Affiliate Marketing is one of the most popular and oldest ways to earn money online. Affiliate marketing has the highest share of income in almost every professional blogger’s income. Some bloggers rely only on Affiliate MarketIng to earn money from their blog. Let us know about Affiliate Marketing in detail.
what is Affiliate Marketing
Affiliate Marketing is a system of earning money from a blog or website in which you recommend an online product on a post on your blog. Along with the recommendation, you place Affiliate Link for that product there as well. When one of your Visitor buys that online product by clicking on that Affiliate Link, then you get some commission from the price of that product. This commission is the income from your affiliate marketing. On any blog, you can add affiliate marketing as well as any other means of income from Adsense or Blog. This is its biggest feature.
Some Common Terms Related to Affiliate Marketing
Affiliates We and those bloggers like you are called, who use the Affiliate Program to promote a product and get commission from online companies.
Many online companies like Flipkart, Amazon, Hostgator, Bluehost etc. run Affiliate Programs to promote their products or services. In these programs, the bloggers who provide these, provide commission on their link being sold.
Affiliate Link is the link that a company gives to its Affiliates to promote the products after signing in. This is a type of tracking link that informs the company that a Buyer has reached the product of which Affiliate by clicking on the link.
Affliate ID is also like Affliate Link. Some online companies provide Affiliate ID to Affiliates instead of Affiliate Links which they use to promote.
The means by which Affiliate Companies make payments to their Affiliates are called Payment Mode. Most companies make payments to Affiliates through Check, Wire Transfer, Paypal and other means.
A company pays its Affiliates a percentage of the price of the product they promote when it is sold, that is called Commission Percentage. Different companies provide different Commission Percentage to their Affiliates.
2-Tier Affiliate Marketing
2-Tier Affiliate Marketing is currently the best way to earn money from Affiliate Marketing. In this, you recommend any other blogger to join Affiliate Marketing and if it is added, then you get commission from the sale done through its link. It works according to Multi-Level-Marketing (MLM).
How to Make Money From Affiliated Marketing
Making money from your blog is the dream of every blogger, and many mediums are also available for this. Affiliate Marketing is also one of them. This is not a simple medium like Google Adsense. But it is nothing more difficult than earning from it. To earn from this, you should keep a few things in mind –
Identify Your Niche / Field
To start Affiliate Marketing, you must first identify your blog Niche. Promote the products related to your Niche through your blog. For example, if you promote a Smartphone on a Health Blog, it will not give you any Profit. You will also have to see which region most of your traffic comes from and which kind of posts attract more visitors. If you promote a suitable product for that region through your blog, then your affiliate income has more opportunities to grow.
Find the Best Affiliate Program related to your Niche
Currently, many companies run affiliate programs. You can easily get confused in choosing one program. To find the best Affiliate Programs for you, you need to keep a few things in mind. Is the Reputation of Affiliate Program that you are going to join is good? Also, the product you are going to promote should also be a Quality Product. Reliability is also a very important thing to keep in mind. You should keep in mind that the affiliate program or company you are promoting should be reliable. Also, you should consider Payout System, Cookie Period etc.
Build your identity in your Niche
To create an identity in any field, you need to do something different. A review of every product that you write in your blog has been written somewhere before. So before writing, do a proper research to see that what you are writing is not copied by anyone else. If possible, you start with the products that you use yourself, you will be able to tell people more about them. When you write unique, people will come to your blog and read it. Also, try to tell people what they want to know in interesting and simple language. Comment and get connected to social media and answer the questions coming there.
After choosing the Best Affiliate Program for yourself, start promoting its products. There are many ways you can promote a product. Every person does a thorough research before buying a product and reads its reviews on the Internet. So you should write a good review post for Promotion and place your Affliate Link on that post. After reading this review, there are more chances that Visitor can buy that product by clicking on that link. You can also write a Comparison Post for two similar products.
You can also promote products through Tutorials. Promoting them by writing how-to articles for some services or technical products also increases the chances of getting commission. If you can write well enough, you can also write an Ebook based on Specific Products, and place your Affiliate Link at the appropriate places in that Ebook. Make your link Attractive using Text, Image and Banners so that Viewers Attract to it and Cilck on it.