A Quick Set-Up to Start Earning Money!
a lot already and have barely even touched on the tools, steps, or processes involved in becoming an affiliate marketer.
Perhaps you hoped to have a lot more than 19 technical knowledge by now but all the above is crucial to ensure that you grasp the fundamentals of affiliate marketing and that you go into it with the right mindset to ensure your eventual success.
Often it’s knowing how to approach affiliate marketing and understanding its nuts and bolts that really makes the difference.
But just in case you’re getting a little impatient, we’re about to take the complete opposite tack. We’re now going to jump in with a straightforward business model that you can use to start earning money right away as an affiliate marketer. This chapter will outline a few simple steps you can take to start earning money immediately and that you can execute without any experience or specialist knowledge.
This will serve a few purposes. For starters, it will further help to explain the process by providing a working example. At the same time, it will give the impatient among you the ability to start earning money right now before you’ve ever read any further. Finally, it will give us a decent framework that we can build upon later. With this as your very basic business model, the following chapters will show you how to tweak the various factors or improve the business model, ultimately leading to greater profits, faster growth, and more success.
Without further ado, here is a basic business model you can use right now to start earning cash. Remember: everything we look at here will be built upon further, so don’t worry if it seems overly simplistic or if you need more information.
Step 1. Finding Your Product
The first thing you’re going to do is to find the product you want to sell. To do this, you need to find an affiliate network. This is where you will find most affiliate products to sell for a decent amount of commission.
For the purposes of this quick example, we’re not going to look at all the different networks or at the other options. Instead, we’re going to focus on one that offers the best deal in many cases: ClickBank. Compared with other affiliate networks, ClickBank tends to have the fastest set-up and most user-friendly interface. It’s also very flexible and makes it super easy for you to grab an affiliate link and embed it on your website, emails, or anything else.
To get started, head over to https://www.clickbank.com/and click ‘Become an Affiliate’. There, you’ll then have to verify your phone number over an automated system and will then have access to start searching through products to sell.
What The Cons Back To Affiliate Links?
Keeping your ‘ultimate goal’ in mind as an affiliate marketer is also important for other reasons. A lot of people who start working online will do so because they want to change the world and to be a famous entrepreneurs. A lot of people start out wanting to be the next Mark Zuckerberg.
But often, those same people would find that achieving that would actually be unfulfilling. If you’re trying to get to a place where you’re doing less work, then setting up a huge international business actually isn’t the answer. It’s also clearly not the quickest way to make it happen.
As an affiliate marketer, you will be making money by taking an existing business model and product and selling it to people. You categorically are not changing the world and thus you won’t be a famous entrepreneur. You might build some recognition as an influencer in your niche if you build a mailing list, but you certainly are not Mark Zuckerberg – you must be okay with that before you go ahead.
Actually, though, this is what many of us actually want when we set out to start earning more money. Think about the things that would actually make you happy:
* More time with your family
* Less financial stress
* More money to travel and see the world
* The ability to get up when you want/to lie in bed
* More time to spend enjoying hobbies/working on your passion projects
Now if you think of these points as being your actual goals – suddenly it doesn’t make sense to take on more responsibilities as the head of the next start-up. ‘Success’ in the traditional sense is not actually the fastest route to freedom and security. Affiliate marketing on the other hand cuts all the excess that comes from running a business and just gives you the freedom and the income.
This is what’s known as lifestyle design. Lifestyle design was originally popularized by Tim Ferriss in the book The Four Hour Workweek and it describes the process of choosing a career and income to suit the kind of lifestyle you want. Instead of fitting your life around the job you do and deciding how much you travel and where to live on that basis, you instead choose your career to support the lifestyle you want.
You don’t actually need to be rich to live in a sunny country – you just need to be able to work remotely. And you could probably afford to travel more if you weren’t paying for an expensive commute every day to work! Lifestyle design means prioritizing the things you want out of life and this is made very possible when you work online in any capacity.
And the natural extension of lifestyle design? For those who love to travel and see other countries, that would be to become a ‘digital nomad’.
