Affiliate marketing can be a lucrative way to earn extra income alongside your main job or other freelance side hustles. However, it’s not just about joining any affiliate program listed online and expecting the money to roll in. Trust me – I’ve done it.
Grab a coffee and settle in as we walk you through how to start an affiliate marketing side hustle.
Affiliate marketing is a great way to build up a brand for yourself that you can leverage to make your own products long-term or to promote Brands and products that you already love.
The best way to get started is to choose a niche that you already love. Then leverage affiliate marketing platforms to find products within those spaces. You’ll find it a lot easier to create compelling content around those and make more money!
We’ll investigate how to spot a lucrative area of interest based on your abilities and interests. We’ll also discuss how to find high-volume products within that niche for maximum earnings.
You’ll learn how to join relevant affiliate programs with a diverse range of products while understanding what typical affiliate commission rates range should look like. Additionally, we’ll cover creating an effective affiliate marketing funnel that isn’t delivering affiliate sales due to common mistakes such as suddenly posting endless unrelated posts.
We will also explore leveraging social media platforms using strategies like video sharing platforms livestreaming pay-per-click for promotion. Furthermore, we’ll touch upon diversifying income streams in case one affiliate scheme ends and differentiating between unattached vs related affiliated marketing schemes.
Finally, the resources available for becoming a high earning affiliated marketer including various investment options will be discussed at length. This guide is designed to equip you with everything needed when starting out with your own successful Affiliate Marketing Side Hustle!
Table Of Contents:
- Identifying Your Niche for Affiliate Marketing
- Joining Relevant Affiliate Programs
- Creating an Effective Affiliate Marketing Funnel
- Leveraging Social Media Platforms for Promotion
- Income Streams: Don’t Put All Your Eggs in One Affiliate Marketing Basket
- Resources For Becoming A High Earning Affiliate Marketer
- Feel Ready? Let’s Go!
- What We Learned
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Identifying Your Niche for Affiliate Marketing
The first step in launching your affiliate marketing side hustle is to find a niche that tickles your fancy. Whether it’s fashion, health, tech, or travel, pick something you’re passionate about. Promoting something you truly enjoy is much more enjoyable than hawking a product that doesn’t interest you.
Choosing a niche based on personal interests and expertise
When picking your niche, consider what you excel at. If you’re a kitchen whiz, why not promote kitchen gadgets? Your expertise will shine through, and people will trust your recommendations.
Plus, Forbes has some great tips on finding your passion-based niche if you need some inspiration.
Researching high-volume products within the chosen niche
Now that you’ve found your niche, it’s time to do some detective work. Look for popular products that have a wide appeal. After all, the more people interested in the product, the more potential sales you can make.
Tools like Ahrefs’ Content Explorer can help you identify trending topics and products in your industry.
However, not all products have the same value. Make sure to choose ones that offer reasonable commission rates. Typical affiliate commission rates range between 5% and 30%, so aim for the higher end if you can.
And remember, high-ticket items or subscription services often bring in more moolah than cheap one-time purchases.
Now, here’s a word of caution: don’t go overboard with the affiliate links. Bombarding your followers with endless promotions will make them run for the hills. Instead, find a balance.
Mix in regular non-promotional posts with subtle affiliate links. This way, you’ll maintain your credibility and keep your followers engaged.
Joining Relevant Affiliate Programs
Okay, so you’ve already found the perfect affiliate marketing side hustle. The next thing you have to do is figure out how to find the best products to promote.
There are hundreds of different affiliate marketing sites out there and a lot of them will offer different rates or opportunities that can be really compelling. We’re going to look at three of those sites to help you get started.
Unlocking the Power of Share-A-Sale’s Affiliate Marketing Marketplace
If you’re looking to start an affiliate marketing side hustle, one platform that can help propel your journey is ShareASale. This affiliate marketplace provides a wealth of opportunities for new and experienced marketers alike.
The first step in using this complex business-to-business marketing tool effectively is understanding how it works. Once you sign up, you’ll find numerous affiliate programs listed, each offering different products or services. The typical affiliate commission rates range depending on the product or service, so choose wisely based on what aligns with your audience’s interests.
It’s easy to use and lists millions of products.
Launch Your Affiliate Marketing Side Hustle With Clickbank
ClickBank is another affiliate marketing Marketplace.
