If you want to make money online from home, Affiliate Marketing is one of the best possible option out there.
US$ 5 billion is the amount earned by affiliate marketers (blogs and website owners) in 2011 alone. And, this industry is growing leaps and bounds, day by day, due to low investment and high earning.
Affiliate marketing means – Generating traffic on your own website or blog and sending them to other affiliate sites, and for each sales conversion you earn the affiliate commission.
The more traffic you generate or the more targeted your traffic are, the more will be your income.
Advantages of money making via affiliate marketing
1. Very less investment: The initial investment required to start an online affiliate marketing business is very less. You have to invest some money to launch your blog or website. A matter of few dollars! That’s all!!
2. Unlimited earnings: Yes, there is no upside capping on your earnings. The more traffic you channelize to your affiliate websites, the more will be your earning. Well established, full time affiliate marketers usually earn US$ 2000 to US$ 4000 monthly.
For initial few months, your earning may be very less. Over a period, when you gain some reputation or authority in your niche, your earning will increase exponentially.
3. Work from home: A PC and an internet connection. This is the only thing you need to start your online affiliate marketing.
Working from the comfort of your home is just like a ‘ dream come true ’ for a lot of people. Because you are the BOSS, and you decide how much hours you want to work or during which part of the day you want to work.
How to start an online affiliate marketing business?
1st Step – Know your expertise or passion: Make your passion your profession. This is most important and a deciding factor for successful online affiliate marketing. Because, you excel in your profession naturally and effortlessly.
Everybody has passion or hobby for something or else. You have to discover that, to explore more, or, to be more creative.
There are so many advantages, when you make your passion your profession. First of all, you already know a lot of things about the subject matter and command a little bit authority in the niche, from the beginning itself.
Secondly, you enjoy your profession everyday, as it is your passion. And, when you enjoy your profession, you work hard. This will be quite helpful in your initial days of online money making venture.
2nd Step – Make your own blog: If you have decided your subject matter or niche in the 1st step, proceed to the 2nd step and launch your own professional blog.
Launching a professional blog is damn easy! You simply have to choose and register a Domain name and a Hosting Plan from a Web-Hosting service provider. You should go for either of the famous two – Hostgator and GoDaddy.
Important: Your domain name should closely resemble your subject matter or niche, and it should be short and catchy enough to be remembered by your visitors.
Then you have to choose your blogging platform. Again, the famous two are Blogger and WordPress. It greatly depends on – How comfortable you are while using the back-end of the blogging platform, which will be your virtual working office now on.
Bloggers are greatly divided while choosing a blogging platform. On my opinion – You should go for WordPress.
Launching a WordPress blog is very easy. Login to your Control Panel, go to the Fantastico, with a few clicks, and your Online Affiliate Blog is launched!
3rd Step – Find products or services to promote: Now that you have launched your professional blog, you have to find different products and services you want to promote.
You should choose products and services which are related to your subject or niche. Because your targeted traffic will be related to your subject matter and usually considered high converting affiliate sales.
You can choose any products or services related to your niche like – Gadgets, Fashion apparels, Books, Financial products, Foot-wears etc. There is no end to this list. And, there are ‘ N ’ number of online websites who offer affiliation to sell these products.
You can go for Amazon Affiliate Program or eBay affiliation, to learn the tricks of the trade in your initial days. These days, almost all online sites are offering affiliate programmes. Just check the affiliate link at the bottom or top of the websites.
4th Step – Generate traffic on your blog: Traffic is the lifeline of your online money making venture.
Generating tons of raw traffic is not enough to be a successful affiliate marketer. Your traffic should be highly targeted for higher sales conversion.
My only advice to you, to generate more targeted traffic is quality blog posts. You should publish high quality posts about products and services for which people are searching desperately. And, with a bit of SEO (Search Engine Optimization) you will get lots of targeted traffic.
Your aim should be – Provide information and solution, which people are searching for online.
Resources to learn the ‘ Tricks of the Trade ’
Final words: Online money making using affiliate marketing is very easy and successful online venture, provided you Work hard and Keep patience for a long haul.