Affiliate marketing is one of the most popular online monetisation models currently used by many successful businesses, bloggers and podcasters. If you’re new to the world of affiliate marketing, it can be a little tricky to know exactly how to go about it. However, with a little bit of research and proper planning, you can become an expert at making money online quickly and effectively through this wonderful online monetisation model.
If you’re just starting out, it’s a good idea to brush up on your general internet marketing and sales skills. Simply put, affiliate marketing is all about attracting users to your website or blog via various online channels (usually free and paid, but sometimes even organic social media), encouraging them to make a purchase or become a subscriber. To successfully do this, you’ll need to understand the following:
- How to build a thriving website or blog that will attract and retain potential customers
- How to pitch products that are relevant and valuable to your target audience
- How to measure the success of your marketing efforts
- How to make the right affiliate offers to inspire action
- How to optimise your affiliate sales and avoid wasting precious marketing dollars
- How to make the most of your affiliate income
Monetising Your Blog
Blogs are expensive to run and maintain. If you’re looking to make money from your blog, you’ll need to decide how you want to monetise it. There are a variety of options including showing ads, selling affiliate products that are relevant to your blog’s content, accepting cryptocurrency as a form of payment, and more.
If you want to monetise your blog in a traditional manner, you’ll need to decide between showing static ads, using a free ad network like Google Adsense, or potentially creating your own ad banners and running them on your blog. The first two are probably the safest and most efficient options, but if you want to create custom ad banners and integrate them into your blog’s design, you’ll need to learn a little bit of code (instructions for creating banners can be found easily with a simple Google search).
Making Money With Cryptocurrency
If none of the above make sense to you or you’d like to try something new, you can always opt for cryptocurrency. This is a digital currency that is designed to work as a currency substitute. Popular cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC).
Anyone can purchase cryptocurrencies via a cryptocurrency wallet such as Bitcoin App, Coinbase or MyEtherWallet. Once you have purchased your desired amount of cryptocurrency, you can instantly sell it for fiat money (legal tender) via Bitcoin exchanges such as Gemini, Coinbase or Poloniex. You’ll also need to ensure that the site you’re purchasing from is properly regulated, and that your money is safe.
If you decide that this is the route you want to go, you can create a blog around your newfound knowledge, teaching others how to make the most of cryptocurrencies. You can even start your own cryptocurrency news website! If you want to learn more, you can check out the following links: