How to Earn Money with Affiliate Marketing ?

Do you want to earn while you are sleeping? Do you want to earn passive income?

Who don’t want to, who don’t want to earn money while they are sleeping, It is most of the persons dream to print bills while they are sleeping. That is what affiliate marketing is all about. Affiliate marketing is the idea where you get paid or earn money for promoting other’s goods and services if people end up buying the product, all thanks to your marketing and promoting of the product.

The best definition of Affiliate Marketing can be– Affiliate marketing is a method of income, earning commission by promoting or marketing other people’s products. You find a product you think it has value and will have demand in public you go and promote and earn commission.

How to Earn Money with Affiliate Marketing ? 2

CORE PLAYERS OF THE AFFILIATING MARKET INDUSTRY-

If we study in detail there are 4 core players of the marketing industry

  • The Merchant– the main creator of the product, retailer, brand or the person who wants to sell the product.
  • The Network– platform where the affiliates are chosen from the options and the payments are taken care of the affiliates.
  • The Affiliate– person who promotes the products in order to earn commission if the product is sold by his promotion. The affiliate can also be known as the publisher.
  • The Customer– person who buys the product.
  • But in actual affiliate marketing the only main players in the affiliate marketing are the merchant, affiliate and the customer.
    1. The merchant can be an individual or can be a multinational company, who are the creator or manufacturer or retailer of the product. Any person creating a products and want to sell can be known as merchant. Affiliate marketing is no risk to their business as there are no expenses on their side they only have to pay commission to the affiliates when there is a result. Only after sale of the product they have to pay commission.
    1. The affiliate can also be an individual or a team with large numbers or also can be a website. An affiliate can earn from few hundreds to millions in a month. An affiliate is where all the marketing and promoting of the product happens, it is up to the affiliate potential , capability and strategy how to promote the product and sell them to earn commission. The strategy and approach should be attracting to attract the customers towards the product.
    1. Customers, without customers there is no point of doing the whole affiliate marketing operation as there would be no commission or products if there are no consumers. As said customers are the kings of the markets, there would be no income to any business without customers. The affiliate will try various techniques to approach customers, they will track and study the customer behaviour. An affiliate cannot charge more for the product from the customer as their part of commission is already decided in the retail price.
    1. The Network can also be somewhere useful in the affiliate marketing as it also provides platform to the affiliates. It works as the intermediate between the merchant and affiliate as it manages the payments and affiliate networks can also help in promoting of the products.

    How to Earn Money with Affiliate Marketing ? 3

  • As the market is grown in competition, the requirement of the key players are now more than ever, affiliate marketing help both the merchant and affiliates in the era of competition and modern ways are required to remain at top. Affiliate management agencies, third party vendors and all other ways are needed by the business. In affiliate marketing there is not only scope as being a affiliate or publisher but also as a merchant one can also be a merchant as they both have benefits in their respected field.

  • How to Earn Money with Affiliate Marketing ? 4
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  • BENEFITS AS A MERCHANT-
    • PERFORMANCE BASED– The affiliate program is performance based as they are paid on commission for promoting and selling through targeted customers which will drive them to focus better on marketing. As a result a merchant will gain more demand for the product.
    • BROAD AUDIENCE– Affiliates can be found for any product category whether for handcraft or any other products. Affiliates are linked with many partnerships with broad audience which will help a merchant to approach large audience and new markets for the sale of their product.
    • BOOSTING REPUTATION– By linking with well reputed and skilled affiliates which has numerous contacts with trusted websites and markets which will as a result boost the merchant’s reputation through their quality products.
    • COST EFFECTIVE– A merchant doesn’t have to add expenses of the affiliate without the selling of the products through the affiliate. The commission is only paid if there are results of sale through the affiliate. However recruiting of the affiliate is also cost effective as using his services.

    BENEFITS AS AFFILIATE-

    • FAR REACH– Affiliate marketing is a wide field and in such a field there are number of products categories than an affiliate can approach for marketing and promotion of the product in there targeted audience.
    • LOW-COST OPPORTUNITY– Everyone desires to start a business with less capital and affiliate marketing is a right platform for that. It is 100% tech dependent business one can only start with basic knowledge and a laptop and can earn from hundreds to millions.

     

    • LOW EXPERIENCE– One can start as a fresher too as there is low expertise required in this field only a basic knowledge can help you startup. That is up to the affiliate that what strategy and campaigns he follows to get better at trade and marketing of the selected product category. In this field practice makes the man perfect.

