5 Tips on How To Make Money on Affiliate Marketing

In this post we will focus on how to make money on affiliate marketing when blogging! I bet not many of you started blogging because you thought it was a great way to make money online! Am I right? As a blogger myself and due to my job I speak to a lot of bloggers on a daily basis and most of the bloggers I know started because they like writing and wanted a creative space to share their ideas.
However, many of these have done such a good job that they are bringing home the dollar bills! Since you guys have already found this article I think many of you are wondering how to make money on blogging yourselves. At least it’s nice to have something that can justify the hours and hours you spend on blogging, right?
There are many ways to monetize a blog, and they all have pros and cons. I myself started back in the days with affiliate marketing and for me it is pretty much a no-brainer. It’s low risk and really easy to figure out.

How To Make Money With Affiliate Marketing on Your Blog

First things first… If you don’t know how affiliate marketing works, it’s actually pretty simple. You sign up at an affiliate platform eg. Woomio, and you market the products you find on the affiliated shops. They provide a special URL (link) to the product you want to mention and you use that code to link to their products. When someone buys a product from the company using your special link, you are paid a commission. Easy Peasy, right?
However, before you dive in head first, here are some things you should keep in mind…

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  1. Think About Your Audience
    The most important thing to monetizing a blog successfully is to know who your core readership is. Know your readers, and know what their problems and dreams are. If you have a fashion blog that focuses on budget buys, high street clothing, and you know you have a lot of teenage readers, it doesn’t makes sense to write about the newest luxury bags from My Theresa just because the commission you get selling one bag is better than the one from a high street webshop.

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  1. It Is Not Your Job To Sell The Product.
    As an affiliate, your job is first and foremost to get people to the affiliate site, then let the site do the selling. So in order to do so, the product you promote should be one that you would use yourself (or have used yourself!). The best companies will provide a variety of coupons to help you – Remember to look at the Woomio newsletter where we update about special deals and coupons.
  1. Be True And Transparent.
    Just like with sponsored posts, you need to tell your readers that the post contains affiliate links. Readers deserve to know if you’re getting paid to promote a product. It’s all about transparancy and it is a great way to build trust and confidence. Most importantly it is also required by law (yes, in Denmark too). The best way to make affiliate links is by promoting a product you have tried with a product review – it is simply more trustworthy.

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  1. Don’t Be Afraid To Experiment.
    There are many ways to promote your affiliate links:
    – Sending out coupon codes or sales announcements to your email list or in a blog post.
    – Text links in blog posts about topics related to the product
    – Writing product reviews
    – Create a ”Wishes” page on your blog that lists all the products you use or want – with affiliate links to them
    – Sharing product information on social media
  1. Get Rid of Things That Don’t Work.
    Keep track of your affiliate marketing initiatives. If you have a banner ad in your sidebar that’s not getting any clicks – it’s time to ditch it. Don’t have anything taking up space on your blog if it’s not helping you succeed! If a product doesn’t convert well, maybe your readers just aren’t interested in it. Don’t be afraid to give up and try something else.

Hope these tricks will help you and good luck making money on affiliate marketing! If you’re not already signed up with Woomio start making money on affiliate marketing today!

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