Affiliate Marketing (In detail)

 Affiliate Marketing 



Digital Skilsets: Affiliate Marketing

Content 

  1. Introduction to Affiliate Marketing
  2. How does affiliate marketing work?
  3. Types of an affiliate marketing
  4. What are the benefits of affiliate marketing?
  5. Where to promote affiliate products?
  6. Which product is best for affiliate marketing?

  Introduction
  
 Affiliate marketing is an advertising model in which a company compensates third-party publishers to generate traffic or leads to the company's products and services. The third-party publishers are affiliates' and the commission fees incentivize them to find ways to promote the company.
 In simple words, affiliate marketing involves referring to a product or service by sharing them on social media platforms (Facebook or Instagram), on a blog, or website. The affiliate earns a commission each time when someone purchases the links that they have provided on any platform. 



How does affiliate marketing works?

To participate in any affiliate program, you need to follow simple steps:
  
  1. Find and join an affiliate program
  2. Choose which offer or product you want to promote
  3. Obtain a unique link for each product 
  4. Share those links on your social media platforms or website 
  5. Collect a commission anytime when someone uses your links to make a purchase 
 Commission rates may vary, depending on the company and the offer.



Types of an affiliate marketing program

There are so many affiliate program platforms that provide different commission rates depending on the company and its offer.

I knew a few affiliate marketing programs that will provide better commission, the companies name are listed down here:
(I have listed some company names but I am explaining the Amazon affiliate program in which I am familiar and mentioning their commission rates)

  1. Amazon Associates

It is the largest e-commerce brand in the world. You just have to sign up with your existing Amazon account in Amazon affiliate program. you will see stripes on an amazon site called Amazon Associates Sitestripe where you can generate links for your affiliate to provide your traffic.

      the amazon associates program helps content creators, publishers and bloggers to monetize their traffic. Amazon associates provide up to 10% commission to every affiliate accout and this varies individual, not on total price.   


  For example: if you are buying a phone up to 20000 rupees then you will get 10% of that amount and its 2000 but you can't buy from your own account , if you want to buy you have to use another Amazon account because you will not get any commission from Amazon affiliate account.

I'm also a member of an Amazon affiliate here is my link:

       Amazon



2) Flipkart

Flipkart is also amongst the largest e-commerce in india. The referral payiut differs for desktop websits and mobile apps.

The averge commission offeresd ranges from 6% to 20%, depending on the category.


3) DGM India

           Its India's leading digtal ad network. You can join as an affiliate publisher and select the campaigns you want to partner with to start earning money. 

The average commission yo earn varies from campaign to campaign.

  4) vCommission

 vCommission is among India's oldest affiliate networks with over 18,000+ affiliate.

   vCommission works with leading e-commerce companies namely., Myntra, Snapchat and AliExpress. The minimum payment threshold on the platform is Rs 5,000/ $67.37(as per 27 june 2021), and the platform pays publishers on a 30- day cycle.

 

 

 What are the benefits of affiliate marketing?

Affiliate marketing is low risk. There's no cost to join affiliate programs, you can start making with an established affiliate product or service without any upfront investment. Affiliate marketing also can generate relatively passive income through commission.

Though initially, you'll have to invest time creating traffic sources, your affiliate links can continue to deliver a steady paycheck.

You can introduce new products to your current audience and build campaigns for the additional product while your existing work continues to generate revenue in the background.


Where to promote affiliate products?

There are so many ways to promote affiliate products. It's based on the resources available to you. Here are some platforms to promote your links: 

  1. Run social media campaigns
  2. Use blogging to educate your audience about the products
  3. Use your social accounts/ pages to create micro-content about the products
  4. Add banners and buttons to your channel.

Which product is best for affiliate marketing?

The best product for affiliate marketing changes with market trends. Look for the products that people are actively looking for or purchasing at the moment.

Here are some popular products that are better for affiliate marketing:

  1. Fashion and Apparel
  2. Fitness product or accessories
  3. Car Accessories
  4. Health and Wellness Product
  5. Pet  Product
  6. Backpacks
  7. Phone Accessories
  8. Bike Add-Ons     

                

You can connect to my page on Facebook, Instagram, and Twitter.

Here are some links:

Affiliate link: https://amzn.to/3hbqmgg

Facebook: 

  1. Amazon deals
  2. Digital Skilsets 

Instagram: Digital Skilsets

Twitter: Digital Skilsets

 

 

  

Comments

Post a Comment

Popular posts from this blog

Social media marketing (SMM)

ON-Page SEO (In Depth)