When people hear of making money with affiliate marketing, they only think about one way which is signing up as a publisher and trying to get interested people who will pay them for advertising on their websites. However, that’s just one way of making money as an affiliate marketer! there are 3 major ways you can make money from affiliate marketing you probably don’t know about yet. You can make money with affiliate marketing as a publisher, an advertiser or as an owner of an affiliate network. More interestingly, you can actually try all the three out instead of limiting yourself to just one method.
In this tutorial, I’m going to share with you the 3 Ways to make money with affiliate marketing.
Which are: How to,
- Make Money with affiliate marketing as a Publisher.
- Make Money with affiliate marketing as an Advertiser.
- Make Money with Affiliate Marketing as an owner of an affiliate marketing Network.
If you are a beginner to affiliate marketing, one thing you must note is that affiliate marketing is not a get rich fast scheme.
Related: Affiliate Marketing For Beginners
We are going to take the listing from the bottom to the top so continue reading, however you can easily navigate to your part of the interest in this blog post by using the TABLE OF CONTENT. Let us begin.
How to Make Money with Affiliate Marketing as a Publisher.
This method is the most downtrodden method, however, only a few people explore all the potentials of making money online, even with this method. I believe this is because most people are creatures of habit.
They identify one method of doing something and they never strike from that path, even they notice the income isn’t what they expected it should be. The truth is that when you limit yourself to a single advertiser, you won’t be able to explore the potentials in affiliate marketing that might be the best for your niche audience.
When we say you can make money from Google Adsense, however, is not the only ad network out there, you may sacrifice all your time in the process of creating content that will be accepted by Google Adsense and push search engines to serve up high rate on ads that appear on your site. The question is, Why not sacrifice that same time in creating high-quality and helpful content for your audience? and then search for other ad networks such as AdThrive or other great independent affiliate banks that might offer you a bigger return on the time you invested (Better ROI).
The target is not to join the biggest network but rather to understand your audience. To make money as a content creator (Publisher) is to match your audience requirements to the offering that best match their needs. Here, no keyword research is required because is a must for you to know your audience needs based on how they interact with your content.
Let’s assume you have a blog or website that focus on fitness and Gym. You can signup for multiple affiliate programs that offers everything from Gyming equipment to sports clothing and all sorts of fitness and gym related products. All you need to do is locate those offers and create content on them and publish it on your website so you earn a little commission whenever your audience make any purchase. The best method I recommend here is to join an affiliate bank so you can get almost all the offers you want there and get all your money paid to the same dashboard.
This method is officially for those who already have a website or a Youtube Channel. But I highly recommend you get a website so you can include links in your article, and post other ads banners. If you are looking for the best and most affordable host to use, kindly click here to get up to 70% off HOSTGATOR.
How to Make Money with Affiliate Marketing as an Advertiser.
Now, let take a lot at this, Why would Advertisers pay you to publish if there wasn’t money in it for themselves? Honestly, the return earned by the advertiser can be a whole lot higher than that of the publisher, however, not everybody figures this out when thinking about how to make money with affiliate advertising. What they actually think is that they are the affiliate publishing partners and not the advertising partners.
It can pay very high to be an affiliate advertiser who has created an affiliate program for their services on products. Note, you are not paying a team of sales agents to market your products without getting results, whether the result is an online exposure, leads or probably sales. The best and most recommended strategy to make money for advertisers is to make use of Cost-Per-Action ( CPA ) because that’s the only way you can measure the return of your investment in a quantifiable way.
For that, you will have to acquire lots of credibilities to be accepted into a CPA network and you will also need enough upfront cash to pay for all minor fees associated with the program. Whiles the return for setting up an affiliate program as an advertiser are more than as a publisher, it also requires more cash to start. That’s the major reason most people don’t realize that there is money in advertising, else, people wouldn’t be doing it, but it actually requires more to uplift.
How to Make Money with Affiliate Marketing as a Network Owner.
Let us say, you are very technically savvy and you have a little bit of money to invest, and you want to make some good money? Why not build your own affiliate network?. In this case, you will have to get a website running and hire people to take care of it and do the customer service, however, you will also get to charge advertisers a 20 to 30% transaction fee, or you can probably use a model that requires them to pay a setup and transaction fee.
As long as you have the zeal to bring in both advertisers and publishers, you can set up your own profitable network and just enrol people into your program. Set up tools that will track affiliate reports to help optimize your program. Hire affiliate managers who are capable of managing the accounts as well. As long as your advertisers are making money, you will also earn from their enrollment.
The lists I’ve provided here do not do justice to all of the possibilities available with affiliate marketing and the different types of ways out there. However, it’s good to preview all the wonderful ways to make money with affiliate marketing. Now, it’s up to you, to choose the way that fits you most and put it into action and continue to explore the exciting world of online affiliate marketing
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