Step 1. Get into a reputable affiliate network that will pay you weekly starting out.
Maxbounty is a good choice. They are newbie friendly and they have a selection of over 330+ affiliate offers.
Maxbounty also pays weekly which is important for building up your cashflow. Nobody wants their money stuck in a network for 30 days waiting to get paid.
Step 2. Now that you are in a network you need a product to promote.
There are three main money niches I stand by. Health, Wealth, and Self-Help. These are the big 3. They will always be around and 99% of the people in the world would buy a product in any of these niches.
For this example lets say you choose to promote a diet supplement that pays $40 per sale.
Step 3. Build your website around this diet supplement.
If you don't know how to build a website, learn how to edit a template or use wordpress.
Design is important. Keep your website simple and easy to read.
Don't worry about making your website look pretty and DON'T add any distractions on the page.
Your goal is to get people to read what you will write on that website. That's the only goal you have.
Once you have a simple layout, you need to write.
Look up basic website copywriting templates. (They will look like a multi-step process like: Headline, sub-headline, features, benefits, call to action, etc,)
Writing sales copy can be intimidating. Go read a book like Ca$hvertising. It's a great shortcut to learning how to write sales copy quickly. But here's some bad news...
The first version of what you write is going to suck.
That's ok. You need to crawl before you can walk. Progress is what you care about now.
Write your first draft. Edit it and go over it with someone you know and ask for feedback.
Once you make your first revision. Keep it and implement it into your website and move to the next step.
Step 4. Pick an advertising network and stay there.
I recommend bing for everyone starting out. Go talk to live support and request a link to submit a request to receive a $100 ad credit voucher. This will save you some money starting out.
Once you have an advertising account, it's time to learn about your ideal customer.
You need to be a detective and find out more about the diet supplement you are promoting and who buys it.
Is your ideal customer female or male?
Are they young, middle aged, or older?
What are the main reasons they want to lose weight?
How much weight do they want to lose?
What pain points in their life can your diet supplement solve?
Where does your ideal customer hang out?
Who do they idolize?
These are the questions you need to answer in order to find your ideal customer. This information is valuable and it will help you create better sales content for your website and your ads.
Once you know this information move on to step 5.
Step 5. Learn about your competition and don't re-invent the wheel.
Listen, There are smarter and more experienced marketers out there with deeper pockets making money right now in your niche. You can't beat them right now.
So don't try and re-invent the advertising game. Take what they know and apply it to your website and ads.
I recommend services like whatrunswhere and boxofads. These are great tools that allow you to see the ads your competition is running.
Learn from your competitors. They have spent thousands on advertising in your niche. Take every bit of knowledge you can and apply it to your website. They have spent thousands finding out what the market wants. Don't assume you know better than they do.
There is a treasure trove of information at your finger tips. Use it or you won't stand a chance.
Step 6. Track everything!
By this point you are almost ready to go live. You just need to setup tracking software to monitor your results.
Tracking software like adsbridge and mouseflow are invaluable to your success.
Adsbridge or any other keyword tracking software will allow you to see where your sales are coming from and which keywords are costing you the most money so you can eliminate them.
Mouse flow allows you to see your customer interact with your website so you can determine where your content is weakest and adjust accordingly.
If you aren't tracking your progress and striving to improve your results. You will never succeed. This step cannot be skipped and any success you have without them will be dumb luck.
Don't skip this step.
Step 7. Go live.
Turn your ads on and take a day off. You did a lot of work to get here and you will be eager to see the results of your effort, but it's important to stay away and let the data come in without you monitoring it.
You will get discouraged and think something is wrong if you don't make your first sale within an hour and pause the ad. You will be tampering with the data results if you do this. The best advice is to take a day off and let the ads run and go over the data the next day.
Step 8. Analyze and split test.
After you have ran the ad for one full day you can analyze the data and prepare to split test. Don't be discouraged if you haven't gotten a sale. 99% of people never get a sale on their first day. This is also why 99% of people fail, because they give up after the first day.
The next step is very important.
You will need to go over the data in adsbridge and mouseflow. More importantly mouseflow.
Watch every recording.
See how people interact with your website.
Do they immediately leave?
Do they read for a little and then leave?
Do they get through the entire page and then leave?
Monitor these recordings and see if you notice a pattern. It could be that 50% of your traffic immediately hits the back button after being on your website for less than 5 seconds. That could mean your headline is weak or your ad and website have a disconnect and your website isn't what they were expecting.
If your bounce rate is in an acceptable range of 10-30% and people are leaving after spending 1 min on your website. There could be a weak spot in your sales copy. Watch the recordings and notice where people give up and leave. Maybe your sales copy sucks in that area. Improve it.
Go through this process and monitor every movement and adjust your website according to the data you find.
Once you've made this adjustment, turn the ads back on.
Step 9. Split test until success.
You will continue the process above until you get your first sale.
You will lose money at first and that's ok. Remember, Progress is all that matters right now.
Within a week you will get your first sale if you follow these steps.
Once you get your first sale you can begin to narrow down your targeting even more and focus your efforts on what gave you that sale.
After continuing the split testing process everyday for 2 weeks you should have multiple sales coming in everyday. As you continue to split test and eliminate bad keywords and placements, your profit will continue to grow.
By week 3 you will have a healthy profit and if you are lucky it will be $50+ or more a day.
Step 10. Celebrate, but don't get comfortable.
By this time you will have an itch. A burning itch that will make you jump out of bed every morning like a kid waking up on Christmas. You will want to see how much money you've made overnight while your ads ran on auto-pilot.
You will be proud and happy that you're dreams of making money online are becoming a reality. You will feel like a million dollars... But don't get comfortable...
I see this happen over and over. People get excited. Think they've 'made it' and start slacking off.
Don't do this.
Your campaigns can and will stop being profitable if you neglect them.
Once you've broken $50-100 a day. This is when you want to double down your efforts. Don't get comfortable, because there's something most people don't tell you when you reach this point.
Going from $0 to $100 a day is the hard part. Going from $100 to $1000 a day is easy.
All you have to do is scale your operation to other ad networks and watch your income explode. This is how internet millionaires are created.
So don't stop at $100 a day. I know a lot of people have the vision of making $100 a day and quitting their job. No. Get to $100 a day and then go to $1000 a day and then quit your job.
Stay hungry and your efforts will reward you handsomely.
I hope this post has helped you understand the affiliate marketing process. This is simple version of the overall process. There are a lot of details and experience that go into each step that can't be explained here. But this will give you the foundation to build from.
I wish you the best of luck and here's to making 2017 your best year.