How would you like to make some extra cash right now? If you want to boost your bank balance, take a look at how to make money with Affiliate Marketing.
What is passive income?
You might have heard of passive income. However, what actually is it? Passive income is when you earn income which doesn't require any effort to maintain. Once you've done the initial work of setting it up, it can pay you again and again without you really having to do anything. It could be writing an e-book which can be sold several times. Maybe even years later you are still earning money from it. It could even be rental income or other activities where you don't actually have to get involved and participate in order to earn cash.
What is affiliate marketing?
Affiliate marketing is a great way to make money. Websites owners who sell products or services online can also be called “Merchants”, using sophisticated sales and marketing technics like affiliate programs, with the use of external independent online marketers known as associates or affiliate marketers. An affiliate program invites potential affiliate marketers to register for the program. The affiliate program states the compensation agreement between the merchants and affiliate marketer. It is a performance-based compensation where the affiliate marketer is getting percentage of the sales from the traffic he sent to the merchant's website. When the affiliate marketer was approved by the merchant he then gets an access to marketing materials such as banners and graphics as well as slogans and the benefits to the customers. In addition, he gets an Affiliate identifier code he should embed in every link he points at the merchant's website so when the visitors to the Marketer's website land on the merchant's site they can be identified as this specific marketer so if this visitor buy anything the Affiliate marketer's account will be credited.
Examples of affiliate marketing
There are some great examples of how to make money with affiliate marketing across the internet. Some of the biggest corporations you know or have maybe even shop with on a daily basis have affiliate programs. Those marketers signing up to become affiliates might have different mediums at their disposable. They could include email marketing, blogs, review sites, Facebook groups or even traditional media. Pop a discount code on a newspaper article and it can help people sign up to or buy different things. When they use the specific code, this will track in the back end of the system and the affiliate will earn a cut. This can work well with influencers who have large followings on social media. A new clothing business might engage with an influencer who has a following of their ideal customer. The influencer could then earn money each time one of their followers’ shops with the company, using their specific code.
How to become affiliate marketer
This is the question at hand when we discuss how to make money with affiliate marketing. How to actually become an affiliate marketer. If you have any of those things mentioned above at your disposable, there is potential to earn money from affiliate marketing. Find affiliate programs which your audience will be interested in and link them into your content. From banners on your website to links in your newsletters, you could be earning extra cash in no time.
Affiliate programs
You can find specific affiliate programs all over the internet which will allow you to sign up and send potential customers across. These leads are your money. Businesses often have a refer a friend program to encourage users to get their friends, family and other people to sign up via their link. Even energy companies run programs like this. They'll reward you when a new person signs up for their services via your link. These programs are what help make affiliate marketing happen. Anyone can recommend a product or company to someone else. Affiliate marketing gives them a reward for doing so. Who could you recommend the last business you happily worked with to?
Affiliate links
Two of the biggest affiliate opportunities you might have heard about are Amazon Associates and the eBay Partner Network. If you, for example, have a camping website, you might discuss the best types of tents for different situations. You can then put a link to the product being sold on Amazon or eBay. If your website visitor clicks through that link and buys, you'll get a percentage of the sale. You could then go back through pervious articles you've written and add links to sleeping bags, stoves, jackets and lots more. There might even be camp sites that have affiliate marketing opportunities. Discuss them on your site, include a link, someone clicks through and books and you get rewarded. Simple.
How affiliate marketer earns money
When the company, or perhaps we should call them ‘merchant', is going to pay you for any sales they get from when clicks through your site, you need to know how you will get paid. Some of these sites will pay instantly when the transaction takes place but the majority will take a few months to pay out. This is not generally an instantaneous way to make money but it can be a great way to make your cash. You'll find out how quickly you'll receive payments when you sign up. The benefit is though, you can capitalise on the creation of online casinos, without having to set one up yourself and get the official licensing. All you’re doing is sending customers to them and earning money in the process. You can see by the image below how Casino affiliate marketers register with multiple casinos. This ensures that whoever the online customer decides to join, the marketer gets their cut of the cash.
Why the merchant loves working with affiliates
Online Casinos love working with affiliates because there are no additional marketing expenses for them to pay. They only pay when they get a customer signing up. It’s an agreed amount and the merchant is paying for proven results. It’s a win for everybody.
How the merchant identify the affiliate marketer traffic and customers
The identification process of affiliate marketing is set up with specific links. The company you're doing affiliate marketing with will either send you a specific link or you'll be able to auto generate them by logging in. Each link with have tracking information specific to you and you can often shorten that link so it's not as unsightly.
Casino affiliate marketing
Casinos usually have great sign up offers to attract new customers. It could be getting some free spins when they sign up or matching the first deposit up to £20. As there are many different casinos available online, the company need to give the potential customer a reason to sign up with them over others. This is the reason behind sign up offers. Affiliate markets can get involved here as casinos also want customers being directed to them via external sources, be it social media, blogs or newsletters. These can be profitable for affiliates as the cash per customer is usually fairly good. There is usually a niche to talk about and get potential customers excited about too.
Besides profiting from affiliate marketing, if you really like gambling you should take advantages of the bonuses they offer. Playing what you love with free and real money its always attractive, that’s why we recommend joining an online gambling platform like 888’s. There you will find all kind of bonuses, it’s very easy and friendly to navigate on the site, it’s a reliable and popular place to find some fantastic online casino games that can only be found there, besides they also have an exceptional revenue share affiliate program.
Casino review websites
Another great idea could be to set up a review site of different casinos. This could be such a simple site with short and snappy reviews. If the marketer was able to get a lot of website traffic and include affiliate links to each of the casinos, it could be a great way of making money. In the image above, you can find some of the best casino affiliates in the market.
Success Stories
There are loads of casino affiliate marketer success stories out there, you can find them with just a quick online search. One that stands out though, is the story of Igor Salindrija. He’s constantly innovating and has won lots of awards for his affiliate sites. After winning the 2010 Best Casino Affiliate award from iGB, he was quoted as saying: “We try to break away from the trends of the industry as there are many marketing techniques that can be used from other industry. I find that they can bring a little freshness in the less-creative gaming industry.”
Affiliate marketing often takes plenty of hard work in the first instance, but after that it can pay out again and again. Imagine still getting paid for something you wrote and put in place 18 months ago, maybe even five years ago. Start making money with affiliate marketing today.