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Md MohiuddinMy name is Md Mohiuddin, born in “City of Nizams” (Hyderabad) India.
MBA Grad and Digital Marketing Expert by profession.
I am an avid Automobile enthusiast who loves traveling, hardcore food lover and  like to live laptop lifestyle.
I’m on a mission to create financial stability with multiple streams of income.
Do You Want to Succeed in Life? Master these traits – Focus, Commitment & Will.

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MD MOHIUDDIN

How to Earn Money from Affiliate Marketing – Basic Guide

How to Earn Money from Affiliate Marketing? The Big Question

How-to-earn-money-from-Affiliate-MarketingWhat is affiliate marketing, and can you make money from this? Do you have similar questions in your mind? If yes, then you’ve arrived at the right place. Here I’m going to tell you what is affiliate marketing and how to earn money from affiliate marketing?

We’re living in a digital age where everything is completely dependent on the internet. Be it selling your old items or buying a new one; you can do it easily with the help of the internet. When it comes to online shopping, Amazon and Flipkart are the most go-to sites for everyone today! However, not everyone is aware of the products available online.

So by cashing this lack of knowledge about products, you can start an affiliate marketing website and earn money. You’ll be shocked to know that your affiliate marketing is one of the fastest growing online businesses these days. You can easily make huge money with an affiliate marketing website.

In simple words, affiliate marketing means selling the products of a company or organisation in its way, through online promotion. When you sell the product of that company, you get a commission for it. This entire process is called affiliate marketing. Let me tell you that the trend of affiliate marketing has started ever since online product selling websites like Amazon and Flipkart came into existence.

How to Earn from Affiliate Marketing? The Process

If you want to earn from affiliate marketing, you need to understand how it works and how to earn money from affiliate marketing? Any product based organisation that manufactures and sells products has to do product promotion for revenue generation. It has to be advertised. When that product reaches the people, then only people will buy them, and all these things cost a lot of money.

That is why all e-commerce platforms launch their affiliate program and give people a chance to earn money. The e-commerce platform also provides you with a digital banner or affiliate link.

If you’re selling an affiliate product, you’ll have to share the link of that product or digital banner of that product on your website. And whosoever clicks on that link or banner, will be redirected to the e-commerce website and can buy this product from there. If the person places an order after redirecting from your website, you’ll get paid for it.

The entire affiliate marketing program is based on the commission. You can sell products from across the categories. However, the commission amount varies from product to product. For example, if you sell beauty or fashion-based products, you get a higher commission, while if you sell an electronic-based product, you get less commission.

Important Terms of Affiliate Marketing

Before you start making money from affiliate marketing, here’re some important things that you should know about it. You cannot understand affiliate marketing without having proper knowledge of the following.

  • Affiliate:Affiliate is the one who has joined the affiliate program with an e-commerce platform and promotes the product of that company through his blog or website or social media.
  • Affiliate Marketplace:The e-commerce companies that offer affiliate programs are called affiliate marketplace. They launch their affiliate programs and allow people to join them and earn like Amazon, Flipkart, GoDaddy, etc.
  • Commission:Well! As the term, itself refers that it talks about the commission amount that you earn by being a mediator between the customer and the e-commerce platform. Whatever product you sell, you get a commission amount for that, which is different for each product. However, the commission amount varies from product to product or platform to platform.
  • Affiliate Link:Without an affiliate link, you cannot sell any product. The product you want to sell has a unique link. And you have to sell the products through that link only. All affiliates are given a separate link. Each link has your ID, which is called the affiliate ID, which is different for every affiliate marketer.
  • Payment: So, we’ve talked about some important terms related to affiliate marketing. Now let’s come to the main point, that is, money! How will the money be received? Well! Let me tell you that the payment method is different for every company, but most companies pay you through bank or PayPal. Also, it is not that if you sell a product, you will get money hand to hand. No, it does not happen like this. You have to cross the payment threshold of that e-commerce platform to receive payment. Suppose there is a company that provides affiliate programs and the payment threshold of that company is $100, so whenever you sell a product worth $100 in your account, then you’ll receive the money.

How to Join the Affiliate Program?

To join the affiliate program of any company, you have to go to that company’s website. There are companies such as Amazon, Flipkart, eBay, GoDaddy, etc. that provide affiliate programs. First of all, you have to visit their website and find their affiliate program policy. Click on the option and gather all the necessary information. The site might ask to require your essential information like full name, address, country, zip code, email ID, mobile number, etc.

And whatever information it requires, you have to give it. There’s nothing to worry about sharing your information. This information will only help you to get the most suitable affiliate marketing programs. After that, you can create your account on that website. And later, by logging into your account, you can sell any product that is available on the website.

