Affiliate Marketing – How to Make Money Online
What is Affiliate Marketing?
Affiliate Marketing is getting paid to market another person’s or company’s product or services. You become the middleman; someone who refers customers to a product or business.
Take Amazon.com for example. If you’re like most people, you have probably ordered something from Amazon.com at least once before. Amazon makes it easy to buy books like “How to Deal with your Crazy Boss” or “How to Make Money While Drinking Beer.” (I made up those book titles by the way…although they are books I wish existed).
There are also tons of other products ranging from Unicorn Meat to your own personal tank/land cruiser (no, I’m not joking…check it out for yourself). You can direct people to any of the products sold by Amazon.com and make a commission from the sale.
How do I do that? How Do I Make Money by Just Marketing Products??
Let’s say you love reading and having discussions about your favorite books. Why not create a webpage and write reviews about the books that you love and hate?
You can then get links from Amazon and put them in your page. These links will take your visitor to a sales page on Amazon.com when they are clicked. If that person buys that product, you’ll get a cut of that sale.
Here’s the best part though. If that customer buys ANY (some restrictions do apply) product on Amazon.com after clicking on your link, you’ll get a cut of their TOTAL SALES. This is great because more likely than not, Amazon customers buy more than 1 product at a time.
If you’re worried about not being able to build a website, here’s how you can build one in minutes with no experience.
So how do these links work?
These links that you put on your website have a specific referral code in them that allows the company to track it. If someone comes to your website, clicks on this link and buys something, the company you are marketing for keeps track of this. You’ll automatically get a cut of sales.
Depending on the company, the cookie retention could be anywhere from a few hours to a few months.
Cookie retention is the amount of time a visitor has to buy something after clicking your link. If they buy something within that time frame, you’ll make money from that sale.
For example, if a website has a 5 day cookie retention, your visitor has 5 days to buy something after clicking your link for you to get a cut of the sales. After 5 days the cookies will expire and you won’t make any money even if your visitor buys something.
How do I get these links?
After building your website, you’ll want to put some products on it. If you don’t know how to build a website, I can show you how to create one in minutes for free here.
Taking the Amazon example above, you could put a list of books that you like on your website. Amazon.com has their own affiliate system, so all you need to do is apply. It’s 100% free and all you need to do is sign up. You can check out their website here.
After signing up, you’ll be taken to their Affiliate page where you can search for products and create links to add to your website. Amazon.com has thousands of products so there are so many things you could market for them.
What About Other Affiliate Programs Besides Amazon?
There are tons of companies out there that have an affiliate program you could make money from. Just think of the last thing you bought online. The company you bought it from probably has an affiliate program that you can join.
Take iTunes for example. You want to market their apps and songs, but don’t know how to get started.
First , you’ll need to check to see if they have an affiliate program. All you have to do is Google it. Type in the company name plus the words “affiliate program.” So it would look like this: ” iTunes affiliate program.” If there is an affiliate program, you’ll see the proper links in the results.
3rd Party Affiliate Marketing Companies
iTunes does offer an affiliate program, but they go through a 3rd party company. This 3rd party company manages everything for both the company selling the product, and you the affiliate marketer.
Many companies go through these 3rd party companies. So if you sign up for a free account with them you’ll have a access to lots of companies offering tons of products and services.
Signing up to these affiliate companies are always free, so I would check them out if you are interested in affiliate marketing.
The big 3rd party affiliate marketing companies are:
Clickbank (for digital products).
While there are many ways to make money from home (check out work from home jobs here), I think that affiliate marketing is by far the best. You can make the most amount of money with the least amount of risk.
You don’t need to sell your own products, so you won’t have to worry about inventory and production costs. You won’t need to worry about customer service since the company you market for will take care of it all. Even if you didn’t sell anything, the most you would have to pay for is your website, which is only a few dollars per year.
It will take some time for your website to make money, but if you stick with it, and keep growing your online business, the sky’s the limit.
If you would like to learn more about affiliate marketing or making money online, I highly recommend signing up for a free starter account at Wealthy Affiliate. They have step-by-step videos and tutorials on how to create an online business from scratch.
If you have any questions or comments, please leave them below and I’ll get back to you as soon as I can.