Making $10k+ monthly, how on the earth is it possible for a beginner?
Disclosure: Some of the links on this article are affiliates, incentive-based, or promotional. At NO cost to you, we may receive a bonus if conversion occurs. Thanks for your support & understanding!
To reach a certain level, the first thing you’d need to do is:
Change the mindset!
If you think what you always thought, you’ll get what you always got!
Talking about me, before hopping into the affiliate industry, I was stuck with blogging and ad network revenue. I was shifting between Ezoic, Adsense, and Taboola.
None of them uplifted my esteem because what they required was huge traffic, probably in millions to make a sustainable monthly income.
With a super-busy life, achieving even 10k pageviews a month was quite a challenge.
To sort my blogging life out, I decided to switch my track from Ads Revenue to Affiliate Revenue.
I did go through several mentorship programs to learn affiliate marketing from scratch, and understand what made the Gurus so successful that others are crawling in!
During this process, my brain got restless as it was constantly making me think of implementing the to-do list. This was to simplify the posts and make them more humourous, along with researching the new and untapped keywords.
The brand-new affiliate ideas got me excited.
I remember the night when I dreamt of working on an affiliate task for my new site! And the next morning I woke up with high energy and dopamine to start my affiliate day.
I loved my everyday routine of making the posts more conversion-friendly.
Sometimes it did cause migraines, and felt a bit down. The reason behind this usually was ‘no sale for over a week!‘
However, seeing a slight downfall is still a part of a successful journey.
What happened next?
It was a mix of a feeling: Learning, excitement, application of new techniques, and seeing a tiny-miny success. Too much going on in a little brain!
After a drastic change in my mindset, I spent days and nights working on a couple of handpicked products, creating supporting articles around them, and optimizing them in the right way.
Then was a big change that happened in years of blogging!
Affiliate marketing just became incredibly effortless, and driving loads of money like a piece of cake!
Just the affiliate experts like ‘Adam Enfroy’ say ‘It’s a snowball effect, that keeps getting bigger over time!‘
Talking about the present, for one of my new sites recently, I was able to drive 3 affiliate sales in the first month itself with only 1600 website clicks. It’s hard to say if you can achieve this sort of success at low traffic with ad networks.
However, the commission was a bit moderate because those were gadgets associated with Amazon and eBay. But at least I learned the strategy that builds trust and brings conversion back-to-back.
Now the only thing I had to do was create content around High-Performing and High-Commission products joining the new affiliate brands within my niche.
Since then I have never looked back!
Coming to the topic, if you’re looking at ‘How to Start Affiliate Marketing’ that makes $8,000 to $10,000 per month; follow every single step that I’m mentioning in this guide.
These steps might get you busy and excited too making you work your tail off. The good thing is that soon you’ll be reaching the reality of making USD 10k+ every single month working from home.
I’m aware you know the fundamental meaning of affiliate marketing. Just to let you know, the definition has changed putting more emphasis not just on the affiliate company but on the publisher as well.
What is affiliate marketing as of 2024?
Affiliate marketing is a digital strategy where affiliates promote a company’s products after a real test, gaining customers’ trust, and earning commissions on successful sales. Implementing Affiliate techniques for self-branding, and scaling online presence through strategic content, leads to contributing to their online business and the affiliate company’s growth.
Who is affiliate marketing for? Can I start as a newbie?
To be honest, affiliate marketing is ideal for serious kinds of guys ready to do in-depth research, thorough analysis, and testing of the products and services. These are not limited to physical but digital products as well.
This does not mean you must buy every gadget or software out there before reviewing. However, getting them rented, or borrowing from a friend would make a lot of sense. Even interviewing a person who owns or is using that product at the moment could make your content even better.
So, affiliate marketing is for those individuals seeking a flexible income stream with an appropriate strategy in a disciplined manner.
Newbies can start by identifying niche markets, creating engaging content, and leveraging social media to reach their target audience.
To compete with giant industrial competitors, focusing on niche expertise, and building authentic relationships is quite a game.
Those newcomers who stay updated on industrial trends have generated substantial revenue in the affiliate marketing space. Simply by staying ahead of the competitors.
Affiliate Marketing vs Ad Network Earnings – What makes more money?
The potential earnings in affiliate marketing versus ad networks can vary based on your niche, the products’ demand in the market, and the effectiveness of your marketing strategy. Let’s look into both providing some examples:
Affiliate Marketing Pros & Cons
|High Commissions: Affiliates can earn substantial commissions, often ranging from 1% to 70% or even more.
|Dependency: Your earnings depend on the success of the product or service you’re promoting.
|Flexibility: You can choose products or services relevant to your audience, providing more targeted marketing.
|Competition: Highly competitive, especially in popular niches.
|Passive Income: Successful affiliate marketing can lead to passive income as you earn commissions on ongoing sales.
|Fast Revenue Growth: When using the right SEO tool for keyword analysis, revenue growth gets faster. You may also expect 1 sale on 300 clicks p/m at the starting point.
