You probably know by now that affiliate marketing is one of the best online businesses for anyone who wishes to earn regular income on the internet. The long term relationship that I talk about in my other post is one of the best investments for a Passive Income from home and for retirement.
When I say investment, I don’t talk about money, I’m talking about time and hard work. Hard work you’ll need to do but only while you do the training and building your website. After training done you will enjoy the free time you will gain.
Factors to consider!
You’re here right now and glad you’re seeing what factors you should consider when starting an affiliate marketing business. In this post, I’ll share with you the affiliate marketing strategies that I have used in the affiliate marketing business is not as easy as most think and it involves a lot more if you want to be successful at it.
You will want to start working on it the proper way so that it will ensure a long term income stream. So let’s see below the factors to consider when starting an affiliate marketing business:
- Choose A Niche (link(.com)) See Post Niche
- Start the training
- Build your Website (with the training)
- Work hard don’t forget it’s for you
- Consistency and perseverance
- Set up goals
Advice before choosing your Niche
Before choosing your Niche I Strongly Suggest you write a couple of pages on google document or word and after those pages (about me page/ brainstorm about Niche) you will be more sure about your Niche you’ll choose and want to talk about. Many don’t see how crucial it is when choosing your Niche it is going to be your Online Business. When you start checking different niches, you’ll realize that there are so many of them out there.
Keep in mind that niches are not made equal, some are more profitable than others. No worry about the training and work, yours will become profitable as well. And you will talk about a lot on your website.
One good rule to choose a Niche is you need to be passionate about it, better if you have vast knowledge and experience with it,(easier to talk about). If you don’t have vast knowledge it’s okay as long as you’re very interested in the topic you chose and willing to do some research.
Ideas for the most relevant niche, here are some of the most profitable niches in affiliate marketing and they don’t go out of style.
- Wealth and Money
- Health and Wellness
- Dating and Relationships
- Gaming – Sports
- Hobbies – pets
- Cooking, sewing/knitting,
A Niche in the market is a specific area of marketing that has its own particular requirements, customers, and products. Small companies can do extremely well if they can fill a specific market niche. Ex.: Etsy.com is a niche, ”lynesplan.com” is a niche. Niche is a name you’ll write for your domain name (.com, .org, .net).
Sub-niches – Sub-topics
Niches are broad and can be broken down into sub-topics or sub-niches. What is a sub-niches or sub-topics, here some good example:
Let’s say your Niche talk about Garden, well as a Niche, Garden or gardening are Niches already taken as a domain name but a sub-niche can be “best flowers” or “garden flowers” or this one you will recognize is “Miracle-Gro”, these are all subtopic or sub-niche. There are thousands of different Niches to chose from. Google Trends is another good way to see if your niche idea has a steady interest. Don’t forget to choose something that for you will be easy to talk about, because you are doing this for the long term.
Some people start with one Niche and decide to change and try to work on two websites, “as I did.’’ Don’t do like me, I decided to fast on my Niche name and after 30 posts didn’t do much good on that site. My first website is on hold, didn’t work on it for quite a time. That’s the reason I suggest you think really well about your Niche.
There is a lot of training to learn in the beginning so focus on one website it’s very important. You will see results much faster if you put all your energy and work effort into one site instead of spreading your work on 2 or 3 sites which will thin your work per site.
Instead of having 2 or 3 websites, it will take much longer to see results from any of them because instead of putting 3 posts on one site, you’re putting 1 post on each site. The more content on one site, the more it will rand faster, the more traffic it gets earlier, and the more money you will earn.
Well, the website is on the run, cool now it’s time that you look for affiliate programs you can join. There’s a lot out there, so many it won’t be that hard to find which ones are the best for you.
Although you need to invest your time in figuring out which ones you’re going to join. Learn more about the company, the products they are offering, the commission you’re going to receive as an affiliate, how in-demand their products are, and so on.
Make sure that you have the right company. After all, it is where you’re going to get your commission. The fastest way to find affiliate marketing programs is by doing a Google search. Simply type in “niche + affiliate program”. You will then see various companies that offer affiliate programs.
Time to choose a program. When choosing affiliate programs, most of the companies let you become an affiliate for free. However, some may charge you, It really depends but, Personally I wouldn’t join any that make me pay, that really depends all on you.
If you need to pay to become their affiliate, make sure their products are high quality and profitable. Don’t forget this is your referred website(your name).
Once you have determined which niche is best for you, your next step is to start the training and building your website while training (with help). It is the easiest way to build your website with Wealthy Affiliate training and all it’s platform people.
I strongly recommend that you create a website, to have an online presence and without this online presence, it’ll be very hard for you to build free traffic.
In addition, many affiliate programs prefer affiliates who have their own sites. Some even ask for your site’s URL before you can join their program. Companies are more particular with their affiliates The main reason is they want to make sure that your site and reputation will not affect their brand.
