As a blogger, you might have a good habit of reading articles on another blog.
I’m sure while reading articles on other site, you might have encountered a word called Affiliate Marketing. If you are a beginner at blogging then you should get familiar with this term.
Affiliate marketing is a technique which will help you earn better income without using Adsense. Adsense is one of the best source of income which we will discuss in the future articles.
Today in this post we will share the basics of affiliate marketing and all the details you need to know in order to understand how affiliate marketing works.
What is Affiliate Marketing?
Affiliate marketing is a very older term of marketing. It is very simple to understand.
If you refer someone a product and when that person buys the product by your recommendation then you will receive a commission.
Refer product to user –> User buys that product –> Service provider gets their sell –> You get some commission out of it
From older days till now, this method is working fine in the real world.
In blogging world , you need to deliver Digital or Physical product to the customer through the online store or website or blog and that’s what makes affiliate marketing interesting on how to deliver best tracking and affiliate strategy.
Commission could be from $1 to $10,000+ which depends on the product you are selling.
Take a look at this scenario:
- Online shopper like you and me decide to buy an item
- He lands on a affiliate site
- He is now redirected to the merchant’s site like
Amazon/eBay - The Shopper finally makes the purchase and the merchant rewards the affiliate for his effort
Let’s understand little more:
This going to be long reading but trust me it's worth reading.
In today’s market, every company wants to increase sell of their products. They use various strategy to promote their products like
- Advertising
- EMail marketing campaigns
- Affiliate marketing
- Banner advertising
- Online Ads
- + much more
Affiliate marketing is the best way to promote a product by online medium like blogging, domain, hosting, web application and much more.
The company will pay money to the person who actually gives sell to them. There are more chances that advertisement and email strategy might get ignored by people but you need to spend money for it whether it gives you sells or not.
Starting an affiliate program is a good way to start your affiliate program. It will give actual sell to company and company will pay to the person who has given them sell.
The company will not have to give training to bloggers or internet marketers for promoting their product. They just need to set up terms and conditions, privacy policy and commission ratio and inform to internet marketers. They will use and if the product is helpful then they will promote a product for the company.
Internet marketers and blogger will write articles and make videos regarding the product. If a reader buys that product after reading the article or watching a video then the company will give them a commission.
Every Affiliate program has Terms of service. For example, most of the companies offer 60-days cookie period for their affiliate link. Which means that if a visitor goes to their website with a special affiliate link, which they have provided to you so that they can find that which person have recommended their product to this user.
That link contains cookie which has validity of 60 days. So, the user which will go through this link to site’s landing or product page and buys something within next 60 days, you will be eligible to get the commission.
13 Common Terms associated with Affiliate Marketing
1. Affiliates
When Publishers like you who are using affiliate program links to promote and make sales.
2. Affiliate Marketplace
There are many marketplaces like Shareasale, CJ, and Clickbank, Amazon affiliate program, eBay Partner Network and much more. These work as central databases for affiliate programs in different niches.
3. Affiliate Software
The Software which is used by companies to create an affiliate program for their product, i.e. iDevaffiliate.
4. Affiliate Link
Special tracking link offered by your affiliate program provider to track the progress of your affiliate promotion.
5. Affiliate ID
Similar to the affiliate link, but many affiliate programs providers offer a unique ID which you can add to any page of the product site to track your progress.
6. Payment Mode
Different affiliate programs offer different methods of payment.
- Cheque
- Wire transfer
- PayPal
- Skrill
- Pioneer
- + more
7. Affiliate Manager/OPM
Many companies have dedicated affiliate managers to help publishers earn more by giving them optimization tips.
8. Commission Percentage
The amount or percentage you will be receiving in affiliate income from every sale.
9. 2-Tier Affiliate Marketing
This is a great way of making money from an affiliate program. With this method, you recommend that others join affiliate programs, and you receive a commission when a sub-affiliate makes a sale (similar to MLM or multilevel marketing).
This income is also known as a sub-affiliate commission.
10. Landing Pages
A product sales or demo page used for the purpose of increasing sales which includes features and plans of the product.
Most of the programs that you will be promoting have many landing pages.
11. Custom Affiliate Income
Unlike a generic affiliate account, many companies offer custom affiliate income to people making the most affiliate sales for them. It is similar to bonus income.
12. Link Cloaking
Most of the affiliate tracking links are ugly and long. Using a link cloaking technique like URL shorteners, Thirsty Affiliates, etc., you can turn ugly links into links that can be read and understood by your readers.
13. Custom Coupons
Many programs like siteground, flywheel, etc. allows affiliates to create custom coupons which are also used to track sales. Custom discount coupons help you to increase affiliate sales as well.
Whenever you see coupons or discount links, these are affiliate links, and when you go through it and make a purchase from that, webmasters make money.
I hope this beginner’s guide to affiliate marketing will help you get started with affiliate marketing. If you have any additional questions regarding affiliate marketing, feel free to ask me in the comments section below.
Would love to know what you think. Chime in and share it as a comment. Don’t forget to share this guide!The post What is Affiliate Marketing – Beginners Guide to Make Money from Affiliate Marketing appeared first on Crunchify.
Author: App Shah