- Amazon Associates: One of the largest affiliate programs, offering varying commission rates based on product categories. As of now, it remains a popular choice for many affiliates.
- Other Examples are CJ, eBay, Walmart, BestBuy, Impact, ClickBank, etc.
Ad Network Earnings Pros & Cons
|Steady Income: Ad networks often provide a consistent stream of income for publishers.
|Lower CPC Per Visitor: Compared to high affiliate commissions where you can even make between $4 to $50 minimum per sale, ad revenue per click is between $0.5 to $30, or even lower in terms of impressions.
|Easy Implementation: Once set up, ads run automatically, requiring less ongoing effort.
|Ad Blockers: Some users employ ad blockers, reducing potential revenue.
|Predictable Revenue: Advertisers pay based on impressions (CPM), clicks (CPC), or actions (CPA), providing predictability.
|Slow Revenue Growth: Even with bulk content publishing, revenue generation takes longer. You may expect $1 per day on 1k Impressions, after 4-5 months of consistent effort.
- Google AdSense: A popular ad network offering a range of ad formats. Earnings depend on the niche, audience, and traffic volume. As of my last knowledge update in January 2022, AdSense remains widely used.
- Popular Ad Networks: Mediavine, Ezoic, Thrive, etc.
Overall Comparison Ads vs Affiliates:
- Niche Is Significant: You need to understand what your niche is designed for. Is it for Ads or affiliate mode of monetization? Some niches may be more profitable with affiliate marketing, while others may perform better with ad networks.
- Diversification Of Revenue: The majority of publishers and content creators use a combination of both to diversify income sources.
- Audience Psychology and Engagement: Understanding your audiences’ behavior and their preferences is crucial for success in both models. Especially in affiliate marketing!
How does affiliate marketing work in the phase of 2024?
Though the concept remains the same, Affiliate marketing is not the same as it was 5 & 10 years ago.
Customers and users have become smarter, as they understand if the author is trying to help or force a purchase.
The salesy tone of the content itself indicates to the reader whether to proceed with buying or not.
A clear intention of helping out a potential consumer comes with the following:
- Well-informed content
- Answering all doubtful queries
- Stating the Good and the Bad about the product
- Suggesting to users why they should purchase, and they shouldn’t
- Comparing it with other similar products
If the article successfully does that, the chances of building trust between you two uplifts. Hence, the conversion takes place.
Brand’s Perspective of Affiliate
Now affiliate companies do care about the affiliate partners providing them several options to groom both brands ‘the company’ and ‘affiliate partner’.
The 4 types of actional formats of products increase the chances of CLICKS each day. Two of them are direct and two are indirect. These actionable formats are:
A. Direct Actional Formats:
B. Indirect Actionable Formats:
- Video Embeds (of product)
- Web-Mentions (via the short or long form of Videos)
- GOSS – Game Of SEO Style (Ranking ‘Company’s provided Keywords’ and driving sales from links)
The direct and indirect actional formats gradually boost CTR (click-through rate). The more clicks the higher chances of purchase from the buyer’s perspective.
The brands keep up to maintain their reputation by clearly stating the worth of buying their product. Further, they encourage affiliate marketers to do the same, as this builds goodwill for both.
How to Start Affiliate Marketing (for Revenue + Branding)?
1. Choose a Niche that has Growth Potential (Starting point: 30 days for initial traction)
Alert! Don’t go for passion, because your passion is not going to rainshower you any money unless it’s highly in demand.
Most niches take at least 3 months to show some traction. Publishers and affiliate marketers generally assume it’s the Search Engine that takes longer to index and rank new sites.
Trust me, it’s not the search engine, it’s your niche that’s taking longer.
You must have picked a niche that currently has no high demand in the online market.
Or maybe it’s way too competitive that giant gorilla media sites aren’t giving you any chance to show up on the first page.
Being in a competitive niche is no harm if you’re applying a non-identical keyword and nicely odd presentation strategy.
(we’ve already shared this strategy with our patrons in ‘Attract money with Affiliate‘ training!)
One should always go with a niche that can begin showing its growth within 30 days!
2. Build a Clean, Neat, and Fast Website
To build a clean, neat, and fast website you’d need 3 high-powered elements:
With 100s of hosting and caching plugins, and 1000s of theme options it’s quite hard to make the right selection.
When I started my online business in 2015, one of my biggest mistakes was choosing a fancy-large theme that did not bring in any conversion.
These heavy themes generally look so attractive to the eyes that you end up buying them.
Remember, “what you see is not always what you get”!
