What is Affiliate marketing and Why should you start?
Do you want to learn what affiliate marketing is and how to start making money with it while you sleep, but you’re not sure where to get started?
Affiliate Marketing is one of the biggest and easiest methods to make legit money online with no stress.
If you aren’t participating in affiliate marketing, it’s time to consider starting affiliate marketing and take advantage of this lucrative revenue stream.
It has become the major source of earning for many online bloggers.
In this article, you will learn what affiliate marketing is and why you should start now.
Ready to find out? Let’s dive in – what is affiliate marketing?
What is Affiliate marketing?
Affiliate marketing simply put, to promote a company or someone else’s product through a unique link and when someone purchases goods or services within a specific time through the link from the company you refer the user to, you receive a commission.
You can earn between $10 to $10,000 depending on the product price and commission rates.
Let’s say you have a blog niche about cosmetic & beauty. You register as an affiliate marketer on Amazon associate. You look for a product on amazon that relates to your blog niche to promote. Now you write an article or a review about the product, when someone likes the product you are recommending and clicks the link and buys the product from amazon, you earn a commission.
Why Should You Start Affiliate marketing?
You don’t have to pay to start affiliate marketing. Unlike other businesses that require huge startup costs, affiliate marketing is exempted. All you need is a blog or social media platform to become an affiliate marketer but most affiliate companies require you own a blog before you can become an affiliate marketer.
Owning a blog costs a few dollars to have one. All you need is a domain name and web hosting provider. Your only cost is likely going to be for creating your blog website. And with less than $2/month for your web hosting and $5/year for your domain name, you can have your website up and running.
No limit to the amount you can earn
As an affiliate marketer, you can earn $10 or $100,000 depending on the effort you put in. There is no limit to the worth you can earn. Unlike salary earners that their income is fixed, affiliate marketer can earn as much as the amount of effort they put in.
As an affiliate marketer, you can work with as many affiliate programs as you want. You can even combine your job and the affiliate marketing.
You can join more than one affiliate program. Is best if you don’t join too many affiliate programs so you can be able to focus and give the best.
Don’t join affiliate programs outside your niche.
Work from home
As an affiliate marketer, the only requirement that you need is internet access. No need to wake up every morning running to the office worried about beating the traffic. At your convenient time right on your bed you can earn thousands of dollars without stepping down the floor of your house. All you need is the internet and you are good to go.
You are the boss of your own
As an affiliate marketer, you schedule and do the things you want to do on a day-to-day basis with no one to be answerable to.
You don’t need a qualification
Provided you can read and write, you can start affiliate marketing. All that is required of you is a domain and a web hosting provider.
Unlike a job where you must have a certain degree before you can be employed, affiliate marketing doesn’t ask for a academy degree.
Best Affiliate marketing to Start With
No two affiliate marketers are the same – and neither are affiliate programs. Depending on your audience, niche and personality, there are different affiliate program that may be better suited to you. The affiliate programs featured here are the best – from beginner affiliate marketers to advanced. Start here as you warm up for your affiliate marketing journey. You can also read How to Start Affiliate Marketing In Nigeria (+10 Affiliate Programs to Join)
Fiverr Affiliates Program
Fiverr is a freelance marketplace, and their clients are not limited to any specific type of industry. The industry bills itself as the world’s largest digital services marketplace. Fiverr has a generous commission plan, with CPA of up to $150. Plus, there’s no referral limit and you get lifetime attribution.
Choose between ‘Fiverr CPA’ $15-50 first time purchase, depending on the service the referral purchased or ‘Fiverr Hybrid’ $10 + 10% rev-share.
Amazon Affiliate Program
Amazon Associate program is the best affiliate marketing program for beginners. With Amazon associate program content creators and bloggers monetize their traffic by sharing customized links to products, earning them up to 10% commission from the sale. The program also helps merchants and publishers market their products, driving traffic to their shop and increasing brand awareness.
With over 100 million subscribers on amazon, a lot of people are dedicated to shopping on Amazon.
There are millions of products you can pitch, with new ones being added every day.
It’s a great way to make money without having yet built up a strong background in the art of affiliate marketing. For affiliate marketing beginners, Amazon is a great platform to kick off your new venture.
ShareASale is one of the largest affiliate networks out there, arguably one of the best affiliate marketing programs running for nearly two decades. It is a massive network of over 4500 merchants to choose from in over 40 categories, including some big names.
The network is well-loved by marketers and merchants because of its user-friendly interface, fast free sign up and support for affiliates running multiple websites.
BeRush is SEMrush’s Affiliate Program where affiliates and agencies sign up to promote the tool. SEMRush is the most popular marketing toolkit which is used by more than 7 million people worldwide. It allows affiliates to earn 40% recurring commissions for SEMrush subscription sales.
To promote SEMRush you don’t need to meet any special requirements before joining BeRush. The opportunity is open to bloggers, webmasters, PPC specialists, agencies, and “all-round marketing genius.
You don’t need a website to get started.You can promote SEMrush products on social media.
If you’re someone who is looking to make a recurring commission every single month, you should definitely start promoting BeRush recurring affiliate program.
Envato Affiliate Program
UNLIMITED DOWNLOADS: 50+ Million WordPress & Design Assets
Envato is another huge affiliate program you can easily sign-up for. The Envato Affiliate Program helps you earn a little extra by referring customers to Envato through your own personal links.
Ready to use Graphic Assets
The Envato marketplace is a huge platform for digital assets for both buyers and sellers. This market ranges from Photoshop to plugins, website themes, and much other software for various platforms like WordPress, Shopify, Woo Commerce and many others. You can earn up to $120 for eligible annual subscribers and up to $60 for eligible monthly subscribers.
Binance Affiliate Program
Binance is a cryptocurrency exchange and the largest exchange in trading volume in the world. The exchange has varieties of tokens currencies to trade with including support for fiat currency.
Binance affiliate pays 40% for each user that registers through your link and makes a trade. All you need to qualify as their affiliate marketer is a binance account.