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DEEP DIVE ARTICLE HOW TO MAKE MONEY ONLINE TIPS & TRICKS YOUTUBE

How Do Virtual YouTubers Make Money?

When you first come across the world of virtual YouTubers, it can seem a little strange and exotic, and you might be forgiven for thinking that things work a little differently over in VTuber land (that’s not a real place, by the way). In particular, you may find yourself wondering how do virtual YouTubers make money?

The truth is virtual YouTubers operate in much the same way that regular YouTubers do. Granted, the process of making the content is different, but everything that happens outside of the creation process is more or less the same. We’re going to go over the ways virtual YouTubers make money—bearing in mind that these are also the ways regular YouTubers make money—but there is more to explore here, because while VTubers make their money through many of the same methods, there is a noticeable shift of focus when compared to a typical flesh and bone YouTuber.

But let’s kick things off with those money-making methods.

How Do Virtual YouTubers Make Money?

Virtual YouTubers just like standard YouTubers and influencers make money through the YouTube Partner Program, affiliate marketing, merchandise sales, crowd funding sites like Patreon and brand deals. The only difference between Virtual YouTubers (VTubers) and human influencers is their chosen public persona, avatar or face.

Before we get into the nitty-gritty of VTuber monetisation, we’ll give you a brief overview of the most common methods available to a typical YouTuber. For a more in-depth breakdown, check this post out.

What is YouTube RPM?

The YouTube Partner Programme

The OG, as it were. This method of monetising YouTube content has been around in some form or another since the earliest days of YouTube monetisation. For eligible YouTubers, you simply opt your channel into monetisation, and YouTube will begin displaying ads beside, over, and during your videos. The revenue generated from these ads is then shared with the YouTuber.

In terms of the amount of money you make, the YouTube Partner Programme is hardly at the top of most YouTuber’s list. You generally have to have a lot of views to make any real money, and even then it is an incredibly unreliable method due to the volatility of the advertising market and YouTube’s own constant tinkering with their terms and algorithms. It is also incredibly inconsistent between YouTubers. Due to the nature of online advertising—which is essentially auction-based—one YouTuber could make many times more than another YouTuber, even if the other YouTuber has the same or more views.

Memberships

For YouTubers with loyal audiences who are either invested in the content that is being produced or invested in the YouTuber themselves, memberships offer a great way to cut out the volatility of the advertising space that we mentioned above.

Unlike advertising, memberships involve your members supporting you directly in exchange for perks that aren’t available to regular viewers. This method is more consistent than advertising. Granted, members will drift away from time to time, but if your content is consistently compelling, new members will replace them, and you are unlikely to see a sudden drop in your earnings—well unless you do something to alienate your members.

This also cuts out many of the issues that have been typified by the “Adpocalypses” that YouTube has brought down upon us. As your members are choosing to support you directly, there is no question of whether the content is suitable, so you don’t need to worry about your revenue taking a sudden nosedive because advertisers have suddenly decided they don’t want their brand associated with your kind of content.

Super Chat

Super Chat is a method that streamers can use to monetise their live streams. Essentially, the live audience can donate a little sum of money (or a large sum, it’s up to them) to get their message pinned to the top of chat for a period. In most cases, the message will also pop up in the video, but that is entirely down to the YouTuber.

Like Memberships, Super Chat has the advantage of not being beholden to changing YouTube monetisation policies and the shifting whims of advertisers. The only real downside is that there is no way for a YouTuber who doesn’t stream to take advantage of it.

Brand Deals, Sponsored Content, and Endorsements

For YouTubers who command enough of an influence in a given area, the prospect of brands coming to you directly (or through an agency) may be on the table. This is where a brand pays you to promote them on your videos, cutting out YouTube in the process.

Though each deal is unique, brand deals are typically more lucrative than the equivalent revenue you would get from YouTube. And, in many cases, you can still monetise your sponsored content through the YouTube Partner Programme, essentially letting you double dip.

