One of the most popular and best ways to make money on the internet is through affiliate marketing. So this is going to be very important for you if you are just starting a website. Because it earns a steady and highly income from your website. So who doesn’t like that. So let’s see what is Affiliate Marketing. Here’s how to put one together for use with your website and how to make affiliate marketing work.
Let us first look at what Affiliate Marketing is
Simply put, Affiliate Marketing is a way for an online retailer or advertiser to pay you a commission for promoting their product on your referral link. Unlike other advertisement types that pay based on clicks or views, Affiliate Marketing pays based on CPA (Cost-Per-Acquisition) or CPL (Cost-Per-Lead). In other words, you only earn that commission if someone takes action.
For example, if someone buys the product or registers for a free trial, you will only receive a commission for advertising. There is another significance of this system. That is, the advertiser pays a higher commission to the publisher because it has less risk compared to Google Adsense or other types of ads. But we need to get into affiliate marketing with a good approach.
So first we need to find a product or service that you think will be very important and trending to your users. Then you need to add a service or product as a post on your blog or using some space on the site so that your users can buy products using your link.
You can use youtube or social media page or profile or even email marketing for this. But to promote the product link, only the methods approved by the relevant company can be used to promote the products. It deserves special consideration. While it is not mandatory to have a website here, having a website can be an essential factor when working with many companies and getting approval to promote many products.
How does Affiliate Marketing / Tracking work?
First you need to find a company or product that you want to promote. We need to be more careful when choosing these things. Because what you choose should definitely be important to your users. The product or company you choose here is called “Merchant”.
Next you need to join the partner program of that company and become a partner of that company. Then you become an affiliate of that company. Some companies use associates, like partners but.
You will receive an affiliate ID after joining the partner program or affiliate program of that company. You can then use this ID for affiliate links that you add to your website to promote the product.
Then you can promote the product or company in any way you want. I will say a few suitable ways for that. You can add in-depth product reviews. Or you can recommend this product or company in your articles. You can also display banner ads. You can even make videos on a youtube channel, or send an email newsletter. As mentioned earlier, even using social media is not impossible. Find out more about ways like this. So every attempt you make, your merchant can track everything you do with the ID you have received.
So while doing this you get a commission when your user makes a purchase. You can get your payment about 14-75 days after you earn it. The number of days you earn and the amount of time you spend on this product can vary.
Let’s see how to get started with Affiliate Marketing
First you need to see if you are using the right blogging platform. Also, first we need to make sure that you have permission to run affiliate marketing campaigns on your website.
For example, if you use WordPress.com, there is a limit to what you can link to. You can search the internet for more information.
On the other hand, if you use a self-hosted WordPress.org website, you can add any link and you can quickly translate your business into an efficient one.
So if you have not already created a website reading this article, start a website today before studying this bit. It does not take you long to create a website.
Next you need to let your users know how to make money by adding a disclosure page to your website. You can search the internet and find a disclosure page and use its template for this purpose.
know ? This is a must have, for any WordPress blog. This page will not only save you from legal issues in the future but will also help you build trust with your audience.
Let us now see how to find a suitable affiliate product to promote
There are many ways to find the right products and companies for you to partner with. Here are some of the easiest ways to find products and companies.
1. What products are you currently using?
First you need to think about what products you are currently using. What are the advantages of that product? Analyze what you already know about the disadvantages. So since you know the product personally, it will be easier for you to convince your users about the product.
Next, go to the product’s website and search for words like ‘Affiliate program’, ‘Partners program’ or ‘Affiliates Markating’. Many companies are looking for affiliate marketers to promote their products.Then they put a link to the footer of their website on the page. You can get an idea of it from this screen shot.
2. Look for products that other blogs recommend.
Another way to find products is to look for other blogs similar to yours. You will find a lot of blogs that are used to make money similar to your blog.
3. How do you know they promote affiliate products?
To do this, first look for a clearly and easily identifiable banner ad on their website. Then hover the mouse over the banner ad. Then you can see the link in the browser’s status bar.
This link often has an affiliate ID. With the help of that affiliate ID you can see which affiliate partner sales have been sent to the merchants.
At first glance these links look like external links. But if you click on that link you can go to the product website with the affiliate marketer’s ID. So this way you can find more product.
4. Join large affiliate networks.
Another way to find products for promotion is to join affiliate networks. These sites and blogs act as intermediaries between affiliate marketers and merchants. So here you can see that many of the products and companies you want to partner with use affiliate networks. So using this method you will be able to find many products and companies quickly.
5. Find out about companies.
If none of these methods really work for you to promote a product, and you can not find any information about the affiliate program, you can easily send an email to companies.
Some companies do not actively promote their affiliate program. But if they have an affiliate program you can invite them to join.
Here are some popular affiliate marketing networks you can join.
Let’s take a look at some Affiliate Marketing Tips that can help you increase your earnings.
We have now learned the basics. Let us now look at some ways in which we can increase our earnings.
Choose good products and companies for promotion.
Of course as an affiliate marketer all you can do is promote the products and services. You cannot control the future of products. Will the demand for that product continue to increase? Or you can not decide whether to make a loss. That’s why when you choose products and companies, you should use them to recommend the best products of reputable companies.
The easiest way to do this is to choose to recommend and promote the products and services you actually use. If you want to promote a product that you think is useful, feel free to contact them and find out more.
If you talk to them well, they can give you a free account so that they can understand you and review their products or services.
In addition, the problem is that even if a product is sold or the action they expect takes place, the commission will only pay you if the action takes place within a period of time approved by the company. Pay attention to that too. There are times when the action is not exactly tracked. In that case, if there is no way to prove that the action took place, we will not receive the commission. We have to accept that disadvantage reluctantly in affiliate marketing.
Present useful and valuable content.
You can add affiliate links and banners (HTML code) anywhere on your WordPress website. But just placing the banner does not make your product reach users or buy the product.
So what can you do to promote this product on your website?
You can post valuable information about this product on your website. It conveys the importance of this product to people. Most affiliate marketers do in-depth product reviews about the product. Or they use video reviews for that. You can also compare the pros and cons of that product with other products.
Always remember what your audience is like.
What is the audience on your website like every time you choose a product? Always remember what kind of things they like.
For example, if you run a site like wigasa.lk that I run, you can promote things like website builders, hosting, themes, plugins, etc.
And remember. Do not choose products in return for giving you a higher commission. Definitely be concerned about their quality. Because if someone buys a product because of your recommendation and it is not as successful a product as you say, their trust in you may be shattered and they may not trust your recommendations again.
We will talk more about affiliate marketing in the future. Comment below your thoughts and questions.