One of the most prestigious and sustainable ways to make money online nowadays is Affiliate Marketing. There are many people who decide to start their online business with Affiliate Marketing because of many factors:
- No need to own products or services.
- No need to care about transportation and customer care.
- Time, flexible working space: All you need is a computer or smartphone with an Internet connection.
- Does not require a high initial capital
- Diversify options: There are many providers with many different products, goods and services work on affiliate networks that you can choose to co-operate.
Nowadays, large and small businesses with all kinds of goods and services in the world are implementing affiliate programs more and more. That means the opportunities open to you are also increasing. In this article, we show you the most important things to know before starting with affiliate marketing.
1. 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.
2. Who are involved in Affiliate Marketing?
Advertiser/Merchant: who provides products and services with the desire to optimize and increase the efficiency of online business.
Affiliate/Publisher: who has the ability to sell goods, have knowledge of advertising and have access sources (traffic) to be able to market the supplier's products and services.
EndUser: who buys online products and services of Advertiser through the images, content posted on the website, blog, or some other Digital Marketing channel of the Publisher.
Affiliate Marketing Network (Marketplace or Affiliate Network): It is an intermediary platform that connects Suppliers with Distributors, helps distributors track and evaluate the effectiveness of advertising, sales, and also provides a technical platform such as advertising link. advertising, banner, ... and making commission payments to the Distributor.
Affiliate Program: Affiliate marketing system launched by the product supplier. They can manage themselves or hire a partner who specializes in providing management software, statistics on affiliate marketing activities.
3. Skills are required to be successful with Affiliate Marketing
Writing skill is an indispensable skill if you want to succeed with Affiliate Marketing. To spread information about products, products, and services to consumers, we usually do it through: website, blog, social media, ... Each channel has its own characteristics, but in common, it needs to have engaging content. On social networking sites, where people interact with each other through posts, clicks, like and share like today, a well-written article with attractive content plays a very important role.
To practice writing skill, you can take a few online courses. The cost of these classes is not too high and the things you get are amazing. Here are our online writing course coupons and deals that you can save your money.
Not only producers need to promote their website but professional affiliate marketers also need to promote products to users through their own websites and blogs. They want to increase followers and engagement for articles and SEO is the way to do it. SEO, search engine optimization, is the way to push keywords to the top of Google. Why do this? If you are an internet user when searching for content, which links do you tend to choose? What are the top links of the first page or the last link? SEO is about pushing your articles to the front pages of Google.
SEO will help you get free access to the article containing the affiliate link. If you want to get a lot of commissions, you need more people to know the website, blog, to the articles and products you recommend. Thus, SEO is an important knowledge that you need to master to do this.
To learn about SEO, you can do your own research through articles on the internet. However, how to do it will take quite a while, admittedly, the number of articles on this topic is a lot. But you need to statistic and select reliable sources to learn. Alternatively, there is no shortage of online SEO courses available today. You can consult and choose for yourself a quality class.
If you are looking for simple SEO software that can save your time on learning SEO from the beginning, here are our SEO software coupons and vouchers that you can use to purchase it.
Running Ads skill
Similar to SEO, many people think that running ads is the job of the seller or supplier only. However, if you want to be successful and receive great benefits from Affiliate Marketing, you must invest effort, time and money for it. Don’t worry about the money you have to pay for running ads, there are many coupons and deals on the Internet that you can find to reduce the cost for social network advertising.
Running ads aims to increase engagement with more potential customers. As more people see your article, the rate of purchase from your link will increase, so the revenue you receive also increases. Therefore, learning to run ads is also an important skill to master Affiliate Marketing.
4. Prepare a Simple but Effective Affiliate Marketing model
In order to make Affiliate Marketing effective, suitable for beginners to learn about this system, you should define the specific model initially. Remember, it is not a complicated model with a lot of knowledge and expertise that can make money this way. A simple but reasonable model can also bring you great revenue.
You need to choose the right product
With a broader and diverse market, you have the opportunity to choose from a variety of products. However, you should focus on one or a few products in an area that you have knowledge, love and passion to do Affiliate Marketing. That way, you can create a distinctive character. So, customers will think about you first when looking for a similar product line.
Therefore, defining the product line and category that you want to do Affiliate Marketing is one of the first important things to do. Once selected, you can define the customer group that you target to continue with the next steps.
You need to have a website
Want to make Affiliate become professional, invest yourself a website. You don’t need to know anything about IT or code or spend extra money to hire people to build your website. Now, with WordPress's free platform, it only takes you less than 5 minutes to create a website. You can view the instructions online and do it easily. The steps are not as difficult as you can imagine. You also can use our coupons and vouchers to reduce the price of a premium website builder. You don't have to have the in-depth computer knowledge to do this, rest assured.
Why need a website? You can use it to share and promote products through your articles. With a website, you can divide your page into many small tabs, users and customers will be easier to follow when finding articles that they need. For example, when you love cosmetics, if you only recommend on Facebook or Instagram, it is difficult for customers to find the topic which they are looking for. But not with a website, you can divide the tabs in your website into Skincare, Acne Treatment, Makeup, ...Thus, customers visit your web, choose the most relevant tab to their needs to find the corresponding article. In addition, having a website helps you easily implement SEO actions to push your articles to Google, thereby increasing engagement with your site and increasing sales effectively.
You need to learn how to promote products with Content Marketing
Content Marketing is simple yet effective product promotion and especially suitable for those who are just starting out. Quality content will help you attract a huge audience and push the order rate for your affiliate link product. Therefore, learning how to promote products with Content Marketing is an important step to achieve an effective Affiliate Marketing model.
You need to choose for yourself the most suitable Content Marketing methods. This is almost as important as choosing the product when getting started in affiliate marketing. If you have the resources, experience and expertise, you can invest in a variety of content methods, through social media, website, blog, ... However, if you just begin, you should start with one or two methods first. Then, thoroughly research and do well in these methods. Once you have achieved all of the above, you can continue to learn more about the rest of the Content Marketing methods.
Affiliate marketing is definitely one of the best ways to make money online. As long as your product, solution, service is relevant within the target audience and niche, affiliate marketing will still be profitable in 2020. We hope that our article can help you to take care of a few things before starting business with affiliate marketing.