Affiliate marketing as a monetization stream is perfect for bloggers, because we recommend things on a daily basis. It’s also a largely passive way to make money, which frees up your time to do other cool things, like travel and eat your weight in pie. Long story short: affiliate marketing is one of the best ways to monetize your blog, so you should read on to learn all about it!

5) Favorites tools/equipment blog posts: Your audience wants to know how YOU do something. Let them know by writing a blog post that tells them exactly what you use in your business. For example, one post I have planned is “My Favorite Tools for Livestreaming on Facebook.” I will have links to my lighting equipment, microphone, and camera on Amazon via affiliate links.
A year ago, when I ran an ABestWeb contest for the best definition of affiliate marketing, Chris, who ended up winning the first prize, summarized things both eloquently and beautifully. He defined affiliate marketing as “the art of doing a merchant’s marketing better than they can, and profiting from it.” Many successful affiliates (also known as super affiliates) are truly better experts in what they do that most of the merchants that they promote. Consequently, they can market e-tailers’ products/services in such a way that merchants get incremental business, while they themselves make a good living off the per sale commission they get.

MoreNiche is one of the few affiliate networks that offer free affiliate training and ongoing personal support in this way. Many people who don’t know about our network currently pay out hundreds, if not thousands of pounds on affiliate training courses, seminars and even personal mentors each year. But they only learn the same information we give away for free once you’re working with us!
Aside from the obvious advantages of running your own business, being able to work online from anywhere at any time, and having the freedom to choose just how hard you work, there are a few other perks. Affiliates with a strong social following (also known as influencers) can expect to receive freebies from advertisers looking to boost their brand awareness.
The bottom line is that affiliate marketing is the most enjoyable way to make money that I’ve ever come across. In this free mini-course I will show you step-by-step how to get your own internet business up and running in just one short week. The lessons are broken up over seven days to make getting started easy by simply following each day’s lessons one day at a time.
So if you're affiliated with Walmart, for example, and you want to sell coffee makers, then you make a website about coffee makers. You place your special links on your website to show people where they can purchase your coffee makers. Then when people visit your site and click on your special links, they'll be taken to Walmart's website. And if they then make a purchase, you'll be paid a percentage.
You should also make sure you aren't competing with your own affiliates for eyeballs. Any marketing channels you're using, such as search engines, content sites or e-mail lists, should be off limits to your affiliates. Put marketing restrictions into your affiliate agreement and notify partners immediately. It's your program--you set the rules. Or, if you prefer, you can let your affiliates run the majority of your internet marketing.
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