Extra Income

Earn More Money as an Affiliate Marketer

how affiliate marketing worksI decided to discuss the unknown side of making money from a website. Many people that just start out have no idea what affiliate marketing is.  Well, I decided to spill the beans about how you can make money doing affiliate marketing.  It is not always easy, but it can be very lucrative.  The concept of affiliate marketing is easy. You, as a website owner (publisher), join an affiliate program for a product or service that you enjoy.  You then promote that product or service on your website. If a visitor clicks through and buys said product or service, then you get a cut.  There is nothing wrong with affiliate marketing, but some can get out of control.  Most affiliate programs have guidelines and not everyone likes to follow those guidelines.  If you misbehave, you can get kicked out of a program.  There are far more opportunities to make money as an affiliate, so that is why it is an awesome way to earn extra income.

Over on Sprout Wealth, I run down the basics of affiliate marketing.  I provide you with the concept and the steps involved in earning money as an affiliate marketer.  They are not hard, but this is not a get rich quick scheme.  The most successful affiliate marketers spend a lot of time at their work.  If you do it right, it can be lucrative!

 

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Grayson Bell

Grayson Bell

I'm a business owner, blogger, father, and husband. I used credit cards too much and found myself in over $50,000 in debt. I paid it off, started this blog, and my financial life has changed. I now talk about fighting debt and growing wealth here. I run a Wordpress management company, along with another blog. It is Empowered Shopper, which helps people get information about products they want to buy.

7 Comments

  1. April 10, 2014 at 5:06 pm — Reply

    Affiliate marketing can be a lot more lucrative if you take your time to understand it. People spend hours trying to figure out which adds they should use and where they should place it on their sites.

    I have read an article where the author bought a website, changed the affiliate offers and started making three times more money. You have got to test your offers and placements all the time.

    • Derek @ MoneyAhoy.com
      April 11, 2014 at 10:07 am — Reply

      Wow – that’s interesting! I have noticed that I get much higher click-throughs when I place ads in the post/text versus on the sidebar. But, I definitely need to learn more about affiliate marketing as it sounds pretty lucrative.

      • April 11, 2014 at 10:11 am — Reply

        You should get a much higher click through rate in a post. That is more engaging than one sitting in the sidebar.

    • April 11, 2014 at 10:10 am — Reply

      I agree there TC. Affiliate marketing is all about testing and comparing offers. If you just hold onto one, then you won’t be very successful. This is where analytics comes into play.

  2. April 10, 2014 at 7:56 pm — Reply

    One of the most important things to realize with affiliate marketing is that you need to have realistic expectations on how much you can earn. When newbies first get into they see the massive payouts and go crazy, often to the detriment of their site.

    • April 11, 2014 at 10:11 am — Reply

      Great point Will. Have realistic expectations is key with anything that you do online, but especially with affiliate marketing.

  3. December 18, 2014 at 7:07 am — Reply

    I’m planning on collecting as much tips about earning online through online selling or affiliate marketing, and I always find it lucky on my part to stumble on great sites and tips like you’ve mentioned, before I go full blast next year with my online efforts.

    I guess it’s going to be a great new year for me next year.

    Thanks for sharing.

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