Affiliate marketing is one of the most profitable ways to earn steady online revenue. If you have no knowledge about this trending market area or want to refresh your brains on it, then welcome to affiliate marketing complete guide.
You will learn everything regarding affiliate marketing and start earning passive income.
Rational behind affiliate marketing: promote products of businesses or individuals and get compensated in return.
With the aid of technology, all marketing activities can be done right at the comfort of your home using a desktop, laptop or even smart phone or tablet devices.
Affiliate marketing in simple terms is the process by which an affiliate(individual or company) earns a commission by marketing another person products(individual or company).
The Affiliate Circle
Outline below is a 6 process step to get you started in affiliate marketing right away. We will go into each of these steps and explains it for better understanding. Just as it looks simple, so as it is for affiliate marketing by following right procedures. Note all the time affiliate get accepted to promote products. Further explanations will follow on how to avoid rejection in applying to advertise products and how to avoid been ban on popular forums.
1: Product is advertise by individual or company.
Individuals or large companies opt in to boost sales by inviting affiliate marketers to help advertise their products and services.
These sellers are the product creators, vendor or retailer who get product to sell. They do so through affiliate platforms by inviting affiliate marketers to help spread the word.
2: Affiliate request access.
As a marker, you identify your niche: products or services you want to help promote and advertise. An application is sent to product creators or vendors to grant you access.
Upon careful review by product creators, your application might be accepted or decline. You can always apply to many vendors as you want.
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Before accepting the application, product creators mostly want to know how you are going to help advertise their services: on your blog or website, forums or paid advertisement with Facebook, Google, Instagram and Twitter.
Nevertheless, without a blog or website you can still always apply but having a blog will be a great added advantage.
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3. Place links.
Upon acceptance into any affiliate program, it is time to start marketing. The best and ideal way to do this is through personal website or blog.
Nonetheless, other options are paid advertisement or, want to doge paid advertisement, then forums is the best place to do it and it works like magic. Sometimes can even be more profiting than paid advertisement.
When accepted into any affiliate program, you are given unique links of the products which also bare your tracking number. This is to help sellers know which buyers bought products through your link.
Do not post product links directly on forums. You are more likely to get ban as most forums disallow that.
Do it through landing pages.
4. User takes action.
Users or buyers will be redirected to the main site upon clicking on your link. The best way to redirect users is through personal website, blog or landing page.
Do not provide false information to users in order to persuade them. Doing so might result in the termination of your affiliate program.
Provide genuine response. Give reasons why users should try a certain product, state the functions if there are any and try to convince them genuinely. If interested they surly will follow the link up and make purchase.
5. User makes purchase.
Giving vivid information about the service been marketed will drive more traffic to the main product site than false information.
Customers are more likely to recommend such product to friends and relatives if what was described by the affiliate marketer is indeed what they saw on the final product purchase site.
This leads to more traffic and free advertisement on your behalf by loyal customers.
6. Affiliate is compensated.
After hard work, what is left is payment. Affiliates are compensated after been able to convince people in buying or testing an item.
Commission varies from vendor to vendor. 50% in some products, 13%, 25% depending on the vendor.
When starting, always look out for low commission products as you are more likely to be accepted.
Start bidding for high commissions when you are convenient with the whole process and making reasonable amount at the end of the day.
Either way: low or high commission products, it all generate steady revenue for you and eventually leads to 1000s and millions of revenue if only you are committed.
Jason Ston, affiliate marketer also known as Millionaire mentor was able to accumulate $7 million in retailer sales in the months of June and July in 2017.
This indeed shows how lucrative it is to venture into affiliate marketing.
Affiliate networks you can join:
- CJ Affiliates
- Amazon Associates
- Rakuten Marketing
- Walmart Affiliates
- eBay Partner Network