Do you wish to try your hand at affiliate marketing? If so, then you might want to start right away to earn passive income.
Many marketers and companies are already earning a lot from the affiliate marketing business.
As per reports, affiliate programs make up 30% of revenue for the companies. Marketers and advertisers say that affiliate programs make 15%–30 % of sales. And approximately 48.36% of affiliate marketers earn an income of $20k yearly.
Affiliate marketing will open up plenty of income opportunities for you. To help you out, let’s try to understand what affiliate marketing really is, how it works, and the best blogs you can follow to learn how to build a successful affiliate marketing business.
Should I Do Affiliate affiliate marketing For Wix?
Affiliate marketing is just another online sales method. When you are an affiliate marketer, you refer a product or service to your target audience by sharing it on a blog, social media channels, or website.
Whenever someone buys the product or service via the link related to your recommendation, you will earn a commission.
Do it well, and you will be making a healthy income in no time.
How does affiliate marketing work For Wix?>
There are certain steps you need to follow to become an affiliate marketer:
- First, join an affiliate program.
- Select the products or services you want to promote.
- Get a unique affiliate link for each product or service.
- Share the affiliate links on your website, blog, or social channels.
- You will then get a commission every time someone makes a purchase via your unique affiliate link.
The top affiliate categories include fashion, sports and outdoors, health-wellness and beauty, travel, and so on.
How much commission will you earn With Wix Affiliate Program?
The commission rate depends on the company and the offer. You can earn anything from about 5% to 50%. Some affiliate marketing programs even offer a flat rate per sale.
For instance, HubSpot offers a flat rate of up to $1,000 per product bought. Other companies like SEMRush, a SaaS company, offer 40% recurring while Shopify, the e-commerce platform, a whopping 200% commission.
How to promote your affiliate products or services on Wix?
There are several ways to promote affiliate products. You can:
- Run campaigns on social networking sites.
- Create educational blog posts about the products and services.
- Create micro-content about the products and share them on your social accounts.
- Create emails or newsletters to recommend products to your subscribers.
- Create banners and buttons and add them to your website.
- Offer coupons, promos, loyalty rewards, and so on to consumers.
Whichever path you choose, consider making SEO a priority as it is the top traffic source for affiliate marketers.
4 blogs to learn how to build a successful affiliate marketing business on Wix
There are a plethora of blogs out there that can teach you how to build a successful affiliate marketing business. Some top blogs include:
1. ShoutMeLoud
The founder of ShoutMeLoud is Harsh Agrawal – who calls himself an accidental blogger. He completed his engineering in the I.T. stream in the year 2008 and has spent more than 11 years blogging and helping many individuals worldwide to grow in their careers. Harsh is often invited to speak at international conferences.
ShoutMeLoud blog is a place where you can learn and grow as a blogger or digital marketer. It contains 95% practical tips on how to create a blog. The other 5% is for personal stories.
Apart from blogging, WordPress, SEO, and social media marketing techniques, there are articles that will teach you how to choose the best affiliate products, create a high-converting affiliate program, and more.
Harsh also offers an Affiliate Marketing Handbook, which is a paid product and has been downloaded more than 8K times. The handbook will serve as a guide throughout your affiliate marketing journey.
2. Alpha Investors
Another great blog for affiliate marketers, Alpha Investors is dedicated to helping individuals and businesses make money online.
From how to take an Amazon Affiliate site from $0 to $4K/Month in one year to how to optimize your content on your affiliate website and examples of successful affiliate sites, you will be getting plenty of insights into the industry.
The platform also offers products, including Affiliate Marketing Website Services and Affiliate Websites.
3. Smart Passive Income (SPI)
Founded by Pat Flynn, an expert in online business, the SPI blog has a section dedicated to affiliate marketing. The blog has everything covered – from how to do ethical affiliate marketing to tips for successful affiliate marketing.
What’s more, you can do networking via webinars, announcements, workshops, and Patt’s speaking sessions. Or join The SPI Podcast to learn from other industry experts too.
SPI takes pride in empowering its members to achieve their goals by offering stellar in-class educational content, community-building opportunities, and training experiences.
4. Affiliate Tip
The owner of the Affiliate Tip is Shawn Collins, who has been an affiliate marketer since 1997. He co-founded Affiliate Summit, the leading industry conference for affiliate marketing. Shawn has many books attributed to his name, one of the best-sellers being ‘Successful Affiliate Marketing for Merchants’, an excellent book for affiliate managers.
Visiting his Affiliate blog will give you insights into the affiliate marketing industry. The blog offers products, including an affiliate marketing course and extra money answer that will teach you how to create, promote, and monetize your affiliate site on kindle, Amazon, and an affiliate site Kindle Edition on Amazon.
The blog has won numerous awards, the most recent one being the Affiliate Ball AFFY Award in January 2019.
Wrapping-Up
Affiliate marketing is a great way to earn money online. But that thing is, it can be overwhelming as a beginner to navigate the waters. Hopefully, this article will help you in achieving your affiliate marketing goals.
Also, follow the blogs mentioned above to learn about the strategies to generate income as an affiliate marketer, gain insights into the industry, and keep yourself updated with the latest trends. Affiliate marketing takes effort and time, but it is worth trying your hand. It is considered the best way to earn a passive income.