What is Affiliate Marketing? [How to earn from affiliate marketing]

AFFILIATE MAKETING: WHAT IS IT?

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.

Affiliate marketing is one of the oldest forms of digital marketing wherein you refer someone to any online product and when that person buys the product based on your recommendation, you receive a commission.

This commission varies from $1 to $10,000 depending on what product you are promoting.

Here is how affiliate marketing works in 4 simple steps:

1. You join an affiliate program
2. You pick a product to promote (You will get a unique affiliate link)
3. You share the link via Social media, Blog, YouTube videos, Facebook ads or any other form
4. When someone makes a purchase, you earn a handsome affiliate commission.

Many online companies who sell products such as shoes, web-hosting spaces, or some other service, usually offer an affiliate program. 

You can simply sign up for the program and get your unique tracking link. Now, whenever you are writing about their product, you can simply use this special tracking affiliate link to recommend the company’s site.  If your readers/traffic buys anything by clicking your affiliate link, you will get a commission.

How to Start Affiliate marketing for beginners:

You can get started with Affiliate marketing in many ways.

Here are a few that you can pick from:

• Create a blog and use it to promote a product
• Buy traffic from Facebook and drive it to the landing pages.
• Create a YouTube channel and promote products
• Create an email list by creating a mini-website
• Via Podcasting
• For companies offering an affiliate program, this is one of the best ways to receive free promotion, thus saving substantially on advertising.
• For example, whenever you see coupons or discount links, most of the time these are affiliate links, and when you make a purchase, webmasters make money.
• Every affiliate program has a set TOS.
• For example, payout condition, cookie policy and so on.
• Let me explain cookie policy as its intermediate level topic but will give you an idea about the possibilities of affiliate marketing.
• Many of the affiliate product offer 30-150 days cookie period, which means that if a visitor clicks your affiliate link to land on an affiliate product, now even if they don’t buy anything immediately, but re-visit the site in next 30-150 days, you will earn an affiliate commission.

In Delhi, Affiliate marketing is gaining popularity day by day. Business owners are now adding Affiliate Marketing to generate their additional income. They are earning a huge amount of profit from it.