It can be intimidating to build your own website, Today in a matter of minutes. You can check out the training platform I use to build my affiliate marketing business, which has a very easy Site Builder on it.
It’s really easy to use just follow the steps, and you’ll have your site up and running in no time.
You will put Time and Hard Work (at first).
Now you have an affiliate product to market, it’s time for some real work to be done. You have partnered with a company, it doesn’t mean you’re going to start earning right away. You’ll need to create a post for the product you’re about to promote and talk with trust.
If you’re a blogger or an influencer and already have an audience of followers, then you can actually market those products right away and will likely earn in no time.
However, if you’re just starting out as I did, you need to build an audience first. It’s not going to be easy selling something when no one really knows you or trust you. The most effective way to build your audience is to keep creating useful and unique content.
Providing people with solutions that they can use in their everyday lives can be pretty tricky sometimes. Focus on a Niche and determine which problems your audience share.
Once you actually gain the trust in helping people, that’s the time when they go visit your blogs and will most likely share your content.
You will be trained to know how to write your content in a way that will rank your blog posts on the first page of Google, Yahoo, or other search engines
If you can learn how to get your blog posts ranked, then your website will be able to generate a stream of FREE traffic to your blog and you’ll start making money! If you don’t know how to do this you should really check out the Wealthy Affiliate training program that I’ve used here. My business is growing very well.
When I say consistency, I mean keep updating your blog with content so your readers can keep learning from you. The best is to add one post a day and at least 3 to 4 posts (minimum) a week is enough to stay active. As a result, they will also keep sharing your posts, which will drive in more traffic.
You need to keep improving your presence by communicating with them, replying to the comments section from your website, messages on your social media accounts, join them in the small discussion, respond to them when they send a message via social media. Usually, when you gain trust and built a strong relationship with them, you can already recommend your products.
The best way to keep people and have more customers register to your site is don’t rush into selling the products you promote. People will think and say you’re not there to help them you’re just there to make your business grow and just want to make money.
To have your posts rank it takes some time and it’s crucial in your early months, that you are consistently working on your affiliate marketing business, or else it will not produce many results for you. You need to share on social media and be consistent. A lot of people give up in the first year of building this business because they think it doesn’t work, but it does if you stay consistent and persevere.
After 12 months, your website will have more authority and will gain more trust from search engines (SEO)as well.
That is when you’ll be getting higher and higher rankings and, then you see, more traffic and income.
Most people quit during the first year because they don’t think it’s working but it takes longer to get ranked these days because search engines (SEO) want to know if you are going to keep on going before they give you any great rankings.
It not going to be easy, in these businesses there are always ups and downs, and affiliate marketing is no exception. For many of us at WA, it wasn’t always a smooth journey at all, there were a lot of bumps along the way.
If you incur problems, you just need to find ways to solve them and this is part of your learning process. A lot of this is a learning process. So problems are going to be a given in building any business, so expect them and be wise about it as a learning opportunity.
This process is the learning part, we learn with our mistakes and problems will make us better. Every time you climb over one of these obstacles, you’re one step close to your goal!!!
Unfortunately, some beginners, get discouraged right away because it has been two or three months and still no regular income. I didn’t receive any significant income for quite a while as you say above, but that did not stop me from pursuing and pushing even harder as I was finishing my first year.
It is common for an affiliate to achieve a regular income after six months of working hard. For some, it may even take up to a year. So don’t give up easily. Keep on going and persist.
If I did it you can do it. I’m “french Canadian” I’m and not very good at writing in English but still I did it, I had the help of my friend google, and another platform for translation.
You will need to get Help, which brings me to the next section below.
Some of the new affiliates dismiss the idea of getting training. They believe they can learn along as they embark on their affiliate marketing journey. While this might be true for some, but unfortunately for others, there are not as lucky. Affiliate marketing is becoming more competitive, and if you have no idea what you’re doing, you’re going to get left out, fast.
Why training is Important?
There are proven techniques and strategies to learn, especially if you have no idea about how to rank your website on search engines(SEO). This is the golden nugget you need to learn because without free traffic, you’ll always be paying for it and you don’t want that.
You need to build this free traffic first then when your site makes money, then you can reinvest that money and scale your business with paid traffic.
Don’t forget while training and building your website you will also need help and support along the way, the training platform I use has a community of people like you all building their online business in affiliate marketing. Like I write in my other post “Make money with Affiliate Marketing!” You will have the help you need for training and building and understanding all the processes of building and growing your website.
I strongly suggest that you get training. It will not cost as much for all the access, features things you’re going to learn, and the tools you’re going to get and you can start for Free.
Those are the factors to consider when starting an affiliate marketing online business.
If you have any questions about affiliate marketing, please do not hesitate to leave me a comment below! I always reply to my readers.
Let’s start and make money online!!!
Affiliate Disclosure: This post may contain affiliate links which means I may earn a small commission if you purchase anything through one of the links. However, this will not affect what you pay!