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Affiliate Marketing 101 for Beginners
Affiliate marketing is the process of earning a commission for each sale a company or individual makes from your promotion of their product or services.
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Affiliate marketing is the process of earning a commission for each sale a company or individual makes from your promotion of their product or services.
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You promote a company's (or individual's) products and services to your audiences, and earn a commission for each sale that you comes through you.
With affiliate marketing you actually make money while you sleep.
With affiliate marketing you actually make money while you sleep.
There are three main parties involved in affiliate marketing
1. The products or service owner (Brand/Company/Individual)
2. The marketer of the product (Affiliate)
3. The Consumer, the person who buys the products or services.
1. The products or service owner (Brand/Company/Individual)
2. The marketer of the product (Affiliate)
3. The Consumer, the person who buys the products or services.
The job of the Affiliate marketer is to promotes one or multiple products of the Brand and try to attract and convince potential customers of the value of the product(s) so that they actually end up buying it.
Without any successful sale, the affiliate marketer earns no commission.
Affiliate marketing is different from Referral Marketing because in the formal the affiliates are not customers of the product been advertised, but are only doing it for the commission.
Affiliate marketing is different from Referral Marketing because in the formal the affiliates are not customers of the product been advertised, but are only doing it for the commission.
As an affiliate marketer you can use any the other internet marketing methods such as social media marketing, influencer marketing, display advertising, content marketing, SEO and SEM to promote the company's (or individual's ) product or services.
You can promote the company's product or services (Social media or Influencer marketing) on your social media accounts, (Content marketing) blog and get paid if any sale if made from your promotion.
Why Affiliate Marketing?
1. Low cost Start-up. You can start right now with you existing social media account or blog.
2. You can use any of the internet marketing methods to promote the brands products and services.
1. Low cost Start-up. You can start right now with you existing social media account or blog.
2. You can use any of the internet marketing methods to promote the brands products and services.
3. You start earning immediately a purchase is made through you.
4. You are earn six figures without owning any product of your own.
Before you consider Affiliate Marketing it is very important you know the products and services your audiences are interested in.
4. You are earn six figures without owning any product of your own.
Before you consider Affiliate Marketing it is very important you know the products and services your audiences are interested in.
As a blogger, find companies that sell products or services that matches your niche.
As an Influencer search for brand products or services that you can influence your audiences to buy.
As an Influencer search for brand products or services that you can influence your audiences to buy.
As a social media user, know your audience interests and demographics, then search for companies that have products or services your audience will be interested in buying.
There are numerous companies that offers Affiliate Programs. So before you chose to work with any company as an affiliate market, know you audiences and what they will most likely buy.
Hope you were able to take something from this Beginners explanation as to what affilate marketing actually is!
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