Why should you Start an Affiliate Marketing Business? Well, to create an extra source of income, of course!
Creating extra sources of income is a must because you want to have an alternative source of income in case you lose your primary source of income.
In addition, just having one source of income cannot really sustain the “North American Dream” lifestyle!
Here are some stats to prove my point.
Did you know?
Average Americans will work for the rest of their life just trying to pay off their debt?
According to thebalancecareers.com, the median wage in the United States in the first quarter is $47 060. Interestingly,
To put that into perspective, American companies who has a debt ratio of 60% will have a hard time to borrow money from a lender! That makes me wonder why banks allow a normal citizen to have a debt ratio of 80%+ Crazy!
For those who are wondering, a healthy debt ratio is under 30% or lower. If you want to plan to apply for a mortgage, then you should at least have a 43% debt ratio.
Now, I’ll admit I am not an accountant nor an economist so some might say my claim is probably not accurate but the bottom line here is most Americans will be working for the rest of their lives just trying to pay off their debt!
There are different solutions to this high debt to income ratio some of which are the following:
- Budget your income and stay within your limit
- Get promoted
- Get a part-time job
- Start an online business like AFFILIATE MARKETING
Why start an Affiliate Marketing Business?
There are dozen of ways to make money online.
You could do e-commerce, online freelancing, buy and sell, digital marketing, answering surveys online, doing menial tasks for someone, and many more!
However, I believe starting an affiliate marketing business is the most straight forward and easiest but rewarding online business of them all.
Overview of Affiliate Marketing Business Strategy
In this article, you will learn 9 Things You Need to Do to Start an Affiliate Marketing Business Using Amazon and Pinterest!
The 9 Steps are,
- Sign Up to Be an Amazon Affiliate
- Choose a Market Category In Amazon
- Sign Up For a Pinterest Business Account
- SEO-Optimize Your Pinterest
- Grow Your Pinterest Followers Strategically
- Create a Blog
- Write a “List Article” and/or a “Review article”
- Create Pinterest Pins and Publish It
- Rinse and repeat steps 7 and 8.
Affiliate Disclosure – I am an Affiliate of many products promoted on this website and may earn a commission if you purchase something.
What is Affiliate Marketing and How To Make Money From It?
Wealthy Affiliate neatly explains what affiliate marketing is and how it works.
Now that what affiliate marketing is and how it works is explained, let me now tell you the steps you need to Start an Affiliate Marketing Business.
How To Start an Affiliate Marketing Business?
Step 1: Sign Up to Be an Amazon Affiliate
The first step is to sign up to be an Amazon Affiliate. I want you to use Amazon’s affiliate program because of the following reasons:
- Amazon Inc is the king of e-commerce. That means your reader trust Amazon which translates to a higher probability that they will buy the product that you are advertising.
- Amazon Inc sells hundreds of thousands of items on their site. This is good for you because you can write articles on products that you’ve already used, love, or knowledgeable of.
- Amazon Inc sells on every market category. This is advantageous to you because you can focus your Amazon Affiliate blog/ Pinterest on whatever niche you like to be in and Amazon got you covered.
Need help setting up your Amazon Associates account?
CLICK the help button below to learn more!
Step 2: Choose a Market Category (Niche) In Amazon
The next thing you need to do after registering to Amazon Associate is to go to Amazon.com (or whatever Amazon site you are using) and click the shop by category section.
Once you are in, choose a product category you would like your blog to focus on.
Basically, this will be your blog/Pinterest niche so choose wisely!
Choosing a niche is very important because it will be your guide as to what kind of contents you will have to make, it will give you an idea to which audience you will advertise, and it will help you build your brand.
Tips On Choosing a Niche
Consider these two things when choosing a niche
- Choose a niche that you are passionate and/or knowledgable about
- Choose a niche that has a reasonable amount of customers
You need to choose a niche that you are passionate and or knowledgable at because you will be writing articles about it and if it would be hard to create content on something you are not interested to.
On the flip side, if you chose a niche solely based on your interest and you didn’t consider whether it is profitable or not, then you will have a hard time to make money.
Step 3: Sign Up For a Pinterest Business Account
Okay! Doing good so far!
