There’s a lot of confusion and fear about affiliate marketing, especially amongst newcomers. There is so much confusing and mis-information out there about what it is, how it works, how you actually make money and the process itself.
To start off, let me say that I know for a fact that you can make money and there is no need for fear. I’ve been affiliate marketing full-time for the last eleven years, online and it works.
I am going into detail here, answering the question, Does Affiliate Marketing Work?
You don’t need any technical skills, just the will to succeed and to learn the proper process of doing it, then you’ll make money as an Affiliate Marketer.
How Does Affiliate Marketing Work?
The answer is really simple, you market another’s product and, for every sale that is made using your affiliate link, you get a commission. It’s like you walking into a department store, buying a product, the store gets a commission and the manufacturer gets its trade price.
Making Money Online with Affiliate Marketing
There are over 550 million products and services that you can promote as an affiliate marketer. When you sign up to an affiliate programme, you get to promote a range of products and services that are available within that programme.
There are thousands of companies out there offering affiliate programmes, some are independent (they operate and manage them in-house) and some are part of affiliate networks, a grouping of many affiliate programmes.
After joining an affiliate programme, you get access to promotional materials like affiliate links, banners and widgets that you can add to your website or promote in other places.
A good example is the Amazon affiliate programme. You would have immediate access to millions of products that you could promote supplied by or through Amazon.
But how do you decide which ones and how do you promote?
Confusion and Fear about Affiliate Marketing
A fundamental problem facing a newcomer to affiliate marketing is that the industry is full of outdated or simply false information over most of the Internet. There are so many “programmes” out there that are making money selling you a course that is based on “theoretical” affiliate marketing principles, stuff that appears to work but probably won’t.
Then you have companies posing as affiliate marketers, when they are not. They are a scheme, a pyramid, multi-level marketing opportunities that rely on you creating others into the network. They’re scams, to be blunt!
Real affiliate marketing is completely different, someone buys a product using your affiliate link and you get paid ~ end of!
Learning How to Earn Money with Affiliate Marketing
Affiliate success starts with proper Affiliate Education. When you first started work, you had to learn the role, you didn’t walk in and operate at 100% from the word go. You had to learn, which took time, it’s no different here. I see so many people giving up because they won’t learn and, most importantly, take the time to learn.
Making money online with affiliate marketing requires you to educate yourself, learn about and gather the tools of the trade. They’re not difficult and I have the answer for you right here, exactly the process that I have followed and continue to follow to make money online.
You Need A Website
You will need a Website that you will use to promote your chosen products/services, effectively your storefront for customers. Don’t panic, it’s really easy and DON’T use one of these website builders, I’ll show you a much better way.
There are many online offers claiming to be high quality affiliate educators, but which one do you choose? If you don’t do your research, you are likely to end up joining the wrong company, one that is “pretending” to be affiliate marketers but offer low quality education and, worse, are multi-level-marketing businesses.
Where to find Good Affiliate Marketing Training
How do you know which company is good education and what is poor or misleading education? Here’s what to look for in high quality affiliate marketing training:
- Reputation. Is the company legitimate? (Check with https://bbb.org) Are there positive reviews? Have they been in business for some time?
- Free to Try. If you can’t get inside what a company is offering, then you shouldn’t even be considering it. If there isn’t a free trial or a good sneak peek, avoid it.
- Cost. Building an affiliate marketing business is not expensive, even the education aspect of it. Don’t spend more than $500 a year for websites, hosting, tools & technology, coaching and networking. More than this, you are likely with a business that is taking your money rather than helping you.
- Clear Offer. Go through the offer carefully, if you are unsure of what you will be doing and what they are offering, then avoid this company. Don’t be lured by the idea of owning a big house, expensive cars, sitting on the beach or “you can do it” without them telling you what you are doing, you are almost certainly going to be getting yourself involved in a scam.
- Everything You Need to Run Your Business. To run an online business, you need a website, you need hosting, you need keyword and research tools, you need proper training (ideally interactive), coaching, mentoring and the ability to network with others involved in the business. If a company is missing one or more of these, then you are not getting everything you need to properly run a business.
Wealthy Affiliate has been working directly with and mentoring affiliates online since 2005, it is the sole purpose of the business and there is nothing out there to match it. It’s called Wealthy Affiliate and, if you want to succeed in building an affiliate business, I recommend that at the very least you take a look.
Please do your research to see what best suits you, but I can tell you that there isn’t another more progressive, forward thinking, cost-efficient and caring platform in the world for affiliate marketers.
Here are some details:
- WealthyAffiliate.com: Been in business since 2005 (visit website here)
- Free Trial: Yes (unlimited Starter membership)
- Cost Efficient: Yes, very. $49 per month (or $359 per year)
- Clear Offer: Yes
- It’s For: Beginner to Expert Affiliate Marketers
Quick Review: Wealthy Affiliate is the best affiliate marketing education platform in the industry. With over 1.5 million active members, you have access to the largest resource of experts.
It offers a true all-inclusive environment where you have access to everything that you need in one place to create, grow and manage a very successful business online (or several of them).
This includes training (all formats), live classes, websites, hosting, keyword/research tools, content/writing platforms, support, expert coaching and the ability to network with over 1.5 million fellow aspiring and successful Internet Entrepreneurs.
Why People Fail at Affiliate Marketing.
There is one factor that I see on a day in and day out in this business as to why people don’t achieve success online. Patience.
There is an expectation of immediate success but compare it to a new job. You have to learn it before you can become a success. I see so many people that want instant results because the mindset is in employment, you earn an hourly wage with a job and it should work the same way in your affiliate business right? No. It is quite the opposite.
Compare To High Street Retailing.
Say you were to open a shop in your local town. You’d need premises, stock, staff and a lot of money before you even open the door to your first customers. What if you don’t get any customers? Your financial risk is tens of thousand of dollars, whereas the financial risk in affiliate marketing is measured in hundreds of dollars!
So you need a website and the education on how to promote it, thus attracting customers. That is exactly what is taught within Wealthy Affiliate.
Invest in the education and you will start generating income and building your online business. This success will snowball and, before long, you will see your revenue grow. If you put in just fifteen hours a week, you should expect that to start after three months in the Wealthy Affiliate education programme.
Please don’t treat affiliate marketing as a job. It isn’t, it’s a business and the time and energy you put into your business today, the more reward you will receive.
Then you will get to the point of “residual income“, that’s when you can’t stop your income coming in!
My full review of Wealthy Affiliate can be found here.
All the best in whatever you choose to do.