Affiliate Marketing is a type of marketing strategy in which people promote brands products in order to get small amount of commission.
If you wanna do Affiliate marketing for making money online, then it’s time to learn affiliate marketing.
Hey there, this is Dheeraj Patidar, presenting a new post on What is Affiliate Marketing and How to get Started it now?
In this post I’m gonna share you top secrets to be a successful Affiliate marketer.
Keep reading this article, because this article may change your life forever.
Now, before understand How to do affiliate marketing, lets understand What is Affiliate marketing exactly.
- 1 What is Affiliate Marketing?
- 2 Components of Affiliate marketing system
- 3 How to Become an Affiliate Merchant?
- 4 How to Become Online Affiliate Marketer?
- 5 People Also Ask about Affiliate marketing
- 6 Conclusion
What is Affiliate Marketing?
Affiliate marketing is all about making purchases of other peoples’ products in order to get commission for each sale. It is a type of Digital Marketing.
We have probably seen lot of blogs who promote brands & services by taking promotion charges.
If you wanna become an affiliate marketer, let’s understand the whole cycle of affiliate marketing.
Affiliate marketing is not a simple task as you thing, It requires lot of effort in order to make purchases.
In order to join affiliate program you have to find the better option in the market. To find better option you have to go through following points:
- Find the list of affiliate programs or networks your are interested in.
- Look at the program overview like type of products, payment method, amount of commission they offer, etc.
- Compare all affiliate programs you have selected, and choose the better option.
- Apply for the affiliate program you have selected & wait for some days for approval.
- Once you get approval, start creating content, mention the links they have provided.
- Now on each successful purchase you’ll get commission.
The affiliate network you have joined will sends you the payment when you reach the minimum earning threshold. The payment method may vary, usually includes PayPal, Bank Transfer, and Checks.
Components of Affiliate marketing system
Following are the 3 main components of a successful affiliate marketing system:
This party of Affiliate Marketing create the product. It can be a big company or the organisation which produces the products like HP, Samsung, Lenovo, Apple, etc are popular electronic product companies.
It sometime also known as the creator, the seller, the brand, the retailer, or the vendor.
The Merchant is responsible for creating, supplying, and managing the overall transformation of products.
The Affiliate Marketers
This party of the affiliate marketing involves from single individuals to entire companies, sometime also known as the publisher.
It’s heart of affiliate marketing, where the marketers try to attract more customers to complete the purchasing cycle.
In order to become an affiliate marketer you can join popular affiliate programs like Amazon Associates, Flipkart, vCommission, BigRock Affiliate, Yatra Affiliate, etc.
This is the final party of any affiliate marketing program. Without any sale their is no commission generates.
The purchasing of the product is done by the consumer, after the purchasing small amount of commission goes to Affiliate marketer’s account, and rest of whole payment goes to merchant’s account.
The consumer need not to pay a higher price to the affiliate marketer, as the cost of the affiliate marketer is already included in the retail price.
The Affiliate Network
Apart from all these 3 main component of Affiliate marketing, there is one more thing which is affiliate network.
These are basically platforms who conduct the affiliate marketing programs in order to get transaction fee or any type of commission while the purchasing is done
Some of the product companies launch their own affiliate network to get rid from paying extra marketing charges like Amazon, Flipkart,etc.
These companies sell their products on their own website where they also allow other companies to add products there in order to earn commission.
In the case of promoting products to consumers, like books, tools, toys and household items, the biggest affiliate network is Amazon.
How to Become an Affiliate Merchant?
Following are the steps you have to follow to become an Affiliate Merchant:
You need to have a product idea
The First step toward becoming Affiliate Merchant is to have a product idea.
For this you have to look at what products and services which are already in the market.
If you wanna create a product then analyse the market first and then take an step towards the formation of product.
It is also a good idea to enhance the quality of existing product so that you don’t need to make people aware about your product, because they already know about that product. Only people want more quality in minimum price as much possible.
If you have budget of taking people survey then you can do it via survey sites or advertisement.
I know it is not a simple task to analyse the market for an individual. For this your should have a budget.
