How To Start An Affiliate Marketing Business

How To Start An Affiliate Marketing Business

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If you’re currently researching how to start an affiliate marketing business, you’ve made a good choice because affiliate marketing is still providing opportunities to earn money from home. In fact, it might be the success stories that have persuaded you to start the business. However, how did they go from having the same idea as you to making enough money from home to support a family and pay all the bills?

Today, we’re going to explain exactly how you can follow the same path but we should preface this guide with a warning. If you’ve chosen affiliate marketing because you’ve been told you can work a couple of hours a day and own a sports car in under four weeks, you’ve been sold a lie. While some people eventually earn enough to reduce their working hours, they first had to go through a period of hard work and determination. If you aren’t willing to give the business your all, you aren’t going to see results; keep this in mind while you’re considering this business idea.

As long as you have self-motivation and will find it easy to get out of bed in the morning, you’ll be in a great position and we can’t wait to help you get started!

Step 1: Select A Niche
Niche

Before building a website and reaching out to consumers, you first need to decide on a niche in which you’ll operate. Nowadays, there are thousands of niches that provide an opportunity to earn money. When people ask us how to start an affiliate marketing business, we always say that we can’t help them unless they first know which market they want to explore. If you already have this information, feel free to skip to the next step.

Although it’s easy to feel a little overwhelmed, we suggest starting with two key questions; what am I passionate about and what do I have knowledge of? Once you have a short list, you can then ask whether there’s money in any of these ideas. Sure, you might enjoy talking to your friends about the different materials you can use while sewing but this is no good if there isn’t an audience out there.

While making this decision, you also have to question whether you could see yourself creating content on this particular topic. While you might enjoy golf or pasta, can you see yourself writing 100 blog posts about the topic? After this, you can investigate the market, how many marketers already exist in the field, whether there’s room for one more, etc.

Step 2: Check For Affiliate Programs
Search Affiliate Program

Once again, we’re not building a website just yet because you need to know whether there are any worthwhile affiliate programs in the market. After building a following and working hard for weeks/months, the worst thing would be to find out there isn’t an affiliate program worth pursuing. Not only can you check that Amazon and similar sites sell products for your niche, you should also look for specialized affiliate programs.

Additionally, the fact they exist isn’t enough so are other marketers using the platform, how much commission will you make (will this ever increase), are the products good enough to tie your name to the brand, and does the program provide support? As you can see, the ‘how to start an affiliate marketing business’ question is more than just starting a website and blogging every day. Before any of this, you need to conduct extensive research otherwise you’ll fall into the traps that have caught out many before you.

Step 3: Create A Website
Create Website

For many years, these three words were daunting but the process of creating a website these days is incredibly simple. With so many platforms that allow you to build a website using a theme within minutes, you don’t need to panic over this process. Before jumping into this step, however, be willing to take your time and research the best platforms on which to start your website. Once you’ve sorted the hosting with a reputable company, it will then be a case of installing WordPress and choosing a theme for the website as discussed.

Step 4: Create Brilliant Content
Add New Content

If you need to know how good your content needs to be on a consistent basis, we urge you to visit the blog/website of your competitors. If you want to mix it with these guys, your content needs to be just as good (if not better!).

Ultimately, the main goal of this process will be to become the authority site within your niche and this comes with a few things. Firstly, consistency is important to get into the habit of uploading every other day or however often you feel comfortable. If your readers know exactly when the next post will go live, they’ll start to feel a familiarity towards your brand and it becomes a constant in their lives.

Once you have a good schedule, the next step is to mix up the content rather than producing the same type of thing every single time. For example, why not try product reviews, opinion pieces, collaborations, simple blog posts, research posts, interactive posts, and more? All things considered, people will be taking time out of their busy lives to visit your blog so what will you offer in return? As long as it’s genuinely useful or funny, you’ll instantly have their attention so this is a good starting point.

Step 5: Build a Readership
Crowd

Rather than just producing your content and then hoping for the best, you need to promote it and share it across all your different platforms. As you start to take advantage of Facebook, Twitter, Instagram, and other platforms, you’re making yourself easier to find. With the use of hashtags and regular sharing, social media will be your best friend as you progress.

Furthermore, you could also consider building an email list, guest posting on similar high-traffic blogs, working with influencers (like YouTubers) in the market, investing in paid advertising on a number of platforms, and using SEO techniques to boost your website up the search engine rankings for important keywords.

Step 6: Earn Some Money
Money

After following the first five steps on how to start an affiliate marketing business successfully, you should now be at a stage where earning money is possible. Using your research from the second step, get in contact with the affiliate marketing programs and tell them all about your following. If it’s sufficient, they’ll allow you to earn commission for advertising their products.

