How to make Money in Affiliate Marketing

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How to make money.


You have been looking for ways to make money online and you have come across affiliate marketing. There is so much information out there and you do not know where to start. 

The internet is full of people, who try to sell you the information on how to make money with affiliate marketing but you only get the information and then you still need to figure everything else out by yourself.

So I am going to do it a bit different. 

  1. I will explain what affiliate marketing is
  2. I will explain the process of how to make money in affiliate marketing
  3. I will show you what tools you need
  4. I will show how you can start today with little money

Cool? Let's follow along.

What is Affiliate Marketing?


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Affiliate marketing has been around as long as we have been on this earth. It is what I call word of mouth. Just imagine you have bought something from a speciality shop, say you bought a painting. 

One of your friends is coming around to your house and sees the painting and really likes it, he asks you where did you get it. You tell him about this little speciality shop that you found in one of the back streets in town.

So your friend goes to the speciality shop on Saturday and guess what happens, he buys a painting. That is what I call word of mouth but it is also the principle of affiliate marketing.

Let's have a closer look, there are 3 parties, a seller, a customer and an affiliate marketer. So it is the job of the affiliate marketer to connect a customer with the seller. So when the sales happens the affiliate marketer will earn a commission.

A really simple concept but many people do not understand what they need to do. Say you made a deal with the speciality shop and said to them I will bring you customers and you give me a commission if they buy.

So you go out on the street and start directing every man and his dog to this speciality shop. And this is what people do online with affiliate marketing. Just think back to the example of your friend coming to your house and seeing the picture.

What is the real difference here? Your friend has got a trust relationship with you, you didn't sell him the painting he asked where did you buy it and you just told him. So the key with affiliate marketing is building the trust relationship first and then offer a product that they are interested in.

The process of how to make money in affiliate marketing


how am works

The customer is looking for something online, through a search engine. You managed to get him to click on your website because you had the right keywords, content and SEO to position your website at the top of the pile. Or you had deep enough pockets to buy an add to get you on top of the list.

So now that the customer has walked through your door, what do you think makes him stay and check out your site out or what makes him leave?

If I look at some websites, they are basically a copy of a store, they are advertising the products, usually, these sites get customers in through advertising.

People with websites like this complain that affiliate marketing is too hard or that advertising is too expensive. They don't understand the concept.

If you just copy the shop model and do the same as the seller that you are an affiliate for, you will have the same problem that he is dealing with. Cold customers!

We talked about thrust before, your website needs to display signs of trust. It has to give value to your customers, good valuable information.

This can be a review of a product that you have used. It can be the benefits that you had from a product and that you share via your website. It can also be a comment that a customer left on your website.

If you position yourself as the pushy salesman, you will push your customers out of the door. You get trust when customers leave comments on your site and you reply to them.

4 steps

Customers decide when they will buy and from whom? If you understand this process well you can make a lot of money in affiliate marketing. 

If you don't understand this process you will lose money hand over fist.

What tools do we need in affiliate marketing?


Tools

The first tool that we already discussed above is a website. The website is the foundation of your affiliate marketing business. No website, no foundation and also no idea of the concept of affiliate marketing!

So lets put the tools that we need in a list.

  1. Training and Practise 
  2. Website
  3. SEO (search engine optimisation)
  4. Keyword search engine
  5. Affiliate Product search engine
  6. Help and Support

For Affiliate Marketing you need to develop several skills. Skills are not the same as knowledge. You might have the knowledge on how to build a house, but if you never build one you definitely do not have the skills.

Like in any business you need to require the skills first before you can become a master. The difference between having the skill and being a master is the number of times you used the skill.

for all the six tools you require skill, even for help and support. You still need to be able to explain what you need help with, this is also a skill. Or how you go about asking for help, especially if help is provided by others that don't get paid.

How can you get all these skills with little money?


Skills

Now that you have established that you need to learn new knowledge and put the knowledge into practice to create new skills, you might wonder how this is all done. It sure sounds like a lot of work!

The good thing is that you can get all these tools in one place, where you will learn step by step the skills that you need to set up your affiliate marketing business. This is not something you can achieve in overnight, learning, practising and mastering your skills takes time. 

Some of you might already have some skills that you can use and your process will evolve faster others might not and it will take longer. The aim here is not to compete with others, just compete with yourself. Make each day is a bit better than the day before.

