If you’re looking to dip your toe in the Affiliate Marketing pool, the below guide is going to help you get to $10,000 a month!
Affiliate Marketing has become one of the biggest online industries to make money in 2020 and is only set to get bigger!
After all you have the ability to promote and get paid for products that you didn’t need to create yourself.
There are many ways to make money online with Affiliate Marketing in 2020 and I’m going walk you through all of them right now!
When starting a new business venture, we don’t always have a lot of money to get started. I have detailed all the ways you can make money with Affiliate Marketing, both FREE and PAID methods.
Bear in mind with the FREE methods it will typically take longer to see results than the paid methods.
Naturally with any business there are pros and cons but don’t let that stop you from taking the leap!
Benefits of Affiliate Marketing
- No experience necessary
- Don’t need to spend time creating a product to sell
- Very little to No start up costs required to get started
- Not limited to selling one specific product
- Ability to establish your own customer base using a ‘opt in’ pages
- Completely Flexible
- Passive Income possibilities – Make money while you sleep
- No need to deal with Customer service
Some things to look out for
- Not guaranteed income
- No control over the products
- If you pick a product with a high refund rate, you could be losing
Decide this before you start..
There are some things you need to decide in order to effectively make money with affiliate marketing.
Choose a Product/ Niche to Promote
You can easily search a wide range of products to promote on a variety of affiliate networks.
Some products work better on certain platforms, so make sure you do the research to find out which platform your product is likely to do well on.
For example, Pinterest is a visual search engine, so niches like health and fitness do well on there as well as Instagram.
Some of my favourite places to find products to sell is:
Create promotional materials around that niche
Your promotional materials, whether they are Pin images on Pinterest or Videos on Youtube NEED to be able to catch the visitors attention.
Canva is a great choice for creating aesthetically pleasing images whether it is for Pinterest or Instagram.
It can even be used to create your logo and thumbnail image for your video on Youtube.
Spend time creating your promotional materials as these are the things that will drive people to your affiliate link.
So let’s dive in…
Best Ways to Make Money With Affiliate Marketing
Can you make money with affiliate marketing on Pinterest?
Pinterest is a great platform for people in a number of niches to promote their affiliate links.
Creating passive income streams without a website is totally possible with Pinterest and is so easy to do!
If you look on Pinterest you’ll see a variety of beautiful pins linking to different pieces of content.
Affiliate Marketing on Pinterest FREE:
You can create a beautiful pin in a matter of minutes on Canva, then add a description and your affiliate link and simply post on Pinterest.
When somebody clicks on your Pin Image, they’ll be redirected to your affiliate offer.
Be careful though!
There is a lot of controversy with “direct linking” on Pinterest, with some people stating it will get you banned.
Not to mention, people are less likely to purchase from you with a direct affiliate link.
Affiliate Marketing on Pinterest PAID:
The best way to promote your affiliate links on Pinterest is to use a bridge/landing page first.
This will eliminate the risk of you getting banned and will also allow your visitors to build trust with you first.
You would create a landing page to go in between your Pin image and your affiliate offer.
I currently use Builderall to create beautiful landing pages to do just that. It’s easier to use than ClickFunnels (in my opinion) and you can get started with a FREE 14 day trial.
Related Post: How to Start a Money Making Blog in 2020
Youtube is one of the best ways to make money with affiliate marketing!
Oh the possibilities with Youtube are endless!
Whether you want to show your face or not, there are ways to make a lot of money with Affiliate Marketing on Youtube in 2020.
Affiliate Marketing using Youtube FREE:
Starting a youtube channel and consistently posting content is a great way to make money on Youtube for FREE!
Whatever niche you’re in, you need to be consistent with the content you put out.
If you want to make a video talking about the best skin care products for dry skin, for each product, place your affiliate link in the description.
Each time someone purchases from your link, you’ll get paid!
The downside to this method, is it will take time to build a following and page views, so results will not be instant.
Be consistent and in a few months you’ll almost definitely see results.
Affiliate Marketing using Youtube PAID:
Running Youtube ads is actually an untapped lucrative way to promote affiliate links and make money online.
They aren’t as expensive as Facebook ads and reach a lot more people. The world we live in is a lot more visual than it used to be, so promoting links via video is a great way to see results fast!
You can either create a video or use an existing video (with permission) and run ads using this video via Google ads.
Simply add relevant keywords and add your affiliate link/landing page and watch as your affiliate income sky rockets!
Blogging is the way I am able to make over $3k with affiliate marketing alone.
I built this blog from the ground up and the great thing is with the right product to sell, you don’t need massive amounts of traffic to see results come in from the very start!
Affiliate Marketing using a Blog FREE:
If you’re on a budget there are still ways to make money with affiliate marketing.
On Medium, you are able to publish your content for free and anyone can sign up!
