Hi. I am a UK resident. I have been trying to find out advice about whether you should register a company for payments through affiliate marketing and if so is it better to set up a as a sole trader or limited company (or equivalent in US). Please could you advise as I can't seem to find out anything about this but when you complete affiliate network profiles they ask for tax details and company names etc. Many thanks
That’s a good question. I wrote an article on affiliate links that you can find on my site. It goes over everything on where to add them on a blog, social media account, YouTube videos, etc. Hope that helps! And you don’t always need a blog to promote affiliate links, as you could do it on social media or other channels. However, I recommend starting your own blog as you need a consistent audience to generate affiliate revenue.
You need to keep your audience engaged. Social media is all about engagement and this is something that you need to keep in mind if you are to use it for affiliate marketing. Post interesting content, and people will keep checking your out. As an example, you can produce content that’s useful to your audience as a way of promoting engagement. Using the above example, you can write a “Latest Sci-Fi novels,” post to make sure that people stay abreast with what’s happening in the field. Keep refreshing this content and you can be sure that people will keep coming back.
This is another thing that affiliate marketing beginners need to be aware of. Affiliate marketing is not limited to blogging and social media. You can actually do it using email. However, the challenges that you face here are more or less similar to the ones that you face when it comes to blogging. Without a big audience, you are probably not going to be able to make it work. Anyway, there are many ways of increasing your mailing list. You can use your blog, as an example, to offer freebies to those that are willing to sign up for your newsletter.