Over and over again we have been heard of this word Affiliate Marketing, but don’t know what it is, how to start with it and where to start with it. There are so many bloggers and webmasters who have been into online marketing for years, and they are very well known to perform effective affiliate marketing tricks. Affiliate marketing is the most profitable ways to make money online. Many big names using this marketing strategy and earning profit too.
The idea of affiliate marketing has been around for many years now, but many of the people dismiss it as not worth their attention, while others are simply not sure about the exact meaning of the term and the concept behind it.
I have written this article to make you complete understand for affiliate marketing and various strategies to make money online. So, let’s start with it.
What is Affiliate Marketing?
Affiliate marketing is one of the most famous and foremost relationship between you and online business, where you can promote and refer your blog readers or followers to buy or hire third parties’ products or services. In return to your referral business will pay you decided commission.
The commission varies from $1 to $10000 or more, which will depend on product or services you select to promote or refer. It is not that you promoted any product, and you will get the commission. It will compare only when the person will purchase it online.
Among all beginners, the wisely one question comes in front that how companies track the record of who sending the traffic and making sales. There is no difficult now for them to track, they just involve a tracking URL, Which is a unique link provided by the business for affiliation purpose to you to a promotion and refer audience.
The primary purpose of keeping this URL is to keep track of all the traffic and sales you are making by the various promotional techniques on your website or blog. There is another way to track the record, that many outdated affiliate programs allow a buyer to add the referral details to account for affiliate sales, but truly this is surely not the great way to track progress.
As a beginner, this is the opportunity to you to take advantage of the affiliate program offered by various online businesses. All you need to do is just sign up for the affiliate program, and you will be presented with the unique tracking link. Whenever you are writing about the product, add that tracking a link into the content to refer. Once your audience from your referral link, you will be presented with the attractive commission.
Do you know that affiliate program also has a set of terms to understand? With these terms, a company offers their affiliate marketers the good sales commissions. So, before you move ahead to sign up with an affiliate program understand below terms, which can help you pick the best affiliate program with higher and effective commission rate.
Affiliates: Affiliates means the marketers like you and me who use the affiliate links to promote and sell the online products or services of Affiliate Company.
Affiliate Software: Affiliate software is utilized by the Affiliate Company to create an affiliate program for their products or services. For instance, iDevAffiliate.
Affiliate Link: This is the link which is a unique link provided by the affiliate company to track the promoting and selling process.
Affiliate ID: This is something many companies offers. Affiliate ID helps by providing company to distinct the several referral sales from different affiliates based on a unique affiliate ID assign to individual affiliates.
Payment Mode: The different company offers various methods of payment like cheque, wire transfer, and Paypal. Check before applying.
Affiliate Manager: Affiliate Manager is a key point of contact on behalf of Affiliate Company. An affiliate manager will help you with the optimization process and the active promotional material created by the affiliate company to increase the sale.
Commission Amount: For every sale, you will be receiving affiliate income from the affiliate company.
Custom Affiliate Account: This is entirely different from the generic affiliate account, many companies offer custom affiliate income to people making the most affiliate sales for them.
Landing Pages: This is a very different demo page or we can say product page, and the primary purpose of such page is to increase sales. Most of the programs that you will be promoting will have many landing pages to offer you as promotional material. Pick the one or many you like to promote products or services.
2-tier Affiliate Marketing: 2-tier affiliate marketing is a program wherein the affiliate marketers earn commissions on their conversation as well as the conversation of the webmaster they refer to the program. So it is an excellent way to making money from the affiliate program. This income is well known as a sub-affiliate commission.
Custom Coupons: These kinds of coupons are used to track the sales, and many programs offer this service to their affiliate marketers. Another advantage of this service is you can also increase affiliate sales by providing cases discounts to your audience.
Link Clocking: It is true that most of the affiliate tracking links are ugly. But with the link clocking technique like Bitly URL shorteners or handy WordPress affiliate plugins such as Thirsty Affiliate, or more, you can turn those ugly links into links that can be understood by your readers.
Offering an affiliate program is the best way for companies to make money by free promotion while saving significantly on advertising.
Affiliate Marketing FAQ
Now, you have a basic knowledge of affiliate marketing and also know that how it works. But I know still you have some questions in your mind. Not to worry about, here I have answered some of the common questions which are asked by webmasters and marketers before jumping into affiliate marketing. So let take a look at some of the most frequently asked questions by affiliates marketers.
Is affiliate marketing legal or not?
Affiliate marketing is 100% legal and no fraud and also very beneficial compared with any other money making methods. You will be provided by simple particular affiliate link rather than a direct link to any site.
Can I use affiliate marketing as well as Adsense on my website?
There is no issue if you use both the services together because affiliate marketing doesn’t violate TOS of Adsense and also works better than Adsense.
How do I find an affiliate link for any product?
Not all affiliate companies, but many companies offer an affiliate program. To know is the company offer an affiliate program or not, you must check their website for the related information. Make sure that you also check the company’s FAQ page if they have any.
There is also another way to find this information with simple Google searches. For that, type the phrase like “Product Name + Affiliate Program” where replace the product name with the name of the product which you want to search the information. There are some of the companies which offer you to create a free account like ShareASale, CJ, or Clickbank.
Is it important to have a blog for affiliate promotion?
It is not necessary that to have a blog. However, having a blog is the best platform for promotion. On this platform, you can always use methods like PPC or be advertising to promote the product as well. Overall this platform provides the best opportunity to become a successful affiliate marketer and to make money online.
What charges does it apply to join an affiliate program?
In the major number of cases, there is no charge to join the affiliate marketing. You don’t need to pay a cent of money and to invest any amount to join and promote the product of the affiliate company.
How to find new products to promote?
As I have mentioned above the affiliate marketplaces are the best places to start your affiliate marketing research. Find out by browsing in your interested niche and see the top performing affiliate programs.
Even if you are not getting this, you can find the impressive affiliates products. Just keep an eye on blogs in your niche and see which products they are promoting and what method they are using.
What kinds of programs are available that automatically convert links into affiliate links?
Do I need to qualify to become an affiliate marketer?
No, there is no need of any special qualification to become an affiliate marketer. But yes you must have good ideas of marketing to promote and sell the product of Affiliate Company.
How much can I earn from affiliate marketing?
There is no limit to making money from affiliate marketing. It depends on upon the promotion that how you are promoting the product and for how much time.
This is it! These are some of the common FAQs with the answers which will hopefully help you to clear your mind about affiliate marketing.
And still, if you have any question regarding the affiliate marketing than feel free to ask me by writing them all in the comment below.