What is Affiliate Marketing?

*Affiliate marketing simply means way of Referring a product or services to a customer and Earning a Commission for it.

*Affiliate marketing is a marketing scheme in which a company compensates affiliate partners for business created from the affiliate’s marketing tactics.

Affiliate Marketing
Source: DigitalDeepak.com

* Affiliate marketing is system of referring a customer  to a business and earning commission for it

* In offline world Manufacturer will manufacture the product Then it goes to Distributor, distributor will distribute to wholesaler, then it will reach the Retailer through wholesaler. Customer will buy the product from retailer.

* Retailer make most profit because they are the closest to customer.

* Any one who bring in a customer is rewarded with a huge margin. Because marketing and acquiring a customers is biggest costs of any business.

Affiliate Marketing is one of the ways of generating a Passive income.

Who can do Affiliate Marketing?

Source: Facebook.com
*a person who wants to Earn Money Online, But don't have a product to sell can do Affiliate Marketing By Promoting Other's Product and Earn Commission For it.
* people who also looking for a side hustle can invest their time in Affiliate Marketing. 
*There is no investment involved in Affiliate Marketing. The only thing you need to have is Pc or Laptop with a Good Internet Connection.so it is easy for anyone to do it.
* yours's only investment is time and energy.


interesting stats on affiliate marketing
* 81% of affiliate marketer and 84% of content publishers in the US use Affiliate marketing as one of their revenue generation sources. (Forrester report by Rakuten).
* Amazon associates has 1,000,000+ affiliates on it’s platform
* ShareASale  has 700,000+ affiliates on it’s platform
* Awin has 205000+ affiliates
* Click Bank : 100,000+
*  According to Statista, affiliate marketing spending in the U.S. alone is expected to reach $8.2 billion by 2022
* 85% of online shoppers check Google for information before making a purchase
this is where affiliate reviews, comparisons, and tutorials get their chance for conversion.
* 81.4% of affiliates promote B2C products or services.
* The remaining 18.6% focus their efforts on B2B products and services.
*  Content and blogs generate almost 40% of affiliate publisher commissions in the U.S.
* Based on the Forrester report, 71% of U.S. affiliate publishers belong to 3 or more affiliate networks. Only 6% work just with one affiliate network. 
 * 35% of affiliates make at least $20K in annual revenue from their affiliate marketing efforts.
* 85% of online shopper check for review of  the products before buying it.








How to do Affiliate Marketing

  • To make money with affiliate marketing, the first thing you need is a website.
  • Find your Niche.
  • Find and Sign up For Affiliate Program
  • obtain link for your Product
  • Create a Content on Your Blog
  • Share those links on your blog
  • Write a Review about Product Or Services on Your Blog.

How much Affiliate Marketer Earn?

Source: Facebook.com

Earnings of Affiliate Marketers Depends on the Product They Promote

  • Top affiliates and influencers make over $100k a month From Affiliate Commission
  • Middle-class affiliates make anywhere between $1k to $10k a month.
  • New affiliates who are generally Getting Started have ZERO affiliate earnings.
  • Usually, Affiliate Marketer Who is at beginning stages takes time to Earn their 1st Commission

How to find Profitable Niche For Affiliate Marketing?

Finding a Particular Niche is one of the toughest Jobs for Every Business.

steps to find Profitable Niche

  • Find People’s interest
  • Evaluate the Size of Market
  • Evaluate Competition
  • Choose a Narrow Market rather than a Broader Market

Finding a Particular Niche is one of the toughest Jobs for Every Business.

Blogging For Affiliate Marketing

Blogging is one of the important ways to do Affiliate Marketing

Every Affiliate Marketer Used to Have a Websites

Many of the affiliate marketing websites are spread over a number of categories

You can setup your websites based on Following categories

  • Fitness and Health (you can fitness related tips and promote Fitness & Health related Products)
  • Education (Provide Education Consultation)
  • Financial (stock market, cryptocurrency, insurance)
  • E-commerce
  • Sports (you can Review Sports Product on your site)
  • Parenting Tips ( you can Provide Parenting Tips to your visitors On your Site)

Important Tools For Affiliate Marketing

  • WordPress
  • SEMRush (Keyword research)
  •  Ahrefs ( Keyword research, Page Audit, Backlink, Competitor Analysis)
  • Grammarly ( used to correct the Grammatical errors and spell checkers. it is useful for those who publish Content on their websites)
  • Google Analytics
  • Google AdWords
  • Convert kit ( used For Building Landing page, Broadcasting Email, Email Marketing)
  • Instapage  ( used for Building Landing page)
  • ActiveCampaign ( Email Marketing Campaign)
  • Canva ( online Design made easy)
  • Google Search Console ( used for Checking Organic Traffic)

Best Affiliate Network

ShareASale

This is a Chicago Based Affiliate Marketing Network. ShareASale was founded in 2000 by Brian Littleton, and to date has over 3900 merchant programs hosted on its network platform. ShareASale is primarily targeting small and mid-size merchants. ShareASale is among the largest affiliate networks in US .  ShareASale has over 700,000 affiliates and more than 86% of affiliates say they are a member of the network.

Amazon Associates

The Amazon Affiliate program, also called “Amazon Associates,” can be an easy way to monetize your website or blog. if you Have an Website you can easily join this program and start promoting their Product on your site By Simply Placing Amazon affiliate links. When someone makes a purchase via your links, you get the commission.(Source- Wikipedia)

CJ Affiliate

 formerly Commission Junction is an online Advertising company owned by  Publicis Groupe operating in the Affiliate Marketing industry, which operates worldwide.(Source- Wikipedia)

ClickBank

ClickBank is a global internet retailer and affiliate marketplace. ClickBank was founded in 1998 and is privately-held. The company has more than six-million clients worldwide which secured it in becoming the 87th largest Internet retailer in North America.ClickBank is a subsidiary of Keynetics Inc., one of Idaho’s largest privately held technology companies. The company has headquarters in Boise, Idaho.

JVzoo

it is one of the Affiliate Program where You Can Promote SaaS (Software as a Service) Product . JVZoo develops a SaaS-based online sales and marketing solutions for businesses. JVZoo was founded in 2011. JVZoo’s headquarters is located in Oviedo, Florida.

Advantage of Affiliate Marketing

  • Affiliate Marketing is low Risk
  • There is no investment involved
  • Easy to join a Affiliate Program
  • You can Earn money While Sleeping
  • An affiliate marketer enjoys the luxury of being his own boss and work on his own time. He can work only for a few hours or more and generate income 24/7 wherever he may be located in the world.
  • Manufacturer can gain customers without spending valuable time in searching for them.
  • Getting a Customer For Product is difficult, this is were Affiliates Plays a important Role

Conclusion

Affiliate Marketing Is an Interesting Business Where You can Earn Passive Income at a Comfort of Working From Any where. your only investment is your Time and Energy. if you like this Content Please Comment Below