They’ve been around for over 25 years and sell products in over 190 countries. They claim to have paid out over 6 billion dollars in affiliate fees! They list thousands of high quality products with some great, and unique product opportunities across a ton of different niches.
They even offer a free course to help you get started.
Explore Amazon for a diverse range of products
Start with Amazon’s affiliate program. They have everything from fashion to tech gadgets, books to home decor. It’s like a virtual shopping mall.
The best part is you never know what someone is going to buy. You might link them to a toaster, and they might buy an ipad!
Know the commission rates
Commission rates may vary from as low as 1% to as high as 50%. Read the terms carefully before joining any program.
Other platforms like Rakuten Marketing and CJ Affiliate by Conversant also offer great influencer marketing programs. They have a wide variety of products across different niches, perfect for sharing affiliate links.
Don’t forget to check out individual company programs too. They often offer better commissions than larger networks. Look for ‘Affiliates’ or ‘Partners’ sections on company websites.
Find the perfect fit
- Evaluate Product Relevance: Make sure the product/service resonates with your audience’s interests and needs.
- Analyze Commission Structure: Consider the percentage per sale and the effort required to promote effectively.
Choosing the right affiliate scheme is a personal decision based on brand alignment, audience interest, and more. Remember, it’s not just about making quick money, but building long-term relationships between brands, yourself, and your audience.
Creating an Effective Affiliate Marketing Funnel
The key to a successful affiliate marketing side hustle lies in the creation of an effective affiliate marketing funnel.
This tool is not just a complex business-to-business marketing tool, but also serves as your guide to seamlessly leading potential buyers through their purchase journey while simultaneously raising awareness about the product or service you’re promoting.
Utilizing Automation Tools such as Pretty Links
In order to streamline this process and avoid common affiliate marketing mistakes like suddenly posting endless unrelated posts, automation tools can be incredibly helpful.
One such tool is Pretty Links, which scans your content archives and automatically inserts relevant links where appropriate. This helps ensure that you’re sharing affiliate links in a way that doesn’t come off as overly promotional or spammy.
Avoiding Common Mistakes Like Suddenly Posting Endless Unrelated Posts
Becoming too eager with your newfound venture could lead you into making some rookie errors. A typical mistake many beginners make is suddenly posting endless unrelated posts filled with irrelevant affiliate links – this approach isn’t delivering the desired results for most marketers because it tends to alienate audiences rather than engage them.
- Mistake 1: Overloading Your Content With Links: While it’s important to include these links within your content, overdoing it can make readers feel overwhelmed and less likely to click on any of them.
- Mistake 2: Not Being Transparent About Affiliation: It’s crucial for trust-building purposes that you disclose any affiliations upfront so there are no surprises down the line when they find out otherwise from other sources.
- Mistake 3: Promoting Products You Don’t Believe In: If you don’t personally believe in what you’re promoting, chances are neither will anyone else.
To prevent these missteps from happening, take time understanding how each aspect of an affiliate marketing funnel takes place, including how best practices should be implemented at every stage – from awareness all the way up until conversion happens. Remember success doesn’t happen overnight; patience coupled with consistent effort pays off eventually.
Finding Success with Unattached Affiliate Marketing
In unattached affiliate marketing where there isn’t direct promotion of products through established online platforms like blogs or social media channels, video sharing platforms livestreaming pay-per-click ads can be leveraged instead. You can also consider influencer marketing programs if you have a fairly famous online presence already.
Leveraging Social Media Platforms for Promotion
The role of social media platforms in launching an Affiliate Marketing Side Hustle is pivotal. They provide direct access to vast audiences across different demographics, offering ample opportunities for promotion, engagement growth, and earning potentials.
Leverage Video Sharing Platforms for Enhanced Visibility
In today’s digital age, video content has become a powerful tool in the marketing world.
From YouTube to Instagram Live, video sharing platforms offer unique ways to promote your affiliate products or services. Create engaging videos showcasing the benefits and share them with clickable links directing viewers back to your site.
Additionally, livestreaming allows you to engage directly with potential customers, answering their queries live or demonstrating how a product works. Consider pay-per-click (PPC) advertising to target specific keywords related to your niche market, increasing visibility among interested users.
To start with PPC efforts on popular social media sites like Facebook and Google Adsense, look into this comprehensive guide from HubSpot for newbies.
