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How to Succeed in Making Money Online – Affiliate Marketing

How to Succeed in Making Money Online – Affiliate Marketing

How to Succeed in Making Money Online: Affiliate Marketing

How to Succeed in Making Money Online (Series Part 1)

In this special money making online series, we will discuss five potential ways to make income online.

As you may know, individuals can make a few dollars working online or with a little hard work they can make a whole lot more. How many times have you seen online ads and email messages touting “make $10,000 a month running a blog”? What you earn depends on which direction you go and what kind of work you decide to go into. Some people choose to focus only on one area which brings in a smaller paycheck, while others like to diversify their areas.

Successful online marketers recommend using a variety of income potential ways to bring in the most earning possibilities. It’s always better to have some variety when it comes to making money. That way, if one avenue suddenly changes or stagnates, you will still be making money in your other endeavors.

Many of these methods of making money online require little or no money to get started – and you can build them quickly. Even if you don’t have all of the knowledge you’d like to have about what niche you’d like to get started in, that’s not important as you can learn as you go along.

Affiliate Marketing

Affiliate marketing can be an easy way to make money because you don’t have the time and expense of creating your own product. But out of the various business branches you can get into, affiliate marketing might bring sales, but it also might take longer to start paying out for you if you’re promoting on sites that have a two-month payment window, like Amazon Associates.

As a general rule, affiliate marketing is not the answer if you’re in a bind and need quick cash. This is more of a long-term, steady type of way to bring in an income.

There are a few ways that affiliate market can pay off. If you’re someone who has a platform (such as a blog/website, Facebook group, Instagram, Twitter, or YouTube channel), then you’re already ahead of those who don’t. Affiliate marketing works best if you have an audience in place that trusts you.

If people don’t trust you, then they’ll be more hesitant to buy from you. To build this needed trust with your audience, you have to make sure that you’re open about any connection that you have to the product. Always disclose if you are an affiliate, personal customer, or product tester.

If you received a free copy of the product in exchange for a review or for promoting it, then you have to disclose that information. Second, never promote a product that’s junk or is questionable just to make a sale. If you do that, your audience will feel duped and will refuse to trust your recommendations in the future.

On any products that you do promote, make sure that they are items from marketers who are known to provide excellent customer service. On my personal website, I include sidebar links and the occasional in post link to products and services. My policy is not to advertise, endorse, or affiliate with any product or service that I don’t personally use nor have first-hand knowledge of its effectiveness.

If you’re sharing a product from a marketer who has poor customer service, that will reflect badly on you. When you look for products to promote, you’ll want to make sure that you don’t put all of your eggs (potential commissions) in one basket.

In the past, many affiliates relied solely on Amazon for their earnings. Then when some states wanted to charge a tax on purchases from Amazon, the affiliate programs in those states ended up being shut down.

Because of this issue, affiliates in those states were left scrambling to find other affiliate programs to replace this lost income. One of the biggest issues that puzzle people who want to get started in affiliate marketing is not knowing which products to promote.

Finding ideas in this area is fairly easy as all you have to do is look at your own life.  If you create content about fitness and use at-home exercise equipment, then you could write reviews about the products you use and include affiliate links to some of them.

You want to be careful that you don’t overdo it with links or your audience and search engines might think your site is a spam site. Some experts recommend that you don’t just rely on banners on your site.

When you’re first starting out, it can be tempting to assume that banners will be your biggest money makers since they’re front and center – but the truth is that most banners don’t convert very well. That is because most readers see banners and think of them as advertisements. So they ignore them. It’s called ad blindness, or banner blindness. What does work is having a contextual link.

This is a link in the middle of whatever content you’ve written about a product. You can include these links in reviews or articles on your site about the item. Another way that you can find products to promote is to see what other marketers and bloggers in your niche are successfully promoting.

Don’t be afraid to promote the same products because you may reach readers that don’t read or subscribe to your competitors’ sites. They might simply trust you more than someone else.

Even if a reader is subscribed to your mailing list and your competitors’, you still have a good chance of making a commission since studies show that some buyers will only make a buying decision after being exposed to the same product multiple times.

Popular Affiliate Programs

  • AdSense (Google AdSense) – is an advertising placement service by Google. The program is designed for website publishers who want to display targeted text, video or image advertisements on website pages and earn money when site visitors view or click the ads.

For more information, check out Googles AdSense policies.

  • Amazon Associates – when website owners and bloggers who are Associates create links and customers click through those links and buy products from Amazon, they earn referral fees. It’s free to join and easy to use.

For more information, check out Amazons Associates guidelines.

  • SiteGround Referrals – when website owners/bloggers refer SiteGround on their website, they have the earning potential of receiving free web hosting services.There are people that never pay renewal fees for their hosting services at SiteGround, simply because they have shared their experience and have recommended SiteGround to other users
  • Clickbank Affiliates – in exchange for your promotion of a third-party product, you will receive a percentage of sales every time a customer makes a purchase through your link.

For more information, check out Clickbank Affiliate Marketplace.

  • CJ Affiliate (formerly Commission Junction) – whether it’s monetizing website traffic, driving more sales or finding more customers, CJ understand that the clients’ goals are CJ’s goals. For more information, check out CJ Affiliates Overview.

If you like what you are learning then stay tuned for part two of the money making series where we will discuss creating information products to sell and bring in passive income.

Do you use affiliate marketing? Are there any affiliates that have not been previously mentioned that would be of interest to those wanting to make money online? Please use the comment section below with you affiliate program successes.

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