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How to Start Affiliate Marketing in 2020

In this post, I'm going to teach how to start affiliate marketing step by step for beginners. I'm going to be sharing seven-plus years of experience on the best ways to get started.


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So if you're wondering where are the most profitable affiliate niches or what are the best affiliate products to promote, or even, what the best platform to use to get sales and customers, then this is a video you definitely do not want to miss.

So sit tight, grab your popcorn, and stay tuned. Hey, what is up to everybody, ODI Productions here. And today I have an amazing video teaching you how to get started with affiliate marketing. This is probably the most highly requested video.

And I'm updating this for 2019because there are some things that I have learned along the way, and having seven-plus years of experience with affiliate marketing and been doing this full time for almost three years now back to back to back, I have learned quite a bit during my journey and I wanna share that with you today.

So first things first, if you're brand new to the channel, my name's Odi, I go by ODI Productions, I am an entrepreneur, I am a passive income expert in the field of affiliate marketing, and last but not least, I am an absolute car lover, so if any of those sound good to you, make sure to subscribe, hit the notification bell, and join the notification squad.

Now, in today's video, basically, I'm going to teach you the actual steps step by step to starting affiliate marketing for beginners, and I'm actually gonna be sharing, what are the most profitable niches, what are the best affiliate products to promote, what is the best platform to choose, so there's quite a lot, so make sure you sit tight and you get ready for this.

And if you're smart, not only are you gonna watch this video and take notes and listen intently, but you're also going to take action right after you finish watching this video. If you were to watch this video and not take action afterward, it's basically useless.

So no matter what knowledge I give you, make sure that you are taking action after you watch this video to actually apply that knowledge that you have just learned, alright? So that's a little tip for you guys.

Anyways, if you're brand new to the channel, just a quick background about me, about 31/2 years ago I dropped out of my dream school, UCLA, to pursue an online business.

So I did not have a college degree, and I actually got fired from the only nine to five jobs that I ever had.

 But with that being said, in just three short years, I was able to go from sleeping on the floor in L.A. as a broke college student to living my dream life, getting to experience fun things like going to the NBA Finals last year, getting to drive my dream cars every single day, getting to live and wake up in my dream home and to wake up without an alarm clock and getting to design my days.

And I think the most important thing out of all of this is just having the freedom to be able to do what I wanna do, and today I am making content for you guys to inspire, to motivate, and hopefully educate you guys, and I really hope you guys take action from what you guys learn today.

So with that being said, let'stalk about today's post

So the first thing I wanna talk about is what is affiliate marketing. And I think it's a lot easier for me to show you than to simply just tell you.

So I'm gonna show you guys one of my first affiliate marketing businesses. This was actually my first affiliate marketing website that I grew from zero to a full-time passive income, over $3,000 a month passive income with Amazon Associates during my college years.

So this is RecordingNOW.com, it's a website where reviewed headphones. And if you scroll down and you look at this content, you'll see I have these AmazonAssociates links right here, so Amazon Associates, and you'll also see them on YouTube videos, here' sone of mine, you'll see those same Amazon Associates links in the description.



What is Affiliate Marketing and How can you make money from it?



And Amazon Associates is simply an affiliate program. It's actually one of the oldest affiliate programs, started in 1996.

And basically, it allows you to link anything from Amazon's Marketplaces an affiliate link, and you can post this link on your website, on YouTube, and if people click your link and buy anything from Amazon within 24 hours, you get a commission.

 And the commission depends on the category of the product. You can see it ranges from as little as zero or 1% up to 10% at the max.

Now I'm gonna get into that in a little bit more, and I'm gonna talk about low ticket versus high ticket, but just to explain affiliate marketing, any time you guys see these links, you see these links, and it's from Amazon or it's from another company, basically all the biggest companies in the world have an affiliate program.

 Apple, Amazon, Tesla, Bose, Sephora, the list goes on. You can literally type up on Google a company and then search affiliate afterward to find these affiliate programs. But just to break things down, affiliate marketing is just referrals.

 You're just recommending products and services that you already love and you already use to other people, whether It's people on the internet, whether it's your friends, your family, and you get paid a commission.

Again, the commission ranges from one to 10% for Amazon Associates, butI'm gonna show you guys some products that actually pay 30 to 40% or more.

Okay, so that's pretty exciting. Now that's affiliate marketing. Now, why do I love affiliate marketing? Why have I been doing affiliate marketing for the last seven years? Basically, it comes down to a few key factors.

One, passive income. Affiliate marketing is one ofthe few true passive income business models out there because you're the affiliate. You're not the company, which means you don't have to create your own products and services, which is awesome.

Especially considering myself, I consider myself pretty lazy when it comes to having to create my own products and services, which I've done before, but to be honest, if I had to choose one or the other, I would rather just have an awesome company with an awesome product or service and just promote them instead. So it's basically very hands-off.

 Since you're not the company you're only the affiliate, you only sell for them, you can just focus on marketing and sales.

And that's just one aspect of the business, you don't have to worry about managing customers, customer service, dealing with refunds, exchanges.

There are no headaches, there's no hassle, there's a lot that goes with having your own company. And most people would probably choose to just rather make money and make a full-time living from selling than having to do the whole song and dance of creating a company.

And I know, as running seven-figure company myself, it is definitely a lot headache and stress that most people would probably not want to take on. So with that being said, another aspect of affiliate marketing that I love is having low overhead.



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You can invest as little as you want or as much as you want in order to start this business and grow this business. Now theoretically, you can actually start affiliate marketing for free. And I'm gonna teach you guys how in this video.

Now I don't recommend that you start for $0, because it's basically the slowest way to get results, but if you have at least 100 or $200, you can do a lot of things. You can create a full website for less than $100.

