馃攳
WHAT is Affiliate Marketing and HOW Does it Work? For Beginners! - YouTube
Channel: ODi Productions
[0]
- In this video I'm going to explain
[2]
what affiliate marketing is.
[3]
And how does it really work?
[6]
Stay tuned.
[8]
Hey, what is up guys.
[9]
ODi Productions here.
[11]
If you're new to this channel let me just
[13]
give you guys a quick background about me.
[15]
My name is Odi go by ODi
Productions on YouTube.
[18]
I have about 33,000 subscribers right now.
[21]
And a little over ten million views.
[23]
So I am a full-time entrepreneur
and affiliate marketer.
[27]
And two years ago I
actually dropped out of
[30]
the most applied to school on the planet
[32]
and my dream school, UCLA
[34]
with a 3.5 GPA my senior year in order to
[37]
pursue entrepreneurship
and online business.
[40]
Thankfully I found affiliate marketing
[42]
which has given me the
lifestyle of my dreams
[45]
today just two years later.
[47]
I live in my dream apartment
here in downtown Chicago.
[51]
You guys want to peep the view.
[52]
Peep the view for a second right here.
[54]
Do a little pan, nice and easy.
[58]
And every single day I get to drive
[60]
my dream car which is a
custom Porsche 911 Turbo.
[65]
Which I'm gonna put some
clips or something right here.
[68]
But anyways let's get on with the video.
[71]
I want to teach you guys
what affiliate marketing is.
[74]
So I'm going to show you guys the
[75]
basics and fundamentals.
[76]
Just explain how it works and I'm going to
[78]
hop into my computer actually.
[80]
And show you guys some real examples and
[83]
show you step by step how people are
[85]
using affiliate marketing these days
[86]
to make money online.
[88]
And trust me when I say this,
[89]
everyone does affiliate marketing.
[91]
Literally everyone.
[92]
All the famous YouTubers,
all the tech reviewers,
[95]
people on Instagram, all
those fitness people.
[98]
Big companies like Uber, Lyft.
[101]
Blogs like Smart Passive Income.
[103]
And even small food
blogs, "small" food blogs
[109]
do affiliate marketing.
[110]
So, let's just hop into
the computer so I can
[112]
give you guys an actual click by click,
[114]
step-by-step on how affiliate marketing
[117]
works and what it is.
[118]
Alright let's get into it.
[121]
Alright so we have
transported inside of my
[123]
computer using a little
technology called Magic.
[127]
And now I'm going to show you guys
[129]
step-by-step some real world examples
[132]
of how affiliate marketing works and
[134]
how it is used in the real world.
[136]
But just to get things started,
[138]
a basic description at its core of
[141]
affiliate is that it is
just referrals, okay.
[144]
So affiliate marketing
it's kind of a fancy term
[147]
for just referrals.
[148]
It's basically referring
people to products and
[151]
services of companies
that are not your own
[154]
and then receiving commission if those
[157]
people sign up or take
action upon your referral.
[160]
Usually through a link.
[162]
So just to give you guys
a quick, quick example.
[164]
So this is my video.
[166]
It's a review of a very popular headphone
[169]
called the Audio-Technica ATH-M50x,
[171]
which I actually have right here.
[174]
It looks a little different from the video
[175]
because I put some skins on them.
[177]
But basically you guys
can see 300,000 views.
[180]
And if you scroll down to the description,
[182]
the first thing you see
here is an Amazon link.
[184]
And you guys as long as
you weren't born yesterday,
[188]
if you watch any sort of
tech review on YouTube,
[192]
you're gonna see Amazon
links or some sort of
[195]
funny looking links in description,
[197]
And nine times out of ten
those are affiliate links.
[200]
And what is an affiliate link?
[202]
Basically, Amazon Associates
if I just go right here,
[208]
it is Amazon's affiliate program.
[213]
Let's just log out of that real quick.
[215]
So Amazon Associates is
Amazon's affiliate program.
[218]
And as you guys can see,
[219]
earn up to 10% advertising fees with a
[222]
trusted e-commerce leader.
[224]
So if you join Amazon Associates
[226]
which you guys can do today.
[228]
It's completely free but you might need to
[230]
have a website in order to get approved.
[232]
Some people are able to without it.
[234]
But I would have a website just in case.
[237]
Alright guys so if you log in
[239]
and then you just look up products for
[243]
Amazon Associates that you can promote.
