In this article, I will explain all about How To Start Affiliate Marketing With No Money, and earn online passive income. Affiliate marketing has a potential of earning 6-Figure passive income, if you do it the right way.
What Is Affiliate Marketing
Affiliate Marketing How Does It Work:
Action-based or performance-based marketing is what affiliate marketing is all about. Affiliates are paid commissions depending on referrals. This means that simply introducing traffic (customers) to their products can earn you money. It’s as if you’ve turned into a self-employed internet marketer. Referrals are tracked using individual URLs (links) supplied to you as an affiliate. You earn a commission when someone clicks on your link and then makes a purchase.
Why Affiliate Marketing
Affiliate marketing is a great internet business for both beginners and seasoned entrepreneurs. It’s very simple to get started. The affiliate marketing strategy allows newbies to get started with little to no money out of the gate while also allowing them to scale up to 6 or even 7 figures each year. Other advantages include:
- You are not required to design a product, set up a shopping cart, or process payments yourself.
- You don’t have to be concerned about customer service, product fulfilment, or refund processing.
- You can accomplish this from anywhere in the globe if you have a laptop and access to the internet. And almost all affiliate marketing programmes are free to join.
Step 1: Choosing Your Niche
Where To Start Affiliate Marketing?
Your topic or niche seletion is the first step to how to start affiliate marketing. This determines what kind of affiliate products you market (we’ll go through how to find products in step 2)?
Your niche should be something you’re passionate about or something you’re interested in. It’s critical that you resist the urge to pursue anything just because it “seems like a good idea.”
However, if you are enthusiastic in spreading the word about the benefits of natural remedies, this could be a viable idea. It’s a subcategory of one of the three Evergreen Niches, and your passion for the subject will keep you going as you develop your network.
Three Evergreen Niches
The categories with the most earning potential are the three Evergreen Niches. Health, Wealth, and Love/Relationships.
On an emotional level, we value health, wealth, and love. As a result, when something in one of these areas does not meet our expectations, we are inclined to invest money and take action to correct the situation.
For instance, if you and your spouse/significant other/partner had a lot of fights. Despite this, you genuinely cared for each other and wanted to be together. Then you’re more than inclined to look for a solution. This could imply acquiring a solution that will assist you in overcoming your challenges.
🔑 And this is the key fact. Money Still Comes From Other People, despite the fact that the majority of affiliate marketing takes place online.
Couples who wish to add some spice to their relationship can do the same. Parents who are having problems with their children, on the other hand (i.e. behavioural issues).
Investing, real estate flipping, and selling on Amazon are all examples of wealth niches. “How to reduce weight” or “how to be healthy” might be the health niche.
IMPORTANT: It’s critical to remember to pursue your passion or hobby. If all goes according to plan, you’ll become a market leader and profit for many years. Too many marketers have burned out because they pursued the money rather than their passion. Keep in mind that you can be anyone you want to be. A transformational journey is something that everyone enjoys. This is a great approach to grow your audience.
Step 2: Finding Affiliate Products
Affiliate Marketing Digital Products
You’ll need to find products to advertise once you’ve decided that affiliate marketing is the way to go. The good news is that affiliate networks offer a wide range of products and services. I prefer digital products as they pay higher and recurring commission than the physical products.
How To Start Affiliate Marketing Digital Products?
Start Affiliate Marketing For Free: Affiliate Marketing Programs Free To Join:
|Bluehost||$65 Per Sale||https://www.bluehost.com||Hosting||90 Days|
|Namecheap||Up to 35% Commission||https://www.namecheap.com||Hosting||30 Days|
|GetResponse||$100 or 33% recurring||https://getresponse.com||120 Days|
|Fiverr||$15 To $150||https://fiverr.com||Market Place||30 Days|
|Udimi||15% Commission||https://udimi.com||Solo Ads||N/A|
|TubeBuddy||Up to 50% (Recurring)||https://www.tubebuddy.com||Tools||Lifetime|
|Wise Money Transfer||£50 for business||https://wise.com/||Finance||Lifetime|
|Payoneer||$50 Each Referral||https://www.payoneer.com/||Finance||30 Days|
|Systeme||40% Recurring Commission||https://systeme.io/||Funnel Builder||Lifetime|
|Leadpages||Upto 50% Commission||https://www.leadpages.com/||Page Builder||90 Days|
|SEMScoop||35% Recurring Commission||https://semscoop.com/||Keyword Research||Lifetime|
NOTE: Whether you have a specific product in mind, scroll down to the bottom of their homepage to see if they offer an affiliate programme. Often, a link to their affiliate sign-up website and commission structure can be found here.
