What is Affiliate Marketing?
If you’ve been looking into making money online, ecommerce or online business for some time, you may have heard of Affiliate Marketing. So what exactly is it and is it right for you?
The Basics of Affiliate Marketing
Affiliate Marketing is a great way to produce income for your website and a great introduction to ecommerce. It allows you to earn a commission for selling products for other companies. You can sign up for various Affiliate Marketing programs, create content that will attract potential buyers and share offers with those buyers through an Affiliate link. When someone buys using your affiliate link, you earn a commission.
The Nuts and bolts of Affiliate Marketing
The key to doing affiliate marketing is to target a niche or specific market segment, create content to attract people interested in that niche and share relevant affiliate offers with them.
Your Niche
Your niche could be almost anything. It should be something that interests you or you are passionate about. Over time, you will become an expert in your niche. Popular niches include: fashion, health and fitness, weight loss, online business opportunities, etc. Its best to master one niche before branching out into others.
Creating Content
The idea is to create content that will attract people who are interested in your niche. This could be in the form of blogs, videos, social media, etc. By creating valuable content, you are establishing yourself as an expert in your niche and attracting a group of people to share your offers with.
Sharing Affiliate Offers
As you build your audience, you will be able to share offers with more and more people. The bigger your audience, the greater your earning potential. The critical thing to remember is that as you build an audience and share offers, you want to be sure to build your email list. Your email list could be the most valuable asset you create since you can share multiple offers with the same list at very little cost compared to paid ads.
Is Affiliate Marketing Right for you?
If you enjoy learning and sharing what you learn with others, then you might enjoy Affiliate Marketing. It can be a great way to turn your interests into money making opportunities. There are a lot of skills and tools you will need to learn and develop, but the most basic requirement is to be able to get excited about something and be able to share that excitement with other people.
Learn More
The easiest way to learn about it is to just search online. The problem with that is you will get a mix of different ideas and tactics that could conflict each other. The best way to learn about Affiliate Marketing is to find a program designed to teach it. The best program that I know of is through the Entre Institute created by Jeff Lerner. You can find out more and get started with the link below.