Becoming a affiliate merchant is not free, you have to spent some capital to explore your product ideas across the people.
Create the product
After the selection of the idea that what product you should create. Now the time to create your product.
You have to invest some capital and distribute some quality samples with the peoples, in order to get feedback.
According to the feedback you have to enhance the quality of your product.
The final step is launching the product at right time by doing market surveys of people requirements.
Now you think why here the market survey require?
This is because the product should be launched at right time. For example, if most of the people don’t need to buy furniture in rainy season then you should launch your product in summer and winter. Otherwise your marketing charges will get waste.
Find Affiliate Program Partners & do product promotion
Promoting the product is not an easy task at individual level. So It’s better to tie up with Affiliate Program Partners.
There are lots of website who usually promote products & services in order to get per purchase commission.
You can google all these websites for promoting your product. But take care of finding right and legit websites.
You can take help of youtubers as well. Most of the youtubers do product reviews. Find them and explain your product to them.
Setup the product supply system
Now after launching the product officially, its time to setup the system for product supply.
When affiliate program partners make product purchasing, after that the product supply team will deliver the product to the consumer.
Don’t hire a lots of number of employees initially. According to needs increase the number of employees gradually.
You can turn your small scale business into large scale by doing better & reliable delivery. so that people will share better purchasing experience with you to others.
You can take help of online assets management systems to manage the orders scheduling. The best online assets manager I know is Asset Panda which tracks & manage millions of assets across the world.
How to Become Online Affiliate Marketer?
In order to Become an Online Affiliate Marketer you can do following things:
Review products in Your Niche
First, you need to start reviewing products in your niche, which can be done through various digital platforms like YouTube, blogs, and live streams.
You already use plenty of products on the daily basis, so you can get start promoting those products. Because you already know very well about them.
Affiliate marketing is not a big deal after making huge number of social contacts. So try to explore yourself with the active social media users.
Build an Email List of Your audience
Email Marketing is also a good approach to promote your products in least possible time.
You can setup your blog and put subscription box there. So that whenever you publish new post about any product they will get notification of that.
You can also try various email campaigns with the users you have subscribed.
Email Marketing is the dynamic way of promoting products because you can send email to all of your subscribers at any time, any where across the world.
Grow Your Business with PPC Advertising
Once your affiliate business get popular, you can do advertisement of your business to get more and more audience.
You can do advertising with google ads which is the most popular advertising network across the world.
You can use PPC advertising to:
- Promote your social profiles
- Generate more and more conversion rate
have a look below the below. I have searched Oppo A5s on Google search engine, and I have got PPC advertisement at the top of the page. So you can also target some keywords & can apply for the PPC ads, where you have to charge for each click.
Join affiliate programs
You can join affiliate programs of popular brands as well to become an online affiliate marketer.
Amazon associates, Flipkarts Affiliate, vCommission, eBay Partner Network, ClickBank, etc are the popular affiliate programs which you can join in order to generate good amount of capital.
Don’t join any new affiliate brand because some of them are fraud websites. so keep distance from them.
People Also Ask about Affiliate marketing
What exactly does an affiliate marketer do?
Affiliate marketer promote the products and services in order get commission on each purchase.
He/she promote products or service by sharing it on a blog, social media platform, podcast, or website. so you can be a next affiliate marketer.
Is affiliate marketing paid?
Affiliate marketing is the process of earning income by promote someone else product or service.
If you generate sales for the company, you get paid, otherwise you don’t get paid.
How do affiliate marketers get paid?
They get paid as pay per sale. The medium of getting payment in affiliate programs is PayPal, Bank Transfer, and Checks.
How do I become an affiliate?
Do following things to become an affiliate:
- Choose your niche.
- Search for affiliate programs to join.
- Start a blog & create great content.
- Drive traffic to your affiliate blog.
- Get affiliate links clicks.
- Convert clicks to sales & get payment.
In this post I’ve discussed you Various aspects of Affiliate marketing like:
- What is Affiliate Marketing?
- Components of Affiliate marketing system
- How to Become an Affiliate Merchant?
- How to Become Online Affiliate Marketer?
- People Also Ask about Affiliate Marketing
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