Want to learn how to make money while sleeping from affiliate marketing, but don’t know where to start?
Affiliate marketing is about making a lot of profits without effort, right? At least that’s what you would believe in a quick Google search, but as always, the truth is a bit more complicated.
Yes, you can make money with affiliate marketing. Good money. And yes, you can actually make money while you sleep.
This article will show you how to make affiliate marketing successful and generate passive income.
This is a very detailed guide, so you can use the table of contents to navigate to the section you are most interested in.
But before jumping into a guide on how to make money from affiliate marketing, let’s clarify why you should take our advice in the first place.
Who Are We And What Do WE Know About Affiliate Marketing
Unlike other aspiring professionals and false prophets, we only preach what we are doing.
Our CEO, Syed Balkhi, is one of the best affiliate marketers in the world. We have created and managed several well-known publications that attract millions of visitors each month. These are probably familiar sites like WP Beginner and IsIt WP. And here’s what about these sites: they don’t really sell anything. So how do they make money?
Two Words: Affiliate Marketing.
Therefore, in this post, I’m happy to teach you the exact strategy you’re using in your publications to dramatically increase your sales in affiliate marketing.
But before we dive into the details, let’s clarify everything about affiliate marketing and how it can help your business.
If you are already a veteran professional, jump directly to our section on how to make money with affiliate marketing.
Table of Contents
What Is Affiliate Marketing?
Affiliate marketing is when an online retailer pays you a commission for the traffic or sales generated by your referral.
In essence, it’s a classic ad in an unobtrusive way. Instead of promoting your product on your website with visual ads
Just embed the product link in the content
So, do you mean you can create a website, put in a lot of affiliate links, and see affiliate commissions move in? It’s not perfect, but I’ll explain it.
For now, you need to learn the basics of how affiliate marketing works:
- You recommend products or services to your followers through your website, blog, or email list.
- Your followers buy products and services through your affiliate links.
- You will receive commissions for sales made through your affiliate links.
Let’s analyze this process in more detail so that you can understand exactly how to create a successful affiliate marketing strategy.
But first, before you start affiliate marketing, let’s take a quick look at two things you need to do.
What You Need to Start Affiliate Marketing
There are two things you need to get started with affiliate marketing:
- Create a website or blog in your niche
- Select the affiliate product you want to promote
Let’s take a closer look at these.
Creating a Website or Blog for Your Niche
To make money from affiliate marketing, the first thing you need is a website.
When it comes to building your website, the options are endless. However, I deeply recommend using WordPress. With
WordPress, anyone can quickly create a professional-looking website in minutes, even if they don’t know how to code.
WordPress also has many tools to make your website work at a higher level than other website builders. This means that your website will be more functional and your visitor’s user experience (UX) will be improved.
If you are curious about making money from affiliate marketing, WordPress is definitely your way.
After your website is created, you need to decide which product you want to promote. It brings us a second requirement to start affiliate marketing.
Choosing Affiliate Products to Promote
If you have a hard time choosing a niche, choosing an affiliate product to promote should be easy. Choose the product that fits your niche and is relevant to your content.
One of the best ways to choose an affiliate product is to join an affiliate network.
Affiliate Network is a company that connects merchants and affiliate marketers, both of which can make more money. Affiliate marketers use affiliate networks to make better product selections to promote on their websites.
There are many affiliate networks out there, but here are some of the most popular ones:
One of the benefits of affiliate networks is that they usually have a lot of data about product sales. You can then use this information to increase your affiliate marketing profits.
See helpful posts for more information: ShareASale Review: Make Money with ShareASale affiliate program
It’s a great opportunity to fine-tune your affiliate strategy whenever you can make informed decisions rather than “bringing your guts”.
Now that you have built your website and know the product you want to promote, it’s time to dive into our precise process of making money from affiliate marketing.
How to Make Money With Affiliate Marketing
Now that you have a website and joined an affiliate network, it’s a good time to start monetizing your website with affiliate marketing.
Let’s get started!
Create Content That Generates Affiliate Revenue
To make money from affiliate marketing, most beginners simply post random content and include affiliate links in their articles.
