Affiliate Marketing is the way to make money online by promoting or selling products and services of advertisers on your blog. It doesn’t mean that you must have a blog; you can either promote the products on social networking sites or email marketing. You will act as the publisher in Affiliate marketing. Now, you will have one question in your mind that how much will you get? Why we promote anyone’s products without any reasons. Because we are getting the money from the Advertisers. You will get the commission when your readers click on the ads and buy products or subscribe services which you have promoted on your blog. You will get paid according to the Advertisers policy it might be PPC or pay per sale. Affiliate Marketing is the quickest way to make money online as it does not require much effort from your side. Only you have to place the ads on your blog, and when purchase made through your affiliate link, then you will get rewarded. This is the guide for the beginners to give a basic idea about Affiliate marketing and how it works.
Key players in Affiliate Marketing
Before starting, let’s get clear about some terms which we will use throughout the tutorial.
- A Merchant- This is a Advertisers or business that sells products from where we get Ads Banner, Links, etc.
- The Affiliate- This person(publishers) who promote goods and services on their blog.
- The Customer- The users who click on the affiliate links and buy the products and services.
- The Network- The entity that manages all this process called network like Commission Junction, ShareASale, etc.
Some of the Advertisers manage their affiliate programs by own. So, if you want to join it, then you have to visit the official site of those products and sign up the program.
Some Advertisers gives their affiliate to the networks who will manage all the things related to it. Affiliate networks get paid by the Advertisers/business. In this case, we need to sign up on the Affiliate networks where we get lots of products to promote.
How does Affiliate marketing work?
In simple words, Affiliate marketing is just promoting products and getting a commission through it. In this process, you will have to go through the four steps-
- Sign-up for the program/affiliate networks
- Get the approval
- Start promoting products/services
- Get commission
The first thing is to find the right products to promote on our blog. This is very simple, we have to choose products on our niche. Here, I am promoting web hosting on my blog. If you are writing a review of products, then it’s the best way to promote that product because every buyer read the review before buying something. It might be a possibility that they will read your review and will purchase the products from your blog.
Once you selected the products, then sign up for the affiliate program. Your application will get reviews by the expert affiliate team. It will take a few days for reviewing your request. They review your application based on various factors. Once they complete the background process, they will send you to email about the status of your application either approved or rejected. When your application approved then login to your dashboard and first complete your profile like update payment method and address etc. You will see the advertising banners, links in the dashboard, pick up the banner or links which are suitable for your blog space and place it on your blog. When interested users clicked on that links or banners and redirected to products site. If they buy that product, then you will get commission accordingly. Read this-
- Bluehost Affiliate programs and review
- Dreamhost affiliate program and my first blogging income with it
- How to earn money with Hostgator affiliate program?
Performance or sale tracking
When your Affiliate application approved then, you will get a unique Affiliate link in which your affiliate ID embedded. By using that unique ID, the Advertisers will track your performance or sale through this affiliate ID. Your Affiliate ID was embedded in your published ads code, so it’s easy for them to track your earning. You can track Affiliate performance in your dashboards.
Why Affiliate Programs?
As I told you above that Affiliate marketing is the best way to make money online. The affiliate program is the most efficient and least expensive monetization technique to make money online, so most of the blogger prefer it. Here are some reasons why every blogger chooses Affiliate marketing as their primary source of income.
- Free of cost- Affiliate marketing is entirely free of charge. You don’t need to pay for joining an Affiliate program.
- A sky is a limit for earning- You can make unlimited money from Affiliate marketing.No limit for making money.
- Global market- You can reach more people from around the world.
- No customer support- You don’t need to provide any customer support to buyers. It’s none of our business. Advertisers will take care of it.
- Easy sign up the process.
- You will get lots of Advertising stuff like banners, links, coupons, etc.
- Easy mode of payment ACH, PayPal, and others.
Commission Junction(CJ) and ShareASale are affiliate network where you will get thousands of Affiliate programs. When you join these two networks, you can search for several related products available for marketing on your blog. You will need to apply for each product individually again; they will review your application. Once approved, then only you can place ads on your blog.
Note- Affiliate marketing will be useful only if you have high traffic. Most of the visitors will ignore the ads. There might be some exceptions, but in most of cases, it works for high traffic.
Popular Affiliate Programs/Networks
At the starting of this blog, I had decided only one monetization technique, Adsense. As my experience about blogging goes on increasing, I learn new techniques to earn money through blogging. I heard about Affiliate marketing, and that day, I thought that this method would help to grow my blogging income. Indeed, the Affiliate commission is enormous compared to PPC(Pay Per Click) techniques.
If you have targeted traffic, then I highly recommend you join some affiliate programs. Here are some popular programs which I participated in and promoting it on my blog.
Last month I earned $47 from the Dreamhost affiliate program. This program has the highest commission rate of $97 per sale. In my case, the buyer applied the coupon of $50, so I only get $47.
Start promoting a product. You will get rewarded as much as you deserved.
Which product should you promote?
You can promote any products on your blog, but I recommend you to promote only those products that your blog is about. It means if your blog is focusing on blogging, then you can promote products related to Web hosting, Domain name, etc. As readers are reading blogging stuff, it means they are looking for some product they must be interested in the product. Here at ScrollBucks, I am promoting only Web hosting products.
Hope that you have understood all the concept of Affiliate Marketing. If you know more about it, then do share your knowledge with our readers. If you have any doubt regarding affiliate, then feel free to contact me.
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