Start Affiliate Marketing Without Money

Last Updated on October 28, 2024 – by monetizedeal

Wouldn’t it be wonderful to earn money without investing much in your business?

Due to a lack of funds, many people with great skills and ideas have already missed out on money-making opportunities. No longer, though.

The process of earning a commission for promoting products and services from different online retailers is known as affiliate marketing, and it is one of the fastest-growing ways to make money in 2023.

Due to affiliate marketing’s high return on investment, many people have built a passive income stream, and some have even gone full-time as affiliate marketers. Let’s talk about how to start affiliate marketing without investing any money.

Let’s start now!

Benefits of Affiliate Marketing

1. Minimal Investment:

As our top pick for the day mentioned, you can run an affiliate marketing business without spending a single rupee. The only things you need are a laptop and fast internet.

2. Service-Based Business:

Affiliate Marketing is a service-based business model, meaning you provide specific help to your users and get paid in return. Get rid of the excessive costs of stock, shipping, and sleepless nights.

3. No Minimum Qualification:

As young as elementary school, one can start affiliate marketing. There are almost no limits on who can run this business and who can’t. Due to their tech-savvy and creative approach to business, younger people are actually better prepared to start and run a successful affiliate marketing business.

4. High ROI:

Affiliate marketing can yield a huge return on your time and effort because it has almost no running costs. Every single rupee earned through affiliate marketing can be technically termed as profit.

5. Creative Field:

For people who like to be creative, affiliate marketing is a great field. People need to continue their creative work because the market is competitive. For those who can think outside the box to promote products and make massive income, Affiliate Marketing is a great way.

How Does Affiliate Marketing Work?

Affiliate marketing works on a simple model where everyone wins. The marketing technique primarily involves three parties: the marketer, the retailer, and the customer.

The affiliate marketing return funnel involves a marketer promoting a business’s or online store’s products in exchange for payment.

Bloggers, social media, video streaming, podcasts, forums, and many other types of content are used by marketers to connect with their audience and promote the products of their affiliate partners.

Based on various payment models, marketers make money at various points in the sales funnel. Various online stores pay their affiliate marketers. These are the most well-known:

Pay per Sale (PPS): PPS pays affiliate marketers for each successful sale made through their affiliate link, making it one of the trickiest affiliate payment models but also the most lucrative.

Pay per Click (PPC): Marketers are paid for each user they bring to the retailer’s website via their affiliate link.

Pay per Lead (PPL): Marketers are paid for an action that may lead to a successful sale. Somewhat like the Cost per Action (CPA) model, the PPL payment model follows a similar path. While PPL typically pays for a broad range of actions on the retailer’s website, CPA marketer pays for a very specific action. For the most part, free trials, email signups, customer service calls, and other similar actions are all considered leads.

If you don’t have much or any money to put into your business, affiliate marketing is a great way to make money. The business does not require you to put any money into inventory, workforce management, or capital investments. Your minimal investment could yield a remarkably high return!

Is it Possible to Start Affiliate Marketing with No Money?

Yes, you can make money from Affiliate Marketing without ever having to put a single rupee into your business. Building the skills necessary to be successful in this industry must be the first priority for marketers.

The platform they use may mean that different marketers need different skills. SEO, WordPress, Content Creation, Basic Data Analysis, and Research are some basic skills someone should have. Users can learn all of these skills by following any of the 1,000 courses and tutorials on YouTube.

Once you are sure of your skills, you can use free affiliate marketing tools and techniques like content creation, forum participation, and social media marketing groups to promote your affiliate products.

If you want to start making money with affiliate marketing, there are a lot of free programs you can join. Additionally, affiliate marketers may want to think about reinvesting the money they make in their affiliate business.

