Online tutoring, being a virtual assistant, and content writing are just some of the ways people earn money online here in Malaysia. Today, there’s a new kid on the block that’s been making noise and it’s none other than affiliate marketing.
In this blog, find out if this trendy online job can be a reliable source of income and if it does indeed work here in Malaysia. Also, we’re going to discuss some of the things you may want to consider before entering this field, so stick by until the end!
What is affiliate marketing?
Affiliate marketing is one of the hottest ways to earn money online. It uses a familiar formula wherein, the affiliate marketers partner with a company to promote their products, and in return get paid with commission.
How does affiliate marketing work?
How this works is that the company, which we’ll pertain to as the advertiser, will put out an affiliate marketing program on their channels (Facebook, website, etc.).
These programs will involve a unique link that will be used by the affiliate marketer to promote their products/services. They can promote these by using the link and posting it on their own social media pages, online stores or any channel that can garner views from their followers.
Once a follower clicks on the advertiser’s link and proceeds to buy their product/service, the affiliate marketer will be rewarded via commission.
Does affiliate marketing work in Malaysia?
Fortunately, affiliate marketing can be done remotely so it does work in Malaysia as well as many parts of the world. Those looking to join in on the fun just need to find a reliable and reputable company that offers a comprehensive affiliate program.
How to Start Affiliate Marketing in Malaysia
Here’s a three-step guide on how you can begin affiliate marketing in Malaysia:
Step 1: Choose a program
Of course, the first step of your affiliate marketing journey would be finding a program, but this is easier said than done. This is because several companies out there aren’t legit and are just out to scam unsuspecting victims on the internet.
That being said, the first thing you should look for in a program should be legitimacy. See to it that the advertiser that created the program is reliable and reputable to make sure that your data is safe and you can indeed earn money.
Aside from its safety, you must also choose a program that you think will be a good fit for your interests and skills. This way, the marketing process wouldn’t feel like a chore and you’ll have an easier time creating content, which brings us to our next point.
Step 2: Start creating content
Once you’ve chosen the program that you think suits your interests and skills, it’s time to start creating content to promote the advertiser’s offerings. Thanks to the digital age we live in today, content can come in different forms such as blogs, videos, social media posts and so on.
Regardless of which type of content you prefer making, you must organically insert the affiliate link provided by the advertiser. This way, when your followers see and click on it, you’ll be rewarded via commission.
Step 3: Generate web traffic
Last but certainly not least, you need to attract eyes to your content or in other words, generate web traffic. This is why it’s a great advantage if you already have a page with an ample number of followers beforehand because you’ll automatically have an audience.
Don’t worry though as there are several ways you can generate web traffic, if you’re starting from scratch. You can either do paid advertising, email marketing, or the most famous way to gain web traffic today, SEO.
Things to Consider before Pursuing Affiliate Marketing
Before choosing an affiliate platform, one of the most important things you need to consider is the payout structure. After all, making money is the main reason why people do affiliate marketing in the first place.
The payout structure may vary per platform, but the most common type we see is when the affiliate marketer should reach a certain threshold. This could be the number of clicks, views, purchases or any other type of milestone that you need to reach.
That being said, getting paid isn’t set in stone when it comes to affiliate marketing, as it depends on the aforementioned thresholds. This is why it’s important to consider this before pursuing affiliate marketing full-time.
Affiliate marketing is sort of like a content creator, making videos, blogs, etc. is your main way of generating web traffic. Before pursuing this career, make sure that you’re okay with any of those responsibilities, and that you’ll have enough in the gas tank to churn out content regularly.
Another important thing to consider before pursuing affiliate marketing is the advertiser itself. Here in Malaysia, various platforms offer these programs, and although there are some legitimate ones, you’ll also come across scams.
This is why we encourage considering the platform and the advertiser itself before choosing to become an affiliate. Doing this lets you make sure that the company doesn’t have a shady track record, and that they are offering ways to help you generate income.
The greatest benefit of becoming an affiliate marketer may also be your kryptonite. We are, of course, talking about flexible time, which you can either take advantage of or get overwhelmed by.
If you’re one to have trouble managing your own time, then this may not be the best field for you. On the other hand, if you thrive on working on your own and you’re determined to create content based on your time, you’ll have plenty of fun becoming a marketer.