Unlike advertising revenue, brand deals are not necessarily predicated on the size of your audience. Of course, the bigger your audience, the more likely you are to get offered this kind of arrangement, but the ultimate value of your content is determined by the conversions generated for the brands that sponsor you. If your videos typically generate a higher-than-average level of interest from your viewers, brands will be willing to pay your more to get their products or services promoted by you, even if you have a relatively small audience.

Affiliate Sales

For YouTubers whose content revolves around products and services—such as YouTubers who review things—affiliate sales are a way to earn revenue from your recommendations.

By signing up for the relevant affiliate programs and linking to the products or services you are discussing in your videos, you earn a commission for every viewer who buys a product or signs up to a service through your links.

You also provide your viewers with a quick and easy way to get to things you are talking about.

Merchandise

For those lucky YouTubers who are able to cultivate an audience that is invested in them, merchandise is another monetisation option.

You could do this through a third-party merch retailer or through YouTube’s own merch shelf. Of course, the success of this is determined by your audience’s willingness to buy your merch.

There is a world of difference between dropping a couple of dollars in Super Chat and buying a twenty dollar shirt from your merch store.

Patreon and Similar Services

In essence, this option is the same as YouTube Memberships, though YouTube has certain restrictions in place—such as requiring your to have at least 30,000 subscribers—before you can make use of that option. Third-party alternatives such as Patreon do not have such restrictions, meaning you can offer your subscribers a way to support you directly much sooner than you would be able to through YouTube itself.

Like Memberships, the basic principle is that your Patreons want to support you directly, but you would generally offer them some incentives, such as exclusive content.

What are VTubers?

What’s Different for Virtual YouTubers?

The most significant difference between a regular YouTuber and virtual YouTuber is, of course, their appearance (in the videos, of course). People don’t typically want to buy merchandise with a human face on it; we tend to prefer designs and artwork. For virtual YouTubers, their digital avatar is the artwork. With the majority of virtual YouTubers being Japanese anime characters, they have artwork ready to go by just taking a screenshot of their digital avatar.

The next area of difference is how YouTube perceives them. YouTube has been cracking down on videos intended for consumption by children. This is due to stricter regulations on what data can be collected on underage viewers, which in turn leads to advertisers being less willing to show their ads on children’s YouTube videos because they can’t be as accurate with their targeting.

This can present a problem for virtual YouTubers because most of them are cartoon characters, and even though their content may not be intended for children, YouTube doesn’t have the best track record when it comes to separating out videos that should be demonetised from videos that look a bit like videos that should be demonetised.

The final main difference we’re going to highlight is the fact that many of the top virtual YouTubers are run by agencies like Hololive, essentially creating a team of popular mascots to generate revenue. This doesn’t necessarily affect new entries into the virtual YouTube space—the barrier to entry for creating virtual avatars and content is relatively low—but it is an interesting aspect of this space that is worth noting.

Virtual YouTube Expansion?

For the moment, the majority of virtual YouTube is sitting comfortably around its place of origin; Japan. Most of the YouTubers in this space are creating Japanese-language content and seemingly have little interest in expanding beyond that sphere.

That being said, the few virtual YouTubers that have ventured into the world of English-speaking content are doing very well, and there is a strong interest in Japanese anime culture in the west.

These things would suggest that there is a potential explosion of interest in this scene on the horizon, as more people see the potential of English-language virtual YouTube content.

What are VTubers? 2

The Creation of Virtual YouTubers

There are several programmes and mobile apps out there that can be used to create digital avatars for use in virtual YouTube content. And, if the above prediction of a boom in interest holds true, it would be reasonable to expect the number of applications available to grow, also.

These pieces of software range from applications for making a digital avatar to applications for animating those digital avatars, with a few options straddling this line and offering both functions in one package. The most useful part of these applications, however, is the ability to animate the digital avatars using things like VR controllers, or webcam-based motion-tracking. Without these techniques, it would be expensive indeed to create the videos, as animating by hand is a lengthy process that requires a lot of skill.

Any financial benefit there is to running a virtual YouTube channel would quickly be erased if the YouTuber were forced to animate their avatar by hand. With motion-tracking technology, the YouTuber can mostly just film themselves as though they were making a regular video, while the software takes care of translating the YouTuber’s movements to the digital avatar.

