Earning online is a wish come true for many people. Though we all have varied reasons for wanting so, at the end of the day we can all agree that it is a liberating experience. In this post I’m going to outline how to make money with affiliate marketing for beginners.
The reason this post is geared toward “beginners” is because there are hundreds of Google searches weekly by people who are absolutely new to internet marketing.
Many of these people are looking for a training platform that will help them build an online business.
Perhaps you want to earn extra on the side to pay debts like mortgage, or maybe you just want to earn something during your free time. Some people want to escape the corporate rat race. And some people are just done with the 9 to 5 routine.
For example, every day aspiring entrepreneurs visit various online forums and make it clear that if they could just earn $100 a day extra, it could have a tremendous impact on their family.
Earning $100 per day online sounds like a tall order for many, but it is achievable. For so many people, earning an extra $100 a day would truly change the course of their lives.
As you take a look at the different ways of earning $100 per day online, you must also take into consideration several factors such as time, effort required, resources needed, and your own level of expertise.
Set Goals So You Can Experience Success
Many pundits insist that you set goals for yourself, not only in terms of financial goals but tasks that you need to accomplish on a daily, weekly and monthly basis.
Some examples of these tasks are setting a goal for the number of videos you need to wrap up and upload and the frequency of releasing them. Another example is the number of articles you need to write and where to publish them.
These activities are the foundations by which you can achieve your milestone goal of earning $100 per day online. Without these goals, you essentially do not have a plan. And we all know that any business that does not have a plan is likely to fail.
Step 1: Choose a Niche That You Like AND Can Earn Money With
Just what exactly is a niche? We have heard this so many times, but its definition remains elusive. A niche is a specialization. It is a topic or an area that you can further breakdown.
An example of a niche is toys. You can break this niche further down into drones, remote control cars, baby dolls, and so on. Another example is beauty products.
You can drill down this niche further into make-up or perhaps whitening products, nail polish, eyeliner; as you see you can keep breaking down the niche beauty products to a product or topic that is of interest to you.
Without the right niche, you will not get to your $100 per day online goal. The niche you select must be something that you really find interesting. Better yet, it must be a niche where you have a certain degree of expertise on.
Working on a topic that you like makes work enjoyable. As a result, you do not view your efforts as labor, but you look at them as fun and fulfilling activities.
The niche you select must also have a high demand. Despite doing what you love, you cannot earn money if there is no demand for the product you sell. There has to be enough people out there who are willing to buy what you are offering.
A profitable niche is something that has a lot of potential to scale and develop. The best example that I can give you are digital products. Selling digital products can be a great way to start to achieve your goal of earning $100 per day online.
A great example to demonstrate this is the niche of weight loss. Perhaps you find it exciting to help people learn and understand ways on how to lose weight. You feel satisfied to help people live healthier lifestyles.
Weight loss is considered as an “evergreen” niche because it is a product that people will always be interested in.
Another example is pets. This is a multi-million-dollar industry and pet owners spend crazy amounts of money for their pets—cats and dogs and anything in between-from food to toys and pet clothing.
You name it. You can also sell books about pet training and healthcare. When it comes to pets, the options are endless.
The key to selecting a niche is finding the right balance between your interest and its potential to earn.
You need to concentrate on topics that you love, and at the same time these topics must be marketable.
Step 2: Plan Your Business and Stay Focused
The common pitfall of affiliate marketers is their inability to focus. They do so many things at once that they lose sight of the more important activities that must take first priority.
They try to do too much at one time and therefore they accomplish nothing. enroll in many affiliate programs at a time, in different niches, and they get bogged down with the ton of work they need to do.
New marketers also fall prey to “Shiny Object Syndrome.” They allow themselves to be distracted by every Tom Dick and Harry online business opportunity that comes their way.
To make matters worse, they lose large sums of money falling for these scams and never recover enough to get their business into profit.
The core of “shiny Object Syndrome” is a total lack of focus. In order to be successful, you MUST FOCUS on ONE website or blog and get that blog/website healthy and in position to generate traffic and create revenue.
Although many so-called “experts” will tell you to launch multiple niches all at once, I must disagree to this because there is no way you can get organized and focused if you tackle too many niches all at once.
I believe that people must start with one niche, plan the approach carefully, stay focused on the activities, and then launch the product. Once it becomes profitable, then it is time to move on to the next.
This approach is exactly the way Wealthy Affiliate teaches how to build an affiliate marketing business.
People who are new to the online marketing business must also have a marketing approach. Just posting online will not make the cut. You need to have a focused strategy as there is too much room for error. And one error can cost you.
What I recommend is for you to start a blog. Make sure you load articles regularly. After mastering the blog, and only after, then it is time to move to social media. As often said, you must lay one brick at a time to build your house.
Here’s a quick review of what you need to FOCUS on as a beginner:
- Choose your niche. Something you have an interest in and can make money from
- Research affiliate programs and products that fit with your niche .
- Build a website or a blog
- Consistently produce excellent content
- Build an audience and have them comment on your posts and reply to their comments
- Drive traffic to promote your affiliate product(s) and engage in social media
7. When you’re just starting out, repeat steps #4–7 as often as you can!
Please keep in mind that All the above steps are discussed in detail in the training modules of Wealthy Affiliate!
With Wealthy Affiliate, you will understand every aspect of affiliate marketing and making money online. I strongly recommend that you sign up now if you haven’t yet.
The training you’ll receive are world class and will benefit your affiliate marketing business for years to come.