We all want to make more money on the Internet and in this article I will tell you how to make money with affiliate marketing in 2021.
When you read some articles about running an online business and see huge earnings in affiliate marketing posted by other bloggers, you are surprised that they earn hundreds of thousands of dollars by recommending this or that web hosting or other online services to their readers.
In fact, each of you can learn affiliate marketing today and start taking your first steps towards achieving your goal. Although I have many friends who started their first steps in affiliate marketing, they ended up giving up halfway through.
In fact, you don’t need to stop, but you also don’t need to rush forward. In any business, it is important to analyze the situation, draw up a clear plan of action and move forward by constantly improving your skills. After that, you will gain tremendous experience, even making small mistakes, but you will be able to succeed at the end.
Disclaimer: This post may contain links to other web services and I can receive a certain affiliate commission from these services at no cost to you. I recommend these sites and tools to those who wish to successfully start their blog.
Let’s Consider How To Make Money With Affiliate Marketing
- 1 Let’s Consider How To Make Money With Affiliate Marketing
- 2 Wrap It Up
If you’re a beginner, then I’m sure you’re wondering if there are any affiliate marketing programs for beginners? I would recommend starting your blog first, then learning a little about SEO basics and how to build backlinks. The next step is to learn to write articles competently, observing all the SEO rules. It also does not hurt to learn the basics of an on-page SEO.
Also, do not forget to study the principles of affiliate marketing in order to understand how money is made in this type of business.
When the basic concepts are studied, then you can safely proceed to how to start an affiliate marketing business.
1. What are the Payout Rates in Affiliate Marketing?
It all depends on which products or services you are promoting. You can promote Amazon products and still earn 2% to 5% commission. For example, you sold a product that costs $100 on Amazon and you get from $2 to $5 for it, which is not a very large income in the affiliate business.
If you are promoting a specific web hosting company, for example Bluehost, then here you already get from $65 for one sale. There are companies where an affiliate commission of 75% is offered to those who can make at least 50 sales per month, and there already amounts which can reach up to $200 per sale.
But practice shows that promoting products from Amazon is sometimes easier if you know how to select the right products and build backlinks from fairly relevant sites.
2. Is Affiliate Marketing Profitable?
Many people complain that ten years ago it was possible to write articles and immediately get to the top of news feeds in 1-2 days and start getting targeted traffic from search engines. In fact, nothing has changed. Of course, a lot of different websites have appeared that compete with each other, but this does not mean at all that the SEO rules have changed. Everything works as before.
Your task is not to complain about the circumstances, but to look at examples of other bloggers. They have no barriers. They try to find loopholes in order to get quality backlinks to their blog so that it will be at the top of the search engines.
Therefore, you should not think that now it is too late to start making money in affiliate marketing. More and more companies are appearing on the online market. They want to promote their services and pay their affiliates great commissions. So you need to use this opportunity to start earning tens of thousands of dollars every month.
3. How to Choose the Right Affiliate Marketing Niche?
If you just want to choose a niche at random and then develop it, then this is fundamentally the wrong decision. Imagine that you have chosen a niche, created a website, filled your blog with articles and suddenly it turns out that there are not many affiliate programs in this niche.
Even if the niche is competitive, there are many ways to get your piece of the pie in a given niche. In addition, if it is quite competitive, then it means there is a lot of money in it and bloggers write articles about certain niche products.
For example, if you write a query on Google “best web hosting” or “best web hosting for wordpress”, then you will find many well-known websites in the online business environment that talk about web hosting. These bloggers review different web hosting services and make money on it. However, this does not mean at all that you will not be able to make money on this.
You just need to select low-competition keywords to get a small stream of traffic to your blog first. As your blog grows, you will start getting more and more traffic and thus you will be able to reach the first positions in the search engines.
I wouldn’t say that this is a very fast process, but if you write at least one article per week and slowly but surely receive at least 5-7 backlinks per month to your blog, then in a year you will be generating about $10,000 per month. Of course, there are still many different nuances, but if you know how SEO works and where to get backlinks from, and you also know how to write articles correctly, then everything will be fine.
4. How to Increase Affiliate Earnings on Your Blog
The most important thing is not to recommend a particular business service until you are sure that it is of high quality. You can see for yourself which reviews it has, or you can buy and test it yourself, but you definitely have to be sure that your customers will follow your affiliate link and purchase, for example, high-quality web hosting. How much money you get as an affiliate commission depends on it. Don’t do bad reviews, because people who click your affiliate link can refuse to buy it later if they think that your review was biased and the quality of the service is not the best.
Don’t try to sell in your reviews. Your task is not to sell, but to write a high-quality review article about the service and, of course, do not forget to fill it with affiliate links.
Tell some interesting story that happened to you or one of your friends. Readers take such articles very positively and are happy to read about the successes of others. This is usually how trust is born between you and your readers.
Try to build long-term and trusting relationships with your audience. Create a niche free course, add a subscription form to your blog. This way you can collect enough email subscribers to email them later about new affiliate products and services.
Do not come up with anything superfluous. Be as honest and engaging as possible for your audience. It will also attract many readers to your blog.
5. How Long Does it Take to Become a Successful Affiliate Marketer?
There are examples that within 3 months a well-known blogger started making more than $10,000 every month, but on average it can take you about 12 months to reach such a profit, provided that you work hard on your online business. 5 days a week.
In order to have such income, it is not at all necessary to receive all the profits from affiliate marketing. For example, I also make a profit by providing advice on blogging and SEO. You can also think about which services you can provide. At the start, you can charge about $1,000 for your consulting and support the person for more than a month, but then you can safely increase the consulting prices.
Also, I would recommend investing about 50% of your initial profit in the purchase of backlinks, provided that you do not know how to get them for free. This will allow your blog to grow much faster and you will start getting a lot more traffic over time.
Either way, you don’t have to think about money when you first started out in affiliate marketing. Your task is to bring your articles to the first places in search engines. Then you need to look at which articles start bringing you the most traffic and develop them more actively.
Wrap It Up
In this article, you learned how to make money in affiliate marketing and of course you realized that you can make a lot of profits in this area.
Be sure to ask yourself if you want to develop in this area and are you ready to spend a whole year in order to understand later that it really works.
This industry is developing very rapidly along with e-commerce, because literally every day there are new companies that are willing to pay bloggers good affiliate commissions to promote their products and services.
If you decide to become a successful blogger in a year, then today you can start creating your own path to success.