One of the most efficient ways to make money online is to start an affiliate marketing business. Although there are easier ways to earn money on the web, this one has proved to be more profitable than pay-per-click methods, for example. And it offers a number of other benefits too:
- You don’t need to have a website or a blog to start.
- You don’t have to manufacture your own products.
- It doesn’t require a lot of investment.
- No responsibility at all. If you fail, you don’t get paid, but that’s it. No complaints from customers and no refunds.
Furthermore, many vendors will happily give all the necessary information and even samples of their product and provide you with customer email database, banners and other materials. In other words, you will often have everything you need.
However, success requires work, and here are five tips to help you.
#1 How to choose the right affiliate program?
Start your affiliate marketing business by choosing a suiting program. This task isn’t easy – simply because there are so many options from small companies and individual entrepreneurs to huge retail platforms such as Amazon and AliExpress.
To simplify this task, you can check the following:
- Does the company’s product fit in your niche?
- Is the company’s product really good? You may even have to buy a sample to test it.
- What commission does the given program offer?
- Does the vendor offer marketing materials and other support?
- What is the reputation of the given vendor? Do you prefer telling your audience the truth or are you Ok with lying?
If everything is fine, that’s your affiliate program. Besides, you don’t have to limit yourself to only one vendor.
#2 How to choose the right product?
First of all, try to be honest and promote only those products you really like or enjoy using. Sincerity will help you convince your audience and attract more customers.
Another good idea is to promote the product you understand. If you’re an expert (at least to some degree) in fishing, choose fishing stuff. If you love hiking, choose hiking equipment. If your audience knows you as an experienced bike rider, promote bicycles.
Avoid niches you don’t like and know little about. And avoid the products you don’t believe in.
#3 Test the product before promoting
Of course, you don’t have to personally test each and every product before starting an affiliate marketing business especially if the vendor doesn’t give you free samples. But think about it. Sharing your own positive experience with a product is the best way to promote it.
Writing and shooting trustworthy reviews on video will grant you credibility.
#4 Use social media
Today promoting goods and services in social media is a must even for huge companies. So you should not neglect this channel.
When choosing between Facebook, Instagram, YouTube, Pinterest or other platforms, consider the features of the given product. For example, there’s no point in posting ebook reviews on YouTube. Because the product has no graphic features. But a video game review will do great.
At first, you can use social media for free, but as your affiliate marketing business grows, you may want to try paid advertizing.
#5 Use shorter links
You may want to use that long and scary affiliate tracking links that lead visitors directly to a product page. However, such links look unprofessional and heavy, so using shorter links is a good idea. There are many plugins you can use for this purpose.
Using these tips to start your affiliate marketing business will help you avoid common mistakes and start getting profit as soon as possible.