So by this stage, you might be wondering what all this is going to cost you because with any business there are always costs involved. And of course you are right, nothing is really for free.

How does this sound, you can learn all the skills, you can create 25 websites, you get the best tool to search for keywords, the best tool to find affiliate products, the best platform to host your websites on, a great community to help you questions and struggles you might have and many many more things. And all of this for $1.65/day.

Hold on this isn't it yet, you can test drive the platform for free, you get 2 free websites, you get to use the facilities on the platform for 7 days, no credit card needed. If you like it and sign up to premium, I can offer you the first month for $19, that is $0.63/day for the first 30 days. After that, the price goes up to $49/month or $1.65/day.

Hold on that is still not it, also when you sign up for the free account I will personally help you get started and help you along the way. How does that sound!

Conclusion


Affiliate Marketing is one of the biggest growing area's online. Many people are successful in affiliate marketing and many are not. It's all about getting the right skills and understanding the concept of how affiliate marketing really works.

Trying to do it all by yourself isn't impossible and can be done but can be frustrating and costly.

When you are interested but don't know about Affiliate Marketing yet, you can click the button below and read my posts on "How does it works?"
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When you want to read up on what it takes to get started in Affiliate Marketing you can click the button below and read my posts on "How do you start online?".
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When you want to read my review on Wealthy Affiliate you can click the button below.
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eric

Eric Beins

I am an online entrepreneur, affiliate marketer, a husband and father.
I work from home and anywhere I travel to in the world. 

I started my online business because the world is changing fast and my offline opportunities (Jobs) are disappearing. 

You can do this too and I am here to make your journey easier than mine.
I am here to help you through the muddy waters of the internet.

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14 comments on “How to make Money in Affiliate Marketing”

  1. Hey Eric

    That's a really nice post on affiliate marketing. I really loved the fact that you have everything listed properly and there is an adequate description of each step. I was looking for some ways to make money online when I came upon your website and I can honestly say that know I have a better understanding of this concept. Thank you so much.

  2. Thank you for sharing this article on how to make money in affiliate marketing, I am certainly on a low budget so any tips ideas or advice is most definitely welcome, I have been trying to build an online affiliate marketing business with limited success, I've been told to be patient, keep putting the work, time and effort into it, However, I am pleased to have stumbled across this post because it is clear and concise and it has given me some different avenues to research, thank you for sharing.    

  3. Great post! Affiliate marketing is very awesome, if one have the necessary tools and also pass through the right training. I remembered how long i toiled before I could make a dime few years ago. Thanks to the friend that introduced me to Wealthy Affiliate, since I joined the platform, everything changed for the best. They have every resources for any potential affiliate marketers to start from the scratch.

    Regards!

  4. Yes, we want to make money in affiliate marketing. In addition to learning the process of affiliate marketing to make money, it is very important to have great tools. In fact, you have mentioned those tools in your posts, such as Training and Practise. , Website, SEO, etc., but I think it would be better to add social tools. What do you think?

    1. JealousLi you are right, that is al covert in the training that you receive in the Wealthy Affiliate platform. Social tools are part of the marketing strategy, before you can start with that you need to get the other parts in place first.

      Thank you for your comment.

  5. Nice, simple but informative article about affiliate marketing. I really liked how you told affiliate marketing has been as long as we have been on the earth and its called as mouth. I haven't been thinking this way but actually your statement is totally TRUE. Its also to get honest and real information from real people like you, the internet is already full of all sort of scammers and suspicious stuff with actors telling how some program or an expensive item is "THE BEST". After a couple of minutes of searching, you spot the same faces on +1000 other sites telling how their product and/or site is "the best" as well. However, thanks for an informative article, I will take a further look at your website

  6. Hello eric, I like this your post on affiliate marketing. It's really good to see that someone knows the in and out of the business. I am really contemplating going into it because I see people who are making some good money off it. I feel if I can do this too then i too will be successful. Thank you for giving some very crucial information. Understand now that there are certain tools needed for success. Again, thank you!

  7. True, affiliate marketing is one of the top ways for one to make money from but we need to understand that making money online comes with a price itself because like you say, nothing is free, seeing that there's a platform that can offer all this tools together in one place is awesome.. and all that for a very small price. I believe that anyone should jump on this. It's a lifetime of an opportunity because I know that many other platforms will take so much money from anyone looking to join. Good post here!

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