Should You Become a Virtual YouTuber?

All this talk of a potential explosion of interest may have you wondering if virtual YouTubing is something you could try yourself.

The good news is that there is a very low barrier to entry technologically speaking—you can purchase software that will enable you to animate a digital avatar with a nothing more than a webcam for as little as $15, or even free in some cases. There is also no real restriction on what kind of content you can make. The existing popular virtual YouTubers cover quite a broad spectrum of video types, showing that it is more of a fandom-driven thing than a content-driven thing.

In other words, viewers are coming for the virtual YouTuber more than they are coming for the specific content in the video.

To that end, you should ensure you have something to hang your channel’s hat on. This could be informative or interesting content, or it could be an entertaining personality—ideally, it would be both. As long as you have something to draw viewers interest, you will be fine. Of course, this part at least is true for regular YouTubers, as well.

There are plenty of reasons why you might be interested in taking on a virtual persona rather than getting in front of a camera yourself—camera shyness, privacy, a need to express yourself in different ways—but ultimately that part of the equation isn’t important; you could just do it because you think it’s cool.

Final Thoughts

For the most part, virtual YouTubers make their money the same way as non-virtual YouTubers. The primary differences in that respect are where the focus lays, with virtual YouTubers making more of their money from different areas to regular YouTube. More merch and less Patreon. More Super Chat and less YouTube Partner Programme.

It should be noted, however, that while the top twenty or thirty virtual YouTubers generate a very hefty amount of revenue from their content, there is a very steep drop off after those top channels. There were around 30,000 virtual YouTubers at the start of 2020, and most of them weren’t making much—if any—money at all.

Top 5 Tools To Get You Started on YouTube

Very quickly before you go here are 5 amazing tools I have used every day to grow my YouTube channel from 0 to 30K subscribers in the last 12 months that I could not live without.

1. VidIQ helps boost my views and get found in search

I almost exclusively switched to VidIQ from a rival in 2020.

Within 12 months I tripled the size of my channel and very quickly learnt the power of thumbnails, click through rate and proper search optimization. Best of all, they are FREE!

2. Adobe Creative Suite helps me craft amazing looking thumbnails and eye-catching videos

I have been making youtube videos on and off since 2013.

When I first started I threw things together in Window Movie Maker, cringed at how it looked but thought “that’s the best I can do so it’ll have to do”.

Big mistake!

I soon realized the move time you put into your editing and the more engaging your thumbnails are the more views you will get and the more people will trust you enough to subscribe.

That is why I took the plunge and invested in my editing and design process with Adobe Creative Suite. They offer a WIDE range of tools to help make amazing videos, simple to use tools for overlays, graphics, one click tools to fix your audio and the very powerful Photoshop graphics program to make eye-catching thumbnails.

Best of all you can get a free trial for 30 days on their website, a discount if you are a student and if you are a regular human being it starts from as little as £9 per month if you want to commit to a plan.

3. Rev.com helps people read my videos

You can’t always listen to a video.

Maybe you’re on a bus, a train or sat in a living room with a 5 year old singing baby shark on loop… for HOURS. Or, you are trying to make as little noise as possible while your new born is FINALLY sleeping.

This is where Rev can help you or your audience consume your content on the go, in silence or in a language not native to the video.

Rev.com can help you translate your videos, transcribe your videos, add subtitles and even convert those subtitles into other languages – all from just $1.50 per minute.

A GREAT way to find an audience and keep them hooked no matter where they are watching your content.

4. PlaceIT can help you STAND OUT on YouTube

I SUCK at making anything flashy or arty.

I have every intention in the world to make something that looks cool but im about as artistic as a dropped ice-cream cone on the web windy day.

That is why I could not live on YouTube without someone like PlaceIT. They offer custom YouTube Banners, Avatars, YouTube Video Intros and YouTube End Screen Templates that are easy to edit with simple click, upload wizard to help you make amazing professional graphics in minutes.

Best of all, some of their templates are FREE! or you can pay a small fee if you want to go for their slightly more premium designs (pst – I always used the free ones).

5. StoryBlocks helps me add amazing video b-roll cutaways

I mainly make tutorials and talking head videos.

