Creating a Lucrative Affiliate Marketing Strategy: Unlock Financial Freedom | Whitney Bonds | Skillshare

Playback Speed


1.0x


  • 0.5x
  • 0.75x
  • 1x (Normal)
  • 1.25x
  • 1.5x
  • 1.75x
  • 2x

Creating a Lucrative Affiliate Marketing Strategy: Unlock Financial Freedom

teacher avatar Whitney Bonds, CEO of Tried and True Mom Jobs

Watch this class and thousands more

Get unlimited access to every class
Taught by industry leaders & working professionals
Topics include illustration, design, photography, and more

Watch this class and thousands more

Get unlimited access to every class
Taught by industry leaders & working professionals
Topics include illustration, design, photography, and more

Lessons in This Class

    • 1.

      Introduction

      1:40

    • 2.

      Affiliate Marketing Essentials

      6:53

    • 3.

      Platforms & Research

      8:34

    • 4.

      Profitable Affiliate Content, Programs & How to Get the Click

      5:40

    • 5.

      Final Thoughts

      0:34

  • --
  • Beginner level
  • Intermediate level
  • Advanced level
  • All levels

Community Generated

The level is determined by a majority opinion of students who have reviewed this class. The teacher's recommendation is shown until at least 5 student responses are collected.

888

Students

2

Projects

About This Class

Tired of the 9-to-5 grind? Earn $10,000+ per month with Affiliate Marketing (the strategy I used to quit my job!)

Have you ever dreamed of being your own boss and setting your own hours? Affiliate marketing can make that dream a reality! In this course, I, Whitney Bonds, a wife, mom, and successful content creator, will share the exact strategy I used to turn my blog into a money-making machine.

Learn how to:

  • Earn over $10,000 per month promoting products you love.
  • Work from anywhere in the world, whenever you want.
  • Be your own boss and create a flexible lifestyle.

This course is perfect for you if:

  • You're tired of the traditional work schedule.
  • You have a passion for helping others.
  • You want to build a sustainable online income.

Don't wait any longer! Unlock your financial freedom!

Meet Your Teacher

Teacher Profile Image

Whitney Bonds

CEO of Tried and True Mom Jobs

Teacher

Hello I'm Whitney,

See full profile

Level: Beginner

Class Ratings

Expectations Met?
    Exceeded!
  • 0%
  • Yes
  • 0%
  • Somewhat
  • 0%
  • Not really
  • 0%

Why Join Skillshare?

Take award-winning Skillshare Original Classes

Each class has short lessons, hands-on projects

Your membership supports Skillshare teachers

Learn From Anywhere

Take classes on the go with the Skillshare app. Stream or download to watch on the plane, the subway, or wherever you learn best.

