Can I Really Make Money Online with Affiliate Marketing?

affiliate-marketing-money-onlineThe fact is that 100,000’s of purchases take place online everyday. Many companies, both big & small are competing for that business and need help driving traffic to their online stores. They use offline promotions, search engine optimization, email marketing, social media and affiliate marketing.

Affiliate marketing is great for online merchants because for only a fraction of their overall cost they can have an entire army of affiliate marketers on the web promoting their products day and night.

Major corporations, such as Discover, WalMart, Apple, Target and Dell all have affiliate programs. They understand that it’s easier to pay affiliates to reach their target audience rather than try to do this themselves. In a sea of competition, they rely on us to drive targeted traffic to their products and are willing to pay for it.

The degree at which you wish to participate in and earn commission from these e-commerce transactions is entirely up to you. There is no guarantee that you will make any money. You may make no money at all. There is no get rich angle when it comes to affiliate marketing. It takes time and patience to study your market, learn the tools, pick the right products and build out your strategy.

If you do these things well, however, then there is potential to earn money online. Some folks start earning money right away. Some people takes weeks or months to earn their first dollar and then leverage their newfound knowledge to increase their earnings on a regular basis. There are ways to improve your odds for success but no one can predict for sure how much money you will make with affiliate marketing.

Here’s something to consider …

Think about your favorite hobby for a minute. Do you think there are other people who are passionate about that same hobby? Do you think they buy products so they can enjoy or participate in that hobby? Is there a new product in that market that everyone is talking about? Could you write about that hobby and those products on a website? Do you think you could sell those people a product that reflects their interest in that hobby?

If you answered yes to those questions, then there is likely a product available to sell to these people through affiliate marketing.

Some companies have their own affiliate programs but most companies use an affiliate program network, such as LinkShare, Commission Junction or ShareASale. There are dozens of other networks … these are just three of the most popular networks. They are free to join. Check em’ out!

Please leave a comment below or on Twitter @steinarknutsen.

Thanks,
Steinar