What Is Affiliate Marketing
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Affiliate Marketing Definition
Affiliate marketing is the process by which an affiliate (You), earns a commission for recommending another person’s or company’s product.
You simply search for a product you trust and are willing to endorse, and then you promote that product and earn a commission from each sale that you generate.
Your sales are tracked through your personal affiliate link .
How To Start Affiliate Marketing
To participate in an affiliate marketing program, you’ll need to take these 5 simple steps:
1. Find and join an affiliate program
2. Choose which offer/offers you would like to promote
3. Obtain your unique affiliate link for each offer
4. Share those links on your blog, social media platforms, youtube channel, website etc.
5. Collect a commission anytime someone uses your links to make a purchase
Affiiate Marketing For Beginners
Affiliate marketing is an ideal solution if you're a beginner and looking to gain control of your own income by focusing on performance-based revenue options. Working in tandem with a seller, a motivated affiliate marketer will be able to achieve a passive income from the comfort of your home without worrying about producing your own product or service.
Affiliate marketing can prove to be an effective way to meet your income goals as either a primary career or a profitable second job.
A very straight forward process, affiliate marketing via reviews, blogs, social media, webinar software, and many other possible options is a reliable system that’s just waiting to be utilized.
You’ll be able to engage your audience, convert passive readers into active consumers, and enhance your paycheck one click at a time.
Benefits Of Affiliate Marketing
What are some reasons to become an affiliate marketer?
1. Passive Income
While any “regular” job requires you to be at work to make money, affiliate marketing offers you the ability to make money while you sleep. You receive money for your work long after you’ve finished it. Even when you’re not in front of your computer, your marketing skills will be earning you a steady flow of income.
2. No Customer Support
You’ll never have to be concerned with customer support or customer satisfaction. The entire job of the affiliate marketer is to link the seller with the consumer. The seller deals with any consumer complaints after you receive your commission from the sale.
3. Work From Home
Want to work from home? Affiliate marketing is the perfect solution. You’ll be able to launch campaigns and receive revenue from the products that sellers create while working from the comfort of your own home
4. Cost Effective
Affiliate marketing can be done at a low start up cost, meaning you can get started quickly and without much hassle. There are no affiliate program fees to worry about and no need to create a product. Becoming an affiliate marketer is super easy.
5. Convenient and Flexible
Since you’re essentially becoming a freelancer, you get ultimate independence in setting your own goals, choosing the products that interest you, and even determining your own hours. You’ll also be free from company restrictions and regulations.
6. Performance Based Income
With a regular job, no matter how hard you work, you still earn the same salary. Affiliate marketing is purely based on your performance. You’ll get from it what you put into it. You’ll finally get paid for the outstanding work you do!
Average Affiliate Marketing Income
1. Pay per sale
This is the typical affiliate marketing pay out. In this program, the merchant pays the affiliate a percentage of the sale price of the product after the consumer purchases the product through an affiliates link.
2. Pay per lead
A more complex system, pay per lead affiliate programs compensates the affiliate based on the conversion of leads
There are other forms of affiliate marketing, but these are the two most affiliates will be involved with.
Commission rates vary, depending on the company and the offer. On the low end, you’ll earn about 5% of the sale but, with some vendors, you can earn as much as 75%. There are also affiliate marketing programs that provide a flat rate per sale instead of a percentage.
Affiliate Marketing Programs
There are hundreds of affiliate networks to choose from.
Here are a few of the more popular platforms, but you can search for affiliate networks or enter the product name you would like to promote followed by "affiliate program" Ex. - amazon affiliate program
Clickbank
Commission Junction
Share A Sale
and there are many others...
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Ready to start your affiliate marketing journey?
