• Halal Online Business Model #3: Affiliate Marketing

    Would you like to make money by promoting products you’ve used and that you love? If that product has an affiliate program, you can.

    Affiliate marketing is one of  the quickest and easiest ways to make money online. As an affiliate marketer you make money by promoting other people’s products. You get paid a percentage of each sale. This can vary from around 10% – 75% or more.

    What sorts of products can you promote?

    Practically anything.

    You can promote actual physical tangible products (such as books, beauty products, clothing etc.) or digital information products (such as eBooks, audio courses, membership sites etc).

    Actual physical products have lower commission rates than digital products, simply because of the larger cost associated with creating the product and shipping it.

    How Does Affiliate Marketing Work?

    The graphic shows how affiliate marketing works. The affiliate signs up to promote the product and is given a special tracking link by the merchant (whose product the affiliate is promoting).

    The affiliate then displays the ad on the website, blog, Facebook page etc. This could be a banner or even a text link within an article.

    The reader of the article or blog clicks on the link and purchases the product and the affiliate makes a commission from that sale.

    So using the graphic above as the basis for our example, let’s say you have a blog about hats. You sign up for a hat affiliate program. A consumer interested in the latest hat fashion trends visits your blog, sees the banner ad for the hats you’re promoting, clicks on it and is taken the merchant’s site (called the advertiser in the infographic example above). She then purchases the hat and you receive a commission.

    How Can I Get Started?

    Where can You Find Products To Promote?

    You can choose almost any niche topic and find relevant products and programs to promote. You can find physical products to promote at www.shareasale.com or www.CJ.com and digital products at www.ClickBank.com

    Another great option for practically any type of product is Amazon’s Associate Program.

    If you want to promote a particular product and you’re not sure if they have an affiliate program, then send an email to the website/product owner and ask if they have an affiliate program.

     

    So how do you promote these products?

    In most cases you will need to have a blog on a topic related to the product you’re promoting. On your blog you can display banner ads, write product reviews, write good articles on the topic and then promote your affiliate products within these blog posts.

    Other methods of promotion include doing video product reviews that you can post on YouTube, hosting webinars or teleseminars on a topic and then promoting the product at the end of the webinar or teleseminar, writing a free report on the topic and promoting the affiliate product within the report etc,

    Who Is Affiliate Marketing For?

    For everyone, newbie and experienced marketer alike.

    If you’re just starting out online, promoting other people’s products is a great way to earn an income from a topic that you love without needing to have your own products.

    Let’s say you’re passionate about homeschooling. You could start a homeschooling blog and then promote all sorts of different homeschooling programs, books etc.

    But affiliate marketing isn’t just for newbies. It’s great even for experienced marketers who have their own products and programs. You can promote complimentary products to your subscribers and blog readers.

    Let’s say for example, that you have a blog about blogging. Let’s also assume that you have a course that teaches people how to start a blog. You could promote other programs on social media marketing, or software that makes some aspect of blogging easier.

    The key is to ask yourself “What would people interested in my topic also be interested in?”

    So if you have a diet blog, you could promote exercise videos, for example.

     

    If you’re just getting started and want a quick way to start generating income, then affiliate marketing is the way to go.

    There is an excellent FREE course on affiliate marketing called Affilorama which guides you step-by-step through the entire process of getting started as an affiliate marketer.

     

     

     

     

     

     

    You will learn how to choose a topic (also known as a niche), how to choose a product to promote, the most effective promotional methods and more.

    You get 120 video lessons absolutely free so be sure to check it out here.

     

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