What is Affiliate Marketing?
Affiliate: An individual who contracts with a merchant in order to help sell that merchant’s product. The product may be anything someone will pay for, whether tangible (such as clothing), virtual (such as electronic books or downloadable software), or information (such as expert advice).
Associate: Another word for an affiliate. Merchant: An individual or business who has a product and, in this case, uses affiliate programs to sell this product. Usually, the merchant takes all responsibility for recording leads and orders, and for storing and delivering the product to the customer.
Power Affiliate: A term used to loosely define a successful affiliate. Often, people have a monetary figure in their heads (usually less than what they are making themselves) to determine "power affiliate" status. Power is relative and can be equated in terms of revenue, influence, and good will.
Testimonial: A written statement of support, preferably from a respected individual or company. Use of testimonials in advertising can greatly enhance sales.
Traffic: The number of times your web page is visited. This may be from several "unique" visitors, or from a few loyal fans.
To simplify it, here’s the 5 step process for how to start affiliate marketing:
1. You find a product you want to promote
2. Do a search for “product name” affiliate program. If it’s on Amazon, you can also promote it
3. Sign up for their affiliate program
4. You get a special link that allows the merchant to track the people who clicked your link
5. If they buy the product, you get a commission.
Affiliate Marketing on Your Blog
· Step 1: Create a Website or A Blog
· Step 2: Choose an Industry, and then Niche Down
· Step 3: Research Products in Your Niche that You Can Review
· Step 4: Sign Up for the Amazon Affiliate Program
· Step 5: Find affiliate programs for the other products you want to review
· Step 6: Create content in the form of tutorials, review posts, resource pages or emails and use your affiliate link
· Step 7: Optimize the page and track your rankings in Google
· Step 8: Rinse and Repeat!
Transform your Blog to Affiliate Marketing
Build a Loyal Community.
Optimize Your Conversion Rates.
Discover New Products.
Build Relationships with Merchants.
Stay Ahead of Trends and Emerging Brands.
Take on Guest Bloggers.
Promote Products You Don’t Have to Create.
Increase Brand Awareness.
Open the Door for a Second Blog or Podcast.
Monetize Your Email Subscribers.
Why should I be an affiliate?
1.Money
You already have a concept. Why not make your knowledge work for you? Strategically placed paying links can bring in extra income. The amount you earn, of course, depends on a number of factors but, if you have visitors, you can harvest this traffic and convert it to revenue.
2.Dreams
Money and dreams are not mutually exclusive, and online affiliate marketing allows you to have both. Here’s how it works. If you always wanted to sell fine jewelry, books, cookware, or other tangible items, now you can. Unfortunately, you don’t get to fondle the merchandise, but you also don’t have to worry about buying, storing, or shipping it.
3.Freedom
Online affiliate marketing allows you the freedom to choose your own schedule, and to work from home, from the road, in the middle of the park, or on the beach.
Amazon Affiliate Marketing
Amazon affiliate marketing is based on revenue sharing. If Amazon has a product and wants to sell more, Amazon offers financial incentives to promoters through the Amazon Affiliate program. As an Amazon affiliate marketer, you can promote a product that you feel has value and earn an income from it as an Amazon affiliate marketer.
Amazon Associates – Affiliate Marketing
Amazon Associates is Amazon’s affiliate marketing program that allows website owners and bloggers to create links and earn referral fees when customers click through and buy products from Amazon. It’s completely free to join and easy to use.
Provide consumers the convenience of having detailed information about products of interest. Create the option to directly purchase products from Amazon. When they do, you can earn up to 10% in referral fees with Amazon affiliate marketing.
Another cool side is that you get up to 15% referral fee if you are promoting certain products like gadgets. What you need to do basically is to write a review about the gadget and provide an Amazon affiliate link. Anyone who clicks on this link and purchases the item would automatically earn you a good commission.
Following steps are making Money from Amazon Affiliate marketing
Learn some basic HTML if you have no knowledge about it
Choose your topic then Pick a domain name and Register the domain name you pick its Make it look good
Set up web hosting for your site then Install a blog software and Set categories up
Go to Amazon.com and sign up as an associate
Create blog posting links/bookmarks and the Amazon Build-a-Link bookmark/link
Build out your site and your first link
Blog your review and Promote your site
Conclusion
I know that was a Small information, but if you’ve been struggling with figuring out how to start monetizing your blog, the strategies above are a fantastic starting point.
It’s how I made my first dollars online, and it has the potential to create a win/win for both you and your readers!
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