What is Affiliate Marketing?
Affiliate marketing can simply be defined as the process of marketing a company's product in other to gain commissions from sales. It is a performance-based business mode. In this field, an affiliate's compensation depends on how many clients they help a company acquire through their marketing initiatives.
Look, in other to become better in affiliate marketing, you have to start from somewhere. You cannot figure everything out before starting. The moment you start, your learning curve will Increase. Do not hold yourself back with the excuse that you do not know where to start as that will be dealt with in this post.
7 Crucial steps to Start Affiliate Marketing As A Beginner
Here are 7 crucial steps to take in other to Start Affiliate Marketing:
1. Create a website or blog. check out the best website hosting companies
2. Create content around keywords and publish it on your blog. Keywords are quite essential
3. Join an affiliate with companies such as impact.com, or cj.com to have access to various products with a link unique to you alone.
4. Next you then take the link to the business products or services and promote them on your platform: be it a website, social media platform, email list, medium.com, etc.
5. When a potential customer clicks on the links and makes purchases, you earn a commission from the sale.
6. Every purchase made through your link is tracked by the company you signed up with and you are in turn paid a commission.
7. It is a circle as long as you continue to promote the product and as long as purchases are made via your links, you are paid.
Best Affiliate Marketing Strategies For Beginners
In other to earn well as an affiliate you have to make use of varieties of strategies to make money online. To start with, find a high-paying affiliate program to join. Also, You can make money online through a cost-per-impression advert placed on your website. cost per impression means that for every 1000 views that you get on your page, you are paid a particular amount; now this is just about views alone.
We also have cost-per-click adverts; you get paid a particular amount for every click on the advert on your page.
I know that some of us may want to know the statistics of affiliate marketers who earn money online via affiliate marketing. Let me touch on this briefly. It's quite difficult to give the number of affiliate marketers who become successful in affiliate marketing because success in this niche depends on the affiliate niche, the strategy used, and the audience.
In light of the aforementioned, studies have demonstrated that affiliate marketing is a successful business model. One such study conducted in the United States of America revealed that 63% of affiliate marketers in that country made an average of $500 per month from their affiliate marketing efforts. Additionally, a poll conducted in 2022 revealed that 77% of affiliate marketers in the US made significant earnings from their affiliate marketing activities.
In other to start on fair and smooth ground, I will advise that if you are interested in starting or going into the affiliate marketing niche, you start off with a good website host. Starting off with a good website host allows you to have key features you need all in one place. e.g bluehost.com and godaddy.com have WordPress hosting services, email marketing services and so much more. Personally, I started with blogger.com and only realized that it was limited, and honestly, it is not bad. Although I am still using blogger.com, my next website will have WordPress integration.
I hope you find this insightful and please don't give on on yourself; Start that new business, and do that which you felt you could not do before. The sky is your stepping stone
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