According to various types of data, ‘how to earn money online has got the honour of getting searched on the web millions of times in a single month. There are many ways to earn money online – most of them are genuine but some of them can lead you to small to even big financial losses. But, today we are going to talk about one of the most genuine ways to earn money online.
With this process, you can earn more than Rs. 50,000 a month and a great aspect of it is that there is no upper limit of earning money. You can earn as much as you want.
If you are a daily visitor of our website, you probably know that we usually talk over many types of ways to earn money online, like that we have talked over Facebook that to start earning money from Facebook you don’t need any kind of investments, just like that, if you want to earn money through affiliate marketing you do not any kind of investment.
All you need to start affiliate marketing is –
- A mobile / a laptop / a desktop
- An internet connection
- An audience base.
Note: We all already have the first and second needs. So, what are you waiting for?
So, if you are a newbie and going to start affiliate marketing, you need to know
What Is Affiliate Marketing –
Affiliate marketing is the process where you can earn money just by promoting other people/brands / com store products.
Basically, in this process of earning money, you usually take a product and promote it among your audience. When your audience buys the product through the unique referral link, you earn money from it.
Though affiliate marketing can be done in both online and offline ways, affiliate marketing in online platforms is becoming popular gradually and that’s why in this article we will be focusing on how you can do affiliate marketing in online platforms.
Let’s understand it with a simple and understandable example:
Suppose you have an online store. But, you are not able to sell more and more quantities of product.
Now, what can be done?
The best process to increase the number of sales on your website is that you will ask some popular persons to promote products that are available in your store and if they can make a sale or can bring traffic (audience) to your site, you will pay a selected fee for it.
And, it’s not that you will stop earning 150-300 Rs. in a day. This will open up the window for getting unlimited money.
Now, there are many processes to earn money through affiliate marketing.
Let’s talk about them :
Here we have included the 3 most popular ways to earn money through affiliate marketing.
Pay Per Click (PPC):
In this process, you can earn money on the basis of how many visitors are visiting the contracted website through your link.
The more visitors will visit the page through your link, the more income you can generate.
Pay Per Sale (PPS):
In this process, you can earn money on the basis of how many sales have been made through your unique link.
The more sales you will make through your link, the more money you can generate.
This is the most owned method of earning money through affiliate marketing and this process is used by most of the popular e-commerce stores.
Pay Per Lead (PPL):
In this process, you will get paid when the audience provides his/her contact info on the advertiser website.
The advisor will then contact the concerned person and it will be their responsibility to generate sales.
We have learnt how you can make money online through affiliate marketing. Now, let us talk about the most popular products that affiliate markets use to promote:
Most popular products promoted by affiliate marketers:
- Clothes and garments.
- Mobiles and other electronic products.
- Online services – like hosting, domain etc.
But, in most e-commerce, all products are available to promote.
So a question may arrive in your mind: why affiliate marketers choose a specific series of products?
Well, that is what we are going to discuss now.
The truth is that in every product you will not get an equal commission. The percentage of earning money varies on different types of products.
Generally, affiliate marketers get more commission of products like clothes and garments, kitchen products but in products like computers and any other electronic product affiliate marketers usually get less commission.
For your information, below we have given a rough idea about how much commission you can earn on different products –
|Furniture and different kinds of tools||8-9%|
Persons Involved In Affiliate Marketing:
If you want to start affiliate marketing you should know the types of persons who get involved in affiliate marketing. As it is a piece of very basic knowledge, you must know it.
In affiliate marketing, 3 types of persons get involved in it.
They are –
- Vendors (they are the person who make/produce the product and sell it in online store)
- Affiliate platforms (Affiliate platform is a place where vendors sell their products and customers buy them, if you are an affiliate marketer, this is the platform from where you will start promoting your products and try to sell it in the market.
- Affiliates (An affiliate is a person who sells products by doing affiliate marketing, they are also called affiliate marketers. In our case, it is the person like you and me)
Things To Need Before Starting Affiliate Marketing:
It is true that you will not need a huge amount of money for affiliate marketing but before starting any business you must need something. Likewise, to start affiliate marketing you will need a platform.
You may ask, what is a platform and why will I need it ?
Well, in simple words, a platform is a place where you will do your affiliate marketing and from this very platform your visitors will go to your affiliate link and will help you to earn money.
Best Platforms For Affiliate Marketing:
Blog: A blog is the most widely used and probably the best way to do affiliate marketing. A blog is nothing but a website where you can write various types of contents and after writing contents if your blog article ranks on Google, visitors will reach your site and you can earn money if they click on your links and make a purchase through your link while they read your blogs.
YouTube: Yes, youtube is also a big platform for affiliate marketing. Here, you have to make videos regarding the products that you want to promote through affiliate marketing. When your audience gets inspired by your videos and wishes to buy the product, you can earn money.
