Simply put, Affiliate Marketing is one of the most cost-effective ways to make money online.
Want to know more about what is affiliate marketing and how does it actually work? Keep reading and find out why this is the best and most popular way to make money online, from your home, with your computer.
You’ve probably heard about affiliate marketing quite a few times just like me before I set out to do this type of business online.
I first learned more about it 5 years ago when I joined a foreign platform that teaches absolutely everything about affiliate marketing, that is, how to make money from YOUR website using Affiliate Marketing.
I can freely say that I have tried all kinds of jobs online but none have been as profitable as affiliate marketing, this type of earnings is VERY popular around the world, so I decided to write this article and show people how powerful this type of income is.
For the last 5 years, as I have been actively involved in affiliate marketing, I have inspired many people to start their online business (blog), which still brings them passive income.
Who doesn’t know, passive earnings are earnings that come to your account EVEN THOUGH you do nothing. That is the goal of affiliate marketing.
Before I throw myself into the story of affiliate marketing, I want to say that I worked as an auxiliary worker in one restaurant, sometimes two shifts, but the earnings I had are nothing compared to this now since I started affiliate marketing.
Let’s get started, in this article I will cover the following topics:
- Basics of Affiliate Marketing
- How Affiliate Marketing Works
- How To Get Started With Affiliate Marketing
- Who is Affiliate Marketing For?
- For Whom is NOT Affiliate Marketing
- Affiliate Marketing Terminology
What Is Affiliate Marketing And How Does It Work?
Affiliate marketing is one of the oldest forms of digital marketing in which you refer someone to any product or service and when that person buys a particular product based on your recommendation you get a percentage of the sale.
Percentages can range from $1 to $10,000, depending on the product you are promoting. So if I work for the company “NOKIA”, that is, I promote Nokia phones, everyone who buys a phone from me, I will earn a percentage, whether it will be 5%, 10% or 50%, it depends exclusively on the company you work for.
Here’s how affiliate marketing works in 4 easy steps:
- Register for an affiliate program – (Nokia in my case)
- Choose the product you want to promote – (Mobile phone in my case)
- Share your personal (affiliate) LINK on your blog, Facebook, Youtube, forums, anywhere where there are active visitors
- When someone buys a certain product through YOUR link, you get a percentage
Let’s simplify it even more. Let’s say I’m looking for the best supplement to build muscle mass.
I go to Google and type in “the best muscle building product”, they will throw out various sites that promote the best muscle building supplements, if I buy a supplement from any site, the owner of that site will get a percentage of my purchase because I bought the product through his (affiliate) link.
I hope it is at least a little clearer to you. If you are new to affiliate marketing, it may be a little harder for you to understand how it works, but don’t worry, every start is difficult. I had no idea about affiliate marketing and now I make a living from affiliate marketing thanks to the Wealthy Affiliate platform.
How To Start With Affiliate Marketing (Beginner-Friendly)
You can start affiliate marketing anytime and anywhere, it is essential that you have a PC and an internet connection.
Here are some tips on how to get started with the most popular method of earning (online) today:
- Create your website (blog) and promote products on it (Blogging – The most cost-effective and best way)
- Buy traffic from Facebook and send them to a specific page via your affiliate link
- Create a Youtube channel and promote products on your channel (you probably already know some Youtubes that promote various types of products through their YT channels, it’s called Affiliate Marketing)
Here’s how to get started with affiliate marketing with your blog:
- Choose the industry, what you want to promote (weight loss supplements, shoes, mobile phones, gym equipment, whatever comes to mind, or better yet, choose what appeals to you)
- Create your personal blog (very easy and simple)
- Start writing about your chosen industry (if it is weight loss, write about various weight loss methods such as diet, recipes, shakes, etc .. If these are gym equipment, write about which equipment affects the muscles and how it can help gain muscle, etc..)
- Attract people to your website (you can do this by ranking your website on Google)
- Make Money – Anyone who visits your website through Google and buys a product you promote, you get a percentage of sales
The reason why blogging is the most effective way to earn with affiliate marketing is that it requires minimal investment and the earnings are UNLIMITED, you can promote hundreds of products on your website and you can earn thousands of dollars from it.
People around the world earn $1000 a day (I know it’s hard to believe but it’s true) from blogging (affiliate marketing), I personally currently earn between $5000 to $10.000 A MONTH from my website thanks to a platform that has allowed me to learn absolutely everything about affiliate marketing (and creating your own website) which can help YOU (of course with my help).
The Benefits of Earning With Affiliate Marketing
I must mention that the benefits are unlimited, but I will list the ones that are my favorites and that I personally enjoy:
You don’t have a boss over your head – this is definitely a “dream” of many people, imagine that you work for yourself and that there is no one next to you who will command you what and how much to do? I’ve been doing this for 5 years now and I can’t describe that feeling to you! Affiliate Marketing lets you do that!
Excess time for yourself and your loved ones (my favorite!) – when was the last time you went to the sea? Do you even have days off and vacation? I know that I did not have it while I worked for a private company, I work from morning till night and so on every day and even on weekends.
With affiliate marketing, you will have more time for yourself and your family. I am 26 years old and I like to go out to a cafe and a disco and I also like to travel (who doesn’t like it? Haha) and blogging allows me to do that. I can work 2 hours, 6 hours, 1 hour, I don’t have to get up at 5 in the morning and lie down at 21:00
Earnings are unlimited – With affiliate marketing, there is no fixed income, you can earn from $0 to infinity, the point is that the more effort you put in the more you will profit, short and clear.
I must emphasize again that this is PASSIVE earnings, so when you get into a stunt you will make money when you sleep, people in our area are limited (no offense), they think that without hard physical work there is no bread and you probably know that proverb, WORK SMART AND NOT DIFFICULT. People around the world make money from this business (affiliate marketing) just like that.
