Affiliate Marketing Course For Beginners – Part 1
In this ‘Affiliate Marketing Course for Beginners – Part 1 we will learn about the following topics , which will enhance our knowledge before going to do hands on in affiliate marketing, so with out any delay lets learn these topics of Affiliate Marketing Course For Beginners – Part 1
- What is Affiliate Marketing
- How Affiliate Marketing Works
- Benefits of the affiliate marketing model
- How to find affiliate programs
What is Affiliate Marketing
In a very simple terms, affiliate marketing is a strategy of marketing in which one person recommends there person’s products or services either orally or online or by some other ways to the person looking for same kind of product or services or to the potential buyers and in return you will get rewarded as commission for every sale achieved from the customers or potential buyers.
Affiliate Marketing is more of a performance based marketing because it does require you to do some level of pre-sell. Although, the method of your pre-sell is entirely up to you! The product owner is the vendor or merchant while the affiliate is you.
Basically, you’re generating sales for the product owner in exchange for a commission that you get paid for each sale. Depending on the type of Affiliate Marketing you signed up for (Online or offline), you would surely have an affiliate link (URL) dedicated to you, or a unique referrer number (if you’re promoting offline).
Your affiliate link is what the vendor/merchant will use in identifying the numbers of people you’re sending to their website as potential buyers. Also your affiliate link is what you’ll be using to drive traffic to the vendor’s website
How Affiliate Marketing Works
To participate in an affiliate marketing program, you’ll need to take these five simple steps:
- Search a good Affiliate Program and join it
- Select the best offers to promote
- Get a unique affiliate link for each offer
- Share those links on your blog, social media platforms, or website
- Collect a commission anytime someone uses your links to make a purchase
Affiliate Marketing Commission rates vary dramatically, depending on the company and the offer. On the low end, you’ll earn about 5% of the sale but, with some arrangements, you can earn as much as 50%, usually when promoting a demanded product. There are also affiliate marketing programs that provide a flat rate per sale instead of a percentage.
Benefits of the affiliate marketing model
Affiliate marketing offers several benefits to affiliates, one of which is its ease. Your side of the equation simply involves handling the marketing side of building and selling a product—educating customers. You don’t have to worry about the harder tasks, like developing, supporting, or fulfilling the offer.
Affiliate marketing is low risk. Since there’s no cost to join affiliate programs, you can start making money with an established affiliate product or service without any upfront investment. Affiliate marketing also can generate relatively passive income through commission—the ideal money-making scenario. Though initially you’ll have to invest time creating traffic sources, your affiliate links can continue to deliver a steady pay check.
Finally, successful affiliate marketing offers the potential to significantly scale your earnings without hiring extra help. You can introduce new products to your current audience and build campaigns for additional products while your existing work continues to generate revenue in the background.
Before you get too excited, know that great affiliate marketing is built on trust. While seemingly there are an endless number of products or services to promote, it’s best to only highlight those you personally use or would recommend. Even when a product interests you or fits within an existing hobby, becoming a great marketer for that product takes a lot of work.
How to find affiliate programs
If you’re wondering how to get your feet wet in affiliate marketing, you’ve got a few options. Not every company offers affiliate programs—some businesses manage their own affiliate programs while others use an affiliate network.
An easy way to find affiliate programs is to visit an affiliate marketplace or platform. Browse your niche to find top performing affiliate platforms.
Another option is to visit the websites of the products and services you use and like to see if they have an affiliate program. Large companies often have programs they promote on their site, such as Amazon Associates or the Shopify Affiliate Program.
You also can take a more direct approach. Reach out to the owner of a great product you come across and see if they offer an affiliate marketing program. If they don’t, they might be happy to set up an arrangement with you, such as offering you a special coupon code to share with your followers. The best deals often are found when you’re the first to inquire and have a relevant distribution channel, such as approaching the seller of a new fitness product if you’re a health and wellness blogger.
Affiliate marketing programs will have terms of service you need to follow, so read the fine print. For example, your link usually will have a cookie with a specified timeframe, and some programs don’t allow you to purchase pay-per-click ads using the product or company’s name.
Affiliate Marketing Course For Beginners – Part 1
Affiliate Marketing Course For Beginners – Part 2
Affiliate Marketing Course For Beginners – Part 3
Affiliate Marketing Course For Beginners – Part 4
Affiliate Marketing Course For Beginners – Part 5
Affiliate Marketing Course For Beginners – Part 6
Affiliate Marketing Course For Beginners – Part 7
Affiliate Marketing Course For Beginners – Part 8