If you are a common man like me, if you were not born with a silver spoon in your mouth then there is a very high possibility that you have been looking for a job: be it a part-time or a full time.
While we were searching for a job in our day to day life, it made us realize that the competition is very tough out there. So, is there any alternate way which can make us able to pay our monthly bills and dues without a dig in our pocket?
The simple answer to this question is YES, and the common alternative that instantly comes to our mind is to start an online business from home. Yes, this is completely possible and as you must have figured out that there are a numerous way through which we can make money online. To be honest, most of them are some ‘Get Rich Quick’ Scheme or some ‘Shiny Objects’ which will promise you to make a fortune overnight if you give them 100-1000 bucks or more. Will you fall for this kind of lucrative offers? You must NOT. ‘Getting Rich Overnight’ thing is a tell-tale sign and you must avoid them to prevent yourself being ripped off.
So here comes the most important question: “What will you do?” and my favorite answer is “Affiliate Marketing”. It is one of the proven and battle tested method to earn money online genuinely. Through Affiliate Marketing you can start an online business from the scratch and make a substantial income, even in the range of 5-6 figures per month over the period of time. Today I am going to lay out the step by step guide on affiliate marketing for beginners.
Affiliate Marketing- A Proven Business Model
Affiliate Marketing is basically a business model in which you earn money by promoting other people’s products and services. As an affiliate when you promote a product or service of a company and someone buys the same through your link, the company compensates you, i.e., you earn a commission on your sale.
Affiliate Marketing is one of the most lucrative and most evolving industries in the world. In the U.S. alone the industry is expected to reach $8.2 billion by 2022. Moreover, the current number of Internet users is around 4 billion around the world. This number is growing rapidly day by day and all these users are your potential customers. So it is the best time to join this industry and have your fair share of success.
The process of Affiliate Marketing involves the following steps:
1. A customer/potential buyer searches for a product online or visits social media for information regarding the product.
2. The customer reaches your website and reads your content.
3. The customer sees the value of your recommended product and buys it.
4. You earn your commission (1-75% of the product value).
That’s it. Simple, no rocket science. This is the complete breakdown of the processes involved in Affiliate Marketing. For better understanding of the process refer to the following diagram-
Let’s Get Started With Affiliate Marketing – Basic Requirements
Now you have a basic idea of what affiliate marketing is and how it works. In this section, I will show you the steps that you need to follow to get started in the field of Affiliate Marketing and become a successful online business owner.
There are 4 simple steps that you must follow to start your business from the scratch which has the potential to become an Affilaite Marketing Empire. I have broken down these steps for easy understanding.
I will elaborate the process for your convenience:
Step 1: Choose Your Interest. This is the most important step as you will be creating content around it. Interest can be anything, your hobby, your passion or something you are knowledgeable about. With the rise of Internet, you can choose any topic of interest and research about it and can create content around it. It is not completely necessary to have a firsthand experience with the chosen interest.
Step 2: Build Your Website. Building your website is another critical element of your business. Your website should be simple yet attractive. Affiliate Marketing can be done without a website also, but if you want to create a brand within the industry, if you want to be highly successful, if you want a massive traffic, a website is a must.
Step 3: Attract Visitors. Visitors or Traffic is another key component in Affilaite Marketing. Higher the visitor, higher the clicks, higher the revenue. Traffic is basically of two types: Free Traffic or Paid Traffic. Free traffic is best recommended for a beginner. If you go for paid traffic without proper knowledge you may end up throwing your money down the drain.
Step 4: Earn Revenue. This is the sweetest part of the deal. Earn revenue once you are able to generate steady traffic on your site. The more quality traffic you have in your site, the more revenue you earn. You can literally promote over 550 million products/services online as an affiliate.
If you follow these key factors and go through the complete step by step training, only time is in between you and success.
How Much Money Can You Make With Affiliate Marketing?
To be honest, it absolutely depends on you. Money can be made online, it’s a proven fact and people are earning money in 5-6 figures per month. You will not be making this kind of money in the starting though, but with consistent hard work and step by step training and by implementing these steps you will be able to generate a huge amount revenue in due course of time.
Let me tell you something, if you want to make money, so much money that you can get rid of your current job (if you are unsatisfied with the workload and the paycheck off course) then you need to focus and work hard and smart. Being consistent is the key to your success here.
The bottom line is, the amount of money that can be earned is directly proportional to your hard work and consistency. You have to provide value to your visitors/readers, if they are satisfied with the value provided, they will definitely try out a product that you have recommended. One more point on which I always give importance is to be 100 percent honest with your customers/visitors. Be authentic, then people will value you. Be it Online or in Real Life. Never forget this.
Some Common Questions I Receive About Affiliate Marketing
1. I don’t have a product of my own. Can I earn money?
=> Absolutely YES. This is the beauty of Affiliate Marketing. You don’t have to own or create a product. You can simply promote a product or service of others ( a person or company).
2. What should be my primary investment?
=> Your primary investment should be your time and money, off course. But if you are a beginner there is no need to invest a significant amount of money. You can get started for completely free of cost.
3. Can I make money overnight or within a few days of starting?
=> I will tell you the brutally honest answer: “NO”. While some people in the internet will promise you to make rich with a few clicks, they are most probably bluffing. Affiliate Marketing is definitely not a Get Rich Quick Scheme. You need to work consistently with complete focus and dedication to earn a handsome amount of money.
Conclusion: Affiliate Marketing- Worth It ?
Certainly YES. There is no doubt that there are plenty of competitions out there. But if you are determined and willing to put in the effort, no one can stop you from achieving success. It is very much possible that you will be earning a 5-6 figures income in next 2, 3 or 5 years. Only secret is that you must put in the effort required and stick to it. Some people just start and give up if things don’t work out in a month or two. The main factor between you and success is persistence, you just need to stick with the process.
Now if you have decided to try out Affiliate Marketing, there are basically two ways- you can either start on your own and figure out everything yourselves or you can follow a step by step training that will teach you how to get started from scratch and scale your business. This is completely free. Click here to know more about this.
Anyways, whatever you have decided, I wish you all the success in your life. Have a great day ahead, and don’t forget to leave a comment below if you want to know more about Affiliate Marketing or the Training that I have mentioned. You can also let me know if you want a review on any product that you are interested in. See You Soon!!