How Affiliate Marketing Works: 5 Easy Step!
Affiliate marketing is one of the most popular ways to make money online!
What is affiliate marketing and how does it work?
It’s when you earn a commission for selling or introducing a company’s product or service.
As an affiliate, you can promote their product on your social media, blogs or other online media.
The company you promote will give you a link that will track your results and reward you with commissions.
The concept is very simple, manageable and easy to learn for the average person.
However; although one of the easiest ways to make money online, it takes more than just clicking a few buttons before affiliate marketing makes you money.
You might ask; what are the step-by-step affiliate marketing basics.
FIRST of all, you want to find a product or service that you really really really like. Don’t try something just to make money.
If you don’t like it, you won’t stick with it during the hard times.
So spend some time researching. Don’t move forward until you’re sure you have a winner, something you would like to promote.
You’re looking for something that is a PROVEN WINNER and something that you FEEL GOOD ABOUT REPRESENTING. Make it something that has to be purchased on a MONTHLY basis.
In the beginning, stick with niches that have proven successful.
What are the The top three affiliate marketing niches; they are:
1. Wealth
2. Health
3. Relationships
If you pick one of those main 3 niches, you can’t go wrong. Yes; there is a lot of competition. However, there are millions and millions of people needing help in those areas.
There is an ocean of customers, opportunities, products, niches, micro niches where you can dig in and get a large piece of the pie… and even dominate in a particular micro niche!
It is vitally important for you to choose something that has to be purchased monthly.
Why?
After the initial sale; you will get monthly residual income without effort. Nice!
SECOND; I recommend you research a couple of mentors that have success in the niche you have chosen.
I also recommend that you pick one product or one service instead of trying to do multiple products. Trying to promote multiple products will not necessarily make you more money.
Yes; you can promote multiple products at once. But if you are a Newbie, I suggest you start with one.
THIRD; learn the basic mechanics of affiliate marketing which is centered around sending out emails of your offer. Don’t worry if you are not a good writer. There’s ways to get around it.
And there really are only five basic steps which include; learning a strategy, effective email SUBJECT LINES, writing a simple AD (in many cases it just needs to be a couple of paragraphs), TRAFFIC, and FOLLOW-UP.
FOURTH; then choose your primary way you’re going to get traffic. Eventually you should think about secondary traffic forms. Diversify.
Remember, it’s better to be a master of one thing than to be a rookie at many things.
THE FIFTH; learn and do the basics of follow-up. In other words, after the sale you have the opportunity to follow-up your customers who usually will buy from you again.
This is something most new marketers are afraid to do; follow-up!
Why?
Followup is basically customer service. Like any other business, after the sale you have to satisfy customers for one reason or another.
Once you’ve gotten this under your belt and you are rolling forward, part of your follow up will be showing others exactly what you do. They will become part of your team because there success is your success also.
A BONUS TIP for you: when you’re looking for a mentor to follow; look for someone that models a marketing STRATEGY TO DUPLICATE that doesn’t require total dependency on their custom software from A through Z.
Why?
Because; many Gurus do this because it requires YOU to depend on THEM for your biz to function successfully.
The problem is, when they decide to move on and shut down there custom software it may mean you will lose months or years of hard earned work!
THE BOTTOM LINE; learn the BASICS and a MARKETING STRATEGY that does not solely depend on one specific Guru software.
If you are interested in an affiliate/email marketing program that scores an A+ with all of these tips, you can visit my #1 Business Opportunity For 2023 below.
I hope these pointers have answered the basic “how to’s” of how affiliate marketing works. If you have any questions feel free to ask any time at my ”contact page”.
