The concept has always been if you have a site, you needed to sell something. But with this technique, it won’t matter if your site sells products, offers services and even if there’s nothing to sell. Affiliate marketing has the capacity to add value to your site and optimize revenue. Sounds impossible? Well, it’s not.
So what is affiliate marketing? How does it work?
Let’s say a new smartphone brand named X brand wants to market their product to the public. But despite its TV ads, campaigns, media and Internet exposure, X brand wants to sell more phones. So X brand sets a program that gives out a certain percentage of the sale when someone gets to sell them off their website. For every product sold, the one advertising it will get a certain percentage off that sale. That’s how affiliate marketing works.
Commissions range from 1% for some retailers and around 75% for technology-based products. As experienced by many, most companies using this type of marketing comes from the beauty and health and wellness sector, usually giving out an average of 30% earnings for affiliates.
How do you become a part of it?
Affiliate marketing usually comes with little to no cost at all. Most of the programs offered don’t have any pre-requisites or a criteria to be approved. One way to search for brands having this kind of program is to Google: Brand + Affiliate program. There are some companies that go for an affiliate network, an established network that has been in this industry with successful results.
How do you get started?
If you have a flair for writing, it’ll be beneficial in creating regular content, reviews and insights about a certain product you’d want to sell. Start with general ideas. For example, you’re into fashion. You might want to start with the basic fashion topics such as trends for 2014, upcoming fashion designers, runway hits and the list goes on.
You needed to focus your topic on the one product that you’re interested in and then write from there.
If you want to have a good start, you may want to apply for a credible affiliate program. Pick your choice of advertisers and choose your set of automated codes, a link or banner-type icons that lets your network manager update products off the company. This is a good strategy that attracts customers to purchase and updated with the kinds of products or services your site offers.
One way that affiliates also get to pull in sales is by adding SEO keywords in their content. This is a great tool to live with if you’re planning to be in this kind of business for the long haul. SEO integration will take practice, lots of patience and special skills that you can learn off from credible SEO experts. You will eventually reap the fruits of your labor once you’ve gained enough leads from the Internet to direct your audience to purchase off your site.
It’s not impossible to earn cash through affiliate marketing. Learning the ways of affiliate marketing may take some serious planning and setting up a basic affiliate campaign. Keyword researching, finding profitable associates, market niche and affiliate networks are just some of the factors that you’ll need to consider with this technique. Lastly, consider time and make the most of every learning opportunity to maximize your earning potential!