Affiliate Marketing & A Solid Residual Income
Starting affiliate marketing business from home is not as hard as many people would think. The biggest problem most people have when looking for affiliate or other online marketing ways is that they either think that multilevel marketing is the only way or they are just too skeptical about anything that goes online.
But by the time you’re done reading my post, you can be assured to have a business up and running, from which you can build a solid residual income just like I do. Shall we?
1.) Let’s First Know What is Affiliate Marketing?
I believe affiliate marketing started in the early 90’s with the internet revolution, As more and more marketing companies emerged from nowhere and became too successful like Amazon and ebay they developed A new brilliant marketing technique called “Affiliate Marketing.
Affiliate marketing in a very short definition and simple English is – “promoting other people’s products and earning a certain commission every time you make a sale”. These commission vary with percentage from one company to another, That’s why it is very important to be picky when selecting a product or company to promote.
You will be promoting these products once your application is accepted by the companies you selected. Then a small unique HTML code is made to you called Affiliate link serves as your unique ID, this link can be embedded in product’s pictures or in a text of your posts. you’ll be placing this link in your website, and every time somebody clicks on it and a sale is generated you make a certain commission.
⇒Question: Where can I learn all this?, I know nothing about it! I want to start somewhere preferably free, I know nothing about Online marketing all together!
2.) What Is Your Niche – What Are You Going To Sell ?
Just like running your regular brick & mortar store, you are going to think about what you would want to sell to the public, and the online term for this is what we call a “niche” I will explain that in a later post.
you are going to need a niche and I recommend you pick something that you actually have a passion for as this is very important ingredient for your success, it would be very east to give up or get burnt out if you promote something you don’t really like but did that for the sake of money.
⇒Question: What the heck is a niche? Where can I learn how to pick one ?
However, unlike regular stores, you are going to be providing information and recommending products that are related to your niche and that is exactly how you will get paid, You remember what we called this marketing method above ” Affiliate marketing”.
But that should be the least of your worries when starting out in your online venture.
Advice: Forget about the money part when starting out! Worrying about that will only throw you off balance and put you that much further from reaching your goals. The money part will come slowly and naturally as your website start to age and people trusting you more and more.
3.) Start Building Your Store (Website)
You’ll hear Some people telling you that you do not need a website to make money online, but Is that so! and who told them so?. This step is the pillar and single most important step of the whole process, and if you don’t believe me I do advice you to take any other steps and to quit right now because you will loose.
⇒Question: Where and how can I build a website? Preferably FREE.
Your website is what’s going to make you money over and over again. Now tell me who doesn’t want that, right?
When you are complete freshman to the making money online venture, it is always best to have your own website for many important reasons, here are some…
- You own it. No one can tell you what to do and how to run things
- As your site ages, it becomes the “go to” for people in regards to your niche.
- It becomes sellable, I know some members here at Wealthy Affiliate who sold their site for over $50,000 in less than 2 years.
- You may never succeed online without one
- It becomes your sense of pride, confidence and accomplishment
- This is absolutely your cash cow
- Easy to build, I can make you one in few minutes
These are just a few of the far more reasons as to why you need your own website and you need not let anything deter you. Creating a website is not as hard as it used to be. It can literally be done a few simple steps. I will come to the building website part later as I populate this website with all this information, and will help you create your first website, sounds good?
Note: Things are getting better and better at Wealthy Affiliate, They just announced a domain name registering and hosting all done at the site, I just bought This very site domain here at Wealthy Affiliate, you no longer need to shop around outside for domain names with all the headaches and annoying upsells that you usually would face.
In a few minutes you can buy the domain and the hosting comes with your membership, and you’ll have your websites on the air in a few simple clicks. You can host up to 24 website with you small monthly membership, imagine if you have to host a 24 websites somewhere else, You do the math.
See All You have to do to buy a domain at wealthy affiliate
See all you have to do to build your website at Wealthy Affiliate below
4.) Creating a Website Is No Longer A Big Deal
Just Like you and many others, I was skeptical about building my own website, until I actually got my hands dirty and actually took the time to BUILD one.
Building a website used to be a huge task until a new website building platform called WordPress came into the scenes almost a decade ago.
Now with this new platform you can build your websites in a few mouse strokes, really amazing. Yes, you can say WordPress made a whole new revolution in website building, thank you WordPress.
There are 2 free websites that you can use, but once again, you don’t have complete control of them. Premium members get limitless free websites.
Can you imagine if what we’re building here is a physical business, you would be paying an arm and a leg just to rent the space. Now think about building a building for your business? Let’s just not go there, because I’m pretty sure you don’t have half a million or more dollars lying around to start the construction.
