Welcome to Day 3 in our “Start a Profitable Blog” series!
Today we are going to talk about my favorite way to make money blogging – affiliate marketing. This is how I earned my first dollar from my blog. It was from Amazon Associates and I was absolutely thrilled!
You can monetize your blog from the get-go by recommending products and earning a commission from each sale that is made (at no extra cost to your readers). Some products offer 40% of the price as an affiliate commission so you can see how it can add up quickly!
The great thing about affiliate marketing is that is works for every niche. If you have products or services to recommend to your readers, you can make money with affiliates.
How to find affiliate products to recommend?
Like sponsored posts, the best way is to join networks that give you access to many brands in one swoop.
I’ve created a list of the best affiliate networks that new bloggers should join and you can check it out here. I recommend joining as many as you can so you have a lot of options.
Make sure to list your blog URL on the application and mention that you will promote via blog posts and social media.
I use a free account with Payoneer to get paid for a lot of them. Payoneer will give you a US/CAD/EUR/GBP based bank account for free and you can then transfer the money directly into your regular bank account.
I find it the most cost-effective way of getting paid by affiliates. Plus the fees are way less than PayPal.
Sign up for a free Payoneer account here.
You can promote your affiliate links directly on Pinterest and the social media networks as well as in blog posts.
Just remember to disclose that you will be compensated if they purchase from your link.
For social media, #ad or #affiliate is sufficient, while blog posts should have a disclosure at the beginning, you can see mine under the photo on all my posts, like this one.
Want to learn more about affiliate marketing and get a step by step guide to earning your first $1000?
My ebook, Affiliate Action Plan will take you through everything you need to know to promote affiliates and make money.
Exclusive for subscribers of this mini course – get 40% off the book with promo code “40AFFILIATE” (This will make the book only $11.40)
Grab the guide here >>> Affiliate Action Plan
Now we have our influencer and affiliate marketing set up and ready to earn, tomorrow we will look at some other ways you can monetize your blog.