[245]
As you can see here we have the M50x.
[247]
And all you have to do is click here,
[250]
and then get link which basically is your
[253]
personalized tracking link that
[255]
you can include in your videos,
[257]
on your website, on your landing page.
[259]
And then this link is
personalized to your account.
[263]
Now what that means is it has a
[264]
tracking code through cookies.
[266]
Where if somebody clicks that link
[269]
it's gonna be tracked back to you.
[271]
And for Amazon Associates at least,
[274]
if somebody buys anything from Amazon,
[276]
not just the product
which is the headphones.
[279]
If they buy anything within 24 hours,
[282]
you receive a percentage
of the commission.
[285]
Now, the commission ranges.
[288]
It definitely ranges based
on the product category.
[291]
It can range from 4 up to 10%.
[294]
So if I just look up
Amazon Associates rates
[300]
then we can actually see each specific
[303]
product category and how much they pay.
[306]
So let's just look down.
[310]
If we scroll down here you guys can see
[312]
there are a fixed rate for each
[316]
product on that you sell.
[318]
So if you sell something from
let's say in the PC category.
[324]
So this could be computers, laptops,
[328]
DVDs, Blu-ray, et cetera.
[330]
You get 2.5% of that sale.
[333]
So if you sell a laptop for $1,000,
[337]
you will receive 25 bucks basically.
[343]
So basically 2.5% right there.
[347]
So that's how it works at its core.
[349]
Amazon Associates is the largest
[350]
in terms of affiliate programs because it
[352]
just has the widest range of products.
[355]
But there are many sort
of affiliate networks
[358]
that have more exclusive offers with
[363]
the companies and with the products that
[364]
may yield you a higher
percentage of commission.
[368]
So this is just a quick example right here
[370]
of how people do it on YouTube.
[372]
I'm gonna move on to the
next example which is blogs.
[376]
And my favorite affiliate marketing blog
[378]
is smartpassiveincome.com.
[381]
It's created by a guy named
Pat Flynn who is awesome.
[384]
He has an awesome podcast that
you guys should check out.
[387]
But basically Pat's been crushing it with
[389]
affiliate marketing for as long as
[391]
I've been in the game basically.
[394]
And if you look at this,
[395]
this is his income reports.
[397]
And as you can see two mill
during the last 12 months.
[400]
It's insane.
[401]
These numbers are crazy.
[403]
Six figures a month.
[405]
Six figures a month when a lot of people
[407]
are trying to strive
for six figures a year,
[409]
this guy's making six
figures every single month.
[412]
And it's just insane.
[414]
But basically if you scroll down.
[416]
If I just choose the latest income report.
[419]
So we'll do August 2017.
[421]
I just scroll down and I'll show you guys
[424]
that he actually is transparent enough
[427]
to share his affiliate marketing earnings
[431]
broken down by company.
[432]
So as you guys can just scroll
down here you see Amazon.
[435]
He made about 600 bucks, not too bad.
[438]
But if you scroll down to some of these
[439]
other companies like Bluehost,
[441]
you see $19,470 from a single source
[446]
of affiliate marketing.
[447]
So from posting links guys.
[449]
Again, it's that simple, it's that easy.
[451]
It's completely passive income.
[454]
Which is one of the reasons why I believe
[455]
it is the best online business that anyone
[459]
can take up today.
[461]
So just to give you guys
a little more detail
[463]
into how this works.
[465]
Bluehost right here, they
are a web hosting company
[468]
and it's obvious they
have an affiliate program.
[470]
Because he's earning
close to 20 grand from it.
[473]
Now if we go to Bluehost's website.
[475]
You guys can see right here bluehost.com.
[477]
It's web hosting.
[478]
For anyone who wants to create a website
[480]
you can sign up for Bluehost right here.
[483]
With WordPress or whatever.
[485]
But if you scroll down to the very bottom.
[487]
And now this works for most companies that
[489]
have affiliate programs.
[491]
You will see affiliates
at the bottom footer.
[495]
Now if you click that it will take you
[498]
right into their affiliate program.
[500]
And you guys can actually
see over five million
[503]
paid in commissions last year alone.
[505]
So as you guys can see this isn't
[507]
some sort of scam or anything.
[509]
Definitely do not confuse
affiliate marketing
[511]
with network marketing,
[513]
which is multi-level marketing,
[515]
which is pyramid schemes.
[518]
Affiliate marketing is not
a pyramid scheme at all.
