Affiliate Marketing : Where To Start, What To Focus On, and How To Make Boatloads of Money
One of the easiest ways to make money online is with affiliate marketing.
You don’t have to create your own product or even know anything about the products you promote.
All you have to do is get traffic to your website and link to products from companies who then pay you for helping make the sale.
I should know! I’ve spent the last 10 years building websites in a variety of niches that take advantage of lucrative affiliate deals.
Not only have I been able to make anywhere from $50 to $400 per sale in some unexpected niches, but I’ve also identified low-hanging fruit opportunities in each of these categories that make it easy to rank in Google quickly.
In this article I’ll go into detail about the finer aspects of affiliate marketing including getting a website up and running, using AI to write and develop your content for you, and connecting with stubborn affiliate managers who are the gatekeepers to these lucrative deals.
If you succeed in following these steps (and not giving up) the pot at the end of the rainbow is huge! Think $120,000 per month huge.
DEFINE AFFILIATE MARKETING
Affiliate marketing is the act of promoting 3rd party products or services through owned content channels in exchange for compensation – usually a percentage of the sale or a fixed acquisition cost.
In other words, you put a link on your site to a product or service that has tracking parameters attached and when the agreed upon goal is met (usually a product sale or a form capture) real life money is credited to your account.
AFFILIATE MARKETING EXAMPLES
Definitions are well and good, but in terms of affiliate marketing it’s usually easier to understand by painting a picture.
Example 1:
Imagine you have a blog about your award-winning German Shepherd dog and have a handful of readers who look to you for information about the process of showing them.
These people wonder things like “What are the best dog foods for a shiny coat” and on your website you’ve answered this exact question. You even link to your favorite place to buy it online, Chewy.
It just so happens that Chewy has a program where you can make up to 8% of every sale for recommending them instead of their competitors.
If you sign up and get accepted as an affiliate that same link that already existed on your dog blog can now start generating you money.
Let’s look at some hypothetical math to figure out how much you can make from that one affiliate link.
8% of a $60 bag of food = $4.80.
Maybe that same person that clicked your link also adds a couple dog toys and some flea mediation to their order. Now we’re talking about…
8% of total dog food order of $112 = $8.96
Now what if your blog is popular enough that 20 people a day make a similar purchase through your link?
20 x $8.96 = $179.20/day
30 days x $179.20 = $5376/month
Congratulations, you’ve just found a way to quit your minimum-wage job and passively sell dog food for a living through affiliate marketing.
