It is quite difficult to make money online but not when you know the right way of making money. And, Affiliate Marketing is one of the smartest ways of making money online. You may find it tough enough but if you know the right way, it becomes much easier than you think it is.
But First What is Affiliate Marketing?
What is Affiliate Marketing?
The word”Affiliate” means To be associated with something or someone. So Affiliate Marketing can be defined as the marketing of some product or service in association with someone. And, this gives us the real meaning which means Affiliate Marketing is making money in the form of Commission by selling other’s products.
So, what happens in Affiliate Marketing is you start selling a product from an e-commerce site which is not owned by you. But, you will make money as a commission for selling the product.
You can start selling products from Amazon and Flipkart and they will pay you a percentage of commission depending on which product you sell. The percentage rate of the Commission are pre-determined and are fixed for different categories. You can check the raters of commission for Amazon Affiliate as following:
|Product Category||Fixed Standard Program Fee Rates|
|Luxury Beauty, Amazon Coins||10.00%|
|Furniture, Home, Home Improvement, Lawn & Garden, Pets Products, Pantry||8.00%|
|Headphones, Beauty, Musical Instruments, Business & Industrial Supplies||6.00%|
|Digital Music, Grocery, Physical Music, Handmade, Digital Videos||5.00%|
|Physical Books, Health & Personal Care, Sports, Kitchen, Automotive, Baby Products||4.50%|
|Amazon Fire Tablet Devices, Amazon Kindle Devices, Amazon Fashion Women’s, Men’s & Kids Private Label, Apparel, Amazon Cloud Cam Devices, Fire TV Edition Smart TVs, Amazon Fire TV Devices, Amazon Echo Devices, Ring Devices, Watches, Jewelry, Luggage, Shoes, and Handbags & Accessories||4.00%|
|Amazon Fresh, Toys||3.00%|
|PC, PC Components, DVD & Blu-Ray||2.50%|
|Televisions, Digital Video Games||2.00%|
|Physical Video Games & Video Game Consoles||1.00%|
|Gift Cards; Wireless Service Plans; Alcoholic Beverages; Digital Kindle Products purchased as a subscription; Food prepared and delivered from a restaurant; Amazon Appstore, Prime Now, Amazon Pay Places, or Prime Wardrobe Purchases||0.00%|
|All Other Categories||4.00%|
Step by Step Guide to Make money with Affiliate marketing in 2019
Now you know What is Affiliate Marketing but how does it work and how are you going to make money with it?
Well, we got you covered here with the concrete plan of making money with Affiliate Marketing.
Build an Audience
The basic thing about Affiliate marketing is that you have to sell a product but to whom will you sell? So, you need to have some audience to sell them the product you are willing to sell. So, all you have to do is start building an audience base be it on Social media like Facebook, Instagram, Youtube or a Blog. The best way to build an audience is by social media where you will have to create a page and start publishing something.
No matter on which platform you are building an audience but you will have to post some content on a regular basis. And, if you are posting regular content be it on social media or Youtube or even your Blog, you will grow your audience. Consistency is the key to grow on the Internet but do not compromise with the quality of content.
Join Affiliate Program
Once you have a large number of audience with you, now is the time to join some Affiliate Programs. Almost every e-commerce platform has its Affiliate Program. But, you have to be careful while choosing one depending upon the audience you have. For example, you have a fan page on Instagram with 100k followers about photography and you are trying to sell them a jewelry product. This won’t work and you end up earning nothing.
Go to Google and Search Affiliate Amazon or add the word affiliate with any e-commerce platform and you will find their affiliate program link.
Now, you can register there and start sharing these links with your audience.
It is easy to share links but why would anyone cli8ck to your link. You have to persuade them to buy the product you are recommending them and this can be done by sharing your experience of the product. Suppose you are a Youtuber, so make a video about the product specifications and your experience with the product and ask people to buy with your affiliate links. This will give you huge commissions.
Withdraw your Money
Now, you have made a huge amount of money from the Amazon Affiliate but that money is not yours until you get it. So, to get the money you will have to transfer that money to your bank account. Add your bank account to the Affiliate Program and they will automatically transfer your money on a monthly basis. Some Affiliates also pay you via Paypal account so you can even transfer money to your Paypal WALLET.
This is how you make money online with Affiliate marketing in 2019 which can make you super rich. Affiliate Marketing is the easiest way of making money online and with little efforts only.
Now, you know everything about making money with Affiliate Marketing, so what are you waiting for?
Start working for your dream right now and you will be successful a day.
What are your favorite means of making money online?