These were the top 2 platforms which are used by the best affiliate marketers.
But you may be wondering what is the best platform among this two :
Blog vs YouTube:
The answer is, both of the platforms have their own benefits, advantages and disadvantages.
Let’s Take An Example Of Blog:
In a blog you can write about as many continents as you want. But all the articles must be big enough to rank in Google search results so you have to write big contents if you want visitors to come to your website through Google search. Plus, building a blog and banking it in Google takes a lot of effort, time, energy, patience and lots of things. If you don’t have that much knowledge of new technology and information technology you are advised not to go to builder block and do affiliate marketing with it.
Plus making a blog isn’t that easy compared to what you are thinking. In the internet there are plenty of blogs which are already giving good content, which decreases the chance that you will attack at the toppest position in Google search – and for getting an audience to your website is all about ranking your post at the first position in Google.
Additionally, you must have to be very good in writing contents and in the language you’re doing affiliate marketing to write great contents.
Blogger vs WordPress:
To do affiliate marketing through blogging, you need to do a small investment. If you are using a blogging platform like blogger – you will never need to invest a single penny to do to affiliate marketing by writing content on your blog, but blogger does not have the power and it becomes difficult for anyone to design a full affiliate website with blogger if he is not a geek in coding. That’s why many of us suggest affiliates use platforms like WordPress to design their blog – with WordPress you can customise your website and design it according to your desire. With WordPress, you can design a professional website. But the main disadvantage of what place is that if you want to live your website on the internet, you will need to purchase hosting and a domain.
Our hosting is a place where all the files of your website are stored and a domain is an address to your website. This purchase of domain and hosting will cost you some money, if you want to purchase the cheapest hosting and domain – it will cost you about 1500-2000 rupees per year. But we will never suggest you use cheap hosting as your website may crash if a lot of visitors enter your website within a few moments. But if you have a very small website you don’t need costly hosting but you will still need a domain name that is priced the same in every case.
Things To Know Before Purchasing A Domain:
There are many types of domains available in the market. Of them, you might have heard about .com, .in, .gov – these are the most popular domains on the web. If you want to purchase a .com domain for your website, it will cost you more than the .in domain.
IT is on you which domain you will choose and which hosting you will use.
YouTube is another major platform for affiliate marketing. The main problem with YouTube for affiliate marketing is that at the initial stage it takes some time to rank your YouTube channel and grow a sufficient number of subscribers but when your YouTube channel becomes big then you can get a greater number of users who regularly watch your videos and purchase the products according to your link.
In YouTube you can’t make all the products and links customizable however in blog you can customize the appearance of the link and related things which will attract visitors to your site.
If you want to promote any product on any platform you should explain it in great detail but in Youtube, if you want to talk about a product in great detail the video length will become long and people will start avoiding your videos.
Best Platforms For Affiliate Marketing:
If you want to do affiliate marketing you will need some platforms to choose a product from. Here we have discussed the best platforms of affiliate marketing.
Amazon is the most popular platform for affiliate marketing. In fact, most of affiliate marketing is done via Amazon.
Pros Of Using Amazon As An Affiliate Marketing Platform:
The reason why people choose Amazon as the affiliate marketing platform is that it has a large popularity. And, that’s why when you place an Amazon affiliate link on your content people feel it is quite authentic in terms of product quality, payment gateway. And, as they usually use Amazon for any kind of product ordering so you can get more purchase on your product compared to any other site.
But though Amazon has these kinds of benefits, still there is a downside why some people do not use Amazon Affiliate.
Some people do not use Amazon Affiliate because Amazon usually pays less commission for any kind of product. And commission is what you are looking to earn in affiliate marketing. As Amazon pays less commission for affiliate products, this means that you will earn less money for every purchase that has been made with your link.
and that’s why people use the second platform that we are going to talk about now.
Clickbank is a leading affiliate platform for affiliates and retailers. The difference between clickbank and Amazon is that – in Amazon you had to to promote the products which are owned by Amazon. But in clickbank you have to promote products which are owned by external websites.
Cons Of Using Clickbank As Affiliate Marketing Platform:
Using clickbank somehow reduces the trust of you on products as these are external links, and in some cases you, the affiliate, may not know what the website is all about or whether the website is providing genuine products or not.
But clickbank has its own benefit and that’s why people choose clickbank as their primary affiliate marketing platform.
The reason why Clickbank is popular is that it pays a huge commission to the affiliates whenever they make a purchase.
Clickbank is over 20 years old and according to their data they have already paid about $4 billion to their affiliates.
Clickbank provides its affiliates with more than 10% commission on every product. In some cases, the percentage of the commission may even rise to 90%.
But, to start affiliate marketing using these platforms, first, you need to maintain some formalities.
In both Amazon and Clickbank, you first have to fill out your personal information and banking information correctly.