     

    • NO NEED TO QUIT REGULAR JOB– Another benefit of affiliate marketing is one doesn’t need to quit job to get into affiliate marketing. It’s the person’s choice if he wants to dedicate full time in this and want to quit his regular job. Affiliate marketing is as good as a primary job one can earn more than a job with full dedication and proper marketing strategy.
    • INDEPENDENT AND FLEXIBLE- Affiliate marketing is as independent and flexible as a passive income. One can work at any schedule whenever it suits and work according to will and don’t need to handle any after sale queries as these are with merchant’s department. The only department of a publisher is to target audience and promote the merchant’s product.

     

    Affiliate marketing is all benefits with a large scope and a very small risk as there is not much capital required to get a start up in the field of affiliate marketing neither to be a publisher nor by a merchant to recruit a publisher. All the advanced ideas and ways are needed in to overcome business obstacles and competition.

    How to Earn Money with Affiliate Marketing ? 5

  • STEP BY STEP GUIDE TO BE A PUBLISHER OR AFFILIATE

     

    The first thing to start a startup is to focus, dedication and confidence. Things don’t get at work in first try. Slow and steady wins the race. The step by step guide will guide you how to start your own affiliation marketing web.

    1. CHOOSE AND REVIEW PRODUCTS IN YOUR NICHE

    The very first step is to choose and review the products you are interested in and will be easier for you to promote according to your knowledge and target audience. They key points to keep in mind while choosing  your niche should be-

    • Is there enough demand for this niche?
    • Is there money in these products?
    • If there is abnormal competition in this niche?
    • If you have enough knowledge about the products?
    1. CHOOSE AN AFFILIATE PROGRAM

    After deciding your niche your other research should be on choosing an appropriate affiliate program. Affiliate programs will pay you commission by sending traffic to their website programs. Key points to keep in mind are

    • What type of merchants are on the affiliate program
    • How much commission they pay and how much you want
    • Support the program provide

     

    1. BUILD A WEBSITE

    After research of your niches and affiliate programs now you have to build a website and little investment will be required to build the website and to buy the domain name. This website will be where you will promote your products. It should be properly themed and with a good content and details.

     

    1. WRITING CONTENT AND BUILDING AUDIENCE

    Now you have to write a good content on reviews of the products in your selected niche. This is some time consuming step as in this you have to write time a very good quality content to attract customers.

    • Review products
    • Write good quality blogs
    • Product information.

    After building website and content now you have to target audience for your promotions and attract them. An interested audience will provide you traffic to your website and increase in sale of the products through your promoting. You can promote your website through-

    • Social media
    • Emails
    • Paid advertising
    • SEO techniques for search engine.

     

    1. PROMOTION OF THE AFFILIATE OFFERS

    The last step from where you will start earning commissions for the promotion of the products. After listing your niche with valuable products you can promote them by the following ways-

    • Honest product reviews which will make the audience to trust you and get attracted to the product and from your affiliation program id link they can jump to the buying option to buy which will earn you commission.
    • Banner ads are also useful ways on your website that will take the customers to the buying site
    • Email promotions
    • Discounts and giveaways offers that are placed by the affiliate program will also attract the customers on valuable products.

    All these steps will help you to be an affiliate and earn commission form hundred to millions without losing your actual job as it is flexible and independent source of earning. All you need is proper strategy and dedication towards affiliate marketing

Part 2 :

How to Earn Money with Affiliate Marketing ? 2

How affiliate marketing works and some top Profitable Affiliate programs

In running trend Affiliate Marketing is one of the most ideal approaches to earn some while sleeping or in other words passive income. Amazon Affiliate Marketing is specifically a good way to make more money and add substantial extra money in your pocket.

To earn from the running trend one always want to know about HOW DOES AFFILIATE MARKETING WORKS ? HOW WE CAN EARN FROM IT?

First we need to know about the core players of the affiliate marketing program.

  • The Merchant– the main creator of the product, retailer, brand or the person who wants to sell the product.
  • The Network– platform where the affiliates are chosen from the options and the payments are taken care of the affiliates.
  • The Affiliate– person who promotes the products in order to earn commission if the product is sold by his promotion. The affiliate can also be known as the publisher.
  • The Customer– person who buys the product.

In actual the merchant, the affiliate and the customers are the main players of the affiliate marketing and the circle between these players will help you to earn some extra money in your pocket.

