Affiliate marketing is one of the best sources of earning money online in today’s time. This is a very ancient way of marketing any product which is very useful. Many times you have seen a link shared on social media, which is of a product, in fact it is an affiliate link. Today in this article I am going to tell you what is affiliate marketing and how affiliate marketing works and how to earn money from it. What is affiliate marketing and how to earn money from it
Contents
What is Affiliate Marketing ?How Affiliate Marketing Works?Step 1. Plan and Join Affiliate ProgramStep 2. Choose Product to Promote3 Options to promote Affiliate ProductsStep 3. Promote and Sell ProductsHow to promote and sell Affiliated Products ?Write Product based Reviews articleUse Social Media MarketingUploading YouTube VideoEmail MarketingBlog Sidebar WidgetStep 4. Get Paid Your Commission.Benefits of Affiliate Programs for BloggersEasy to joinEasy to PromoteNo Risk on MoneyMultiple Source of IncomeBest Affiliate Programs to Make MoneyBest Affiliate Programs to Make Money
In today’s time online is one of the very popular way to earn money. So let’s know what is affiliate marketing.
What is Affiliate Marketing ?
Affiliate marketing is a process in which you have to promote the products of a company and that company gives you a fixed commission when the product is sold.
You can pick up your desired product from any category and promote it and then when that product is sold, you get commission instead of what you earn. There is mainly a 3rd party role inside Affiliate Marketing, in which the first is the Advertiser, the second is the Publisher (also called Affiliate) and the third is the Customer. Let us go into detail about all three.
Advertiser: This is a seller, it can be a single person or a company that offers to sell its product.
Publisher(the affiliate): This can be any person who wants to promote the product and services and earns a commission when every product is sold. The person who promotes the product is called a publisher.
Customer (Consumer): All of us are involved in this. Every person who buys and does goods to satisfy his needs is a consumer.
Advertisement has to sell its product and the publisher has to earn money, then the publisher shares the link of its products with the advertise on its website or social network sites and as soon as a customer clicks on that link, then a customer buys the product. The advertiser gets money from the customer and then the advertiser gives some percent of his earnings as a commission to the publisher. This whole whole process is affiliate marketing.
How Affiliate Marketing Works?
If you want to earn good money from Affiliate marketing program, first of all it is very important for you to fully explain its concept. When you promote any product, I have talked about how many customers you are able to attract, the more people you attract, the more income you will be able to earn. So let us know in detail how Affiliate Marketing works and how many steps have to be followed to earn money from it.
Step 1. Plan and Join Affiliate Program
First of all, we have to join any affiliate program and you can join affiliate program of any company according to your interest. Before joining the affiliate program of any company, know about some things like payment threshold i.e. how much commission will be given after completion of that company, as well as knowing about the payment method, through which means of commission company will pay you.
Step 2. Choose Product to Promote
After joining the affiliate program, now you have to select the products and then promote them so that someone buys from them and you get commission in return. While sucking the product, maximum attention should be paid to the commission, which product has how much commission and choose the product with more commission.
3 Options to promote Affiliate Products
When you go to choose a product, then you get 3 options on it, which is something like this.
1. Link
2. Banner
3. Widget
When you choose the product, you have to select in the above option that if you want some kind of promotional material, then after that you will see a code, copy it and then add the same code where you want to promote. Have to do which is very easy. If you want, you can promote the product by adding this code on your website, blog or social account.
Step 3. Promote and Sell Products
Now you have copied the code of your product, have to promote it and then try how to promote that your visitors or followers turn into consumer. That is, promote the product in such a way that website visitors or your social profile followers can buy that product. Now the question is how to promote and sell the affiliate product in the end. So let’s know about some methods.
How to promote and sell Affiliated Products ?
Although there are many options to promote and sell affiliate products, but here we know about some important methods.
Write Product based Reviews article
Write a review post related to the product you want to promote and give complete information about that product to your readers so that they want to buy it. This is a very good and effective way to promote affiliate product and then make income from it.
Use Social Media Marketing
Today everyone knows what is community on social media. You can also promote your products by sharing product links and banners in the community on websites like Facebook and Twitter.
Uploading YouTube Video
If you are a YouTuber, then you can make a review video related to that product or you can also convert your subscribers into consumer by giving affiliate links in the description of your video.
Email Marketing
Email marketing is also a great way to promote any products. If you are a blogger, then a lot of readers must have subscribed to your blog, so you can also engage them by sending product related email.
Blog Sidebar Widget
You can show and promote on the site by adding bhi product code to the widget in the sidebar of your blog website. Trying to choose a product link or banner related to the category your blog belongs to and show it.
Step 4. Get Paid Your Commission.
Now when the product is purchased from the shared link, then you earn commission. Login to the site of the company whose affiliate program you have joined, and go to its payment option and add your account details so that as soon as the payment threshold is completed, you will get your earnings directly in your account.
Benefits of Affiliate Programs for Bloggers
Easy to join
Being a blogger, you already have a site and you can easily join any affiliate program using aadhaar and PAN.
Easy to Promote
It is easy for Blogger to promote the product, he can write a product based review article on his site.
No Risk on Money
There is no money involved in joining the affiliate program, so there is no risk of money in such a situation.
Multiple Source of Income
Although there are many sources of earning from blogging, but if you want to join affiliate program, then you will get many affiliate programs according to the category of your site, which you have a chance of earning a lot of income.
Best Affiliate Programs to Make Money
Although there are many affiliate programs that you can join and make online income, but here I am telling about some popular programs, by joining which you can get more commission.
Best Affiliate Programs to Make Money
Amazon affiliate
Flipkart affiliate
Bigrock affiliate
Hostgator affiliate
CJ affiliate
Clickbank
Hopefully, you must have got to know a lot from this article of our ultimate guide to Affiliate Marketing and you must have been able to know what is Affiliate Marketing and how you can earn money from it. If you have any question or suggestion, then do tell by commenting.