How to Start Affiliate Marketing with No Money in India

1. 1. Choose a Niche

To do well in affiliate marketing, choose a specific topic or area you’re passionate about to attract the right audience. Focus on promoting related products on a blog or social media. This way, you can build trust with your followers by being an expert in that niche. Some of the popular niches in affiliate marketing are:

1. Fashion – Women’s Fashion, Men’s Fashion, Accessories, Sustainable Fashion, Luxury Fashion
2. Travel – Adventure travel, Luxury travel, Budget travel, Family travel, Solo travel
3. Technology – Software and app development, Gadgets and consumer electronics, AI and machine learning, Cybersecurity and privacy, Tech industry news and trends
4. Health – Weight loss, Fitness, Mental health, Nutrition
5. Gaming – Esports, Game Reviews and Walkthroughs, Gaming Hardware and Accessories, Gaming News and Updates, Game Development, Retro Gaming, Gaming Lifestyle and Culture, Mobile Gaming
6. Education – Online Learning and E-courses, Test Preparation, Language Learning, STEM Education (Science, Technology, Engineering, Mathematics), DIY and Home Learning
7. Pets – Dog Training and Behavior, Pet Care and Grooming, Pet Food and Nutrition, Pet Product Reviews, Traveling with Pets, Pet Health and Medical Conditions
8. Beauty & Cosmetics – Skincare, Makeup Tutorials and Reviews, Haircare and Hairstyles, Natural and Organic Beauty, Nail Care and Nail Art, Fragrances and Perfumes
9. Food – Healthy and Clean Eating, Vegan and Vegetarian Diets, Desserts and Baking, International and Ethnic Cuisine, Quick and Easy Meals, Weight Loss and Dieting, Food Photography and Styling, Beverages and Cocktails
10. Finance – Personal Finance, Investing and Stocks, Real Estate Investing, Cryptocurrency and Blockchain, Credit Cards and Rewards Programs
11. 2. Join Affiliate Platforms/ Networks

Find an affiliate program that matches the niche you’ve chosen. To find the best program for your chosen market, research various affiliate networks and brands. Find out our top picks for affiliate marketing platforms in the following paragraphs.

Some of the highest-paid affiliate programs in India are:

• Amazon India affiliate program
• Flipkart affiliate program
• Myntra affiliate program

3. Setup your Social Presence

People connect online through social media, and Affiliate Marketing is a completely online business. For successful affiliate marketers, social media is a major source of commission. To build your social media presence, check out these major social media platforms:

1. Facebook

Facebook remains the most popular social network in the world, with more than 3 billion users. However, keep in mind that your target audience is becoming less popular among younger generations, resulting in reduced organic reach.

2. Instagram

Instagram’s affiliate marketing thrives on engaging video content in stories and reels. Many different age groups appreciate Instagram’s visual appeal, but it can be hard to get organic reach on feed posts, so you have to be competitive to capture people’s attention.

3. YouTube

YouTube is a great stage for tutorials, product reviews, and how-to guides that are both professional and creative. Its vast audience of 2.6 billion people makes it exceptional for SEO. Top-notch, high-quality videos are required to stand out in the fierce competition, though.

4. Twitter

Your affiliate offers can be displayed shortly and creatively on Twitter, a widely used platform. Use catchy headlines and product introductions that direct visitors to the product page to grab their attention. Remember that you only have so many characters, so don’t use them for long introductions and descriptions.

This will assist you in developing a devoted audience to whom you can promote your affiliate deals. There are also community-building apps like WhatsApp Communities, Telegram Groups, Discord Communities, and others that affiliate marketers can use to promote their products.

4. Create High-Quality Content

The most important step in your Affiliate Marketing journey is obviously creating high-quality content. A lot of people who make content online create the same old posts and videos.

As you build a niche audience, it is important for you to have a unique voice, a unique tone, and a unique point of view on the things you talk about. This method might work for you in the beginning.

Tips for creating engaging content

• – Focus on solving audience problems.

• – Understand your target audience and tailor content to their preferences.

• – Check out what your competitors are doing and aim to do it better.

• – Utilize multiple platforms to support your primary promotional channel.

• – Be patient; getting noticed takes time.

Capture attention with catchy headlines and titles.

5. Optimize for SEO

Enhancing your content for SEO (Search Engine Optimization) is essential for driving traffic to your affiliate marketing material. Employ the following strategies for effective optimization:

Keyword Utilization: Conduct thorough research to identify and incorporate relevant and lucrative keywords into your content. Utilize tools such as Google AdWords or SEMrush to pinpoint the most fitting keywords.

