Affiliate marketing is the number one choice for people looking to earn money online today. Even if you can only dedicate a few hours a week to your site, with some patience and consistent effort you can make additional income to help you through these hard times. Do it right and you could join the thousands of people who make a full-time living, from home, using affiliate marketing.
Here are a number of reasons why affiliate marketing is so popular:
Low or No Startup Costs
If you can build a simple WordPress site, affiliate marketing will simply cost you a monthly fee for hosting your site, plus the cost of an autoresponder service if you decide to build an e-mail list. Affiliate programs cost nothing to join. Once you have built your first affiliate marketing site then depending on the hosting plan you’ve chosen you can continue to build more sites and they won’t cost you any extra. Your biggest expenditure will be your time.
A Huge Choice of Products
There are hundreds of thousands of products that you can promote. It’s a good idea to start with something that you know about, this could be anything such as health, gardening, the craft or hobby that you enjoy or basically any subject that you can write about on a regular basis. You can even have a number of websites all built around the subject you know about. For example if you enjoy sewing you could have a site promoting your favorite sewing machine, another explaining the techniques of pattern making and another about different kinds of fabrics. You’ll just need to make sure there are affiliate programs for each topic.
Add Affiliate Marketing to an Existing Site
If you have an existing website or blog on any subject, you will find an affiliate program that can offer quality products to your readers. If you know these products well you will be able to write about them in a helpful and informative manner. Your readers will trust your judgment and click on the links and banners and you will be paid a commission.
Earn Large Commissions
Commissions vary a great deal. Amazon.com offers commissions up to 15% on some products. If you decide to join the Amazon program it’s a good idea to look for items to promote that cost over $100. That means if the item you choose offers a commission of 15%, for each item you sell you will make $15. Obviously if you promote items that cost only a couple of dollars it will take you a long time to accumulate a decent amount of commission every month.
Another place to look is Clickbank. Clickbank deals only in digital products such as e-books. Their commission rates can be as high as 80 or 90% so you have a much better opportunity to make a substantial monthly income. Take a look at Clickbank’s extensive choice of products as you’ll be surprised at how many topics are covered. They offer many different categories to choose from including business, health and wellness, personal growth and a number of e-books about hobbies and pastimes. It’s always wise to purchase the product you wish to promote and check it out before you offer it to your readers, as the quality of Clickbank products does vary. (If you don’t like it you can always send it back within 60 days and try another, and this option will be open to your readers as well.)
The most important word in “affiliate marketing” is marketing. Choose the right product, do some extensive keyword research, choose a domain name that includes your keywords and then start marketing!
Do you use affiliate marketing successfully on your site? Do you have any tips for our readers about choosing products to promote?