Affiliate Marketing for Dummies 2020:The Ultimate Guide!
Can someone make money online?
Which is the best way to make money online?
These questions have been asked dozens of times.
Most people know that one can make money online but don’t know-how. The main reason being that most online products are hyped to make you believe that you can make money just with a click of a button.
If you want to Learn Affiliate Marketing for Dummies/Newbies 2020, you are in the right place.
I’m not here to give you those lies or sell you a software that will be pumping money to your bank account passively.
I would tell you if it existed.
While there are so many ways to make money online, my personal preference is affiliate marketing. Details on why will be discussed later.
- 1 Myths About Starting an Online Business
- 1.1 1. Building Online Income Happens Overnight
- 1.2 2. Generating Online Income is Easy
- 1.3 3. Starting an Online Business if Free
- 1.4 4. You MUST quit your Job to Start Working Online.
- 1.5 5. You Don’t Even Need a List as Long as You have a Facebook Account and can copy and Paste!
- 1.6 6. Passion Alone is Enough
- 1.7 7. Making Online Income is IMPOSSIBLE
- 1.8 Before You Get Started.
- 1.9 #3 Recommend Products that you are Familiar With
- 1.10 What do You Need to Get Started in Affiliate Marketing?
- 1.10.1 #1. Website
- 1.10.2 #2: Domain Name
- 1.10.3 #3. Hosting
- 1.10.4 #4. Content
- 1.10.5 Type of Content You’ll be Creating to Attract Buyers
- 1.10.6 How Do I Get Traffic?
- 1.10.7 Other Ways to Generate Traffic:
- 1.10.8 How do I Make Money with an Affiliate Site?
- 1.11 Why Affiliate marketing?
- 1.12 Wrapping Up
Affiliate marketing is a type of business that pays you commissions per sale(Products or services) that you make. Find a product you like/believe in, promote it then profit from each sale. [Wikipidia Def]
Fair Warning: I’m not trying to tell you that you can make money online overnight. I’m just showing you that it is possible and you can do it.
I’m not showing you part of my income to brag but to motivate you and proof that you can make money online.
Myths About Starting an Online Business
1. Building Online Income Happens Overnight
“Make $20 in the next 24 hours I will pay you $100 from my pocket for wasting your time.”
Have you seen that?
Most Internet marketers will try to persuade you and make you think it is as easy a buttering bread. That’s a lie. Why do they do that? When they convince you to buy, they are sure that they will get something out of you. That’s a Ripoff.
I’ll try my best to offer you the information and tools that you need. I won’t force you. It’s completely up to you my friend.
2. Generating Online Income is Easy
“Invite, your family members and friends and you will be a millionaire in six months.” I once fell for that while starting, you don’t have to. You want to build something solid. Right? How long will you keep jumping after family and friends?
With online business, you are building a brand that will stay online for years. It’s like a real estate because it’s value increases with time.
3. Starting an Online Business if Free
“Enter your Email Address to get started for Free“
That phrase is common with binary options. Some even go to the extent of asking for your phone number.
If you want to build a solid income, you need to invest both time and money.
While you can build a full-time income for free, it would take so much time as you would need support and other tools to smoothen the process. That is why this program, gives you almost all the tools and support for less than $50.
4. You MUST quit your Job to Start Working Online.
Recently, I published an article on how to start an Online business without Stopping what you are doing.
Most people start while having a full-time job. With me, I started when I was a college student full-time. You can work and your hours and build a better future. Remember, point #1?
I don’t recommend anyone to quit their job to start working online. Start now, quit later. Okay?
5. You Don’t Even Need a List as Long as You have a Facebook Account and can copy and Paste!
I won’t cheat you.
Very few people are making a living from social media completely free of charge. To build a solid foundation, you would need a website to keep your online presence.
The truth is, you will need a lot of time and effort to make a decent income from social media alone.
6. Passion Alone is Enough
You may have often heard from marketing gurus telling you to ‘turn your passion into profits‘. If passion equals profit, why isn’t everyone driving a Ferrari or flying in a private jet?
Since that is not the case, you need to Choose a proven profitable niche to make a living from the Internet.
7. Making Online Income is IMPOSSIBLE
While I was just starting, it was hard to tell my close friends that I was making some money online.
One of my friends told me ” I cannot work where I cannot see the person paying me.”
