What Is Affiliate Marketing And How Does It Work? | For Beginners


What is affiliate marketing and how does
it work? Now, in this video, I’m going to be going over the 2 ways to make money
with affiliate marketing. 7 different affiliate programs you can sign up with.
And 8 different traffic sources. Now, I’ve been doing affiliate marketing for
almost eight years now. And I’ve made millions of dollars with it. and I’ll be
breaking everything down that you need to get started and make some serious
money with this. Let’s get it. So, first you’ve got to understand the business
model to understand the two ways to make money. Now, let’s start out for instance
and saying that there’s a customer wants to buy a watch online. So, the customer
goes online and searches for watches and they find a great watch that they want
to buy, okay? Now, the person who owns the watch is
called the product owner, okay? Because they created the watch. Maybe they are
Casio or Sony or whatever. And they have an affiliate program that let’s say John.
John Affiliate signed up with. So, in many affiliate programs, people split the
profits 50/50. Okay? So 50% of the money goes here and
50% of the money goes to the affiliate who markets it. Now, this affiliate –John
(let’s call him) Put up an ad on Facebook and said, “Hey I have a great watch.” The
customer bought it. Now, in that case, the customer paid $100 and the product owner
makes 50 and the affiliate makes $50 for marketing it. These are the 3 main
components of affiliate marketing. The product owner who has an affiliate
program, the affiliate who’s selling it and the customer. And the 2 ways to
make money in the affiliate marketing ecosystem because you can have a product
and have other affiliates promoted or you can be the affiliate and make money
marketing products. So, let’s look at 2 examples and then I’m going to get into the
seven different affiliate networks and 8 different traffic sources that you
can use to start affiliate marketing. Here I am on a website called recordingnow.com. This is actually the website of another famous Affiliate/YouTuber
called ODI. So, if we look under here, under his gear reviews, we’ll see he
reviews different headphones, okay? A lot of people before they spending a lot of
money on an expensive headphone set, they’ll look at a review of the product.
You know to make sure that other people are saying it’s cool and you know it
it’s it’s worthwhile. Now, as you’ll see here, he has his affiliate links right
here at the bottom. Do you see that? He says order the beats solo 3
wireless headphones here for the lowest price available. Do not pay retail. And he
has links from amazon’s affiliate program right here. Every person who buys
after clicking on this link, he will end up making about 5% on. So 5% of
$300 is about $15. So, it’s pretty good. Everybody
who visits his page. And there could be thousands of people that are searching
to buy these headphones. I think even millions of people by the the Beats by
Dre. So, you could make a lot of money, 15 times a lot of people. Here’s
another example of somebody using affiliate links. So, here’s a famous
YouTuber called Peter McKinnon. You see he has 3 million subscribers. You may
not have heard of him before. But 3 million other people have. And a lot of
people watch his videos. So now, you’ll see right here. He… You know, he has a
video that’s been viewed a lot of times. And do you see all of these… He talks
about digital photography and video. You, know making videos. He’s very good at it.
Now, you’ll see right here, he has new Lightroom presets pack. His link
which goes to his affiliate links. So, he will make money every time somebody buys
that product, okay? And you can see more stuff here. Once again, you know his
camera here, he has Amazon affiliate links to amazon’s affiliate program
right here. He has a lot of affiliate links. In fact, that he’s using to make
money. Now, Peter McKinnon is a very influential photographer.
I want you to look at the price of some of his products that he’s selling as an
affiliate on his site. Now, he does a very good job of making people want to get
good into video. But keep in mind that 5% number while we look at how
expensive some of these products are that he gets people to buy. $5,000. Look at this camera. This camera is $5,000. That’s $5,000 right there, baby. That is a lot of money. And if we do the
math right here, let’s bring this up right here. We do the math and $5,499 times .05%. He
makes a cool $274 every time somebody buys
this camera. It’s the number one affiliate link on his thing. And this
video… This video has been viewed by 1.5 million aspiring videographers, right? A
lot of people who are watching his stuff or you know, generally speaking they’re
aspiring to go into like some sort of video based… You know, photography sort of
work. All he has to do is sell one of those a day. One of those a day. He
doesn’t even have to send it out. He doesn’t have to call anybody. He doesn’t
have to support anybody. He just shoots his videos and he’s making some cool
money here. And he has a lot more stuff. As you can see, there’s a lot more stuff
that goes into it. Look at this, he’s favorite lens ever. How much is this? $1,500. Look at that.
That’s $1,500. That’s a lot of money. And that’s an additional…
What is it? Like something like 5% of that is it’s like $75. So, there’s a lot of money. He’s in a very, very, very valuable niche.
