is what this word means. Before telling it, answer yourself have you ever wished to earn money by sitting at your home comfortably and making money in a chilled environment without doing any drag-up work. Have you ever thought that you could earn money while sleeping? Everyone has considered it, but it’s next to impossible for them when they feel practical. But No, it’s possible, though, AFFILIATE MARKETING.
WHAT IS AFFILIATE MARKETING?
Affiliate marketing is the process where a digital publisher or website promotes an online retailer and earns a profit based on the sales or leads that the advertising generates for that online retailer. It is making a commission by promoting other people’s (or company’s) products. It is one of the best source of earning money.
HOW DOES IT WORK TECHNICALLY!
STEP 1 – Customer visit publisher website.
STEP 2 – Customer sees types of advertising banner/links and clicks through via tracking link. The customer will likely not realize they have used an affiliate link to reach the site.
STEP 3 – The affiliate network tracks the clicking, and a cookie is placed on the customer’s device to spot them as being referred by an affiliate network.
STEP 4 – The customer completes an online purchase.
STEP 5 – The advertiser fires the Affiliate Network’s tracking tag, which reports the sale to the affiliate network as there’s a cookie present.
STEP 6 – The Affiliate Network reports the sale to the advertiser, and they pay the agreed commission for that sale
STEP -7 The Affiliate Network pays the commission to the publisher as a reward for generating the sale.
AFFILIATE TYPES
REWARD SITES – This kind of affiliate derives sales by rewarding its customer through a share of profit earned by its advertiser. If given a competitive offer rewards sites can generate significant volume.
CONTENT SITES AND BLOGS: These websites often focus on a niche interest and feature unique content. E.g.: – product reviews, blogs etc.
COMPARISION WEBSITES: – These websites often specialize in a distinct segment interest and have unique content. e.g.: – product review, blogs etc.
RETARGETING AFFILIATES: Affiliate targets most typically through tags on the advertiser site and tries to re-engage with consumers who haven’t completed their purchase.
PPC AFFILIATE: – A PPC affiliate is a search specialist who drives traffic to an advertiser’s site by bidding on relevant keywords via a custom-built landing page.
Voucher and deal site: These types of sales are generated by offering users a discount code that can be redeemed online against their purchase.
Social affiliates: These affiliates work via highly targeted posts on social networks or sponsored tweets, which can help drive awareness and generate needs.
NOW THE MAIN QUESTION ARRIVES HOW CAN YOU MAKE MONEY THROUGH AFFILIATE MARKETING?
The answer is that we are going to make affiliate website in 5 easy parts.
STEP 1: Pick a Topic for your website
Choosing a topic is a critical task for being successful in affiliate marketing. If you want people to follow your recommendations and buy the products that you recommend, you need to talk about one particular topic or area. It can be anything, but it needs to be around one specific area. This is important as it will help you be seen as an expert or a knowledgeable person on that topic.
STEP 2: Launch a website on the internet
- Firstly, we will add all of our content and also we will add our affiliate links to promote the products that we want.
• Once you launch your website, your site will be live on the internet and can be accessed by anyone, and your website will also have the ability to be found on google. So that people can see and read your content.
• To Launch a website: –
Pick the name of the website
Get a domain name and hosting
STEP 3: Change the design of your site
To change the design of the website, we need to do two steps
Step 1: – Login to your website
Step 2: – Install a theme for your site
STEP 4: Start adding content to your website
• Start writing a post that will be counted as a content
Note: – Don’t write about a random topic because it is likely that people may not be searching for that topic on google.
• Choose a topic; for that, you need to research what people are searching for related to that topic. (Basically, Keyword finding)
• After deciding, we need to find the exact keywords people are searching for. You need to find out what trending keywords are related to that product or services people use to search.
• For keyword research, many tools are there, such as Keyword.io, ubbersuggest, Keyword sheeter, and Ahrens keyword.
• Create content after keyword research.
Part 5: – Add the product that you want to recommend to your post or content
Add the product that you want to recommend to your post that you want people to go through your website to buy that product.
Steps to add our product are: –
• Choose the product you want to recommend
• Add product to your blog post
• Apply for the affiliate program (you can apply on amazon, Flipkart etc. for such program)
• Add our affiliate links to the product recommended on our blog.
• After setting up everything now. Whenever any customer comes to your page to read a blog, they will see links connected to other websites, and if they click on that link, you will get a referral code that directly leads you towards generating income.
But make things possible, you need to keep some essential points in mind that are: –
1. High-quality content: – You need to make very high-quality content. Content that is very relevant to your niche is based on audience demand.
2. SEO: – You need to perform SEO quite well so that it can rank on google, and automatically, people can start coming to your website.
3. DA and PA – scores should be charming, between 50 – 60, so that people and Google believe that your website is authentic.
IN WHICH FIELDS CAN AFFILIATE MARKETING BE PERFORMED?
Banking, Travel, E-commerce. Real estate, Dating, Education, Telecom, Gaming, Health and Fitness.
CATEGORIES OF AFFILIATE PROGRAMS
A) INCENT BASED: – Incent-based affiliate programs are those when an advertiser is allowed to give incentives to prospects for getting the conversion. However, companies may approve only certain levels of stimuli that can be given. General Incentive include: –
Cash Back
Discount Coupon
Free Gifts
B) Non–Incent Based: – Campaign where you are not allowed to give incentives of any kind; you are given the landing pages and ads that can be posted on your website or email formats, and you have to use the same content to generate conversation.
CHOOSING THE RIGHT AFFILIATE PROGRAM: –
PRODUCTS: – Every affiliate program must have some product to sell. These products may be the physical products that require delivery or some e-products which require instant downloads after the online payment. A good affiliate program must offer a wide range of products and services to the affiliates to choose from. The program that has the smallest number of products should not be considered. Such programs are not regarded as strong and can collapse at any time due to a financial crisis.
BACKGROUND OF COMPANY: – Try to learn as much as possible about the track record of the affiliate program you are considering joining. It is straightforward to do this. You can use a search engine/google for this purpose. Just type the name of the affiliate program, and every one available information on the web on this affiliate program are going to be ahead of you. Also, see the testimonials presented on the program’s website an appearance for the amount of years it’s been in business. Avoid the new companies.
Affiliate Support: – If you are an affiliate and want to join an affiliate program, always see if they are willing to provide you good support because you may face some difficulty during your business. If you cannot get proper help, it can waste your time and money. Check to see if they have some affiliate managers or support phone numbers. Before selecting a program, try to make a call on that number.
Payment terms: – This is again a critical point because the ultimate objective is making money here. Enquire in detail and receive the document in writing to check payment terms.
Time-based payment: – weekly, Fortnight, Net30, Net45, Net60
Amount Based Payment: – After reaching a fixed threshold, say $100
5. Payouts: – How much you will get on each conversion, and how much is the difficulty level involved in achieving a conversation. Sometimes companies might offer you about five times payment for getting a conversation but go into detail to see the product landing page and its product. Because it might be tough to promote it, you might be left with no conversation. It’s better to create a mix of visit, lead, and conversation-based campaigns to reduce the risk of losing out on everything.