This strategy may or may not work, but if you really want to increase your affiliate revenue, you need to make sure that the content you post reaches your target audience.
A target audience is someone who wants to buy a product but doesn’t know if the product is worth it.
Users may not even know which product to buy to meet their needs.
Your job as an affiliate marketer is to help users find the right product for their needs with quality content, make a purchase decision, and go to the product website to complete the purchase. ..
This means that the article should target keywords that are intended for research. That is the type of keywords that Google uses to research the products they need before they buy.
For more information, see the guide on Link Promotion: Best Affiliate Marketing Promotion Method.
Products in the Content Promote Your Affiliate
Now you know what type of content you are creating. It is a survey. They are looking for topics that revolve around their target audience and are looking for answers to the problems they are facing.
Once you’ve completed your keyword research and got an idea for your content, include affiliate links in your content.
How to insert an affiliate link depends on the particular article you are writing. It doesn’t make sense to add affiliate links to 5 different products when doing a product review.
On the other hand, if you are presenting “Top 10 Tools to Solve X”, you need to include multiple affiliate links to increase your chances of increasing sales.
The goal is to place the links as strategically as possible.
Here are some tips to help you get the most out of your affiliate link placement.
- Link only to the right place: If it doesn’t fit your content, don’t add affiliate links. This has a negative impact on the user experience (UX) and results in a high loss of sales in the long run.
- Add links as soon as possible: If you have many products in one article, add affiliate products to the top of the list. Most people don’t spend time reading the entire article. You want to make sure they see your affiliate links early.
- Make more out of the space on your website: Use floating bars, inline banners, and sidebar widgets to promote your affiliate products. These increase the impact of your content and lead to more sales over time.
There are many options for this post, but the first few are affiliate links. This allows the user to explore all the options while increasing the likelihood that my affiliate link will be displayed.
Again, we want to promote our links as often and effectively as possible.
ProTip: Invest in affiliate link plugins before adding hundreds of affiliate links to your site.
Imagine you need to sort and update hundreds of expired affiliate links when you don’t know where you put them on your website.
You see hours of headaches and a lot of wasted profits from expired links you forgot.
Fortunately, this is a nightmare that can be avoided with the affiliate management plugin. And one of the best out there is link news.
Linking News is an affiliate marketing management website that helps you track affiliate links better. It’s easy to set up, very user-friendly (even for less skilled marketers) and can autopilot marketing.
We also camouflage affiliate links to make them short and nice to look at, making them easy to share between email and social media platforms.
And when the day comes when your partner asks you to update an old affiliate link, you can do it in minutes instead of days.
In addition, we have a great support team to provide support at every stage in case of problems.
Now that you’ve created the right type of content and strategically placed the link (while using the affiliate management website), let’s enhance it with a targeted conversion campaign.
Turn Your Visitors Into Affiliate Customers
One of the biggest mistakes new affiliate marketers make is assuming that if you want to increase your profits by a factor of 10, you need to increase your traffic by a factor of 10.
It doesn’t really work that way. This is good news for you.
For example, suppose you promote a product on your website that pays an affiliate fee of $ 50 for each sale. Also, imagine an affiliate conversion rate of 2%. This means that out of 100 visitors sent to this website, 2 will buy the product.
This means that you earn $ 1 per click (CPC).
(CPC = total affiliate sales / total traffic sent)
But what if you could send double the number of visitors to your affiliate product page? You can also double your affiliate sales based on your CPC value. And the best part … you don’t have to drive traffic to your website. Instead, all you have to do is set up a conversion optimization campaign to increase your sales. With conversion optimization software like WriterZen, you can increase sales by converting much of your existing traffic to affiliate customers. Undoubtedly, this is much easier than significantly increasing traffic.
This shows how WriterZen can help increase affiliate income.
Create a Popup Campaign That Promotes an Affiliate Product
Whether you like it or hate it … you can’t deny the fact that pop-ups work! Creating a
the pop-up campaign is the easiest way to get your visitors’ attention and turn more visitors into affiliate customers.
OptinMonster offers over 50 off-the-shelf templates to help you create the right campaigns for your affiliate products. From there, it provides many targeting rules and campaign triggers to help you get the right message to the right people at the right time on your customer journey.
