Affiliate marketing helps you make money online by promoting other people’s products and services. This is a great way to generate passive income after initially trying to get people to see your affiliate offers.
I know from experience that it is difficult for beginners to understand how to make money with affiliate marketing. There are so many resources on the internet about this topic and people making all types of claims (how to make money while you sleep with affiliate marketing – it’s popular) that it creates a lot of confusion.
But it doesn’t have to be that way. Affiliate marketing is a great way to make money online, provided you follow the right strategy.
In this post, I will give you the exact steps you need to follow to succeed with affiliate marketing and start making money. It’s not a get-rich-quick scheme and it won’t happen overnight, but it’s definitely the best approach and it works. 30% of the income generated by this blog comes from affiliate marketing income and it keeps increasing year after year.
Plus, I’ll give you some examples of what it takes to make $500 a day with affiliate marketing and how to get it to $2,000 a day.
How to Make Money with Affiliate Marketing
1. Create a Content-Rich Website
With affiliate marketing, you make money by referring people to products they need.
Some affiliates use their social media profiles or YouTube channels to share products with potential buyers. However, the most common (and most effective) way to get people in front of your affiliate products is to have your own website.
With a website, you can publish high-quality content that attracts visitors and motivates them to continue to the product website and complete the purchase.
If you don’t already have a website, you can easily create one using a website builder like the one provided by Hostinger (with all their hosting plans).
The key to getting results from your content is to create a mix of informational and promotional materials.
If all you do is promote one affiliate offer after another, your audience will be less likely to take your referrals seriously and you’ll minimize your chances of getting Google’s attention and Google traffic, which is needed for long-term success.
Instead, you want to focus more on providing value to your readers. Over time, this will help you build trust and connect with your audience. It will allow you to become an expert in your field.
As your reputation grows, new and returning visitors will head to your site when they have a question or need advice about the topics you cover.
2. Get Targeted Traffic from Google
Once you’ve enriched your website with high-quality content, you’ll need to come up with a strategy to drive people to your website to click on your affiliate links and ultimately make purchases.
There are several ways to drive visitors to your website. The best of these traffic sources is search traffic from Google and other search engines.
The reason traffic from Google is so valuable is that it allows you to target a highly targeted group of people.
Ultimately if you want to make any money you need people to buy so you don’t want random or uninteresting people on your site.
With Google Search, you know exactly what people are searching for and can create content that targets people who are interested in your products.
Keep in mind that not all keywords are created equal. While you want to target high-volume search queries, you also want to make sure your keywords have purchase intent and aren’t just generic queries.
For example, someone who simply searches “what is a web hosting platform” is likely looking for information and not ready to make a purchase.
The keywords you want to focus on are those that have a commercial and transactional intent.
3. Promote products that people Are most searching
After you’ve mastered targeting good keywords, your next goal is to choose the products you want to promote.
There are a few key qualities to look for, which we’ll go over in the next few steps of our guide to making money as an affiliate marketer.
The first is to promote affiliate products with consistent demand. The idea behind it is simple. If you hope to get sales from your marketing efforts, you need to promote products that people are actually looking for.
As you create your plan to get targeted traffic, you’ll naturally get an idea of the types of products people are looking for. This process will also expose you to specific solutions and brands so you know the best options in your niche.
When looking for products of active interest, monitor the level of competition in the niche. The more competitive keywords are for certain types of products, the more difficult it will be for you to rank and drive traffic to your site.
The ideal balance is products with strong demand and a manageable level of competition.
One way to understand the demand for a particular niche is to use Google Trends. Thanks to the platform, you can see how interest in specific keywords and topics changes over time.
This way, you can ensure that any products you’re considering have ongoing interest and are more than a passing fad.
4. Promote products that sell the most
In addition to marketing actively sought products, it is important that you promote products that sell. By that, I mean promoting products with a high conversion rate.
Conversion rate is a metric that measures the percentage of people who completed a purchase after viewing your products.
A high conversion rate means you’re getting maximum value from your web traffic.
When looking for high-converting products, start by identifying the best solutions in your market. High-quality products from trusted brands will naturally perform better than not-so-good ones.
Price is another important factor to consider. In general, lower-priced products convert faster than more expensive ones.
The nature of the product will also affect how well it converts. If you promote commodity items, you can expect a higher conversion rate. On the other hand, if you’re promoting highly-considered products that buyers want to thoroughly evaluate before making a decision, you may see lower conversions.
5. Sell those products that Offer high Affiliate Commissions
High-converting products will help you make money with affiliate marketing but it is also important to promote products that pay high commissions.
If you earn higher commissions for each order, you need fewer sales to hit your income goals. You need to more hard work to find high-paying affiliate marketing websites that pay the commission that you deserve.
6. Update your Affiliate links to get more clicks
Affiliate links are a way to earn money for sales. When a customer clicks on your link and buys an affiliate product, the affiliate merchant will give you an amount for the sale and pay you the appropriate commission as agreed in the program details.
So, the best products won’t be very good if no one clicks on your affiliate links. This is why it is important to optimize the placement of your links to maximize the number of people who click on them.
But that doesn’t mean you should throw links anywhere and everywhere in your content. You only want to add links where they are appropriate, and you shouldn’t include them if they don’t fit your content.
Adding too many links can negatively affect the user experience, which can lead to lost sales.
In general, you want to place your links at the beginning of your content. Many people don’t get to the bottom of your posts and others may skim the details along the way. By adding links to the beginning of your content, you increase the chance that more people will see it.
Conclusion
Making money with affiliate marketing starts with understanding what people are looking for and finding the best high-paying products that match their interests. You can then create high-quality content that will bring these people to your website and direct them to your affiliate offers.