A digital nomad is someone who doesn’t have a single address and instead travels the world, working online as they do. If you work online as a digital nomad then you won’t need an office and you’ll be able to work from anywhere as long as you have an internet connection. Combine this with the fact that you’ll be earning passive income and there’s nothing to stop you from traveling around the world and working in cafes or on beaches as an affiliate marketer.
Who is Affiliate Marketing For?
When you get an affiliate link, this is all you need to start making money. As long as someone clicks on your affiliate link are taken to the website of the seller and then buys a product, you will get paid.
This works using cookies. For those who aren’t familiar with the concept, a cookie is a small file that your browser downloads and then stores on your computer. Websites instruct the browser to do this and can then subsequently check for those cookies in order to identify users who have visited the site before and to store information about them. So for instance, when you log into Facebook, this stores a cookie on your computer and that is then what the site uses in order to identify who you are so you don’t need to log in next time.
In this case, clicking on that specific link stores a cookie on the computer of the customer and then redirects them to the main checkout page. This in turn means that when they buy the product, the seller is able to identify you as the marketer who referred them. All this is handled automatically by an affiliate network meaning you don’t need to worry about it – you just log in and then see easily how many sales you’ve made.
Step 2. Setting Up Facebook AdsNext up, you need to set up some Facebook Ads to start sending people to the checkout page via your affiliate link. You can choose to do this either directly, or via a landing page. In this case, we’re going to keep things nice and simple by sending people directly to the checkout where they can buy the product.
Setting up adverts with Facebook is easy enough. Just log into Facebook and then click the arrow on the far right. Here you can then find an option called ‘Create Adverts on Facebook’. Once this page loads, you can then create a new campaign, and here you’ll have several different options for the ‘objective for your campaign’.
Now choose ‘Send People to Your Website’ and where it gives you the option to enter a URL, just enter the affiliate link you were given.
From here, you’re then given a huge number of options regarding who you want to visit the link. You can choose to narrow the visitors down based on their location, based on their age, based on their behaviors, and their interests… You can even target them based on their employers, based on their job title, based on their relationship status…
This process is called ‘targeting’ and this is how you can then make sure that the only people who see your ads are people who are quite likely to be interested in buying what you have to sell.
This is important because your objective is not to be seen by as many people as possible and it is not to be clicked by as many people as possible. Every click is costing you money, so what you want to do is to increase the number of sales you get while keeping the number of clicks to an absolute minimum. You don’t want anyone to click your ad who isn’t at all likely to buy.
So let’s say that we were looking at the ‘marriage’ option and you were hoping to sell an eBook on how to organize a cheap wedding that still impresses guests. Now, all you need to do is to target men or women who are engaged. Now the only people who see the ad, are people who are likely to be currently planning a wedding. You can also target people who are of a certain age to avoid the types of people who maybe are happy to live as engaged for years without any plans to get married.
Further down the page, you get to choose your daily budget. This determines how much you can spend every day before the ads stop showing. If you only have a set budget to spend on advertising, then this is an important figure to set – otherwise, you can end up spending hundreds or thousands of dollars!
It might be tempting here to think that you can set your ad spend really low to avoid losing too much money. This strategy might work in theory but in practice, it means that you won’t get any ad clicks. That’s because, as mentioned briefly earlier, adverts have to compete for certain ad slots. There are hundreds of people all trying to show ads to ‘engaged couples’ and so the budget you set will be used to determine how often your ad shows up instead of someone else’s. The higher your budget, the more you’ll pay for each click but the more your ad will be seen. You need to spend a certain amount just to ensure that your ad is actually going to show up at all!
Next we get to add an image, a title, and a description. The title should be something eye grabbing and something that makes our product sound desirable. It’s only 40 characters long though, so you need to be smart with your use of words.
The description meanwhile is where we elaborate and this is where we’re going to use a smart technique to improve our ROI further. This is only 20 characters long though. Finally, you reiterate your destination URL. There is a ‘text section’ though as well where you also get to add some information about your site, and you can use a few more characters here.
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