How to Earn Money Online from Affiliate Marketing 2020

How to Earn Money from Affiliate Marketing 2020

Affiliate Marketing is a great profession if you’re looking to market your products or other’s product if you are looking to make some extra cash as a passive income. You can join Many websites as they have their own affiliate programs. I have made some good money with such affiliate programs.

COVID-19 has turned entire industries into a tailspin, with marketers forced to focus on what matters most. So, here in this article, we will discuss why affiliate marketing is one of the most valuable professions right now in 2020 for advertisers and publishers.

We, like everyone else, really had to adjust to our households working and learning from home and the emotional stress we all experienced of the unknown and the threat of this virus.

Affiliate Marketing Industry During COVID Pandemic

At the same time, we have to earn some money for our living, our family needed us more than ever. So if someone can work remotely, with understanding and flexibility only they had run their family at very best. While truly leaning in both our professional and personal lives like never before.

What we have learned during this time? We have been inspired to do some of our best work. Radical times allow for radical innovations.

The last few weeks have seen the affiliate marketing industry shift and adapt in response to the Coronavirus pandemic.

In many ways, our online activity has become more in focus and important than ever before. The recent stats have shown that average CPC has dropped, in some cases by 70-80%, but with more visitors than ever before.

It’s been challenging seeing robust, established programs, many of which have had increased success because they’ve been in hot demand during the pandemic.

Earn Money Online from Affiliate Marketing 2020

Many businesses that previously never offered sales, suddenly were offering site-wide discounts just to encourage shopping and continue to generate revenue for their businesses. The channel really rose to the occasion in providing the right platform and partnerships to do that.

At a time where marketing budgets are being paused, some brands are increasing investment in other areas, including affiliate marketing. What makes affiliate marketing such a viable channel to utilize right now for advertisers and publishers?

The positive attributes of affiliate marketing have never been more appealing — pay-per-performance, transparency, relationships at scale. The brands that have doubled down on their investment in the channel or have entered it for the first time (or the first time in a long time), are able to take advantage of technologies and partnerships that have previously not been as capable of maximizing these value propositions of the channel.

The networks and platforms have upped their game in the last year or two enabling them to really capitalize on this time. We are able to use a brand’s own attribution logic for how they pay out their partners.

As I mentioned before, the most detrimental trend was the pausing of programs or zeroing out commissions for many brands. But the positive side was that other brands were able to increase commissions, and many others entered the space because this is the time to try new things, and make a name for yourself with partners who now have the time and resources to experiment with your brand.

So while it’s been tough to watch some legacy big brands pull back, it’s also been reinvigorating to see the industry shaken up by all the new players who will redefine what the landscape looks like a year from now.

People, more than ever, needed a way to feel comfortable with what they were spending and what they were getting in return, because the pandemic didn’t stop businesses from needing to continue to earn in this channel, it only accelerated it. But it did make all businesses pause and say “how am I going to achieve my goals now that everything’s been turned upside down?” The interest levels in the new and innovative solution is higher than ever before.

We have to test, learn, refine, and test again a number of ways of approaching affiliate programs or companies.

With a big shift to digital as more consumers shop online it is now the time for brands to be more creative and innovative in the way they target audiences.

There’s never a “wrong” time to be more creative and innovative in the approach to targeting audiences, that’s for sure.  This pandemic was really a reset. So much of the buying behavior, what people are interested in and paying attention to, how we communicate and market to the consumer, all of that has changed.

So much is going on in the world, and a different level of sensitivity and understanding in the approach to these online audiences is needed. Everything has been flipped on its head and it may be forever different, we don’t know. Spending habits are different, priorities are different, and we have to meet people where they are. That will take more creativity, thoughtfulness, care, and attention than ever before.

With lockdown beginning to ease and things adjusting to normal, how affiliate marketing will operate going forward?

This continues to be, and will always be, this is a relationship-based industry. It is what sets us apart from so many other forms of marketing. The guiding principle between all partners during this time has been to over-communicate, negotiate, find a way where we can all win. As things adjust to what will be a “new normal” will come out stronger than ever, with more opportunities and advancements than ever before.

