What is Affiliate Marketing?
Affiliate marketing is a multi-billion dollar industry. Affiliate marketing continues to grow from strength to strength.
An affiliate is a person or business that connects the product or service to the customer.
Affiliate marketing is a truly win-win operation when done correctly. Affiliate marketing enables the producer of a service or product to obtain customers without advertising or marketing the product. Affiliate marketing means that a service or product seller does not need to pay for advertising or to promote their product. Affiliates do this on their behalf. They are enabling the producer to concentrate on their products and the support of their customers.
The advantage for affiliates is that they do not need to create their own products or services. Affiliates do not have to deal directly with the customers or the shipping of products or customer complaints.
Affiliates receive a commission on the sales made from their introduction to the service or product supplier. Commissions can range from a few per cent to as much as 40% or even more with certain digital products.
Are you new to affiliate marketing? Are you interested in making money online?
Does passive income appeal to you? Have you already tried affiliate marketing?
Let us see how affiliate marketing works; if you are new to affiliate marketing.
Many companies offer affiliate programs to help sell their products and services.
These are usually at the bottom of the website as ‘Affiliate program’ or ‘Partner program or something similar.
Another way to find out if there is an Affiliate program is to Google “The company name” + ‘affiliate.’ Or Google “software companies” 'affiliate'.
There are also specialist Affiliate platform companies. Affiliate Platforms offer affiliate programs from thousands of different companies and products. Affiliate Platforms are usually the easiest way to start as an affiliate. You will find many product opportunities and niches by signing up on an affiliate platform.
A few Pros and Cons
You can start small and grow
Low start-up costs
No Guaranntee of Revenue
It is not easy to establish a customer base.
Requires dedication to be very successful.
Some of the most popular Affiliate platforms are listed in alphabetical order below;-
Once you have found suitable products to promote, it is time to sign up for your affiliate link.
When you have received acceptance on the respective affiliate program, it is time to start creating content. You will receive a unique affiliate code for each product you promote.
This code needs to be entered as a link. Your customers will click on this link and be taken to the respective sites of the companies you promote. The link tracks a customer who makes a purchase. You will earn a commission from these purchases. Commissions are paid by different means, including bank transfers, PayPal and Stripe.
The best promotion methods will depend on your products, contacts, and promotion ability. A blog or website plus social media are the most effective promotion methods. Suppose you have an email list related to the products you intend to promote. In that case, this is an excellent and effective method of promotion.
If you still need an email list, start making one. Email is one of the most effective and cheapest forms of promotion.
How to earn money online as an Affiliate Marketer.
Affiliate Marketing for Beginners is an excellent tutorial.