Want to know the answers to all the common questions people ask about affiliate marketing? Here is your personal affiliate marketing 101 Q+A and the 21 common questions answered on the topic of affiliate marketing. P.S. I am also going to leave a video on how to get started affiliate marketing at the bottom of this blog post.
Affiliate Marketing Meaning? What is Affiliate Marketing?
Affiliate marketing is promoting someone else’s product or service in exchange for an affiliate commission.
With affiliate marketing, you are given an affiliate link that tracks you as the referring affiliate when a sale is made, when someone clicks on your affiliate link and purchases whatever product or service it is that you are promoting.
You can promote physical and digital products through affiliate marketing.
Digital products tend to have a higher affiliate payout typically ranging from 50 to 100% for every successful sale that you refer.
Physical products like promoting various Amazon products as an Amazon associate, for example, tend to have a lower affiliate payout but tend to convert well due to everyone knowing and trusting the big box stores that sell physical products.
Affiliate Marketing Q+A – What is the Affiliate Marketing Industry Worth As A Whole?
The affiliate marketing industry is worth $13 billion annually and growing rapidly according to the latest statistics from The Awin Report 2021 on the Affiliate Marketing Industry | Awin
Is Affiliate Marketing Hard?
Like with anything else the more you practice a certain skill the better you get at that certain skill.
Affiliate marketing is no different in that regard.
Dr’s go to school for years to get their medical licenses so they can practice medicine and treat you the patient.
Affiliate marketing is definitely nowhere near as hard as being a medical DR, but there is a learning curve involved.
Like with anything the more you learn, the more you earn.
Ask that Dr driving around in that brand new BMW, he knows;)
So, start learning affiliate marketing and get better and better at what you do.
Eventually, the money will follow.
Affiliate Marketing Q+A – What Is A Super Affiliate Marketer?
A super affiliate marketer is an affiliate who usually has a large following via Youtube, a popular blog, a large social media following, and a large email list.
Typically a super affiliate marketer generates 6 and even 7 figures annually in yearly revenue strictly from promoting other people’s products and services as an affiliate.
Affiliate Marketing Q+A – How Do I Learn Affiliate Marketing Just Starting Out?
There are 2 options to learn affiliate marketing when you are just starting out as a beginner.
- The free D.I.Y. route
- Buy a course get a mentor the much faster option
Option 1: You can go the free route when it comes to learning affiliate marketing and use Google as your best friend when you have a particular question about anything affiliate marketing related just Google it.
You can also learn affiliate marketing going the free route by joining related FB groups, and watching Youtube videos on affiliate marketing.
When you are learning affiliate marketing going the free route is very time-consuming and could cost you years of your life learning everything yourself making mistakes etc…
It will also cost you a lot of money as well because time equals money.
Trust, me I made that same fatal mistake when I was just starting out as an affiliate marketer and it cost me years of my life and a lot of lost money.
Option 2: You can look into a done-for-you affiliate system that is proven to make money and invest in a quality affiliate marketing training course that will cut years off of your learning curve and have you making money a lot sooner with your affiliate marketing business.
Pay for a super affiliate marketer’s knowledge and be making money a lot quicker or D.I.Y. with the free option and learn as you go.
Be prepared for a lot of lost earnings and a lot of trial and error in the process.
Remember time is money.
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