Are you wondering how to earn commissions online? This is exactly what this guide is going to be about. I will show you the step by step process of building a platform that will allow you to earn commissions online.
The business model that I’m going to talk about is called affiliate marketing. It is a legitimate way of making money online and it is very easy to learn. It does not require a huge investment and anyone can do it.
At the end of this article I will tell you what is the best platform to start your affiliate marketing business, so stay until the end.
Without further ado, let’s dive into the guide that will show you how to earn commissions online.
What is affiliate marketing?
The most popular way of earning commission’s online is affiliate marketing. Affiliate marketing is the process of you promoting other people’s products and earning a commission for doing so. You are basically recommending products to people and every time they buy the product from you, you will earn a commission.
The most popular way to promote products is through a blog or a website. This is what most affiliate programs require you to have before joining them. I know this might sound scary, but creating a website is actually very simple. Check out my step-by-step guide on how to create an affiliate marketing website.
It’s very easy to become an affiliate. There are thousands of affiliate programs out there. You can find a product to promote in virtually any niche. Many affiliate programs allow you to join for free and do not have any strict requirements.
As mentioned the best way to do affiliate marketing is through a website, but it is possible to do affiliate marketing on YouTube and other social media.
How does affiliate marketing work?
The affiliate marketing business is very simple. Let’s take a look at how affiliate marketing works.
It all starts with a customer who wants to buy a product or a service on the internet. They type their problem in Google. Google gives them suggestions that are most relevant to what they searched for. If your article shows on the first page of Google, they will most likely land on your website.
There, you need to provide value to that person and recommend him a product that can solve his problems. You leave your affiliate link to that particular product and they will be taken to a landing page or directly to a page where they can buy the product.
So your only job is to create valuable content and redirect visitors to a relevant landing page where they can buy what they are looking for. After they have purchased the product, you will receive a commission.
How high are the commissions?
Companies, online stores and manufacturers need affiliates. They need someone to spread their products to others. You are doing them a favor by promoting them and they reward you by giving you a commission for every sale that you generate for them.
How high the commission’s are, depends on the affiliate program that you join. The commissions start from as low as 3% to as high as 100%. Yes, it is totally possible to receive 100% of the commissions. The reason behind that is that there are upsales from which the company makes money after the customer has bought the initial product.
How high the commission’s are, depends also on what niche you decide to promote. For example, if you decide to promote beauty products and make up, your commissions will be much lower than someone who is promoting softwares.
Generally digital products and high ticket products pay higher commissions, but I wouldn’t advise you to join an affiliate program only because of the commission. You need to choose a product that you like and actually recommend. You will be creating a lot of content around that product, so you better choose something that you think will benefit your audience.
What do I blog about?
Another crucial thing is to choose a niche that you are interested in or want to learn more about. Find something that you are passionate about and that drives you. There are affiliate programs for almost any product out there. Find your passion and write about it. This way, you’re not pushing anybody but you’re pulling visitors by sharing what you’re good at on your website.
You may be saying, ‘’I don’t have a hobby’’ or ‘’I don’t know what products to promote’’. Don’t worry. You are not alone. Many people want to start with affiliate marketing but have no idea what to write about.
Think about how you have spent your time and money in the past few months. What have you done in your free time. Maybe you have done a lot of research on a problem that you have. Guess what. Many people have the same problem as you. So why not share it with others and recommend them the products that has helped you.
Maybe you have invested in a program that has changed the way you view life or maybe you have attended a course that has helped you overcome an addiction of yours.
Maybe you are taking some kind of supplement that has positive effects on your body. Share that with others. Maybe you read a book that has impacted your life – share it with others as well.
My point is that there is so much going on in our lives that we can share with others and make money at the same time. The good thing is that there are thousands of affiliate programs that you can join.
How to find products to promote?
In order to earn commissions online with affiliate marketing, you will need to find products to promote. You don’t have to develop the products yourself. You just promote other people’s products and earn a commission for doing so.
The best place to find affiliate programs is through affiliate networks.
An affiliate network is a place where many affiliate programs are collected. Affiliate networks often work with legitimate and successful companies that are proven to sell well. When you join an affiliate network, you have everything in one place which makes the whole application process much faster and easier.
Some of the most popular affiliate networks are Commission Junction (CJ), Shareasale, FlexOffers and ClickBank.
Another big affiliate network is Amazon Associates but I wouldn’t suggest you rely only on Amazon because on April 21, 2020, Amazon cut down on their commissions by 50%. This means that the time and effort you put in promoting Amazon products wouldn’t be worth as much as it did before.
If there is a specific product that you want to become an affiliate for, simply type the name of the product + affiliate program. The result should pop in the top results. If you can’t find an affiliate program for that particular product, you can always contact the company and ask them if they have an affiliate program that you can join.
After you have been accepted to the affiliate program you will receive a link that has your tracking ID embedded in it. This means that the company that you work with will get notified every time someone makes a purchase through your affiliate link and send you a commission.
The thought of making money out of your hobby or experiences sound pretty amazing, right? But how do you actually do it? I will tell you very soon, but before I do, let’s take a look at the biggest mistake that most beginner affiliate marketer make.
The wrong approach – Don’t do this!
What many people do when they first get accepted to an affiliate program, is to start spamming their affiliate links to everyone. Pursuing your clients is not a good approach. Instead, you should focus on attracting visitors to you.
You don’t want to push some random people in buying something from you that is not even relevant to them. You are just wasting your time and energy by constantly sending your affiliate links to random people.
Think about it yourself! Would you buy from a person that you don’t even know or trust?
You need to work on building a relationship and trust with your target audience. Note that I said target audience. You should be specific about who it is that you are trying to sell to. Who will need the services or the products that you are promoting? What are their needs and what problems do they have?
Provide a lot of free value to people before you start selling to them. Gain their trust and you will see how people will come to you in the future wanting to hear your recommendations.
Now when you know what you shouldn’t do, let’s take a look at the platform that I promised to tell you about. It is the platform that has helped me and many other people to start an affiliate marketing business.
Learn How To Earn Commissions Online
In the beginning of this article I promised to show you what is the best platform to teach you how to earn commissions online. It is called Wealthy Affiliate.
Wealthy Affiliate is a platform that will teach you everything about affiliate marketing and how to earn commissions online. They focus a lot on SEO which will help people to find you on Google.
The good thing about that is that you are attracting your visitors instead of pursuing them. People who are already interested in your niche will naturally find you and after that it is up to your job to keep them busy on your website. Create a lot of content and provide value.
Wealthy Affiliate does not only provide excellent training, but it provides you with all the tools necessary to succeed with affiliate marketing and earn commissions online. Wealthy Affiliate has everything that you need in one place, such as training, keyword research tools, live webinars, private coaching and most importantly a community.
What makes Wealthy Affiliate different from other courses that teach affiliate marketing is the community.
Wealthy Affiliate is a knowledge-sharing space, which means that there are other affiliate members sharing their knowledge and experience with each other.
Wealthy Affiliate is beginner-friendly and has taken so many people from zero to earning 10K+ a month.
You can join Wealthy Affiliate for free and stay as a free member as long as you like. This is what you will get with the free membership:
- 2 free websites
- 10 video lessons
- Access to 2 classrooms
- Ask questions in the community
- Live chat (first 7 days)
- 1-on-1 coaching (first 7 days)
I think the best way to understand what I am talking about is to see the platform for yourself. Check it out by signing up for free by using the button below.