Unless you give correct backing information you will never receive payment in your bank account.
Plus, while entering this information, you will be asked to provide your website / YouTube channel link. Here you have to provide the original link to your blog for your YouTube channel.
Amazon generally verifies your blog / channel whether it is eligible for promoting their affiliates product or not.
After you will get verified by Amazon, only then you can share the affiliate links to your audience. Unless you get verified you will not be able to share the link.
Things To Remember While Doing Affiliate Marketing:
- Many people when they get approved by the affiliate marketing platforms like Amazon and clickbank, they generally ask their family and relatives to purchase products using their affiliate links. But, is against the rules of the affiliate marketing platforms. So you will be better advised not to share the links among your relatives and family members because doing so can result in terminating your affiliate account and you will not get any single penny from the affiliate marketing platform in spite of your earning.
- Another main thing to note – many people height their affiliate links with link shorteners and other link redirecting tools. Never do things like this. Affiliate platforms and Google itself, strongly recommends that you share your original affiliate link instead of using any other tool. You must be very transparent about your happiness link and your diesel affiliate length must be really visible to your audience. (For example : general amazon affiliate link looks like this – amazon.to/…..
Frequently Asked Questions (FAQ):
What Is Meant By Affiliate Marketing ?
Affiliate marketing is the process in which you promote another’s product to your followers / audience and earn money when the views purchased that product with your affiliate link.
Affiliate marketing is a major source of earning money online doing some simple work.
Is Affiliate Marketing Easy ?
Yes, affiliate marketing is very easy. It is as easy as talking to somebody about a particular product. The only thing you need is the ability to write or speak about something – which we already have now.
How Do Affiliate Marketers Get Paid ?
There is no certain limit of payments to affiliate marketers. To tell it clearly, affiliate marketing is not a job where you will get paid a certain amount of money after working for a month or so. Rather, affiliate marketing is a business.
How Much Does Affiliate Marketers Earn?
The earning of an affiliate market depends much on what products he / she is choosing to promote.
If they choose a type of product where the commission is very high he / she will get more money.
It also depends on what platform the affiliate marketer is choosing. Generally, popular and reputed platforms pay less commission to affiliate marketers where less popular affiliate marketing platforms pay more commission to the affiliate marketers.
And, obviously the income is fully dependent on how many sales are being performed though your affiliate links.
The more sales you can make, the more money you can earn.
Why Is Affiliate Marketing So Popular ?
There is a basic reason why a business becomes popular.
If the business person can earn more and more profits in his business, the business becomes much more popular. In the same way, with affiliate marketing you can earn an unlimited amount of money. That’s why nowadays people prefer affiliate marketing compared to most other online based businesses.
With affiliate marketing you don’t have to work hard throughout the day. Just 3-4 hours of work in a whole day is just required for a beginner.
How Many Hours Will I Have To Spend On Affiliate Marketing ?
There is no hard and fast rule that you have to spend these many hours for affiliate marketing in a day, again this is not like a job – where you have to enter the office at 11 A.M. and have to work till 4 P.M.
You can work as many hours as you want. The more effort you put into it, the more money you can earn from it.
The matter is that to promote your products you must write many posts, and the post must be long enough to rank on Google search algorithm (for bloggers) and for YouTubers – your videos must be very good enough to rank into YouTube search and to attract the viewers.
Where Can I Post Affiliate Links For Free ?
You can place your affiliate links for free in your own youtube channel. You can also share them on your blog. Blogging is free on blogger – there is no charge for domain and hosting. But, in wordpress, you have to pay for domain and hosting. It will be better not to share your affiliate links with either your family members and neighbours and relatives.
Can I purchase a product from my own affiliate link and earn money?
No, as far as most popular affiliate platforms are concerned, you can not earn money from your own affiliate link.
If you are a new affiliate marketer I will strongly recommend you not to make a purchase with your unique link.
Can I Promote Affiliate Links On Facebook ?
Yes, you can promote your own affiliate links to your own Facebook group or page. But, never send your affiliate links to unknown people because doing so may result in termination of your affiliate account.
How Do I Start Amazon Affiliate Marketing For Beginners ?
It is very easy to start affiliate marketing for beginners. First, you have to go to the official Amazon page.
Then you have to scroll down and find the term – become an affiliate or you can just search in google for amazon affiliate.
After you have found the amazon affiliate page, click on the signup button.
After clicking on the sign-up button, fill out the information you are asked for.
Carefully fill in the information, provide all the information correctly. Give details of your own affiliate platform. – It may be your blog / your youtube channel.
When you are asked to enter details of your bank account fill in the details of your bank account. Because the money you will earn from amazon affiliates is going to be paid to you via the NEFT method to your bank account.
Next, you have to wait for several days for getting approval in your amazon affiliate account.
Now, you can generate unique affiliate links to your product and start earning money.