And in this modern world this can be a little boring if you don’t see something funky every once in a while.

I try with overlays, jump cuts and being funny but my secret weapon is b-roll overlay content.

I can talk about skydiving, food, money, kids, cats – ANYTHING I WANT – with a quick search on the StoryBlocks website I can find a great looking clip to overlay on my videos, keeping them entertained and watching for longer.

They have a wide library of videos, graphics, images and even a video maker tool and it wont break the bank with plans starting from as little as £8.25 ($9) per month.

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BUSINESS TIPS DEEP DIVE ARTICLE HOW TO MAKE MONEY ONLINE

Affiliate Marketing for Beginners: Guide to Make Money Online

Revenue from affiliate marketing programs appears to be growing at the rate of 10% with no signs of slowing down. The industry’s worth $12 billion and has opportunities for one and all with over 81% of brands relying on some kind of affiliate marketing program. That is why I am pulled together this affiliate marketing for beginners guide.

If you haven’t already jumped the bandwagon then consider knowing what is affiliate marketing and how to get started with affiliate marketing.

We’ll answer all your questions in this affiliate marketing for beginners guide and help you earn money online.

Let’s get started:

Affiliate Marketing for Beginners: Guide to Make Money Online

What is Affiliate Marketing?

Let’s refer to the affiliate marketing definition. 

It can be defined as the process of getting paid a commission helping other companies sell their products or services. In simple words, you will make money (commission) whenever you succeed in selling an item including digital goods.

Unlike traditional selling or marketing, affiliate marketing is totally digital. You advertise online and all your buyers are on the internet. 

Affiliate Marketing for Beginners: Guide to Make Money Online, affiliate income tubebuddy

How Much Do Affiliate Marketers Earn?

Affiliate marketing is a rewarding field and almost everyone makes money here. You must, however, be patient if you want to make a decent amount of money working as an affiliate marketer.

If you search the web, you will find affiliate marketers who make about $100,000 per month by selling affiliate products online. However, not everyone’s lucky and some people only make about $100 per month.

The truth is that it is a competitive industry. You must invest time if you want to enjoy the benefits. It can make you a millionaire but this will not happen overnight.

In fact, many affiliate marketers lose money when they start. You will make errors in the beginning and you may have to spend money to get started. It can take a while to breakeven. We’ll talk more about it later in this article.

It takes most affiliate marketers 9 to 12 months to breakeven and make a profit.

Working with a professional and having access to the right kind of help can make this process easier. You’ll know what not to do to make money.

The average affiliate marketer makes about $1,000 per month. It can, however, be very difficult to correctly predict how much you will make as an affiliate as it depends on several factors including your experience, niche, and marketing budget.

Affiliate Marketing for Beginners: Guide to Make Money Online 1

How Does Affiliate Marketing Work?

Affiliate marketing involves buying and selling but you will not have to purchase a product to take part in affiliate marketing. 

The structure is built on real relationships and transparency and not one-off transactions. Here are a few elements to know about if you want to know how affiliate marketing works:

The Product: This term is self explanatory, the product is what you’re going to sell. It can be a physical item or a digital good. 

Each product comes at a price that may be fixed or variable. 

The Merchant: The term refers to the vendor, brand, seller or creator. In simple words, the merchant is the party that creates or manufactures the product that you sell. The merchant can be a big brand like Adobe or a small firm that produces local soaps. 

The merchant can also be a single seller like Trajan King who offers online courses. 

The Publisher: Also called the affiliate, the publisher can be an individual or person (you) who sells a product. Publishers use a variety of techniques to make a sale.

We’ll talk more about the techniques publishers can use to sell a product later in this article. 

Affiliate Network: Since manufacturers do not always directly sell a product, you may need to turn to an affiliate network like ClickBank. They work as an intermediary between merchants and publishers.

These networks work with several brands giving you access to a number of products and services under one roof. It is very important to choose the right affiliate network.

The Consumer: The consumer is your target audience, the person who will purchase the product. Remember that you will only make a profit when there’s a successful sale. The job of every publisher is to find as many buyers as they can. The more sales you have, the more money you’ll make.