Transcripts

1. Introduction: I've been making well over $10,000 per month with affiliate marketing for the last six years from a very simple strategy that I learned when I first got started in the online world. And in this class, guess what I'm going to share. The exact same formula that I've been using so you can apply the same principles in your business. Hello, I'm Whitney Bonds, and I'm a wife, mom, and content creator, and the reason I'm doing this class is because I am completely self taught. But I wish I had someone to learn from when I first got started instead of trying to do everything on myself and having all these trial and errors. So I'm always getting asked like, Whitney, how can I get started in filing marketing and do what you do? So that's what exactly what I'm going to be showing you in this class. Now, one important thing to know is to be successful with affiliate marketing, it's important that you have an established online presence and an engaged audience. This is how you're going to be able to see the most success. Now, in this class, we're going to be talking about what affiliate marketing is, how it works, why it exists, how to choose the right platform in Niche, types of content that perform really well when it comes to affiliate marketing, how to get people to click on your affiliate links. You know, this is everything, and popular affiliate programs. By the end of this class, you'll walk away with the simple formula that I use to make money through affiliate marketing. Now, your class project will be to share a product that you can use to make money from through affiliate marketing. Now, before we jump into how to build a successful affiliate marketing model, let's discuss what a filate marketing is and why it exists. 2. Affiliate Marketing Essentials: So what is affiliate marketing and why does it exist? Well, affiliate marketing exists because companies want to make money. Remember that. Businesses create different products and services, and now they need to sell it. But think about this. The Internet is so crowded with so many different products. How can they break through the noise? Well, they can do it through people like you and me, where they will actually pay us a percentage of the sale if we can get people to purchase one of their products or services. So that's why af filate marketing exists, and that's why it works so well for people like you and me because businesses they need us, and we're like their partner. And that's why a lot of times you want to hear about affiliate marketing partners. We are partnering with different businesses so we can help sell their products. It's like you're a salesperson, basically, but you're doing it on your own schedule, and it's completely up to you how much you want to do or how little you want to do. Let me give you an example of how affiliate marketing works. So say, for example, you like the way this video looks, and you're like, Hey, Winnie, what kind of camera do you use? Well, instead of me just telling you it's a canon 90 D, I'm not going to do that. What I'm going to do is, I'm going to go to Amazon, search for a canon 90 D camera, make sure this supplier has good reviews. I'm going to get my unique referral link using this tool called site stripe. I get the link for the camera, and instead of just saying a canon 90 D, I'm going to send you my referral link and say, Hey, this is the camera that I use, and that's it. So if you click on that link and make a purchase within 24 hours, I'm going to get a commission for that. And that is exactly why I love affiliate marketing because it's a complete win, win. I get to help you know what kind of camera I use, and I get to make money in the same process. And to sweeten the deal is, if you use Amazon, say Wever clicks on my affiliate link and says, I need to also get some pots and pans or whatever, because Amazon can sell everything, anything, most. So anyone that adds anything to their card during the time that they clicked on my affiliate link and make a purchase, I get a commission on that also, even if they didn't purchase what I was first recommending. Because I cause that person to go to Amazon and make a purchase. So it's Amazon's way of saying, thank you for bringing people to my website and making a purchase. They want to encourage this behavior because the more money that I make, the more money that they make. So we are partners in this. So they want to encourage me to keep keep bringing people to my website, I want to keep giving you money. So that's how this all works, and that's why it works so well. The only thing when it comes to the Amazon Affiliate program is that they offer one of the lowest commission rates out there. So you might get a lot of people buying from you. The amount that you're earning may not be that much because of the amount commission that they earn, and it's different for different categories that they have, so it really depends on what you're promoting from Amazon. But we're going to get into some other ways that you can make moneyth affiliate marketing shortly, so just stick tuned for that. So to get started with affiliate marketing, you need to choose a niche. Just like a business, you need to know your audience. For example, my audience are people who are looking for ways to make money from home. So what I do is I share valuable content about ways you can make money from home. Anytime there's a product or service that I can promote with an affiliate link I always do that because I want to help people with learning different ways that they can make money from home rough different courses or any tools or products that I use that help me. I share those things and not only things that I use, I find out what other people use, and then I share what works for other people and tell other people how it works, and they still click on my affiliate links because I'm source. You know, I'm the person that's recommending it, so they're listening to me. So they click on my links when I'm ever promoting something that can help them specifically in a certain area. And that's how I get to earn, and that's how I get to learn. Now, it's important to find a niche. My niche falls under the personal finance Niche, which is a category that makes the most money when it comes to affiliate marketing. Now, here are some other profitable niches for affiliate marketing. So personal finance is number one, like I just mentioned, technology, so anything that you can promote like equipment, cameras, software, beauty and fashion, education, and e learning, like online courses, that's really big for me. Home and garden, health and