Affiliate marketing is one of the easiest ways to make money on the Internet. Almost all the sites that sell a service or products be it physical or digital generally provide an affiliate account, through which you can start your affiliate business absolutely for free.
Let’s understand the concept affiliate marketing with an example,
Suppose you have an affiliate account with Amazon and you are a blogger or someone who is active on the internet, and you have recently purchased a pair of shoe from Amazon which you really like.
Now, you want to promote this product to your fans and followers. For this, you can make a unique affiliate link which will redirect any user to that product page.
Now if anyone clicks on the link and makes any purchase then you will get a commision depending on the price and the commision rate of that product.
So, in simple terms its a kind of referral business where you promote a product or a service and in turn, you get a commission every sale that you make.
How to start an affiliate marketing business?
It’s very simple, the best way to start an affiliate marketing business is through your own website.
The first thing that you need to do, register for an affiliate account.
Now, there are many websites that offer an affiliate program to its users.
Some of the popular affiliate marketing websites are:
You just need to register in any of the websites, it’s completely free and you are ready to fly.
Now, you have an affiliate account and the next thing is to select a product that you want to promote. Make sure that the product that you are selecting is related to the content. If its a review than select the exact product that you are reviewing.
Create the affiliate link to that product. Now you can start promoting that link.
If someone buys a product from that website then you will get a commision on it.
Why websites provide affiliate links?
The answer is very simple, this increases their sale. If someone is buying from your link then this means that you are directly increasing their reach to potential customers. This is a win-win situation.
How does affiliate marketing work?
When you create an affiliate link to any product you get a customized link which has your affiliate id in it. When someone clicks that link he/she get redirected to that product with your id.
When the products page opens then a cookie gets passed to your web browser, this helps the website to identify your affiliate id even if the user who has clicked on your link is not buying that particular product.
Because of this cookie, you get your commision even when your referred user is not buying that particular product which you have promoted.
What are the advantages of affiliate marketing?
The best thing about affiliate marketing is it is completely free of cost. You don’t have to invest a single penny to start your business.
To start this business you don’t have to have an inventory, no shipment, no delivery problems.
The sky is the limit, there are so many products that you can sell to such a huge audience i.e internet.
Few things that you should know before you start,
First, Every affiliate program has its own TOS like the cookie saved period can be between 24 hours to 60 days. If someone makes any purchase after the time is over that you will get no commision.
If the user changes the browser like first on google then on bing then you will not get any commission.
If the user clicks on some other affiliate link which is not your then you will not get any commission on any purchase made by the user.
Second, The commision varies on the product and the website. A direct affiliate like Amazon Associates is like to pay more than an affiliate program aggregator like click2commision.
Few things that I don’t like about affiliate marketing.
There is a lot of competition among the affiliate marketers and over that consumers are more and more willing to compare the price of the products and its specification so if you provide product and service comparing content then you will deal with a tough competition.
Few tips to start your affiliate marketing business.
Make a very niche site. A niche site will have a very specific audience this will increase the chances of a sale.
A video on your site will increase the audience engagement which will turn help you to make a sale.
Choose your product very carefully.
Make sure that you share your real experiences this will help you to build the trust.
If you affiliate link looks ugly make create a customized link with your domain which will help your audience to recognize the product that it will redirect to.