Disadvantages Of Affiliate Marketing
Everything has its disadvantages and advantages, including affiliate marketing and working from home. I have to admit that in the beginning, I had problems with what I will list now, but over time I realized that I have to change myself and my habits in order to succeed in the online world.
I have already mentioned the great benefits that affiliate marketing provides, and now let me deal with the disadvantages:
The first thing that bothered me was WRITING. When you create your website you have to write a lot. Back in elementary school, I hated to write written assignments because I’m just not the type who likes to write.
So if you are ready to engage in affiliate marketing with the help of your website, you must be ready to become a WRITER. Take a look at this article you’re just reading, it’s all typed by hand for an hour and a half.
In time, you will learn to write faster, you will be able to write 2 articles within 2 hours, which is great, but I must admit that it is difficult at the beginning, every person who does not have a problem with writing will progress much faster.
Irresponsibility – in the beginning, I had a lot of problems with that because I knew I didn’t have a boss who would tell me what and how much to do.
Instead of working on my site, I went out with friends, hung out on Facebook, listened to songs on YouTube and the like, and time passed. This is the advantage and disadvantage of this business, you have free time at your disposal, but you MUST first stabilize your website until it starts to bring you passive income.
Who Is Affiliate Marketing For?
This type of online job is for all those who want or change their permanent job, for the unemployed, for students, for all those who want a part-time job, for all those who want more time for themselves and their family, and for those who want to earn more than “minimal”.
Affiliate Marketing is also for people who are patient and who are willing to work for at least 3 months because this is not a job that will bring in earnings “overnight”, you need to invest time and effort and it will pay off many times over. After 3 months, the results begin to be seen and that is why it is very important to be persistent and success is guaranteed.
I personally made my first income after 2 months, although there are people who start earning money after 2 weeks, it all depends on how much time and effort someone has invested in the online business.
For Whom Is Not Affiliate Marketing?
This online business is definitely not for people who think they will get rich overnight. I understand that there is no money, we all have bills and expenses, but there is NO trick. You need to work, no one will do the work for you.
I often meet people who want to make money online and who tell me “I need money now”, I understand that, and I needed money when I started working online but I also worked “offline” and so I was able to invest in my online business that has paid off many times over today.
I’m sure you’ve come across these “magic” formulas on the internet where a person offers you software or something like that where you just have to click a button (and pay one $100, $200) and the money falls from the sky. That is still not possible, unfortunately. These people are just trying to take your money and nothing more.
To make money online (I teach people about Affiliate Marketing) you have to invest both money and time and work, without that there is no success.
Affiliate Marketing Terminology
Now I want to explain the most common terms that occur in affiliate marketing:
- Affiliates – people (like me) who promote a product or service for a company and get a percentage of successful sales
- Affiliate Link – this is the link through which website visitors should buy the product you are promoting because without that link you will not make money
- Affiliate Marketplace – this is a place (such as ClickBank) that offers various products or services that you can promote on your site or anywhere
- Landing Page – this is a page on a website that serves to promote a particular product or service (see example here)
Affiliate Marketing FAQ
At this point you should know what affiliate marketing is and how it works and if not, you can ask questions below in the comments and I will be willing to answer you.
Now here are the most common questions people ask me on a daily basis related to affiliate marketing.
1. How much money can you make with affiliate marketing?
The answer is, infinitely. I know it sounds weird but there really is no limit. People around the world make millions a month from affiliate marketing. You can promote as many products as you want.
2. Is it mandatory to have a website (blog) to succeed with affiliate marketing?
It is not obligatory but it is VERY desirable. You can also create a YouTube channel and do affiliate marketing there. My recommendation is that if you want to get started with affiliate marketing, build your website because that website will bring you passive earnings in the long run.
What I noticed is that people hate to build a blog because they want instant results and instant earnings, that’s not possible. You have to be patient and work on your blog every day if you think you can succeed and make serious money.
3. Do I need to have any qualifications to start affiliate marketing?
Absolutely no! But you have to know how to work on a PC and know English. When I started I had no idea how to make a site or what affiliate marketing is but with the => Wealthy Affiliate <= platform I became my own boss.
4. Is it legal to do affiliate marketing?
And why wouldn’t it be? I have been in affiliate marketing for 5 years now. I promote a platform that has allowed me to become financially independent. I never force anyone, my mission is to inform people like you how to make money online with the help of affiliate marketing. It is completely allowed and legal to engage in this business.
5. How much does it cost to register for an affiliate program to promote products?
It costs nothing, you can register on any site that has an affiliate program (such as Amazon, ClickBank, etc.) completely free.
How To Start With Affiliate Marketing?
Affiliate marketing is definitely one of the best ways to make money online with minimal investment. As I have already mentioned, in order to be successful with affiliate marketing it is highly desirable to have your own personal website where you will promote the products you opt for.
People often ask me if it is possible to start affiliate marketing without a blog, you can use various affiliate marketing platforms (social networks for example) but if you plan to make serious money and have an unlimited audience then you need a blog.
After all, you don’t have to be an expert or professional in creating a blog.
Everything you need to create a very successful blog is in one place, you don’t have to search the internet, everything is on the Wealthy Affiliate platform, read more about it on the link below.
If you have any questions or concerns write below in the comments and I will answer you as soon as possible.
Hey, I’m Daniel, a 28-year-old from Serbia who has been successfully doing affiliate marketing for almost 10 years. Through years of trial, error and continuous learning, I have perfected my skills and I am delighted to be able to share my knowledge and advice through this site where you can find absolutely everything you need to start your online business.