This is a post that every beginner affiliate marketer must read. Why? Because when you build such a valuable passive income stream, you’ll be thanking yourself for years to come.
I know, I know, I am making a big claim here. So, I’ll leave it to you. Read it and judge it for yourself.
I want to give you hope and help you see the potential and the opportunity lies in front of you when you become a successful affiliate marketer.
It’s real. You can earn 5, 6 figure income as an affiliate marketer. There are so many affiliate marketers who are a living proof to that.
But the thing you need to note with all of them is that they all started from 0 and grew their affiliate marketing business to a superstardom level. As a beginner, you can achieve that too!
Still haven’t convinced? Here’s a success story of an affiliate marketer who started her affiliate marketing business from scratch and built it into a multimillion empire.
The story of Michelle and making sense of cents:
Michelle Schroeder Gardner is the founder of makingsenseofcents.com, a personal finance blog helping people to take informed decisions related to their overall finance. She has a reader base of over 300 thousand and she has been featured in,
She earns 6 figures consistently year after year. How is it possible?
Yes, you’ve guessed it right! through ethical affiliate marketing. Is it easy for her to achieve that amount of success? Absolutely not!
When she graduated in 2012 with an MBA in finance, she had a total student debt of $38000. The student loan fueled her to start making sense of cents. Here’s how she made her income in 2019.
Now you have a real, living proof. Yes. It is possible to build a full time business with affiliate marketing.
Let’s have a closer look at the 10 things you can achieve if you become a successful affiliate marketer.
You can have a business without hiring employees and stocking inventory:
In a traditional business, you need to consider a lot of things even before starting. Things like office space, capital for your business, office supplies, raw material if you are in the manufacturing industry, and so much more.
When you are starting with your affiliate marketing business, you don’t have to worry about any of that. The only capital that you need to have for your business is getting a website hosting.
You can also start affiliate marketing through YouTube and all social media platforms. It completely depends on the plan you have for your business.
You can build a good reputation in your niche:
In the beginning, you’ll start as a one man operation. You write content/make videos and recommend products that are relevant to your niche and provides value for your visitors.
After some time, your visitors start trusting your blog and brand.
They’ll share your blog with their network. Then your audience begin buying products through your affiliate offers.
Overtime, your audience size grows and that way, you build a good reputation in your niche as an affiliate marketer.
You can build a loyal audience for your blog:
Audience building is the core of affiliate marketing. If you don’t have an audience, you won’t be able to recommend products to anybody else. When you don’t do that, you won’t make money. Very simple.
When you recommend products genuinely, people will be naturally attracted towards your offer. If they like your offer, they’ll believe in you.
And if you give them consistent results through your recommendations, then congratulations, you’ll have loyal audience for your blog!
You’ll create informative and helpful content:
People want answers for their problems. More specifically, they want easy and simple to implement solutions. If they see value in your content, they’ll come back regularly to here for more of what you have to say.
So, here’s the question. How do you conclude whether the content you’ve created is valuable or not?
The simple answer is, use the power of long form content. It takes time and you have to put up a lot of effort to create this type of content.
But its seriously worth it. Prefer quality over quantity. When you create long form content, you’ll have only the quality pieces in your site that’s full of value.
The major benefit of doing this regularly is that Google starts showing your site higher in their rankings. This will increase your site’s visibility and you’ll obviously go towards creating such content in the future.
After some time, you’ll have a site that’s full of helpful and informative resources for your audience.
Affiliate marketing will transform you as a person:
Believe me. Affiliate marketing will change your attitude towards owning an online business. Today, affiliate marketing requires transparency thanks to the FTC guidelines.
The old days of conducting shady affiliate marketing tactics are all gone. People have become wiser and if you aren’t genuine about your recommendations, they’ll find out instantly.
So, the first step towards transparency is to always never forgetting to disclose your affiliation, if you recommend a product. Whether you place your affiliate link in a blog post, in your site pages, or wherever you blog, you should disclose.
This is ok. You’ll do it. But how is it going to change you as a person?
Affiliate marketing takes time to see significant results. To achieve that state, you’ll have to produce content consistently.
You have to wait patiently before seeing your content rank higher. You have to learn different skills to stand out from your competitors. You have to network with your fellow bloggers the right way to exchange opportunities.
You’ll understand the reality behind running an online business.
Do you think all of these won’t change you as a person? Absolutely not!
You’ll find out what your audience wants:
Knowing what your audience wants is key in becoming a successful affiliate marketer. Promote products, programs, and services that your audience really needs.
as a beginner you have to understand the importance of this. Consider asking these questions to determine their wants and needs.
- Why are they coming to your site?
- Subscribing to your email list?
- Following you on social platforms?
- What are the ways they find value in your site?
- What products you offer that resonates with your audience?
Getting answers to the above questions will give you a clearer picture of what they really want from your site. But here’s the point.
There are some situations where you doesn’t have a clue on what your audience wants. When that doesn’t work, just directly ask.
Asking your audience about their wants, needs, and recommending products accordingly breeds trust. This is a win win situation for both of you.
If you do one of these steps, you are sure to find out your audience’s wants.
You’ll understand the importance of tracking metrics:
Understanding the metrics that helps you to grow your affiliate marketing business is a challenging task, especially in the early stages. But you have to do it anyway to find out the progression and the direction in which it is going.
There are several metrics you need to track such as clicks, conversion rates, number of customers you’ve referred to a particular product/company, total purchases completed, total commission earned, and the list goes on.
When you look at these stats as a beginner, it’s a sure thing that it overwhelms you. In the long run, you’ll have a much better knowledge and experience on how to do it efficiently.
Tracking metrics isn’t a rocket science!
You’ll learn about the value in having the right mindset:
This one is my favorite. I believe that having the right mindset is the cornerstone for your success in affiliate marketing. There are a number of challenges associated with it.
There will be days when you want to quit due to the lack of engagement in your blog. In the early days, you won’t see much of an income from it either.
Don’t think these as obstacles. Make learning your number one priority.
Create the right strategies to grow your blog. When you put your efforts long enough in affiliate marketing, you’ll surely find out what works and what doesn’t work.
You’ll go through various faces and that in itself will pave you the way towards success.
You’ll be able to build a passive income stream that you can be proud of:
You need to create high-quality content with the soul intention of helping your audience complete something efficiently. To do that, you need to actively listen to your audience.
What are their problems? What are the things that they need answers to? If you ask these questions when creating content, obviously you’ll provide solutions to the problems and you won’t try to sell anything.
Let’s take an example. This blog is about affiliate marketing for beginners.
My audience are beginner affiliate marketers. If I want to create a post for them about email marketing, I’ll write a comprehensive guide that they can keep it as a resource to get started in building their email list.
Then I make sure that I include affiliate links naturally related to tools I use for my email marketing purposes. It does two things.
- Increases the trust of my audience.
- Makes them come back for more.
Most successful affiliate marketers do this and it simply works. It isn’t easy, but it is worth the time and effort.
There you have it! these are the wonderful things you can achieve when you become a successful affiliate marketer.
Want to add anything to the list? Your thoughts on this article?
Hari loves writing about affiliate marketing, email marketing, and blogging for beginners. When he is not writing, you can find him actively watching tennis, or searching for the next recipe that’ll fulfill his heart.