At it's best, affiliate marketing could be a good way to earn passive income, especially for content creators and website owners. However, like any other "earn online" system, there are several things to consider when deciding whether you'll invest time and effort on it. Here are some frequently asked questions about affiliate marketing and how it's really like to be an affiliate marketer in the Philippines:
1. Can you really earn with Affiliate Marketing?
The short answer is YES. But keep in mind that you're earnings will depend on the number of conversions that will be generated by your post or channel. If you're totally clueless or unfamiliar with how it works, you can check out my article on List of Legit Affiliate Marketing in the Philippines to see all the basic information about affiliate marketing, plus some programs you can join for free.
2. How do I get paid?
Each affiliate marketing company has its own payment method. Others could require you to setup a payment account in their platform, but most companies will just ask you to link an existing bank account where they could transfer your earnings.
3. How do I promote affiliate products?
Basically, all you have to do is include affiliate links to your posts or website. In terms of strategy, there's no hard rule on how you should do it, it's totally up to you. One basic tip is that it's always better if your content has something to do with the product/s you are promoting. For more tips and strategies, you may check out my recent article about Affiliate Marketing Best Practices and see which ones could work for you.
4. Is it really profitable?
Realistically speaking, you should look at affiliate marketing as an additional income stream and not as a primary source of income. Though there are some affiliate marketers who earn massive amount of commissions per month, most affiliate marketers enjoy earnings that are just enough to cover some expenses. I'd say there's no assurance that you will get super rich with affiliate marketing, but at least you're sure that you will have another source of income.
5. Do I have to pay a fee to become an affiliate marketer?
NO. It's free to join any affiliate program. However, each company will have eligibility requirements, so make sure to read the qualifications before you join any program. So if you are being required to pay a fee to become an affiliate, that's definitely a scam.
6. How do I start with affiliate marketing
First of all, you need to have a website, blog, or social media channel (with sizeable following) to be eligible for any affiliate program. You also need to have a personal bank account where your earnings can be transferred. Once you have these, you can start searching for affiliate programs that you can join.
To be honest, though you cannot really expect to become as rich as some vloggers with affiliate marketing, you never know when your promoted product or content becomes viral or trending. It's also important to remember that the potential of becoming a master in the said field is always there, so it's always possible for you to earn big with affiliate marketing. At the end of the day, the only way to find out is by trying.
