There are dozens of affiliate marketing programs available which you can sign up with. Therefore, you need to choose the correct niche for you. If you known to trend on Instagram because of fashion, then you should choose a fashion affiliate program. However, if your Instagram followers follow you because of fitness, then you should to go for the fitness affiliate program. In a nutshell, always choose a program which your audience will relate well with.
To find out if there’s internet and social traffic surrounding your niche, try doing some search engine keyword research and search for related topics on social media. If keywords related to your topic have large search volumes, and if you find related Pinterest boards, Facebook pages and Instagram streams with lots of followers, you have an audience.
Paid advertising is NOT something I recommend for those who are just getting started. With that said, it’s good to have a basic understanding of what is known as PPC or Pay-Per-Click website traffic. In short, you can use services like Google Adwords or Facebook Ads to drive traffic to your site. You pay per website visitor, but you can make a lot of money doing this. Say it costs you $1 to send a visitor to your site, but each visitor on average earns you $2 in affiliate commissions. You, my friend, have a money machine on your hands.
Don’t set-it and forget-it — Affiliate marketing is a great way to create a relatively passive income stream, but you can’t launch it, see a little success, then expect it to grow on its own. You need to work regularly — at least weekly — to create fresh content, market via social and email channels, and keep your promotions current, on-trend, and seasonally appropriate.
If your domain is your address, hosting is like the actual house within which your site will live. It's your own little slice of the internet — the place where all your website files live. Hosting is very affordable these days, so don't unnecessarily scrimp on costs. Go with a reputable, reliable provider because your affiliate marketing business depends on it.
Very useful info, and thanks for the heads-up about Etsy not allowing affiliate links on Pinterest! Have you ever tried advertising on Pinterest, i.e. paying Pinterest to promote your pins? I was wondering if that could be lucrative with affiliate marketing, where the margins are always lower than when you have your own product to sell. I’m also wondering if it would be lucrative to advertise on Google, Facebook and Youtube (found this guy who supposedly made a lot of money that way – https://moneytestimonials.com/crestani-free-webinar/ ). I’ll probably do my own experiments with this but if you have experience in this area I’d be very interested to hear about it!