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The first thing that you need to do in order to get started with affiliate marketing is to determine the niche (products category) that you will like to promote. It is crucial that you do this step right and take your time to do good research on the product and your chosen audience. Good market research will help you to determine whether your product is worth promoting or if you will be better off promoting something else.
Some of the best niches to get into this year are:
Evergreen niches- Evergreen niches are product categories that can be sold all year round to a large demographic. People from all over the world want to lose weight all the time, therefore this could be a really good niche to get into. Other evergreen niches are, hair loss, acne, dog training, dating, finance, self-help, etc. Keep in mind that evergreen niches then to have higher competition as many marketers know that there is a high demand for them, but if you add your own spin and creativity, you can set yourself apart and earn great money by promoting them as an affiliate.
Seasonal niches- seasonal niches are product categories that can only be sold within a certain period of time or to a certain demographic. For example, if you get into the Christmas tree and décor niche, you will only be able to make good sales between the months of November to January. Other good seasonal niches are Halloween, Fourth of July, and back to school month.
Trends- This is one of the best ways to make good money online and do it fast. A trend is a certain product or service that is quickly becoming, or has quickly become popular. Many internet marketers have been able to generate large amounts of money by catching a trend during its beginning. Trends can be very profitable for affiliate marketers, but you must know how to identify them early. Use tools like google trends or other similar software and keep an eye on social media in order to identify them.
Viral products- These are products that gain overwhelming amounts of popularity within a very short period of time. These viral trends can last for as little as month to as long as a year. A good example of a viral product is the famous fidget spinner. These little toys gained a wide popularity among kids and even some adults. Catching a viral product in and promoting it during its infancy, can be a good as winning the internet lottery.
Tip- One quick way to find out if you have a marketable product is to look for competition. If other marketers are already promoting your product or other products similar to yours, it could mean that there is money to be made within your niche.
The free and paid methods
There are three methods that you can use in order to get started with affiliate marketing. You can either get started using free, paid or both methods.
The method that you choose to use will have a direct effect on the amount of time that it can take you to see results.
See it this way, if you lived and L.A but wanted to get to New York, there will be more than one way to do it.
If you wanted to get there fast, you can buy a plane ticket, which can cost you money, but you can make it there in a few hours.
Or
If you wanted to get there and didn’t mind how long and how much effort it took you, you can take the journey by foot, which will save you money, but it can be months before you arrive at your destination.
My point is that regardless the method you choose to adopt, you will have to sacrifice something one way or another.
You can either invest a few dollars to buy tools that can make your job a lot easier and achieve results faster, or you can “save” a few dollars, do everything by hand and sacrifice valuable time and effort to hopefully see results after months, or even years.
Nevertheless, I don’t want to discard either one of these methods, people have made money using both and you will have to decide on the one adapts best to your goals or current financial circumstances. In order to help you make a more informed decision, here is a more in depth explanation or each.
Free Method
Free methods can take a bit more work and obtaining results can be slower than if you use paid methods, but it is indeed still very possible to create a lucrative affiliate marketing business using free resources.
The only real advantage about getting started with affiliate marketing for free is that it can save you a few bucks, other than that I can’t think of anything else that could be beneficiary in only using this strategy.
In order to make a free method work, you will have to do it right. As mentioned, getting started for free will require some patience, as well as a good strategy. Here is a free strategy that you can use to get started right away:
Some of the best niches to get into this year are:
Evergreen niches- Evergreen niches are product categories that can be sold all year round to a large demographic. People from all over the world want to lose weight all the time, therefore this could be a really good niche to get into. Other evergreen niches are, hair loss, acne, dog training, dating, finance, self-help, etc. Keep in mind that evergreen niches then to have higher competition as many marketers know that there is a high demand for them, but if you add your own spin and creativity, you can set yourself apart and earn great money by promoting them as an affiliate.
Seasonal niches- seasonal niches are product categories that can only be sold within a certain period of time or to a certain demographic. For example, if you get into the Christmas tree and décor niche, you will only be able to make good sales between the months of November to January. Other good seasonal niches are Halloween, Fourth of July, and back to school month.
Trends- This is one of the best ways to make good money online and do it fast. A trend is a certain product or service that is quickly becoming, or has quickly become popular. Many internet marketers have been able to generate large amounts of money by catching a trend during its beginning. Trends can be very profitable for affiliate marketers, but you must know how to identify them early. Use tools like google trends or other similar software and keep an eye on social media in order to identify them.
Viral products- These are products that gain overwhelming amounts of popularity within a very short period of time. These viral trends can last for as little as month to as long as a year. A good example of a viral product is the famous fidget spinner. These little toys gained a wide popularity among kids and even some adults. Catching a viral product in and promoting it during its infancy, can be a good as winning the internet lottery.
Tip- One quick way to find out if you have a marketable product is to look for competition. If other marketers are already promoting your product or other products similar to yours, it could mean that there is money to be made within your niche.
The free and paid methods
There are three methods that you can use in order to get started with affiliate marketing. You can either get started using free, paid or both methods.
The method that you choose to use will have a direct effect on the amount of time that it can take you to see results.
See it this way, if you lived and L.A but wanted to get to New York, there will be more than one way to do it.
If you wanted to get there fast, you can buy a plane ticket, which can cost you money, but you can make it there in a few hours.
Or
If you wanted to get there and didn’t mind how long and how much effort it took you, you can take the journey by foot, which will save you money, but it can be months before you arrive at your destination.
