Ways of Earning Money Through Affiliate Marketing

There are basically three different ways in which one can earn income through affiliate marketing. They revolve around the association of a publisher with the product and the merchant.

Involved affiliate marketing

This where you promote a product with a lot of authority because you’ve used it and have enjoyed its benefits. When you post content on your blog, you speak to visitors on the account of personal experience. This type of affiliate marketing is very effective because most of the times, consumers find it more convincing. People will be willing to try out something just because you as an influencer has used it and found it good. It is even more effective when your blog or social media site has many followers. However this kind of marketing comes with a lot of responsibility. You should only promote a product that you are sure will provide some benefits to the consumers. It is very wrong to hype a brand only for customers to be disappointed. They will hold you responsible and that is how your blog and whatever else you decide to promote will go down the drain. Honesty is a very important factor in affiliate marketing if you want to get repeat business and more customers.

Related affiliate marketing

Any serious publisher must identify a niche and focus on it. Within that niche, there will be products related to the ones that you are promoting. You can have links to such products on your blog, social media sites, videos or podcasts. Visitors may come to your site because of the products that you are promoting but they can also find additional products through these links. You don’t have to have used the product in order to provide a link for it. That is smart marketing because if a customer decides to click on the link and buy the product, you’ll still earn your commission without much responsibility. You don’t hype the product so if it turns out to be substandard, you will not bear much responsibility. This type of affiliate marketing is good but it will not give you much income since the related products are not your primary focus. Some visitors to your blog will not even notice the additional links. It will still not cost you anything to earn a little extra money by having those links displayed on your site.

Pay per click affiliate marketing

This is ideal for people who do not want to interact with end consumers at any level. In pay per click affiliate marketing, you have no authority in the product niche that you are promoting. All you do is ambush internet users with affiliate links via Facebook ads, Twitter ads and Google Adwords among others in the hope that they’ll click on them and eventually buy the products. This method of affiliate marketing is more of a gamble because customers find it a lot more easy to buy products introduced to them by familiar affiliates. Pay per click may sound easy but it really is not. Some people find success with it and that is okay because at the end of the day you’ll have earned your income.

How Can One Find Affiliate Programs?

I think one of the most fundamental questions that most people interested in becoming affiliates ask is about where to find products to promote. There are several affiliate programs available but it’s always advisable to choose what would best work for you. That increases the possibility of becoming successful in the venture because it reduces the strain caused by pushing brands that you are not comfortable with. These are some of the best ways to find a suitable affiliate program for beginners and even for those who are already considered veterans in the sector.

Well established affiliate networks

This would be the most ideal place to start because such networks are usually well
organized and trusted. Well established networks are typically large and have existing
relationships with some of the biggest brands. Chances are that if you are searching for an affiliate program to drive the sales of a common brand, you’ll most likely find it being run through established affiliate networks. Some of these networks include but not limited to:

1. Linkshare

2. Commission Junction

3. Shareasale

4. Pepperjam Network

5. Google affiliate networks

6. JVzoo

7. Warriorplus

Such networks are great because they have a well established working relationship with the big companies that pay good money. It’s a safe place for a beginner to start his or her affiliate marketing career. They charge the merchants commissions for linking them up with affiliates which means that your pay as a publisher will be relatively reduced to carter for their commission payment.

Familiar product

You can always start by promoting a brand that you use yourself or are well aware of. It’s always easy to sell what you already believe in as opposed to just trying to convince customers to buy a product that you’ve never even used before. You can check the sites of your favorite brands and see if they have affiliate programs. It’s a safe bet and somehow a familiar ground even for beginners.

