Without a doubt Affiliate marketing is one of the best ways to have a business online and earn a good amount of income. The good thing about it is that its passive income. You can earn money while resting, but before that, you need to work hard! unlike active income. In fact, according to research affiliate marketing will hit $8.2 billion in the US alone.
There is a 10.1% increase in affiliate marketing spend!
What is Affiliate Marketing
Affiliate marketing is the process by which an affiliate earns a commission for marketing another person’s or company’s products. The affiliate simply searches for a product they enjoy, then promotes that product, and earns a piece of the profit from each sale they make. The sales are tracked via affiliate links from one website to another.
In order to start your affiliate program, make sure you always have a blog running and you are always providing good content for your readers. 84% of publishers benefit from affiliate marketing, according to Web Market Support. That means that this is huge potential for affiliates to earn a good amount of income.
How To Start Affiliate Marketing Business
There are 3 main simple steps that you have to go through;
1. Picking A Product
There are many affiliate products to choose from but you will pick products depending on your niche
2. Create Content About Product
You will be expected to create valuable content through tutorials or reviews about the affiliate products.
3. Drive Traffic To your Content
This is the crucial part because you have to drive traffic to your content. There are many ways to drive traffic especially by improving SEO (Search Engine Optimization) so that you rank higher on google making it easy for people to find your content online. You can also use Quora which is the best way to promote and market.
Let's look at the different types of products that you can promote so that you understand better.
Affiliate Marketing Models
Affiliate Marketing has two primary business models; cost per sale and cost per action.
1. Cost Per Sale affiliate marketing
From its name, this model is where you make money only if your audience buys something through your affiliate link.
2. Cost Per Action affiliate marketing
Also known as CPA, this model is comparatively easier than the cost per sale model because you don't need to make a sale to make a commission. Your audience just needs to take action like entering their name and email in the affiliate programs. But it's highly competitive. If you are a niche promoter it shouldn't be hard and you should have a site or landing page, run ads, you will convert a lot of visitors into customers as well.
Type of Products/Services To Promote
Digital products are intangible assets or pieces of media that can be sold or distributed repeatedly online without the need to replenish inventory. These products come in the form of downloadable or streamable files such as MP3s, PDFs, videos, plug-ins, and templates.
- Membership for sites
- Music & art
- Licenses to use your digital assets
- Digital templates or tool
- Educational products like courses
- Awin
- CJ Affiliate
- Rakuten
- Click Bank
- ShareASale
- Go to eCommerce giants like Amazon, eBay, or Alibaba
- Search the product category
- See the positive reviews
- Select a solid product
- Content is Key
- Do not share your affiliate links with your followers directly.
- Provide Valuable Content- Content can be a blog post, Youtube videos, Online Courses
- After your content has been published and you have a followers base, you can start promoting your content on social media.
That’s it! I hope everything was simple and clear.
If you have any questions, Feel free to comment below.







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