Back in 2014, it was established the world of ecommerce generates about $1.2 million in revenue. Nowadays, that number is a couple million dollars larger. Which has a lot of people asking: How can I get a slice of the pie?
In today’s world, the answer is affiliate marketing. Not only are startup costs minimal, there’s dozens of opportunities and markets to tap into.
The best part? You can start the journey at your own pace. Selling products online doesn’t have to be a full-time commitment right off the rip. Even part-time hours can yield profit if you’ve got the groundwork laid out.
1.Create a Website or Blog
It should go without saying, but just in case there’s any confusion- you need to have a page to host your recommended products and services on. A large aspect of marketing is networking with the market you’re trying to dig into. Generally speaking, affiliate marketing websites follow one of two formats:
Review Sites. Review sites and blog are the most popular affiliate marketing blogs. They often feature catalogs of products you’ve tried and offer priceless insight during the process purchase. All you have to do is provide banner ads and links that forward to your partner’s site. This is often the preferred method for new affiliate marketers, as it doesn’t require as many content updates to create profitable results.
Resource and Informational Sites. Resource blogs and websites are a bit more difficult to maintain. Not only do they need frequent updates and attention-grabbing content, you’ll need to work hard to attract the attention of prospects. However, resource sites are especially helpful for marketers who are looking to develop their personal brand.
Luckily for you, it’s never been easier to start a blog or website. From inexpensive options like GoDaddy and HostGator to the Google Blogger Network, you’ve got a lot of options to build your site on a budget.
2.Decide on Your Niche
If you’re serious about marketing products online, it’s important to find products are services that you’re truly passionate about. Trying to selling a product you’d never use is extremely difficult (and a little unethical).
Make sure that you’re actually interested in expanding your knowledge on the market. If you’re having a hard time finding a niche, do a little soul searching. Look around your house. What are you passionate about?
For example: If you’ve been collecting records for the last 20 years, look for affiliate opportunities in the music industry.
Once you’ve decided on a niche, start looking for products and services to market online. Sites like Clickbank, Commission Junction, and E-Junkie are always looking for affiliates. If you’re still not finding any programs that catch your eye, head back to the drawing board.
3. Drive Traffic to Your Website (Or Blog)
Everyone has spent hours creating the perfect blog post only to click publish and see zero results.
If you claim otherwise… You’re lying.
The fact of the matter is, you need a lot of people to visit your website or blog to make sustainable money online. More importantly, you need to make sure that the visitors you’re getting are actually interested in what you have to sell.
Here are the 4 most common ways marketers drive traffic to their website:
Free Advertising. Everyone’s gotta start somewhere right? Create some free ads on US Free Ads or you’re good old buddy, Craigslist. Sure, these aren’t exactly the preferred ways to drive traffic but they are popular sites that accept links and banner ads for free.
Article Marketing. With the rise of content marketing, article marketing has never been a more popular marketing method. When done right, article marketing can increase:
your search engine ranking
the links leading to your site
your credibility in the industry
the visitors coming to your site each month
To get started, use a website like eZinearticles to find opportunities. Once you’ve got your foot in the door, you can begin creating an advanced link building strategy.
Email Marketing. Every year of two, marketers and business owners begin arguing about whether or not an email strategy is important for their marketing place. But there shouldn’t be any argument. With [%] of American adults using mobile devices, email is the perfect way to stay connected. Not only are you in their back pocket (literally), you’re keeping the communication constant between you and your customers. Many people won’t bite on an offer until they’ve seen the product 3 or 4 times, so email is the perfect way to nurture prospects down your sales funnel.
Paid Advertising. Without a doubt, paid advertising is the most effective way to market your program’s products. Not only does it send high qualified traffic to your site, it compels the right people to click-through and buy. Just make sure that your sales pages are attention-grabbing, informative, and house a clean and responsive design before paying for traffic.
Feeling a little intimidated?
Relax. You don’t have to jump into affiliate marketing with your wallet raised in the air. Even a $20-30 start-up investment can yield profit. All you need to do is choose a niche you’re passionate about and start learning. Read the articles, download the guides, and start getting involved in your industry. The more you immerse yourself in your niche- the easier it’s going to be make money in it.