How to Start a Profitable Online Business through Affiliate Marketing

By | November 24, 2019

Affiliate marketing has been an existing business right from the advent of e-commerce.
However, this “Old fashioned” way of earning money online is still waxing strong due to the numerous benefits it gives to small-scale, solo online entrepreneurs. And it’s an extremely prominent business model to the inexperienced ones online. Most prosperous online entrepreneurs today earned their first dollar through affiliate marketing.

Here is why affiliate marketing is such a famous online business model:

  • Absence of Inventory: You do not need to rent or create products or warehouse space for storage. Simply put, you don’tneed to invest your funds in stock that may probably not sell.
  • Low-Cost: With affiliate marketing, you don’t have to invest any much startup cost.
  • No Hassles: You don’t process or ship orders. No handling of returns or making of phone calls!

Being a hassle-free business model, affiliate marketing helps you focus on promotion, sales, and revenue. It’s the ideal business model for the newbie.

A Recipe for Affiliate Marketing Success

A key component to success in affiliate marketing is choosing the right products to promote. These could be memberships, digital information products, online services, or physical products. There are so many niches that leverage this model.

Talking about target markets, you may want to streamline for those famous industries with proven and solid sales records.

Why waste your time and resources when you can leverage the sales potentials of well-known products that people admire? The awesome thing is that you can run an affiliate marketing business in a niche you’re interested in – you can merge interest with profits.

Here is a guide to perform your needed market research:

  1. Have a close watch on Twitter and Facebook for popular trends. What types of products or niches are really selling?
  2. What is currently on the news? What’s everyone talking about out there?
  3. What are the hot selling products on platforms like eBay and Amazon?

The more sales potential a niche or product has, the more profits you can make. A famous product means more sales. Some famous niches include Natural health, Yoga, Supplements, Apps, Dating, Investment and Financial Advice, Gluten-Free, Video Games and many more.

While most amateur marketers run away from markets that are famous and competitive, prosperous marketers know that those are the markets to focus on because it’s the most promising market.

Getting Affiliate Partners

A lot of affiliate programs are out there dealing in just any service or product creditable, though not all of these are made equal. You want to become part of a reliable program with a status for caring for its partners and paying the right commissions to them.

Whenever you come across an affiliate program that you believe has a sales potential, perform a quick Google search or search affiliate marketing related forums to find out what users have to say about them.
Here are well-known affiliate partners with good standing:

  • Rakuten.com (previously Buy.com) is a pro online retailer dealing in groceries and electronics.
  • Clickbank.com focuses on downloadable, digital information products.
  • Commission Junction Affiliate works with some of the most-famous brands in the online world.
  • Amazon — have you shopped here? Do you know the range of products it offers? If yes, join the Amazon Associates program and make the most out of it.

Promoting Your Affiliate Marketing Products

Social media is a prominent way to spread the word about your entity.

Everyone is on Twitter and Facebook today. And they aren’t just sharing exciting dog videos. Frequently, they do have reasons to purchase, particularly if they find an appealing offer on their feeds.

SEO is a free marketing approach, even though it’s a bit more daunting but it brings optimal results in the end. It requires a consistent blogging practice, publishing useful and informative posts on your blog consistently and perhaps frequently.

You publish articles 4-5 times per week. And with time Google rewards you with higher rankings for constantly delivering awesome and useful information through your blog. The higher the rankings, the more the search engine traffic, the more the revenue!

Have your mailbox scanned now. You might have a couple of emails you received from some merchants or other enterprises you have passion for. That’s email marketing and, of course, an excellent tool for affiliate marketers of all levels.

Typically, you invite visitors to your landing page, website, social media network or blog and ask them to leave their email addresses. And you can send to them informative content together with exclusive offers through electronic mail.

Email helps to build relationships with your potential clients. You frequently send those offers and valuable content related to your specialty, perhaps a newsletter, or promotional emails like sales emails, directing them to your sales page and asking them to make a purchase.

The valuable information you frequently provide to them makes them get to know, trust and like you and your brand, which makes it more feasible that they will make a purchase.

Paid advertising is supposed to be your very last step in promoting your various affiliate products. You want to be sure you’re in an MMO specialty and a variety of products proven to sell well and a solid sales funnel that will persuade the prospects to make a purchase. This way when you invest the funds in paid advertising, which is likely to cost a whole lot of money, you should get a considerable ROI.

Pro tip: Start little with paid advertising. Check things out first. And once you’ve come up with a strategy that works and you’re sure that returns are feasible, you may then roll out a powerful paid advertising campaign for your affiliate marketing business.

Starting an Affiliate Marketing Business

You’ve got the entire structure for an ideal affiliate marketing business, with a detailed guide for starting out.

It may be inordinate at first. But if you can run it one step after the other, you’ll be able to do it and achieve great success in the business. Make sure you take steps related to building the business on an everyday basis, dedicating an appreciable amount of time. Certainly, with time you’ll successfully launch the business and succeed.

24 thoughts on “How to Start a Profitable Online Business through Affiliate Marketing

  1. Kohl

    Thanks for this article, as an affiliate marketer myself working towards generating income, I certainly see how this is a viable option! 