The Commission: This is the amount of money you will make whenever there’s a successful sale. The commission depends on products and networks or merchants. It can be as low as 1.5% or as high as 40%. 

If a product sells for $40 and the commission is 10%, your profile will be $4. However, the network may charge a small fee for its services.

So how does affiliate marketing work? You will have to find an affiliate network or brand that is looking for affiliates. Once approved, you will get a custom link that you will have to market.

Each time a consumer opens a website using your link and makes a purchase, you will earn a specific commission. This commission, however, can take a while to reflect in your account as orders can take weeks to get confirmed. Plus, brands also have to take care of the ‘return’ window.

How To Work Home for Beginners 6

How to Get Started with Affiliate Marketing?

Now that you already know how affiliate marketing works, it is the time to become an affiliate.

Here’s a step by step guide on how to get started with affiliate marketing:

  • Choose a Niche

The first step is to choose a niche. If you already have a website or virtual presence then it is best to stick to a niche that is relevant to your audience. For example, if you have a social media page about health and fitness with 500,000 followers then it is best to choose health and fitness related products to market.

If you want to create a new website then you will have to choose a niche that’s profitable and easy to manage. However, remember that it is not only about choosing a niche, you will also have to select suitable products in your niche.

Consider the ‘beauty and fashion’ niche, it is a popular option with several products including beauty products for men, makeup products for women, etc.

We have covered the five best niches for affiliate marketing later in this article with some great tips on how to choose an appropriate product. Keep reading for more.

  • Find an Appropriate Affiliate Program

Once you have selected a niche, it is time to decide how you wish to approach it. You can directly work with the manufacturer or choose an affiliate program. Each option has its own perks and cons.

Working directly with the seller may offer you more money since you will not have to pay network fees and other charges.

Moreover, networks may also have stringent requirements such as a specific number of followers before you can sign up. But, there are various advantages of working with a network.

First of all, you will have access to a large number of products under one roof. Top affiliate networks have thousands of products for partners to select. This makes management easier as you will not have to have multiple accounts in order to market multiple products.

Plus, affiliate networks are also known for ease. They offer insights and analytical tools that make marketing easier.

Lastly, affiliate networks offer more security. If you search the web, you will find a number of brands offering affiliate programs. While some of them are reliable, some are only out there to rob you.

Working with a reputable network reduces the risk of scams as networks typically only include brands or companies that are safe and reliable.

Affiliate Marketing for Beginners: Guide to Make Money Online, create an online presence, alan spicer youtube

  • Create a Site or Utilize Your Online Presence

Since affiliate marketing involves selling online, you will need a solid virtual presence to make money on the internet. 

The first step should be to create a website, or in my case a YouTube channel, that can help people find what you’re selling. It should be in the same niche as the product you’re trying to sell. You can opt to have an e-commerce store but that may not be the most effective option as it can be hard to rank online stores.

We suggest that you start a website dedicated to the product and post content such as blogs and reviews. Since about 97% of people read reviews before buying a product, posting such content can be very effective in finding buyers.

In addition to a website, consider creating social media pages as well. You have a variety of options including Facebook, Pinterest, LinkedIn, Twitter, and Instagram. Since it can be difficult to be active on all social media platforms, we suggest that you stick to one that houses your audience.

LinkedIn, for example, can be a great pick if you offer producers for executives such as hiring services. Similarly, Instagram can be a great option if you sell fashion and beauty products since it’s popular among makeup artists.

  • Market What You’re Trying to Sell

Merely having a social media account or website is not enough, you will have to market what you’re trying to sell. You can have the best product in the world but no one’s going to buy it if they’re not aware of it.

Affiliate marketers use a variety of techniques to market products. Some use paid options while some stick to free ways to market affiliate products.

The company you’ve joined hands with may have a manual on how to market its products. Affiliate networks are also known to offer marketing materials including banners that can be placed on your website.

In most cases, you will be given a code or special link to include in your marketing content so that the website can track your users. Using generic links or product names will not give you any results as the system will not be able to link a sale to your account.

