You’ve probably heard of people making money on the Internet and want to know if affiliate marketing is really a business or not?
Well I’m here to tell you that yes, it is a legit business and one that could really change your life for the better. Let me explain why I say this and share with you a little story about a guy named Peter…
What Is Affiliate Marketing and How Does It Work?
Before we get to that story I’ll briefly fill you in on what affiliate marketing is and how it works.
Affiliate marketing is simply selling other companies products. There are 100’s of thousands of company’s offering affiliates a chance to promote their stuff these days. An affiliate marketer will get paid a commission for referring people to click, subscribe or purchase products and services form merchant websites that they have an agreement with.
Everything is tracked using ‘cookies’ and other specialised technology so merchants know where the sale has come from and who to pay.
The advantage of this kind of model to a merchant is they do not have to pay for advertising or for any lead generation costs to make additional sales, they only pay for results when they are delivered.
The advantage of this model to an affiliate is that they can focus on the marketing side of things first and foremost, which in my opinion is the fun part! They effectively leave inventory, sales support, shipping, complaints handling and all the other time consuming and boring back end functions of an online business to the merchant.
They also enjoy very low overheads and start-up costs, no employees and a very lucrative business model. The other main advantage for affiliates is that, once a business is set up and fine-tuned, they can build a consistent passive income.
Of course this takes work to get going but imagine only having to do the work once properly and continue getting paid each and every day from your efforts, regardless of where you are or what you are doing.
In fact there are many benefits to affiliate marketing for all stakeholders involved including customers. A lot of affiliates run very useful and informative websites that benefit customers looking to research before they buy.
Is There Decent Money Involved?
Affiliate marketing is generating Billions of dollars every year for affiliates and that number continues growing exponentially as more and more people come online to make their purchases and as more and more affiliates take advantage of this business model.
This shows that affiliates are certainly making great money and that there is massive potential for anyone willing to learn. I think one of the main things that makes affiliate marketing so great is the massive amount of opportunity for anyone willing to learn properly.
How Would I Get Started The Right Way?
So now that you understand affiliate marketing a little better and the opportunity that exists, how would you go about getting started? Is there a right and wrong way to get rolling?
Yes there is a right way to get yourself going and trust me when I say there is definitely a wrong way. You don’t want to get caught up in the endless cycle of ‘push button systems’ out there as this could stop you dead in your tracks.
Let me explain…
What To Be On Guard Against
Unfortunately like the physical world the Internet has its fair share of opportunists that mislead and deceive people on a regular basis. They have used their knowledge of the Internet and affiliate marketing to scam people. Although this is probably no surprise to you, you’ll want to learn how to avoid these from the get go.
A lot of the so called ‘gurus’ know that you desire to create a profitable online business in affiliate marketing that can give you time and financial freedom. They prey on the fact that most people like the whole idea but aren’t willing to put the work in and so create useless ‘autopilot’ systems that no matter how convincing simply DO NOT WORK. I have seen them all in just about every different disguise you could think of. It’s a lot harder to pick the good opportunities from the rubbish nowadays but you don’t need to learn the hard way and cost yourself time, money and frustration in the process.
The Best Way Forward With Affiliate Marketing
The way to go about setting up a real and legit Internet business is by following these four simple steps. This is the best way to set yourself up for earning consistent profit online, but above all it will take time and effort to achieve. Follow along with me and at the end I’ll fill you in on Peter’s story to cap it off and give you a better picture of what I’m talking about J
Step 1. Choose a niche in something you’re passionate about or an opportunity you’d like to capitalise on. What is a niche? A niche is a unique market segment in the online marketplace with their own set of needs and wants.
Step 2. Build yourself a nice new website to house all of the content you are going to write. What? Build a website… write content?? Yep and it’s much easier than you think, in fact it is very easy once you learn how.
There’s no need to be an ‘expert’ in website building or writing content by any stretch. You just need to learn how to communicate to your audience in a conversational manner while providing them real value and stuff they care about.
Step 3. Find products within a third party affiliate marketplace that lists products from vendors that you can promote. There are lots of these with millions of products you could potentially promote. You only want to promote things that will genuinely be of value to your visitors though, products that will add value to them.
Step 4. Learn how to get visitors to your new website and once you do, start making money! Sounds simple (and it is once you get the hang of it) but it takes work. Getting traffic (visitors) to your website is a skill that can be learned and you don’t need to start out with a whole bunch of money or use some ‘secret underground system’ or some other crap to do it either.
Just learn the right way and you’ll get the traffic! The best method for doing this getting started is to use low competition keywords. If you follow these simple steps in conjunction with my following advice you can really do this, it’s just a matter of when not if. Now as promised let me share that story Peter and what it means for you…
Peter’s Story & Why It Matters
Peter is passionate about snow boarding. He learns how to do keyword and niche research and discovers people are searching for “snow boarding gear for total beginners”. He learns there is low competition and a very real opportunity with this segment (niche).
So he selects this niche…
He then learns how to build a website very easily and how to write great content for his visitors about all things snowboarding for newbies!
Peter is really happy with what he has been learning and with his new website so he moves on to the next phase. He browses a few affiliate product platforms and selects a couple of products to promote to his visitors that are going to be of real value to them.
He then starts learning how to get traffic to his website and start making money. He learns how to get ranked in Google using the right methods and does not resort to cheap tricks that will inevitably ruin his business.
This traffic converts into paying customers as they click on his affiliate links and go though to the merchant website… Peter is overwhelmed with excitement as he gets his first affiliate commission!
Folks, this isn’t just a quirky little story, this is something that you could really do if you are willing to put in the effort. If you want to change your life and build an online business then you can do this 🙂