Make Money By Affiliate Marketing As A Student | Work from home

Do you want to make money while sleeping or without doing ant work? So, affiliate marketing is one of the best answers to making money while you sleep.

Affiliate marketing has made businesses millions and people millionaires. - Bo Bennett

So, you must be want to become an affiliate marketer. And if it is, then you are at the right place to know about affiliate marketing and start it today.

I have mentioned pathway step by step starting affiliate marketing and also mentioned some shortcuts to make money by affiliate marketing.

Now, without any time waste, let's move onto the first step to know affiliate marketing.

What is Affiliate Marketing?

It is not a hard term to understand. Believe me, it is not rocket science😂.

It's just simple that you help someone to make a sale of his product and you will get some part of the sale as a commission.

Yes!! It is as simple as that.

The main concept of affiliate marketing is this.

You promote/market other's products ( can be physical or digital ). If anybody buys the product through your link, you earn a commission based on the cost/price of the product.

Hence, your main job as an affiliate (affiliate marketer) is only marketing/promoting the products of the merchant (who is the producer/manufacturer of the product).

So, you are acting as an intermediate of merchant and customer (who is going to buy your promoted product).

Now, there are two choices for you. You can either promote things through an affiliate network or find a company, you would like to promote their products/items.

We will talk later about affiliate networks later on (no worries👍).

Thus, the whole model of affiliate marketing looks like this:

So, the first step of understanding affiliate marketing is completed.

Now you will say, that you know already about affiliate marketing this much. And you will be asking how can you market affiliate products?

No worry brother, I will talk everything about affiliate marketing here. You will get many tips for promoting and starting a roadmap to start as an affiliate.

You must be wanted to know that how much can you make by affiliate marketing. So just take a look below. 

How much can you make by affiliate marketing?

Since it is totally based on your traffic, the more you have traffic, the more you will earn!!

It doesn't have a consistent income. In some months, you will earn more while there will be months when you just a little money. But the best part is that it is a passive money source.

Some affiliates earn $300/day, some $3000/day, and some even can earn up to $10000/day (but they are legends or you can say gurus of affiliate marketing).

It totally depends on what is your nice, how big your audience is, what strategies have you implemented?

It is a whole game of persistence. It will not generate money in a few days or 1-2 months.

If you applied all the right strategies consistently, then you can expect to earn some money in 2-3 months. Some take 6 months or some even 1 year to start earning money. 

And I think making money by affiliate marketing worth this much time as it is a passive income source and you are thinking you can start earning while sleeping in only a few days or weeks. No brother, it can't!!

But you will get a full pathway to become an affiliate marketing and yes!! (some shortcuts also).

Before that let's see what are some affiliate programs and what is an affiliate network.

Popular affiliate networks

Since, you know all the terms- merchants, affiliates, and customers. So, from where this affiliate network comes in?

See, an Affiliate network is nothing but an intermediary between merchant and affiliate.

In simple words, an affiliate network is a place where many merchants or companies are available in need of marketing their products.

So, you/affiliate goes to an affiliate network (where the database of lots of products are available) and chooses the product you want to promote.

Now you are clear with what is an affiliate network.

Let's dive into some popular affiliate networks of 2020:

• ShareASale
• Clickbank
• CJ Affiliate
• Amazon Associates
• eBay Partner Network
• FlexOffers
• Pepperjam
• Rakuten Marketing

Road map to become an affiliate marketer

So, here is the part you were looking for. After knowing all basics, let's start doing some practical work.

So, you want to make a good passive income through affiliate marketing. Right?

Thus, for this you know very well, you would require an audience who will be interested in a specific niche/topic.

Ok, then now the question arises- How to build audience??

See, there are many platforms to build an audience like you can start a blog website (which I feel the best option), a youtube channel, You can start a social media page (Facebook group, Instagram page, Pinterest and twitter). 

There are more methods from where many affiliates promote products like Quora and Reddit. But the above platforms are more scalable.

