Affiliate Marketing- In this post, We will discuss Briefly | How Does Affiliate Program Work?
What is Affiliate Marketing?
Let me tell you what I think about Affiliate marketing is in my way, so here I go. affiliate program is nothing but the process of earning a percentage of commission by selling products of another person or company.
The owner of the product decides the percentage of commission you will get once the product is soled. You will not get any commission unless you sell the product.
I want to make it very clear that the Affiliate program and pay per click both are different. affiliate program has nothing to do with PPC.
Here is the video if you wish to watch.
How Does Affiliate Marketing Work?
First, you have to signup with an affiliate program.
Then you select a product which you would like to promote.
Finally, you shear your unique affiliate link on your website, YouTube, and Social media.
Once the user purchases through your affiliate link, you will get the commission fixed for that product.
But do remember unless someone buys the product you don’t get any commission.
Refer to the image given below, which will help you understand how does affiliate marketing work?
How to Start Affiliate marketing?
Did you ever thought about something that can generate money for you even if you are sleeping.
Sounds like a doing some magic, right?
This is something which makes affiliate marketing outstanding. You just need to shear the link and wait till someone to buy the product so that you can get a small amount of commission.
Before we start discussing how to start affiliate marketing, let explain in brief about the merchant, network, publisher, and the customer.
Broadly speaking Affiliate marketing involves 4 parties,
1. The merchant/manufacture
The merchant is none other than a person or company who manufactures/produces the product. For example, the brand HP who manufactures laptop as well as desktop PC.
For a publisher, it really does not matter if it a single person or a huge company like HP whose product you want to sell. Because the network between you and the merchant takes care of everything.
2. The affiliate/publisher
The Affiliates can be a single person who is running his own website/Youtube channel or a big company like gadget360. And the earning has simply no limit, and it may be $1 to 1 million dollars. The earnings purely depend on your smart work, how you attract visitors to your site/youtube channel.
3. The network
The network is nothing but something which is like a mediator between the affiliate/publisher and the merchant/manufacturer of the product. The system acts as a bridge between both during the whole process. The example of affiliate networks are CJ (Commission Junction), ClickBank, Amazon, and Flipkart.
4. The customer/consumer.
The customer/consumer maybe he/she who buys the product online. I don’t think I have to explain more what costumer is to you?
Many companies sell their product online generally offers an affiliate program.
Example: Amazon.com, Flipkart.com, and myntra.com.
So to start first, you will need to select a product you want to promote.
Then you will need to join the affiliate program of that company.
To join any affiliate program, you will need to sign up for the selected program. Your affiliate company will provide you a unique tracking link.
Now you selected a product and signed up for the affiliate program.
If you want to promote the product on the website or Youtube channel and don’t have one yet click the links given below.
How to create a YouTube Channel? (Post will be published soon)
The next step is you will need to make a review of the product by blog or Vlog.
How to promote the product on the website?
To promote the product on your website, you will need to write a blog promoting the product. Blogging is one of the best ways to start affiliate marketing. And if you can do blogging your self, then you will need to spend only some time that’s all.
Do proper research before writing a review because your opinion on the product makes an impression about the site on the visitor. When you make a review of the product to should write everything in detail and mention the pros and cons honestly. To grow your affiliate business, you will need dedication, time, and smart work.
For a website, you will need to work on SEO also to drive some good amount of traffic.
Just click the link if you want to know about SEO search engine optimization.
To capture email addresses of visitors use email marketing service.
You will need to create a landing page so that you can get the emails of your visitors.
Always focus on driving more and more traffic on your website because of more traffic; there will be more possibility of conversions.
How to promote the product on YouTube?