Affiliate marketing is one of the best ways to make money online. Instead of creating your own product, dealing with your own customers, you can sell other people's products and services and make money. But how do you get started? How can you start seeing results fast? Today I'm going to share with you the easiest way to get started with affiliate marketing.
MY AFFILIATE MARKETING PLAYLIST:
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What is Affiliate Marketing And How Can You Leverage It [VIDEO]:
3 Ways to Sell More Products Using Affiliate Marketing [VIDEO]:
Can You Still Make a Living Off Affiliate Marketing in 2019? The TRUTH About Affiliate Marketing [VIDEO]:
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RESOURCES MENTIONED & LINKS:
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JVZoo:
CJ Affiliate:
OfferVault:
Click2Sell:
CommissionSoup:
ShareASale:
FlexOffers:
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Step 1, define your traffic source.
Are you good at SRO? Are you good at paid ads?
What version of marketing are you good at?
For example, if you do SEO you got to pick one niche. If you do joint ventures and partnerships, again you got to do one niche and focus all your energy there. If you do paid ads, you can do any niche out there as long as the payouts are high enough because you got to buy that traffic.
Step 2. The second step, defining your target audience.
What is the niche you want to work in? Now, most people are like, "I want to be in the niche that pays me the most money." You don't do well as an affiliate marketer in that. Why? Because after a while you give up, you hate what you're doing, you're just like "I don't want to spend a ton of time and energy doing this."
You want to focus your efforts on what you love because what you love is what you're going to create better content on, better marketing campaigns, better ad traffic, you'll get more creative.
Step 3. find products that are a good fit for your audience.
Now, most people do this by just googling. That's a really inefficient way. There's actually already affiliate sites out there that showcase products. And the products they showcase are the ones that tend to be the best performers not only for the publisher, but also the advertiser.
So, by looking at these affiliate sites, you'll know what tends to work because their top offers tend to be the ones that make the most money.
Checking out those sites will give you a good understanding of what works and what doesn't work in your space.
Step 4. Build your funnel.
So, let's say you have SEO going, right, and you have this traffic.
Starts with content, then you want to collect to email and you can collect to email through Hello Bar or any tool out there.
You want to create a lead magnet. You can't just use these tools. You've got to actually have an offer. So, email in exchange for an ebook.
Then, once you have their email, drive them to a webinar. That webinar allows you to sell that product or service to those people.
You can also, for all the people who don't convert in the webinar, follow up through an email sequence and sell them through text-based.
Step 5. Increase the lifetime value.
Most affiliates, drive conversions, they collect their money and they're like, "Woo-hoo, that's it." Well, you already have that list. Why aren't you continue selling to those people campaign after campaign?
Why aren't you continually adding value to them and not always selling? So then that way when you have the next product to sell they're more likely to buy cause you've helped them out. If you just sell to them every single week, eventually they're going to drop off your list.
► If you need help growing your business check out my ad agency Neil Patel Digital @
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What traffic source has worked best for you when it comes to affiliate marketing? Is it SEO? Is it paid ads? Is it partnerships? Let me know in the comments below.
SEO has been my best
go
Seo and Facebook have been the best
I think it depends on the offer we promote
1st comment
the scond, 10aclock at night
I’m getting there little by little much of that thanks to you Neil. Thank you!
You are very welcome!
Awesome tips Neil, I really missed q&a Thursdays….what happened
Thanks 🙂
Most of these tips work well when you sell a digital course or a product that pay a decent commission, but how about the majority of the physical products that only pay the affiliate $10-15 per sale (for example, many of the products sold on ShareASale)? I can’t imagine doing a webinar for those. Also, since you are only an affiliate, you can’t add upsells since you don’t own the product.
It’s possible but I agree that for digital products it is much easier.
Awesome tips. I’m better with paid ads and copywriting, and I’m thinking of going with info products.
Thanks so much!
Neil,
Do you do affiliate marketing on your neilpatel website?
I do not. Only articles about it 😉
@Neil Patel he doesn’t need it xd
Nice tips. I’m motivated to start my affiliate website again. It was a high income website for me.
I quit after the affiliate company kept on changing rules then they say cookie policies change then they say no conversions recorded etc.
But I will give one more try.
Best of luck!
@Neil Patel Thanks and I will sure the results.
I love your passion for pushing out content Neil ! Dedication — I enjoy how you hop around topic to topic it gives me a good indication on what topics to touch on and will perform best ! Neil one of the best ** I look forward to speaking to you one on one one day**
Thanks so much!
@Neil Patel Always !
Great tips Neil. Appreciate the time you take out to produce your videos.
Thanks, Darrell!!
Hi ! How much does it cost to upload the Affiliated program for us to generate income. People just talk about how good it is to sell your own product but the cost of creating a webpage and to do the business cost a lot of money. Here in MALAYSIA not many are well versed of such programs because they are not IT savvy especially middle management. What’s your advice please? Thanks
I would say get started but start small. Get a feel for your local market and start building 🙂
I am a newbie and I want to learn from .you. Do you have courses on the Internet or possible address you send us learn from.them. ?
I am a beginner. I want to learn from you
You can learn a lot here on my channel and on my blog 🙂
Hey Neil Love your content! I want to start a blog but i am confused in two things. I have friend who’s a gym trainer which can sell more due to these strategies but, i on the other hand, love digital marketing (I am not an expert just started a month ago). What blog should i make then or should i make both on one website?
Do what you are most passionate about, Mahad
Useful information Digital marketing company . Keep blogging
Hi I need affiliate marketer
Great value as always Neil!
I do agree on everything you say.
Altough i think building your audience is the most difficult and time consuming part of the process.
Is there a way to streamline the process of building an audience?
In my opinion it takes about 2 years to have a big enough email list and a large enough audience to actually start selling products to or do affiliate marketing and get results.
Is this true in your experience?
Thanks in advance
For new site where are focus, low quality much more content or less content with high quality.