Optimize Headlines: Craft headlines that are attention-grabbing and accurately represent your content. Utilize action-oriented language to immediately engage readers and prompt further exploration.

Enhance Image Optimization: Integrate high-resolution images that align with your content, and optimize them by assigning descriptive file names and alt tags. This optimization contributes to a better user experience and improved SEO performance.

Incorporate Internal Linking: Employ internal linking to facilitate search engine comprehension of your site’s structure and content interconnections. This practice elevates search rankings and guides traffic towards other pages on your website.

6. Share Affiliate Deals

It’s time to add affiliate links to your content after you’ve signed up for several affiliate platforms. Over time, you can start putting your affiliate links in the captions of your posts and your social media bio.

For special affiliate deals, you can even make separate posts. However, make sure that your efforts are not too obvious.

7. Earn Commission

Since you have joined different affiliate platforms, your work ends when you embed your affiliate links in any post, message, or caption. After that, the affiliate platforms handle commission tracking, confirmation, and payouts for marketers. You will be able to withdraw commissions into your bank account or wallet, depending on which platform you join.

8. Promote Your Content and Expand Your Reach

The next step involves reaching the right audience after making an effort to produce valuable content. Aim for a snowball effect to steadily grow your audience by promoting your content across multiple platforms to maximize its exposure. However, it’s important to stay consistent.

Here are strategies to expedite growth from the start:

Collaborate with Emerging Influencers in Your Niche: Partner with up-and-coming influencers in your field to expand your content’s reach through their established networks.

Leverage Support from Friends and Family: Request friends and family to view and share your content, leveraging their networks to amplify its visibility.

Utilize All Social Media Channels: Share your work across all your social media accounts to broaden its reach and engagement potential.

Engage with Relevant Online Communities: Promote your content within relevant discussion forums like Reddit and Quora to tap into interested and engaged audiences.

Develop a Series of Content on a Singular Topic: Create a series of interconnected content on a specific topic to entice viewers to consume multiple parts, boosting engagement and visibility.

9. Engage with Your Audience

Always respond to your audience’s feedback, especially when you first start. Like active accounts, social media platforms.

Two things happen when you interact with your audience: it makes them like you more and it tells the platform that people want your content. Your visibility is increased as a result, and you draw in a new audience.

In order to create content that your audience will enjoy and avoid unnecessary experiments, responding to feedback also helps you understand what your audience stands for.

10. Scale it up

Focus on scaling up once you’ve found a successful traffic source. Spend more money on proven content and promotion strategies, and less on less successful ones. Bring in support like a writer, video editor, or product support manager to maximize your time and productivity.

5 Best Affiliate Marketing Platforms in India

1. 1. Monetizedeal

Monetizedeal is an Indian affiliate marketing website that has partnerships with more than 150 online retailers. Affiliate marketers can promote any product available on Monetizedeal’s partner websites.

The platform allows users to create tracking links through which the app manages everything from tracking to payment for affiliate marketers. The minimum withdrawable amount is INR 10, making Monetizedeal one of the best platforms for beginner affiliate marketers.

• 2. INRDeals

Another well-known affiliate marketing platform in India is INRDeals, which offers deals from the best retailers in the business. The platform allows affiliate marketers to sign up, search for, and promote their favorite deals within their network.

Within 72 hours of a successful affiliate sale, the commission is tracked automatically into their INRDeals Wallet. The minimum payout is set at 500 euros.

• 3. Cuelinks

CueLinks is a well-known tool for affiliate marketers that lets them make money from content. The platform has useful affiliate marketing tools that make it easy for marketers to include brand deals and discounts in their content. The minimum payout on CueLinks is set at $500, and the platform takes a 25% cut of every transaction.

• 4. Admitad

More than 190 countries can use Admitad, which is one of the oldest affiliate marketing platforms. The platform lets people who create content earn money by sharing affiliate deals. You can utilize the platform’s tools for tracking, analytics, fraud protection, payments, and more. The minimum withdrawable amount for Admitad is set at INR 1000.

