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Ultimate guide on how to start affiliate marketing

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Do you want to make money from affiliate marketing?

Promoting affiliate products is one of the most effective ways to make money from your blog. But a lot of bloggers are still too afraid to give it a go.

If you choose a trusted affiliate program that you know and love and then promote it properly, you’ll find that you can create a long-term (pretty) stable source of income.

Today, I want to show you a few solid ways to make a bit more using affiliates.

Hope it helps!

What Is Affiliate Marketing

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Affiliate marketing is a blog monetization method where product companies incentivize bloggers and publishers to refer their product by offering them a commission for every sale they refer. With affiliate marketing, you choose a product you like, promote it online with a referral link, and earn commissions when someone purchases it through your referrals.

The easiest way to find a product you want to promote is by joining an affiliate program like ShareASale, Amazon Associates or Commission Junction and browsing through their site.

After selecting a product, you can get an affiliate / referral link and promote the product through that link on your blog.

Is Affiliate Marketing Worth It?

Why get started with affiliate marketing? Here are a few advantages over other ways of making money with your blog.

Advantage #1: Monetize Your Blog From Day 1

To start monetizing your new blog, you don’t have to wait for a few months until you grow a massive following. Even if you monetize your blog from day 1, it doesn’t look amateurish because affiliate links are seamlessly and naturally integrated with your content.

Advantage #2: Earn Money Even Without a Massive Following

Unlike other modes of monetization like advertising, you don’t have to grow a massive traffic base in order to start making a solid income. All you have to do is to ensure your website is attracting the RIGHT traffic that actually wants to read your product recommendations.

For tips about driving the right traffic to your blog, check out our guide on blog SEO.

Advantage #3: Generate Passive Income

With affiliate marketing, you can write a single blog post recommending an affiliate product and have that post generate money for you again and again.

That’s called passive income. Passive income is any income that requires no effort to earn and maintain. You already write blog posts anyway, and likely recommend products that you like, so why not make passive income from doing so?

Advantage #4: Make MORE Money

With affiliate marketing, you earn money based on the number of successful referrals you generated. For example, if you could successfully refer a premium product, like WPForms, you can earn up to $59.90 per referral.

Let’s say your affiliate conversion rate is 2%. That means for every 100 referrals you sent to the affiliate website, 2 people are actually purchasing the product. That also means regardless of the size and reputation of your website, you can make $100 from those 2 referrals provided that the affiliate commission is $50 per sale.

Now let’s take a look at how much you can earn with advertising.

The average CPC (cost per click) of AdSense, the largest advertising network in the world, ranges from $0.15. The average CPC that you can earn from AdSense depends on a lot of different factors, including the size and reputation of your website.

For example, if your average CPC is $0.25, then you can earn $25 for 100 ad clicks; whereas, with affiliate marketing from our above example, you can potentially earn $100. Without a doubt, affiliate marketing is a better way to make MORE money.

How to Start Affiliate Marketing (Step by Step)

There’s a huge potential for you to make a big income with affiliate marketing if and only if you follow the right strategy. Here are the exact steps that experts follow when they do affiliate marketing.

Step 1: Start a Blog for Affiliate Marketing

Of course, to start affiliate marketing, you’ll need to have a blog or a website. Majority of the companies that run an affiliate program only approve you as an affiliate if you have a blog or a website. That’s because having a blog establishes authority on your niche and it gives some assurance that you’re not a spammer.

While there are a lot of blogging platforms out there, we always recommend WordPress for starting a blog because not only is it free, but it also gives you full control over your content.

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To start a blog, aside from choosing a platform like WordPress, you’ll need to own a domain name and web hosting.

A domain name is your blog’s address (URL) on the internet, like Microsoft.com or Google.com, and web hosting is where your blog’s content and files are stored online.

When a visitor tries to access your blog by typing in your web address (domain name), they’ll be directed to the blog you’ve set up in your web hosting server.

 

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