If you’ve dreamed of being able to have passive income then affiliate marketing could be for you. The affiliate marketing startup path is basically a simple way of creating passive income. You’ll promote other people products and earn commissions when people buy those products from your marketing efforts.
Sounds easy, right?
Well, is not that easy because there’s a bit more to it. It will take commitment, some upfront work on your part and a good business plan. In this article, I’ll give you a crash course and help you get started in the right direction.
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There are 4 essential steps to take in order to have a successful startup and reach your dream of making a living with passive income. For more details you can download my Free ebook “Freedom Starter”. Sign up to receive via email. → → →
Do Your Research
The first step to build passive income as an affiliate marketer is deciding on your niche market. This step is critical to your success, so don’t ignore it.
When you are starting out, don’t go looking for a “secret niche” that no one else is selling to. Instead, start with what you’re good at or what’s interesting to you.
Find products in that are you’re interested in and see if those products are selling. Here are three things you can do to help you find your niche market.
- Look at popular affiliate networks like JVZoo, ClickBank, or Commission Junction.
- Head to YouTube and look for keywords that may be used for the niche you are contemplating.
- Use Google and Google Keyword Tool to do the same keyword search.
Keep in mind, if you can’t find any other affiliates in that niche, then the chances are high that you are probably focusing on the wrong niche market.
Don’t Become Everything To Everybody
After you decide on the niche that you want to promote as an affiliate marketer, you need to determine the kind of affiliate marketer you want to be.
I’ve learned in my experiences that you is a bad idea to be everything to everybody. Not only it will drain you emotionally but your market will become confused about what you do.
There are three kinds of affiliate marketer you’ll want to become. But as a beginner in affiliate marketing, it is crucial that you only pick one of these.
After you’ve been doing it for a while, you can choose to branch out into the other kinds if you wish.
As a reviewer, you would purchase products to review. After thoroughly testing the product, you would post the review on your blog, YouTube channel or social media.
It is important that you form your own opinions about the product and provide honest, ethical reviews in the form of a video or written content.
To do this efficiently, you have to go through the product and get a feel for the pros and cons and provide authentic feedback as one user to another.
By doing this, you can better engage with potential visitors, giving good recommendations for the products you are reviewing.
As a product review, you should own or have access to the following tools:
- A good computer with decent speed.
- An external good microphone and webcam.
- PowerPoint, or an equivalent product.
- Your own domain name for your website.
- Social media automation tools like Hootsuite.
- A budget to buy new products.
- A way to track the movements of your visitors.
- A way to track each click.
One of the most successful ways to start your affiliate marketing business is with an email list. The idea behind this affiliate marketing method is to grow an email list by providing a small offer to get people to join your list.
Once you’ve added them to your list of contacts, you can start using the autoresponder feature to promote products that you feel will help your contacts.
As an emailer, you should own or have access to the following tools:
- An email marketing platform.
- A document you’ve written or video you’ve created to offer your niche market.
- A landing page for your visitors.
- A good looking 3D ebook cover to attract interest.
- A link tracking tool like Google Tag Manager.
The Social Media Personality
As social media grows in popularity, social media fan pages have exploded, giving fans a great mix of promotions and value.
If you decide to use social media to promote products for your affiliate marketing business, it is important to ensure that it remains classy, and not a place to post spam.
To be a successful social media personality, you need to create solid images and content while promoting your affiliate products.
As a social media personality, you should own or have access to the following tools:
- A way to create social media images.
- A posting tool so you can automate the posts like hootsuite.
- A way to track each link like Google Tag Manager.
The Best Affiliate Network Platform
The best affiliate network it all depends on the niche market that you’ve selected and will require you to conduct some more research. Here are just some of the affiliate networks that you can use.
- Clickbank carries an excellent variety of digital and physical products.
- JVZoo is mostly digital products.
- Commission Junction Affiliate by Conversant has a wide selection of products to choose from.
- Amazon is one of the biggest affiliate networks.
When you are first starting out, you should sign up for just one network based on the research that you conducted.
Once you become more familiar with how the network works, you can begin to use multiple interfaces or even use a private program.
Start Generating Traffic
For new affiliated marketers, finding traffic can be a troublesome prospect, and many new affiliates get stuck on this step. However, traffic can be found in a lot of ways. Here are a few forms of traffic that are easy to start with as a new marketer.
Social Media or Forum Traffic
Using social media and forums is a great, free way to generate traffic. You can visit popular forums that are focused on your niche and offer free advice to the participants. In your signature, have a link back to your website, landing page, social media or YouTube channel.
It is essential that you offer accurate, practical advice on the topic. This can also be done with your social media pages by placing your links on your personal or fan page and offering information to different groups.
The quickest way to derail your efforts is by moving from group to group to simply post your links or contacting each person in the group via a private message with your link. This is called spamming and will not help you with your affiliate marketing.
Search Engine Optimization
This is another free way to gain traffic for your affiliate marketing business. This is one of the oldest forms of getting traffic and is based on keywords and search rankings. With search engine optimized content, you can leverage the power of search engines to get free traffic.
This approach takes a lot of work and can be tedious and time-consuming, but when done correctly it can result in a ton of visitors to your site, without spending a dime.
Paid Facebook and Google Ads
The fastest way to ramp up your traffic is through paid Google and Facebook ads. However, this option will cost you considerably more and has a higher learning curve than the other methods.
The intricacies of this process are too expansive to cover in this article, but you can find numerous resources online to help you out if you want to follow this path.
You Have What It Takes To Succeed
It can feel overwhelming to complete all the necessary work for your affiliate marketing startup, but the time you put into building your reputation will be well worth it when you have your first sale.
Making your first affiliate commission is going to require you to put in some hard work, but by breaking it down into easy to follow steps, it won’t feel as overwhelming.
When it comes to affiliate marketing, there are tried-and-true strategies that will have you reaping the rewards of your hard work after making your first commission.
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