You now have an Amazon Associates account which will be your primary source of income.
You also now picked a niche which will be the focus of your blog/ Pinterest Marketing.
Next on the list is to find an “advertising” platform where you can advertise your contents for this one, I highly recommend that you use Pinterest.
Reasons why using Pinterest is great for your affiliate marketing:
- Pinterest users are proactive shoppers which means it is much easier to make a sale on Pinterest
- Pinterest contents last longer… way longer. Pins are usually get passed around over and over again which means you get a lot of impression for less effort. Basically, the higher the impression = more potential customers
- Pinterest contents go viral. Even if you have only 1k followers, your Pins still has the potential to reach 15k to 20k people and even more. Again, more people able to see your Pins = higher your chance to make money!
Need more convincing why Pinterest is the best for this job?
CLICK the help button below to learn more!
Just to let you know, there are other platforms where you can advertise your Amazon affiliate blogs/links such as through Facebook, Instagram, or Pay-Per-Click Advertising but as I said, I am convinced that you can get a quick win if you use Pinterest.
If you have questions, objections or suggestions, feel free to write it in the comment section down below. For now, I need you to sign up for a Pinterest Business Account by going to their website, business.pinterest.com
Need help on setting up your Pinterest Business Account?
CLICK the help button below to learn more!
Step 4: SEO-Optimize Your Pinterest Based on Your Amazon
In case you don’t know, Pinterest is not just a social media but also a search engine. The best “visual” search engine as a matter of fact.
Pinterest being a search engine gives you a lot of advantage in terms of marketing.
Let me explain the advantage of Pinterest by contrasting Facebook (social media) and Google (search engine).
If you are a digital marketer advertising on Facebook, you need to use sales funnel tactics because Facebook users don’t use Facebook to look for something to buy. They mainly use their Facebook to socialize with their friends/ relatives… or stalk people.
On the other hand, people use Google to specifically search for something they are considering or ready to purchase. In other words, they are already at the end of the sales funnel so no need to do it. All you need to do as a digital marketer is to think of the keywords people use when they are about to buy a product/service.
(If this doesn’t make sense to you, please feel free to ask a question in the comment section.)
Now, since Pinterest is both social media and a search engine, we can use both the Facebook and Google marketing strategy.
I will explain later how to social media marketing on Pinterest later (step 5), but for now, let me teach you how to do search engine marketing on Pinterest.
Like in Google, you want your contents to show on the top of the search engine result page (SERP) because the higher your rank on SERP the more traffic you will get. And the more traffic you get, the more people will see what you are trying to sell.
For that to happen, you first need to SEO-optimize your Pinterest
How to SEO-Optimize your Pinterest?
Optimizing your Pinterest for keyword search is easy.
Here is a summary of how to do that
- Have a niche
- Research niche-related keywords
- Include niche-related keywords to your user name, to your Pin titles and description, and to your Board titles and description.
I want to reiterate the importance of having a niche and posting contents only related to your niche to help Pinterest algorithm determine what your Pinterest business account is all about. Do this and Pinterest will rank your posts higher.
Need more help on SEO optimization of your Pinterest account?
Click the help button below to learn more!
Step 5: Strategically Grow Your Pinterest Followers
Yes, Pinterest is a wonderful visual search engine, but as I said earlier, it is also a social media!
That means building a following is important because your followers will see your content and if they like it, they will re-Pin (share) it.
Here is the logic of building a large following.
the more followers you have = higher the impression
higher the impression = higher chance of link clicks
link clicks = traffic
higher traffic = higher chance to make money
There are two ways to grow your followers.
The first way is for you to follow an influencer in your niche then follow their followers. The logic is the influencer’s followers would also like your contents since both you and the influencer are in the same niche.
The other way is SEO-optimize your Pinterest (as per step 4). The logic is, people use Pinterest to search for ideas, products, and/or services. If your Pinterest is SEO optimize then they will see your contents on the result page. If they find your content to be relevant to what they are searching then they will save your content and they might also follow you!
Need more help on How to Strategically Grow Your Followers on Pinterest?
CLICK the help button to learn more!
