Are you new to Affiliate Marketing? Here’s something for you.
Affiliate Marketing is nothing but earning money or commission by promoting a product or service of some other company.
Once, someone gave me a link to an online examination form. They told me to persuade the students to get enrolled in that examination through the link of that form and in return, they gave me a certificate of Brand Ambassador of those colleges, if I succeeded in getting at least 5 students enrolled in that exam.
Getting a certificate was a kind of commission for me. But, some services or company also provide you with money, if you promote their products or services.
There are a number of affiliate marketers in the market at present -
-> WebMasters — These people build their own websites.
-> Search Affiliates — These people spend their own money in leveraging the search engines, Facebook advertising and many other paid advertising models so as to generate an ROI for affiliate offers as well as themselves.
-> Bloggers — These types of affiliates are great when it comes to posting information about the company and reviews about your new products.
All the things that bloggers write about tend to organically rank in the search engine. It’s quite important to look for a blogger who is willing to promote your products or your company and its services as this will help to increase your traffic and ultimately the number of conversions you get.
-> Review Sites — These type of affiliates will build a website that will review up to six different advertisers in a particular niche. These review sites are quite popular with affiliate marketers.
-> Loyalty Portals — Loyalty portals are those companies that have a very large membership base and are able to expose your offer as an advertiser to its members and sometimes may even contain a cash back policy. But the main disadvantage is that you will not be paid if someone does not buy that product or service through your affiliate link.
This affiliate link is important because it ensures that you get paid.
The person who wants to sell the product or service can track who opened the affiliate link and who have purchased it. Or basically, the person can track how many sales were produced by you.
Maybe, someone can open a link provided by you and before purchasing the product or service, they decide to do further research and maybe they can find someone else’s who has video and blog post and also have an affiliate link, so they may end up purchasing the product or service from there. Then, you will not be commissioned because it is not tracked to your affiliate link.
But, Affiliate marketing is a great way of making money. You don’t have to create any website or search for an idea or spend time or do any other marketing kind of things here. It is everyone’s cup of tea.
Thus, it adds another revenue stream without the need to expend masses of effort or money. This is particularly important for publishers with the rise of ad-blocking.
This article was for beginners in Affiliate Marketing. If you want to promote your company on Online platforms through any marketing strategies like Affiliate marketing, Content Marketing, Social Media Marketing etc. or you need any technical service for your business like Android App Development or Website Development, you can contact us anytime.