Affiliate marketing Guide
Are you finding ways to earn money online? You must have come across the term Affiliate marketing. In this article you will learn the basics of affiliate marketing.
What is Affiliate Marketing
Affiliate marketing is a marketing technique where a person recommend a product to a potential buyer and earns commission from the seller once the sales is done. Commission can range anywher between 1% to 100% with a value of $1 to $1000 depending on the product you choose to recommend.
How to become an Affiliate
A person must register (free registration) in the affiliate marketplace to become an affiliate. He becomes eligible to promote products listed in the affiliate marketplace.
You can find affiliate products in affiliate marketplace. For example amazon is an affiliate marketplace. Amazon pay anywhere between 4% to 10% on average as commission. Some of the popular affiliate marketplaces are
- Amazon, amazon India., etc
- Webhosting providers like bluehost, dreamhost, etc
Choosing Affiliate product
Choosing affiliate product is the most important step in affiliate marketing. It is not recommended to promote a product just because it pays you more commission per sale. Reaching potential customer at low cost with a quality product is the ideal way to do affiliate marketing.
Ways to Promote Affiliate product
Affiliate websites provide unique link or unique coupon code for each product to each affiliate. The commission is paid to the affiliate once the sale is done through this unique coupon code or unique product link. The ways to promote the affiliate products are as follows
Direct link or coupon sharing
Unique link or unique coupon is shared to friends or relative who are more likely to buy the product. This way is less effective or efficient. Profit made out in this method is mostly ‘one time profit’ type.
PPC Campaign (Pay per click)
‘Pay per click’ campaign is created in PPC service provider website with the unique link provided. Every visit to the unique link cost certain amount of money as per campaign setup. Advantage of this method is that PPC sends targeted customer who is in search of such product and is a potential customer.
PPC service providers are
Social media profile
Creating a dedicated social media profile to promote a set of similar affiliate products is considered effective. Most of the affiliates are successful in Social media campaign. Posting product pictures along with its review is considered effective. Gaining skill in creating viral campaign adds to the profit. Gaining knowledge of social media platform is important. Each affiliate must know the advantages, disadvantages, tips and tricks about each social media platform. Social media platforms are
Collecting emails of potential customers and sending them emails about the affiliate product is one of the ways to promote affiliate products. Creating attractive email campaign to promote the product increases the chance to sell the product.
Aweber offers easy-to-use tools to help you create emails, sign up forms and more to engage your subscribers. Click here to get free trial for a period of 30 days. (Pricing starts at $19/month up to 500 subscribers and unlimited email )
Active participation and answering in forum discussion can help you sell an affiliate product. Forum helps in building personal reputation so one must take care while promoting a product. Being neutral while promoting or reviewing a product adds credit to the affiliate.
Some top forums are
Product video review (Youtube)
Perfect video review of a product helps in making killer profit. Using Youtube as a platform to review or promote product is considered as a way to promote affiliate product. Create series of review videos related to a niche (similar subset of category e.g. women health) and also including affiliate review videos related to same niche is considered to be effective. Unique link or unique coupon codes can be placed in the description of the video or at the end of the video.
Promoting on your own website
Promoting on your own website is considered to be the most effective and efficient way of promoting affiliate product on a long run. Revenues of affiliates promoting affiliate products on their own website have been exponential over time. Quality niche related articles and top quality affiliate product review is the primary requirement to earn a good recurring profit.
- Product Promotion article
- Product review and comparison
- Link and Banner ads of affiliate products in sidebar
- ‘How to use the product’ article
- Personalized coupon codes
Having your own website to promote the products helps in capturing emails of potential customer. Mailchimp can be integrated to the website to collect emails. Having social media profile and posting website article links at regular interval increases website traffic. Visiting websites with similar niche and commenting on them is also recommended to increase traffic to your website.
Traffic source to Website:
Traffic to the website is the most critical and essential element. Traffic to the website can be done in the same way as above mentioned ways. Website traffice sources are
- Search Engine traffic by SEO (Search Engine Optimization)
- Search Engine traffic by PPC (Pay per click)
- Social Media PPC (Pay per click)
- Email marketing
- Forum discussion
- Commenting on Niche related blogs
- Social media profile
- Youtube video posting
Hope this article helps in understanding the basics of affiliate marketing. Please share and subscribe if you like the article. Please comment if you need clarifications or if you wish to have your say!