A website, it's gonna be a key asset in turning your affiliate marketing campaign into an actual business. So with that being said, you can invest that into either creating a website or you can invest in software. If you wanna skip the whole website thing and go-to software to create landing pages, sales pages, to get you up and running in no time.

And I'm gonna share that later in this video. So, you can spend as little or as much as you want. Because at the end of the day, since you're the affiliate, there are no product expenses.

So when you sell a product as an affiliate, I don't have to go to amazon and buy the product and then ship it to the customer. Instead, Amazon is the one who has to handle fulfillment.

This means they handle the customer, they handle the sales, they handle the refunds, they handle the shipping and distribution, I don't have to worry about any of that. All I have to worry about is people clicking this link right here and buying stuff off Amazon.

 Again, you get everything that they buy within 24 hours of clicking that link. You don't have to replace the link, you don't have to renew the link and get new links. It's literally the same link that's been here for years. For over two years, the same link, haven't touched it.

 It's still getting clicks and still getting sales. So, with that being said, that is why I love affiliate marketing, it's a win-win-win business model because if you're a company and you have an affiliate program, it's only gonna help you because you don't pay affiliates unless they make sales.

Now that's one of the best forms of marketing that you can do for a company when you don't have to pay unless you get results. It's awesome from a company perspective. As an affiliate, you get to make money without having to deal with the stress of running your own company.

And as a customer, you get hooked up with the best products and services. This is not drop-shipping, these are not generic products from China.

These are actual brand name products that people are already buying, which means that there's already a market out there that you as an affiliate can take advantage of and just basically connect the customers with the right companies and get paid.

So with that being said, let's move on to the actual step-by-step. But before we do that, I just want to announce, I'm launching a free Facebook group called Affiliate MarketingWith ODI Productions, anyone can join, and I'm actually gonna be going live this week, showing how I took an affiliate product from zero to over $1,000a month in monthly recurring revenue in just one week, seven days.

So I suggest you guys do not miss out on joining that Facebook group.

There will be a link in the description below, so make sure you click that, join the group, and join in life, I'm gonna be answering your questions, interacting with you guys.

And I've actually never gone live before, and I've never had a public Facebook group. So there's a first time for everything, make sure you guys check it out.

Let's move on to the actual steps for affiliate marketing. So, the first thing I wanna say before we get into this is that the first three steps, which are choosing a niche, choosing a product, and choosing a platform, are going to be the most important steps out of this whole process.

Now, I'm gonna give you guys an analogy. Basically, if you were to become a professional athlete, and you got to choose what sport you play and the position that you play, the thing is, there are certain positions that get paid more than other positions in other sports.



How Do You Make Money From Affiliate Marketing and Ad Revenue?



 So just to give you guys an example, if you guys wanna get paid, being an NFL quarterback is a great way to get paid. Because the average NFL quarterback gets paid millions of dollars and they get these huge blockbuster contracts.

Now, if you were to choose another sport that is not as popular and not as profitable as let's say football or being in the NBA, let's choose professional lacrosse. And I'm not hating on lacrosse, I actually used to play lacrosse in high school. I'm a big fan of the sport.

But the professional lacrosse player does not even make close to what average professional NBA player or the average NFL quarterback, starting quarterback.

And probably even second string or even third-string quarterbacks at that. So with that being said, the most important thing is choosing the right sport and making sure you choose the right position as well.

Because just by choosing the right position and the right sport, you actually separate yourself and you really put yourself in another pay grade when it comes to being a professional athlete, 'cause there are levels to this.

Again, a professional lacrosse player versus let's say a professional basketball player in the NBA, and let's say you're a starting point guard in the NBA, you're probably going to be making multiple times what professional lacrosse players gonna get paid.

So, with that being said, the first step is actually choosing a niche. So, choosing a niche. What are the most profitable niches? I get this question all the time, I'm gonna actually just answer that for you guys right now.

The most profitable niches in affiliate marketing by far are software and digital products. There you go. Now, there are other profitable niches.

In fact, every niche can be theoretically profitable. You can literally do knitting as your niche and it can be profitable, but the level of profitability is going to vary, and I think that in my experience, the software is the highest-paying affiliate product niche, and the reason why is this.

Software companies, they have lower overhead than a brick-and-mortar or physical products company, why? Because when you create software one time, it can serve multiple, multiple customers.

You create a software one time, it can serve 10, 20, 200, 20,000, two million customers without much cost other than your server costs. But everything is relatively low overhead.

 Versus let's say if you had a T-shirt company, you sell T-shirts, every single time you make a T-shirt, you have to make a new one from scratch.

And you have to pay five,$10 to make the T-shirt, whatever it costs, but you have to pay that every single time you make aT-shirt, it doesn't replicate. Software replicates very, very, very easy, and it does not add much cost when you add one more new customer.

So the software is allowed to basically pay huge amounts of money to affiliates, because they know that, because customers, when they buy software, they subscribe to software, they tend to stay a customer for many months if not years.

And that lifetime cost is actually, or the lifetime customer value, is worth hundreds of dollars, so they can pay affiliates on the flip side hundreds of dollars as well to acquire that customer. So that being said, software and digital products.

Now, what are digital products? There are digital info products that are very popular these days, such as an online course.

 If some of you aspiring entrepreneurs are in an online course, chances are there is an affiliate program. And the affiliate program probably pays around 30% of a product's sales.

 So if you're selling a course that costs $1,000 as an affiliate, you get a sale, you get$300 just like that.

Okay, now I'm gonna give you guys a concrete example of how much it takes to make $300 with something like Amazon Associates versus high-ticket software.

But with that being said, software and digital products tend to pay around 30 to 40% commission.



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