Affiliate Marketing: 7 Simple Steps To Earning Affiliate Commissions

Affiliate Marketing: 7 Simple Steps To Earning Affiliate Commissions

What is Affiliate Marketing?

Well simple, Affiliate Marketing is a process where the marketer enters a contract with a product owner. The marketer sells the product, and the product owner pays the marketer a percentage of the profits. I'm explaining this in simple terms to keep this article short and to the point. If you look around this blog, I will have another article on what affiliate marketing is in detail and will soon add a link to this post explaining affiliate marketing. But for now, lets get straight to discovering the 7 steps to Earning affiliate commissions.

o Step One: Find the right platform. What do i mean by finding the right platform? Well you need to find the right online store basically. Who ever you are an affiliate for, you need to make sure what they sell are legit and that there are no tricks hidden from not paying commissions to not delivering to customers. Some platforms i find trustworthy include Shopify and Amazon.

o Step Two: Find the right product. Finding the right product can be a crucial step in making affiliate sales, because in the end, if the product doesn't have a market demand, it just doesn't. Some things to keep in mind while searching for the right product include checking to see if the product is legit by buying one, checking product reviews for evidence of scams, making sure the product is legal, and making sure it delivers what it promises to the customers. If the product is popular, you may not even have to buy one to test it. If you can find the right product to sell, you have completed a large portion of the work.

o Step Three: Find the right Customers. Now we are getting into even deeper waters. If you already know what affiliate marketing is, you probably already know about the ultimate challenge that online Entrepreneurs especially beginners face in selling products. Wait for it....... wait for it...... GENERATING TRAFFIC!!! It can be an absolute battle against incredible odds in this age of internet madness. Everyone wants to gain peoples attention, some even pay for it, but you must not be a part of 'everyone'. You need to become part of the minority, the minority that actually generates traffic. Don't 'try' to generate traffic, do it. Learning to generate traffic however is another whole new topic. No matter how much I'd like to just tell you the simple way to generate traffic but I can't because there are just so many methods and strategies to generate traffic for diverse people that if i tried to fit all the methods I know in this one article, I wouldn't even know where to begin. If you would like an article on how to do so, make sure you let me know in the comments below and subscribe click the subscribe button to be alerted when it comes out.

o Step Four: Create your sales funnel/Direct your customers. Creating your sales funnel is essentially about steps you follow from identifying a potential customer right up to securing a purchase from your clients. Why is this so important? Why can't you just whack your affiliate link somewhere and let the customers buy. Well simple, they won't buy. Why would anybody buy from you in that situation? They just found your link on random and you want them to pay you for it huh? Tough luck. Think about it, If you can implement a funnel system where you can first attract potential customers who are already interested in the niche that you are marketing for, and introduce them to helpful information or products for free, are they not going to be more likely to purchase a product you recommended?
Also in your sales funnel, try to give your customers an option to subscribe to your mailing list! that way you have more potential customers for future products!

o Step Five: Sell the Product. Straight forward right? Well for a lot of people it is commonly a lot easier to say this than it is to do it. The best way to actually sell in the end, is to ensure that you are honest about what you are trying to sell, and to ensure that your sales page are trustworthy, welcoming and professional. If your sales page operates through a system created by the product owner and has not been done right, there is not a lot you can do in that case except find a different product to sell! You can make your own pre-sales page and link it to the product owner's sales page, make sure you use good color contrasting, a good layout and template, guarantee security for customer payment methods and provide them with refund details.

o Step Six: Collect your commissions. Well simple what i said, collect your commissions. However, it is wise to put aside some of your profits for larger scale re advertisement of the product.

o Step Seven: Evaluate and repeat. This is a crucial step in ensuring longer-term success with your affiliate marketing strategy. Evaluate Evaluate and Evaluate! Is your strategy actually working or not? If not, how do you increase its success? If you are spending money advertising, are you making enough on returns or is it a futile investment? You should set up tracking tools such as Google Analytics with your URLs so as to help you decide what is working and what is not, and where you are stuck. Always remember to evaluate your strategy at regular intervals, and keep in mind that if you don't know what you are doing wrong, you cannot set out to fix it!

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Good-luck!