Many companies give you an opportunity to join affiliate programs with them. The most common ones are Amazon, Flipkart, GoDaddy, SnapDeal, eBay, etc. Well! I hope that this article was helpful enough, and you got the basic understanding of earning money through affiliate marketing. So, what are you waiting for? Jump in right now and start earning from this smart way of selling.

 

How to Succeed at Affiliate Marketing

How to Become Successful at Affiliate Marketing

Affiliate-Marketing

You might have heard about affiliate marketing, as it is a good source of earning a handsome amount if done smartly. It’s just that you need to take a deep dive into affiliate marketing before getting started. Unlike Pay per click (PPC) in which you are paid on a click basis, an affiliate marketer gets money only when a visitor performs some activities like filling the form for sales completion. Hence, payment is made only when you compel any visitor to perform any kind of action. So, are you ready in this freelancing gaming for adding thousands of dollars in your pocket? Continue reading if your answer is ‘Yes’ and know how to succeed at affiliate marketing.

Understand the Market and the Target audience

It is obvious that you should know about the product to be sold, but you should also know about your target audience. No on which platform your audience spends most of the time, and what is the age of your audience. Do research about the pain points of customers and how your product can address them properly. For example, if you have a fashion industry website, then your ads should be related to fashion apparel, beauty products, home décor etc. The more you are close to relevant products, the more will be the chances of sales conversion, and this is what you need! Hence, it’s better to emphasise on niche market instead of covering everything under one umbrella.

Your website is a resource for your target audience. Understanding your product and audience will allow you to come up with a catchy and creative content which can keep the visitors glued up with your website. You must have proper knowledge of the product before pitching it to customers as this will allow you to answer customers’ queries in a convincing manner. This will build a bridge of trust between you and customers, thus making them visit your website repeatedly and recommending it to their friends and families.

Embrace Change and Be Positive

You might be familiar with internet marketing, as most of us use the internet now. There is one thumb rule of internet marketing, the thing which was trending three months ago, may perish today. So, keep yourself updated. Be curious and learn something new about affiliate marketing daily. You might remember the banner ads, which was quite famous few years back for their giant success? Well! Now the online viewers don’t prefer these banners even though if they are relevant to their search. It is just because they don’t want to be bombarded several times with those ads. Being a successful affiliate marketer, you should know the customers’ choice and their nature.

Now, one more thing which is crucial for a marketer is to remain positive. Many people give up very soon as they believe in instant results. Be patient and rely on realistic expectations. Right from the beginning, keep an eye on your statistics and understand which strategy is working and which needs some modification. Make the desired changes, and you will start earning soon. Remember that you can’t become a successful affiliate marketer in one night, it takes some time, and you should believe in yourself.

Use all Marketing Modes for Product Promotion.

This is a key thing. Most of the marketers only put the ads on their own website, and they think that they are good to go. There is nothing wrong with this approach, but you should understand that there are other platforms apart from your website, where your audience love to spend their time. Grabbing their attention right there can be a smart way of product promotion. The more targeted traffic you can send to the sales pipeline, the more will be your chances of earning a lucrative amount. You can take help of Google AdWords for directing customers directly to the sales page. Make an ad in your AdWords account and mention your affiliate link in the page URL. It is obvious that you need to monitor the campaign continuously for ensuring that your campaign cost is not crossing the campaign profit.

You can also take help from social media. Most of us now are on social media and your target audience is not an exception. Target some popular social media sites and advertise your offerings there. Possibly you can grab their attention from these platforms and can make them fill the form for you.

Be ready with Powerful Content.

For knowing more about your offerings, visitors will read the content published on your website. Here is the opportunity to make them a fan of your products. Content has the power to convince the audience. A productive content talk about customers’ pain points and give them assurance of addressing them. Quality content speaks on behalf of you and contains relevant information desired by the audience. For instance, instead of mentioning only the list of beauty products, you can write reviews of each product which will compel the audience to click on the link and purchase it. Such small tricks related to how to succeed at affiliate marketing works well in today’s marketplace.

Sell Useful products

This is a very basic thing, which an affiliate marketer should keep in mind. Never try to sell anything and everything to customers; this will create a bad impression on them. Make sure that the products are useful to your customers. Remember, you have to build a reputation in the market. If you want customers to buy your product again and again, then become a one-stop solution among customers for availing the best product in your niche.

Don’t provide just a product to the customer; provide them a valuable thing. Spend some time and do deep market research regarding the products and its benefits to your target audience.

Bottom Line

So are you really interested in affiliate marketing? It’s an excellent source of adding a good amount in your pocket. Hope this article on how to succeed at affiliate marketing has answered most of your queries. Be smart to follow the above-mentioned tips, as you should have good market knowledge, before actually putting your feet in this profile. So, start doing the research work from today for becoming an expert marketer in the future.