How I Made 6-Figures in Affiliate Marketing in a Year
I’m jumping deep into the universe of selling other people’s stuff! We talk such a great amount about structure up your own business, yet what might it resemble in the event that you could earn an income from selling someone else’s item or service that you love?
I’m sharing my best three hints to shake top affiliate Malaysia sales and how I made over 6-figures in one year just from advancing a few things that I really love a great deal. This episode is a game-changer in case you’re not sure what you need to create or sell; however, you’re really wanting to begin generating some income.
WHAT IS AFFILIATE MARKETING?
The proper definition is a marketing arrangement by which an online retailer pays a commission to an external website for traffic or sales generated from its referrals. Essentially, it’s when you refer people to an item or service and get a commission on the off chance that they purchase because of you.
There are a few different types of affiliate marketing, like sharing a connection to something you love that will give you money in the event that someone purchases. Even staggered marketing businesses could be categorized as affiliate marketing.
So, on the off chance that you sell essential oils or work out supplements or skincare items, and every time someone purchases through you, you get paid, then you’re technically in affiliate marketing! Pat Flynn teaches a great deal about affiliate marketing, and he narrowed down three primary types of affiliate marketing: Unattached, related, and involved affiliate marketing.
UNATTACHED AFFILIATE MARKETING
This is a compensation per click type affiliate strategy. Essentially you place clickable advertisements before someone either through Google AdWords or paid Facebook Ads, and on the off chance that someone navigates and purchases, you get a commission.
This method can be an attractive method to enter affiliate marketing because you needn’t bother with a large scope of influence or huge amounts of personal experience to acquire that extra income. However, you aren’t really creating any kind of relationship with the purchaser, so while it may get the revenue, it is anything but a truly long-haul strategy where you’re really serving people intentionally.
RELATED AFFILIATE MARKETING
This type of affiliate marketing is when you have some kind of presence online, whether through a blog, a web recording, videos, or whatever — and you have affiliate connects to items related to your niche, yet they’re for items you don’t really use.
Setting affiliate connections on your site that are related to your niche is a great strategy to earn extra income. Whether it’s in the sidebar in banner structure, or in a text interface at the base of your blog entry, because you have a website and some position, people will confide in you and your decision to place the advertisement on your site.
This can be a great method in the event that you already have some kind of online audience. However, you do need to drive traffic to the place where these advertisements are hosted to make any kind of income.
INVOLVED AFFILIATE MARKETING
Involved affiliate marketing is where you’ve used an item or service, genuinely believe in it, and personally recommend it to your audience. Not in a banner advertisement or somewhere that says “recommended resources,” however inside your content, as a major aspect of your life and strategy for whatever it is, you’re discussing.
The item nearly becomes something people “have to have,” because it’s a piece of the process. It’s your involvement and experience with the item that makes that offer so attractive.
AFFILIATE MARKETING WORKS FOR ANYONE
Consider it; how often do you recommend things like: restaurants, software, hotels, items you love, apparel shops, etc.? On the off chance that you wind up continually telling others about things you love, then fundamentally marketing was done for you!
With it, you’d be getting a percentage of the referrals you’re sending to your favorite things! Many individuals do affiliate marketing as a kind of side hustle or as an approach to acquire extra income.
However, I additionally know some people who make a great living doing this. The opportunities are endless, and in the event that you’ve never been sure about what you need to create to sell or you don’t feel like developing a pristine item or attempting to break into a saturated market however you genuinely love something, then affiliate marketing could be a great open door for you.
MY AFFILIATE MARKETING STYLE
I don’t do a huge amount of affiliate marketing. In all actuality: I have such a significant number of offers and items that I’ve created myself, so affiliate marketing is secondary for me to sell my own content, courses, and items.
However, there are some things that I can’t offer or would prefer not to offer without anyone else, yet things I use and love, and those are the things I choose to make affiliate sales for. I have around five affiliate offers that I share with my audience consistently, and in 2018 I made over 100k just from sharing these five items that I love.
I share things from HelloFresh (which we really, really love) to Honeybook, the invoicing and client management system I’ve used for a considerable length of time, right to the all-common skincare, Primally Pure that changed my life.
I’m SUPER selective about who and what I will affiliate for because I am profoundly protective of my audience and what I put my name behind, so I choose to affiliate for fewer things, however, with more intention.