Why is affiliate marketing booming in the 21st Century?
Affiliate marketing is an effective and low-cost way for businesses to promote their products or services to new customers, and that's why it has become so popular in the past few years.
There is a lot of fuss around making money online and creating a passive income, but many people do not understand affiliate marketing basics.
What is Affiliate Marketing?
Affiliate marketing is the process of earning a commission by promoting someone else's products and services on your websites, blog, or social media channels.
It can generate incremental revenue for your business with no up-front cost or inventory risk, as it does not require the store to store any physical products.
It is also one of the easiest ways to earn income online without having your own product or service.
Affiliate Marketing » The Early Days Online
Affiliate marketing has been around for quite some time now, the first affiliate program began in 1989, but it wasn't until the mid-1990s that it became an essential form of internet marketing. The turning point was when Amazon created its first affiliate program in 1996.
The Rise of the Affiliate Marketer
Many affiliate marketers are initially drawn to affiliate marketing because they see it as an easy way to make money online.
Affiliate marketing takes time, effort, and planning, but it can effectively make money.
You don't need any special skills or certifications to succeed with affiliate marketing - just a desire to work hard and sell products in demand.
Who are the Major Players in the Industry?
With A Variety Of Affiliate Marketing Platforms, The Industry Is Flourishing. This Allows Small Businesses To Have A Reach That They Wouldn't Have Otherwise, And It Also Lets Them Compete With More Prominent Brands That They Would Not Be Able To Without It.
Affiliate marketing is an industry with many players and tons of growth potential.
Over 10 million affiliates make up about 30% of the total internet traffic each month in the United States alone.
The most popular affiliate networks are Commission Junction, LinkShare, Clickbank, Share a Sale, and of course, Amazon Associates.
These companies have managed to stay alive through the years and continue to innovate as new technologies emerge to help them grow their business further or simply just find more customers for their products or services.
Affiliate Marketer One of the Most Desired Jobs
Affiliate marketers are in high demand because they offer a win-win situation to the company and the person promoting it. While companies boost revenue and awareness, affiliates get an income with no out-of-pocket expenses.
An affiliate marketer can work from home on an hourly or commission basis, so it's a very flexible job.
How Much Can You Actually Make being an affiliate marketer?
Affiliate marketing is one of the most profitable and fast-growing industries in the digital world.
The average affiliate makes about $3,000 per month, but some people make much more than that.
Check some examples of people like you and me that are already crushing it with affiliate marketing!
Steve managed to reap almost $9.000 in a single month!
John got himself $30k+ worth of affiliate commissions in two days!
Jerry earned $6k+ in a single month with only 19 years old.
Nathaniel has been making money blogging since 2010.
Some of my own payouts from just one affiliate program.
Money-wise. some folks with an affiliate marketing business can make six figures or more per year just from their online business!
Remember, because this is performance-based marketing (the more you sell, the more you earn), if you want this level of achievement, there is no time to slack!
Dissecting the Four Basic Affiliate Marketing Steps
The 4-step affiliate marketing blueprint is also called the "ABCD" or "4P." It's a method for developing an effective affiliate strategy.
Step 1: Choose your Niche
The first step of the affiliate marketing blueprint is to find a niche that really resonates with you!
Being passionate about what you do is imperative in affiliate marketing for several reasons:
- Pump out content about something you are passionate about is much easier, and it won't even feel like working.
- People who consume your content will soon notice you share the same passion, which might entice them to become a regular audience.
- Picking a niche that we love makes research work fun instead of pain in the ***.
» Related article:
TOP 10 Profitable Affiliate Marketing Niches
Step 2: Build Your Website
Now you need to put together a website where your visitors can find your content.
Don't worry. You need 0 tech skills to build a website nowadays.
In fact, with Siterubix Site builder, you can create a WordPress website in under 60 seconds, literally, and best of all, it is free to get started.
To see this great site builder in action, type in a domain you want to use below.
You will create pages such as your about page to tell people why you made this website, legal pages, affiliate disclosures, and privacy policies.
If you want, you can check some templates to create these pages with 0 fuss!
Step 3: Create content & get visitors
Affiliate marketing is all about helping others. If you manage to do that, you will succeed in this business.
Going with a salesy approach or spamming your content with affiliate offers or ads will be a major turn-off and result in a poor visitor experience. In other words, your visitors will leave, never to come back again.
Create actionable and helpful content for your audience to consume!
It's easier if I give you a practical example; let's say that your niche is related to gardening.
You create a post about "when and how to prune lavender."
In this post, you will share with your audience everything they need to know about how to prune lavender, the best time(s) of the year, and how to propagate the lavender from cuttings.
Instead of selling them stuff "in your face," you naturally refer within your content that you use a specific type of soil, fertilizer, and other tools with excellent results. If they want, they can get them on Amazon and throw them your affiliate links ;).
I bet you have seen this a couple of times...
Consistency and perseverance are two primary ingredients in the recipe to success in affiliate marketing.
Step 4: Promote your website and earn revenue.
Promote your website like your life depends on it... guess what, it does 😉
This is all about method and consistency! Search engines like routines. If you can't write a blog post every day, do it 2 or 3 times per week, but once you come up with a schedule, stick to it!
Every time you publish a new blog post, make sure to shout it out to the world!!! Share it on Facebook, Youtube, Twitter, Pinterest, Linkedin, keen...
Don't forget the good ole fashioned email! Send email blasts every now and then and let people know what is going on on your website or what you have in mind for the coming weeks!
Again keep it consistent, don't spam your subscriber's inbox every day but don't let them forget about you either!
Once visitors start browsing your website regularly, they will naturally click your affiliate links, and VOILA, you will earn revenue!
Why is affiliate marketing booming in the 21st Century? Final thoughts
Affiliate marketing is here to stay as it is beneficial for both companies and promoters.
It makes advertising blast off the roof for companies because they only pay when an affiliate sells a product. No other type of advertising compares in terms of ROI.
For the affiliate, it has benefits such as promoting thousands of products without investing upfront, being able to work without being bound to any geographical location, and the opportunity to earn passive income.
If you are considering walking this walk, there are things you need to know.
There are many factors like customer trust, niche relevance, market competitiveness, product quality, etc., which need to be taken into consideration before choosing an affiliate marketing niche. And this is just before getting started!
Then unless you have some real money on the side to outsource a lot or services, you need to literally work your **# OFF to get things rolling.
If you manage to pass this learning curve, then you are right off the launchpad to success!
You can also start your own online affiliate business and testify in the first person why affiliate marketing is booming in the 21st Century!
It has worked for me for the past few years, and I strongly suggest that you give it a try!
To learn more, click the button below!
TOP Affiliate Marketing Training Reviews
Program / Course
Super Affiliate System
Commission Hero Review
Clickbank University 2.0