Did you know that learning how to become an expert in affiliate marketing is the first step to make money without even selling anything? And yes, it’s legal!
When trying to earn extra income on the side, people would often try to take things seriously and eventually end up leaving their main jobs.
Probably one of the reasons why these situations happen is that side hustles are actually an opportunity that may help in reaching your financial goals faster.
The world of affiliate marketers has gotten popular nowadays that some people leave their jobs to do it full-time.
Although that’s not always the case, it’s still better to do it as a freelancer especially if you’re a beginner.
Affiliate marketing is great since you can make passive income after writing something about it like a review of your good experience with the product.
So if you want to learn how to become an affiliate marketing expert and start earning extra income on autopilot, keep on reading to know more about this wonderful opportunity.
What is affiliate marketing?
Affiliate marketing is a process where an affiliate marketer earns commissions by promoting a company’s products or offers from the marketplace inside the affiliate network.
Usually, there are three people involved in the process: the affiliate marketer/publisher, merchant/advertiser, and the consumer.
The affiliate marketer is the one who promotes the product of the merchant on their platform, like on social media, websites, vlogs, etc. to attract potential customers/consumers.
By the way, you don’t always need to buy the product that you want to promote unless you want to make a review based on your experience.
Common terms used in affiliate marketing
There are lots of terms involved in affiliate marketing but to give you a quick overview, here are the most common terms that you need to know:
- Affiliate link – a special generated link that’s provided to the affiliate marketer, that tracks the activity of the user who clicks on it.
- Affiliate network – this is where people can join to become an affiliate marketer for various companies instead of applying one by one directly.
- Conversion Rates – a very important metric that determines the number of conversions generated by the affiliate link.
- Commissions – the amount of money that the advertising company pays to the publisher.
- Commission Rates – the percentage of the number of conversions per number of clicks in an affiliate link.
- Cookies – a special software used in websites to track user activity when visiting certain pages.
- Cookie Period – the period which a cookie is inside the user’s browser
If you want an in-depth explanation of these terms, join our Affiliate Marketing Course today to learn how to become an affiliate marketing expert.
How does it work?
Sure, affiliate marketing can help you earn money, but how does it work, and do you get paid?
Whenever an affiliate link is clicked by a user/consumer from an affiliate marketer’s platform, the user will then be redirected to the merchant page.
If they bought it right away, the affiliate marketer earns a commission as a payout for promoting the product through the link.
However, if they didn’t buy anything from the merchant during that time but bought it the next day or week instead, the affiliate marketer will still earn a commission as long as it’s within the cookie period.
Affiliate marketers can receive payments in different ways depending on the affiliate marketing structure by the company or marketplace.
- Pay per sale – a very common commission structure based on the sale amount
- Pay per click – a commission structure that’s completely based on the number of clicks in an affiliate link
- Cost per lead – a commission structure that compensates the marketer for every user converted as a lead.
How to generate affiliate links?
Most affiliate links are from an affiliate marketplace where it’s generated.
These may be in an affiliate dashboard that’s presented in a list with its corresponding descriptions for easy navigation.
How much money can you make as an affiliate marketer?
Depending on which platform you choose, most affiliate programs offer different commission rates on a one-time basis.
Meanwhile, other platforms have special affiliate programs that offer recurring commissions each time a consumer pays.
This is common among companies that offer subscriptions services.
How to become an affiliate marketing expert?
Becoming an affiliate marketing expert is no joke and it might even take a while before you hit your goals as an affiliate marketer.
But before we talk about the steps that an affiliate marketer should take, do you even know your goals in affiliate marketing?
Is it to build an audience?
Is it to give reviews based on your experience?
Do you want to become a full-time content creator while making money on the side?
No matter what the reason is, the common goal of an affiliate marketer is to generate passive income and eventually become an expert in marketing.
Once you’re ready to become committed to this amazing opportunity, always remember that you need to love what you’re doing as an affiliate.
The reason why this is important is that most affiliate marketers quit after realizing it’s not helping them earn a good amount of money since it can be a slow process.
That is if you don’t have a wide audience to market someone else’s product.
In fact, the person behind this blog, Justin Coleman, started from scratch and spent years learning which strategies work and which don’t.
But guess what? He was able to earn his first $20,000 in affiliate marketing while working a full-time job.
His secret? Patience and always trying out new things to learn more.
Indeed, affiliate marketing isn’t easy but since he understands the potential of this industry, his commitment motivated him to help other people as well.
He came up with an affiliate marketing course that teaches individuals who are interested to learn how to become an affiliate marketing expert.
So if you want to know the strategies that he spent years to master, join the course and get affiliate links to do the job for you.
What’s inside the affiliate marketing course?
The affiliate marketing course features all the knowledge and tips that you’ll ever need to become an affiliate marketing expert.
It teaches you the concepts, not just the basics but also advanced, tips on finding a good affiliate program, goal setting, building an affiliate funnel, driving traffic, tracking and optimization, and more.
In this course, Justin shares his extensive knowledge in this industry, so you don’t have to spend time doing your own research as he did, which took him years to master.
Plus, since affiliate marketing is an ongoing process, the course is updated on a regular basis so you don’t miss out on the latest strategies in affiliate marketing.
Should you give affiliate marketing a try?
Affiliate marketing is something that eventually becomes an income-generating hobby that you probably never thought of before.
This particular hobby can be writing essays or blogs, creating video content, taking pictures, or basically anything that you like.
Here are the reasons why you need to give it a try:
Earn passive income
Since you’re earning commissions for promoting someone else’s products or services, it’s a side hustle that lets you earn extra money in autopilot.
As long as you’re maintaining an online presence, then this wouldn’t be a difficult job to do.
Work from home (or anywhere)
Affiliate marketers don’t need to go to an office to promote a brand since you only need the internet and a mobile device.
Compared to running an online business, you don’t need to keep spending a huge amount of money to buy and sell products as an affiliate marketer.
Affiliate marketing is cheaper especially when you’re only planning to run a website.
So if you’re still new to this concept, don’t go overboard with your equipment, location, products to review, etc.
Becoming an affiliate marketer is also more convenient since it’s a flexible side hustle that you can do whenever you’re free.
Nonetheless, it’s also important to maintain an online presence, or else you’ll hit rock bottom due to poor performance.
It doesn’t require customer support
As mentioned earlier, it’s not like a business where you buy and sell products to consumers.
This means that you don’t need to handle customer feedback since you can easily tell them to contact the company directly.
Can I do affiliate marketing without a website?
Affiliate marketing doesn’t require a website, as long as you have an online presence on major platforms such as Facebook, Twitter, YouTube, Instagram, and other social networking sites.
The goal of affiliate programs is to get their brand out there through their publishers.
If they don’t have an online presence, then it will only put all their marketing efforts to waste since no one will click on an affiliate link