Hey all! Welcome back!
Have you always wanted to know how bloggers make so much money without even owning a single product?
Well, one of the top ways bloggers can achieve this is through Affiliate Marketing.
In a nutshell, affiliate marketing is promoting other people’s products and services for a commission.
The commission fee and percentages can range greatly from as low as a few dollars, to all the way up to thousands of dollars, just for a single sale. This all depends on which program you promote and their commission structure.
Almost every product, company and service has an affiliate program.
Some of the companies you may recognize that has affiliate programs are:
- Go Daddy
Businesses host affiliate programs because it’s a much more cost-effective way to get the word out about their products.
It’s much cheaper to pay an individual a portion of the sale for a particular product instead of paying thousands of dollars in marketing & advertising.
Everyone wins when it comes to affiliate marketing.
There is no limit to the amount of money you can make with affiliate marketing.
There are bloggers making crazy amounts of money from just promoting “relevant” products to their audience.
But the key is to promote “relevant” products to your audience. Products you know your audience can benefit from, use & enjoy.
If you promote irrelevant or crappy products you don’t truly believe in just to make a quick buck, you can best believe you will lose your audiences trust and your business will tank.
So be mindful of the allure of affiliate marketing. It’s not a “get rich” quick scheme by any means at all.
Let’s discuss how the typical affiliate program works with a simple example:
Mary owns a smoothie blog where she creates recipes and shares them with her audience.
Mary uses a specific blender to make her smoothies and decides to write a blog post to review the blender. In this post she describes the blender’s features, benefits, pros, cons, and why she likes it.
The company she bought the blender from, let’s call the company “Magic Blending”, has an affiliate program where they pay 20% commission of the sale price of any blender on their website.
Mary signs up for the program, gets a custom affiliate link so she can track her sales and posts the link in her blog post so her readers can purchase the blender if they choose.
The blender costs $100. The commission rate is 20%. So Mary will earn $20 for every purchase through her affiliate link.
Do you see how affiliate marketing works?
The reason why you should embrace affiliate marketing within your blog is mainly that you can make money without spending time, energy and resources creating your own product.
Don’t get me wrong, it’s not automatic/overnight money.
You have to have an engaged audience that knows, likes and trusts you to be able to make consistent affiliate sales.
As a new blogger it’s easier to leverage other people’s products to generate income while you get your feet wet in the blogging world and learn the ropes.
There are plenty of ways to make money through blogging, but affiliate marketing is one of the easiest ways.
So what I want you to do right now is find a product or service you personally use and believe in, sign up for their affiliate program and promote the offer to your audience.
Write a solid blog post about the product and describe all of it’s features, benefits, what you like and don’t like about it. Be honest, be genuine, and most importantly, be real.
Your audience will respect you and might even buy through your link 🙂
In conclusion, every new blogger should get started with affiliate marketing asap.
You will be able to start generating income quickly, while you build your blog, business and brand. After you learn the ropes of affiliate marketing, then you can create your own product and keep all of the profits and even have affiliates of your own promoting your product.
That’s it for now! Hope you enjoyed this post and learned something. Feel free to write your thoughts about affiliate marketing below in the comment section.
Until next time, see ya!