The number of companies offering multiple products and services through the Internet is increasing every day, and with this increase there are many opportunities to learn and to make money from the Internet , you just have to make enough effort to reach these opportunities and benefit from them, and one of these opportunities that we will talk about In this article, it is the profit from affiliate marketing.
What is affiliate marketing
Affiliate marketing is when you refer someone to an online product or service using a unique link (yours), and if that person makes a purchase through your link, you get a commission for the purchase.
As an affiliate marketer, you are considered as a partner and responsible for marketing the products of the company you subscribe to.
It is not required that what you are promoting is a physical product only, on the contrary, you can earn a financial commission on each person who joins a specific newsletter, downloads an application on the phone, or any activity that the company wants the customer to do, because it will benefit it in some way.
Making money from affiliate marketing has become a growing and self-contained market that grows more every year than before, so if you want to make as much money as possible, follow the article where you will find a complete strategy to start and make money.
Why do companies invest in affiliate marketing programs?
Can you imagine that US companies spent $8.2 billion on affiliate programs in 2019 according to the latest stats , why do companies spend so much money?
Let me tell you, as I explained in the introduction, the number of companies and products globally has grown like crazy, and every company wants to achieve the highest sales possible, and wants to be found in this crowded market (the Internet), especially if it is an e-commerce company and all its presence is online only And it has no real presence.
So companies need people to help spread awareness about their product/service, to the point that they will pay you a commission for referring people to their site to make a purchase or a specific action that guarantees them more profits.
Affiliate Marketing Companies
This field has a large market, supply and demand. Therefore, there are giant companies in this field. I will review with you some of these companies:
1. Cj . Company
One of the largest companies that work with suppliers with big brand names, and famous brands, which in turn provide good quality of services and products, and this makes the site trusted by customers, so you will not have to worry about the quality of the product.
This company is suitable for beginners because of its reputation for many years, as it is one of the oldest affiliate marketing companies, enjoying the confidence of most major commercial companies, which facilitates the completion of sales.
2. Click bank
One of the oldest existing companies as well, dealing with marketers from about 200 countries around the world, suitable for beginners because of its multiple products.
It has the great advantage that you can work without having a website ; This is sometimes an obstacle, because many companies require a website while those who are beginners in the field do not.
3. ShareAsale Company
It is known as one of the top 10 companies to profit from commission marketing in the world, due to its distinguished services and the commissions it pays constantly, and its presence in the market for 15 years gives it a great strength and reputation.
4. Ad work media
One of the best affiliate network where you can find more than 2500 ad campaigns to use in promoting products.
The nice thing about this company is that it has access to customer support 7 days a week, and there are some other features like:
Minimum payment: $35.
Commission rate: weekly, biweekly, monthly.
Provides daily performance reports, to help you see how your promotions are performing.
Monthly withdrawal of $500 and so on.
Several payment methods are allowed including: check, transfer, direct deposit and electronic banks such as PayPal , Payoneer and Western Union.
5. Peerfly company
One of the giant companies also, this company has features and reasons why you should subscribe to their programs as a beginner such as:
Currently there are more than 2,000 advertising campaigns for different products.
You will be participating in the Bonus Program and Contests as an Affiliate Marketer.
You will also get free commission training, and tools to help you, which is a great feature for beginners who need the first step that helps them excel in this market.
Note: These companies specialize in affiliate marketing, which is their main profit area (they act as an intermediary between advertisers and publishers), while there are other companies that offer side programs for affiliate marketers to market their products, such as Amazon, Noon, Google, Udemy ... etc.
Also Read: What is digital marketing, what are its steps, and how do you learn it 2022
Steps to earning from affiliate marketing
As in any field, the beginning is often the big obstacle, so here you will find the most important detailed steps that after applying them to the letter, we guarantee you satisfactory results and profits, just apply the following steps:
Choose a field
Create high quality content
Find affiliate marketing programs
Increase visits to your platform
I will talk about each step in detail, but let me remind you that there is no secret mixture, rather these are the steps that all affiliate marketers take, but what makes them reach high profits is the experience, continuity, perseverance and indifference to the frustrated.
1. Select a platform
In theory, you can do affiliate marketing on any platform like Facebook, Twitter, etc. However, it is much easier to build an audience and increase affiliate sales through one of these two channels: a blog or a YouTube channel.
Starting a blog today is relatively easy and cheap. There are plenty of educational resources online that teach you how to get started. Once you start your blog, optimize the blog for search engines , so you have a better chance of ranking in search results.
At this point you can start dealing with companies and forming your own links to promote different products.
The other platform is YouTube: creating and uploading content on it is free, which makes it ideal for many people. Optimize your videos for search engines, and include affiliate links in the descriptions of the videos, so you can make money from YouTube affiliate links .
Remember: there is no platform that is the best in profit, the secret mixture lies in your effort, so work on choosing a platform that you can deal with easily or at least familiar with the basics of this platform and with time you will be able to master it.
A large number of affiliate marketers work on Instagram This does not mean that Instagram is the best platform ever, but this platform is suitable for them.
A lot of affiliate marketers also rely on paid ads to get direct visitors to their landing page , so they invest money to get paid visitors instead of building content and earning free visitors.
Also Read: How to create a site to evaluate products and how to make money from it
2. Choose a suitable field
When starting the affiliate marketing process, it is recommended that you choose a field that you have a little knowledge of, or know some facts about and are interested in. Why?
The simple answer is that you are now a marketer of the company's products, and later you will create content to promote these products.
Therefore, you must have something to convince your audience and followers of the extent of benefit that will accrue to them when using this product, and if you are a specialist in the field, this is a kind of social proof; In most cases, the audience believes the word that comes out of an expert.
