How to Monetize Your Blog Using Affiliate Marketing
If you are spending hours working on your personal blog or website, you might as well get paid for all your efforts. When people think of monetizing their blog, pay-per-click adds are usually the first thing that comes to mind. However, this type of marketing won’t earn you much money unless you attract over 10,000 visitors daily. Instead, we suggest learning how to monetize your blog using affiliate marketing.
What is Affiliate Marketing
Affiliate marketing is one of the most popular methods for monetizing blogs—and for good reason. It involves linking to a certain product or service through an affiliate program and earning a commission when your audience clicks on it. Depending on the size of your readership and percent of commission, affiliate marketing can be a lucrative way to monetize your blog. This form of marketing is especially useful if you’re just starting out in the blogging world and don’t have your own products or services to sell.
Types of Affiliate Marketing
Pay Per Sale: In this standard affiliate marketing structure, the affiliate is paid a percentage of the sale if someone purchases a product or service through the link they provide.
Pay Per Lead: The affiliate receives compensation if they are able to influence the consumer to visit the merchant’s website and complete the desired action such as subscribing to a newsletter or filling out a contact form.
Pay Per Click: The affiliate receives compensation based on the increase in web traffic to the merchant’s site.
Steps to Start Affiliate Marketing
- Develop a following on your website or blog
- Choose a niche for your brand
- Find products related to your niche and decide which ones you want to promote
- Once you have chosen your products, do a google search for the “product name” affiliate program
- Sign up for affiliate programs
- Copy the affiliate link provided which will allow the merchant to track how many people click your link
- Create content on your blog or website and naturally implement your affiliate link in a relevant and helpful manner
- Practice good SEO strategies to increase the chances people will click on your affiliate link
- Finally, you will receive a commission from merchants as people begin to click on your links
Learning how to monetize your blog using affiliate marketing is one of the easiest and most efficient ways to start making money off your blog. We hope this introductory guide to affiliate marketing helps you start this new journey.
