What is affiliate marketing and how to start

What is affiliate marketing and how to start

What Is Affiliate Marketing and How to Start

Many have never heard the term “affiliate marketing”, and few know of the earning potential that exists with affiliate marketing. In this post I will set out to explain what is affiliate marketing and how to start.

The dictionary defines affiliate marketing as “a marketing arrangement by which an online retailer pays a commission to an external website for traffic or sales generated from its referrals.” In other words, to engage in affiliate marketing you would

  • build a website
  • blog about an interest (niche)
  • promote a retailer/product to the traffic that comes to your website
  • if someone who visits your website clicks on a product/retailer that you promoted, that retailer will pay you a commission

More and more large retailers are using the internet as a means to sell their products, and most of these retailers have an affiliate program to increase their chances of selling online. It is just good business, they are able to promote through your website, reaching more potential customers which in turn increases their sales. One such example is Amazon, they offer affiliate programs to bloggers who in turn promote their products.

Who Can Become Affiliate Marketers

Really anyone can become an affiliate marketer, and begin to earn commissions by promoting retailer’s products. With very little experience, anyone can learn to build a website, and blog about an interest or passion they have. That interest maybe a hobby or a skill that you can share with others through your website. By providing helpful or interesting information about a hobby or interest to readers, you are attracting traffic to your website. This traffic will read reviews about products and services on your website, and if they choose to purchase you will earn a commission.

How to begin

Choose A Niche

First pick an interest, this is called a niche, it can be a hobby or a subject that you are passionate about. If you have a special expertise in an area that you want to share with people, it will be easier to write a blog about since you already possess some knowledge. If you are passionate about your subject you will have a natural desire to write and share with your viewers through a blog.

Build A Website
It has become very easy to build a website these days, with so many drop and drag templates available anyone can put together a website and begin blogging, My personal preference is WordPress, though there are many options available on the market. Along with these templates, channels like YouTube offer a wide variety of self-help videos for those that have little or no experience in website building.

Attract Visitors to Your Website
When writing your blog you want to provide your viewers with something useful or interesting to read, something that makes them want to continue to revisit your website. This is why it is important to choose a niche that you are passionate about and have a good knowledge, it will make it easier to appeal to your reader. It is this traffic that will lead to you earning revenue, so the more traffic you create the more potential earning.

Earn Revenue
 

This Is Not A Get Rich Quick Endevour

Though there is real earning potential with affiliate marketing, it is not a “get-rich-quick” endeavor. It takes consistent work and dedication to start earning income. You have to build a website that shows your authority in your niche area, one that people want to visit, this takes time. But if you are willing to put the effort in to affiliate marketing and build a strong website, then the earning potential is there.

My Experience To Date

A few months back I started looking into the possibly of becoming an affiliate marketer. I had some knowledge on the subject, but no experience. I did have the advantage that I had website building skills. Initially I tried to get a website up and running and began looking at an area that I wanted to focus on for my niche. But when I thought about how to get traffic to my site, I realized that I lacked in these skills.

After a lot of research I found Wealthy Affiliate and decided to join. At Wealthy Affiliate I could join for free and take their training that laid out affiliate marketing in an easy to follow step by step format. You can read more about Wealthy Affiliate on my review page.

So to date, I have upgraded to a premium membership at Wealthy Affiliate, though this was not necessary, it just made good sense to me as I continue to follow the training. I chose to focus on a blog that highlights the challenges of facing retirement without a pension, a subject I know all to well. I have just built this website and goal is to blog about my experiences in affiliate marketing, and how I can begin to earn an income that will help in the future as I retire without a pension.

Follow Along

I hope you will follow along with me, whether you are facing retirement without a pension, or you are just looking to earn a little extra income. Go to my review page and read about the benefits of Wealthy Affiliate, if you like what you see, join for free. The education alone is worth the membership.

I always welcome and look forward to comments, ideas and thoughts below. I will be sure to answer any and all questions you may have.

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