This is exactly the strategy Top 6 Digital uses to increase affiliate revenue by 30%.
They had a website about child seats to help parents choose the right child seat for their child. When the reader leaves this page, the next campaign will be displayed on the screen.
This simple campaign was a huge success. It caught the attention of the audience and took them to the affiliate product page.
Display Campaigns When Users are More Likely to Buy
Targeting is very important when it comes to pop-up campaigns. With the proper targeting, you can show pop-up campaigns to the correct users at the right time. For instance, research reveals that the best time to show a pop-up is when the user is close to leaving the website.
OptinMonster’s exit-intent technology lets you display pop-ups promoting affiliate offers at the exact moment the user is close to leaving.
Customers use Exit Intent with page-level targeting to see a big number of results.
Page-level targeting lets you create affiliate offers on distinct pages of your website. Therefore, when a visitor reads one of your articles, you can show them a campaign to promote the same affiliate product they are promoting in that article.
The offers promoted in this promotion are targeted and are more likely to lead to conversions than regular campaigns.
WordPress hosting company FlyWheel actually used page-level targeting to increase engagement by 660%. Take
the fitness company Crossrope as an example. They increased the mailing list by more than 900% by catching traffic drops in exit-intent popups.
Optimize Your Existing Traffic for More Revenue
This next step comes from a strategy driven by the so-called “80/20 rule”.
The 80/20 principle, in this case, shows that 80% of the profit comes from 20% of the content. This is not an accurate indicator, but the rationale is clear.
Identify high conversion rate content and make it a priority for affiliate campaigns.
Once you find that a particular post or video is sympathetic to your audience, you can use OptinMonster to create targeted campaigns to increase your affiliate sales.
This is a much better action plan than blindly creating a campaign for every page of your website. How to get started
Go to the Google Analytics dashboard, identify the articles that bring the most content, and then create targeted campaigns for those URLs.
And if you want to liven up the game, consider Monster Insights.
MonsterInsights is the world’s leading Google Analytics (GA) plugin. Many marketers like the idea of collecting data from Google Analytics, but they are confused, frustrated, and threatened by the GA interface.
Instead of wasting all your valuable information every month, you can deliver the same data directly to your WordPress dashboard. This includes reviews of the top posts on the site.
Once you’ve decided which posts will generate the most traffic, you can optimize your content and conversion campaigns to generate more affiliate revenue.
This strategy allows you to always prioritize the most profitable content. This means that you can save time and increase sales in the most efficient way possible.
Grow Affiliate Revenue from Your Email List
No matter how you look at it, email marketing is still and will always be the best way to earn passive income. All other methods are inadequate in certain respects. The
SEO is excellent until Google adjusts its algorithms and ranking terms. Paid advertising can deliver fast results if you have a budget that fails to reach the top. Nevertheless, paid ads always need to be careful to keep conversion rates high.
But your email list is always your source of main traffic.
In addition, it is full of people who are interested in your niche and are already concerned about your content. That implies that you know that they are interested in your niche and they make a wonderful audience for your affiliate marketing campaign.
This is the only issue with email marketing. Most business owners struggle to grow and maintain their contact list to the point where monetization makes sense.
This is where Optin Monster comes in.
OptinMonster is the best way to create conversion campaigns with pop-ups, floating bars, full-screen welcome mats, and more. Just as you can use the
conversion campaign to send traffic to affiliate links, you can also use them to grow your email list.
You can create targeted pop-ups, floating bars, full-screen welcome mats, and more to attract website traffic with lead magnets.
In exchange for these lead magnets, the user will tell you your email address. The following is an example of an opt-in campaign that you can use to grow the list.
Don’t know what a lead magnet is or how to make a lead magnet? Check out this post with 69 lead magnet ideas you can use today. After creating the
mailing list, you can send an automated campaign with embedded affiliate links.
Before you start, be sure to read this post about creating affiliate email marketing campaigns. Whether you use the
mailing list to drive traffic to high-conversion posts or direct users directly to affiliate links, email marketing is a great way to increase your sales.
Again, the best tool for this job to add to the list is Optin Monster.