How to Start Affiliate Marketing With Little Money: Easy Guide For Beginners
Affiliate Marketing Strategies For Beginners
Discover practical steps for starting your affiliate marketing journey without any major investment. Maximize your earning potential now.
Affiliate marketing can often be a lucrative way to earn extra income. But, it can also be very difficult to get started if one doesn’t have any money. In order to get started, you must choose an idea that you know something about.
For example, if you love marketing softwares, then maybe you should consider becoming an affiliate marketer for a company that sells webinar marketing softwares for small enterprises. Or, if you enjoy cooking, you could join an affiliate program that sells food items.
You may not know much about these products, but you do have experience with the topic. And, once you begin working as an affiliate marketer, you can learn new things every day.
Blogging is one of the easiest and most sustainable income sources.
As long as the blog is setup the right way, in the right niche, with the right content targeted at the right audience, and the offer is complementary to the content, you could make a tremendous amount of passive income from a blog.
What is affiliate marketing all about?
Affiliate marketing is a type of online marketing that involves a business rewarding one or more affiliates for each customer brought to the business by the affiliate. This type of marketing can be extremely profitable, as the affiliate is essentially getting paid for bringing in new business. In addition, it can also be a great way to build relationships with potential customers and increase brand awareness. You can typically start earning commissions with almost no money or very low upfront costs.
How To Start Affiliate Marketing In 4 Steps
1) Start With What You Are Best At
You might have inspirations in the Affiliate Marketing domain who are making millions with the help of Affiliate Marketing. Observe them closely, they are not trying to sell every product under the sun. Rather, one of the best way to fail in Affiliate Marketing is selling every product under the sun.
You are suppose to figure out products in the beginning you can easily sell. If you have a blog, make sure that the kind products you have chosen to sell through your blog compliments the niche of your product.
You can easily find tons of affiliate products within your niche on affiliate networks, once you have established the core products, begin producing more content that is relevant to these products. Include your affiliate links in your content strategically and win the trust of the readers with honest interpretation of those products.
2) Write Trustable Content
If you can win someone's trust, you can make them do anything. Use this social tactic in your content. Write in such a way that people trust your words. Add value to people's lives with your content and they will go gaga on what you suggest.
Write in a simple way, know your audience, use the language they can easily understand. Keep an eye on engagement statistics, monitor the content that is getting more engagement, produce more of it in even better ways.
Essentially, your content's value needs to include two elements. It should educate people about something as well as should guide on how that "something" is going to add value into their lives.
3) Distribute the Content Everywhere
Once you have selected the affiliate products and written content about it to make the sales happen, now is the time to distribute the content everywhere. If you know a few things about SEO already, it is an additional advantage, if you don't know, don't worry I will share SEO tips for beginners in another article soon.
Other than SEO, you can publish your content as a blog article. If you don't have web hosting and domain, no worries, you can go with free options in the beginning, such as Medium, Blogger etc.
Once you have a blog ready, now is the time to spread that link on your social media, email contacts, whatsapp groups etc. This is how it works in the beginning. Obviously you can scale in future using Google Ads, Facebook Ads etc, but in the beginning it is okay to use the said networks.
4) Become Data-Driven
Once you have started driving sales in the beginning, you need to monitor the data that will further help you drive more sales.
Collect data using affiliate networks' built-in dashboards or other sales-tracking platform.
Get to know about the demographics related to those sales. Spend more time serving that demographic which is converting well. A Data-driven approach can easily increase your chances of making more sales.
I hope the article helped you in building an understanding about Affiliate Marketing. If this makes sense, I suggest you to try these courses to learn more about it. I am confident that these Affiliate Marketing courses can help you kickstart your journey very well.
These courses are designed keeping in mind the needs of a fresh mind.
Everything is smartly designed and every lesson is linked to each other, making your learning journey fun and useful.
Pro Affiliate Tips
The UNCHANGING principles of Affiliate Marketing...
Have you ever heard of Dan Kennedy lately?
He's a legendary marketer and entrepreneur...
I was just watching an old video of his the other day and he drove home an important point:
Tools always change
Tactics occasionally change
Strategies rarely change.
…But Principles NEVER change.
When I heard it, I couldn't stop thinking about how this applies to making income with affiliate marketing.
Will the high tech new auto-responder help you build your business online?
But it won't last forever.
Give it 6 or 12 months and it will eventually be replaced with another cool software that's either faster, cheaper or better at something else.
So why focus on the tools?
According to Dan, you're much better served if you focus on Principles.
Remember, principles never change.
So what are the PRINCIPLES I look for in a way to make digital income online?
1. Ability to work from any corner of the globe
2. Costs at least some money to get you started (stay away from free)
3. Easy to set up from scratch
4. Provides a money back guarantee
Ok, they're basic.
That's why I call them unchanged principles.
And if the business opportunity you're in follows them, you're on a path of greatness.
But what if you're doing doesn't provide you with those guiding principles?
Prepare for your income to CRASH.
And if you feel like you're in that boat, I have good news for you...
There's an easy yet powerful way to turn that around.
7 Essential Affiliate Marketing Terms For Beginners
Affiliate marketing is a type of performance-based marketing where affiliates earn commission for each lead they generate. These leads could be sales leads, website visitors, newsletter subscribers or even social media followers.
Outsourcing is the act of contracting out work or services to external providers. In business, outsourcing refers to the practice of delegating some aspect of business operations to entities outside the organization, either temporarily or permanently.
Performance based marketing (PBM) is a term used in the field of direct marketing, referring to the use of incentives, including commissions, discounts, free products, etc., to encourage customers to take action.
Lead generation is the process of finding potential clients who are interested in purchasing the product or service being offered.
5. Sales Funnel
A sales funnel is a metaphor used in advertising and marketing to describe a systematic way to get prospects to buy a particular product or sign up for a particular service.
6. Social Media
Social media is a group of Internet-based applications that build on the ideological and technological foundations of Web 2.0, and that allow the creation and exchange of user-generated content. A wide variety of online activities constitute social media, ranging from blogging and wikis to video sharing and networking sites.
Website traffic is the number of visits to a web site.