Imagine yourself sitting on a picturesque beach, writing about products and services you feel passionate about, all while earning a substantial income! Sounds pretty amazing.
In 2007, before I launched my accounting firm, I created a website where I promoted the offerings of other businesses on my blog. I received a small commission for every sale made through a unique referral link on my site. Fast forward 16 years, and that blog still generates a passive income stream based on its original content. While I still update the site, this side hustle takes up only a fraction of my time (less than 30 minutes a week) compared to my main accounting business, yet consistently brings in a steady income.
That's the appeal of this side hustle known as affiliate marketing! Affiliate marketing is a proven strategy that allows individuals to earn commissions by promoting and driving sales to products or services offered by other companies.
However, for newcomers, navigating the affiliate marketing world can feel overwhelming. Drawing from my 16 years of experience and insights from my accounting clients, this guide will provide a clear pathway to starting affiliate marketing in the UK.
So, picture yourself on that beach, writing about your passions and earning a substantial income through affiliate marketing. It's not just a dream—it can become your reality!
Affiliate marketing might be your perfect side hustle if you're seeking a flexible income stream you can start in your spare time from anywhere in the World.
Affiliate marketing is based on promoting products or services of other businesses and earning a commission for every sale made through your referral link.
Affiliate marketing includes three key players:
The merchant creates the product or service that their affiliates will promote. This could range from small enterprises to multinational corporations - anyone with something to sell can become an affiliate merchant.
Affiliates promote the merchants' offerings on their website, blogs and other media platforms using unique links provided by the merchant. When consumers purchase via these links, affiliates earn commissions as rewards for their promotional efforts.
Intrigued? The following section delves into who can benefit from affiliate marketing.
Affiliate marketing is not exclusive to any particular group. It's versatile enough to cater to individuals with different needs and circumstances.
Affiliate marketing can provide entrepreneurs with an additional revenue stream without requiring extensive resources or investment.
The flexibility of affiliate marketing allows job seekers and students to earn extra money around their schedules. They don't need their own products; they promote others' products and earn a commission.
Anyone can start promoting products online with minimal technical skills to create a website or blog.
Affiliate Marketing allows those with a full-time job to work in their spare time at their convenience. I would work on my blog before going to work first thing in the morning. I have many clients who have full-time jobs and work on their sites after work in the evening. Flexibility is the most significant benefit of this side gig.
In short, if there's internet access – you can get started and work from anywhere in the world!
If you don’t already have one, the first step is to set up a website or blog. Check out Wordpress.com or Wix for an easy-to-use platform to start a blog. Choose a niche you’re interested in; it's much easier to write about something you are passionate about. Your viewers will also appreciate your love and knowledge and are more likely to return to your site.
Your next move should be choosing an appropriate affiliate network such as Amazon Associates, Awin, or CJ Affiliates - all of which are popular choices among UK-based affiliate marketers due to their wide range of available programs across various industries.
To get started on these platforms, you'll need to create an account - this usually involves providing some basic information about yourself and agreeing to terms & conditions set by the platform itself.
This process often includes tasks like selecting suitable products and services to promote (based on your audience's interests), crafting compelling promotional content designed to attract clicks, and generating high-quality backlinks from other high-ranking websites to help boost your search engine rankings and overall visibility online.
In order words, a successful campaign requires careful planning and execution to ensure the maximum return for you – so take your time to understand all the steps thoroughly.
Next, we'll delve deeper into the leading UK affiliate networks and how they operate.
Selecting a suitable network is crucial for side hustlers in the UK looking to venture into affiliate marketing.
Fortunately, there is a wide selection of UK affiliate networks. The major players are listed below:
Summary:
Amazon Associates is the affiliate marketing program of the e-commerce giant Amazon Inc. Affiliates promote and link to products available on Amazon.co.uk and earn a commission on sales generated through their referral links.
Best For: Those New to affiliate marketing due to its straightforward setup and wide range of products to promote. Especially effective for bloggers and website owners reviewing or recommending physical products.
Summary:
Awin is a global affiliate network with many advertisers, from large consumer brands to smaller online businesses. Affiliates can promote these businesses and earn commissions based on leads or sales.
Best For: Affiliates who want diversity in the programs they promote, from travel to fashion to technology. Suitable for bloggers, influencers, and those with niche websites.
Summary:
CJ Affiliates is one of the world's largest and most established affiliate marketing networks. It connects affiliates with top brands and provides them with tools and resources to maximise earnings.
Best For: Experienced affiliates seeking high-quality partnerships with top-tier companies. Especially effective for those with an established website or platform looking to monetise their traffic with reputable brands.
The eBay Partner Network (EPN) allows you access to eBay's global inventory, including everything from electronics to fashion items to cars.
The benefits include:
If you're new to affiliate marketing, it can be overwhelming with all the different terminology used.
The primary affiliate marketing models/strategies are as follows:
Pay per click, or PPC, is where affiliates earn a commission whenever someone clicks on their referral link.
In cost per action, also known as the CPA model, earnings occur when referred users perform specific steps, such as making a purchase or signing up for an offer.
Affiliates using the cost-per-lead (CPL) method get paid when they generate leads for the merchant's business.
Now that we've covered these main models let's look at how laws and regulations impact UK-based affiliate marketers.
If you're venturing into affiliate marketing, it's crucial to understand the legal and advertising regulations that govern this industry.
In line with UK data protection laws, all businesses must handle personal data responsibly.
This includes obtaining consent before collecting or using a person's information, especially when sending promotional materials via email or SMS.
It's crucial to note that the UK has clear advertising standards set by the Advertising Standards Authority (ASA).
Be Transparent: Disclose that you’re using affiliate links.
Avoid Misleading Claims: Ensure that any claims about the product/service are accurate and can be substantiated.
Respect Privacy: When collecting marketing emails, always get informed consent and provide a clear opt-out option.
The Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2014 require full transparency about products/services sold online.
The CAP Code, part of the ASA, has set out guidelines known as the CAP code.
These rules are not exhaustive but give an idea of what compliance entails. It's always a good idea to seek professional advice if you need more clarification.
Remember: while these regulations might seem daunting at first glance - they exist primarily for consumer protection - ensuring trust between consumers and businesses, ultimately benefiting everyone involved in e-commerce activities.
This blog post gives general advice and is not a replacement for getting legal advice about your particular circumstances from a qualified lawyer. You can find the contact details of a local solicitor here: https://solicitors.lawsociety.org.uk.
For those in the UK keen on affiliate marketing, familiarising yourself with the Information Commissioner's Office (ICO) guidelines on data protection and the Advertising Standards Authority (ASA) regulations is essential to ensure your marketing practices remain compliant.
Information Commissioner's Office (ICO): Visit the ICO's official website at https://ico.org.uk. Once on the site, you can explore their guidelines related to data protection, especially if you're collecting user data on your website.
Advertising Standards Authority (ASA): Similarly, visit the ASA's official website at https://www.asa.org.uk. They have detailed guidelines and resources on compliant advertising practices.
You've unravelled what it entails and how it works.
From understanding who can benefit to setting up your first campaign - you're now equipped with the knowledge you need to get started.
We've dived into various affiliate networks available in the UK market, each with unique offerings.
The types of affiliate marketing? You know them all: PPC, CPA, CPL. They're not just acronyms anymore!
Legalities and advertising regulations are more manageable than they seemed before too. Data protection laws? Consumer rights legislation? Advertising standards codes? All ticked off!
Your venture into Affiliate Marketing UK has begun but remember this is only a starting point. There's more to learn and discover every day!
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