How to Make Money with Affiliate Marketing (vs MLM): A Step-by-Step Guide

Are you confused about what Affiliate Marketing vs Multilevel Marketing (MLM) actually is? It’s understandable. The internet has made it pretty confusing. I’ve seen bloggers talk about how it is a pyramid scheme and how it’s not a real form of making money. I’ve also seen the opposite – bloggers talking about how it is the best way to make money and why they love it. So then which is it? Sound too good to be true? It’s not. This post will break down the basics of affiliate marketing and how you can create your own business with it.

The Basic Essentials

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Affiliate Marketing vs MLM

First of all, affiliate marketing is not about selling a product. It’s about creating a relationship with someone else who already sells that product. Basically, affiliate marketing is a type of marketing where you place an order on a website. The site pays you as an affiliate. Then, once you make the sale, you can display ads on your own site. (In fact, you can even sell ads to the company you’re selling for, too) The deal is that the site you’re buying from owns the product. While Multi-level Marketing or also known as MLM is a tactic used by some direct distribution firms to allow established distributors to hire new distributors in exchange for a share of the sales of their hires. The hires are the “downline” of the dealer. Distributors can also make money by selling goods directly to consumers.

A Niche

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Affiliate Marketing vs MLM

Affiliate marketing has a ton of different options. You can create a blog and offer affiliate products on it. You can sell things on eBay, in a reseller forum, or on Amazon. But, remember that the online landscape has changed drastically in the past few years. Also, there are many other ways to make money with affiliate marketing. Too many people offer these types of services now and some of them are good. However, many are just trying to rip off a lot of people. The important thing is that unless the product or service has been checked, the instructions should be simple to obey. The business is already in place, don’t even bother. A niche market is a small community of people who sells the same goods and make a huge amount of money.

How to Make Money with Affiliate Marketing: Set Up Your Affiliate Website

Let’s start by looking at the various parts of this process. The first step is to set up your website. You can use a theme, or you can use a blank template.

A Website/Blog

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Affiliate Marketing vs MLM

When it comes to starting your own affiliate marketing company, the internet is the most obvious platform to start. But, if you want to make a real go of it, you need more than a blog. Also, you need a full-scale website, complete with affiliate product listings. Here’s the bad news: building a complete website with appropriate search engine optimization (SEO) is not cheap. But you do get what you pay for, so don’t let the expense scare you away. The time you spend building your website will be more than paid back in the long run. The only product or service I know of that is consistently profitable through affiliate marketing is IT product reviews. I’m not saying you should specialize in one thing, but it does have its advantages.

Grabbing Google’s Attention

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Affiliate Marketing vs MLM

Many writers have written the benefits of affiliate marketing and multi-level marketing (MLM), but people are not getting in on the action. If you wish to make money with affiliate marketing, you must advertise your product rather than your blog. In addition, your main audience is the people who want to buy your products, not the people who read your blog. But, if you want to start an affiliate program, your strategy should be to get people to visit your affiliate site. Make sure to encourage them to sign up for your monthly schedule.

Optimizing the Look and Feel of Your Website

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Affiliate Marketing vs MLM

You’ve got a product to sell and a platform to sell it on. Now, you just need to optimize the look and feel of your website to get more users. I’m not talking about your typical blog post where you need to write a whole lot of words. Instead, you want to create a visual component to your ad that illustrates what the product does. Make sure to showcase why it’s different than your competitors. Subsequently, you want a product photo with details that your visitors can click on to learn more about the product. Websites need a fantastic ad package to attract visitors, but they must click on your ad to purchase.

Understanding Traffic in Affiliate Marketing

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Affiliate Marketing vs MLM

Before we can understand affiliate marketing, we need to understand traffic. Traffic is essentially the number of people who visit your website or shop with you in some way. In fact, this data comes in two forms: direct traffic visits from search engines; and direct traffic consists of people who visit your website directly. In addition, search engine visits are where an individual enters your website URL directly in the search engine. Direct traffic is easy to track. It’s clear which visits are from which sources. However, search engine visits are hard to track for a variety of reasons. If you’re relying on Google Analytics, you can’t see search engine traffic.

Linking Up with Google

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Affiliate Marketing vs MLM

If you’re a Google user, you probably already know what Google Ads is. In fact, it is the tool that every affiliate marketer uses. Google Adwords lets you place Google Ads on your site, business site, Facebook page, or anywhere else on the web. These ads pay you based on the sales you drive to the links on your website and social media profiles. Here’s how it works. You install a Google Adwords account, select the type of ads you want to run, and start bidding. Your ads are automatically selected and the entire bidding process happens in the background. With a monthly fee of about $30, you’re spending less than a dollar a day for advertising.

Keyword Research

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Affiliate Marketing vs MLM

Search terms aren’t your friend. Avoid keyword stuffing. Don’t use the same terms for everything you do. The most important thing you can do is create individual niche sites for your products or services.

Here are some ideas:

  • Toothpaste & Mouthwash
  • Ear Care
  • Boil Water Safe
  • Baby Formula
  • Personal Lubricants

Your natural solution is advertising. Like most marketing strategies, this requires a bit of time, effort, and patience. But, with this strategy, the investment will be paid back very quickly. When you know exactly who to target, you can create a product that will meet their needs. This is exactly how products like Lasix, Biohacks, Soylent, and Cloudz were created and are making money.

Affiliate Links

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Affiliate Marketing vs MLM

But first, the basics: What is Affiliate Marketing? Affiliate marketing is a type of marketing where the main goal is to sell products and services to affiliates. Instead of charging customers a set fee to sign up for a product. Affiliate gives an amount of money to the product’s manufacturer. Subsequently, every time a customer completes an “affiliate order”, you don’t have to be an expert in math or marketing. And if you’re an entrepreneur looking for a full-time income. Affiliate marketing might be the one for you. To sum it up, here are three of the best affiliate marketing platforms for small business owners looking to make money online: Flexoffers, Shareasale, and AWIN.

If you haven’t yet, you can check on this blog: 4 Simple Yet Effective Tips on Keyword Research

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