Some affiliate networks and companies are very stringent about the marketing techniques used. Make sure to go through the terms and conditions so that you do not get into any trouble.

It is important that you know about the product you are trying to market or sell. Buyers may have a lot of questions regarding your product including its benefits and use. 

Not being able to answer their questions can cause them to look elsewhere, hence get educated and make sure to get your hands on what you’re trying to sell so that you’re fully aware of what it’s capable of.

affiliate marketing, build your audience, youtube subscriber growth

  • Build Your Audience

Now that your site is up and running, it is time to build your audience. Remember that marketing is a continuous process. If you stop putting efforts into selling and gaining more views, someone else will dethrone you.

Competition is tough. Never take things lightly and continue to put your best foot forward so that you can sell more.

Your website must be user-friendly. Remember to make it easy for people to give you money. Connect with your audiences and work on building relationships. Relationship marketing can be helpful in finding success as an affiliate marketer.

  • Earn and Withdraw Money

Now that you’ve started to sell, you will begin to earn money. It can take new affiliate marketers months before they have enough money to withdraw. Also, some networks will keep your money for security purposes before releasing it to you.

Since affiliate marketing involves real money, you might be required to submit identity documents such as your driver’s license before you can withdraw money. Hence, make sure to use true and real information for signing up for an account. Using fake information can get your account blocked.

content is king

How Can I Become a Successful Affiliate Marketer?

Everyone wants to be an affiliate marketer and make money but not everyone finds success in this field. Here are a few things you must keep in mind to become a successful affiliate marketer:

  • Choose the Right Product

This is the most important step because you will never be able to find success if you do not choose the right product. 

The term ‘right’ is ambiguous as what works for someone else may not be right for you. Here are a few things to consider when selecting a product:

  • The Demand

Technically speaking, there’s a demand for almost every product out there but some have more buyers than others. It is best to stick to a product that’s heavily in demand so that you do not have to work very hard to find buyers.

You can look at tools such as Google Trends to know more about what’s in demand and what isn’t. Also, remember that some products are not in demand throughout the air. 

Air conditioners, for example, usually sell well during the hotter months. If you choose a product that only sells a few months of a year, you might not be able to make a decent amount of money throughout the year. 

  • The Price

Since you will only get a small percentage of the selling price, it is very important to pay attention to this factor.

Expensive products typically offer more money but they may not be the best option since it can be hard to sell expensive products.

Think about shoes, a pair that costs $1,000 and pays 2% commission will earn you $20 per sale. Since the price tag is very high, you might not be able to sell more than 12 units per month, which means you will earn a commission of only $240 per month.

On the other hand, if you choose to sell a pair that costs $100 and pays a 2% commission, you might be able to sell 150 pairs in a month due to high demand.

At the end of the day, your commission will be $300. As evident from this example, commission for each unit is higher for expensive products but the overall profit is usually more for more affordable products.

Always choose a product according to your buyers. If you think they can afford expensive shoes then you can stick to $1,000 shoes. Otherwise, work with brands that are more reasonable. 

  • The Competition

Affiliate marketing networks carried out over 170 million transactions in 2017. This does not only show how big affiliate marketing is but it also highlights how stiff competition can be. Everyone’s fighting for a share of the pie. 

Cutthroat competition can make it difficult for new marketers to make a mark in the field. If you’re still finding a foothold then try to find a niche or product that is not very competitive. 

  • The Commission 

As mentioned earlier, the commission is variable and can be between 2% to 40%. Big names like Amazon offer low commissions but a huge number of products. It’s also easier to sell Amazon products since the company offers international delivery and buyers also trust the brand.

Do not run after high commissions. A lot of companies that offer very high commissions are either scams or unreliable. It can be hard to convince buyers to purchase a product that has been manufactured by a company that nobody knows of. Hence, be responsible.

Affiliate Marketing for Beginners: Guide to Make Money Online 3

  • Select the Right Platform

Do not blindly select a platform. The first decision is between the official site or affiliate networks. If you are going for the latter then select options that are reliable.

Not all affiliate networks accept users from all around the world. Also, some may charge a joining fee or commission on every sale. A very important factor to remember when selecting a platform is the cookie period.

