Affiliate marketing is the best way to start an online business without having to spend a lot of money upfront. It’s ideal for those who don’t want to have to worry about creating products, handling customer service issues and who have very little money to spend on their online business.
You can promote a variety of high-quality products and services with this business model. Your only job is to promote products and services created by other companies. When someone buys it from you, the company or product owner will pay you a commission.
Two of the most well-known places to find products to sell as an affiliate are Clickbank and Amazon.
How To Start Affiliate Marketing With Amazon
Amazon is the world’s largest online retailer, selling both digital and physical products. Their primary way to make money is through affiliate marketing. They get other people, known as Amazon Affiliates, to sell their products for them.
It’s 100% free to sign up and become an affiliate with Amazon and you can sell anything on their website. They start by giving you a 4% commission rate, which slowly increases as you sell more products.
As you probably know, Amazon sells a wide variety of products in many different categories. How do you choose what to sell as an affiliate? As an Amazon affiliate, you can use their search feature to select the type of products that you’d like to promote. For example, you could choose to promote products in the dog training or electronics niche.
Type that niche term into the Amazon search engine. On the left hand side of the search, click on the ‘4 stars and up’ filter. Amazon’s highest rating score is 5. If a product has a score of 4 or higher, then you can rest assured that the customers who bought the products and left those reviews are very happy and satisfied. These are exactly the types of products you should promote.
How To Start Affiliate Marketing With Clickbank
Clickbank is a poopular online marketplace where the majority of products are digital information software and e-books. As soon as a customer buys a digital product, they can immediately access it and download it to their computer.
Clickbank is free to join and it’s a widely-known company in the online marketing world. It’s marketplace contains thousands of products to promote so you will have no problem in finding one or multiple affiliate offers to promote. You can earn commissions of anywhere from 25% to 75%.
All Clickbank products have what’s known as gravity scoring. This shows how popular the product is and how many affiliates have promoted it. A gravity score for the product that you want to promote should be at least 20 or more. If it’s more than 100, that means that there are a lot of other affiliate promoting that product.
When you have selected a product that you want to promote, Clickbank will give you a unique affiliate link, known as a hoplink. This is the link that you should give to your prospects and it’s how sales are tracked to you.
Companies are happy to pay affiliate commissions to people just like you, in return for selling their products and services. You have the potential to make a nice income when you choose the right niche, stay focused and understand the needs of your audience.