How To Build An Affiliate Marketing Business – In 4 Easy Steps

If you’re someone that is interested in making money online, then learning how to build an affiliate marketing business is a must.

The reason I say this is, if you ask people who are currently making money online, many of them will tell you they started with affiliate marketing.

I think the biggest reason for this is the fact that it doesn’t require you to carry any inventory.

And once you’ve figured out how to make money online with affiliate marketing, you can then venture out into other business opportunities.

Instead of relying solely on affiliate marketing, maybe you think about creating your own digital product or service.

But I leave that topic for another article. In this article I plan on breaking down how to build an affiliate marketing business in 4 easy steps.

But first...

What Is Affiliate Marketing?

Basically, affiliate marketing is the process in which you receive a commission for promoting products and services to anyone like your friends or readers.

To simplify the process, here’s how affiliate marketing works:

  1. You find the product or service you would like to promote
  2. Conduct a search on google to see if product has an affiliate program
  3. You sign up for their affiliate program
  4. Once accepted, you receive special links that allows merchant to track visitors that click on your link
  5. If they make a purchase through your link, you receive a commission

Now tell me that doesn’t sound super simple? I’m sure it does, but I also know you’re smart enough to know that it’s a bit more advanced than this.

But we’re just getting started, and I plan on helping you get to a point where you’re ready to make your first commission.

More...

How To Get Started With Affiliate Marketing In 4 Easy Steps:

Step 1: Choose and Interest (Niche)

Step 2: Build Your Website

Step 3: Attract Visitors To Your Site

Step 4: Promote Products/Services and Earn Revenue

People like to complicate the process of making money with affiliate marketing. But the steps above shows how simple it can be.

Now of course there is a lot of work that needs to be done in between each process, but this gives you an idea of what it takes. Now let’s go over each step.

1. Choose A Niche

The first thing you want to do when building an affiliate marketing business, is decide what you want to talk about.

Because making money in affiliate marketing is about discussing topics people are interested in. Then finding a way to monetize on these topics.

So if your goal is to make money in the fitness industry, more than likely you will be talking about things like weight loss or nutrition.

In essence these would be considered niches. Specific categories in a particular industry that a group of people are interested in.

However, you do want to be careful about being too broad with your niche.

Many people choose the fitness industry which is fine, but there are so many topics within the fitness industry to talk about.

You’ll find yourself more successful if you can break it down a bit more.

Maybe to something like the two examples I used in weight loss and nutrition. These are great niche topics to talk about as you start to build your affiliate marketing business.

2. Build A Website

Now after you’ve selected a niche, it’s time to build a platform for your business. There are many platforms to choose from that allow your voice to be heard. Some of the top platforms are:

  • Youtube
  • Podcast
  • Instagram
  • Pinterest
  • Facebook

Now there are many more, but these tend to be the top ones where the majority of people use on a daily basis.

And as good as these platforms are, neither of them would be my top choice when building an affiliate marketing business.

My top platform would be creating your own website. The reason I say this is, all the platforms I’ve listed above, you don’t own any of them.

Not only that, but you have no control over the many algorithms each platform tends to implement when they feel the need to.

Because of this lack of control, if your business is built solely on these platforms, you could risk losing your business at any time.

With a website, you pretty much own it.

Yes you are at the mercy of hosting sites and the internet, but you are given much more control over this platform compared to all the others.

Having a website is basically like owning a piece of internet real estate. You have the freedom to do whatever you please.

This isn’t the case with platforms like Youtube and Facebook.

You’re gonna want to use these other platforms as tools. Basically a way to help drive traffic to your site.

So building a website is crucial to building a successful affiliate marketing business.

3. Attract Visitors To Your Site

Once you have your website in place, now it’s time to make people aware of it. Depending on your budget, there are free ways to get traffic, and there are paid ways to get traffic.

Some of those ways are:

  • Organic (free)
  • PPC (paid)
  • Referral
  • Social Media
  • Direct

Most people that get started with affiliate marketing are doing it because they need the money.

So more than likely, you will be looking to spend the least amount of money as possible. So for you, organic traffic is the best way to go as a beginner.