fitness. And all these niches, there are products and services that people need. Your job is to help people and show them how these products or services can help them using your unique referraling. Now, if you want to be successful in affate marketing, this is the one thing you need. You need people to trust you, like I was saying earlier. If they don't trust you, they won't purchase anything based on your recommendation. So you want to make sure that whatever you're promoting, it's something that you have been able to vet to make sure that it's legitimate because they have one bad experience with you, they're never going to trust you again, so you have to make sure that whenever you're promoting, you can actually stand behind and backu with some legitimate reason why that you're promoting this product. You know, you don't just want to promote anything because that's going to be detrimental for you. So I created a Google spreadsheet template to get you started on finding your competitors and affiliate products that you want to promote. So it's linked in the resource section of this class, I want to show you a quick example on how to use it. So this is the spreadsheet right here. It's just called affiliate Marketing Programs, and I put an example in here for you. This is exactly the same type of spreadsheet that I use. So whenever I find an affiliate program that I want to go ahead and apply for, I put in the company, which, for example, Amazon, This is the website that I'm want to go to where I have all my log in information and where once I actually want to track my sales, this is where I go to to see, has anyone clicked my affiliate links? And then I put in my user name. I obviously have this blank here because I don't want to show you what I have. This is where you'll put yours. So you just anytime you find an affiliate program that you can promote, this is where you want to put it, just to use a database to remind you of what you have, and then go to it frequently to say, like, did I get new sales? Because every time you get a sale, not every time that someone will notify you. Different affiliate programs are different. Sometimes I get notified when someone makes a purchase using my referral link. Many times in the different programs they don't, so I have to just often check it to see did it work? Did anybody click on my affiliate link and make a purchase. So this press is going to be really helpful just to kind of see, like all the things that you have. Remember, you really, in anything that you do, it's going to be like 20% of the things that you promote is going to make you the most money. So if you could really focus on just having ten affiliate programs that you can focus on, that's a great number to have, and you don't have to have that right away, but that's something you might want to try and build yourself up to, at least having ten, because that's probably going to be what's going to make you the most money with affiliate marketing. Next up, we're going to discuss how to choose a platform that's right for you and examples of what works. 3. Platforms & Research : This lesson, we're going to talk about how to choose a platform and do some research. Now, in order to choose a platform, first, find someone who is doing what you want to do on whether it's YouTube, Instagram or Facebook. See them often promoting products or services, chances are they are using affiliate marketing. Now, this is a great way to be able to learn from someone else to see what products they promote. So then you can ask yourself, Hey, what I want to promote something like that, if so, added to your spreadsheet, I want to show you a quick example on actually how to find out if a company has an affiliate program or not. Okay, so for example, if I'm trying to see if a company has an affiliate program, the first thing I do is I Google it. So for example, let's just see this random example, but I I put in Shopify affiliate program. And for those who don't know, Shapefi is a website platform where you can sell things like E commerce so you can sell products and create it all on Shapefi and sell it here. So if I want to say, like, I want to be an affiliate of Shopifi, the first thing I would do is go to Google and put in Shapefi Affiliate program to see if they have one. So the first thing I would do is, I'm looking for the first top two search results to see do they have one. Right here it says they do, so I see become a Shapefi affiliate. So I say, Okay, apply now. And then I just go through the process of signing up. I want to show you some examples of what you want to do when you sign up, but you can go ahead and just sign up. And then, like I was talking about earlier, add that to your spreadsheet right here and then put in the site. They're going to give you your unique actual dashboard where you can look at your sales. So this is the link that you want to put here, and then your username as you can log in to see if anyone has clicked on your unique affiliate link and signed up using your link. You're applying for different affilate programs, they're going to ask you for your social security number for tax purposes. Now, if you're anything like me, I do not feel comfortable giving out my social security number to anyone. So what I do is I actually went and applied for an EIN number, and you can do this for free for all those living in the United States. And how you do this, I'm going to show you really quickly on how to do this. Go to the irs.gov. And right on the home page right here, you're going to say apply for an employer ID number. You're going to go ahead and do this. This is from Monday to Friday that you can do this. It's completely free. You're going to apply online now. You're going to sign up as a sole proprietor and getting started, you can use your name for your business. Now, remember this to make money with affiliate marketing, it's all just by helping people. So when you have a product or service you want to promote, you need to show its value. How can it help someone? Why would they even want to buy it? You know, you need to show that. So check out these examples of how I use affiliate marketing and others so you can see how it all works and why. So here's some examples of how I actually use affiliate marketing on YouTube. So you can see how I have these different videos, options training for beginners. This is a tutorial on how to do options for beginners. So I give a basic instruction to interview with someone who actually is talking about options. And basically, what I do is that I'm just showing them a bit, giving them a snippet on how this all works. But to