Affiliate marketing made easy, your questions answered and a true guide to finding the best affiliate opportunities and benefit from them
What is so good about Affiliate marketing anyway?
To start with think of the best business intown, one you can start with little or no money and grow to a million dollar income.
- No stock to buy or hold
- Invoicing by others
- Debtors controlled by someone else
- Income unlimited
- Work from anywhere and anytime
- Little if any capital required
If that sounds like a good idea then lets dig in a bit deeper and see just what we can find.
Can anyone be an affiliate marketer?
The simple answer is yes, however anything as good as this must have a big barrier to entry.
Before I tell you how easy it is to become an Affiliate let's look at some ground rules.
You need to have an understanding of Web pages and marketing to be able to attract customers.
Imagine walking into Nike and saying ” I want to sell your basketball range of boots”
Great says Mr Nike we would love to have you on board however just run past us how you are going to achieve sales of the product and what sort of volumes you expect.
Well you say, I want a pair plus my cousin Derek might be keen and I will go down to the school ground tonight when the boys are shooting hoops and ask around.
Mr Nike will nod his head and say great we will call you, thanks for coming in. The call will never come, you will not get your cheap pair and you will be racked with despair for failing a great opportunity.
In most cases you need a resume or at least an ambition based on reality
You can be an affiliate for great organisations today (and I shall show you how) but everyone wants people that will be active in promotion. What's more having a few basic skill sets will give you a better than even chance of success.
You go back to Nike and say I want to sell some basketball gear as an affiliate. I have an online store and moving quite a bit of Reebok stuff but really like your product.
There is a big demand for TN's around our area and I want to specialise in them.
You would certainly have a great chance of receiving a call from Mr Nike.
This is your starting point to success. Not only will you get free training, start as an affiliate right away, join a forum you may even get a free website. What more can you want?
You know what you want you just don't know how to get it
First of all there are virtually unlimited affiliate opportunities in any range of products that you can think of.
However many have conditions that may not meet your needs. An example is Amazon where commissions have crashed to a point that only volume will generate income. This was traditionally the starting point for many new players but times change.
Some run their own affiliate sites others place the obligation with managers, like CJ , Nanacast
etc. In many ways this is a good approach as you can believe in the integrity of the information.
To find an affiliate option it is really easy. Wealthy Affiliate have a couple of thousand recommended outlets or simply go to Google Type in a product, space, affiliate and you will see what is available.
Make a plan to generate income
It is one thing being an affiliate it is another making it work for you. If a product is popular the sellers will be numerous and obtaining traction will be difficult.
What are the commissions | Too low is difficult but too high sounds an alarm |
How often are they paid | Monthly is good however quarterly sucks |
What is my opposition like | Can I get a voice on the internet |
Other ways to sell | Forums, Demos, groups etc |
Support network | Faults and returns etc |
User comments | Listen to others and act on advise |
Necessary spend | Facebook ads etc |
A sale or recurring income, which is best?
You will get no argument from me on this. I love recurring income where you share a part of a regular billing program and build a base of customers.
However it is often a balance between cash up front or trusting the relationship will last a long time. Examples of recurring income are in web hosting, data storage, email programs, video storage, CRM programs, training packages.
The balance is in the turn over of the clients, if they only last a few months you are not getting a good return however a multi year customer is a great income generator.
Income is generally related to sales. If you sell the odd truck and make a $1000 a hit it is good money however if you sell 100 widgets a month and make $10 ea it is much the same.
Where to start the journey
- Understand what you want to sell
- Setup a plan
- Take a basic course
- Select a domain name and website host
- Build a WordPress site
- Understand SEO
- Have a Facebook page and Instagram account
- Now get your affiliate link
- learn ways to market the product
- Bank the money
You will need to show any company that you have a way to sell the product or you simply won't be accepted as an affiliate.
Therefore set up your structure first and then go to the market.
Affiliate Marketing Made Easy, Your Questions Answered about your empire.
Building your empire
The first sale is a real buzz, it proves you can do it. However that is just the start. You are building a business that will sell at any time of the day furthermore working from anywhere.
I don't advise giving up a day job as this can be done as a side hustle until the income is sufficient to keep you employed. Always keep a bit of money aside to cover for the down times because life is not Utopia, you never know.
Affiliate marketing is the best job in town, it just needs attention and time to be successful.
Conclusion
I am an affiliate for about a dozen different companies. All of them related to business and growing your income. This way all my eggs are not in one basket and I can recommend different things at different times.
With over 500 blogs in the market my reach is quite wide and my security is based on diversity.
Once you start the journey then you will start to add new products and grow in dimension so you get income from different streams.
The problem is getting stated, only you can do it