Introduction to Affiliate Marketing.
First of all we have a free ebook on Affiliate Marketing: Get it Here
Affiliate Marketing is one of the easiest and fastest ways to make money online. In this Ultimate Guide, I will go with you step by step to help you start today your online business with affiliate marketing and make your first revenue Online.
To be honest with you, I don’t do 6 figures with Affiliate every month, but I do make a good recurring revenue, and what’s more important is that it’s almost 99% passive income!
What do I mean by passive income?
Passive income means that every month, I earn a couple of thousands of dollars without doing anything. so even if I take OFF the whole month, I will still earn almost the same number every month. Nice Haa!
In this blog post, I will share with you what I do exactly and give you some tips that may help you to start with affiliate marketing, and then I will show how to scale and reach 5–6 figures after a year or so.
What is Affiliate Marketing?
Simply, affiliate marketing is promoting products and services for other people and companies and earning commission per sale.
So, what’s nice is that you will not worry about creating and buying products, you will just promote an existing product. this is why it’s easy to start with. and even you can start with a 0$ budget as you will see later.
So Affiliate marketing is a great choice for anyone who wants to start a business online and make money without investing or even without having that much skills online.
Let’s Start!
Simply, affiliate marketing is based on two things:
- Selecting the correct product to promote.
- Promoting the product.
It’s that simple, select a product, promote it, earn money!
Let’s start with the first part, which is Selecting the correct product.
1. Select the correct product to promote:
It’s very important to understand and learn how to select the best product or service to promote because simply, with the same effort and time you will make much more money if you select the correct product.
Example: Let’s say you are promoting a service that costs 200$ and your commission is 60% per sale.
You promoted this service and you were able to get like 50 sales each month.
Simple calculations:
50$ * (200*0.6) = 6000$ per month. Nice!
And your advertising costs (In case of running paid Ads) are 3000$. Then you earn 3000$ every Month.
Per Year: 3000$ * 12 month = 40000 $ 
Great! BUT in this case, you will need to promote every month, pay for advertising every month, effort and Time every month!! Yes?!
NOW, Let’s Tweak the scenario!
We selected a product at the same price: 200$. Your commission is only 40% and not 60%.
But what is different here, is that the product you selected gives recurring commissions, so you will get 40% every month without promoting again and again.
Let’s say now, you promoted this service and you were able to get like 50 sales in a month.
Simple calculations:
For 50 sales per month:
50$ * (200*0.4) = 4000$ / First month
And your advertising costs are 3000$ then you earn only 1000$ for the First Month.
But then, 4000$ for the next months without any advertising or efforts (It’s recurring!) Did You Get It!
So the next months you will earn 4000$ without paying anything!
Per year: 1000$ + ( 4000$ * 11) = 45000 $ with much more less effort and time!
Which scenario you go with??
I think, Obviously, you will go with the second (recurring commission), which will become 90% passive with the same revenue or even more!
This is a small example, of how selecting the correct product (even with lower commission) may be critical in affiliate marketing.
Of course, I am not saying that you should not go with 1-time commission products! NO.
I am just showing the importance of selecting the correct product and how it may reflect on your work!
Small advice: select at least two products to promote, one recurring, and the other is 1-time commission.
Top Affiliate Products And Networks to choose from.
Ok friend, after we knew the importance of selecting the affiliate product, the Big Question now is: “Where can I find affiliate products to start promoting?“
To make things simple for you, I will go over more than 10 Affiliate programs and products that you can join even if you are a total beginner. and I will show you both recurring and single commission products and services.
Single Commission Affiliate Products.
I will share with you know what I think the top 5 affiliate networks that you can start with and find different products to promote.
1. ClickBank: probably you heard about, Clickbank is not a product, it’s an affiliate network where you can find thousands of products to promote.
There is only a small drawback here, that it’s not available in all countries.
2. CJAffiliate: CJ is also one of the largest Affiliate Networks available Online.
3. JVZoo: It’s also a large trusted affiliate network with thousands of Affiliate products to start with.
4. Warrior Plus: This Network is Great for beginners, simply because it’s simple to join, and it’s available anywhere worldwide.
This company provides digital products and assets like website themes and templates, audio, video templates, source codes, and much more. you can check it here and choose whatever product you want to promote.
here is a sample my earnings:
I think this is enough for affiliate networks. Let’s move now to my preferred list of recurring commission affiliate services and products.
Recurring Commission Affiliate Products.
Here is the best part, working with recurring commission products and earning 10X more money per year with the same effort!
1. ClickFunnels: The Clickfunnels affiliate program is one of the most generous commissions for a Service As A Service (SAAS) company. They pay 40% life-time affiliate commissions on all purchases.
They also have something called a “sticky cookie”, which is a bonus to affiliates because if your share your link to a customer it follows them across all of their devices. This keeps people you refer attached to your affiliate account, no matter where they are.
Aside from their software, Clickfunnels also comes up with new products all the time that you can also earn money on such as live events and training courses.
2. SEMRUSH: It’s also an awesome Service to promote with a 40% commission rate, SEMRUSH is an SEO tools company that helps anyone rank their websites and get more free organic traffic. Here is my affiliate dashboard:
3. Tube Buddy: You can earn up to 50% Recurring commission when you refer people to Tube buddy.
Tube Buddy helps content creators, brands, and networks save time and grow their channels. So you can market and advertise it to content creators to help them grow their YouTube Channels.
4. Get Response: One of the Top Email Marketing Services out there, and offers an awesome Affiliate program.
As you can see it offers to programs, one is a single 100$ commission per sale. and the other is 33% recurring commission every month.
What’s nice about Get response and similar services, that it’s hard for users using such platforms to leave it, since all their mailing lists, data, analytics will be saved in the system, so migrating will be somehow a problem.
This is a great thing if you think in terms of recurring commission, so when you refer someone, its like 95% he/she will be a long term customer.
Anyways, almost all products and services have an affiliate network, so you can check whatever product or service you want, contact them, and ask for their affiliate program.
0 Comments:
Post a Comment