Affiliate marketing, a revolution of Digital Marketing is a popular marketing strategy, both for publishers and advertisers has evolved as one of the best platform to make money online and is getting very popular these days among you-tubers and bloggers. There is a lot of scope to earn huge amount of money from affiliate marketing without investing a single penny. Affiliate marketing is all about earning by advertising other people’s products and services on your own platforms which may be your YouTube channel, Facebook page, Instagram, website or blog. In simple words we can say that affiliate marketing is all about selling someone’s product for commission using online portal or platform. One can easily understand it as an agreement between owner of a site, youtube, facebook page, Instagram, Pinterest and a merchant.
Start working as an affiliate marketer:
Affiliates are people who promote products and services. Many large and small organizations have affiliate programs that people can join for free.. If you are thinking of affiliate marketing, you must acquire a facebook page, Instagram, youtube channel, website or blog. Acquiring any one of these only is not sufficient you must have sufficient traffic (visitors) on these platforms which enhances the probability of more commissions. If you don’t have any of these platforms, create any one of these as per your skills or if possible acquire all of these. Once you create these, start making them popular by sharing and bring genuine organic traffic to all these platforms. Grow these platforms and become a brand. Once you get a brand in Digital world you will see the magic of affiliate marketing and it will stun you with earnings. Most affiliate marketers start from affiliate programs of reputed companies and organizations such as Amazons, flipkart affiliate program, Amway and clickbank. Most affiliate marketers work as Amazon associates. In order to work as an Amazon associate you have to register in Amazon website, all you have to do is to go to www.amazonassociates.in and create an account in it. You will get a referral Id and you can refer products using these referral ids. Every time the visitors click on the product and buy it having your referral id, you will get commissions as per company norms. There is no limit on how many products you can sell.
While working as an affiliate marketer one must take into consideration numerous prospects which may include
- Brand of organization whose products you are advertising.
- Selection of the right product line for right audience at right platform.
- Knowledge of advertised product.
- Proper knowledge of Social Media.
- Know about Social media marketing.
- Proper Knowledge of Email Marketing.
- Focus on Content Marketing.
- Target audience (potential buyers).
- Setting up & optimizing ads.
- On page & off page SEO.
- Focus on building a brand name.
- Focus on Brand Consistency
- Grow your Business.
- Keeping your platform up to date.
Staying up to date on all above is the key to make ensure that your new affiliate marketing business venture doesn’t end up going nowhere.
Does Affiliate Marketing works in reality:
This question definitely struck the new affiliate marketers. Affiliate marketing definitely works as a genuine method to earn your income online, in fact many people are earning from affiliate marketing and adopted it as source of living too, but one has to understand that it’s not an overnight phenomenon, just like any other business affiliate marketing also requires time to win trust and faith of target audience. But if you already have become a brand in digital world and have huge fan following, then affiliate marketing can do wonders for you. Many people have recently started auto blogging websites for earning from affiliate marketing, which can be done simply by using wp-automatic word press plug in. In auto-blogging websites, they display selective niche of Amazon products with their referral Amazon associate Ids and promote them on different social networks.
Who Benefits From Affiliate Marketing:
Besides you, affiliate marketing is beneficial to number of other people as well which include the business organizations that are looking to sell the advertised product and services and the people (target audience) who were looking to buy advertised product. Due to highly cost effective, affiliate marketing is very popular among business owners as they need not to pay you for advertisements; they just have to pay you for selling the product, ultimately saving huge amount of money which they have to invest in recruitment of manpower for selling and other allowances as well. Affiliate Marketing becomes beneficial for customers as well as it becomes easier for them to find the products and services they were looking for.
More Reasons to know Why Affiliate Marketing is practiced:
- Cost Effective
- Brand Exposure
- Reach Target audience (buyers) in no time
- Easy Tracking and Transparency
How to Grow as a Brand (successful Affiliate Marketer):
- Gain Trust & faith of your audience. Once your audience starts to trust you and your product recommendations, you will automatically become successful. Participate in various forums and share your expertise and knowledge. People will start following you, if it gives them additional information.
- Advertise a product for which there is demand in the market. Research about what products your audience exactly requires.
- Establish a network with other affiliate marketers and find out what worked for them. If possible study case records or success stories of successful affiliate marketers.
- Remain active on Social Media platforms. Post interesting content on social media platforms at regular intervals.
- Focus on advertising best products so that there must not be any decline in your fan following and people would recommend your platform viz site, blog, channel to others.
One must understand that Affiliate marketing is certainly not get rich quick scheme, if anyone tells you this, he/she is telling you a lie. However with proper research, efforts, commitment and patience, affiliate marketing will definitely make you rich. In order to become a successful affiliate marketer, building a strong brand image is very important. By building a brand name only, you can reach more potential buyers and can easily gain the trust as well as faith of customers. The basic principles of affiliate marketing always remain same whether you’re promoting products that are worth one or one thousand dollars each. You get out of affiliate marketing what you put in. Affiliate marketing concept provides a win-win situation for e-commerce players and affiliaters. E-commerce players may enjoy the wider market for advertising their products and services. Moreover it also gives direct access platform to the target audience. On the other hand, affiliaters can make immense profits in no time without incurring any inventory expenses and other production costs. One can join most of the affiliate programs for free and do not have to look for startup costs.