By the time I learned, that to bring in maximum affiliate conversions you need a theme that gives a smoother experience to readers when on your post.
To make a note, 1% of the successful affiliate sites drag away most of the money rolling in the online market. And only 50% of them have a semi-smooth and cleaner experience, especially on mobile. That means, with the super-fast and neat website you can drive the majority of sales within your industry. And can outperform these giant gorilla sites.
Always go for simplicity and a cleaner look of the theme. I guess our site somewhere falls under this neat & tidy category which makes us feel great. Hurray!
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3. At Least 3 Months Of Consistent Use Of SEMRUSH Tool
I’m sorry to say, that Google Trends and Google Suggestions are just not enough for keyword research. The free tools will always keep you lagging behind your competitors.
Because your competitors who are technically ahead of you in terms of ranking and affiliate revenue generation, are using a highly effective SEO Tool like SEMRUSH.
It’s not possible that one using SEMRUSH can’t find success in terms of consistent growth in earnings.
I remember, the week we started using SEMRUSH and applying strategic content on one of our Tech sites, the results started booming for an almost-dead site, like never before.
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4. Choose 2 Products Worth a Commission of $200 or 5 Products Worth a Commission of $70
How you structurize affiliate products with their pricing completely relies on the target audience. For some bloggers making $1 behind each product with 2000 monthly conversions could be the right and easiest strategy to go with. While for others making $100 x 20 conversions seems more lucrative.
Both ways of conversions are possible depending on how you represent the content. And importantly, whether you successfully build trust within the audience or not.
To make $10k per month from affiliate marketing, you should go with one of the following concepts:
|No. of Products
|Commission On Each
(Including previous recurring)
This step of business is highly crucial before you thoroughly know ‘How to start affiliate marketing‘. Now it’s completely up to you which of the earning concepts will work for you better.
5. Join at least 3 Affiliate Programs at the beginning
The affiliate program that almost all affiliate marketers apply to at least on their 1 website is Amazon Associate.
It has been the encourager for new affiliate enthusiasts to learn and grow in the industry.
Here are the 3 Affiliate Programs to join and start seeing some sort of achievement:
- Amazon Associates
- Walmart / Best Buy (for the United States); or eBay (for your target country)
- Brand Affiliate (e.g. for a shoe niche website, join the XeroShoes.com affiliate program)
6. Camouflaging your affiliate links
Ever heard of the affiliate link disappearing act? It’s like magic for your URLs. So, here’s the scoop: cloaking affiliate links is the savvy move of camouflaging that complex affiliate ID into a sleek, user-friendly URL by redirecting it elsewhere.
Now, why bother with this cloak-and-dagger routine? Well, it’s the ultimate shield against link hijacking, the bane of affiliate marketers’ existence.
Now imagine, a sneaky folk attempting to swipe your hard-earned commissions by slyly slipping in their unique ID. Not cool, right?
Let’s break it down. Say goodbye to clunky URLs that resemble a secret code, like this one:
Instead, imagine a sleeker alternative:
Clean, concise, and devoid of confusing characters.
What’s the magic behind this cloak? It’s not just about aesthetics; it’s a security superhero. Users can now click with confidence, knowing exactly where they’re headed. Plus, it’s a breeze to remember and share, paving the way for increased brand love and a wider audience reach.
Ready to pull off your affiliate link disappearing act? Cue the drumroll for WordPress plugins like Pretty Links or ThirstyAffiliates – your ticket to a cloak-worthy URL transformation.
7. Structurize your pages and posts
If you’ve reached this part of the article, you must have noticed how clean, structured, and easy to navigate this article is.
That’s all a customer wants!
When they are looking for a particular product’s info, make their knowledge consumption journey easy.
Make use of a Gutenberg-friendly Plugin Like:
Spectra and Kadence are lightweight Gutenberg plugins that make page building and formatting easy, neat, and affiliate pages highly lucrative.
They include all sorts of formatting elements such as:
- Price Listing
- Table of Content
- Appealing Buttons
- Professional Formatting
- Content Elements
And so much more to expect a high number of conversions.
Note: Simply a professional look at the page or website ain’t sufficient. Try writing the best content for your readers, and surprise them with all untapped topics that your competitors failed to provide.
8. Follow the pillar post checklist
We follow a standard checklist for our pillar posts.
You may even generate your list following the blueprint of your post that generates revenue. Certain points you need to keep in mind include how the keywords were researched, the tone of writing the content and its length; how optimization was made, and so on.
I’ve made this checklist available for our Patrons through the third ‘Attract Money with Affiliate’ training plan. It gets easier to appropriately follow the standard checks before publishing any affiliate article.
You can join to view our valuable and premium videos with the needed guidance to affiliate success.