Popular Affiliate Programs
Many people are unaware that Amazon has an affiliate programme (yes, the world’s largest ecommerce company).
As you can see on their home page in the United States. The link to become an affiliate can be found at the bottom of the page. It is, once again, completely free to join. After you’ve been approved, you’ll be able to earn up to 10% on purchases made by your referrals. And since Amazon offers everything, it’s a no-brainer. Whatever niche you choose, you can find appropriate products.
Promote and market the world’s most popular health and beauty affiliate programme. Market Health is presently the world’s largest health and beauty comprehensive web marketing organisation.
The Market Health Affiliate Program enables you to market and promote the internet’s most popular health and beauty products. In our industry, we have the highest paid affiliate commissions and the most advanced tracking software. Over 50 offers are available, including herbal supplements, skin care, vitamins, beauty products, health care, weight loss, and more…
Wise Money Transfer is a 2011-founded online money transfer company. After directly experiencing the “pain of international money transfer,” the two entrepreneurs Kristo and Taavet founded the company.
Some of the key characteristics of Wise Money Transfer
- $5 Billion Sent Monthly from 13 Offices Around the World
- More than 7 million customers
- Employees: 2,000+
- In just one year, $1.5 billion in fees were saved.
Features of Wise Money Transfer
- No Hidden Fees When You Send Money
- 8x Less Expensive Than Banks
- Hold Up To 50+ Currencies at the Same Time
- Open An Account in Seconds
A Payoneer account is your key to a world of possibilities. Payoneer connects your business to the rest of the world, whether you’re making international payments, receiving funds, managing your digital business, or obtaining finance.
Payoneer is the world’s most trusted partner for digital commerce. Payoneer provides any business, in any market, the technology, connections, and confidence to participate and thrive in the new global economy, from borderless payments to limitless growth. Payoneer provides a universe of opportunities, open to you, for clients ranging from ambitious entrepreneurs to the world’s top digital brands.
SOFTWARE (SAAS) AND WEB HOSTING
Affiliate marketing opportunities such as Software As A Service (SAAS) and website hosting can be extremely lucrative and simple to advertise. To run their business, online enterprises require tools. You may make money by connecting new firms with the software they need to manage their operations.
How To Start Affiliate Marketing With SOFTWARE (SAAS) AND WEB HOSTING: Affiliate Marketing Programs Free To Join.
- BlueHost is a wonderful web hosting business for people who wish to establish a blog. Every customer referred earns a $65 commission.
- Namecheap is primarily known for their domain registration, but they also provide low-cost web hosting. Namecheap sells SSL certificates, privacy protection services, and more in addition to domains and comprehensive web hosting packages. They can pay up to 35% commission.
- GetResponse is an all-in-one marketing platform that includes landing pages, a CRM, and advanced automations in addition to email marketing. A free forever subscription is also available, which includes autoresponders, a landing page/website builder, and unlimited emails. They pay a recurring commission of $100, or 33%.
- Leadpages is a landing page builder that strives to assist businesses in their growth. Leadpages are used by customers to collect more leads, which can result in more sales. It does not necessitate any programming knowledge; according to the vendor, anyone can use Leadpages to develop and deploy landing pages in minutes without touching a single line of code.
- ClickFunnels is an all-in-one solution (they host the web pages, collect emails, and process payments), and they pay a 40% monthly recurring fee on a $97-per-month package. (In the next section, we’ll go over ClickFunnels in more detail).