But before anything else:

REMINDER: It takes time to build an audience, so please who are patient enough, only those come into affiliate marketing. And yes, one more thing, there are many advantages of building an audience, so don't worry, it worth your time and effort.

So let's see how you can start a blog website for affiliate marketing: 

Step#1: Choosing a niche

Before you start making your site/channel/page, you must choose a niche you are going to target. It means which specific part of a particular industry you are going to target.

Most people are confused about it only, they can't figure what to choose and as I had told you that it is a long journey, so you should never give up.

So, to choose the right niche, consider the topics/areas you are passionate about.

Yes, following your passion is recommended but make sure whether niche has money or not, is there enough demand for products or affiliate programs in your niche.

And also, check the completion in your niche, can you be able to appear on the first page of google search or not.

Here is the overview of finding your niche:

Step#2: Choose your affiliate products, companies, and networks

Now, you know what is your niche, so search for the best affiliate programs in your niche. Also, consider the types of sellers who use the affiliate program and the commission you will be likely to make from their products. Check the customer support you expect from the network once you signed up.

Step#3: Set up your website or channel or social media platform

Here comes the starting of real work - Setting up the platform you are going to build platform.

Choose one out of the blog, youtube channel, social media, to begin with, and then expand more as you gain experience and knowledge.

If you decide to start a blog, then you can find steps anywhere on the internet to set up a blog. Though it has simple steps- Buying a domain, Buy & set up hosting, Install Wordpress, and an attractive theme.

And starting a youtube channel or social media page is easier than setting up a blog.

Now, your platform is all ready to work on.

Step#4: Set up your email capture and email marketing system

Yes, it is an important step. Since making an email list is very important and you should focus on it from beginning only.

Set up an email collection form on your blog, or you can provide a landing page on your channel or page to collect emails. And connect to your email service provider (ESP).

Giving free valuable products like mining courses, ebooks, email series, and guides is a popular way that many affiliate marketers use to build an email list and increase traffic to their platforms.

Step#5: Start posting high-quality content

Its time to provide content to visitors. You need yo create interesting and engaging content for your platform.

Make sure you implement the right strategies like good SEO for the blog, right tags for your channel, and page.

The more product reviews, articles, visitor feedback, and information you have on your platform, the more you will attract visitors.

Note that Post only 100% unique and relevant content. Don't copy the content of others.

Be consistent with publishing content, don't be panic if you don't see any results in beginning.

Step#6: Review statistics and analyze

Now comes the improvement process. Review the stats that when you send your first email or newsletter, what was the open rate, click-through rate, deliverability, and bounces. 

It will tell you where you lagging behind and what improvements can you do in later posts.

Analyze which post is getting maximum likes or clicks, which emails are maximum opens, find out what the public is liking the most, which type of content is going viral.

Try to duplicate those strategies and remove those which didn't work well for you.

Step#7: Test, retest and repeat

Since it is a long learning journey, so you should implement new methods and try different growth strategies for your platform.

Eliminate that didn't work and repeat that work well. It is a process of improving all the time.

And the most important thing, continue adding value by promoting products. Some of the popular ways of promoting affiliate link include writing honest product reviews, using in-text content links, email promotions as well as offering good discounts and giveaways.

See, this seems simple but is actually hard as there will be several times when you think of quitting as you can't see any results in the beginning. But here is only the difference between successful and others that successful people just try one time more than others.

Winners never quit, Quitters never win.

So, don't be panic, just work hard, be persistent, and learn from mistakes and failures. Be patient you would see sweet results one day.

Shortcuts for marketing your affiliate link

Conclusion

So, now you are ready to start affiliate marketing. You know where to start and how to do affiliate marketing. You also know the shortcuts to market your affiliate link.

It is simple but not easy, as it takes effort and time. Always remember that

Believe in yourself, work hard and never give up. -Mark Hamill

If you have any doubts regarding affiliate marketing, feel free to ask me in comments. Or if there is anything you think I should add on, please tell me in the comments 👇.

Tell me, Which platform do you choose to build an audience or market your affiliate link? I would love to hear that.