9. Not every pillar post makes money – Apply ‘Type of Affiliate Post’ that Makes Most Money!
Generally, there are 6 types of affiliate posts of which 4 types have tremendous potential to bring money in. However, if you’re in a competitive niche, the chances to make any revenue could diminish terribly.
Know the General and Affiliate Post Types before we proceed:
- Staple / Round Up
- Answer-to-Query Based
- Landing-Page Styled
The only way you can make the most money is by strategizing and writing a kind of post mentioned in our Patreon training.
With my personal experience in the ad network and affiliate industry, merging two of the affiliate post methods has huge potential to pull a large portion of the money. The ‘Good News’ is most affiliate marketers generally ignore these 2 of the methods.
With our experiments with different types of strategic keywords, these particular types of keywords could easily be found within SEMRUSH.
SEMRUSH has helped us find the hidden gems or say untapped keywords to drive sales from the very first month of Affiliate Marketing Business.
10. Is Your Logo Professional? Nope? Get It Designed!
You won’t believe, that one of our tech sites has a highly fascinating logo that represents our niche and expertise with its appearance.
The month we applied our new logo, conversion since that month got more frequent. We get 5 conversions each week (for this new site). Whereas previously it was 1-2 conversions a week.
An unimaginable big success!
Our logo was designed by a Fiverr Professional named Graphic Mast!
And it was highly impressive. Something that users won’t forget that easily.
Generally, a logo should have an amalgamation of an Object (primary product of your niche); and a Brand Name that makes it stand out, and survive in the long run!
It is recommended that you create a plan for your logo, so it can be well understood by the designer. Hence, getting you the finest art of your brand that builds secure trust among the visitors.
Why On Earth Should I Start Affiliate Marketing?
a. As Effective As a Snowball
Adam was right!
Affiliate marketing has a snowball effect.
Once you understand the technique of how to make customers believe in what you’re offering, and serve them with the value they’re seeking, conversion gets easier.
A consistent effort in building Pillar posts with a handful of targeted keywords is required to make things work in your favor.
b. Low-Cost & No-Risk
Affiliate is absolutely risk-free starting with a very low amount of money. As low as $30 (for low-budget guys) to $300 (for expedient success) as an initial investment.
c. Passive Income
Blogging and Web-based affiliate marketing can prolong passive income for 2 to 3 years if the content is evergreen.
I remember the content I wrote in 2019 is still generating revenue for me. The only thing is that I’ve to update the posts at least once in 2-3 months.
Besides publishing new content on transactional or commercial articles, write supporting posts to back your pillar ones.
The ecosystem of Pillar & Child Posts helps your content last longer for years, generating sustainable passive income.
How Much Money Can I Make as a New Affiliate Marketer in 2024?
If you’ve gone through the table explained in the 4th point about choosing the number of products and their conversions.
There you may get a bit of an idea about how much money one can make as a new affiliate marketer.
With a quick calculation based on my personal experience, if you’re starting early, you can make between $50 in the first month to $11k+ in 11 months of the year 2024.
To be noted: I don’t guarantee you’ll reach 11k in all niches, however, if you’re into Tech or Digital niches you may easily be able to make a good amount of affiliate revenue promoting high-commission products.
What mistakes I should avoid when starting an Affiliate Marketing business?
A few pitfalls you’ll want to steer clear of when starting your affiliate marketing website. Try avoiding these mistakes when beginning with a serious affiliate business.
- Disregarding Your Audience
- Exceeding Limits with Products
- Disregarding SEO
- Neglecting Disclosure and Clarity
- Restlessness and Unrealistic Anticipations
- Disregarding Analytics
- Overlooking Mobile Consumers
- Underestimating the Influence of Networking
- Neglecting Trends and Advancing Technologies
- Omitting the Enjoyment
- Disregarding Quality in Pursuit of Quantity
- Overlooking Email Promotion
- Failing to Experiment and Enhance
- Dependence Solely on Paid Traffic
- Underestimating the Significance of a Compelling Call-to-Action
How to start affiliate marketing with no money?
You can only start affiliate marketing with no money through YouTube reviews and social media videos. However, if you’re serious about making a long-term sustainable business you’d need a website that can make a more trustworthy brand attracting more money than you’d ever imagine. But this will require a small amount of investment for Hosting, Theme, and an SEO Tool to start with. (Additionally, a Caching plugin can be added once you’ve done a whole website set-up)
How Much Can Beginner Affiliate Marketers Make?
A beginner affiliate marketer can make between $50 to $450 in the first month. This also relies on the niche or how expensive the product is.
Can I Start Affiliate Marketing Without a Website?
Yes, of course! You need at least one platform to talk about the products or service either through YouTube or Pinterest. These are highly recommended platforms if you don’t want to start with a website affiliate.
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