What is affiliate marketing?
Affiliate marketing is the easiest and most profitable way of earning money online, want to know more about what is affiliate marketing and how it works? Continue reading and you’ll know how you can earn easy money through your blog or social media accounts.
Affiliate marketing is the process of earning a commission by promoting other people’s (or company’s) products. You find a product you like, promote it to others and earn a piece of the profit for each sale that you make. How?
- You join an affiliate program, you find top affiliate networks that can help you make money, like Clickbank, ShareASale, commission junction.
- You pick a product that you would like to promote, you will get a unique affiliate link for the product
- You have to share the link via social media, blog, youtube videos, facebook ads or any other form
- When someone makes a purchase you will earn a handsome commission, the commission varies from $1 to $10,000 depending on what product you chose to promote.
Affiliate marketing is one of the most popular ways people make money online and for some, it can be a passive income once established. Set up correctly, it can be very lucrative
Affiliate marketing for bloggers
If you are a blogger and you are an affiliate of a company that sells beauty products, you could write a blog about the top 10 beauty products and in this blog, you could include :
- Benefits of the product
- Different styles in which it could be used
- Cost of the product
- Instructions if needed
Then you could include a button or link ad that would take the reader to that product and they could order it from there.
It is important to avoid a few things with affiliate marketing, do not write the content like a salesperson, yes, you are selling a product but when your blog suddenly turns into a commercial that puts off the customers, keep it in relation to the blog, do not put the link or button in a way that does not make sense
Websites using affiliate marketing
IMDB.com – On each movie page within the site, the right sidebar includes a link out to Amazon. This is done in an automated way as the link takes referrals to a search page within Amazon displaying results for the movie title or Actor.
TopTenSelect.com– This popular product review site reviews different types of products and compiles them into comparison tables and top 10 lists. The site appears to be mainly funded by Amazon Associates and only looks to gain traffic from one marketing channel (Google).
How to traffic to the products you are trying to sell?
- Create great content
- Practice effective SEO techniques
- Upselling, it is a sales technique where the salesperson encourages a more expensive purchase by a customer by persuading them to get an upgraded version of an item or to purchase add-ons.
- Promote a product that you would like to buy
There is a lot more to affiliate marketing, it can not all be covered in one short blog. If this interests you and you wish to learn more about affiliate marketing and digital marketing, you could opt for a career in digital marketing, it has a huge scope in today’s world.