Practical Affiliate Marketing Tips For Beginners and New Affiliates

Affiliate marketing is one of the most popular digital marketing strategies today. In fact, it’s probably the easiest, cheapest, and fastest way to reach thousands of potential customers who are looking to buy your company’s product or service. As a result, many companies have turned this into their primary digital marketing channel.

In this blog post you will learn some practical insights into affiliate marketing as a new business venture for startups. Let’s first take a look at what an affiliate program is and how it can be used to promote your products or services in a cost-effective manner. Then we will explore some practical tips on how you can get started with affiliate marketing as a new business venture for startups.

 

Niche research for affiliate websites

Before you start your affiliate marketing campaign, it’s important that you do some research to find the right niche. We cover more on how to do niche research in this blog post. In summary, you need to start off with getting the estimated size and value of that market. This is also a good time to clearly define who your competitors are in the market. Next, you segment the customer base of that market, and then select a segment you want to target. 

 

Most Profitable Niches in Affiliate Marketing

There are many niches available in affiliate marketing. They include, but aren’t limited to, :

• Digital SaaS Products (eg: Notion, Monday.com)
• Professional Services (eg: Betterhelp, Legal)
• Digital Products (eg: Audible)
• Subscription Services (eg: Blue Apron, Hellofresh)

There are heaps of niches out there that you can profit from. To find out which niche works for you, check out our post on the Best Affiliate Programs and Networks for Beginners.

Choosing the right niche to represent your company or product is important because it’s necessary to be able to reach a target audience. Choosing the right type of product is also important because you need people who have what you sell. For example, if you’re selling pet food online, you want to choose a niche that is dominated by people who have pets and are interested in buying pet food online. This will increase the likelihood of building a loyal following that is willing to purchase from your brand again in the future.

 

How to find best affiliate program or affiliate product for your site

When it comes to affiliate marketing, you have a lot of different options. You can choose to create your own affiliate program or go with an existing one. You can even work with other companies and offer promotions to the products and services they offer. But before you jump into those options, it’s important that you know what type of offers are available near your location and target audience.

 If you’re just starting out in affiliate marketing, taking a look at the top offers in your area is a good place to start. Additionally, you should also make sure that there is enough demand for your product or service in order to make this an effective strategy for marketing your company. If there isn’t enough interest nearby, then working with other companies might be more beneficial for increasing traffic on your site.

 

How do I create a successful affiliate strategy? 

Creating a successful affiliate marketing strategy can be a daunting task, especially for beginners. However, with proper planning and execution, it is achievable. Here are some detailed bullet points to help guide you on how to create a successful affiliate marketing strategy:

 

1. Define your niche: The first step in creating an affiliate marketing strategy is to define your niche. Choose a niche that aligns with your interests, passions, and values. This will help you to create relevant and engaging content that resonates with your target audience.
   
   

2. Choose the right affiliate program: Choose an affiliate program that aligns with your niche and target audience. Research different affiliate programs and compare their commission rates, cookie duration, and other features before making a decision.
   
   

3. Create valuable content: Content is key in affiliate marketing. Create valuable content that educates, informs, and entertains your audience. This will help to establish trust and credibility with your audience, and make them more likely to make a purchase through your affiliate link.
   
   

4. Promote your content: Once you have created valuable content, it’s time to promote it. Share your content on social media, email newsletters, and other platforms where your target audience is active.
   
   

5. Build an email list: Building an email list is crucial in affiliate marketing. Use lead magnets such as free e-books, webinars, and courses to entice your audience to sign up for your email list. This will help you to nurture your audience and promote your affiliate products through email marketing.
   
   

6. Track and analyze your results: Finally, track and analyze your results to determine the success of your affiliate marketing strategy. Use tools such as Google Analytics and affiliate program dashboards to monitor your traffic, conversions, and earnings. Use this data to optimize your strategy and improve your results.

 

In summary, creating a successful affiliate marketing strategy requires careful planning, quality content creation, strategic promotion, and data analysis. By following the above bullet points, you can create an effective affiliate marketing strategy that generates traffic, leads, and sales for your business.

 

How to get Approval to Join an Affiliate Marketing Program or Affiliate Networks

Affiliate networks connect businesses selling their products and services with potential affiliates. These networks provide different ways for affiliates to be paid for their efforts. All of these networks have different fees and commission structures based on what type of product or service they offer. For an affiliate like yourself, this is a great way to see what’s available for you in your niche. However, with the influx of affiliates, many of their business clients are now seeking quality in their affiliate network. For example, some affiliate networks will reject you if you have a low amount of consistent traffic or followership. However, don’t be discouraged!  The best affiliate marketers all agree that before pitching to these networks, you need to start working on building your traffic. 

However, there are many affiliate networks that do welcome newbies to the game, such as Commission Junction (CJ), Rakuten Marketing, Amazon Associates, Clickbank, ShareASale, CJ Affiliate Window (CJAW), and Media Placement Network (MPN). 

 

How to Select best advertisers from an affiliate network

In order to select the best advertisers from an affiliate network, you will have to do some research beforehand. You can start by looking for companies that already have a proven track record with their marketing efforts. For example, if you are good at writing articles on certain topics, then you could partner with publishers that already publish content in your niche. By doing this, you will instantly be able to offer more value to your potential customers as well as increase brand awareness.

Once you identify the type of advertisers you want to work with, it’s time to do some research and find their affiliates. The best way to do this is by using tools like SEMrush or Google Trends. With these tools, you can compare the performance of companies and see which ones rank better than others in terms of search volume or cost per acquisition (CPA). This is one of the most important steps for selecting what advertisers make sense for your company’s program.

 

What Affiliate Marketing Tools should beginners use?

It’s important that you have the right tools to get started with affiliate marketing. The most important things you will need as an affiliate include:

 

• Website and Hosting 
• Email address and Postal Address 
• Topic Map and Keyword Research 
• Content Creation Plan and Tracker 
• Sitemap Plan 
• Internal Linking Plan 
• Social Media (eg: Instagram, Tiktok, Facebook) 
• Youtube Account 
• Affiliate Earning Tracker and System 

This is not an exhaustive list of items, but I would recommend getting the Topic Map, Keyword Research and internal linking plan first as they will help you prepare a successful affiliate marketing strategy.

 

Examples of Top YouTube Affiliate Marketers

Many successful entrepreneurs have found success in affiliate marketing. There are many examples of top YouTubers who have turned affiliate marketing into a lucrative and stable career. Some of those examples include the following:

1) Lazy Game Reviews

 Lazy Game Reviews is an online gaming-related YouTube channel. This channel has over 2 million subscribers, and it has been featured on Forbes as one of the most influential YouTube channels of all time. One way that LGR has been able to generate such a large audience is by promoting different products from various companies every day through their video content. They also offer Amazon affiliate links in their review videos so that viewers who want to buy the product can do so easily.

2) The Tech Guy

The Tech Guy is another popular YouTuber with over 3 million subscribers, who started his own company called Cramfy with affiliate marketing as his main source of income today. His company does a large variety of tasks including Let’s Plays and reviews, which drive traffic to his website and help him earn revenue.