Is Building a website the problem? Let me just tell you that I am not that much of a computer literate dude, but I was able to create a few successful websites in less than 3 years.
As I mentioned above You can literally have a site up and running in few minutes. Your site will be live and kicking and you can go and show off to your friends how you have your own share of the online world.
Did that ease your mind a little bit in regards to website creation? Well let’s get back to business and get into the money making side of the story.
5.) Now Setting up Your Shop
When you are running a business (offline/online), you’ll need to have different places for your customers to go, so that they can find what they’re looking for.
With an online business, it is pretty amazing indeed. Instead of placing up shelves with different products, you will be creating content for your customers.
This comes by the way of writing articles (minimum 400 words) and giving them a solution to their problem whether that is through a service or a product.
Living in the information age, and with the way online marketing is going so robust & already taking almost half the brick $ mortar stores retail sale, in a few years from now you will be very thankful at the decision you are making today.
6.) Monetizing Your Website
Although I suggested above that you worry about this part the least when starting out, it is going to be a must if you want to make money. After all, It’s what we set out to do in the first place right buddy?
Well, this is actually an easy part and something you will learn more by time as you progress as an online marketer.
In this part of starting an affiliate marketing or other online business, it is nothing more than getting affiliated with some /companies/vendors out there and adding their products to your website.
But I want you to always remember as a website online marketer, Your ultimate goal is to provide your visitors with some very useful information and ultimately sending them through your affiliate links to the actual vendor’s site.
Pretty exciting huh? You will see how this can add up to be some crazy income as your website ages and you create more content. I loved when a fellow WA member once wrote … “A website is like a bottle of wine, the older it gets the more it appreciates”.
I couldn’t agree any more, I saw this at close hand.
Where Do I Find Affiliate Vendors?
Just like Samsung has an app for that, in the affiliate marketing arena, there’s an affiliate program for that.
I don’t care if it’s a cat box or birdhouse, a refurbished laptop or a man grooming tools, there’s an affiliate program for it.
Want to get affiliated with Ebay or Amazon? Well guess what? I’m an Amazon affiliate And the good thing about Amazon is that they have almost every product you can think of, and the bad part is they are a cheap paying vendor.
Every time you recommend a product from these places, you’ll get paid when a sale occur. Nowadays Everyone including our moms, dads, uncles, grandmas, grandpas are all shopping online.
I myself shop on these sites and they contribute to more than 80% of my none food items, so I think it’s about time that you too start cashing in on this multi billion dollar market
This is absolutely the right time for you to have an online business and if you don’t take advantage of it, someone else will.
7.) Get the Word Out
Again, you will be getting the word out through your unique content, but there is a way to go about this and I want to show you how this is done.
Through Organic (Free) Search Engine Traffic
This is by most the best way to get the word out there. Why? What’s better than free!
Free traffic is a great part of this process, but you have to make sure that the articles you create for this organic traffic is very targeted. Did I mention the words very targeted? I hope so.
So if somebody was to do a search “the best bird house for a canary” and your article is in place waiting, then guess what? You will get paid every single time someone makes a purchase from that link you have in place.
Do it Google Style
I’m almost positive you’ve “Searched Google” for one thing or another. Chances are, you have probably made a purchase on the other end and didn’t know that you just made someone out there an affiliate money.
That is the magic of creating content for the search engines and getting it ranked preferably on first pages. It becomes also so exciting to know that something you published is ranked #1 in Google and other search engines.
Although it is a great way to get traffic, it does require a little more work. You will have to deal with SEO (search engine optimization) and know how to get these articles to that first page of Google. I will get to all these parts as I am populating this site.
Leveraging Social Networking
Who doesn’t own a Facebook or other social media account nowadays? There are so many ads out there that you probably have clicked on before and this is just another way to get your content out there.
Look at this Facebook screenshot above, see how cunningly these advertisements are, if you go to your Facebook page you’ll see these adds are sneakily placed on the right side and in most cases, there is an affiliate on the other side trying to suck you in to her/his website.
These are just some of the tools you can use to get your website noticed, There are many other ways to do so that I will get to it later on.
Create Your Own Online Business Today
Now that you know the blueprints of getting your own online business started, Don’t you think it’s time you give it a shot. Like I said, it is a lot easier than you think and the earning potential is extremely surprising.
If you wish to learn more about how to build a successful website and making money online, I highly recommend >>Wealthy Affiliate.
Start where I started and scam free. It is completely free and you’ll be amazed at how much you’ll learn from the owners and the community as a whole.
I hope you’ve found my information to be helpful to you and hopefully you can have your own online business up and running here in no time.
Good luck and let’s get out there and start making some dough!
Let me know if I can be of any further help, just leave me a comment below or use the support page above