How To Make Money With Affiliate Marketing is a topic many new online marketers are concerned with.
Why is this so?
Making money online is
Affiliate marketing is the vehicle in which to do it.
In this post I’m going to outline How To Make Money Affiliate Marketing For Beginners.
The reason this post is geared toward “beginners” is simple
There are hundreds of Google searches weekly by people who are 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 your mortgage or a car payment.
Some want to escape the corporate rat race and are just done with the 9 to 5 daily grind.
Also, many aspiring entrepreneurs want to completely replace their job income.
They’re looking for a way to make enough consistent money to take back control of their time.
Earning $100 per day online sounds like a tall order for many, but it is achievable.
For many, earning just an extra $100 a day would truly change the course of their lives.
How To Make Money With Affiliate Marketing – Set Attainable Goals
As we discuss How To Make Money Affiliate Marketing, you need to set goals for yourself to increase your rate of success.
In order to experience success in affiliate marketing, you MUST do the following:
Set goals to measure your daily, weekly and monthly progress.
Without goals, you essentially do not have a plan.
Likewise, any online marketer that fails to have a plan is planning to fail.
If you are not used to the habit of goal setting, I would suggest reading my post Why Goal Setting Is Important In Business And Finances.
How To Make Money With Affiliate Marketing – Choose a Profitable Niche You Like
Just what exactly is a niche?
A niche is a specialized topic or an specific area of interest that you have a particular interest in.
An example of a niche is toys.
You can break this niche further down into drones, remote control cars, baby dolls, toy trains and so on.
Similarly, another example of a niche is Beauty Products.
You can break “Beauty Products” into a specialized interest such as “Cosmetics”.
Furthermore, you can break “Cosmetics” down into makeup, skin care, nail care, and so on.
You can drill down this niche further. Let’s say you take “Makeup”.
You can break “Makeup” into whitening products, nail polish, eyeliner and so on.
Therefore, you can keep breaking down any niche to a product or topic that is of interest to you.
This is very important: The niche or niches you choose to promote MUST fall into one or the following categories or both:
- Your niche should be a topic you are genuinely interested in.
- Your niche must fill a need and be one you can make money with
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 could 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.
What Is A Profitable Niche?
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.
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. Pet products are a HUGE business.
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.
Pet owners purchase everything from food to toys and pet clothing. You name it, they buy it for their pets.
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. You must be able to make money with it.
As you can see, the opportunities regarding niches are endless. The opportunities for making money online are wide open.
How To Make Money With Affiliate Marketing And Stay Focused
The common pitfall of affiliate marketers is their inability to focus.
They try to 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.
“Newbies” 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.
Furthermore, 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 STRONGLY disagree to this.
Don’t Try To Tackle Too Many Niches At Once.
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 promote their website.
Once it becomes profitable, then it is time to either scale up your existing product or start adding other products within your niche.
This approach is exactly the way Wealthy Affiliate teaches how to build an affiliate marketing business.
- The Pros And Cons Of Affiliate Marketing – You Need To Know
- How To Be A Successful Affiliate Marketer
How To Make Money With Affiliate Marketing – Focus On Your Focus
People who are new to the online marketing business must also have a marketing approach.
Just posting online will not automatically make your website profitable.
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. The same goes with your online business.
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!
Wealthy Affiliate Is The Best Platform For Beginners
What I really like about Wealth Affiliate is you can Start a FREE account. That’s right – FREE account!
NO credit card required!
You can build 1 website with your free account and have access to many features on the Wealthy Affiliate platform.
Even better is the Premium Account, where you have access to all the features Wealthy Affiliate has to offer.
With Wealthy Affiliate, you will understand every aspect of affiliate marketing and making money online.
I strongly recommend that you check out this detailed review of Wealthy Affiliate so you can understand fully what this platform can do for you.
The training you’ll receive are world class and will benefit your affiliate marketing business for years to come.
As a beginner, there’s no excuse not to be on your way to creating an actual online business.
The choice to make it happen is totally up to you, my friend!