[520]
It is legit sales and commissions.
[523]
So basically you're a
salesman for real companies.
[527]
You're not selling energy drinks and
[529]
driving around base three series.
[532]
This this is a real business right here.
[534]
This right here I mean
look at this right now.
[538]
Bluehost is a legit company.
[540]
They also have affiliate programs for
[542]
companies like HostGator, GoDaddy.
[544]
You've heard of these companies.
[545]
You've seen them on TV,
you've seen them on ads.
[548]
These are real companies
that were talking about.
[550]
So anyways getting back into
Bluehost's affiliate program.
[554]
If you scroll down, as you guys can see,
[556]
free to join as with
most affiliate programs.
[560]
You guys can see how it works.
[562]
Basically you have
custom banners and links
[564]
just like Amazon Associates for every
[567]
visitor who clicks your link and signs up
[569]
within I believe a 30 day period.
[572]
Now Amazon's is only 24 hours.
[575]
But for most affiliate
programs it's usually
[577]
around a 30 day tracking cookie.
[581]
It's between 14 days to 30 days.
[584]
60 days, sometimes 90 days.
[586]
But 30 is the industry
average for tracking links.
[589]
And Bluehost, they will give you $65 a pop
[594]
for everyone who signs up through
[595]
your Bluehost link.
[597]
Completely free to join
just like Amazon Associates.
[599]
Again, this is affiliate marketing.
[602]
It's very simple, it's very basic.
[603]
But I figured I'd just
peel back the kimono
[605]
and show you guys how people are really
[607]
making money online behind the scenes.
[610]
Now I'll give you one more example.
[612]
This is Instagram.
[613]
One of my favorite YouTubers slash
[616]
people that I follow on
Instagram is Maxx Chewning.
[618]
Been following him
since the first few days
[622]
back when he started doing the
[625]
Full Day of Eating videos.
[626]
Those were my favorite.
[629]
Basically here is an ad.
[631]
This is for MVMT watches.
[634]
And this is a little different
[636]
because the thing is
with affiliate marketing
[639]
is you usually have links right.
[641]
But another way that you can do this,
[643]
now some people call this sponsorship,
[645]
it's all the same thing to me.
[647]
Basically is providing coupon codes.
[650]
So as you guys can see, Maxx
has his own coupon codes.
[653]
It's personalized, says, "MAXX15".
[655]
You get $15 off your order at MVMT.
[659]
And basically what is happening here is
[663]
if you use Maxx's link,
[665]
yes you get $15 off but he also gets
[667]
attribution for your sale,
[670]
and therefore he gets a
kickback or commission.
[672]
Now I don't know how much
he makes off the sale.
[674]
I'm not a MVMT affiliate,
[676]
I cannot speak on that.
[678]
But it's probably somewhere
around 10, 15 bucks per sale.
[682]
Which is a very nice
extra source of income
[686]
considering how passive it is.
[688]
He just has to post one photo like this
[691]
or make one video and he can continue
[694]
to earn money off every
single sale from that video.
[698]
And as you guys can see,
[699]
the power of the internet,
[700]
the power of scale.
[701]
This has over 10,000 likes.
[704]
And you can bet that
of those 10,000 likes,
[706]
the chances of a few people buying a watch
[710]
using his code are pretty high.
[712]
Let's be honest.
[713]
It's just math at the end of the day.
[715]
Marketing is a numbers game.
[717]
And if you're getting 10,000 likes,
[719]
you're getting 10,000 views,
[720]
you're getting 10,000 clicks.
[722]
Chances are someone's buying something
[724]
and you're gonna be making commission.
[726]
So basically those are
all my big examples.
[730]
It's very simple.
[731]
I hope I can show you
guys behind the scenes of
[734]
how affiliate marketing actually
works in the real world.
[738]
And how people are using it to generate
[740]
large sources of side
income that is different.
[744]
And it's more effective than
just doing Google AdSense.
[747]
Which is just showing ads.
[750]
Just for an example,
YouTube only pays two bucks
[753]
for every thousand views in my experience.
[756]
Now this this changes depending on
[758]
your niche or your industry.
[759]
But just to put things in perspective.
[763]
If Maxx sells one of
these and he makes $15,
[766]
just think about the amount of views
[768]
he would have to get to
make that same amount
[770]
of money from one sale
of selling one watch.
[774]
So really less is more.
[777]
You don't have to sell as much.