But with the reset as I mentioned earlier, I truly believe a renaissance of ideas, strategies, technologies, partners, new players, etc will emerge going forward.

Lastly, as we approach the second half of the year, It has been important for us to re-emerge in a post-COVID world as a tech-focused and future- thinking persons that helps brands to get sales in the future.

There are so many unknowns and brands can’t rely on “business as usual” to see them through. It is our job as an affiliater to come up with the solutions to help businesses excel despite economic changes and are we up for the challenge?

How to earn Money Online – Affiliate Marketing 2020

With the world under the thrall of the Covid-19 pandemic, many of us are self-isolating. Staying indoors is a commendable way to prevent the spread of the disease. However, most of us find ourselves with a lot of free time.

Are we using this time productively?

There are ways to make money online and be productive during self-isolation.

With uncertainty and recession looming over the horizon, now is a good time to learn more about getting more financial resources. The tips shared here can be your side income ways as you go back to work when all this blows over. It could even be your new business and job, should you choose so.

Here is a list of tips and ideas to get you started.

Do you know If you have a skill that is in demand then others would pay you money for that? Lets take some deeper breath and learn the ways to earn money online. Next, we will show you how Affiliate Marketing Works and you too can earn money through Affiliate Marketing for living.


 

1.Earn Money Online As a Freelancer

 

You can get jobs related to programming/coding, consulting, writing, blogging, transcribing, graphic design, photography, and more. The list is practically endless.

Millions of people around the world make a living as freelancers. It is a big industry and there is a lucrative demand for professionals and skilled people.

It is easy to get started but there is a curve here. Don’t expect to get big jobs right away when you start, though it is possible. Accept that it will take some time before you get a regular, substantial income. Many people make more than 1 lakh rupees per month through freelancing.

I have listed some sites here to get you started. But don’t forget to network offline with your own community and group to get more options.

Things you should Know

● Initial investment: Zero

● Suitable for: everyone

● Time needed: It depends only on you

● You can target income after one year: from INR 20,000 to 2 lakh/month

How you can Start?

1. Make a list of skills in which you are good at. Things like coding, content writing, website design, selling digital products can be included. If you have multiple unrelated skills, focus on what you are best.

2. Register on a freelancing marketplace or website. Some of the popular websites are Fiverr, iwriter, Upwork, and freelancer.

3. Take your time to build a strong, professional pitch.

4. Start applying to jobs, but don’t spam the job board.

5. There are a lot of competitions on these sites, so it can take time before you get real success.


 

2. Start a Blog and Earn Money Online

 

Starting your own blog/ website is the best way to show your passion and creativity, and earn money while doing this.

Successful blogs or websites can bring in big money and sponsorships. Even a moderately successful website will give you a good income.

What you choose to write on the blog is entirely up to you. Your blog can be about your music, art, recipes, thoughts, advice… anything!

You can monetize your blog through ad networks like Google Adsense, affiliate marketing, sponsorships, and even reader donations through websites like Patreon.

Things to Keep in mind

● Initial investment: it depends on your hosting services, likely cost you INR 300-600 per month

● Suitable for: everyone

● Time needed: it varies, at least 2-3 hours per day

● You can earn: INR 20,000 to 1 lakh per month after 1 year

How you can Start

1. Choose a domain name that is related to the topic you want to blog about. It’s useful to make a list because many domain names may already be taken.

2. Pick a hosting provider. Popular web hosts include Siteground ( which I personally use for all of my websites ), Hostgator, GoDaddy and so many in the list. Many hosts often offer a domain for free with their services.

3. Choose a blogging platform. The best choice here is WordPress, it is free and has a huge ecosystem. Your host probably already offers it with their hosting plan.

4. Add high-quality content to your website. Also promote it through your friends, social network, etc.

5. Learn (at least the basics of) Search Engine Optimization. SEO is a very powerful tool to drive traffic to your website.

