Can you make money online if you don’t like to write or make videos and you’re not an expert on any subject that people will pay you to teach them? Can you make money if you’re not a freelance writer, course creator, or blogger?
While all these are great ways of making money online, they aren’t the only good ways. You can also make money as an affiliate marketer. What’s more, if you do happen to be an expert on a subject and do sell courses, create products, and publish books, you can tie affiliate marketing into your existing business model as a way to make extra money.
In other words, whether or not you’ve ever made money online, you can begin to make money or supplement your income with affiliate marketing.
There are basically two steps to make money as an affiliate marketer: get skilled up and choose your affiliate marketing model.
Step #1: Get Skilled Up
The nice thing about affiliate marketing is that the path has been paved by many marketers before you. This means that they have made their fair share of mistakes and learned from them so that you don’t have to go through the same challenges. So the best way to get started as an affiliate marketer is to find a good affiliate marketing course. To get a sense of what it’s like to be an affiliate, check out the review of AFFcelerator on YouTube to hear about the experience of Jesse from Belgium who shares his experience after his first year of affiliate marketing.
While you can certainly learn how to do affiliate marketing from books and blogs, you will probably get the best results from taking a course or joining a membership site where you can network with other people learning this invaluable form of marketing. Education, of course, isn’t the only thing you need to get good at affiliate marketing; you’ll also learn through experience. However, getting the basics down of any craft you’re trying to learn is always a good way to start.
Step #2: Choose an Affiliate Marketing Model
There are many ways to make money as an affiliate marketer, ranging from placing a Facebook ad that sends consumers directly to the merchant’s site to creating an online store where you collect a commission on every product you sell for a merchant.
The main thing is to find a model that works for you and stick to it. You won’t make much money if you flip from one model to another. If, for instance, you decide to create a review site on cosmetic brands, don’t also start writing articles on beauty care with affiliate links. Each model takes time to develop, and your best chance of success is to master a single model.
One of the most sustainable business models is to earn commissions from affiliate sales as a blogger.
As a blogger, you can make money in two ways:
- Write a review of a product or service you’ve used and recommend. The article will have a special tracking link that your readers will click on that will direct them to another website where they can make a purchase. When they buy, you’ll get a commission on the sale.
- Write an article about something and mention a product or a service that will help your reader achieve a certain goal. For instance, if you’re writing about how to make healthy smoothies, you could mention where you bought your Champion Juicer.
Is it Worth It?
Is it worth taking the time to get skilled up and then deploying your skills through a preferred affiliate marketing business model?
Yes! The industry shows no sign of slowing down.
Here’s what Jon Rognerud had to say about affiliate marketing in an Entrepreneur article: “A staggering $2.1 billion in affiliate marketing fees were paid to blog and website owners in 2008.” Since then things have only got better. According to a February 2016 Rakuten Marketing report, the industry is expected to hit $6.8 billion over the next few years.
The results you generate from affiliate marketing can be staggering. In fact, it has become one of the best business opportunities online. Your startup costs are low because a merchant does everything for you and you have many ways of driving traffic to your website, blog, or directly to the merchant’s site.