I know the feeling when you are just starting affiliate marketing. Or even as someone who has a website, has some posts, seeing a bit of traffic coming in, wondering when if you are doing everything right.
The beginning is definitely the hardest time for an affiliate marketer. I remember I had so many questions when I was starting as well.
This is completely normal and everyone who has passed your stage had them too.
So, Today, I picked the 8 most popular affiliate marketing questions for you and don’t worry if you have a question that I haven’t answered, just leave a comment below and I will answer it.
Question 1: Does Affiliate Marketing Still Work in 2021?
This question is so popular that it gets asked over and over every year!
Still, this is the most asked question of probably all time next to the 2nd question below.
When I started learning affiliate marketing back in 2011, I was asking this question as well. I mean it’s just the first thing that comes to mind when you are looking to get into affiliate marketing… so does it still work?
YES! Affiliate marketing does work in 2021 and will continue to be a profitable online business venture well into the future to all the hard-workers who are looking to conquer this field.
Question 2: How Much $$$ Can I Make with Affiliate Marketing?
This question is the hardest to answer because it’s like asking 100 teachers from 100 different countries, how much they earn?
They all differ from each other!
Let me be straight forward here. Your income from affiliate marketing can be anywhere from $0 to a few million a year.
Now you probably wished I never answered this question. Well, 0 and a few million are extremes of the profit scale.
Look, you get what you put into it. If you do this thinking “its easy money”, “quick money” then you are so wrong.
You are building a business here. And in this business, you have to be patient and dedicated. If you follow the process correctly and learn and apply what you learn every time then there is a good chance you will replace your current full-time income in 1 or 2 years.
The problem is the vast majority of people who do affiliate marketing don’t take it seriously. And sadly 90% of people fail. So don’t someone to add to that 90%. If you do this, go all in.
Question 3: What is a Good First Niche to Get into?
A good niche is any niche that you are passionate about. Because you know what? If you are to be successful, you have to become an expert in that field. (If you are not now, that’s ok)
Why? Because you have to live it, breathe it and everything in between to be successful in your chosen niche.
Remember your audience are people looking for solutions to their problems in the niche. You as an affiliate marketer have to be able to enjoy the niche you are in. So you can read, learn and write about that niche for a long time to come.
Affiliate marketing is a long game. It takes time to see results, but there isn’t another online business opportunity like this that costs hardly anything to establish.
To get ideas, go to DMOZ. This is the place where I did some research when I first got into affiliate marketing to find a niche that I like.
Question 4: How Do I Succeed with Affiliate Marketing?
Simple, you need an education. Sorry, to be blunt, but a lot of you need to hear it.
No, I don’t mean the kind you get from a university.
I mean if you have got up to this point in affiliate marketing by reading bits and pieces from Google, and videos from youtube, then you are eventually going to wonder why your progress is slow.
I’m not saying that there isn’t any good information on the internet. There is….. Take this article for example.. 😛
As good as this article or another article might be, You also need a step-by-step guide to guide you through the affiliate marketing process, especially if you are someone brand-new to this industry.
And you know what, if you are someone that follows a lot of gurus in affiliate marketing space, then my second piece of advice is to follow just 1 or 2. But, be careful with some of those so-called gurus as well, you will see some are not as honest as you might think.
You see…. Even if the guru’s you follow are the best in the industry, every affiliate marketers process is not the same. Some focus on PPC or Social media marketing or some just organic…..
Every marketer methods on each of these areas can vary from person to person. Now, do you see where the problem is?
If you are following too many people, their strategies can be different from each other then you are just simply confusing yourself and the progress will take a hit for the worse.
Now as per the question, if you are serious about learning affiliate marketing and establishing your own brand online and making some serious money then the only place I recommend is the place I learned affiliate marketing from. That is Wealthy Affiliate. Read my review on Wealthy Affiliate here.
Question 5: What is The Best Affiliate Marketing Program Currently?
There are quite a few. But all these programs depend on your niche. You have to see what affiliate program have the products that suit your niche.
A good way to find this is to do a simple Google search like this:
Your Niche + Affiliate Program
I will also add some of the popular affiliate programs below:
- Amazon Associates
- Commission Junction
Question 6: What Are The Risks Involved With Affiliate Marketing?
All businesses have risks. Affiliate marketing is no different. But, affiliate marketing isn’t going to make you bankrupt.
You mostly invest your time rather than your money. So you have to be able to put aside more time than money in affiliate marketing.
You will have some start-up costs like web hosting, domain name, and a good course to learn from.
Your costs can vary depending on if you choose a course to be part of, which I do recommend, otherwise hosting and domain alone costs less than $100 for the year. That is peanuts compared to establishing an offline business close to where you live!
Question 7: Where Do Most of the Revenue Come From as an Affiliate Marketer?
This is a good question. Affiliate marketing means you are affiliated with a company to promote their products for a commission. But that doesn’t mean affiliate marketers only earn from that.
There are many ways to make money. Some of this includes:
- Advertising (on your website)
- Email Marketing
- Youtube (A Channel relating to the niche website)
- Selling your own product
The best marketer has a combination of all of these sources as it’s important to diversify your income so if one company fails you are not losing your whole income.
Most likely most of your income at the beginning will just be from affiliate sales. But I do know some people who earn $2000 a month just from running ads on their website.
Question 8: Do I Need to do Paid Advertising?
Do you need to? No. Should you? Maybe.
If you have a brand new site and you got into affiliate marketing less than 6 months ago. I would suggest you to first learn how to write reviews and post regular content. This method is just as effective as paid advertising. And best of all it’s free. Free is good. Especially when you want to keep your costs as low as possible until you get off the ground.
But, paid advertising can be done effectively and you can learn it even if you are new. But be prepared to have a budget each month dedicated just for that. Just be prepared to lose money in your first month to 3 months. It can get costly if you don’t figure out how to do it properly soon.
Paid advertising can speed up the time you start making money provided you learn how to do it properly.
Basically, if you have some money and time to learn paid advertising, I say do it. If not, free organic visitors alone can build you a full-time income no problem.
Well, those are the most popular questions I’ve found from my research. Remember all the guru’s you have encountered passed the stage you are in now. I too personally had all 8 of these questions when I first started.
Your key to success is learning how to do affiliate marketing the right way and applying it to your business. And the fruits will come!
So… Hopefully, I answered a question you had here, if not like I said in the intro, please ask it below. I will get back to you with an answer. Until then, Ciao.