Lets simplify the affiliate marketing process as much as possible, because there is so much information, and outdated information as to how affiliate marketing works. It isn’t complicated at all and you are just as capable as I am of creating an online business.
If you have a few minutes, let me show you how I have built successful affiliate marketing businesses on the way to creating financial freedom and am now helping thousands of people do the same through the WealthyAffiliate.com platform. You can check out Wealthy Affiliate for free today.
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But before I begin, I would like to take a few minutes to tell you my story of how I got involved building my online business with Wealthy Affiliate.
My Story
Six years ago my son came to me, really excited, telling me he found a great way to make extra money with some place called “Wealthy Affiliate.”
My hairs quickly stood on end on my neck and I knew this was a scam, so I told him to give me a few days to check it out and see if it was really legit.
I’ll keep this short, but the real answer was that within 1 day, I know Wealthy Affiliate was legit, and within 3 days I had started building my first website, and this is coming from a person that had never built a website in my life.
By the end of the first week, I had signed up for the Premium Membership and after one year, I saw the real value of becoming a Premium Plus member, paying annually, as you save so much money over paying monthly. Here’s an example of what you get with the S1tarter Membership versus the Premium Membership.
You may not completely believe me if I had only been at Wealthy Affiliate for a year or less, however, I have been here for 6 years now and many members have been around for a lot longer time than me.
So now let’s have a look at the process of affiliate marketing, and how that works, and then I am going to show you the process on what and how to start an affiliate marketing business, and how you can get started TODAY, with your own business online.
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How Affiliate Marketing Works
There is a brain numbing amount of information on affiliate marketing on the web, but the problem is with so much information there is going to be bad information. The problem is finding the great information, plus a vibrant community that will help you along the way.
I have been running several successful online business over the past 6 years and the same “simple formula” that worked for me, continues to work to this day. You have a product, and you have a customer. Your job as an affiliate marketer is to align these two things. That’s it!
Here is a diagram outlining how affiliate marketing works:
Now this is a slight oversimplifying, but I am doing this for a reason. I don’t want you to be scared of the word “affiliate marketing”, because you are just as capable of creating a full-time and very successful affiliate marketing business as I am. All you need is the right training, the right guidance, and the tools necessary to get you there.
The thing is, affiliate marketing at it’s core is very simple. There are a few terms that you will want to become familiar with.
Affiliate (YOU). You are the affiliate, this means that you can join companies like Etsy, eBay, Walmart, Amazon (and 10,000’s of others) and promote their products and services. When you join these companies Affiliate Programs, they will give you a special “affiliate link” that is exclusive to you, and allows you to track all of the sales you generate.
Affiliate Program (companies like Amazon). Most companies have an affiliate program, 99% of all of the brands in the world in fact can be promoted online and you, as an affiliate, can earn a commission. Amazon is one of the biggest affiliate programs in the world and will allow you to promote 100’s of MILLIONS of products, with a single account.
Earning Affiliate Commissions. Affiliate programs will give you a kick back if you can send people to their website, and they end up buying something. Say you send someone to Amazon through your affiliate link, and they end up buying a fridge. Amazon will pay you a % of the total sale. Amazon offers around 3-6% commissions, so a transaction like this may yield you $50 – $100 (depending on the price of the fridge). Depending on the company and affiliate program, they will typically pay between 2% and 50% in commissions.
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Unlimited Potential. As an affiliate marketer, your potential has no limit. The more people you can get buying through your affiliate links, the more money you make. Many affiliate marketers make several million dollar per year, and this can be a reality for anyone that is willing to put forth the effort to build an affiliate marketing business. But HOW do you build an affiliate marketing business? I am going to cover that in the next section.
The 4-Steps to a Starting a Successful Affiliate Marketing Business
So how can YOU create your own successful affiliate marketing start-up? There are actually only 4-steps to creating a successful affiliate marketing business, and if you can follow these and have access to the training, tools and support necessary to run your business (which I will be helping you with), you are going to be off and running!So I am not only going to be giving you the exact steps, but I’ll be helping you understand how you can accomplish these steps.