Most buyers will not make a purchase right away. They’ll go to multiple sites and compare products for a few days before they finalize a purchase. Affiliate networks take this period into consideration and offer a ‘cookie period’ that is usually between 20 to 60 days.

If a user reaches a product via an affiliate link through your site and makes a purchase within the specified period, it will be considered a sale and get credited to your account. The higher this period the better it is.

  • Make Sure to Market Properly

Do not make the mistake of neglecting this factor. You can use a variety of techniques to market products. Here are some of the most popular choices:

  • SEO, since about 51% of traffic is organic. But, get ready to spend a lot of time on SEO as it can take websites a long time to rank well.
  • Email marketing, after all, it still offers an ROI of up to 4,300%. You will, however, need a solid email list to make use of this method.
  • Social media because it influences about 74% of shoppers. Plus, buyers tend to trust reviews found on third-party sites.
  • YouTube as it is now the second largest search engine and a lot of people love to watch videos about how to use a product before they purchase it.
  • Website because it can help users find you. Post a variety of content on your site including blogs, infographics, podcasts, etc. Make sure to include a search function on your site and have a mobile friendly website since about 5.16 billion users now have mobile phones and most of them use mobile devices to access the web.

You can use all these marketing methods and compare what works for you. Once you find the option that offers the highest return, stick to it.

google analytics for blogs

Do I Need Money to Become an Affiliate Marketer?

Technically speaking, you do not need money to become an affiliate marketer. However, it can be very difficult to be a successful affiliate marketer without spending a penny.

Here are a few expenses you may have to incur:

  • Get a Website –  starts as low as $150 per year

A website is not a must to become an affiliate marketing but it can increase your chances of finding success. Plus, some affiliate networks have it as a prerequisite.

You can get a free website but a .com or paid domain looks better. It will cost you about $10 per month. Avoid cheap or free hosting servers. They have limitations and they’re also insecure. Spend about $100 on hosting per month.

The next step is building a website. You can use WordPress and other such platforms to create a free site. If you want a kickass website then you’ll have to hire developers. This can cost you between $100 to $1,000.

Come up with a unique name and get a logo. You can create free logos online or hire a designer to get the job done for you. It can cost between $5 and $100.

  • Create Content for Your Site –  starts as low as $200 per month

You must post regular content on your site. It can be in the form of blogs, videos, or podcasts or a mix of all these.

You will not have much to worry about if you can create your own content. The articles must be informative, long, and SEO friendly. Consider including graphics as well since posts that contain images tend to get more likes, shares, and engagement.

Post at least twice a month to ensure your visitors have something to come back to. Plus, you can make money blogging if you play it right.

In addition to your website, you will also have to take care of your social media pages. You must post at least once a day so that engagement can be maintained. 

You can use your mobile phone to click photos or make videos. Some marketers also opt to invest in professional cameras to get high quality content for their pages.

You can handle this all on your own but it can take about 10 to 20 hours per week since managing a website and social media is a full-time job. If you’re too busy you can consider hiring a manager or content creator to take care of the job. They’ll charge anywhere between $8 to $20 per hour.

  • Hire an SEO firm –  starts as low as $500 per month

You will have to hire an SEO agency to rank well on search engines. This is important because about 71% of users do not go beyond the first page when they look for a product or service online.

SEO is technical and includes a lot of elements such as backlinks, inner links, keywords, etc. Companies charge between $500 and $5,000 per month for SEO services. 

Look for a provider with experience in the business so you can increase your rate of conversion and sell more.

  • Advertise Your Content – starts as low as $5 per month

Affiliate marketers have the option to advertise on Google, Facebook, and other such platforms. It’s a quick way to reach buyers but such campaigns need to be designed with care because you will not get good returns if you do not target the right audience.

You can hire professionals to manage your accounts. They usually charge a percentage of the total advertising budget. Find an option that offers the best returns.

Affiliate Marketing for Beginners: Guide to Make Money Online 4

Which Is The Best Affiliate Marketing Niche?

