5 Things You Must Know to Get into Affiliate Marketing

What is affiliate marketing?

Affiliate marketing is a system of the affiliate referring a buyer to a merchant (product owner) and in a (basic system) if a sale is made you get paid a commission.

How much money can I make?

Depending on the affiliate program commissions can range from (1% to 75%).




Unless your website receives massive traffic it is recommended that you promote products that offer at least a 50% commission and pay at least $20 per sale.



A product that pays a $50-$100 commission means that to make a full-time wage you only need to sell one or two products per day.



And as with a regular job you are doing the work over and over and being paid by the hour, with affiliate marketing you do the work once and you get paid over and over.



This is called passive income.

How can I make money with affiliate marketing?

Before you get started it is important that you understand that it is advisable to promote products that you actually like.




To get into affiliate marketing you have to understand that you need to select a smaller niche or submarket of the market.




Instead of stating that you are an affiliate marketer in fitness, it is better and you will have a higher chance of success if you target a niche like 'weight loss the paleo diet way'.



If you are an affiliate in fitness your target market will expect you to cover every niche in fitness.




And the result of this is a high bounce rate, meaning that people who come to your website will often leave straight away, because they have not found what they are looking for.

What should I promote?

Any product that you like and it is recommended that you target a product that is in a niche.




You may choose to promote digital products or physical products.




When promoting physical products it's important to remember that physical products have extra costs such as manufacturing costs, logistics, advertising, and storage.




The costs associated with digital products are much lower and there are no shipping costs unless the customer requires a physical product.

How can I get started in affiliate marketing?

It is recommended to learn as much as you can about affiliate marketing and not to rush in.




As with everything there is a learning curve and you will learn better ways of doing things.



One thing that is good about affiliate marketing is you will be able to choose your own hours and therefore have more time to spend with your family.


Are you considering becoming an affiliate marketer?




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