Affiliate Marketing: 4 Effective Methods

There’s no stopping the internet from growing bigger and bigger. According to a report by the Time Magazine, over three billion people in the world use the interet everyday. It is used for so many purposes—education, communication, and of course, business and commerce.

Yes, that’s right. For a long time now, people have been using the internet to earn money. In fact, there are some people who have quit their day jobs to use the internet as their main bread and butter.

And one of the best ways to earn good money online is through affiliate marketing. In this process, a person earns a commission by promoting the products of other people or company. For each sale that is made because of your referral, you get to earn a certain amount of money.

Obviously, this is perfect for those who have a talent in marketing but do not have the time, patience or resources to create their own products to sell. With this type of marketing, you also don’t have to worry about things like packaging, delivery, returns and so on. Your role starts and ends with promoting and getting the product sold.

If you’re interested in affiliate marketing, here are the steps that you have to undertake:

Step # 1 – Look for great products to endorse

It’s imperative to choose excellent quality products to promote, something that will highly benefit the consumer. Success would be easier to achieve if people love the product you’re selling. If you sell an inferior product, you’re going to end up getting complaints from your customers, and losing affiliates and customers in the end.

Step # 2 – Create an affiliate website using WordPress.

WordPress is one of the most recommended tools for creating an affiliate website, and that’s because it comes with plugin options that are designed exactly for this purpose. Some of your options include AffiliateWP and WordPress Affiliate Manager.

Affiliate WP Key Features:

  • Excellent tracking
  • Unlimited number of affiliates
  • Dashboard for affiliates
  • Real time reporting
  • Individual reports
  • Easy registration and account activation
  • Coupon codes
  • Customized referral system
  • Compatibility with commonly used payment systems such as PayPal
  • Integration with other popular plugins like Gravity Forms, WooCommerce, Paid Membership Pro and so on

WordPress Affiliate Manager Key Features

  • Simple method for installation
  • Real time reporting
  • Unlimited number of affiliates
  • Customized referral system
  • Manual adjustments for payouts
  • Integration with PayPal’s Mass Pay
  • Customized registration

Step # 3 – Recruit Affiliates

Once you’ve chosen which of the two you will use, the next step would be to build network with other affiliate marketers and invite them to endorse the products that you are promoting. To do this, you need to send out emails, write guest blog posts, upload content on your blog and websites, and so on. All these should link to the products that you are selling.

Step # 4 – Monitor and manage

Last step, you need to monitor the progress of your affiliate marketing to see how well you are doing. There are various tools that you can use for this purpose.

Many have achieved great success in affiliate marketing. If you feel that this is for you, then don’t wait any longer, just go for it!