Affiliate Marketing for Beginners – The Best Way to Start Making Money Online
In today’s highly competitive world, landing a stable 9 to 5 job that pays well has become a near-impossible task. The deepening recession and population growth have only made the situation worse. So what is the way out for us?
The answer is to earn money online and create a parallel source of income to support our families. There are hundreds of ways to earn money online. The path that we are going to follow is the path of affiliate marketing.
Affiliate marketing is one of the most popular and equally effective ways to make money online. Many people have made millions online, and thousands around the world still do so daily.
What is affiliate marketing?
As you know, the Internet world is booming. Millions of people around the world surf the Internet every day in search of information. Some buy and sell products and services; others seek solutions to their problems in one way or another. That means millions of dollars are spent and generated on the Internet every day.
Ecommerce spending in 2013 is estimated to be $ 262 billion in the US alone, which gives you a rough idea of how big the internet world is. Now for the main part.
What is affiliate marketing?
In simpler terms, it is the process of making money, promoting and selling other people’s stuff online.
For example, suppose you have a television website; youwhere you provide information about different television brands, list their pros and cons, and help the visitor or reader choose the best among the others. Hopefully, your information is excellent. So great that the visitor immediately wants to buy a device and clicks on a link to one of the brands. The same link was obtained from you from the merchant’s site and strategically placed on their website/blog.
When a customer clicks your link and buys a product, they receive a commission. The commission rate varies from one distributor to another. Digital products attract you more in percentage than physical products.
Still not clear?
The following paragraph is from one of my partner sites. The domain name cannot be shared on a public platform for my reasons!
“All rooms and suites are modern furnished and well-equipped. The 4 suites offer separate living and sleeping areas with a picturesque view of the gentle slopes.
The hotel offers 24-hour room service, a sauna, and a cafeteria.
Click here to book your stay now. “
This is a review of one of the resorts in a great country. When a visitor comes to my blog and visit the previous page, they will read the review. If they are excellent excited and to check the rooms or reserve a room right away, click the link “Click here to book your stay now.” Every time someone clicks this link, I get a small commission. If that person has the room books, I do it anywhere up to 5-6% of the reservation fee. And this is how affiliate marketing works.
Why Affiliate Marketing?
Gives you the freedom to work from home.
You can vacation anytime you want.
More time with family and friends.
You don’t have to reply to your boss every five minutes.
You are the king. Enjoy absolute freedom in your workplace.
You can earn money even while you sleep, as the entire system can be automated.
What can’t you expect?
Not a quick trick.
There are no shortcuts.
It can take anywhere from six months to one or two years for success to begin.
You have to work hard.
It is not free, you have to invest money (usually less than $ 150 for a basic setup) and time.
How does the merchant know that the visitor came through his link?
This is done primarily with cookie tracking.
The code you get from the merchant allows them to track your links and activity through special software that places small text files on visitors’ browsers called cookies. These cookies are active for a certain period. Some are active for 60 days, others for 90 days. This means that if a visitor clicks on your link but does not buy anything, they will not lose their commission, but will return after 7 days to buy the same product. The cookie is still active and informs the retailer that you have recommended the visitor and presented the product to them.
How much money can you make from affiliate commissions?
The sky is the limit. People earn six to seven-figure incomes. But let’s face it. It is not a Get rich quick scheme. You have to work hard before you see results. Of course, you won’t start earning a six-figure income right away. Most people start with $ 5,000,000 a month and gradually increase their income. Once they are adept, they start to make big profits and think about quitting their 9-5 jobs.