So how do you get this free traffic?​

If you didn’t know already, Google is the number one search engine in the world. So most of your organic traffic will come from there.

That being the case, the goal should be trying to find a way into the google search engines.

You do this by creating valuable content. Google loves sites that provide helpful content to online users.

The more content you create, the better the chance google will rank you within their search engines.

The main types of content google likes are:

  • Blog articles
  • Videos

Do you understand now why having your website is so important. A lot of the content you create will be done on your website.

You want to create as much content as possible, to get the most traffic as possible to your site.

And for videos, this is where the utilization of Youtube (which is the second largest search engine in the world), becomes important.

Once you’re able to drive traffic to your site, it’s now time to monetize all this traffic.

4. Promote Products/Services and Earn Revenue

Affiliate marketing is all about getting paid to promote products and services on your website.

Another reason why having a site is so important.

What makes affiliate marketing such a popular business especially for beginners, is the fact that there is absolutely zero inventory.

All you’re doing is directing people to places where they can make a purchase. And if they happen to make a purchase, you are rewarded with commissions.

How it works is, you as an affiliate, will apply to affiliate networks that give you access to thousands of products and services.

The most popular affiliate networks are:

  • Shareasale
  • Commission Junction
  • Linkshare
  • Amazon Associates

Once you apply and get accepted into these programs, you will then be supplied with links that you can place on articles on your site.

If any of your visitors click on the links, and make a purchase, you will receive a commission. This is where affiliate marketing shows its worth.

All you’re doing is creating content, helping your visitors, and getting paid for your recommendations.

How Much Do Affiliate Marketers Make?

It’s tough to really give you a number as it varies depending on the actually level of effort and training the person has with affiliate marketing.

It might be better to give you a quick breakdown of my earnings when I started my affiliate marketing business back in 2016.

I didn’t make my first sale until March of 2017. Which came out to a whopping total of $4.50 on Amazon.

But you wanna know something, I couldn’t care less the amount.

I was so excited to had made my first sale, it gave me all the proof I need to know that making money online was possible.

I mean if I could make $4, why not $8, $100, or $1000. After my first sale, each month I was making more than the previous month.

So in 2017, I made a total of about $350. And it wasn’t until 2018 where things really started gaining traction.

Between January to April, I made a total of about $1,000. But from May to December, I was able to make about $109,000.

I was able to make six figures in just 7 months.

Now that’s not always the case for other people, but it shows you the potential an affiliate marketing business has.

So to answer the question of how much do affiliate marketers make?

I can honestly say that the potential is unlimited. If you put in the effort and get proper training, you could make a full time income with it.

How Long Does It Take To Make Money With Affiliate Marketing?

If you’ve read the previous paragraph, then you can get a sense of how long it took me to start making decent money with affiliate marketing.

But the time it takes to make money depends on your level of effort.

You see, making money with affiliate marketing relies heavily on traffic. If you can get traffic to your site, then earning money is more than possible.

If you pay for traffic, then the potential to earn money can be immediate.

Assuming that you know what you’re doing when it comes to paid traffic. But if you’re a newbie, than more than likely you will end up wasting your money. 

But if you go for organic traffic, you will need a lot content in order for google to trust your site and rank your content.

So it can take some time to build traffic. But if you are consistent, and have a good grasp of how SEO works, you can definitely build the necessary traffic to make money.

10 Simple Affiliate Marketing Strategies For Beginners

There’s more to affiliate marketing than sticking a few links on your site. If you’re hoping to achieve long term success, it requires very strategic planning.

So I’ve written an article on 10 simple affiliate marketing strategies for beginners

If you’re new to affiliate marketing, and are looking for ways to create income for yourself, then I would definitely take a read.

It will give you the basics on what you need to build a solid affiliate marketing business.

How I Earn My Money Online

In 2018, I finally became a Six Figure Business, and it only took 27 months to get there. This allowed me to leave my part time job, and become a full time affiliate marketer.

{insert pic showing earnings}

If you’re curious as to how I was able to create passive income for myself, then I recommend that you click the button below. I have prepared a special video that will explain how I did it.

Ralph
 

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