What Are The Benefits Of Online Affiliate Marketing?
If you are familiar with my site or my blog (click here), you will see many of my posts relate to making money online but they mainly link to affiliate marketing. The reason my focus is affiliate marketing is basically because, in my opinion, this is the best way to make a living online with little or no money. This post will focus on how to become successful in affiliate marketing.
What Is Affiliate Marketing?
As per my #1 online platform page (click here to see the YouTube video) affiliate marketing is:
The process of earning a commission by promoting other people’s (or company’s) products. You find a product you like, promote it to others and earn a piece of the profit for each sale that you make. Simple as that.
The most amazing thing about online affiliate marketing is you can start your own business from your sofa without having to have business premises, stock, staff, or having to deal with customer returns / complaints.
Everyone has an interest or passion in life, so why not make money from it? There are literally millions of niche’s out there you can choose from and change your life for the better.
Now we know what affiliate marketing is, lets get into becoming successful from it.
How Can Something That Requires Little Money Make Me An Income?
Well, it’s like anything really, the more effort, time and research you put into your craft the more chance of success you have. Yes, it doesn’t require a lot or any money (you may want to pay for a domain- but this is cheap), but what it does require is persistence, hard work and taking time to research your craft.
As per many of my posts (click here to view) many people want to get-rich-quick. Affiliate marketing is not a get-rich-quick scheme. It can certainly be a get rich scheme there is absolutely no doubt about that but not necessarily quickly. In my opinion 99.9% of get-rich-quick schemes are actually get-rich-quick SCAMS. If it was easy to get-rich-quick everyone would be jumping on the bandwagon.
Be very careful when researching online money making schemes as there are a lot of scum bags out there who want to make a quick buck and they don’t care ho they rip off to do so.
The Benefits Of Owning An Online Company
There are many benefits to owning an online company that outweigh owning a ‘physical business’ that employs staff and has large outgoings. See my list below detailing these benefits.
1. You’re your own boss
Being your own boss allows you to make every single decision and do things the way you want to. This gives you a sense of freedom and allows you to mold your online business in whatever way you want. Whether it be the theme of your website, the colour scheme, the niche you are promoting, the time spent on your business the amount you are willing to invest to become successful and so on.
2. Your business can be whatever you want it to be
You can promote whatever you have a passion or interest in. How many times have we wanted to be the CEO of a company, how many times have we said if I had money I would own my own ‘x’ company. Well now you can, without parting with a penny. One of the main things that attracted me to online marketing was the fact that I could make a success of myself on my own terms and that I could be a business owner.
3. Work from anywhere with WiFi
The wonder of working online means you can work from anywhere with a WiFi signal. You may have an office at home, or may want to walk down to the local coffee shop and enjoy watching everyone else rush to their 9-5 whilst you sit back, earning a passive income whilst enjoying a latte. My favourite is most certainly the thought of sitting on a beach with a cold drink and earning money whilst doing so.
4. The world is your oyster
As I touched on earlier, if you put in the time and effort it will pay off and you can do those things you have always dreamed of.
So, by now you will want to know how to become successful in affiliate marketing. Well see my list below which will help guide you to success.
10 Helpful Tips On How To Become Successful In Affiliate Marketing
- Choose a niche that you have a passion for
This is very important, creating content about something you know little about will become boring and you will lose interest quickly (I have experienced this). Choose a nice that you have a lot of knowledge about. See my niche post HERE for more help.
2. Be patient but persistant
Want $1000 from your first month…. hold up. That’s not going to happen (if you’re a newbie). There isn’t a magic wand that magically makes money spill over straight away I am afraid. It will take time, hard work, research and time to get to know your audience. However, once mastered, the opportunities are endless. Keep patient and work hard (thank me later). I have a post HERE that will explain making money and how long it takes.
3. Listen to those who have experience
There are many marketers out there who have started from the bottom and now look back and laugh at that time. Utilise these people, ask questions, ask for advice and strategies. Knowledge is key to success. I recommend a platform call Wealthy Affiliate that not only trains you as a newbie to become successful, but it also has a community which has millions of marketers that are waiting to help you succeed. They’re a friendly bunch and I personally would have been lost with them. We will talk about Wealthy Affiliate shortly and how its platform can help you reach the very top.
4. Ensure you have enough knowledge about your product / niche
This kind of links back to point number one. Ensure the product(s) you are promoting can provide you with enough content for you site or social media page. Otherwise, you will find sales will drop. You should be able to create content constantly and also review your niche / product consistently.
5. Keep striving for success – keep going!
There will be times when you will fail, or things will not go to plan, that’s normal. Do not let it get you down (we’ve all been there). Keep going. Surround yourself with positivity and people who can help you. Do not go it alone. Again this links into the Wealthy Affiliate community. These guys a re on hand 24/7 365 (the platform is worldwide, therefore people are always online). Remember Rome was not built in a day. Keep going!!
6. Create an action plan
An action plan doesn’t need to be hours worth of planning and flowcharts here, there and everywhere. Justa few simple bullet points on how you are going to plan your action for the day. For example:
1. Create a post about ‘X’
2. Add some images to my site
3. Create a business logo
4. Research my product
and so on…
The above was a real quick example but you get the idea. Planning ahead is key to efficiency.
7. Advertise yourself
Throw yourself out there. There so many ways to promote your business and product. We live ina day of Facebook, Twitter, Instagram, Pinterest, YouTubeand so on. All of these can be huge in promoting your business and product. See my post about utlising Instagram here and Pinterest here
8. Ignore the negative vibes and the ‘haters’
There is absolutely no doubt that friends and family will tell you that you are wasting your time or it seems too good to be true etc. You have to ignore this. No matter how important that person is in your life. Believe in yourself and smash all of your goals. My own partner, turned her nose up when I first discovered online marketing…. (I remind her of this quite often now). For more information on the doubters click here
9. Give your self a fighting chance from the start
Keep things simple, why start alone, why try to go it alone? Don’t! I am a member of the best online affiliate platform. This amazing platform is Wealthy Affiliate. They provide training that helps you build you business from the very start! See my WA review below and also my review on the training that comes with it. This also touches on the great community who are there to help you. Believe it or not it won’t be long until you are helping others.
10. Keep a healthy mind
Its essential you give your all with affiliate marketing. However, you are only human, take breaks, have a few days off now and then we all need to recharge. Exercise and enjoy your time learning a new skill. It will be challenging but the rewards can be phenomenal.
I hope this post has helped guide you on how to become successful in affiliate marketing. if you have any questions please do leave them in the comments section below.