For example: a dentist who markets a certain type of toothpaste will have more credibility than an ordinary person. This does not mean that the public will not believe you if you are not an expert, but try to have experience in the products you are marketing for, as this guarantees you greater profits.
Here are some questions to help you define your field if you are confused:
What topics am I actually interested in?
What would I like to be famous for?
What perspective or vision can I offer that competitors cannot?
What is my unique experience?
What is the common area with my business or my brand? (You can choose products that are directly or indirectly related to your business.
Also Read: E-marketing skills that every professional marketer must have
3. Create high quality content
This step is very important as it is the basis on which you will build a large customer base and target audience, the audience should trust you and feel that you are providing content that is worth reading or watching.
I know you want to make money, but the first step to building trust with your audience is having quality content.
The content you produce at the beginning should not be too sales focused, the customer should not feel compelled or directed to buy a particular product, people do not like these practices according to the rules of behavioral psychology.
After you have a customer base that trusts you and your opinion, then you can promote different products, and the audience will buy with love and trust in you, so the rate of commissions you get increases.
For example: a large group of girls and women who create high-quality content in the field of beauty, fashion and clothing coordination.
They start with useful content for the target group, and then they can advertise different products without being embarrassed about that, because the audience at this stage is aware that this person (the affiliate marketer) offers everything that is useful and valuable to him.
Pro tip: Some experts advise to buy and test products before promoting them, of course this is difficult to do for all products, but if you offer most of their products of high quality this contributes to your credibility.
Also Read : Instagram store creation guide (everything you need to know)
4. Look for affiliate programs
I mentioned to you some affiliate marketing companies that you can start and work with whether you have a website or not, now it's time to choose the right program for you, here I must explain to you that these programs are divided into three sections:
A/ Programs with high commission and low demand
These are affiliate programs for specialized products that are not in great demand by customers.
For example: A B2B company pays roughly $700 per month if only 80 customers buy through you, since they sell software to small business owners, so there is a limited pool of buyers.
B/ Programs with low commission and high demand
These programs pay little commission because their product is in great demand.
For example: PS4 games. A lot of people play PS4 which means there is a demand for it, but the average game cost is only about $50, and commissions are usually low.
This means that you will earn between 2-3 USD per sale if you are lucky.
C/ Programs with high commission and high demand
These types of programs are preferred by everyone, but there is definitely a lot of competition in them. These programs include products that everyone needs, one example of this is credit cards.
Everyone needs a credit card; To complete all financial transactions or to receive funds.
Now that you know what types of programs you can sign up for, there are two main ways you can sign up to be a part of our existing affiliate programs.
The first: search for companies specialized in the same field as your blog, and participate in their affiliate marketing program (if available).
In this method, you will need to do extensive research, and you may find companies in your field, but they do not have affiliate programs.
Second: Searching for profit networks from large commission marketing, which are the intermediary companies between advertisers and publishers, in which you will find a huge number of products and services available under the commission marketing system in almost all fields.
In this way, you will deal with one entity in subscribing, following up on the results, and getting the profits as well.
Keep in mind that each company will offer a different commission within the program.
When you look at the affiliate programs, here are some questions you should ask yourself before joining one of them:
What percentage of commission do I get for each sale?
Does the amount of commission make it worth my time and effort as a content creator? (You're going to make a big effort; you need to make sure the commission is appropriate for the effort so you don't get frustrated.)
Does joining the program give me additional resources to help me better market their products?
5. Increase visits to your platform
If you have implemented the above steps, then you have a good number of audience, but on the other hand, you are in the process of seeking to increase the number of visits to your blog, your account on the social networking site, or the platform you are working on and shopping from.
So you will need some tactics to increase your traffic. Including the following:
A/ Paid Advertising
You can use paid advertising on social media platforms or use Google ads ; The advantage of paid advertising is that the moment you start paying, you get traffic. You can advertise through:
Paid ads on Facebook, Instagram, etc.
Google Ads Google Ads.
But if you're completely new to marketing and don't have a budget, or you work with programs with little commission, it wouldn't be a good idea, then you can just promote without ads.
b/ Configure your platform for search engines (SEO)
Whether you have a website, blog, or YouTube channel to profit from affiliate marketing, this practice helps to get a high ranking in the results of search engines such as Google, as when people search for a keyword that you put in your content they will find you at the top of search results.
The higher you rank in the results when searching for specific keywords , the more traffic you will get.
Search Engine Optimization is all about:
Understand what your target customers are looking for; Create content around these topics, and you shouldn't forget to take care of the “technical” stuff to push these pages higher in the search engines, so you have to learn more to know the rules of the game and be good at it.
In the beginning, you have to understand how search engines work , in order to get a more comprehensive understanding, and this helps you in marketing your product and increasing your commission rate, which is your ultimate goal.
C/ email promotion
Collect the mail of your followers and your audience, and send the most important offers and content, where with a little investment you can invite visitors to your blog at any time you want, and get more profit from commission marketing.
Email marketing has amazing results, and it is usually used by affiliate marketers. There are free tools that you can use at first, the most famous of which is Mailchimp .
Test the results to learn best practices and followers' preferences, and analyze your email open rate to see if what you're doing is important to the audience or not.
In conclusion of the above:
Affiliate marketing can be very profitable, but it requires a commitment of time and effort to make it a real business with a satisfactory return. Do a thorough research and audit of all aspects before jumping to the step of earning from affiliate marketing.
Also, remember to avoid putting all of your eggs in one basket. If you are preparing to engage in profit from affiliate marketing, then diversifying your sources of income is a smart move.
Any other source of income can help if the revenue from affiliate marketing dwindles, now are you excited to start and earn from affiliate marketing?