What is Affiliate Marketing and How can You Make Money from it?
By Janson Tan · 12th August, 2018
People always dream of passive income. Make money while sleeping.
For 99% of this successful passive income master, affiliate marketing is how they get started.
The idea behind it is that you promote other business products and earning a commission if people actually end up buying with your marketing effort.
In simple words, it’s based on revenue sharing. Either you have an awesome product, so you can offer promoters a commission through an affiliate program, or you have no product and want to make money, so you can promote a valuable product and earn an income from it as an affiliate marketer.
The best definition of what affiliate marketing is can be found on Pat Flynn’s Smart Passive Income:
Affiliate marketing is the process of earning a commission by promoting another person’s (or company’s) product. You find some products that you are passionate about, promote it to others and earn a portion of profit for each sales that you make.
Let’s take the EasyStore Affiliate Program as examples. EasyStore offers 100% commission for the 1st-month subscription fee and 20% commission for every recurring month as long as the merchants stay with EasyStore. Honestly speaking, you can earn up to RM 499 (USD$ 122) for one paid conversion for EasyStore, how competitive is this earning opportunity in the affiliate market?!
Now, let’s make some money. Stay with me, I gonna show you some practical methods for you to get started.
1. Pick one niche that you are truly passionate about.
2. Create a related-content blog for the selected niche.
3. Repurpose the content into different forms
4. Check the lead magnet placement for every corner of your content.
Pick one niche that you are truly passionate about
I have been working in the ecommerce industry for a few years and passionate about starting and growing a business. So, I have chosen the "entrepreneurship" as my niche to start my affiliate marketing direction.
Create a related-content blog for the selected niche
In order to build a pool of audience that interested to be entrepreneurs, I have created a website/blog that talks about the entrepreneurship, business idea, and marketing.
Repurpose the content into different forms
Always create the different forms of content such as social media post, blog, quote card and videos. Then, distribute them into the different channel such as Instagram, Youtube, Blog Post, Facebook and etc.
Check the lead magnet placement for every corner of the content
I will quickly check through the entire content and injected my EasyStore's affiliate link into every possible spot on my content.
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