Since there are a lot of niches out there, it can be very difficult to pick the right one. To help you become an affiliate marketer, we have highlighted five of the best niches:

  • Health and Fitness

You can sell supplements, gym equipment, gym memberships, and fitness eBooks. Commissions are in the range of 20 to 40 percent.

  • Wealth and Money

This is a very popular niche. You can work with trading companies, finance gurus, and investment firms. The commission can be up to 50% but competition is very stiff in this niche. 

  • Fashion and Beauty

The industry is worth $2 trillion and has a lot of potential but commission is low – between 3 and 10 percent.

  • Gaming and Software

With a CAGR of 12%, this is one of the fastest growing fields. It offers very high commissions – up to 30% – and gives a chance to sell a variety of software in multiple niches.

  • Hobbies and Survival

This one includes all kinds of hobbies such as fishing, golfing, flying, and painting. Commissions vary based on products but the option is very lucrative due to the huge number of options out there.

These are some of the best affiliate marketing niches. Make sure to pick one that fits you the best.

Affiliate Marketing for Beginners: FAQ

Here are some of the most commonly asked questions about affiliate marketing:

Affiliate Marketing for Beginners: Guide to Make Money Online 5

#1 Can an affiliate work with several companies?

Yes, you can, there are no limits on the number of affiliate networks a person works with.

#2 How many followers do I need to become an affiliate?

This depends on the network or website you’re signing up for. Most require at least 5,000 followers but some can be more demanding. 

#3 Shall I tell people if I am an affiliate? 

Yes, the Federal Trade Commission requires affiliates to disclose if they get compensated for promoting a product or service. Not doing so can get you into trouble. 

#4 How much money will I make as an affiliate marketer?

You can make between $100 to $10,000 per month depending on your audience, product, and other such factors.

#5 Which is the best affiliate network?

Some of the best affiliate networks include ClickBank, ShareASale, CJ Affiliate, Amazon Associates, and Rakuten Marketing. Compare all these options and pick what fits you the best.

#6 Can I sell outside of the internet?

You can market the product outside of the internet but all purchases must be made online.

#7 When will I get paid?

You will get paid when you reach the minimum threshold that can be as low as $50 or as high as $500 depending on the platform you’re working with.

#9 Can affiliate marketing be a substitute for a full time job?

While there are people making a lot of money as an affiliate marketer, the truth is that it may not be a safe substitute for a full-time job because the amount of money you’ll make per month is never guaranteed.

Ready to work as an affiliate marketer? Check our blog section for tips and get in touch with us to find out more about how we can help you.

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How To Use Affiliate Links and Sales To Make Money on YouTube

Affiliate Passive Income is a great way to fund your YouTube channel, make money online and help you invest in your future all with just a a few little links in your video descriptions. Make a Passive Income by linking to related products and services in your video description and blogs.

Build A Passive Income Online – It doesn’t just have to be YouTube. When sharing your content to blogs, forums, other social media platforms – you can still add affiliate links that help your viewer.

How To Use Affiliate Links to Make An Online Passive Income – How To Make Money on YouTube

1 – Affiliate Link Passive Income – Link directly to the company, product or service. These are normally the higher paying links but are for a set company, service or product. For example promoting website hosting, editing software, real estate or even electrical. These links are part of the direct companies affiliate schemes and will pay a higher CPM or %age compared to Passive Income generated via sales based affiliate links on Amazon

2 – Make Money online with Affiliate Sales Links – These are the easiest to get, the most commonly seen but sometimes the lowest paying links. These are things like Amazon Affiliate link programs. It allows you to link to almost unlimited products and you will even get credited for sales of that product AND other products via a “cookie” that tracks all refereed sales within a set period (usually 2-7 days). Amazon pay on average 2-7% depending on the classification of the product eg Electronics, Fashion, Gaming etc. These are a great way to build up lots of little sames into an affiliate link farm.

3 – Earn Money Online in 2019 with Passive Income Product Reviews – Buy a product, review a product, link to the product on Amazon – rinse, repeat. If you pick a niche and flood your audience with relevant product reviews these can act as mini adverts for that product and slowly over time with enough views you will build a traffic funnel pushing sales of all those products. This will always work with sponsored videos and free gift or products from companies.