How Affiliate Advertising Can Help You Earn Money

Many bloggers are eager to find revenue streams to help monetize their blogs. Once your blog is established and receiving some traffic, you may want to begin researching affiliate programs that could allow your blog to put money in your pocket. So, can you really make money from affiliate programs? Well yes and no; there is money in affiliate marketing but if you can make money from it or not depends on a lot of other factors such as your commitment, experience, site traffic etc.

New: How to Become a Successful Affiliate Marketer

What is Affiliate Advertising?
Affiliate advertising is basically an online marketing channel. An advertiser pays a blogger to promote the advertiser’s products or services on the blogger’s site.
There are three main types of affiliate ads: pay-per-click, pay-per-lead and pay-per-sale. Each of these affiliate ad types has one thing in common. They are all performance based meaning you don’t earn money until your readers perform an action such as clicking on a link or clicking on a link then purchasing the product on the page to which the link brings them.
There are several large and well-known companies that offer affiliate programs which you can set up on your blog within minutes regardless of how well established your blog is.

How Does Affiliate Marketing Work?

When you join an Affiliate program and choose the products that you want to sell, sellers provide you with a unique affiliate code that you can use to refer traffic to the target site. Most affiliate programs will offer ready made text links, banners and other forms of creative copies whereby you only have to copy the code and place it on your website to start referring traffic. When interested visitors click on these links from your site they get redirected to the product site and if they purchase a product or subscribe to a service you as the referrer make a commission.

The sellers can track your performance through your affiliate ID and the affiliate softwares (eg. WP Affiliate Platform ) that they use. You also have complete, real time access to all sales and commissions stats.
You don’t need to sell products all the time to make a commission. Different affiliate programs can use different payment terms such as:
√Pay per Sale : In this program a merchant pays you a percentage of the sale price when the purchase is completed.

√ Pay per Click : In this program you get paid based on the number of visitors you redirect to the Merchant’s website from your affiliate site, whether or not a sale is made.

√ Pay per Lead : You get paid once the referred visitors provide their contact information on the target site by filling out a simple contact form.

Read: Examples of Companies Offering Affiliate Advertising Programs to Bloggers:

•What is an Affiliate Directory?
You could sign-up to monetize your blog through an affiliate directory where various online merchants post their affiliate ad opportunities. You can review the ad opportunities and apply to host a specific ad on your blog.

Most advertisers on these sites will have restrictions related to the blogs they will work with. Typically those restrictions are related to how long the blog has been active and the amount of traffic the blog receives. For those reasons, an affiliate directory is most helpful if your blog is well established.

Take some time to research each affiliate directory to find the right one for you and your blog. Different affiliate programs offer different payments and credibility. Take your time and investigate your options before you jump into anything.

Factors to Consider When Selecting an Affiliate Advertising Program

1. Read all the details about the opportunity including the pay, the terms, etc.

2. Select affiliate program ads that are consistent with your blog’s content.
Ads that don’t match your content will undoubtedly be clicked on less frequently (meaning less revenue for you) and can decrease the credibility of your blog (meaning fewer readers will return to your blog because it's cluttered with irrelevant ads).

3. Don’t go overboard with affiliate ads.
Too many ads not only make your blog look suspiciously like spam to readers, but search engines will think so, too. Sites that are covered with affiliate ads and little additional original content will be marked as spam by Google and other search engines which will hurt your traffic and page rank overall.

4. Don’t expect big profits (at least not at first).
While many bloggers can generate a decent ancillary income from affiliate advertising, most bloggers can’t boast those kinds of results. Boosting your income through affiliate advertising takes time and practice. Don’t be afraid to test new ads, placement, programs and more until you find the best mix to meet your goals for your blog.

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Mohiddeen Ahmad

I am Mohiddeen Ahmad, the fountainhead of Flowdiary Blog. I Manage this blog and post articles relating to Entrepreneurship, Online Marketing, Technology, Blogging and more.. Stay updated on Facebook, Google+, Twitter, Instagram, and YouTube

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