How to start affiliate marketing for beginners? First, let’s define what affiliate marketing is.
Affiliate marketing is a type of marketing where you promote other company’s products or services and receive a fixed commission in return. It works by directing people to your website where they can purchase another company’s products or services that you recommend or sell directly on your site.
An affiliate marketing network records every click and sale a person makes. For every sale that you generate to the other company, you can gain a set commission. For instance, if you are earning a 20% commission for every $200 sale, you get 40 dollars.
Making Money Online: Affiliate Marketing
The best way to make money through affiliate marketing for beginners is by determining suitable products or services with a high commission, designing a website that focuses on a particular niche market, and providing SEO optimized content.
First, look for products or services to offer that will give you a high commission percentage. Then, spot a market that has a distinctly established demand and substantial audience. Next, determine affiliate opportunities that are appropriate to that market. Make sure to set up a website that will deliver quality content through Search Engine Optimization that is essential for driving traffic and affiliate sales.
Keep in mind that the most successful affiliate marketers create influential content to develop their audience’s trust. And then, affiliate revenue will follow.
Ensure your audience feels secure when they do business with you and make your brand more personal. It benefits when you are a user of the products or services that you are offering, and then recommend it personally to your audience. Don’t just focus on sales too quickly, but rather, converge on value.
Top Affiliate Marketing Companies
Affiliate marketing companies can be categorized in several ways depending on the kind of program, products, and services they offer. We have Web Hosting, E-commerce, Online Marketing Tools, Educational, Dating, Travel, Fashion, Gaming, and a lot more. The top affiliate marketing networks in 2020 are the following:
1. Affiliaxe – is a high-caliber, cross-platform CPA Marketing Network established by proficient online marketers. With their extensive list of top converting best affiliate programs, it’s no doubt that they hold a thorough understanding of advertisers’ and publishers’ needs. Thus, translating it into money.
2. ShareASale – is an affiliate marketing network based in Chicago, IL, USA. It has been in business for 20 years, aiming to deliver the best product in the market. Advanced Affiliate Marketing platform is what they serve their customers.
3. FlexOffers – is an award-winning, expanded affiliate network that offers comprehensive features and services to publishers and advertisers. It uses various options for marketing, payment processing, and delivery of information.
4. Rakuten Affiliate Network – is an affiliate marketing company that claimed it was the most extensive pay-for-performance among its competitors online. Their objective is to make the Internet a place that brings connection, significance, and fun to publishers, advertisers, and consumers.
5. Clickbank – with its affiliate marketplace, Clickbank claims that they are the leader in global retailers. They offer unlimited sales growth and efficient performance to new in affiliate marketing or an established online business aiming for expansion.
Other affiliate marketing companies are ReviMedia, CJ Affiliate, 2checkout, MaxBounty, MoreNiche, Market Health, Pepperjam, and Avantlink.
If you are a rookie in the affiliate marketing businesses, one trick to quickly penetrate in this industry is to locate those programs that have already established their names. You may want to consider this best affiliate marketing programs for beginners :
1. Amazon.com Associates
2. Coursera
3. Clickbank
4. CJ Affiliate
Highest commission/income
One of the key ingredients to successful affiliate marketing is to find products and services that offer a high commission rate. Some of the best high paying affiliate programs where you can earn extra income include:
HubSpot
The HubSpot starter plan is $250, but you can earn up to $1,000 for each product purchased. They also have a referral system where you can earn for as much as $3,000.
AWeber
AWeber has an in-house program that offers a lifetime commission of 30%. Their plans typically range from around $20 to $150/month, so the payout can add up.
ConvertKit
ConvertKit allows a lifelong 30% commission for every paying customer referral or webinar subscriber. They have plans extending from $29 up to over $2,000 per month.
Leadpages
For Leadpages, each paying customer referred takes in a 30% lifetime commission. Membership rates vary from $25 to $200 monthly.
GetResponse
With GetResponse‘s self-hosted program, it brings a 33% recurring commission. Their plans range between $15 to $1,200/month.
Examples of Successful People in Affiliate Marketing
The best way to start affiliate marketing for beginners is to look for role models. There are a few names that stand out in the affiliate marketing businesses. While these people are certainly earning millions of dollars annually, their common denominator is that they have spent years of learning and invested time and money to be where they are right now. So if you want to be victorious in this field, you might want to study the paths they have taken and follow. Here are our top 5 picks for the most successful affiliate marketers:
Pat Flynn
With more than ten years of experience in this business, it’s no doubt that Pat Flynn is one of the most popular and in-demand advisors, speakers, and writers of this generation. He is the proprietor of a blog and podcast called Smart Passive Income. His business has made more than $3 million in sales, which puts his net worth to about $1.5 to $2 million.
John Chow
John Chow is known as the Millionaire Blogger from MOBE. He ascended over the blogging business when he revealed the income potential of blogging. From making nothing to more than $40,000 per month in just two years, this online entrepreneur expert only proves that yes, you can get rich in this profession. In 2018, John’s monthly income reached over $250,000.
Missy Ward
Missy Ward is the Affiliate Summit Corporation founder, which claims that they run the most extensive performance marketing events in the world. Her famous book, “Make Money With Your WordPress Blog,” has been an enormous help for various bloggers on how to integrate affiliate marketing into their blogs and make money out of it. Her estimated earnings are approximately $500,000 yearly.
Jeremy Schoemaker
Jeremy Schoemaker is a well-known web entrepreneur. He’s the originator of a few online platforms such as ShoeMoney Media, NextPimp.com, and PAR Program, and co-founder of the AuctionAds service. He became famous after receiving a check amounting to $130,000 by using Google Adsense on his blog for ads on his site. His estimated revenue in a year is $2,000,000 to $4,000,000.
Finch Sells
Finch Sells, or Martin Osborn, to his parents, is a successful affiliate marketer who runs his blog through his company called Finch Media Ltd. Finch’s estimated income ranges from $15,000 to $25,000.