My point is that regardless the method you choose to adopt, you will have to sacrifice something one way or another.
You can either invest a few dollars to buy tools that can make your job a lot easier and achieve results faster, or you can “save” a few dollars, do everything by hand and sacrifice valuable time and effort to hopefully see results after months, or even years.
Nevertheless, I don’t want to discard either one of these methods, people have made money using both and you will have to decide on the one adapts best to your goals or current financial circumstances. In order to help you make a more informed decision, here is a more in depth explanation or each.
Free Method
Free methods can take a bit more work and obtaining results can be slower than if you use paid methods, but it is indeed still very possible to create a lucrative affiliate marketing business using free resources.
The only real advantage about getting started with affiliate marketing for free is that it can save you a few bucks, other than that I can’t think of anything else that could be beneficiary in only using this strategy.
In order to make a free method work, you will have to do it right. As mentioned, getting started for free will require some patience, as well as a good strategy. Here is a free strategy that you can use to get started right away:
- Create accounts on free social media platforms such as Facebook, YouTube, Twitter and Instagram.
- Join multiple Facebook groups related to your niche.
- Give as much value as possible to those groups. Don’t sell anything at first, simply take time to answer people’s questions, like other people’s posts, be friendly and create new connections.
- Once you have gained people’s trust, begin to share links to your other social media accounts and encourage people to follow you.
- After you have created a good following on your own pages, you can start promoting affiliated products or services.
- Start making some money.
- Rinse and repeat from step 3.
You can combine multiple free methods at once. For example, you can create a YouTube channel or a free blog using platforms like wix or weebly and upload great content related to your niche, then post the links to this content on the Facebook groups.
YouTube is not only a great way to get free traffic, but also to build an audience. You can also join Facebook groups in your niche to find out what topics people are most interested about. Then, once you know that they want, you can use this information to find products or create content that fill these interests. This method could be a great way to drive larger amounts of traffic to your content and increasing the possibility of making affiliate sales.
Note- in order to make good money with affiliate marketing by using free methods you will need a very sizable following on your social media pages.
Like I said earlier, free methods can take you a bit longer and involve a bit more work at the beginning, but if you truly don’t have the money and don’t mind putting in the extra hours of work, it is a great way to get started.
The Paid Method
This is the method that I use and has given me the best results, and I highly encourage anyone serious about getting into affiliate marketing to use this approach instead.
Investing some money into your affiliate marketing business will enable you to grow your business at a much faster pace. With just a few bucks a month, you will be able to get access to tools that will make your life 10x easier, and allow collect data and reach your goals a lot faster.
The amount of money that you invest into getting started with paid affiliate marketing will depend solely on you, and you will use most of your money on purchasing traffic. If you don’t intent to buy traffic, you can get started with as little as $12 a month for hosting and a domain and using free traffic methods to promote your content, but this can still take a lot of work and time.
In ordet to get started using the paid method, you will need a few tools. These tools are assential because they allow you to systemize the entire process and open up doors that could enable you to make money on auto pilot.
Here are the tools you will need access to in order to do paid affiliate marketing the right way.
Offer - This is the product that you will promote to earn a commission every time you generate a sale. These could be physical or digital products and services.
Website or op in page - The website can be a blog where you write articles about you chosen niche or recommend products within the content of your articles for your readers to purchase.
A capture page, also refered as lander, landing page, or squeeze page, is a page specifically designed to capture someone's infomation such as their email or to provide extra information about tge product. In my opinion, capturing email address is extremely important and a part of your marketing strategy that you can't leave out.
Traffic - These are the people that could be interested on your products. You can get traffic by purchasing it or for free.
Click tracker - This is software that allows you to track the nunber of people that click on your link. This tool is essential in order to scale your business to thousands of dollar a day as it help you to identify what works so that you can scale it.
Autoresponder - the autoresponder is the tool that will allow you to send automatic emails to people who sign up to your email list through your landing page. We will discuss more about the important of creating of email list and how to connect it to your autoresponder in the sections below.
The amount of money that you invest into getting started with paid affiliate marketing will depend solely on you, and you will use most of your money on purchasing traffic. If you don’t intent to buy traffic, you can get started with as little as $12 a month for hosting and a domain and using free traffic methods to promote your content, but this can still take a lot of work and time.
In ordet to get started using the paid method, you will need a few tools. These tools are assential because they allow you to systemize the entire process and open up doors that could enable you to make money on auto pilot.
Here are the tools you will need access to in order to do paid affiliate marketing the right way.
Offer - This is the product that you will promote to earn a commission every time you generate a sale. These could be physical or digital products and services.
Website or op in page - The website can be a blog where you write articles about you chosen niche or recommend products within the content of your articles for your readers to purchase.
A capture page, also refered as lander, landing page, or squeeze page, is a page specifically designed to capture someone's infomation such as their email or to provide extra information about tge product. In my opinion, capturing email address is extremely important and a part of your marketing strategy that you can't leave out.
Traffic - These are the people that could be interested on your products. You can get traffic by purchasing it or for free.
Click tracker - This is software that allows you to track the nunber of people that click on your link. This tool is essential in order to scale your business to thousands of dollar a day as it help you to identify what works so that you can scale it.
Autoresponder - the autoresponder is the tool that will allow you to send automatic emails to people who sign up to your email list through your landing page. We will discuss more about the important of creating of email list and how to connect it to your autoresponder in the sections below.
How to Make Your First Million Dollars Online With Affiliate Marketing - Alex M
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