6. After a few months and building some traffic, start monetizing your content.


 

3. Affiliate Marketing 2020

 

Affiliate Marketing is very much like starting your own blog. Your main focus here will be on a good narrow money-making niche of products or services.

I think you already have an experience of how affiliate marketing works, if you have worked in a “Refer a Friend” schemes from websites, apps, or services.

Simply put, you blog about a product (or service) and direct traffic towards it with a special link on your website. You get paid a commission for sales made through your link. Depending on the affiliate service you use, the links can also work with social media, YouTube, etc.

This is a great way to have a passive income. Successful websites can easily earn lakhs of rupees every month through Affiliate Marketing.

Things to Keep in mind

● Starting investment: it depends on which hosting services you use, likely INR 300-600/month

● Suitable for: Everyone

● The time needed daily: at least 3-4 hours/day

● Targeted income after one year: INR 30,000 to 1 lakh per month

How you can Start

1. Setup a website like I described above.

2. Choose a product niche and start writing about it. You can choose a wider niche like electronics, or even a specific narrow niche like best smartphones. But Be sure you have some good knowledge about the niche you choose.

3. Write detailed, high-quality articles about products in your niche. Be sure to include images, videos, and graphics where necessary. You can simply pick products from Amazon.

4. Learn SEO, it is very important for affiliate websites.

5. Once you have 30-40 articles, you can register as an affiliate with Amazon. Once you’re approved, change your links to Amazon affiliate links.

6. After 2-3 months, you’ll see income being generated due to product sales through your website.


 

4. Become a Social Media Influencer

Do you find yourself spending a lot of time on social media websites? If you have the skills in increasing your followers base, you can leverage it and convert this skill as well into earning money.

Using your account and followers on Twitter, Facebook, and Instagram can get you some very profitable sponsorships and attention. And you can also combine it with affiliate marketing by promoting products and companies on your Social media profile.

Instagram especially is very popular with influencers and people are seeing massive returns with it. Be sure you have a large number of followers and an active base that keeps the conversation going.

Things to Know

● Initial investment: nothing

● Suitable for: everyone

● Time needed: at least 2-4 hours/day

● Income expected after one year: INR 40,000 to 2 lakh per month

How to Start

1. Know your niche and audience. May it jewellery, fashion, technology, or music, stick on to it, and talk with authority.

2. Engage with your followers and keep things entertaining.

3. Be regular with updates and interesting content.

4. Instagram is a huge industry where you can promote your Affiliate product links in a clever way and you can generate a lucrative earning source through Affiliate Marketing.

5. Once you have more than 20,000 followers you can start contacting brands for ads or sponsorships. You might even see brands are approaching you with offers.


 

5. Start Your Own e-Commerce Business With Shopify

 

Have an idea of a product that will sell? Well, sell it yourself.

These can be products or items you make.

Or, you can source products from the manufacturer and sell them to the consumer. This is called dropshipping and is immensely profitable.

Whatever route you take, you will need a website to showcase and sell your products. You can use the method mentioned above to make a website and use software like Magento or WooCommerce to manage your inventory.

I suggest using Shopify because they’re an established platform. They’ll take care of the management and technical side of the e-Commerce business, so all you have to focus on is expanding your business. Try out Best Under India which can help you buy the best products.

Things to Keep in mind

● Initial investment: Minimum of INR 3000/month

● Suitable for: anyone

● Time needed: at least 3-4 hours/day

● Income you can target after one year: from1lakh to 5 lakh per month

How you can Start

1. Research and find a successful niche to start

2. Sign up for Shopify

3. Complete the requirements for setting up your business. This includes choosing a theme and design for your website and setting policies and documentation for your e-Commerce business.


 

6. Amazon FBA

Leverage the large following and reach of Amazon to expand your business.

FBA (Fulfilment by Amazon) is the same as setting up your e-Commerce business. The difference is, rather than setting up a new website, you start selling through Amazon.

They take a commission, but you get to enjoy the benefits of the trust consumers have in Amazon. Plus, with their large network, you can sell your products pretty much throughout the world.

