Working from home and earning loads of money while you are sleep, this is a dream of most of the people, isn’t it? but yes dreams come true. Affiliate marketing is the answer to your dream.
If you are interested in Affiliate Marketing? And want to work as an affiliate marketer? Here is the complete guide How to start affiliate marketing and how to earn with it while sitting at your home and working from your comfort zone.
If you have a website and great content writing skills then Adsense and other advertising platforms aren’t the only options you have to earn online. Affiliate marketing is also a good way to earn money online.
Today we will describe it how.
First, we need to understand what is Affiliate Marketing? So let’s dive in to answer the first question
What is Affiliate Marketing?
This is a beginner guide of Affiliate marketing so we will keep things easy and understandable.
The basic and simplest definition of Affiliate marketing for our young affiliate marketers is
“Show or display anyone else’s products on your website or on any other medium and if someone buys that products you will get a commission”
Or in other terms
“Convincing your readers to buy a specific product and if they do, you will get a commission”
The best definition of Affiliate marketing is given by Pat Flynn of passive income
“Affiliate marketing is the process of earning a commission by promoting other people’s (or company’s) products. You find a product you like, promote it to others and earn a piece of the profit for each sale that you make.”
Isn’t it easy to understand?
There will be many questions popping out in your mind about how it works and who will give us a commission and other related questions. Don’t worry read along, hold your nerves and everything will be crystal clear.
So the next most asked question is “How affiliate marketing works”
How Affiliate Marketing Works?
Let me give you a little understanding of the process for beginner affiliate marketers.
The first thing is you need to register for any affiliate program. You will find many I will be sharing a list of all the best affiliate programs.
So when you will join the program you will get a referral link, all you need to do is to convince your readers to go through that link and.
Every time your link is being clicked, it will call a cookie. Through cookies, the merchant can track who is coming through your link and keep track of your records. If anyone buys through your link you have a commission.
The third question to answer is who is involved in affiliate marketing. The answer is below.
Parties involved in Affiliate Marketing
There are 3 parties involved in the whole affiliate marketing circle
- The Merchant:
The most important party is a merchant. There are the different names of merchants like the seller, Affiliate companies, retailer and vendor. The size of the merchant depends, there are few giants like Amazon, Ali express. And there small merchant like Mariah Coz who sells courses to female entrepreneurs.
- Affiliate Marketer
Affiliate Marketer is also known as the publisher. This is the one who publishes products on his website and convinces people to buy that specific product.
The convincing part is called marketing where you are engaging customers of the product and telling them about the pros and cons of the product and guiding them what they should buy and what is not suitable for you.
No Sales No Party! Consumer plays an important role in Affiliate marketing because without sales there will be no commission.
Most consumers don’t even know that they are part of an affiliate program but they are important.
Choose Product for Affiliate
You must now determine what brand you want to support. Affiliate products fall into three different types, called Physical Products Information Services, which should be discussed in detail in the following products and services.
1. Affiliate for Physical Products
Virtual goods are very easy to promote with Affiliate Marketing because only Amazon and flip kart are one factor.
You need to participate in the Amazon membership program, and once you enroll you can find a link for any item on the web site and receive a discount on it. Amazon and flip kart are one of the world’s best and largest members ‘ partner programs.
The Amazon affiliate program registration page for India: https:/affiliate-program.amazon.in/Other countries: https:/affiliation-program.amazon.com/ the flip kart membership program connection you can use is the Flip kart affiliate program link.
With physical products, you face a problem. In this situation, the Physical Products Commission’s rates are very low because of different factors (fabricating, wholesaling, shipping, etc.).
The Associate Program Marketing Fee Policy for India can be reviewed and prices for the Amazon affiliate program can be checked for other countries.
2. Affiliate for Information Products
The 2nd product is an information product which is not Physical stuff.
This is usually something created us like bloggers, marketers or author that teaches you how to do something. For instance, I’m teaching you but this is with any Affiliate Link.
Benefits of Information products to promote:
Information products are mostly higher in price maximum time, which means higher commission.
A Trusted Person behind it with build trust to customers.
Provide a full solution to a problem or provide a solution that your readers are looking for.
How to join: There is no precise place to join with Amazon or flip kart, as you could. In particular, you have to talk to the writer directly or search their brand website for an “affiliation” page. Provision of information products usually range from 30% to 50%
3. Affiliate Marketing for Service Products
The third and final item that can be advertised in your blog is Services. It’s a lot for me due to the nature of what I’m talking about. Weren’t you aware?
My company (Blogging) does not work without a template, plugins, and e-mail applications, etc. They also have the software Affricates with the major board.
When I endorse these services, above all, I will sell services because I enjoy and use them personally.
Provisions of services may typically be provided between 15 and 30 percent, depending on what they are.
List of Best Affiliate Programs for 2020
1. Amazon Associates
When it comes to online marketplace Amazon without any doubt is the king of all online stores. If you are looking for the answer to what is the Amazon Affiliate program? Here is the answer. They have the best affiliate program as compare to all other online stores. They provide more commission as compare to other affiliate networks and the best thing is that they have a variety of products. Every single thing you can think of is available on Amazon so you get the variety of products to start off your Affiliate Marketing career. The only lacking point of Amazon is they have very fewer payout options. Their payout options include
- Bank Transfer
- Amazon gift cards
If they can add different digital platforms for a payout that would be great.
The affiliate program of Amazon is a good place for beginners who are just starting affiliate marketing.
2. Share A Sale Affiliate
Another best affiliate program is to share a sale. They have been in this affiliate business for 7 years. It means they are famous and working professionally. Share a sale also have a large variety of products for their affiliate program. You can choose any of the products of your interest and kick-off as an affiliate marketer. It is also a good option to consider for Affiliate
3. Click Bank
It is somewhat similar to share a sale. You will get so many merchants to choose products. Having so many options increases your chances to select the best and low competition niche (Topic) for your program. Their payout method includes Payoneer as well. It’s a good sign rest they have conventional payout method.
4. Lead Pages
A lead page is an online tool that allows creating landing pages to get the required information easily. It is one the highest paying affiliate program but it is only open to the lead pages customers for others it is of no use.
Another popular affiliate program is Bluehost. Bluehost is a Webhosting program and actually a very good web hosting provider. Their prices start from $2.65/month for one website program. It easy to convenience users for buying a product that has minimum costs. While selecting an affiliate program try to find a good company it will benefit you in the long term. The Bluehost is a very old web hosting provider and its prices and service market competitive.
Read More: How to earn money online