While leveraging these strategies, remember to focus on providing value through quality content. Building trust among followers ensures they don’t feel overwhelmed by promotional posts. Buffer’s Guide on creating a balanced content calendar could be useful here.
Remember: Balance Is Key.
Social media success doesn’t happen overnight. It requires consistent effort, content planning, and understanding audience preferences. Don’t get disheartened if results aren’t immediate.
Instead, focus on building genuine connections and delivering valuable content over time. Avoid common affiliate marketing mistakes like suddenly posting endless unrelated posts. Such tactics often lead followers to feel spammed rather than informed.
Remember, the aim is not solely to generate sales but also to form connections.
Income Streams: Don’t Put All Your Eggs in One Affiliate Marketing Basket
Diversify your affiliate marketing side hustle like you would your investments. Multiple income streams are the key to avoiding a high and dry situation if one scheme ends or isn’t delivering the expected sales results.
Unattached vs Related Affiliate Marketing: Know the Difference
There are two main types of affiliate marketing: unattached and related. Unattached means promoting products without a direct connection, like posting links on social media or using pay-per-click ads. Related affiliate marketing involves promoting products that align with your content or niche.
Both have pros and cons, so diversify wisely.
Avoid the common mistake of suddenly bombarding your followers with endless unrelated posts. Keep their trust and maintain a steady revenue flow from various schemes.
Finding New Affiliate Programs: Don’t Panic, Plenty of Fish in the Sea
If an existing program isn’t delivering affiliate sales or ends abruptly, don’t panic. There are plenty more affiliate programs to choose from. Do thorough research on commission rates and product alignment before jumping ship.
Build sustainable relationships for mutual benefits.
Maintaining Transparency: Be an Influencer with Integrity
Stay transparent with your audience by disclosing any changes in your affiliated partnerships. This ensures credibility and helps you become a fairly famous online influencer, earning extra income alongside other freelance side hustles.
Resources For Becoming A High Earning Affiliate Marketer
The journey to becoming a high earning affiliate marketer is like a marathon, not a sprint. Staying ahead of the rapidly changing digital landscape requires continual learning and adaptation. To stay ahead of the game, invest in educational resources that provide comprehensive guidance on all aspects of affiliate marketing.
Investment options for mastering affiliate marketing
A great starting point is the Step-by-step Affiliate Mastery Bundle. This course covers everything from understanding your niche to creating effective affiliate marketing funnels and avoiding common mistakes that could hinder sales.
Books are also a valuable resource. Check out “Affiliate Marketing: Learn How To Make Your First $1000 Passive Income Online” by Ray Hamilton or “The Complete Guide to Affiliate Marketing on The Web” by Bruce C Brown.
If you prefer hands-on learning, attend workshops or seminars related to affiliate marketing. These events offer networking opportunities where you can learn from experienced marketers.
Joining forums or communities dedicated to affiliate marketing is another great option. Websites like Warrior Forum, AffLift, or Stack That Money provide platforms for beginners to interact with professionals and learn about unattached vs related affiliate schemes.
No matter your learning style, there’s something out there tailored just for you. Remember, success doesn’t happen overnight. It takes time, patience, and persistence to see the desired level of income generation.
So keep pushing forward and never stop exploring new avenues for knowledge acquisition.
What We Learned
Starting an affiliate marketing side hustle is a great way to earn extra income alongside your other freelance gigs or day job. Remember, in order to be a successful affiliate marketer, find a niche you know you’ll enjoy, affiliate programs that offer a diverse range of products, and products that have high earning potential.
So if you want to know how to start an Affiliate marketing side hustle, you just have to follow these steps:
- Find a niche and products you love before you start.
- Leverage an affiliate marketing marketplace to help you find products without the hassle.
- Create an effective affiliate marketing funnel that automates the process and saves you time.
- Promote your affiliate links on social media platforms and leverage your audience to increase your chances of earning commissions.
- Don’t make the mistake of posting endless unrelated affiliate links – focus on providing valuable content that resonates with your audience.
- Research typical affiliate commission rates to ensure you’re getting a fair deal.
- Diversify your income streams so you’re not solely reliant on one affiliate scheme.
- Invest in resources and education to master the art of affiliate marketing and increase your earning potential.
Remember, affiliate marketing is all about finding the right products and promoting them in a way that adds value to your audience. The more you know and love the products yourself, the easier it will be!