Affiliate Marketing Guide: How to make money as an affiliate
Many bloggers make more money through affiliate marketing than through contextual ad networks like AdSense. Affiliate marketing gives you a steady stream of income. In this affiliate marketing guide, we explain how to get started as an affiliate marketer. We also explain how exactly how affiliate marketing works.
What is Affiliate Marketing?
Affiliate marketing is an arrangement where a retailer, in this case, the advertiser pays a blogger or a site owner a monitory compensation or commission when users of your blog or website purchase a product or service through the referral link place in your blog or website.
Affiliate marketing works on a Cost-Per-Lead (CPL) or Cost-Per-Acquisition (CPA) basis, unlike other display ad types that pay based on the number of clicks or page views. In affiliate marketing, you only earn a commission when someone buys a product or sign up for a service.
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Affiliate promoters usually pay out much higher commissions to bloggers and site owners. This is because the advertising has little or no risks at all.
In affiliate marketing, you have to make research about products and services that will be useful for your users. It requires a lot of hands-on approaches. One thing is for you to see a useful product or service, and another thing entirely for the product’s owner to offer an opportunity to partner with you, a publisher. After finding a useful product or service, you have from a company that has affiliate opportunities; you have to strategically add the affiliate products or services to your blog or website. You can do this through banners or text with your affiliate links. This is to ensure that users see the affiliate display, and possibly buy through your blog or website.
How Does Affiliate Marketing / Tracking Work?
To get started with affiliate marketing, first, you have to find a product, service, or company that you want to promote. If you do not have a blog topic or article that already covers the product or service, you need to write one. It is easier for users of your blog or website to buy a product or subscribe for service after reading your article relating to that product or service.
Having seen the product or service that you want to promote, the next thing is for you to join the company’s affiliate, associate, or partner program.
Once you join the company’s partner or affiliate program, you will receive an affiliate ID. It is the affiliate ID that you will use in all affiliate links that you add to your blog or website. With this affiliate ID, you can promote the product or service. It is also this affiliate ID that helps in tracking all your affiliate links click.
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You can implement your affiliate links in your blog or website by writing a review in favor of the product or service. You can also recommend the product or service in your other articles that are related. Also, you can use display banners, mostly provided by the company you are partnering with. You can also send email newsletters to your subscribers promoting the product or service. All clicks or traffic from your blog or website to the merchants’ website will be tracked using your unique user ID.
Once users of your blog make a purchase through your affiliate link, you will be paid a financial commission. Companies with product return policies do withhold commission payment till a particular time. some up to 60 days before commissions are paid.
How to Get Started with Affiliate Marketing
If you are using the correct blogging platform and you are allowed to promote affiliate products or services on it, then you are good to go.
If your website or blog is self-hosted, then you can promote any product or service the way you want. On a self-hosted blog or website, you can efficiently manage your affiliate campaigns.
With the knowledge of the company, product, or service that you want to promote and having a user-friendly blog or website, then you need to add a disclosure page to your website so that the users will know how you make money from your blog or website.
Finding Affiliate Products and Services to Promote
There are several ways to find products and services or companies to partner with as an affiliate. We have listed below some of the easiest ways to find products or companies to promote.
1. Become an affiliate for products you already use
Everyone has used one product or the other or one service or another that offers affiliate marketing opportunities at some point in their life. Consider some of the products or services you have already used and were very useful to you. It will become very easy for you to convince your users about these products or services having used them yourself.
The next thing you should do is to join the company’s affiliate program. Head to their website, search for their affiliate program registration page. Then is available, enter all the required information and submit. Within days, if your application to join their affiliate network is successful, you will be contacted. This is done most time through an email that contains your affiliate login details and other credentials.
It will interest you to know that many companies are looking for partners and affiliate marketers to promote their products or services.
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2. Look for products other blogs are recommending
Another way to find products is by looking at other blogs in your niche. This way you will be able to see other blogs or websites using affiliate marketing to make money.
How to know that they are promoting affiliate products
Affiliate ads are most time very noticeable. Take your mouse over any banner ad in your target website or blog, in your browser’s status bar, you will see an affiliate link. An affiliate link is usually long because it contains an affiliate ID. This affiliate ID is what helps merchants to track clicks and traffics coming from your website or blog.
When you click on an affiliate link, it takes you to the product or service website. Affiliate links are also embedded in other content on your target website.
So go ahead and cl1ck on any banner advertisement on your t