Independent affiliate programs

These are programs that are run by the merchants themselves using affiliate software to take care of the technical aspects of the system. In some cases, they may outsource
program managers to manage the affiliate program as they concentrate on core business functions. The advantage of independent affiliate networks is that the pay is much better since they don’t use middle men. However if the program is not properly managed it can be a disaster due to lack of creativity and delayed payments. They are still the best though especially if you find one that is well managed and pays attention to the needs of the publishers. They are not easy to find but you can use keywords on search engines to find them.

e-product networks

These promote products that are downloaded rather than shipped like e-books and other programs. Some of these networks include Clickbank, e-junkie and Avangate. Just make sure that the product you are promoting will give customers value for money and it’s not just some way to mint cash out of them through false advertising. Most e-products have this issue.

These are some of the ways in which you can find and join an affiliate program. They are not exhaustive but they are among some of the best options.

Selling with FBA On Amazon

The ecommerce market is one of the biggest trends when it comes to ways of making money on the internet. It stands for electronic commerce, and you can see it popping up everywhere. Retail giants such as Wal-Mart and Costco offer their stock online, and start ups are selling their products using a simple “buy now” button on Facebook and, of course, Amazon!

Ecommerce still represents a huge amount of work, especially if you are selling tangible goods that need to be handled and shipped, because you have to keep track of inventory, storage, handling, shipping and customer service. It can look easy, because you are managing your storefront online, but the process is as complex as ever!

The other problem is customer reach, because your business is only as successful as the number of people keeping it afloat! We talked before about how Amazon has revolutionized the ecommerce world by offering sellers everywhere the opportunity to use its platform to sell on its marketplace, and we would love to introduce you to a way to make that easier for you!

What is FBA?

“Fulfillment by Amazon”, simply known as “FBA,” is a service for its marketplace merchants that consists of Amazon picking, packing and shipping all your orders. With one of the most advanced fulfillment networks in the world, you can bet that Amazon has the expertise to take care of all your orders and provide customer service in your favor.

The benefits

When you let Amazon take care of your orders, you are saving time and growing your business. When you send your products to Amazon for fulfillment, they become eligible for FREE shipping and Amazon Prime Free-Two Day shipping, which makes them a better deal for your customers!

All of your Amazon marketplace listings will show the “Prime” logo, which will let customers know that your products are being handled by Amazon, take care of customer service and returns for your order when needed!
There will be no limit to the number of units and products that you send Amazon for fulfillment, or other inventory details whatsoever. You’ll only have to send your stock to Amazon and concentrate on your business. Amazon will help you grow!

You’ll also be able to manage your orders from multiple sales channels. If you sell your stock on a website other than Amazon, it will manage your inventory for you, and you’ll only need to redirect your sales to Amazon.com for fulfillment!

Lastly, it is a cost effective service, considering that you’ll be able to save a lot of time and logistic resources. You’ll only pay for storage and order fulfillment fees.

How does it work?

Simplifying fulfillment with Amazon is easy enough. First, you’ll need an Amazon sellers account. After you create an Amazon sellers account, it is as simple as adding “fulfillment by Amazon” to your account. You can add “FBA” to your account if you choose a professional selling plan with a simple check mark when you are creating your account.

Then, you’ll have to create your product listings. You can do this your way, be it one by one, in bulk, or by integrating a catalog system. Once you create your listings, prepare your products to be sent to an Amazon fulfillment center.
You have to make your products “ecommerce ready”, which means that you need to get them properly packed and identified. When your products are ready to go, ship them to Amazon.

Once they arrive at a fulfillment center, they’ll be ready to be shipped to customers ordering them! Finally, it is good to remember that Amazon takes care of customer service. Its customer service team will manage inquiries, refunds and returns related to your products listed in the marketplace; 24 hours a day, 7 days a week. Try to beat that!

Pricing

Pricing for fulfillment is determined by several factors, including the type of product, storage, packing and whether your orders are being processed in an Amazon marketplace or on a different sales channel.

Getting started

Go to the Amazon.com homepage and head to the “make money with us” section. Click on “sell on Amazon.” Then, place your pointer over the “solutions tab” and click on “fulfillment by Amazon”. Click on the “get started” button. From there, you’ll simply need to add FBA to your account by logging in. Try it out!

Download a Complete Guide to Amazon FBA Business here;