5 Techniques to Make Money with Affiliate Marketing

Affiliate marketers are independent business persons who work to earn commissions. They help product merchants market their products and earn commissions from their efforts. They are not directly responsible for product manufacturing, warehousing/storage, product delivery or customer service. These are the responsibilities of product merchants.  The job of affiliate marketers is to simply direct traffic from their websites, blogs, newsletters, and online posts to the brands they are promoting. Affiliates earn money in form of commissions in exchange for driving traffic and/or purchases to the referring brand.

Here are some tested techniques affiliates use to earn money in affiliate marketing.

1. Coupon Sites

When product merchants want to introduce a novel or underappreciated product/service into the market, coupon sites come in very handy. For a limited period of time, you can promote a reduction on first-time purchases in an affiliate arrangement with a coupon website. These coupons can entice buyers to visit your website and sign up to become supporters of your brand. Commissions are paid for connections made in this process.

2. Bloggers/Influencers

If you connect with popular and established writers or social media Influencers in your business niche, they can directly help you through their separate audiences to expand your own reach. That makes your reach exponentially wider. If these writers and influencers help to propagate your marketing messages or write articles to promote or endorse your products, it directly enhances your sales. What they write or endorse, because of the trust they have built with their separate audiences over time, can directly attract people from their audience to look up the website of the product merchant. When these visitors make purchases, the writers or influencers are then entitled to be paid commissions relative to the sales made.

3. Review Sites

Products merchants take to review websites when they have high-priced products to sell. It is customary for buyers and customers to desire more information about any product before making their buy decisions. That is where review websites become handy to provide this additional information by way of product reviews. When businesses and authors on review websites willingly give a referral link to your product and rate it highly, it usually increases the likelihood that potential buyers will click through and buy from you. The referring parties earn commissions from their referral efforts.

4. Search Affiliates

Search affiliates are mostly independent business owners who spend money on ads to have their products shown in search engine results. There are affiliates who earn commissions through PPC on their ads. The ads can also be placed on popular social media networks, like Twitter, LinkedIn, Instagram, Facebook or other online advertising networks. The more searchers click on these ads, the more commissions the affiliates earn.

5. Email Marketing

Email marketing may have been around for quite a while but it is still a very efficient affiliate marketing technique. It remains one of the most efficient methods to get individuals to sign up for a brand, a survey, a contest or a webinar. Affiliate marketers can send out a huge mass of emails with the contents having affiliate links to the product they are promoting. Once these links are used to sign up or make purchases from the product merchant, the affiliate earns a commission. Quite an effective affiliate marketing technique no doubt!

Wrapping Up

Earning money with affiliate marketing is a simple business model that is performance based. The more you intensify your promotional activities, the more commissions you earn. It is however unrealistic to expect to earn tonnes of money overnight. If you have the diligence and patience to set up the right techniques, money will gradually start to come in with time. Affiliate marketing is really a very simple legitimate business that requires perseverance, ingenuity, focus, and devotion over time. That is when appreciable income is expected to start to accruing to the affiliate marketer.