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10 Tips To Make Extra Income With Affiliate Marketing

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In the era of digitalization with free access online from any corner of the world, earning an income out of digital related activities can be a solution to support your lifestyle. Perhaps you are a digital nomad travelling around the world and working remotely. Or you just feel you would like to develop new skills in addition to your main job. If any of these descriptions apply to you, then continue reading.

What is Affiliate Marketing, after all?

As a general definition, Affiliate Marketing is a modern method of advertising in which companies or individuals, called the affiliates, get paid to promote various businesses, brands or products in order to generate leads and create sales. Affiliate marketing is happening online through targeted content and insertion of links to agreed specific landing pages, in blogs or on other kinds of websites. We have ten tips for you on how to get started with Affiliate Marketing.

  1. Get the right starting information

The internet is loaded with free information on affiliate marketing that can help you get all the knowledge necessary to start this activity and see some expected results soon enough. But with the load of information, where to start?

In order to find the right information online, it is always a good idea to use comparison platforms or other resourceful websites. This doesn’t only apply for the business world, but also for entertainment. A good example here is gaming sites. With the huge variety of gambling and betting platforms, comparison portals like Veikkauskertoimet.com can help find the right one. There, users can find a lot of informative reviews on gaming sites, shared tips on gaming and latest news from the online betting world. Similar websites are available

  1. Use best practices, don’t reinvent the wheel

Affiliate marketing is one of those business fields in which you can apply the do’s and don’ts already collected and shared by many before you. This is no technical science, you don’t need to invent anything. Just respect the rules, apply them to your case and see how they work for you.

  1. Improve your writing skills

There is no need for a Charles Dickens type of talent to write powerful affiliate content. However, you should learn the rules of digital content designed for this purpose. Once again, use all the free libraries you can find online. SEO tools might also become a helpful thing for you to use later on.

  1. Know the products and the customer

Learn as much as possible about the niche market in which you plan to act. You will not be able to convincingly promote a product or service you know nothing about. Additionally, you should place yourself in the shoes of the customer in order to address their wishes and needs.

  1. Networking is crucial

When you choose to get into affiliate marketing, you should understand that it relies on connections and networking. You cannot solely rely on your current contacts, but should be prepared to approach new collaborations and meet more professionals and businesses.

  1. Talk numbers

Get used to measuring results. Marketing is not as graphic and literary as some think. There is no sales without advertising, and sales means numbers. Learn to measure the effect of every click and learn about the market needs, the customer journey, the consumption habits of the clients and have your estimates prepared.

  1. Learning by doing

If you are new in this field, you should not be hesitant. Once you have your first collaboration, start implementing it. In time, through practice and feedback, you will be able to identify how and what works for whom. Write down your learning points as you move along.

  1. Be aware of your all stakeholders

In the affiliate marketing cell, there are three stakeholders:

  • The affiliate – advertising a third party product or service.

  • The company – creating the product or service.

  • The customer – the end user buying and using that product or service.

In order to become successful in the affiliate marketing business, marketers need to take care of all the different kinds of stakeholders.

9. Share your knowledge

Just like you are now reading this article to get more insights on the topic, you should later in the process share your knowledge and instruct others. A more developed market means more sales through this type of channel and more income for the affiliates.

10. Celebrate your milestones

Thriving in a new working world is not easy. If you consider your initial plans and strategy and evaluate your evolution as an affiliate marketer to be successful, don’t hesitate to take a break and mark the moment.

Picture of Emma Drew

Emma Drew

Emma has spent over 15 years sharing her expertise in making and saving money, inspiring thousands to take control of their finances. After paying off £15,000 in credit card debt, she turned her side hustles into a full-time career in 2015. Her award-winning blog, recognized as the UK's best money-making blog for three years, has made her a trusted voice, with features on BBC TV, BBC radio, and more.

Well done