Owning a website that generates its traffic and income was once a dream to me. I was not technical and never had any programming skills. You don’t need them either to start. It is possible and so, I want you to experience the same.
There are some basic things that you must be aware of before joining any affiliate network. Affiliate marketing is not for everybody but anybody can do it!
#1 What Are You Going to Promote?
You need to know the direction. If you are interested in computing, there are so many programs you can join like Amazon, Apple, and Walmart to mention a few.
Most people fail in this first step. They promote any product that comes their way. By promoting any product, you’ll lose trust from your audience. For authority sites, you can do it once in a while.
People buy something that will solve their problems.
Below are my best programs to Learn Affiliate Marketing as well as getting the tools you need to run a successful Online Business.
Read them both and join which suits your needs!
- Wealthy Affiliate Review: The Biggest Scam of the Year?
- BuilderAll Review: The Ultimate #1 Internet Marketing Platform Suite?
#2 Know Your Niche
I have previously written about choosing a profitable niche which is very important in affiliate marketing.
But what is a Niche?
A niche is a group of people looking for something online.
For example, if you wrote an article about “How to get your Ex back” then your niche is about dating. There are thousands of people searching for that kind of information.
Details on how to Make money with your affiliate website will be discussed later in the article.
#3 Recommend Products that you are Familiar With
The #1 reason for promoting a product is helping a potential customer out.
You should have confidence in any product that you promote because it either helped you achieve your goals or made you money.
Whoever told you that you can make money through affiliate marketing without a website, they are lying. Most of the Gurus telling you this have many websites to diversify their income streams. Be warned!
A website is not as hard to build as you may imagine. You can build it in 30 seconds. See Kyle doing it here.
Build a FREE website below!
Recommended: Top 10 Website Builders
#2: Domain Name
NameCheap is the best option out there and Cheap as the name suggests. I have bought all my domains there.
A domain name is a brand of your website. You need to be creative and interesting as it is the first thing every visitor sees before visiting your site.
This is the place where your files, images, and the content will be stored on the web.
While you can build a website on a sub-domain, it loses the meaning of your brand. So you’ll need hosting.
Are you tired of the term “Content is the King“?
It remains the king in online marketing.
But who is the queen?
The queen refers to all affiliate programs out there that are willing to pay you whenever you promote their products/services.
You need to create content that people love and worthy to share.
Some sort of research is needed before creating any type of content because you want people to find you online.
Ideally, when people search for content, they’ll find your site. If they make a purchase, you make money. Simple. Right?
Type of Content You’ll be Creating to Attract Buyers
Here is the truth:
If you create content that no one is interested in reading, you are shooting yourself in the foot.
Content is one of the most important aspects of a website. Not all content types are the same.
Search Engines also treat your content differently. For that reason, some post may bring you tons of traffic while others are not as much.
Don’t tell me that you’ll be writing about something that nobody wants to read. People want helpful and entertaining content. They’ll eventually buy from you!
You aim to help. Right?
Why should you let internet users buy something of low quality or a program that does not deliver what it says?
Also, most people search for reviews online before they decide to buy anything online. So, you should take advantage of this and get a slice of the pie.
As you may have noticed(or not) my website is full of reviews. Most of them are to assist internet users in making an informed decision before buying a product.
Here is an example of How it works:
When someone searches for ” Commission miner Review“, they’ll find my article ranked on #spot in Google. If they decide to buy after reading, I’ll get compensated accordingly.
Assuming you already did a review of some products. Why don’t you become a bit creating and make a comparison?
This one works like crazy because you simplify the work of a potential buyer. Mind you, somebody searching for a comparison or alternative is ready to buy.
With comparison, you can contact things like distinctive feature and pricing.
Check out my comparison of Jaaxy and SEMRush.
Related: Start Here: Let’s See What Works[This article summarizes the process of affiliate marketing]
Create List Articles
List article performs very well and attracts hundreds of visitors.
Backlinko 200 ranking factors have received thousands of shares and hundreds of comments.
Target Specific Keywords
This is a hard concept for most if you are new to writing online.
As soon as you get started you will see it is such an easy thing to do.
The main objective of targeting keywords is to help with information and attract traffic to your site.
Tony, do you still our traffic and rankings?
No, keywords are available to anyone doing keyword research. For example, I did an article on how to get a refund from Empower Network. That article has attracted hundreds of visitors to my site and some sales too. 🙂
Come on Tony. Aren’t you tired of helping?
