I want to help you make money with affiliate marketing in 2021.
Affiliate marketing is a multi-billion dollar industry and one of the most popular passive income streams for building long-term wealth.
If you're a beginner who is looking to get started with affiliate marketing, this step-by-step tutorial will give you the blueprint for success.
Likewise, if you already have an affiliate marketing business, the knowledge that I'm going to share inside this blog will help you grow your business even more.
If you have the desire to create a consistent stream of income with affiliate marketing, but don't know how to get started, read this…
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Do you want to know how you can turn your passions into profits by building an online business that you love? CLICK HERE to join my Affiliate Marketing Mastery Masterclass!
This page contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefitted from personally. Thank you for your support!
The Affiliate Marketing Business Model Explained
Affiliate marketing is the process of earning a commission by promoting other products you don't own. Most often, people or companies will run their own advertisements or do search engine optimization to get traffic to whatever it is that they are selling.
However, the easiest way for a company to acquire customers is to create a free affiliate program. They use free software or a website like Clickbank to do all of the tracking for their affiliate program links. The tracking occurs for 30-90 days. You earn an affiliate commission for each sale that is made through your affiliate link.
I've been in the affiliate marketing game for 10 years now. I've made millions of dollars as an affiliate marketer. It's one of my favorite ways of making money online. As many of you know who follow me, I am heavily invested in my personal growth and development.
When I benefit from something, I like to share it with my audience. If someone buys a product or service that I promote, I earn a commission from it. If you're focused on building a brand and audience, it's in your best interest to build long-term relationships with people.
The only way that you're rewarded in business is by adding massive value.
The leads that you generate in your affiliate marketing business are human beings. They have needs, goals, and problems that need solving. If you can find ways to solve peoples' problems and do it in an honest and ethical way, they will trust your recommendations.
This is how I've been able to build a raving fan audience with over 1 million subscribers on YouTube. As an entrepreneur and content creator, I'm aware of how much risk, time, money, and energy are involved with running a business and creating products from scratch.
The beauty of affiliate marketing is that you don't have to create a product or be an expert in something. Rather, the only responsibility that you have is to generate traffic and promote other peoples' products through their affiliate programs. As an affiliate, it's a win for you because you can earn affiliate commissions.
Similarly, it's a win for the company or the people who create affiliate programs because they are acquiring customers that they wouldn't normally get. It's also a win for the customers because they receive a great quality product and it benefits their lives.
If you want to see an example of how much money you can make from affiliate marketing, check out the recent video that I published. I walk you through my Clickbank account and show you how I made $27,186 in 5 days with an affiliate promotion!
The Three Most Profitable Niches
Finding a profitable niche is one of the most important things you need to get started with affiliate marketing. A niche is a topic or genre. There are many different niches that you can build your business around. However, the three most profitable niches are health, wealth, and relationships.
The reason why these niches are so profitable is that they are universal. Everybody values them. Each of these niches has a sub-niche. When you're first starting out, I suggest going more narrow with your niche.
1. Health
When it comes to the health niche, people search for solutions on the Internet for their health problems. For example, one of the biggest sub-niches in the health niche is weight loss. There are also sub-niches that exist within the weight loss niche.
There are many different ways to lose weight, whether that's through a ketogenic diet, fitness, pilates, yoga, intermittent fasting, etc. You can find a lot of affiliate programs that will allow you to promote products related to these sub-niches.
2. Wealth
We live in a society that values making money. Naturally, people want to know how to make more money, how to start a business, get out of debt, be a freelancer, manage a team, invest their money, etc.
Specific sub-niches in the wealth niche could be how to invest in stocks, how to sell on Amazon, or how to do influencer marketing. You can make the most money from this niche.
3. Relationships
Relationships are an important part of most people's lives. Whether people are looking for love or are wanting to improve their current relationship, there are a lot of different products in the relationship niche that can help them.
Being in a relationship is one of the biggest commitments people make, which means that people will be more willing to pay for solutions to their relationship issues. Relationship sub-niches may include online dating, infidelity, parenting, dating advice for women or women, or how to be more confident.
How To Find Profitable Affiliate Programs and Products
There are a lot of different affiliate programs that you can choose from. Companies that have affiliate programs are looking for people like you. That's how they can get more customers for their products. Some popular affiliate programs include:
For some of these programs, you will need to create a website that you can set up using the hosting service BlueHost. They give you a free domain name (normally $10/year) and automatically link up the name servers with their hosting. If you need help setting up your website, I put together a free website training that walks you through the process, step-by-step.
Getting Traffic To Your Site
Once you know what your niche is, you have to get traffic to your website. One of the best ways to do this is through content marketing, whether that's a blog, YouTube video, podcast, or a social media channel. Content marketing is a great way to build strong relationships with your audience.
People will be more likely to follow your advice and be interested in checking out what you have to offer once you've established trust with them. Video content is a great way to reach audiences and sell affiliate products. This is what I do consistently on my YouTube channel and how I've been able to create such a successful affiliate marketing business.
Email Marketing
When it comes to affiliate marketing, the most powerful strategy is to build an email list. When you're creating content online you are attracting visitors and viewers. Your goal should be to get a certain percentage of people to opt-in and subscribe to your email list.
When it comes to collecting peoples' email addresses and building an email list, I suggest using an email auto-responder service called Aweber. This service allows you to send automated follow-up messages to your subscribers.
Once you build up a great list (which can take years), you can make thousands, if not hundreds of thousands of dollars from one email. This is what makes affiliate marketing so powerful.
How To Scale Your Affiliate Business
The first step of affiliate marketing is to get your first commission. Once you find something that works, you want to understand how you got that first sale. You can do this by tracking the stats of your blog, social media, or YouTube channel using Google Analytics.
You want to know how much traffic you're sending to an offer, what the conversion rate is, and how you can improve and optimize that. The best way to scale your business is through increased traffic.
For example, if you're getting great traffic from your blog or YouTube videos, you want to find ways that you can get even more traffic. You want to funnel all of the traffic that you receive into your email list. From your funnel, you can see how many opt-ins or subscribers you're getting.
When you have people opting into your list you want to look at your email follow-up series and what you're promoting. Analyze which products are making you the most money and focus more on those ones.
One of my favorite strategies for scaling conversions of any product is by creating a bonus. Over-delivering can take your affiliate marketing business to a whole new level.
This is how to make money with affiliate marketing in 2021.
If you want to go deeper with affiliate marketing, I encourage you to check out my Affiliate Marketing Mastery YouTube playlist where you'll find a lot more in-depth content. Like I said above, affiliate marketing is a great method for generating passive income. Once you have mastered the step-by-step affiliate marketing blueprint, there's no limit to how successful you can be.
Do you want to know how you can turn your passions into profits by building an online business that you love? CLICK HERE to join my Affiliate Marketing Mastery Masterclass!
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