•  5. ShareASale

The final recommendation on our list, ShareASale, is a performance marketing platform that allows marketers to create custom affiliate links from various online retailers. To help merchants ensure their affiliate programs are successful, the platform also provides various tracking and reporting tools. The minimum payout is set at $50, and ShareASale pays commissions to its users every month.

Additionally, if you are a student, affiliate marketing may be the simplest source of extra money for you because it allows for greater flexibility and earning potential that is more suitable for a student lifestyle. Looking to get started with affiliate marketing? Check out our guide for students.

Tips to Gain Success Faster in Affiliate Marketing

1. Unique Content

As we suggested earlier, social media is full of content creators who are constantly recycling content without offering anything new to the viewers. The audience is always looking for fresher perspectives and new trends that showcase old topics in a new light. You must stay original and in-trend when creating content, using social media daily for a particular amount of time will keep you updated on the latest trends and topics on the internet.

2. Consistency

Social media platforms generally ‘shadow-ban’ accounts that do not create consistent content. This means your content would not be visible to your existing followers unless they visit your page, let alone new viewers. No creator wants this. So, make sure to follow a strategic calendar regarding what you can post and how you can increase your reach on different social platforms.

3. Engagement

Posting content is not the endgame. As loyal social media users, creators need to constantly engage with their followers as well as strangers on the platform. This can be done by liking, saving, commenting, and sharing other people’s efforts; replying to comments under your posts; organizing regular live sessions; replying to DMs; and more.

4. Trustworthy Products

No person likes to be ripped off. Affiliate marketers must promote only the best products to their audience. Promoting diminished quality products may bring in commissions, but will derogate your reputation and hurt you in the long run. So, only associate your name with the highest quality products in the market.

5. Organic Marketing

Affiliate marketers can increase their social reach and engagement through many different organic tools. This includes using hashtags, uploading stories, posting at the right time, and using the right post dimensions, among many other things.

6. Research & Analysis

Research and analysis are the best ways to complement your organic marketing and content creation efforts. Researching your niche will help you stay updated and create fresh content for your audience. On the flip side, regular analysis will help you understand your audience better, so you can optimize your marketing efforts for the better.

7. Include a CTA

CTA is an acronym for Call-To-Action. This underrated marketing tool helps in creating engagement on your online page. A Call-To-Action generally means asking a viewer or a visitor to like, share, save, or follow your page. When more people interact with your post and your page, it automatically gets recommended to newer people on any social media platform.

In addition to this, we would also like you to check out our latest blog, where we have briefly described how you can start affiliate marketing without websites. Do give it a read.

Conclusion

Affiliate marketing is a good way to earn money, although it’s not too hard either. For you to earn your first affiliate commission, you need to have the right plan, the right tools, the right equipment, and the right steps. There are no more questions; we’ve made sure you know the answers. To start, that’s all that remains. Now, what are you waiting for? Start making money with affiliate marketing right now!

FAQs

Q. Can I start affiliate marketing with no money?

Yes. You can absolutely start affiliate marketing without investing any money. In fact, there are many affiliate programs that you can join for free. And all you need is a working laptop and a good internet connection.

Q. What is the easiest way to start affiliate marketing?

To get started with affiliate marketing, follow the steps below:

1. First, you need to decide on your niche
2. Decide on a platform to start affiliate marketing like Facebook, Instagram, YouTube etc.
3. Find affiliate programs to join
4. Start creating unique and engaging content
5. Drive traffic to the affiliate site

Q. How can I join affiliate marketing for free?

You can join affiliate marketing for free by registering on platforms like Monetizedeal. With Monetizedeal, you can partner with more than 150 brands, and it’s absolutely free. All you have to do is sign up on Monetizedeal, and then you can start sharing your affiliate links.

Q. How long will it take to learn affiliate marketing?

It can take up to 2 weeks for you to thoroughly understand affiliate marketing, and it can take anywhere between 6-15 months before you begin to earn good income with it.