Wouldn't it be great if you could make money at any time, any place?
You could even earn passive income while you sleep!
This is what makes Affiliate Marketing so powerful.
Affiliate Marketing is a type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought by the affiliate's own marketing efforts.
The word "affiliate" is used in two ways.
First, it may refer to the various types of individuals and organizations who participate in affiliate marketing.
Second, it may refer to the relationship that exists between a merchant (the seller) and an affiliate (the marketer).
An affiliate can be an individual or a company that markets products on behalf of another individual or company.
The affiliate is paid a commission by the company that they're promoting. This can be done by advertising, offering bonuses, or sending traffic to an advertisement.
Every day thousands of people are looking for ways to make money from home. One of the best ways to make consistent and passive income is through affiliate marketing.
Every day thousands of people are looking for ways to make money from home. One of the best ways to make consistent and passive income is through affiliate marketing.
So, if you want to get started with affiliate marketing for beginners and make up to $5,000 - $10,000 or potentially more per month on autopilot, then keep reading, this article is for you.
Signing Up For An Affiliate Program
Do you have a blog or website?
If you do, affiliate marketing can be a great way to make money on the side.
All you do is sign up to an affiliate program, and when you choose a program that fits your niche, you will be given a unique “tracking” link that you can share with others.
If someone clicks on your link and makes a purchase, the company will pay you commission for it. These programs are free to sign up for and easy to use.
The most popular types of affiliate programs are those in which the product or service being sold is digital in nature.
However, there are some companies that offer both physical and digital products through their affiliate programs.
For example, Amazon offers both books and Kindle products through its affiliate program.
The downside is that you are prohibited from selling the digital product.
As an affiliate, you can only earn money by linking people to the company's website and making a commission on each purchase. So, if you buy a book from Amazon, you won't be able to sell it yourself or resell it.
Successful affiliate marketers have typically spent time working to understand the specific needs of the audience they’re selling to.
Advertisers often offer a commission fee or referral fee to affiliates who refer potential customers.
This is in addition to the general payment for a sale that is made by the advertiser.
The commission rates vary, greatly depending on what type of product or service is being sold, and can even vary depending on where the item was advertised, such as different online marketplaces on major search engines.
The commission rate varies from 2% to 85%, or in some cases up to 95%, and this can be determined by various factors like:
▶ The product's price.
▶ What company pays for advertising.
▶ How many people purchase it.
▶ What type of website posts about it.
When it comes to affiliate marketing, it’s all about finding the type of affiliate program that will best fit in with your business.
Some of the best affiliate marketing programs offer some of the highest commissions available.
A few of those High Commission affiliate program include:
The Four Percent- The Four Percent is a high-ticket internet marketing product with several sub-programs inside it, a total of 10 to be exact. These programs are for SEO marketing, list building, traffic generation, and other related topics. Earn up to $5,000 or more per month.
ClickFunnels Affiliate Program- ClickFunnels Affiliate Program offers a generous 40% recurring commissions on all sales you send their way. On a starter plan that equates to $38.80 every month, per customer, for life! As an affiliate you also have the ability to earn huge recurring commissions on all of their top level products and services.
Fiverr Affiliates- Promote the world’s largest marketplace for digital services. From whiteboard explainer videos to Wordpress and logo design, earn up to $150 for every first-time buyer with their dynamic CPA model. Get paid to drive traffic, it’s that easy.
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Choosing Your Product or Niche
Choosing a niche is not an easy task and requires some time and research for sure. But when you are confident about what you want, you will find it much easier to work on your affiliate marketing strategy.
“Niche” is a very important term in affiliate marketing.
As an affiliate, it is essential to pick a niche that you enjoy and can be passionate about because this is how you will be promoting the product all day long.
Niche- a place, employment, status, or activity for which a person or thing is best fitted.
There are many reasons for choosing a niche.
Some of them are about strategy, others about creativity.
But the most important one is that it might be the only thing that you’re good at or care about.
But the most important one is that it might be the only thing that you’re good at or care about.
If you are not sure what niche to choose, think of your strengths and passions and then see what fits best with them.