Step 1: Choose an Idea.
The first thing you are going to need to do before you start building out of any business, is come up with an idea for your business. This is also called the “niche” stage of your business, where you get to choose the audience and the category of your business. This could be anything, from training a puppy, to basketball, sports betting, to video games, etc. There are literally millions of potential directions that you can head with your business. This is the exciting part.
I tend to recommend that you choose a passion/interest as your niche. This way, you will truly love your business, and when you love what you do, you never have to “work” a day in your life. The Internet and the affiliate marketing industry has afforded us all this very opportunity.
Wealthy Affiliate now has a new AI Niche Finding tool that makes finding great niches much more simple. You may be wary of AI as I was but it’s great to be able to use it for research and as a took that can give you an edge over your competitors.
How to Choose Your Idea: Choose a niche or a passion. There are over 5 BILLION people online now, so even the most obscure niches have a vast audiences. If you are a member of Wealthy Affiliate, you have access to video classes walking you through the niche selection process along with direct help from the community (and myself) who can give you feedback on your niche.
Step 2: Build a Website.
Your website is your foundation of your business. Think of it like a shop within the offline world. If you have no “storefront”, you don’t have the ability to attract and help customers, or the ability to sell anything. Your website is in essence your storefront, where you are able to help your audience, communicate with your audience, and promote products/services.
If you don’t have a website, you don’t stand a chance of running an online business. It is the first and key necessity you need to creating a long term business.
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How to Accomplish This: You can build high performing and profit-ready websites with ease, at Wealthy Affiliate. You can even get up and running with one for completely free, within the Starter account. Another perk to using the website platform at Wealthy Affiliate is that their hosting (where your website lives) is high speed and ranks better than other providers. This can give you a competitive advantage and can lead to a lot more opportunity as you build out your website.
Step 3: Get an Audience.
In the Internet world, your website is also the place where your “traffic” will arrive. Without people coming to your website, there is no way to make money. So it is important to understand how to attract traffic to your website.
Traffic can come in many forms, but one of the most sustainable and long term traffic methods is through search engine optimization. This means, getting ranked in search engines like Google, and as a result getting all sorts of FREE traffic to your website. Once you have traffic, you have opportunity.
So this is the next focus, once you have your website up and running. Building out your website in a way that leads to traffic.
How to Accomplish: You need proper “traffic” training, along with a website that is set-up to rank well within search engines. These are both things that are provided within Wealthy Affiliate, you have access to elite SEO training, along with classes and access to experts that will personally help you with your traffic campaigns. I can personally vouch for the expertise of the coaching and the quantity and quality of training that is continuously being updated.
Plus, there are many other ways you can get traffic to your website as you build it out. Social media channels, YouTube and video blogging, podcasts, and paid traffic channels. These are all covered in detail within the training at Wealthy Affiliate.
Step 4: Make Money.
Last but no least, the “make money” part of your business. This is where you earn money through affiliate programs. Basically there are over 550 MILLION products/services that you can promote as an affiliate marketer, in exchange for a commission. You will be adding these special links on your website from companies like Amazon, Etsy, Nike, Apple, eBay, etc., and you will then earn a “kickback” if someone goes from your website to theirs and ends up buying something.
The affiliate marketing industry is growing at the fastest pace ever, and affiliates stand to earn $12 BILLION online this year, with this growing even more next year. You can get your chunk of this pie.
Here are a few success stories you can read about at Wealthy Affiliate by Clicking on the links below.
How to Accomplish This: Finding affiliate programs can be an inefficient task at the best of times. You typically have to go through a bunch of Google searches, just to find what you are looking for. Within Wealthy Affiliate, you have instant access to an Affiliate Program search where you can search through 10,000+ affiliate programs, across some of the top affiliate networks online.
Not to mention, the training you will be getting on how to properly integrate affiliate promotions into your website to maximize conversions, along with some insight into the customer purchase lifecycle, critical information if you want to become a high performing, and successful affiliate marketers online.
