Affiliate marketing is a great way to make some extra money. In fact, it’s my main source of income nowadays, so I thought I’d share with you a guide to starting your own affiliate marketing business from scratch with no money. Read on to find out.
First, lets start with a recap on affiliate marketing. In essence, you are promoting other people’s products and receiving a percentage of each sale. A lot of people are interested in this for a number of reasons. The primary one being that you don’t have to come up with a product of your own. It’s also a less stressful job with the possibility of working from home.
So where do you find these products to promote? Some places will connect you with affiliates who are looking for products to promote. That’s spot number one. You can find a lot of products at places like Clickbank.com.
Clickbank is one of several affiliate networks that holds literally thousands of different products that affiliates can promote to earn commissions. And the cool thing is you can promote multiple products across multiple networks in many different ways.
But here’s where the rubber meets the road. At Clickbank, for every sale you make, you also get paid a certain percentage. This varies across the different networks, but is usually between 15% – 85%.
Now, you can make sales and get paid that much, but if you don’t sell anything, you won’t make any money. You have to leverage your time and effort into selling the products that are profitable.
And time is a commodity in which, if you’re not willing to sacrifice your time to make money, you don’t have any money. You have to trade your time to make money in affiliate marketing.
So, how to start an affiliate marketing business from scratch no budget:-)
- Find a profitable niche that you don’t have an interest in
- Buy a domain name
- Set up a hosting account
- Get a thank you page
- Add tracking code to your thank you page
- Create an optin page
- Set up a auto responder
- Start promoting your optin page
So, how much do you have to invest? You can start with a campaign that costs you just a dollar or two. You don’t have to spend much money and time.
Market: You can start by paying for advertising. You can also try article marketing, forum marketing, seo, and blogs. You can also try a brand new campaign that will be worth more than most campaigns.
Landing Pages: You don’t have to bounce from one landing page to the next if you don’t want to. You can just create your landing page and advertise it.
Traffic sources: You don’t have to promote your landing page directly. You can try other methods such as press releases, forum marketing, article marketing and pay per click campaigns.
Everything will be automated: You don’t have to sit around and watch. You can concentrate on getting traffic to your landing page.
Analytics: You need to know where your traffic is coming from and what keywords are attracting the attention. You can tie this information together with your click through and sales conversion to optimize your campaigns.
Easy launch: You don’t have to struggle with settings and accounts and complex software. Clickbank will do it all for you.
Guarantee: At least 60 days. At least 60 days.
Due to the nature of the system, you can’t depend on the network or the merchant for customer service. If you find you’re getting dead traffic or customer service, you’re not solving your quest for customers.
High converting products: You don’t want to waste your time and energy promoting a product people won’t buy. You want to focus on promoting great products. If you do, you won’t have to worry about the nuances that the merchant is trying to avoid.
Risk: If the network charges you for credentials, then it’s probably not worth it to join. If you are dealing with a merchant, they should not charge you for the service that they provide.