Step 6: Create a Blog
In a perfect world, it would be great if you can create a Pin then directly put your Amazon affiliate link to the Pin’s destination link so your followers will be redirected to Amazon when they click your link.
Unfortunately, the reality is a bit complicated because some say you are not allowed to use your Amazon affiliate link directly on Pinterest while others say you can.
As far as I know, you can directly use your Amazon affiliate link on Pinterest but with restriction.
Check out my article, “How to Add Amazon Affiliate Links On Pinterest” to learn why I believe you are allowed to directly use your Amazon affiliate link on Pinterest.
For now, I’ll tell you the safe way How to Start an Affiliate Marketing Business Using Amazon and Pinterest and that is by writing an Amazon Affiliate blog then publishing a Pin for it.
I guess the easiest way to write an Amazon affiliate blog is to write a “list article” or “review article” (more on this later) of products you are trying to sell.
If you have no idea how to start a blog, here are your two options:
Wealthy Affiliate’s FREE starter account is good enough for you to learn the basics of blog creation and they will provide you with some basic tools to set up your blog. I recommend that you try it because its good to get your feet wet.
Option 2: DIY your Blog
Of course, it is also okay to DIY your blog but it will be probably harder to figure out what you need to start one and how to start one. Anyways, the link about is a good tutorial on How to Start a Blog.
Step 7: Write a “list article” and/or a “review article” featuring the product in your niche
Okay, so hopefully you set up your blog site. Now you need to focus on creating list articles or review articles because they are the ones that get traffic and have a high conversion rate.
Just observe your browsing habits.
You are probably more drawn to articles that list gift ideas than a regular blog. In addition, if you are looking to buy, a headset, for example, you will probably look for product reviews to determine if the headset you are thinking to buy is of any good or not.
Tips when writing a Review Article:
- Insert product Image on top of the page
- Include star or number rating for the product
- Price and Call to Action button
- Write a summary of what you think about the product
- Write your full review of the product
Additional Tips when writing a Review Article:
- Use AIDA format
- State the problem
- Show how the product solve help the problem
- Tell your readers what will be the benefit of the product to them
- Include some social proof (screenshot of product reviews of other people)
- Answer the question, “So what?” every time you state what the product can do.
Tips when writing a List Article:
- Have a list of products that you will advertise
- Give each a product a number on the list
- Explain briefly the problem and how the product solves it
- Make a Call to Action (either read a more in-depth review or tell them where to buy)
Step 8: Create Pinterest Pins and Publish It
Alright! We are now in our final step.
After you have written your article, the only thing left is to drive traffic to your articles.
To do that, we will use Pinterest!
Hopefully, you did step 4 and step 5 well and should have resulted to around 4k followers after 4-6 months and you have around 20K+ monthly impressions!
Those are pretty good numbers, so now I would want you to do is to Publish Pins (maybe 3-5 Pins) for each Amazon Affiliate blog you write then use the blog’s URL in Pin’s destination link.
If you didn’t manage to amass that number of followers or your monthly impressions are low, don’t worry because Pinterest also has paid advertisements that you can use.
Just create a Pin like how normally you would then click Promote Pin to get it advertised.
Step 9: Repeat steps 7 and 8
Yes, that is it. That is all you need to do to Start an Affiliate Marketing Business!
The great news is you only need to to set up your affiliate accounts, Pinterest and blogs once. So all you really need to do is to repeat steps 7 and 8. In other words, just write blog posts over and over again and promote those blog posts on Pinterest.
Here is even greater news! There will come to a point where you will not have to write anything or as much anymore because your articles will get good amount of traffic and will continue to generate commissions!
But, as a brand new site, aim to write at least 100 Amazon affiliate blog post and create at least 3-5 Pinterest Pins for each post. Aim to finish it within 6 to 12 months and I can guarantee you that you will be making money passively for the rest of your blog life.
What Did You Learn/Love About This Article?
Well, I truly hope that this article added value to your life. If it doesn’t please feel free to give your constructive criticism so I can further improve it.
Hopefully, though it did add value and if so please leave in the comment section what are the things you’ve learned.
Also, I want to hear which part of the article you love the most!