I will give you a very simple example. Let’s say you build up an audience of 50,000 readers and out of that 50k you have about 1% that trust you (1% of people that trust you online is actually very huge), so that equates to 500 readers. Out of that 500 readers you will have about 10% that will buy your eBook and other affiliate products, so 50 people total. So, if you are selling your eBook for $10, you will make $500. Of course it doesn’t stop there, those people that buy the eBook and like it will most likely recommend it, and you will have a snowball effect where more people keep buying your book and other affiliate products. This is just a rough example that shows you some realistic numbers. Do not ever think that if you build up a huge number of readers that they will all trust you and buy the products that you promote; if it was that easy everyone would be a millionaire by now.
If you are thinking of starting an online affiliate marketing venture from the ground up, now is the best time to do this! The affiliate marketing industry is growing by leaps and bounds, and opportunities are springing up everywhere. In 2016, retailers in the United States alone spent well over $4 billion on affiliate marketing costs. It is projected that by 2020, this figure will hit $6.8 billion.
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.
There is a YouTube channel called money guru(I think so or something related to that) they have started new tutorials about affiliate marketing listen to them and make points but do not depend and believe them completely. Try yourself what you just learn on a daily basis. By going through them helps you to understand the affiliate marketing from the basics because they have just started the tutorials.
If you truly take the time to figure out what your audience is searching for, you are bound to create a phenomenal article they will want to read. And if you’ve found an affiliate that will solve all their problems, and explain to them how this affiliate will solve those problems, they will only thank you for the remarkable recommendation you make.