    I like how you discussed SEO and publishing 4-5 times per week. I feel like people oftentimes get caught up in overcomplicated advice, when in reality, the process is simple. It’s about sticking to the fundamentals! 

    What would you say the benefits of affiliate marketing are over other, more “standard” forms of business?

    Reply
    1. admin Post author

      Hi Kohl, thank you for stopping by!

      I am glad you enjoyed the article.

      You are most welcome!

      Reply
  2. Rodarrick

    As simple s all these information appear, they are all massive and can make the difference when it comes to making money through affiliate marketing. Getting started is different from getting started the right way. Affiliate marketing is not a joke and can really prove vital over time. This is really great and I fancy it a lot. Thumbs up to you for sharing this post.

    Reply
  3. Annie

    This was a very good, informative read.  When I started researching ways to work from home, I knew absolutely nothing about affiliate marketing.  Coming to sites like yours were what finally drove me to where I’m at now.

    And you are right.  In order for Google to reward us, we need to be constantly making new content on our sites and improving on them.  

    Reply
    1. admin Post author

      Hi Annie ,thanks for reading and commenting my article.

      I ‘m glad you enjoyed it.

      You are most welcome!

      Reply
  4. Donny

    Thanks man for this eye opening article on affiliate marketing. Although I’ve learned about affiliate marketing through blogging I’ve only been making money through Google address and it’s quite a shame considering this is one of the least paying ways to make money online from those who have used affiliate marketing before. Just started a new site and I’m sure I will be making it big real soon, its new but looks promising. What I like most is that u don’t need to start with big university like in a real world business and you don’t really have to be on it all day.

    Reply
    1. admin Post author

      Hi Donny, thank you for reading and commenting!

      I agree with you, you don’t need to start with a big university.

      Success in your online venture!

      Reply
  5. David ben

    Hello there thanks for this nice article it would really be of great help to us all. Affiliate marketing is on of the legit business online and many people are planning on getting into it or I would say start up a affiliate marketing business.after reading article I discovered alot of things that i never knew especially the guide’s you gave to perform market research and also oh how to promote your products.i think this is what everyone needs.

    Reply
    1. admin Post author

      Hi David, thank you so much for stopping by!

      You are most welcome!

      Reply
  6. Julianne

    Rather an interesting article. As an affiliate marketer myself, I can only agree with the information shared here because they are all right on spot. Nothing beats the truth and you have shared only the truth here. Affiliate marketing is not easy at all and only with seriousness and dedication can it be better. By learning how to get the right products to promote and also bring on worthy platforms with better options of what to promote can money be made more easily. Thanks

    Reply
  7. Paula

    I really like the idea of not having to ship products or even handle products. Thanks for this information. I also love the idea of not spending a fortune to get started. I made websites in the early 2000s from straight HTML. Do you have an easier way to build a website? It took me months to build a decent website. I don’t want to have to spend that kind of time at this.

    Reply
    1. admin Post author

      Hi Paula, thank you for reading and commenting my article.

      You can build a website easily by following those steps here.

      You are most welcome!

      Reply
  8. Moi MOI

    Hello ,

    I agree with you about the first steps in affiliate marketing being hesitant.

    For me, the part that appeared as a challenge is the social media.

    Since I do not have any prior presence in social media, it will take time 

    getting to leverage it as a key part of the success of an online business.

    Thank you for sharing.

    Reply
  9. Nelson dave

    This is awesome and very educating, Affiliate marketing is a trending business that every one want to go into, although many have tried and failed because they never had the proper knowledge. And idea of the business,after reading your article I discovered alot of key factors that would be of great help,from the key for affiliate marketing success to how to get affiliate partner’s.to me the article is power packed and I would like everyone to read it 

    tanks alot

    Reply
    1. admin Post author

      Hi Nelson, thank you for visiting my website!

      I am glad you enjoyed it.

      You are most welcome!

      Reply
  10. Shifts

    Amazing! Affiliate Marketing is the business I have always dreamt of all my life. I want to do it as one of my major source of income and probably even full time as I progress. I have seen the potential of this business, I have seen people making thousands of dollars from it. So I won’t miss out. Thanks for the info and the great tips to do well.

    Reply
  11. Techie

    Thank you for the recipe for affiliate marketing and the affiliate marketing partners you have recommended. I have heard about them before and ClickBank seems to give Higher commission rate among them all. Affiliate marketing keeps getting stronger and better everyday; the best model of online business I know. Good stuff

    Reply
    1. admin Post author

      Hi Techie, thank you for visiting my website!

      You are most welcome!

      Reply
  12. Aysha Amina

    Recently I was thinking about Affiliate Marketing for my future planning of the home-based business. In the meantime, your article helps me to make a decision and surprised me about the timing. When I am going to take a very important decision I got your informative and useful article. I am so lucky I get you. Felling so humble.

    Reply
    1. admin Post author

      Hi Aysha, thank you for stopping by.

      I am glad the article was useful. You are most welcome!

      Reply

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