We are starting a new series on Affiliate marketing and this is our first article. We will learn how to start your career as an affiliate marketer in less than 5 minutes. This series on Affiliate Marketing will try to teach you all about Affiliate Marketing and how to get your first sale.
Affiliate Marketing can be described as the marketing or promotion of products of a company, who you are using or have used in exchange for some mutual benefit of both the affiliates and the company.
The company gets new clients, while you get the revenue. This revenue can also be called as a commission.
As an affiliate, you will be given a unique URL or Uniform Resource Locator or in simple words a direct link to the website that reaches the sales page of company’s website. If the user purchases the product after visiting from your link, you get a commission.
You can use your affiliate links on your own website, social media, and your newsletters.
We often come with some questions regarding Affiliate Marketing and we will sum them here.
What are benefits of Affiliate Marketing?
There are numerous benefits of Affiliate Marketing and they are
- You get trust from the product owner.
- You gain trust from your visitors.
- You do not have to own any products to start your business.
- You do not have to get any payment gateway.
Affiliate Marketing is just like building your business without having any business at all. You just have to refer people to get the service and you are done.
Since you have no physical business, it means there is no liability towards your website, social media or newsletters. Everything like managing sales, answering questions, answering pre-sales questions and every other physical task has to be done by the party that owns the business.
What is in Affiliate Marketing for Me?
Just as I said above, you only have to promote the products in your circles. Any person that purchases the given product from your link becomes the new client for the business and you, in turn, get significant commissions on each sale.
In case of web-hosting business, any affiliate that is able to generate a single sale per day is considered good affiliate and Hostgator used to give them extra money on every sale.
Ex – We take the example of Hostgator Web Hosting
- 1-5 Sales – $50 Revenue
- 6-10- Sales – $75 Commissions Per Sale
- 11-20 Sales – $100 Commissions Per Sale
- More than 20 Sales – $125 per signup.
There are many affiliates which could send targeted traffic to Hostgator and earned quite a lot of money just from their affiliate income. So if you managed to get more than 20 sales every month. You could be making more than $2625 per month on just one web hosting affiliate program.
This does not include your own revenue from any other platform.
Do you need a Website to Start?
This is one of the most asked questions, and the answer is you can start with or without a website. There are many who do not have a website but manage to get quite a large amount of sales every month, while there are many who have good websites but do not manage even a single sale.
There are many affiliates that I personally know earn good affiliate money using online advertisements and social media links. Since they have quite a large following on social media they manage to get few sales from them.
However, if you want to succeed as an affiliate marketer then you will have to build a relationship between their target market and audience on their own website.
Some of the good affiliate marketers have been in the business for more than a decade and have built relationships. With this relationship, comes word of mouth publicity and this gives you another headstart about prospective clients.
Where can I Find Products to Sell?
It depends on the products that you are looking to promote. Some products are available on their own websites as an affiliate portal while some have listed their products on Amazon.
The best thing for anyone to start their career as an affiliate marketer is to start promoting Amazon products as Amazon Affiliate. This way you can build a website with readership then promote the products on your website.
Every product sold on Amazon gives you anywhere from 1% to 6% commissions and if the sales are large, it can turn out to be a big revenue earner for you.
If you want to sell digital products, there are other websites like
- WarriorForum.com & WarriorPlus.com
Do the Companies Really Pay?
As an affiliate marketer, you always want to get paid when you work hard and get some commissions. There are some companies who have a fixed payout amount and before that, they will not release payments.
For Amazon, it is $10 via Amazon Gift Cards or if you want money in your Bank Account via cheque then you need to get $100 in affiliate commissions.
This can not be said about individual companies promoting their affiliate programs on their own websites, they may or may not pay out the commissions. If you want to get paid every time then you need to use an affiliate program that has good reviews and pay’s out well.
Affiliate Marketing is one of the easiest ways to earn money if done in the right way with full disclosure. If done the wrong way, it can even waste your hard earned money. You also need to carefully plan which product you want to promote.
Always promote that product which is in demand as they are quite likely to get sold while old products may or may not get sold even with the discounts.
There are always some products which do not have any expiry date and will sell even if they are quite old.