Things You should Know

● Initial investment: it Depends on the products you choose to sell

● Suitable for: Everyone

● Time needed: at least 3-4 hours/day

● Income after one year: INR 1lakh to 10 lakh per month

How to Start

4. Research and find a product people will like to buy. It’s best to choose low competition products.

5. Sign up for Amazon FBA.

6. Price your products keeping in mind your costs and commissions, like those for Amazon

7. Write accurate but attractive product descriptions. Don’t forget to do SEO in your e-commerce website.


 

7. Start a YouTube Channel

Do you think you can make the next viral video?

So what are you waiting for? Start a YouTube channel to highlight your talent.

Your goal is to drive views to your channel and videos. Your choice can be anything, music, comedy, education, video games, or even product reviews.

Once you get enough views, you can use your videos for sponsorships, product placement, advertising, affiliate marketing, or any other method of monetization.

I have my own Youtube Channel called Learning Is Life and here I promote my affiliate product’s links in the description box.

There is a scope of recognition and massive profits here.

Things to keep in Mind

● Initial investment: Zero

● Suitable for: Everyone

● Time needed: at least 3-6 hours/day

● Income after one year: INR 20,000 to 5 lakh per month

How you can Start

1. Research on the topic and niche for your videos. It’s useful if you enjoy talking about the niche and have knowledge about it.

2. Register your YouTube Channel

3. Start uploading content! Remember to share it with your friends to spread the word.

4. It might be useful to invest in a mic, lighting, and video editing software.


 

8. Sell Photographs You Took
Have a passion for photography? Earn money from it!

Skillful or even amateur photographers can make serious money by selling images and videos. Even animators and graphic designers can make a good income using this.

It’s not just small clients on Freelancing websites that want this content. Big websites like Getty Images and Shutterstock pay you good money for quality photography.

I think this may be a great way to convert your hobby into your profession that pays you money for your living.

Things you should Know

● Initial investment: Zero

● Suitable for: Those with good experience in photography

● The time needed: make photography as your hobby

● You can earn after one year: INR 30,000 to 100,000/month

How you can Start

1. You should already know about photography and have the right skills and equipment.

2. It is useful to learn a few things about stock photography.

3. Sign up for major websites, like Getty Images and Shutterstock.

4. Complete the submission process and add the tags and images necessary.


 

9. Online Tutoring and Selling Online Courses

Those who are skilled and have a passion for teaching can make and sell online courses. If you’re a teacher, even online tutoring is available to you as an option.

Many websites sell teaching courses and you can register as an instructor for them. There is a threshold here for demonstrable skill and expertise in the area. However, popular courses can earn a lot of money. It is quite possible to sell a tutorial or course to tens of thousands of people.

Economies of scale kick in big time with this model. Of course, you’ll be using an online service and they’ll take a cut, but there is a real possibility of profits here.

Things to keep in mind

● Initial investment: 0

● Suitable for: Experienced professionals with good expertise in the subject

● Time needs: Depends on you, but a minimum of 2-4 hours per day may be needed

● Income you can target after one year: INR 50,000 to 2 lakh per month

How you can Start

1. Focus on the niche and subject of your tutorial.

2. Search to see if the tutorial is already available by someone else.

3. Make a comprehensive outline of the course, subject, modules, etc.

4. Be sure to include figures, videos, or images that explain your subject.

5. Upload the tutorial to websites like teachable and Udemy.

6. Promote your tutorial and spread the word about it.

7. Search in Google for promoting other’s Courses through Affiliate Marketing.

Conclusion:-

So, this was a detailed and vast topic when it comes to earn money online or earn money from Affiliate Marketing. Some of the way you may not be interested in. Choose the one profession in which you can work hour by hour without being tired. And coming to the point about affiliate marketing, if you want, you can do the same in every profession I have said here.

These are few works you can do from home and earn a good income by laptop lifestyle. Follow the advice I have shared here, start working hard and smart and nothing can stop you to earn money online.

 

Share this:-

Leave a Reply