Why Students Should Learn Affiliate Marketing

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Learn About Affiliate Programs

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Self-supporting or not, students like you do need money! Aside from tuition and other miscellaneous schooling expenses, there are other things that you’d need money for: projects and other school requirements, educational trips, books and gadgets that can help make studying a lot easier, etc. You don’t want to bother mom and dad who also have other expenditures to worry about, and you don’t have time to get a part time job. Still, YOU JUST NEED THE MONEY!

Well then, thanks to the Internet, there’s a perfect solution for you: AFFILIATE MARKETING.

What Is Affiliate Marketing?

Well basically, you just sell somebody else’s product’s or service’s online and get commission from the sales. You promote a certain site or product and get paid for every referral you get. As long as you’re using various affiliate marketing tools and earning money for every sale, click, download, registration or any other action, you are doing affiliate marketing.

Affiliate marketing is a practice that involves a publisher or third party referred to as an “affiliate”, who promotes a merchant’s product online and gets paid only for actual conversions. It makes use of various tools depending on the approach or marketing model used: pay per click (PPC), search engine optimization (SEO), content marketing, social media marketing, e-mail marketing, etc.

Now don’t get intimidated with all the terms. Learning this lucrative source of semi-passive income is quite easy, if you follow these steps:

1. Find A Unique Niche

A niche is a segment of the entire market population that you want to focus on. In this context, it’s a group or place where online users share common interests and similar behavior as consumers. Focusing on a niche lets you focus on the ins and outs of affiliate marketing on one particular consumer group, allowing you to maximize your results for less effort—that, compared with marketing in many different niches.

In choosing your niche, it is best to pick one that you are passionate about, interest in, or knowledgeable of. This will make it easier for you to promote to that particular market segment and create a reputation within the community. You’d also want to consider the product demand, competition and profitability of products in the said niche.

2. Do Your Research

Check out consumer behavior in the said niche, especially their “language”. By “language”, it means that you find out the exact words (keywords) that they use when searching for products through a method called keyword research. Google, currently the top search engine on the web, has free tools to help online marketers on this.

3. Set Up Your Website Or Blog

To become a publisher or affiliate, you’d need a website—an online portal that would serve as a store where you sell other people’s products. Choose a good, appropriate and easy-to-remember domain name and set up your website as the base of your affiliate marketing activities. (Check out our article on starting your own blog.)

4. Pick An Appropriate Approach

As mentioned earlier, there are various approaches to affiliate marketing and it’s up to you to pick which one or combinations to use. You may easily scour the Internet for them. Don’t be scared to try out different strategies as it is one of the most effective ways to find out the best method’s for your niche or product’s. Should you go for content marketing, it is better to supplement it with social media marketing to maximize your exposure. Just don’t forget to use the keywords from your research for your articles.

5. Generate Traffic And Monetize Your Site

Of course, you’ll need to have an audience; otherwise, you wouldn’t have people to promote to. You can use various strategies to generate traffic to your site like uploading quality articles that search engines would consider worth the read and online users would want to read and share. You can also participate in forums, SEO, post appropriate videos on YouTube,  social bookmarking and networking, or write news articles, among many other techniques.

The thing about affiliate marketing is that you don’t have to monitor it the whole time, yet it can still generate income. You can optimize your strategies and work on your marketing methods during your free time, so it doesn’t have to get in the way of your studies. It’s like having a source of income in a setup and schedule that best works for you. That is one of the reasons why affiliate marketing is such a good money-making opportunity for students!

What do you think?  Do you use affiliate marketing on your website/blog?  Please leave your comments below.

About Rod Tolentino

Rod is a SEO Link Strategist and Writer by day and a musician by night. You can learn more by following him on Twitter or Google+.

  • Abanoub Bikit

    I have an idea about making website for my city but I’m facing serious problems about making schedule for my work and how i can persist in my efforts
    please give me your suggestions

    • http://onlineincometeacher.com/ Matt Smith

      Hi Abanoub, welcome to OnlineIncomeTeacher!

      Finding enough time to run a website when you have a full time job can be difficult, but it’s not impossible. You just have to try to get started when you can. You can’t expect to build a complete site over night, so start small and work on it when you can. 2-3 hours a week can be plenty of time to get you started. If you already have an idea of what you want to do, that’s the hard bit over. Just get started when you have the time and work on building it up over the next few months.

      Hope that helped Abanoub. Let me know if there is anything else I can help you with.

      • Abanoub Bikit

        thank you very much smith
        you give me more inspiration when you said that

        • http://onlineincometeacher.com/ Matt Smith

          My pleasure Abanoub!

          Just remember that building a site takes time. Don’t give up if you don’t start seeing results straight away. Many people do this and give up, just before their hard work was going to start paying off.

  • http://www.seoallrounder.com/ Seo AllRounder

    great post , thanks matt

    • http://onlineincometeacher.com/ Matt Smith

      No problem Saad, glad you liked it! :)

  • http://healthyhomosapien.blogspot.com/ swarnam

    Very useful post

    • http://onlineincometeacher.com/ Matt Smith

      Glad you found it useful swarnam!

  • Emily

    Thank for your sharing ^^

    • http://onlineincometeacher.com/ Matt Smith

      Your welcome Emily :)

  • Zeke A

    A college student that does not want to drain Mom and Dad dry?? ya right !

    • http://onlineincometeacher.com/ Matt Smith

      Ha! Yeah, that does sound crazy these days. Affiliate marketing can be a good way to earn a little extra cash on the side though