Step 3: Earn Big Commissions
In general, earning one $1000 commission is far easier than earning one hundred $10 commissions. The problem for most beginners is that selling a product that will make you a $1000 commission requires a lot more talent, experience, and technique than selling a product that would earn you a $10 commission.
As a result, newcomers should partner up with companies that have an established “Value Ladder.”
Big Commission Secret: The Value Ladder
The affiliate marketer’s secret to big earnings is the Value Ladder. You (the affiliate) will most likely advertise a low-cost entry product. It might even be free in some situations. “Trip-Wire Offers” is a term used to describe these low-cost products. Here are several examples:
- Free Trial
- Low Monthly Membership Fee
- Free + Shipping Book
This makes it easier for the affiliate to get customers into their partners’ pipeline. Once you’ve set up your first “Trip-Wire Offer,” that customer will be credited to your earnings for the rest of their life. This implies you’ll still get the $1000 commission if they buy a $2000 product 6 months from now (assuming a 50 percent commission structure.)
When you join an affiliate partner with a proven Value Ladder, you gain access to the expertise and resources of experienced marketers with a sizable advertising budget.
Let’s take a look at two programmes with attractive value ladders that you can start pushing right now.
How To Start Affiliate Marketing With ClickFunnels.
ClickFunnels offers a variety of affiliate marketing options, but in the example below, you can see how giving away a book for free can earn you $264.40 in total profits.
You simply advertise the Dotcom Secrets book as an affiliate. This book is a fantastic resource that you can confidently recommend. It’s also free (customers only have to pay for shipping), so it translates well. Then there will be upsells and backend offerings from ClickFunnels. You’ll get a 40% commission on all of them. Without a doubt, this is one of the most effective techniques for newbies to begin earning large commissions quickly.
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2. LEGENDARY MARKETER
How To Start Affiliate Marketing With Legendary Marketer.
The Value Ladder created by Legendary Marketer, like ClickFunnels, has the ability to transform the game very quickly. Let’s take a short glance at Legendary Marketer’s earning potential:
As you can see, there’s a lot of promise here. You will receive a $4,800.00 incentive if one of your referrals purchases a ticket to the Entrepreneur Mastermind.
Remember that constructing a value chain of this magnitude takes a significant amount of time and resources. However, when you work with a company like Legendary Marketer, you may immediately benefit from:
- Their sales processes on the back end
- Their sales reps on the phone
- Their product range is diverse.
- Their years of experience in closing sales are invaluable.
☝️Another aspect of an affiliate partner like Legendary Marketer that is interesting is the MLM aspect. Don’t be afraid. This isn’t necessarily a bad thing. You also won’t have to bother your friends or relatives (more on that in the next section). Allow me to elaborate.
When you join Legendary Marketer, you will be educated how to market the brand. This can help you in three ways….
First: Clarity. When you sign up to market an affiliate offer, the affiliate partners will usually provide you with tools. They will, however, rely on affiliates to “find out how to connect the dots” in most cases. This could be due to the fact that a competent affiliate who understands what he’s doing can bring more traffic than 10,000 inexperienced affiliates. They focus on teaching you the system that allows you to earn commissions with Legendary Marketer. This brings us to the second advantage…
Second: Earn While You Learn. you can make money as you learn. You’ll be able to get up and running right away. In fact, brand new affiliates have been known to execute the technique and make their first commissions in as little as 15 days. And once you’ve earned your first commission, you’ll be eligible for benefit #3…
Third: Self Validating System. There’s the Self-Validating System. When you advocate a product that you use, you become a trusted ambassador for that product, and others are more likely to believe you. Consider the following scenario:
Assume you come across an ad for a new restaurant in town. It might stimulate your interest. It has the potential to capture your attention. However, restaurant marketing is nothing new. As a result, you have the option of visiting the restaurant or not.
If, on the other hand, someone you know says, “Oh my gosh. Last night, we went to a new restaurant. You have to go because it was so fantastic.” Then there’s a good chance you’ll visit that restaurant. The restaurant’s value has been shown.
Legendary Marketer operates in the same manner. If you can state that Legendary Marketer is where you made your first money online, other newbies will be more likely to join. And when they do, you are paid again…and the snowball effect begins.