So now, a lot of the people that follow Peter are not just looking. It’s a very
high-priced. Hobby or job to get into. You know, photography and videography, you
know? So… He’s in a great place to be an affiliate marketer. and he gets to have
fun doing it because he’s just talking about the stuff he loves all day.
Shooting videos, he’s doing cool stuff. And he’s motivating other people to
you the same sort of stuff. So, I love that. Let’s check out how else, you know,
some good affiliate programs… You heard about Amazon right here. But let’s look
at some good affiliate programs other than Amazon that you can get started
with selling products on. So, first off… I just gotta mention Amazon. Amazon is the
biggest affiliate program out there. It’ll pay 5% which is not a
lot but it can add up. As you’ve seen, if you’re selling high-priced goods. And
their program is called Amazon Associates. And you can see right here.
You can join for free. These don’t cost anything to join. Affiliate programs pay
you, okay? They pay you money. And I got all this money here just you know,
because this is a fraction of what I earn each year with affiliate marketing.
Just kind of give you an idea. My business does almost 7 million dollars per year. If it sounds nuts, I don’t have any employees. Sounds
absolutely insane but it’s true. It’s a huge market. But I won’t go into my
business. This is about you right now. Look. See join, advertise and earn. And you
can have Amazon. This is Amazon pay you money. Just like they pay Peter McKinnon,
just like they pay me, just like they pay ODI productions, okay? Now, next is the
second of program is Walmart. It’s called affiliate link program and you can
become in a Walmart affiliate by referring customers to Walmart.com. So,
just as you saw. And we’re going to go into the different traffic sources in just a
second. But first I want to show you how you can make that money. So, you can make
money from Walmart. Walmart pays you to send people to their website, okay?
Target will pay you to send people to their website. If you’re wondering how
you find these links, you could just search Target affiliate, Walmart
affiliate, Amazon affiliate. Or you can go down to the bottom of the site and you
can see right here. You can see in the footer, see that link affiliates right
there. You just click that link and it’ll take you to Target affiliates, okay? Join
the day. signing up is free. And as you see, you can earn
up to 8% on products. 8% of anything you sell. People are already shopping at
Target, People are already buying these products.
And you can earn up to 8% of everything they buy. That’s pretty good, okay? And not
only that but you don’t even have to be at the store. You can sell the people all
around the world. So, the Internet is huge. And with the population surpassing 7
billion people on this planet. The opportunity to make money online is
beyond your comprehension. I want to explain that to you. It’s beyond your
comprehension. Just a small slice of it. eBay has an affiliate program. tTey call
their partner Network, okay? So, sometimes affiliate marketing people think
affiliate marketers are aggressive. Or they you know, marketers is kind of like
a same word it’s like sales people. But they make a lot of money for people. So,
everybody has an affiliate program now. And here it says get paid when people
buy products. So, you can you can earn money when people buy stuff on eBay. Now,
this is a bit of a unique affiliate program but I want to expose you to some
like really interesting things that are out here. Now roll is a trucking company
and check this out. How does an extra $1,500 sound? So, what this
affiliate program is, is this affiliate program is about referring people to
become truck drivers. Every year, the trucking companies are growing or people
are leaving or whatever and they need more people to become truck drivers
every year. Makes sense, right? There’s always… There’s always truck driving jobs.
But the thing is it’s been getting harder and harder and harder for people
to find new people to become truck drivers. Therefore they offer a bounty. If
you refer somebody who ends up becoming a truck driver, you will get $1,500. $1,500 for just referring somebody
online to become a truck driver, right? It sounds silly but you can do that real
easily. And I’m going to go over some of the traffic sources in just a second. I’m
going to go over 8 traffic sources in just a second here.
But first, I want to get to my last 2 affiliate programs. The second last one
is my own product, okay? So my own product pays extremely well, okay? So, I have an
educational course on how to do affiliate marketing, okay? You can you can
go through my educational course on how to do affiliate marketing. It’s $1,000.
But I also have… You know I also have coaching program. But anybody who goes
into my training program –educational course which is an online training
course. I offer very competitive commissions for affiliates to refer it
or promote it. So every affiliate of mine makes about $500. In additionally, they
earn a hundred and $25 per month. Just to give you an idea. So, my
product is the top selling educational course on the internet. And you can check
it out. You go to clickbank.com, okay? So, if you
want to sell that. Clickbank as an affiliate network. Now, the number one
thing that I’m going to expose you to is… Now this is the best niche. This is… This
is the niche that gives me so excited because the amount of money available in
this niche is literally trillions of dollars more than any other niche. Now,
this niche I’m about to show you makes the amount of money I have here seems
small. But in fact, a lot of this came from me being an affiliate in this niche.