Being as an affiliate is the most common and easiest way to earn from the affiliate marketing.

An affiliate marketer can also be called as promoter or an online sales person in some simple words who promotes or advertisement about the merchant’s website or product and attract customers for them.

The step by step process for earning from affiliate marketing:-

  1. In first step and Affiliate partner promotes the merchants products or services on their site or on their blog page or any other online platform also from there social media accounts or profiles or pages.
  • In the second step where customers are the key players in affiliate marketing in this, the consumer clicks on merchants promotion link on the affiliate’s site and a cookie is then stored on the consumer’s browser. Storage of the cookies makes it possible for the affiliate network to track the consumer’s progress from the affiliate’s website through to the merchant’s brand’s shopping cart.
  • After clicking the link the consumer is redirected to brand’s website by clicking on the promotion or advertisement made by the affiliate on his website or any online platform.
  • The fourth step is the consumer’s last core role in the affiliate program in which the consumer purchases a product/service from the merchant’s website or brand.
  • The purchase made by the customer will help an affiliate to earn commission from the merchant for his promotion and generating sale for the merchant. The network keeps all the tracks of the affiliates progress and sale generation for the merchant. After the sale the network automatically pays out a commission to the affiliate based on all the terms & conditions made by the merchant for driving customers and sales to the merchant’s website.

This simple and short process will help an affiliate to earn some extra money and in sleep too. One don’t need to be active all day to earn but only need to keep him/herself updated on best affiliate programs to earn some good commission by driving sale for the merchant. There are many affiliate merchants who offer different rates of commission and different products and services. The affiliate marketer has to be updated on the products and services that would attract customers and can drive sale.

How Do Affiliate Marketers Get Paid?

The best technique to earn without the problem of really selling an item, Affiliate marketing, has an evident attraction for those hoping to expand their pay on the web. Be that as it may, how does an affiliate get paid in the wake of connecting the merchant to the shopper?

The appropriate response can get muddled.

The shopper doesn’t generally have to purchase the item for the affiliate to get a payoff. Contingent upon the program, the affiliate’s commitment to the vendor’s deals will be estimated unexpectedly.

The affiliate may get paid differently:

How to earn from affilate program
  • Pay per click: This program centers around boosting the affiliate to divert purchasers from their marketing stage to the shipper’s website. This implies the affiliate should connect with the purchaser to the degree to move from the affiliate’s site to the shipper’s site. The affiliate is paid dependent on the expansion in web traffic.
  • Pay per lead: A more unpredictable framework, pay per lead affiliate programs, repays the affiliate dependent on the transformation of leads. The affiliate should convince the shopper to visit the shipper’s website and complete the ideal activity — regardless of whether it’s rounding out a contact structure, pursuing a preliminary item, buying into a bulletin, or downloading programming or documents.
  • Pay per deal: In standard Affiliate marketing structure, the vendor pays the affiliate a level of the item’s deal cost after purchasing the item because of the affiliate’s marketing systems. As such, the affiliate should really get the speculator to put resources into the item before they are redressed.

Some Profitable Affiliate Programs:-  

How to Earn Money with Affiliate Marketing ? 8

1.Semrush

Semrush provides 40+ tools , promotional material and a dedicated team to support in better promotions. Semrush has 6 million global users which makes it profitable and trustable affiliate program.

2.Amazon Associates

The amazon affiliate program is the most popular affiliate program because of there sheer number of offers and this is the number one choice for the beginers.

3.Fiverr.

Fiverr is also one of the best and popular affiliate program which gives good rate of commission payout for the affiliate marketers.

4.Shopify

Shopify offers an average of 58$ of payout for driving customers to the website who joins there plans on the website and gives priority supports to the affiliates too get any information about the working as an affiliate partner with the shopify.

5.CJ Link

CJ Link has more tham 20+ years of experience and has well established name in the field of affiliate marketing and located over 14 worldwide offices. CJ Link provides attractive rate of return and opportunities for beginners in affiliate marketing.

Some more programs Bluehost, hostinger, thinkfic, clickfunnels etc.

Conclusion

There are many other affiliate programs that offers good commission payout to the affiliates for driving sale for them. Affiliate marketing has a good scope one can also go for it as core carrier there is no bar and limitation in affiliate marketing one can grow as much they want to. If one want to earn extra income without leaving their current job.

How to Earn Money with Affiliate Marketing ? 2

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