All this time, you’ll need to continue with the high-quality content but now your website will feature product reviews, banner ads, email promotions, giveaways, competitions, in-text content links, discounts, and so much more. The more people click on your ads and buy the product(s), the higher your earnings will be.

Step 7?

If you achieve success and there’s a potential to do it all again, why not move into a second market and see if you can match the success of the first? Of course, don’t do this if you don’t have the resources to look after your first website otherwise this will suffer and all your hard work will be undone. If you can do it, your earning potential will be limitless!

I hope you enjoyed this post and if you have any questions about how to start an affiliate marketing business or you just want to leave your own personal experience, leave a comment below. I would love to hear from you!

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About Moni

I'm Moni, founder of Online Income News. This site was created to help you learn how to make money online. My team and I search and review online money making or business opportunity programs. I only recommend programs I feel are top legitimate making money programs. I also tell you which ones to avoid. You can learn more on my About Moni page. Feel free to connect with me through this site or through the social media icons in top menu, and If you want to LEARN and EARN on the internet from the comfort of your own home from anywhere on the planet check out My #1 Recommended Program

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8 Comments on “How To Start An Affiliate Marketing Business”

  1. This is an amazing post, especially the Readership part. I find that this is the hardest step most of the time. Thank you so much!!

    1. Hi Fai.. thank you for stopping by and taking the time to comment.
      You are right the most challenging part can be getting a readership.
      My advice is to just keep providing valuable content to help your readers and in time you will build up a following of readers.
      Just focus on helping your readers solve the challenges they may have and the rest will follow!
      Wish you much success!
      Moni

  2. Hey Moni, I think your first step with regards to choosing a niche that you are truly passionate about is crucial to succeeding in affiliate marketing.
    Reasons being: It’s pleasurable writing articles that you have a particular interest in, it makes your home-based job an enjoyable role plus you interact with visitors so much easier, making your website appear friendly & highly engaging meanwhile to attain the first page status of search results in order to accomplish a steady stream of traffic can only be achieved by writing regular articles to prove to the likes of Google that your website’s up to date and producing relevant content, in return website rankings increase and conversions multiply. A passionate niche eases the process.
    Thanks for the 7 steps, a wealth of information for getting started,
    Simon.

    1. Hi Simon.. thank you for stopping by and taking the time to comment.

      Simon you are 100% right in what you say and being in a niche you are passionaie about certainly makes the challenging times easier when you are building your online business. Online business, like offline business, takes time to build and everyone goes through the ups and downs while building their business.

      The main reason why we love Wealthy Affiliate is the fact their platform helps people turn their passion into a thriving online business. They provide the 3 things needed for online success, Education, Website and Expert Help. The 1.2 million strong community to support you in your challenging times is also a great help!

  3. Thanks for the creative and informative content, Moni! It’s truly a wonderful opportunity to have affiliate marketing tips serialized and analyzed this way. Your article explained affiliate marketing from scratch to conclusion in a simplified manner.

    Not only that newbie bloggers would find it a sought-after article, the veteran bloggers who have missed out certain tips especially on choosing the right niche at the start of the business will find it indispensable too. Kudos!

    Cheers,
    Israel Olatunji

    1. Hi Israel.. thank you for stopping by and taking the time to comment.
      I appreciate your kind words and I am very happy you found some value in the article.
      Wish you much success!
      Moni

  4. These are some great tips on how to start an affiliate marketing business. Personally, I love the affiliate marketing model. It is truly an awesome way to earn a full time income from home. There is really no limit to how much you can earn.

    I also have found that being passionate about a topic and having some knowledge of it are true keys to success when getting started.

    I love your points about building a readership. There are so many ways to do that effectively and you have given some great ones. Probably one of my favorite is SEO. I do not mind using social media or even paying for traffic, but there is something to be said about a prospect that finds you organically. That is a prospect that in most cases is looking for what you have to offer.

    Thanks for sharing such awesome content with us.

    1. Hi Nate.. thank you for stopping by and taking the time comment.

      For me Affiliate Marketing model is the best model for anyone who wants to start an online business.

      Affiliate Marketing really does create a win-win for all concerned. The seller gets a sale through the affiliate marketers advertising efforts without any upfront advertising costs, the affiliate marketer makes a healthy commission without any investment in stock and the customer gets the product/service.

      For anyone looking to start an affiliate marketing business our top recommendation is Wealthy Affiliate for the fact their platform helps people turn their passion into a thriving online business. They provide the 3 things needed for online success, Education, Website and Expert Help. The 1.2 million strong community and the owners support gives anyone the best chance of success online!

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