There are business requirements and there are personal requirements. Let’s talk about the business one’s first ones.
In the very beginning, you need an offer that you want to show to other people. If you do not have your own product or service, you go to an affiliate network. They match people that have offers but are lacking the time or skills to promote them with people that can do this job for them. This is where you fit in. You’ll be advertising offers that you do not own in exchange for an affiliate commission. Apply for an affiliate network platform, tell them what your advertising plan is, and you will get access to offers.
The offer that tickles your fancy has to be seen on the Internet. You can display it on your own website, if you have one, or pay for people that see or click your offer. The paid traffic solution is used by the vast majority of affiliate marketers. They go to a special platform, called a traffic source, and define the amount of money they are willing to pay for a single ad display or for a single click. And the traffic source platform takes care of the rest. It puts your ad on their partners’ websites, bids for visitors, and counts the number of times your ad has been seen.
The implication of this is that you need to have some money to buy traffic. More on that later, but the options are that you either have your own way to get visitors to see your ad (you have a successful web page or a Facebook group) or you pay for visitors.
Ok, so you have the offer, traffic… what’s left? Oh yes, some fancy tool that will work out the magic of getting the money for you. This fancy tool is called an affilite tracker or ad tracking software and you will spend most of your work in it. Trackers are tools that count all clicks, costs, and payouts, and present them to you for analysis. You will then be able to tweak your campaign to turn it profitable.
As for personal requirements for this job… The will to do thing differently, to be your own person is more important than any character trait that you think is required in this industry. You have to be bold to make the initial decision to start doing affiliate marketing, but you have to be humble to learn patiently and work your way up. You need to have some analytical skills, but also a creative mind.
The people who do make the most money online are not necessarily the boldest, humblest, most analytical or creative. They are normal people, with a healthy combination of the above and other traits. But with a drive to get ahead.