So there you have it, how to effectively start an affiliate marketing business in a nutshell. If you are interested in creating your own affiliate marketing business and have no experience, or you are currently trying to build out or scale an affiliate marketing business and you are not getting the results you want, I can personally help you.
Below is one example of the kind of community engagement and support you will find at Wealthy Affiliate.
Again, I have been at this for over 6 years and with Wealthy Affiliate’s work in this field for over 20 years, I am positive you will be impressed. You can immediately connect with me within my homebase at WealthyAffiliate.com Upon creating your account, you will get access to the training, websites, hosting, research tools, networking, mentorship and direct support.
You can get a free “test drive” Starter account today to learn more about all that Wealthy Affiliate has to offer. I highly recommend if you are even the slightest bit interested in becoming an elite affiliate marketer, you get rolling right now with your account. I will be reaching out to you within 30 minutes or so, of you joining.
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Premium Plus+ Membership: $99/month or $697 Yearly Discount!
Please leave any questions you have for me below. I will make sure I get back to you as soon as I can (usually within a few hours).
Although it is defenitely possible to create an income with affiliate marketing, I do wonder if those success stories from at least 3 years ago, is still up to date. I found out the hard way that things start to change in the SEO world, since the last google core update at the end of 2023, and still going on today. Do you have any current success stories from Wealthy Affiliate? thanks!
That’s a great question and yes, there are many more up to date success stories at Wealthy Affiliate. You can see them if you go over to Wealthy Affiliate and check out the Free Starter program by clicking on the link below.
https://www.wealthyaffiliate.com?a_aid=f9acd2db
Thanks for the comment and let me know if you have any other thoughts or questions.
Hey thank you for this post!
I found this very interesting to read and learned quite a few facts which I can hopefully implement in my online business!
It was nice reading about your personal work, its always inspiring as well as motivating to see others success and where hard work along with dedication can take us.
I really like how you have split up the information and how one can become a successful affiliate marketer, it makes it much simpler to understand!
Thanks again and have a great day!
Thank you for letting me know what you liked about it.
It’s true that anyone can become a successful affiliate marketer. People just need to follow the training and be committed to the process.
Hey Rick,
I find this post to be a comprehensive and informative guide on getting started with affiliate marketing and building an online business. The step-by-step approach breaks down the process into manageable tasks, making it less intimidating for beginners.
As someone who is a member of WA, I can say that it is a great platform to create engaging content and have fun at the same time. The community is always willing to help and share their own stories. I really enjoy this platform and it seems that we are moving into more innovative ways to create content rich posts, This makes it so very exciting and the perfect time to jump into it.
Thank you for sharing this post with us!
Thank you for sharing your thoughts and experiences at Wealthy Affiliate. It always helps other people to see that it’s working for others.
Hi you summarize this perfectly. I think the most important thing is to choose your passion. Long term it is critical. The setbacks suck and they never end. Things always get hard. So if you’re not passionate your chances of pushing through the never-ending setbacks are very small. Good luck.
That’s a great point. Sometimes succuss is just around the corner or right when you’re experiencing a setback, but with the incredible training at Wealthy Affiliate plus with help from an extremely active community, it’s easier to learn from the problems and push through to success.
Rick
Hi Rick Your post provides a clear and simplified overview of affiliate marketing, breaking down the process into four essential steps. He emphasizes the accessibility of building an online business and achieving financial freedom through affiliate marketing, demystifying the complexity often associated with the topic. The emphasis on passion-driven niches, the importance of a website as a foundation, attracting an audience through various means, and ultimately monetizing through affiliate programs provides a practical guide for those looking to venture into this field. The mention of Wealthy Affiliate, as a platform offering training, tools, and community support adds credibility and a potential resource for those interested in exploring affiliate marketing. Overall, the post serves as a valuable introduction to the world of affiliate marketing for beginners, Well done!
Thank you for your insight and valuable feedback.
Rick