[778]
You don't have to get as many views.
[780]
But if you get sales
you get more commission
[783]
than getting thousands
upon thousands of views.
[786]
But obviously if you have both then
[787]
it's a win-win for everybody.
[790]
Multiple streams of income
always the way to go.
[792]
Alright guys so that wraps up this video.
[795]
I hope you guys found
value in this free lesson.
[798]
And if you guys like the video please
[801]
thumbs up the video and
leave a comment below
[803]
letting me know because
I really appreciate it.
[806]
And it will allow me to continue to
[807]
make more videos and free
lessons just like this.
[811]
If you have any questions
about affiliate marketing,
[813]
feel free to leave a comment below or
[814]
contact me via Instagram by
dming me at odi_productions.
[820]
So leave a comment, Instagram,
[822]
either way I'll get back to your question
[824]
as soon as possible.
[825]
Now for anyone who is serious about
[828]
affiliate marketing and you want to use it
[830]
as a vehicle to wealth and living
[832]
a life of passive income and basically
[836]
hopefully one day achieving
your dream life like it gave me.
[840]
Guys definitely check
out my brand new course
[843]
called Affiliate Marketing CHAMP
[845]
at affiliatemarketingchamp.com.
[848]
Where I just released my brand new course
[850]
that's five hours of HD video.
[853]
If you guys enjoyed my teaching style.
[855]
If you guys enjoyed learning from me.
[857]
And if you want me to be your mentor
[858]
and your guide for affiliate marketing,
[861]
then definitely check out this course.
[863]
I share a bunch of really awesome lessons
[867]
such as the best examples of successful
[869]
affiliate marketing in the real world.
[871]
So it's an extension of this video.
[873]
I'm showing pretty much
every single example
[875]
out there of how
affiliate marketing works.
[877]
And also giving you guys a step-by-step
[879]
plan on how to start a successful
[881]
affiliate marketing business.
[883]
So basically I give each step on how
[886]
I've created my affiliate
marketing businesses,
[888]
and you guys can replicate
that exact same process.
[892]
And by doing each one of these steps,
[893]
it increases your chances of success
[896]
by that much more.
[898]
Also I share the most profitable niches
[901]
in affiliate marketing.
[903]
Which is a complete game changer.
[904]
'Cause this could be
the difference between
[906]
making a thousand a
month and 10,000 a month.
[908]
And trust me I learned
that from experience.
[911]
Aside from that, I teach you guys how to
[913]
rank on the first page
of YouTube and Google
[917]
while still being a small channel.
[918]
I've been able to surpass YouTubers who
[921]
have millions of subscribers.
[923]
Millions more than I do
and I've been able to
[927]
surpass them on the Google rankings
[929]
on the first page.
[932]
And also I'm going to show you guys
[934]
how to use paid traffic and show you guys
[936]
a secret paid traffic source that will
[937]
turbocharge your results
for not much investment.
[940]
Along with creating a Facebook ad for
[943]
affiliate marketing.
[944]
And even creating an affiliate marketing
[946]
website from scratch.
[948]
Lastly, I share my top five mistakes of
[951]
affiliate marketing that I wish
[953]
I knew when I got started.
[954]
That would have saved me months,
[955]
if not years of frustration and failure.
[958]
But that's basically the
core of the lessons guys.
[961]
I'm going to be adding more modules,
[963]
more lessons in the future.
[964]
And I'm going to keep
expanding this course
[967]
to be the most comprehensive and the best
[970]
possible course in affiliate marketing
[971]
to get you guys started today.
[973]
So if you guys are interested in that,
[974]
I actually have a $100 off discount
[978]
that is going to be for a limited time.
[981]
If you guys use the
link in the description.
[983]
So the code is gonna be already applied.
[986]
As you guys can see here,
[987]
there is no discount
or anything like that.
[990]
But if you guys apply the code,
[992]
then you guys will see $100 off discount.
[995]
And there's limited spots available.
[996]
So if you guys are
really interested in this
[998]
I suggest you get on it ASAP.
[1001]
But if you have any questions,
[1002]
please feel free to leave a comment below,
[1005]
Instagram DM me,
[1007]
whichever way you can reach me.
[1009]
And I'll be happy to
answer those questions.
[1011]
So anyways on to the next video.
[1013]
I hope you guys enjoyed it.
[1014]
Alright, peace.
Most Recent Videos:
You can go back to the homepage right here: Homepage