Today I will tell you how to earn money for online from affiliate marketing
What is affiliate marketing?
Affiliate marketing is where you get commission for selling someone else’s products online.
Why would you do this?
I love affiliate marketing because I don’t have to create a product myself which would take lots of time and effort.
Someone else built a business and I can earn money if I help them get new customers.
I also don’t have to build the brand, I don’t have to handle shipping, deal with customer service, invest money or anything. I only need to get traffic and sales to the website in order to earn.
How does it work?
Let’s use Amazon as an easy example. Amazon has an affiliate program. When you sign up, you can get links to any product on Amazon. If you share your link online and someone makes a purchase through YOUR link you earn 3%-8% commission.
Many companies have affiliate programs that work like this. The commissions can range from 3% to 60% or be fixed dollar amounts as well. It depends on the product or service.
You can also make commissions without selling anything.
For example, some companies pay money for every app download you get them, every sign up on their website and so on. If you can get traffic this can be extremely easy way to earn.
How do you make money?
Affiliate marketing can be done many ways.
Ultimately, you need to learn a way to generate traffic to the products you’re promoting.
That can be done with SEO on a website, growing an instagram account, learning facebook ads, building an email list and many more.
Affiliate marketing can also be done full time on it’s own or combined with other business ideas. For example, I sometimes do affiliate marketing on my instagram account but it’s not my main business.
Pros of affiliate marketing
- Don’t need to create your own product or business
- Can start with $0 or little investment
- Can make money from brands and products people already trust (like Amazon)
Cons of affiliate marketing
- It’s more profitable to create your own product. You only get a commission with affiliate marketing
- It can be hard to get clicks and build trust online
- Must be good at marketing, getting traffic and getting people to listen to you
How can you start?
If you want to try affiliate marketing with a blog I highly recommend Michelle Groeder’s course. She makes $100,000mo with her blog. I took her course and it’s paid for itself many times over.
You can also search on YouTube or find courses on Udemy to learn about affiliate marketing. There are many different ways to do affiliate marketing so find a method that is interesting to you.Therefore, you must know how to earn money for online from affiliate marketing.