If you don't know where to start, consider these top niches:
Healthy & Fitness
Make Money Online
Finance & Insurance
Arts & Creativity
It’s also important to recognize that, while there might be specific strategies that apply all around, different marketing strategies work better in different industries or niches.
It can be difficult to find your niche and what products or services you want to offer, but it will be worth the time invested in doing so.
Some of the considerations that will help a startup choose their niche are as follows:
▶ The geographical location.
▶ The size of the market.
▶ Is there a market for this product or service?
▶ What kind of economy does my potential customer have?
▶ Can my potential customer afford my product or service?
Create Your Website or Blog
Having your own affiliate marketing website has become an excellent way to generate traffic, sales and profits.
However, you have to have the basic knowledge of how to create an affiliate marketing website first.
This is where the Four Percent can come to your rescue.
My mentor always said to me
“You don’t never want to be just another… (fill in the blank)",
so at Four Percent, we do Affiliate Marketing much different the almost 96% of what other Affiliate Marketers are doing. (That's is why we're "The Four Percent")
There are many options for selecting an Affiliate Marketing strategy.
1. You can create an affiliate marketing website or blog that features products from one company, referred to as a hub and spoke model.
2. You can create an affiliate marketing website or blog that features products from multiple companies, referred to as a pyramid model.
3. You can create a free, informational website that offers visitors valuable content in exchange for the opportunity to earn commissions on referrals they generate. This is called a "joint venture" model by some, but other names are also used (affiliate marketing co-op, advertising club).
At Four Percent we use all 3 strategies and combine them all in to one Centralize Affiliate Marketing Hub using the Hub and Spoke Model.
According to Wikipedia, The spoke–hub distribution paradigm is a form of transport topology optimization in which traffic planners organize routes as a series of "spokes" that connect outlying points to a central "hub".
Simple forms of this distribution/connection model compare with point-to-point transit systems, in which each point has a direct route to every other point.
The hub website, also called the “affiliate network”, shares a portion of its commission from advertisers with the hub affiliates and spokes.
This model is popular because it allows businesses to form long-lasting relationships with industry experts that can provide quality content for their site.
Promote Your HUB, Blog & Products With Authority
TRAFFIC = CONVERSIONS
It’s not always easy to generate traffic. And when it comes to affiliate marketing, it can be hard to know where to start.
The best way to get traffic to your affiliate product is to focus on marketing.
It is important that you advertise the product on email, Facebook, Google and other social media platforms. You can also use re-marketing to advertise it again.
That will increase your chances of getting more traffic. Also, you can target the product in Google ads and P.P.C (Pay Per Click) marketing campaigns.
Here are some helpful tips to increase traffic to your affiliate products:
1. Focus on the results that your product produce (not the actual product)
2. Know your target audience
3. Create a compelling message
4. Optimize your landing page
5. Offer a free trial or other incentive
6. Get user feedback and testimonials
7. Use social media (facebook, Instagram, YouTube, TikTok)
8. Develop an {email marketing strategy-link}
9. Utilize paid search marketing (PPC) campaigns
10 Implement re-targeting ads
11 Use you Affiliate Hub as a platform for promotion.
Affiliate marketing is one of the most reliable and profitable ways of online business.
It is one of the most popular ways to make money online because it allows you to create your own financial freedom, based on your personal goals.
It's time that we stop looking at this as a pesky little side gig that we have to do in order to get lots of money, and start realizing that it can be a great way for us to build financial wealth, so that we can live the life of freedom where we get off work by noon every day, or head off on a week-long holiday whenever we please.
Affiliate marketing is one of the greatest ways to not just make money but also live a life of Financial Freedom.
With affiliate marketing, you have the potential to earn huge commissions and there's no limit to how much you can earn.
You don't need to work on full-time jobs and will be able to travel around the world like never before.
If you're looking to ditch your full-time job and make a lot more money through affiliate marketing, then join our free masterclass today.
In this class, you'll learn how to find the best products to sell, set up a high-quality marketing system, and get traffic quickly.
This is the perfect opportunity for you to learn everything you need to know to start making money with affiliate marketing!