actually move forward with this, they're going to need to take a course to learn more about it. So what I do is is I, show them how cool this is, how it works, give them enough information to say, I want to move forward with this, but I need to learn more. I need to know more. And that's the reason that they want to choose to click on my affiliate link and make a purchase for this course that's going to teach them on how to do that. Another example is I do a lot of these different things like five best entry level remote jobs. So I have different jobs and things that you can learn on how to make money. So people love that kind of stuff because it shows them like different options. And people love they call listical posts. And people love this kind of stuff because they have options. So I want to give them different ways. Some of these are they don't even require having an affiliate program. They're just there anything that I'm recommending. It's just a way you can make money for free. But some of the things that I do promote, it does require you to take a course or something just to learn more. So I'm always just trying to not show that I'm everything that I'm talking about has to be something that they have to pay through. I want to show value and say that this is a great way to make money. You don't even have to spend any money. On this way, this is another great way to make money, but this does require you to have some skills. And here's a course that you can take to learn that skill so you can make money doing this. So you see how I'm doing that? I'm just trying to show value, but also, like, spring lend some different ways that they can have to actually make a purchase so they can go ahead and learn something different for whatever I'm talking about. So I like to just sprinkling a lot of free stuff, but then also some ways in that they may have to make a purchase. So I don't look like I'm always just trying to promote something and making money. And if you do that, they're going to say, like, she's just doing this only because she's trying to make money. And I'm always I believe and I know that everything that I'm promoting is going to help someone. So I'm very confident in what I'm promoting. But also, I don't want having that thought that creating that thought in their mind that I'm just doing this to make money because if they think that, they're not going to listen to me. So it's important to also just do a lot of free content, a lot of free value, and then sprinkle in some ways that they can make money to get the best results. So how to post tutorials, those are the ways that you can make the most money. And if you're going to use Instagram or Facebook, I want to show you this example that went viral for this guy, and just by showing how a product works. Let me show you. Now, this guy, his name is Davey Orgo, and this real he did, I'm showing you guys. It had over 133 million views. Watch this. That's it. Take a seat. That was it. He just showed how cool this chair was. And it says Comment chair for Link. So whoever comments chair, it takes them to an affiliate link that's on Amazon. And if you go to his profile right here, you can see that if you click on this, It's going to say six person on folding chair. You can see he's using his Amazon Affiliate link right here. So anyone that clicks on that link, he's going to earn a commission for if they buy that chair. That's how Pilate marketing works, and that's how easy can be on social media. So you can just show the value of a product. That is how you can make money with affiliate marketing. You know, people saw that and said, Oh, that's so cool. I need that. I'm going to be going to a parade or something like that. I'm going to use that for my family. They see it, they click it, they buy it. He makes money. That's how this stuff works. It's just showing a value of the product. So think about what products that you can show that has value that people will want to buy if you could just show them how it works. You know? That's how this all works. Now, let me show you three ways to find out if someone is actually using an affiliate link just so you can know, like, are these an affiliate link or not? Now, from this example, right here, you can see they're using an affiliate link because just look at the link. I want you to start just looking at these links. So anytime you see anything like bitley, you automatically know that it's probably an affiliate link because they are trying to hide of, they're just trying to track these affiliate links and make them a shorter link. And to do that, a lot of people use this tool called bitley. So this is anytime I see this I'm like, Oh my gosh, that's an affilate link. They're trying to promote something and make money at the same time. It's totally fine. It's just how I recognize it. Same thing with Amazon. Anytime I see a link like this, I know that's an affiliate link. So I'm like, okay, so they're promoting this is an affilate link. Does do I want to promote something like that? So anytime you see anything like that, And you always look at the links. Look at this, go dot jelly fishlighting.com, backslash, partner, Dave Orgo. That's another example of how you know that's an affiliate lin. That's not just a regular link that takes you right to these Jellyfish lights that he must be promoting. So just keep that in mind when you are doing affiliate marketing. This is how you can recognize whether someone is using an affiliate Linker night. And that is how you can ask yourself, Okay, so this person is promoting that, do I want to promote something like that? You want to easily be able to identify if someone is using an affiliate Lynker night, and this is how you do it. Just this simple right here. Look at the URA and see if this is something that If it's not direct to the website of a company, it's an aft link, and they're tracking it to try and somehow make money. So that's just how you want to always think if they're doing that, you want to say, Okay, that's how you know to ask yourself, can you do the same thing? In the next lesson, I want to talk about how to get the click, which is everything. All right, see the next one. 4. Profitable Affiliate Content, Programs & How to Get the Click : In this lesson, we're going to talk about how to get the click. Now, let's jump into your class project together. Okay? So if you were promoting something on YouTube, Instagram or Facebook, how would you get someone to click on your Affiliate link? Now, if they don't click on your link, you won't get credit. So you always have to be thinking, you know, I want to show this product, but