Affiliate Marketing is the process of earning a commission by promoting someone else’s product or service. When you promote someone else’s product or service by using what is called an affiliate link that you can get from a company and if someone clicks on that link and then go ahead and buy that product or service, you can earn a commission.
In this article, we are going to learn what is affiliate marketing and how does it work.
This post contains affiliate links please read my Affiliate Disclosure here.
Affiliate Programmes
There are many different affiliate programs out there most companies, most products, and most services have their own affiliate programs.
The affiliate program is basically a program that gives other people the ability to join for free and promote their product and earn a commission.
Every affiliate program is different. There are affiliate networks where you can actually look at a whole marketplace of products that you want to promote and earn a commission. You can easily earn money and a commission from that and again without having to take all the risk and without having to try to sell someone.
Read More: How to earn extra money online from home
How Affiliate Marketing Works
When you join an affiliate program, you’ll get what is called an affiliate link, which is a special link that will allow the company to track to see which sales were produced by you. Who clicked on your link and went ahead and purchased so they can track that and make sure that you get paid for promoting the product.
With Technology, The Affiliate Links Are Pretty Accurate
There are some circumstances where things might not be tracked perfectly but for the most part, you get a commission for promoting the product.
Affiliate marketing is so valuable to earn money and it’s so easy to get started.
- You don’t have to create a product
- You don’t have to create a service
- You don’t have to be the expert
- You don’t even have to really sell the product
What you’re doing is, you’re sharing a product or service with people that you might know, it could be your family members friends your subscribers or followers on social media, whatever might be you’re sharing a product or service with them or you’re endorsing something and when they click the link they’re going to go to the other person’s website for the product or the service and buy the product and you get the commission so you basically just get paid by sending traffic someone else’s website. It is just by sharing and then you make money in exchange for that.
Read More: What are the best ways to make money online
Affiliate Marketing Is A Win-Win
Affiliate marketing is always a win-win for everybody involved it’s a win for the company because the company has now acquired a customer or a sale that they previously would have never gotten if it wasn’t for you it’s a win for you because you’ve got to earn money and a commission with doing very little effort because
- You didn’t have to come up with the idea
- You didn’t have to take the risk
- You didn’t have to invent something
- You didn’t have to be the expert
You didn’t have to spend all the time, the money to create all the marketing website all that sort of stuff and you easily get paid just by leveraging your subscribers or followers.
It’s a win for the customer because the customer now gets to benefit from the product or service and hopefully, the product solves a problem, meets their need helps them out in some way.
Affiliate marketing is a great thing because you can just join the affiliate program and earn a commission from that or maybe there’s something complimentary that you can promote and earn a commission from it.
As an affiliate marketer, your whole focus should be just getting traffic, getting visitors, getting subscribers and you only have to focus on that to start with because marketing is just a great way to get started because you don’t have to take any risk.
Creating a business and creating a product or an idea can be very risky you might Fail.
- It might not work out
- It might cost you a lot of money
It could be customer support and expenses are involved with that but in affiliate marketing, you just build and focus on
- Building a blog
- A YouTube channel
- A Facebook page
- Instagram or Snapchat
A few streams of marketing and you can easily funnel people into other people’s products and earn a lot of money by doing that.
Amazon Is A Famous Online Retailer
Amazon has an affiliate program called Amazon Associates. Anybody can join Amazon Associates. It’s free you just need to go to amazon associates and join then you can promote any product. Whichever product you decide to promote, they’ll give you a unique affiliate link, which is a special link just for you that you’re going to use to put it on your blog, Facebook, Twitter, email list or if you want you could put it on YouTube.
You can use that link for anything you like and when someone clicks that link and they go and buy you earn a commission from that.
Amazon gives you 5 to 10% commission and it slowly goes up as more products that you sell amazon’s affiliate program will pay you for every product that someone buys within 24 hours after clicking your affiliate link and also people sometimes don’t just buy one thing they’re going to maybe buy one thing and they might buy other stuff and you’ll earn commission for all those additional products that they buy within 24 hours.
There Are A Few Things To Be Aware Of When It Comes To Affiliate Marketing.
Everything is usually tracked through an affiliate link in some cases it could be a coupon code to help track if you send someone to someone else’s website and they purchase there’s got to be a way to track that it’s going to be a way to verify that this person purchased because of you so that you can get compensated for that.
For example, let’s say that I have an affiliate link and you click on my affiliate link and then you decide not to purchase just yet and you decide you’re using different browser and then you just decide to use a different browser for this, if you buy from a different browser and it’s not tracked to my affiliate link then I’m not going to get a commission for that, that’s something can occur.
Someone clicks on an affiliate link a cookie is placed on their browser and that will track usually for up to 30 days some might be 60 days or longer and others like Amazon they track within 24 hours so what that means is that if you click on my affiliate link and you go to the product and you decide that you don’t want to purchase it just yet, you want to think about it. You want to do some more research and then you decide I want to buy it, you go back two weeks later or maybe three weeks later you decide to purchase as long as that cookie is still on your browser I’m going to get credit for that sale even though you purchased 30 days after clicking my affiliate link.
Conclusion
Affiliate marketing a win-win for everybody involved. It’s working smarter and leveraging.
Affiliate marketing is the best business online. It’s great because you don’t have to create a product or service. You are just sharing with people you know and earning a commission. This is how affiliate marketing work.
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