Affiliate Marketing For Bloggers | Monetize Your Blog With Affiliate Marketing

pandamakingmoney (43)in #make • 3 years ago

Do you want to make money with your blog?

There are lots of ways to monetize a blog, and affiliate marketing is one of the best ways to make money with your blog. So if you don’t know anything about affiliate marketing, and want to know how to use it for monetizing your blog, then read this article till the end, and you’ll know that.

So let’s get started Affiliate Marketing For Bloggers:

What Is Affiliate Marketing?

One line explanation for affiliate marketing is: Receiving a commission to sell other people’s products.

As an affiliate marketer, you refer other’s product, and when someone purchases that product via your referral, then you’ll be rewarded by the product’s owner.

The commission you will get for an affiliate sale can be anywhere from 10% to 70% of the price of that product. If you are thinking of that 70% commission for sales, then you may be wondering why the owner of the product only kept 30% of that sale and gave you the big slice of the pie.

Here is a thing behind that 70% of the commission. When people create digital products such as online courses, then there is no need to create the product again and again after getting sales. Which means that they do not require any further cost to produce that product.

That’s why the owner of that product gives their affiliates higher commissions.

How Affiliate Marketing Works?

After you know what affiliate marketing is all about, then it’s time to understand how affiliate marketing works. There are also some technical terms in affiliate marketing. That help you understand affiliate marketing in a more convenient way. So let’s get into it:

Affiliate Links – When you sign up for an affiliate program, you will able to generate your affiliate link for that product you want to promote, or they will automatically provide your affiliate link. An affiliate link is a unique link to your affiliate product that contains your affiliate ID. That affiliate ID helps your affiliate program to identify all your referrals, and it also helps you to track your progress.
Cookie – In the term affiliate marketing, a cookie is a piece of code that contains your affiliate ID. And when someone clicks on your affiliate link, a cookie is placed in his browser. That means you are eligible to receive commissions, as long as the cookie remains on his browser. The duration of the cookie on users’ browsers depends on the product vendor or affiliate program.
Commission – It describes how much money you’ll make when a purchase made through your affiliate link. Depending on your affiliate program, the commission for the sale may be a percentage or a fixed amount.
Tracking – As I mentioned earlier, you can track your progress with your affiliate links. Affiliate programs give you a dashboard to manage and track your affiliate links. They will provide you lots of statistics and data about your affiliate links.
Conversions – In a simple way, conversion means a sale got accomplished, and you are now able to get a commission for that.

Why Affiliate Marketing?

From my perspective, affiliate marketing is the easiest way to monetize a blog than any other method. You can monetize your blog with affiliate marketing right at the very beginning of your blog.

Let’s go through with some other major ways to monetize a blog. So you can understand what I’m trying to explain here and why affiliate marketing is one of the best ways to monetize a blog.

Ads – If you are a blogger, then you definitely familiar ads. The most popular ad network is Google AdSense. Most of the beginner bloggers want to run Google ads on their blogs. But the thing with Google AdSense you won’t get approved at the beginning of your blog. Before being approved by the Google AdSense program, you need some well-written articles on your blog.
Selling Digital Products – You can monetize your blog with digital products. If you can create a digital product that provides value to your audience, then it would be a great way to make money with your blog. As we are comparing digital products with affiliate products, digital products require lots of time, effort, and knowledge upfront to create. Other side affiliate product does not demand those things. You can immediately start promoting affiliate products on your blog.
Sponsored Posts – This is another way you can make money blogging. But if you are a new blogger, then it’s quite hard to get any sponsored post. You have to build some sort of readership for your blog before any sponsor approaches you to write a sponsored post for them.
Now hopefully, you understand why affiliate marketing is the best or one of the best ways for monetizing a blog.

How To Get Started With Affiliate Marketing?

Before we dive into how to get started with affiliate marketing, many of you may have this question “Is anyone from any niche can apply affiliate marketing on their blog, and are there enough affiliate programs for a certain niche?”

And the answer to this question is YES!

No matter whatever your blog’s niche is, you will definitely find some affiliate programs that are relevant to it.

If you are still curious about affiliate programs on your niche, then open a new tab in your browser and search for this term: Affiliate programs for SPACE YOUR_NICHE

So let’s dive into how to get started with affiliate marketing:

Find And Join Affiliate Programs – The first thing you have to do is finding and joining some niche related affiliate programs. Above I just showed you how do you find an affiliate program for a specific niche. There are also a bunch of broad affiliate networks, and these networks contain products for a variety of niche. You can join them as long as they have products which you want to promote. Some popular and big affiliate networks are Amazon Associates, CJ Affiliates, Share A Sale, ClickBank, eBay Partners, etc.
Select A Product – Once you’ve registered for some affiliate programs, then select an appropriate product to promote and generate an affiliate link. Make sure the product is relevant to your blogging niche, and it has some positive user experiences. Avoid selecting products that look too shady.

Now let’s move on to promoting affiliate links on your blog.

How To Promote Affiliate Links On Your Blog?

After you’ve generated the affiliate link, it’s time to promote that on your blog. There are lots of different ways to promote affiliate links on your blog. So here are some major ones:

1. Review Post – Review posts work very well from the sales point of view. You can write a review post about your affiliate product and insert your affiliate link within it. So anyone interested in buying that product can easily navigate through your affiliate link.

2. Adding Affiliate Links Into Your Blog Posts – This is one of the easiest and best ways to promote affiliate offers on your blog. You can naturally hyperlink affiliate offers within your context as long as your affiliate product is relevant.

3. Inserting Banners On Your Blog – Most of the affiliate networks give you promotional tools and stuff. Banners are one of that promotional stuff. You can easily apply those banners on your blog by just copy-pasting a piece of code.

Do check my article How To Promote Affiliate Links On Your Blog for more ways to promote affiliate offers on your blog.

What Next?

Now it is your turn to take steps and use affiliate marketing for your blog. I know many of you already familiar with affiliate marketing, and many of you heard this term first time. So share your experience in the comment section about affiliate marketing for bloggers.

Above featured Affiliate Marketing For Bloggers, Shows you affiliate marketing for bloggers how you can monetize your blog with affiliate marketing. Hopefully, this article provides you better insights about affiliate marketing. Please let me know in the comment section what you think about this article.

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