This is the niche I started it. And I’ve been a major affiliate in for years. And
that niche is the investment niche. Now, each year, trillions of dollars are being
transferred back and forth between accounts, retirement providers, different
things every year. Literally trillions of dollars. More money than people buy on
everything on Amazon combined is being transacted in people’s retirement
accounts and investment accounts of savings accounts. The money is going
around. Now, the investment niche… You can’t… You can’t invest with credit cards.
You’re in testing with… It’s just cash that’s
floating up in the banks. And the regal assets affiliate program allows you to
make 3% of transfers that people make from their retirement accounts in 2
different investment vehicles, okay? So, regal assets, personally, they help people
move their money around from into precious metals, gold, silver, palladium,
platinum, solar. You know wind farms, real estate, crypto currencies. They help
people move their money around into alternative assets other than stocks. But
with this program, you can earn 3%. The average deal is $80,000, okay? $80,000.
So on average, you’ll make a $2,500 commission. All you need is one click, one
lead one customer per month. They do all the sales for you. You just need to get
their name, phone number and email address. If somebody who’s interested in
doing investing. And you can make $2,500 or more. I’ve made over $30,000 in a single commission. Just to give you an idea of what that is, $30,000 in a single commission is one, two, three. And this would happen
in one day, okay? So, just to give you an idea of that. So, regal assets affiliate
program. I’ll put a link for it somewhere around here below the you know, in the
description or something. So, you can check that out. How do you get people to
click on your links, right? You’re getting these links. You’re getting these
affiliate program links and you’re putting them up. Just like Peter McKinnon
did or recording ODI productions did. Where they’re putting their links on
their YouTube videos or their blog posts. How can you get people to click on your
links, right? You want to make money. You want to get interested people. How do you
market this stuff? Do you just text it to your friends? Do you just email it to
your mom and dad? And say, “Hey mom dad click on my links.” That is one way. But
I’ll give you some better ways that you can start earning money as a marketer.
But you’ve got to put yourself in the salespersons mindset. If you’re just
looking for a quick buck then go home stop being late
you dumb millennial, okay? If you’re just looking for a quick way to make money
without working, go home. Leave this channel, never come back. But if you’re
looking to work hard and actually do this and actually build a sustainable
business, here’s what you do. Now, this may seem patronizing for some.
But this is these are the ways to get traffic online. And if you stuck around
to see these traffic sources, it’s easy. It’s obvious. It’s not hard, okay? So don’t
think this is rocket science here. It’s very straightforward. Facebook, Google,
YouTube and Instagram. You can post on them for free or you can post ads on all
of these places. On Facebook, you can set up a Facebook group or you can set up a
Facebook page. And you can post your affiliate links for free, okay? Let’s say
you want to post about investments, right? Start a Facebook group about alternative
investment strategies. Easy. And then you post your regal assets links in there. Or
you can put up Facebook ads to people who are in a position to invest. Boom!
Google is the same thing. I showed you how you can do blog posts on Google.
Google shows those blog posts for free. Or you can pay Google to show up at the
top. So, you have ads or free blog posts. Either one will get people going to your
affiliate links. Number 3 is YouTube. Now, YouTube is the number one source for
education. Right now, you’re learning from me. There’s a lot of education that goes
on on YouTube. I believe it’s the future of Education which is really exciting.
Now, if you want to promote educational programs such as you know my training
course on how to start an online business. Or if you want to promote any
training course, you know, from like Kevin David or whatever. You can promote it
through YouTube ads. Or you can put up a video about whatever you’re looking to
teach people. So for instance, you know, truck driving, right? You can put up a
video how to be a truck driver. And link to that referral program sending people
to how they can apply to be a truck driver, does it make sense?
Easy. And Instagram. Same thing. You can put a post
for free on Instagram or you can put up posts. You can actually pay to advertise
on Instagram. Now, as you see on Instagram, you can post a link in the description,
right? So, I have a link. If you want to join my course for instance and learn
how to start an online biz. You can join right here and put a link. If
you’re an affiliate, you would put your affiliate link there and you just do
daily posts on Instagram talking about whatever. But as long as they’re
interesting and people want to share them, that’s the most important thing. Now,
if you enjoyed this video, slam that subscribe button. Like it and also let me
know in the comments, what you’re looking to learn in the future. What did you
enjoy about this video? What would you like to know more about? What was your
favorite part? Was it the traffic sources? Was the affiliate programs? Was it just
kind of understanding the model of affiliate marketing with offer own or
affiliate and customer? Let me know in the comments what you liked and what
you’d like to see more of and I’ll try to make sure to cater to you in the
future. Looking forward to seeing you as an
active person on my channel. Make sure you subscribe and hit those
notifications so that you can see my live streams that will hopefully be
doing sometime in the near future. Talk to you soon.
See you next time.

31 Comments

Add a Comment

Your email address will not be published. Required fields are marked *