✅ To find out more about the Legendary Marketer Opportunity and how to begin your internet business in 15 days or less, visit the link below….
Step 4: Getting Traffic
One of the most important aspects of affiliate marketing is traffic (people who click on your links). In the world of digital marketing, there are two types of traffic.
- Traffic that has been purchased (e.g. Facebook Ads)
- Free Access to the Internet (Also referred to as Organic Traffic)
Each has advantages and disadvantages. Let’s get started…
Compared to organic traffic, paid traffic has two major advantages. Paid traffic is quick and easy to manage. Simply pay for the space and select your target market if you have an offer to promote on Facebook. You can get your offer in front of as many individuals as your budget allows almost instantaneously. Scale up if a campaign is profitable. If it isn’t on, turn it off.
Increase Your Campaign’s Results with Facebook Ads Techniques
In 2022, solo advertising will be one of the most cost-effective ways to promote your business. They enable you to reach out to a larger number of people than practically any other sort of marketing effort. I’ve found that UDIMI is the best single ad platform I’ve came across.
The Challenges of Paid Traffic with Affiliate Marketing
Beginners may find it challenging to use sponsored traffic in their affiliate marketing efforts due to two considerations. Unfortunately, some “gurus” in the industry will tell you otherwise (most often in the hopes of selling a course) because bought traffic appears to be more convenient.
Paid traffic, in practice, is only effective for the top affiliate marketers. And there’s a perfectly reasonable explanation for this. Everyone has access to the same affiliate items and advertising is offered on an auction system (meaning the space goes to the highest bidder). So, theoretically, profit margins will always be zero. Only those with sophisticated funnels and systems will be able to gain the competitive edge required to make this model profitable.
The payout schedule is the second reason why affiliate marketing beginners would struggle with sponsored traffic. Allow me to explain…
If you’re offering a product that requires payment, you’ll get your money almost instantaneously. Let’s imagine you spent $100 on ads today in order to make $200. That implies you can spend $200 tomorrow to make $400, and so on.
Commissions in affiliate marketing are frequently kept for 30 days. So it’s fantastic if you can spend $100 today and get $200 in commissions. The affiliate model, on the other hand, does not allow you to quickly re-invest your money. As a result, beginners will find it difficult to maintain long enough to make this model work. As a result, the best method for newcomers is…
You’ve probably heard of a few different strategies to get free organic traffic. People generate money with affiliate marketing employing organic traffic in a variety of ways, including Instagram and blogging. The three finest organic traffic sources, on the other hand, are…
- Groups on Facebook
YouTube rules the world. Everything else is entirely secondary. “YouTube is too difficult,” you might think. In actuality, the situation is the total opposite. This is why.
The most crucial thing to keep in mind with YouTube is that it is the second most popular search engine (only trailing Google). Beginners have just as much of a chance at “ranking” as established channels due to the “Discovery” nature of search engines. It would be foolish to believe that established channels with large audiences and authority had no advantage. It is, however, very possible for a new channel to rank well and quickly with the correct balance of content and keywords. And when you rank on YouTube, you’ll get a flood of highly targeted visitors. One “highly ranked” video has the power to transform your life.
TubeBuddy is the world’s most popular YouTube channel management software.
And it is for this reason that YouTube has such a significant edge over “blogging.” Google is more well-known. It can take months or even years to rank. Videos on YouTube can rise to the top in a matter of hours.
The second reason YouTube is great for beginners: It automatically capitalises on your most significant competitive edge.
When it comes down to it, YouTube is primarily concerned about the user’s experience and the amount of time they spend watching videos. They don’t favour anyone. This is advantageous since YouTube will work hard to find your audience for you if you publish consistent content.
The Best Way To Leverage YouTube
The greatest way to quickly expand your YouTube channel is to either educate or motivate people. In affiliate marketing, both strategies are a solid slam. Let’s have a look at two samples.
💡Creating “How To” videos or tutorials on YouTube is a terrific method to educate people. This might include anything from how to produce beer to how to generate money with Airbnb to how to get the perfect smokey eye. It’s important to remember that YouTube is a search engine. And I usually repeat that YouTube is the search engine of choice for people looking for answers. Where Google is the search engine used to settle a dispute or locate a restaurant. This is where the money is made when people are looking for solutions.