‘How to‘ article perform very well.
When you become helpful, your visitors tend to trust you. I do care so much about my reputation so should you?
You could even tweak your tutorial a bit by adding affiliate links. But remember, your #1 goal is to help. Who wouldn’t want to thank someone who helps them? Your visitors will pay you in one way or another.
How Do I Get Traffic?
Now, you should have an idea on some of the ways to generate traffic.
All the types of content described above are ways to generate traffic. Surprised?
Take advantage of social media platforms, be active in the communities but never spam. Be helpful and people will be interested to know you.
Facebook, Twitter, and G+ can drive you a continuous flow of traffic.
While some people are against Solo ads, I still think it is a way to generate fast traffic if you have money. Udimi lead in high-quality solo ads that guarantee clicks and sales. Be careful while choosing!
You already have a website. Now let’s see how you can make money with it.
After you set up your site, you can turn it into a money-making a machine.
- Promote products. You are already an affiliate
- Sell Advertising space(John Chow does this)
- Join advertising networks like AdSense(I don’t like it personally since they pay cents)
- Build a emails list that you can always promote high-quality products like Stuart Walker
- Create your Product and sell. (Zaxaa will help you)
- Sell a course.
- Make your site a paid membership site
While there are so many ways to make money online like Freelancing, affiliate marketing remains the best as mentioned earlier in the article.
Pat Flynn from Smart Passive Income, builds a HUGE passive through affiliate marketing and so can you.
Here are the top 7 reasons:
#1. Little Start-up Cost
You can build a business for less than $10/month.
The only upfront investment could be your domain which cost around $12/year
Of course, it needs time, dedication, consistency, and a little effort.
Work on your terms.
You know what I mean.
There are times where I don’t feel like doing anything and there are times like now where I just feel like writing the whole day for you guys.
Most people hate their jobs because they have to ask for permission to do things they love like going on a vacation.
With affiliate marketing, you can decide to work the whole night while traveling the whole day. No one is there to question you.
#3. Promote Products, you Love
If you bought a product and you were happy, why don’t you make others happy by sharing it with them?
With MLM, you have to remain loyal to their product and NEVER promote competing products. Here in Elite Affiliate Hacks, I promote a good number!
By sharing, you increase your income potential.
The good thing with doing something you love is that you’ll never get bored doing it. Do it over and over again.
#4 No Recruiting
Unlike Multi-level marketing where you have to recruit to make money. With affiliate marketing, it’s only promoting.
How much you make does not depend on your team but depends on your efforts and abilities.
#5. You are not Trading Your Time for Money
This is HUGE.
I think it makes no difference to a normal day job if you are trading your time for money.
For example, a Freelancer in iWriters has complete an order and meet the deadline to get paid.
In affiliate marketing, things are different. Write once, get paid for life!
Here is what I mean.
There are a couple of reviews(products I promote) that I wrote in 2015. To your surprise, they are still ranked on the first page of Google and bring me a continuous flow of random sales.
#6 No Worries about Job Security
Most people don’t love their jobs because it may be snatched from them in daylight living them with no job.
On the other hand, for freelancers, I hear them complaining about a “low season”. This leaves me with a lot of question about job security.
With affiliate marketing, you get paid for your efforts. Affiliate marketing will never be dry. People are shopping and searching for products any time of the year, although there is some a spike in sale during holidays.
# 7.You’ll be Having an Asset
You read that right.
You own a website.
On the other hand, with freelancers, you do not own the content. You’ll have to keep writing to make money!
A website is an asset that appreciates over time.
At a later stage, you may even sell it for profits like Ramsey from Blog Tyrant. (Hint: Sold at $20,000)
Which asset do you have with your day job?
Which asset do you have with freelancing?
The question remains.
Like any type of business, making money through affiliate marketing take time, hard work, consistency, and even money.
I’ll be blunt here.
If you want to get started, you’ll have to invest time, money or both. It doesn’t occur overnight.
If you do not want to go through all the hustle learning affiliate marketing Join this program over here. But…
If you think you can do most things by yourself, Get your hosting and domain exclusively here(paid Yearly)
Use the Comments below and tell us what you think about Affiliate Marketing for Dummies 2020 or why you are so deeply in love with it.
Your Affiliate Marketing Mentor,