer you don’t have to:
- create a product
- create product updates
- store an inventory
- ship products
- deal with billing, collections, refunds or customer complaints
in addition, there are affiliate programs available for any product or service you can possibly imagine. Just go to google and type in your niche and the words “affiliate program”.
Some affiliate programs may only pay as little as one dollar for a signup or sale, while others may pay into the thousands. Your choices are limitless.
There are many way to promote products as an affiliate.
Your very first decision will be whether to use free traffic or paid traffic methods. This will obviously depend on your budget.
The most common method of free traffic is blogging. At most you would need a domain name and hosting to start. Both are inexpensive; you can; you can acquire for under twenty dollars.
Your blog can reside on a free WordPress platform which is the most common platform used for blogging.
You can start by writing reviews on products in your niche. You can spice up your writing by adding images and videos, as well. Add links to your products. When your readers buy, you earn a commission.
Other methods of free traffic generation are posting on social media, creating videos in YouTube, and commenting on forums and others’ blogs.
While free traffic is free of financial cost, there is a cost of time and effort. Returns from free traffic don’t come quickly; it can take weeks or months for results to show up in your bank account.
As the name suggests, there is a financial cost to paid traffic. Testing ad copy, headlines, images and colors can be very costly until you find the right combination that works, if at all.
The big advantages of paid traffic are the results come in quickly and you can scale up winning campaigns very quickly and easily.
There are numerous forms of paid traffic.
Pay per click advertising, where you pay every time your ad is clicked, is available on Google, Bing, Yahoo, Facebook and many others.
With pay per view advertising you pay every time your ad is viewed by your prospects.
You can pay to place banners promoting your product on others’ websites through places like the Google display network and many others.
Native ads can be placed cheaply on many well known websites.
The key to your success will come through educating yourself first. You must understand that affiliate marketing is a real business and, as such, you must have an idea about what’s necessary to succeed before you jump in.
In order to succeed, you will have to commit to effort, work and education. You can start by
Hope this info helps.