Afflilate marketing is a money spinner that is open to everyone with internet connection. Learn how to earn real money with this hustle which is a great way to monetise your blog or even your facebook page.
Companies online are always looking to get more sales from their website. It doesn't matter if you shop online for clothing, insurance, books or credit cards, you can be certain that the website you land on will do anything to get extra traffic to their website to generate extra sales. Most companies online are willing to pay a commission to anyone that sends a visitor to their website, if that person makes a purchase.
This is called Affiliate Marketing.
All you need to do is register as an affiliate through one of many affiliate networks, and you get access to a huge range of merchants that you can promote. The best part about it is that many of these affiliate networks include what is called a tracking cookie, that will ensure you get paid a commission even if the person you send to the website doesn't buy anything on the first visit.
As an example:
If you were to sign up as an affiliate for Amazon, you could then tell your friends on Facebook what book you just read:
"I just read the 4 Hour Work Week by Timothy Ferriss and loved it" with the all important link to the book on Amazon. By the way, anyone interested in making money should read this book by Tim Ferriss. It's inspriational and motivational and practical all at once.
With Amazon's tracking cookie, if someone visits Amazon's website through your affiliate link, you will receive a 10% commission on any purchase they make (even if they buy something other than your book).
How much money can you make?
There are different types of affiliate commissions:
Commission Per Sale, where you get paid a percentage of the sales revenue (typically 10-50%)
Commission Per Lead, where you get paid for every user that registers their details (typically $5-$30)
Commission Per Click, where you get paid for every user that clicks through to a page (typically 10c-$2)
Affilorama is the largest affiliate marketing community and training website on the internet and offers free training to help you start your affiliate marketing side hustle: http://aa0c2odzjveyeq16q3l6phhik1.hop.clickbank.net/
Which companies should I promote?
All kinds of companies use affiliate marketing to attract customers, from airlines (imagine the commission from a first class Sydney - New York flight), to fashion retailers, to infopreneurs who are selling online coaching courses. If you know your friends or followers are into health and fitness chances are they'll be responsive to your promotions about gym deals in the local area. You will make money because your friends trust your advice, click on the link and make a purchase. On the other hand, it wouldn't make sense for you to post about hair care products becuase it doesn't meet the interests of your audience. Whatever you do, understand the audience YOU are connected with. Then you will find it easier to select affiliates have products or services that are in the industry niche your're known for.