Monetizing your blog is not as easy as it sounds. Very few blogs are effectively monetized worldwide. It was revealed in 2017 that professional bloggers earned a little above $138,000 in comparison to the newbie that earned just about $9,000 in the same year according to ConvertLit report. The question therefore is, what do you have to do to start making money with your blogs?
Connect with Affiliate Marketing
Generally speaking, Affiliate marketing is the process of earning a commission by bringing the Seller and the Buyer together based on an agreement. In this case, the Seller may be the Producer, a wholesaler, a distributor, etc. As an affiliate marketer, you find a product, promote it at your sight for online users and earn a commission if it is bought through your site without having contact with either of the parties. Three parties are involved in affiliate marketing. The Vendor, the Affiliate Marketer (In this case the Writer), and the buyer. The Vendor, irrespective of the size is the one that offers goods and services for sale, for example, Amazon. The Affiliate Marketer promotes the Vendor’s products by advertising and marketing it to the public, for example, the Blogger. The Buyer is the one in need of the product. If the buyer ends up buy from Amazon through the promotional link provided by Amazon, the Vendor gets a commission (from Amazon).
How Affiliate Marketing Works
There are several associate programs (Networks, Communities, or portals) that run organize and co-ordinate affiliate marketing. This makes it much easier for Bloggers/writers to have their site monetized. There are also producers, manufacturers, wholesalers, and retailers both whether small or large establishments that offer direct access to the affiliate marketers. For instance, Amazon, although do not manufacture a product, is one of the most viable affiliate portals worldwide while online portal such as shareAsale and cj affiliates bring together a group of Vendors where you can join any according to your niche(s).
You start by signing up with a network such as ShareAsale in accordance with the policies. That gives you the opportunity to join any of the programs depending on what you wish to offer your audience. In some cases, your application may have to undergo some evaluations before approval. If qualified, you’ll receive an ID and Url with which you paste on your site. If anyone from your audience clicks on the affiliate hyperlink leading to the Vendor’s platform and purchases any item, you will get a commission usually a percentage of it according to its allocation. There is nothing to worry about, there is always a cookie to ascertain that the sale is from your connection and make to credit you with the sale. There is always a smooth flow of online communications between the Vendor and the associate provider and between the provider and the affiliate marketer. This enables the writer or the blogger to get paid.
Getting started with affiliate marketing
There are a couple of factors that must be considered when as Beginner in affiliate marketing to avoid being online for several years without earning a dine. There are many platforms that teach how to become successful in online business and working from home as self boss. However, here are some of the key factors that you must take into consideration:
1. Discover your interest:
Knowing your interest and passion energize the willpower to always willing to work. It actually makes the job interesting.
2. Set your goals:
Any plan without set goals will certainly crash out in a short time. To stay focused you need to logically spell out your goals. This might require doing some private research and survey to get adequate information about your interest.
3. Buy a domain or start with a free one:
I will recommend avoiding using the free domain. There are some that are very cheap. You can get a website from as low as $1 per month for example one.com
4. Create very good content:
Write relevant, and unique articles and stories that will interest readers and your potential audience. Very good and unique content will be indexed by Google and other search engines thereby attracting traffics to your site. This is very important because the more visitors you get at your site the more someone is likely to buy through your affiliate hyperlink later.
5. Sign up or join an affiliate Platform or Network:
With your website up and running as well as receiving plenty of visitors, it’s time for you to decide what to offer for sale. Register with an associate program like ShareAsale as mentioned above and follow step two above. There are other very viable and legitimate networks such as cj affiliate, awin, and clickbank
6. Set up payment source:
There are two distinctive commission types to take note of. One is the one time commission, the method of a one-off payment. You get a commission anytime the buyer purchases an item or for referring a client. The second type is the re-current commission where you receive a commission when your referral subscribes to a program that requires a monthly subscription. You get a commission as long as your referral remains in the program. With this second method, your full income can be guaranteed.
Types of Affiliate Commission
There are several ways to receive your commission irrespective of where you are residing. This makes it very interesting because the world is now a global village. You can work from anywhere and cash out your money from anywhere in this digital world. While I am against giving out your credit card information, although it is one of the means to get your money, Payoneer and PayPal are very safe and reliable methods to receive your money. Payoneer is reachable from anywhere and any country. To sign up for Payoneer Account click here
If you are interested in having comprehensive knowledge on how to grow fast as you work from home, Wealthy Affiliate is a very good platform that teaches people how to become successful in Business Online. They also have a recurrent commission system that gives you the opportunity to start earning a full-time income working from home. If you wish to register with wealthy affiliate, please click here.