What is affiliate marketing and how does it work?
A simple affiliate marketing definition is selling someone else’s product and receive a commission for a sale.
While this type of business is regarded as one of the easiest forms of business that you can start part-time while you are working a full-time job. It is done online using a computer or a cell phone. Once you see commissions coming in your account that is when you scale up.
Join an affiliate program
It is easy to start affiliate marketing by joining an affiliate program. By using Google, just type the name of the product that you want to promote and add affiliate program.
You will notice that there are many affiliate marketing programs that will pop up and you just have to go through them one by one before you sign up for the one that appeals to you.
Factors to put into consideration
There are a lot of factors here to put into consideration, for instance, the type of niche that you want to go into.
Is there competition? Competition is good because it is an indication that there are buyers in that niche.
Be careful of getting the wrong advice
Most people get the wrong advice from the so-called gurus who say that you must promote products that interest you or products that you are passionate about.
I personally do not advise anyone to build a business or promote a product just because they are passionate about it. At the end of the day, the main reason why you got into business is to make money, so it is important to promote products that have ready buyers so that you can make some money.
There is a big problem of information overload coming through from left right and center. Information about products claiming that you can start making a lot of money overnight without any hard work. This is a BIG lie. We have all been there and we have all been lied to. Most of us have wasted a lot of time and money in the process.
I spent more than three years following the so-called internet marketing gurus who claimed to be making thousands of dollars a day and they convinced me that I would do the same. Only to discover that I was actually making them rich through buying their products or courses one after another (the shiny object syndrome).
Believe it or not, I only made 2 sales during the course of three years. I spent countless sleepless nights having no rest or spending time with my family.
I got a wake-up call when I got sick and was broke at the same time with nothing to show for it. That is when I realized that I was going nowhere with this kind of life. Somehow at the back of my mind, I knew that there was a missing part of the puzzle that we were not being told.
A good friend advised me to seek the services of a mentor and I had to start all over. Most of those scammers had gone off the grid by then and most people also started realizing that they were being scammed after all. It made me sick to realize that through those lies they made a lot of money while many people wasted their money believing in them.
Products that help solve a problem
You can start off by doing research on products that people buy the most. From my experience, as long as you promote products that solve a problem, and add value, you are good to go.
In my opinion, the three popular niches that you can promote as an affiliate and make money from are mainly Health, Wealth, Relationships.
Respectable internet marketers
There are still some respectable internet marketers out there who are teaching people the right way to make money online. They are providing value to those who are willing to learn and do the work. You can save time and money avoiding making rookie mistakes that I did by using a tried and tested system.