You’ve seen those YouTube ads right? You know, the ones that always reference how amazing affiliate marketing is for people who need an extra source of income or want a side hustle on the side of their business. It has increased in popularity over the years. Mostly with millennials and gen z raving over the benefits of becoming bloggers and influencers.
Disclaimer: As an Amazon Associate, I earn from qualifying purchases. Some of the links on my website are affiliate links, which means, at no additional cost to you, I will earn a small commission if you click through and make a purchase.
Affiliate marketing is when you use your platform (blog, YouTube, social media) to promote products or services using an affiliate link. You want to promote products that you genuinely love. You then earn income if someone purchases through your affiliate link. Of course, the more expensive the product is that you’re promoting the better chance you have of making serious money with affiliate marketing.
Everything you need to know about affiliate marketing will be in this blog post so let’s get right into it.
How Can I Start?
Most companies at this day in age have some sort of affiliate program. Most bloggers promote products from a variety of different companies to increase their income and build their influencer presence.
You have a multitude of options and here’s a comprehensive list to start with. Each of these platforms can be utilized for posting ads/creating content to drive sales for your affiliate link(s).
- YouTube reviews
- Your Blog
The best way to show you exactly how lucrative affiliate marketing is and how it works is to give you an example.
Let’s say you’re a small business blogger who creates weekly blog posts with entrepreneur hacks, tips and day in the life content. Let’s also assume that you have a strong social media presence including Instagram and Pinterest.
As a small business blogger, you may post reviews and links for service-based companies like WordPress, or even products such as a new Nikon Camera.
If you’re going to be successful with affiliate marketing you need to choose 1 focused niche and reach out to companies that are relevant to the content you post.
How Much Do Affiliate Marketers Make?
One thing you need to know about affiliate marketing is that this isn’t some get rich quick scheme where you put in minimal effort and see a big paycheck.
Now, if you take your blog, vlog or social media channels seriously and come up with a practical strategy to drive website traffic to your affiliate link you can make a very decent income.
The ultimate key to affiliate marketing success is to be consistent, and authentic. As long as you keep these two ideas in mind you’ll be making more than you ever thought you could with passive income.
On average, affiliate marketers make anywhere from a few dollars to $50,000 a year. The people who are able to make a full-time income from affiliate marketing definitely have a marketing strategy in place and have connected with their audience on a sincere level.
At the end of the day affiliate marketing is all about getting your followers to trust you enough to buy the same products and services you like.
Just remember to keep authenticity at the forefront of everything you do. Your followers know if you’re only promoting a product to make money with no true interest in what you’re selling.
Well, Which Companies Offer Affiliate Marketing?
Even though affiliate marketing is super popular right now the market isn’t necessarily saturated. This is because businesses will always want/need someone to market their goods for them.
Here’s a quick list pf a few well-known affiliate marketing programs:
- Amazon Associates
- eBay Partner
- Click Bank
- Target Affiliates
Even companies like ADT (home security) have affiliate programs. Research your favorite companies, interests, and companies within your niche to find the best choices. The most successful affiliate marketers don’t just promote with one company either.
Choose a few affiliate programs you like and have a marketing strategy in mind. Remain authentic with posting so you can begin to make the most out of affiliate marketing.
Additional Resources to Learn More About Affiliate Marketing:
I have purchased and used all of these and can’t recommend them enough. If you are serious about making some money through affiliate marketing you’ll want to check these out:
- Amazon Affiliate Affluence – From the blogger behind Blogging Her Way. This ebook is an amazing guide and resource for doing affiliate marketing through Amazon’s affiliate program successfully. She earns over $1000+ per month in Amazon affiliate income!
- List of Affiliate Marketing Programs Ebook – A complete list of over 500 affiliate programs you can join in over 17 different niches. If you’re struggling to find affiliate programs that work for you and your content, this list is an amazing resource for only $29!