how can I get them to actually click on my link? So I want to give you some examples on how I cost to click on my affiliate links. Now I want to go back to this example on Instagram how he was able just to show you on how to actually click on his link. So what this guy did here is that he used a tool called Mini Chat. And that was able to say when he put in the comment section, comment chair, that is how people were able to automatically when they put the word chair, this tool cat miniat automatically sent them his unique referral link. And that is how you can put your business on autopilot, so he doesn't have to actually go ahead and comment. The the tool does all the work for him. And he even gave an example of how this went viral for him. He said that because he did such a short real look at this, it's so quick that people want to say, like, they want to watch it again. They want to see how does this work? And that's really good for the algorithm just to kind of say, like, people are watching it again, so there's a reason for that. They must like it, so they want to show it again to more and more people. Even outlined, why this went so well. But he also used this thing called Mini Chat, and that was how he was able to get people to click on his link because they didn't know how what this chair was called. They didn't know how to find this on Amazon. So they had to use him to get the actual product that he used in this video to actually be able to purchase it. So just keep that in mind. That is how he was able to use this, and that's how you can too. Another thing that I do on YouTube is, for example, over here, in this video, specifically that I did, on how to start a blog and make money, and this is for in 2022. I actually just asked them to use my affiliate link. I showed them in the video this keyword research tool that I was using to actually find out what people were searching for. And I told them that I'm going to put the tool that I used in the comment section below, and I told them what it was. I said KW Finder. Below is my affiliate link. Go ahead and click on that if you can, because that's a way of just kind of saying thank you and I can continue to do free content like this. It's no extra charge to you to use my affil links to go ahead and purchase this. So I gave that example, and I just asked people, could they use my a field links. And they did. I made thousands of dollars from that program. And another way that I actually get this is the tool. This is the way that I think works best is I never say what the product is that I'm promoting. So, for example, even right here, I did a video on this Options trading. So I talked about I had an interview with the guy and he was talking about his program. I never said the name of his program. I just said I'm going to link it in the description below. And that told people that they had to click or go to the description or the comment section to find out what the name of this guy's program was. And they had to click on my link to go to it. So that is a strategy that I use most of the time on my videos, and you can use this on social media and just say, I'm going to link this tool below or link this right here so you can check it out. Like, give them a reason that they have to click because that's the only way that you want to get credit. So always remember that. So knowing what you know now, think about your audience and what could you promote that they might want or need. And let me know what your post will be and how you could get them to click on your link. That's your project, and that's what you want to be able to learn in this whole area is how to actually make money through affiliate links. So think about what product or service that you can promote to your audience, and then see if they have an affiliate program available. My best strategy and what I'd like to do is to look at my competition. What are they promoting? And then I ask myself like I said earlier, do I want to promote a product like that? If the answer is yes, I already know that they have an affiliate program because I can see through their links, if it's an affiliate product or not. Then I go and apply. If I get denied, then I'll find out, I'll ask them, why did you deny me because some affilate programs require you to have a certain amount of followers, traffic, reviews. Every affilate program is different. I'm going to find out why did they deny me, and then I'm going to set that as a goal. So if they want me to have a more engaged audience, more followers, whatever it is, I'm going to find out what it is, so then I can work towards that goal, so I'm going to apply for that affilate program and start promoting. Because this is how I was able to make money, and this is how I was able to do it. I don't let these rejections stop me. I just use that as motivation to say, Okay, this is what I have to do to get accept to this affiliate program. I go ahead, I do what I have to do. I apply for it, and then I start promoting it and start making money. So don't let any rejections or denials like, stop your momentum, just say, Okay, now I know what I need to do. I'm going to do what I got to do, so I'm going to start applying for these different affiliate programs, get accepted and promote them and start making money. So that is your project is to find out what affiliate programs or what products or services that you can promote to your audience, and then think about how can you get them to click on it? You know, I always think about in my mind, like, right. So if I show them, what would make them want to click on it and make a purchase, too? Keep that in your mind. Keep that whoever keep yourself in your mind. That's I always think about what would make me want to purchase or click? And think about that and then ask yourself, how can I do this in a way that will make them click on my link so they can make a purchase, so I get to commission. So it's all about helping people and putting yourself in a position to win as well. 5. Final Thoughts: All right, so I want to thank you for taking this class on how to make money through Affilate marketing. I want to say congratulations on making it until the end, and just knowing the simple way that I make money through affiliate marketing, which is knowing my audience and creating valuable content that they are interested in and then showing them different products and services that can help them. That's how it all works, and it is just really being consistent. That's all you need to do. So share your project in the project gallery below, and I just want to say thanks again for watching. Go and be great.