SIDE HUSTLE TIP 4. Become an Affiliate Marketer...

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 4. Become an Affiliate Marketer



Being an affiliate marketer can be very profitable for you if you do it right. It is a very popular side hustle as you can start for free. 

There are thousands of affiliate offers available in just about every niche. It is easy for you to get started with affiliate marketing. People are earning thousands of dollars a month in passive income from this and there is no reason why you cannot do it as well.

What is affiliate marketing? It is the promotion of someone else’s products and services in exchange for a commission. You do not need your own product and you will not be responsible for customer service issues either. All you need to do is to drive traffic to the affiliate offers and each time a sale is made you make a commission.

Decide on the Affiliate Offers to Promote

The best way for you to promote affiliate offers is through content marketing. This means that you will have a website or blog, a YouTube video channel, a social media channel such as a Facebook Page and so on.

If you like the idea of content marketing then we recommend that you choose a niche that is in demand and where products are already selling. The three most popular niches are health and fitness e.g. weight loss, wealth creation e.g. make money online, and self-help e.g. relationship advice.

 Once you have chosen your niche you need to find related affiliate offers. There are thousands of affiliate offers for the top 3 niches, but you need to understand that these niches are all highly competitive.

 You need to decide if you are going to promote physical products, digital products or both. A physical product is something that you can touch such as TV or a pair of shoes. It is easier to make sales with physical products as people know what to expect.

The problem with physical products is that the commissions tend to be low. A digital product could be an e-book or video training. The customer does not receive anything in the mail when they order a digital product.

They will either need to download the product or access a special website where the training videos are located for example. Commissions with digital products are usually much higher. It is not uncommon to make a 50% commission or more on a digital product.

Never promote low quality affiliate offers. If you can purchase the product or obtain it from the vendor then go through it and make sure that it provides good value. People will quickly lose faith in you if you promote poor quality affiliate offers.

Affiliate Networks

The best way to find affiliate offers is to join an affiliate network. There are many affiliate networks available that you can join for free. Some of these specialize in digital products while others only deal with physical products. Some have both.

You should never have to pay to join an affiliate network. If you are asked to pay then we recommend you look elsewhere. When you join an affiliate network you can search through the offers that they have and find those that are best suited to your chosen niche.

 Here are some examples of well-known and respected affiliate networks: Physical Products: Amazon Associates Commission Junction Digital Products Clickbank Digistore 24 Please note that you may require approval from some vendors to promote some products.

 Always check the commission levels to see if it is worth your while promoting the offer. Affiliate networks often provide other useful information such as earnings per click, gravity, conversion levels, and more.

Using Paid Traffic for Affiliate Offers

The fastest way to make affiliate commissions is to use paid traffic. It can take a while for content marketing to work, but with paid traffic you can start to get results in minutes. Pay per click (PPC) ads are offered by Google and Microsoft and it is sometimes called search marketing.

Your ads will appear for specific keywords that users type in. Social media ads and native ads are other alternatives. Facebook and Instagram offer ads as do Pinterest and other major social networks. Native ads are offered by companies like Taboola and they appear on high traffic websites like CNN.com. 

   

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