💪Motivation is also effective. Motivated or inspired people are in high demand. Consider the weight-loss or personal-development markets. You’ll never run out of affiliate product opportunities if you have the capacity to motivate people to take action.
Focus on increasing your brand, expanding your audience, and giving value as you continue to create content. This will help you future-proof your business and raise your revenue exponentially.
☝️ Keep in mind the first rule..It’s far easier to build an audience and then discover things for them to buy than it is to build a product and then try to find a buyer. Begin by growing your audience, and then just keep feeding the machine.
Step 5: Assemble The Machine
You’ve probably heard of affiliate marketing. You know where to look for deals to advertise. You also know how to get free traffic to the deals. Now it’s time to figure out how to set up a strategy that will generate constant commissions and passive money for you. To put it another way, the formula is…
VALUE > VALUE > OFFER > FOLLOW UP
Even if you aren’t aware of it, you have most likely seen this identical formula or pattern repeated millions of times. Your audience grows as a result of the initial value. Consider the previously mentioned YouTube and ClickFunnels instances. Offering mini-tutorials for beginners could help you grow your YouTube channel. You can observe what queries people are truly asking by using a free tool like Keywordtool.io.
As shown in the illustration above. You may receive a list of keywords and questions that represent what people are actually searching for on YouTube by just typing your main term into the search field. Simply create videos that address these phrases and queries.
- You may build a comparison video between Clickfunnels and Builderall.
- You might make a video about Clickfunnels’ price.
- You could provide a Clickfunnels review
The key to YouTube success is to avoid seeming overly professional. It all comes down to being current and relatable.
This is, once again, your first piece of value that will help you grow your following. The formula’s next step is value once more. Using the same example, a ClickFunnels Setup instruction would be your second piece of value. You might be able to give it away for free in exchange for email addresses (more on this in a second). This free workshop will inspire confidence in participants and encourage them to take action. They’re more likely to click on your affiliate link because they’re already in your system. Here’s the deal. Create a ClickFunnels account. And if they do, you’ll get a monthly recurring commission as well as 40% of any back-end sales.
VALUE > VALUE > OFFER > FOLLOW UP
When we look at the formula again, we can see that the final step is the follow-up. People are sceptics of change. Particularly when effort is required. This is true for both weight loss and self-improvement, as well as launching a new business. You can contact them again now that you have their email address.
They’re being pushed. Boosting their morale. As a result, you’ll see an increase in your conversion rate. And it is via this follow-up that a solid business plan becomes a great business.
It doesn’t end there, though. There are two types of follow-up. Because you’ve acquired a list of email addresses. You can actually follow up with relevant affiliate products in the future. For example, someone using ClickFunnels to start a business might be interested in running advertising to promote their business in the future. You can discover a respectable Facebook Advertising Course with an affiliate programme as the affiliate. You may easily boost the Lifetime Value of Your List by just making a recommendation.
Affiliate marketing is a lucrative business model. And I feel it is on the verge of becoming popular. As advertising expenses rise, I expect that more businesses will turn to affiliate marketing to help them manage their marketing budgets. Bo Bennet’s phrase is one of my favourites…
Because it is correct. Affiliate marketing’s fundamental nature allows regular people like myself to partner with large corporations and use their platforms. As a result, an affiliate marketing company is simple to establish but has the potential to grow to seven figures.
🏃♂️Keep one thing in mind if you’re ready to hit the ground running but aren’t sure which way to take initially. The “Wealth” niche has the greatest money. Marketing or “starting an online business” are both lucrative endeavours. If you’re interested in learning more about this opportunity, I recommend starting with one of the two options listed below.
For beginners, I believe the 15 Day Challenge is the greatest option because it provides the most advice. However, both of these options are fantastic right now. Why not combine the two? Please accept my sincere gratitude for taking the time to read this. I hope you found something useful. Now get out there and step on it!!
Thank you for reading this article.