Medium have a super huge audience and are ranked high in Google, so you’re likely to reach a lot of people.
You can also include your affiliate links within your content without penalisation!
I don’t recommend starting with this method long term, however it can be a great option if you are just getting started.
Affiliate Marketing using a Blog PAID:
Not only will you be able to have your own domain name and look more professional, but your blog will be faster and you’ll have more freedom to make your blog look high quality; like adding necessary plugins.
Overall the money making possibilities with a Blog are huge!
Yes it can take time to get started but once you do and are seeing traffic consistently, you could be making money in your sleep!
You can get started with a self hosted Blog with Bluehost, the blog hosting provider I’ve used to start Live Love Health & Wealth.
They offer a really easy set up to WordPress and customer service is great. Bluehost is the hosting provider I’d recommend for Newbies.
Their starter plan is only $3.95 a month and they throw in a FREE domain and SSL for 1 year. Get started for only $3.95 a month..
Get your Blog set up today with my step by step guide on how to create a money making Blog in 2020.
Growing an Instagram page in 2020 is a great way to build a brand and get your (or other peoples) products out there.
Instagram is a chosen method by many affiliate to make money with affiliate marketing.
Affiliate Marketing on Insta FREE:
You can grow a page from the ground up by choosing a profitable niche and consistently post relevant content.
This can take a lot of time and effort, as you would need to post every day to stay relevant and may not see results for a number of months.
However when you have built a following of 7-10k, you’re able to add affiliate links in your bio and the chances of people clicking a purchasing significantly increase.
Not to mention, when you have enough followers you’re also able to sell Shoutouts to businesses who want to promote their products.
Affiliate Marketing on Insta PAID:
One of the main ways people make money through affiliate marketing on Instagram, is to buy shoutouts from Influencers and Niche Pages.
For example, if you chose to promote a Health product, you could reach out to a Health & Fitness Niche Page like the one below to promote your affiliate link in their BIO.
Shoutouts range from $5-$200, it all depends on the size of the page.
If you’re just starting out $10-$30 per shout out is a good starting point.
If you have a little money, this is a great way to promote your affiliate links because with a good Instagram Page you could reach a lot of people in a short amount of time and see results very very quickly.
Related Post: 10 High Paying Side Hustles to Make Money Online in 2020
5. Email Marketing
Email Marketing has been an extremely effective way to promote products and services for a number of years now.
It will involve you sending out content, offers etc to customer on a list, either one you have built yourself or one you’ve bought.
Affiliate Marketing using Email Marketing FREE:
To start promoting your links for free using Email marketing you would need to have a list you’ve built up yourself.
You could sign up to a FREE 14 day trial of Builderall, create a ‘squeeze’ or ‘opt in’ page to gather as many email addresses from people as possible with those 14 days.
On your landing page, you would offer a FREE piece of content or product or service in exchange for their email address, as they are more likely to want to opt in.
Sign up to an email marketing service such as Mailerlite (FREE for first 1000 subscribers).
Use this list and send them weekly content/offers promoting your affiliate link. Make sure you send them quality content they will find helpful.
Providing value here is key!
Affiliate Marketing using Email Marketing PAID:
Here is where building an Opt in Page to collect emails will really pay off!
Offer your prospective subscribers a free piece of content to get them to sign up. Once you have your email address you can use Mailerlite to send out emails containing your affiliate link.
Products that are offered on affiliate networks such as Clickbank, often give you free Email marketing material to use to promote their products!
This is amazing as it means you don’t need to even create the content to send out to your subscribers.
Facebook is another great way to promote products for cash, however it can be the most difficult to master.
They have been known to ban various ad accounts because of the excess use of affiliate links. There are ways to work around this.
Direct linking will not work! With this method you will need to have a bridge/landing page to run in between your ad and your affiliate offer.
Affiliate Marketing using Facebook FREE:
Like we talked about before, you can sign up to a FREE 14 day trial of Builderall to create your landing page.
This time you do not need to capture emails if you don’t want, although it would be very smart to get as many email opt ins as possible.
You would use your personal profile to gain and reach out to as many followers as possible.
Affiliate Marketing using Facebook PAID:
If you are looking to fast track your success on Facebook you will need to create a Facebook Page dedicated to your niche/product.
Running facebook ads to your landing page can take as little as $5 per day.
Once you start to see traffic, simply up the ad spend and pour your profits into scaling up.
My Final Thoughts..
The moral of the story is, the possibilities are endless with affiliate marketing online.
How much you earn is dependant on how much you put into it.
Go with which ever methods suit you best, and remember when you start to see some returns, pour your profits back into the business and scale upwards.
Don’t be afraid to spend some money to make a little money, especially if you want to see fast results!
This is the quickest way to get to $10k a month and more!
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