Affiliate Marketing for Beginners (How to make money online with affiliate marketing 2024)

About this video

Kate Hayes gives a beginner overview of affiliate marketing as earning passive income by acting as middleman: you genuinely recommend another company’s product or service, share your unique affiliate link, and earn a commission when someone buys, at no extra cost to the buyer. She groups what you can promote into physical products, digital products (including higher-ticket courses, noting her own Etsy Income Academy pays students who become affiliates 50% of a sale), one-time services, and monthly subscription software, which she prefers because recurring commissions can build a consistent stream while subscriptions stay active. Commissions are either a percentage of each sale — she illustrates a $100 item at 20% earning $20, and a $10-a-month subscription at 50% earning $5 a month — or a flat rate per lead, sale or sign-up. You can join programs directly on a company’s website, ask a company without one to start one, or use a network such as LikeToKnowIt/Reward Style or ShareASale. Her steps: list about your top 10 products or services you actually use and love, sign up, share the unique links where your audience is (social media, YouTube, podcast, blog, email list or personal accounts — even a small audience can start), make links easy to find, track sales in the affiliate dashboard, follow each program’s rules, and always disclose that links are affiliate links, as she says is legally required.

Key takeaways

• Affiliate marketing means recommending others’ products with a unique tracked link and earning commission, rather than selling your own products
• Only promote products, digital products, services or software you have tried, love and believe will benefit your audience
• Commissions are either a percentage of the sale (including recurring monthly software commissions) or a flat rate per lead or sign-up
• Find programs directly on company websites or through affiliate networks such as LikeToKnowIt/Reward Style and ShareASale
• Share links visibly where your audience is, track results in the dashboard, follow program rules and always disclose affiliate links

Episode details: published October 18, 2022 · 17:41 long. Summary written by Self Growth Videos from the episode itself. Business results and any income figures mentioned are Kate Hayes’s own claims, shared for education — they are not typical or guaranteed.

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