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How Do I Begin Affiliate Marketing? by Nobody: 5:55pm On Jun 02, 2021 |
Well, if that is your question, here's a guide to get you started with affiliate marketing and hopefully earn via affiliate marketing. As a bonus it's written in clear, simple and easy to understand terms. But first. What is affiliate marketing? affiliate marketing as defined by Pat Flynn " is the process of earning a commission by promoting other people’s products. You find a product you like, promote it to others and earn a piece of the profit for each sale that you make. " * scenarios representing affiliate marketing Ǐ scenario a Joe: I want to sell my benz, John: which benz? Joe: this new one John: oh, I can help you sell that car Joe: oh yeah, $500k is my price John: I will take 10% of the money. Agreed? Joe: no problem, just make the sale. Ǐ scenario b You show an ad or a link for shop 90 on your website/blog, or social media. A customer clicks your unique link. The customer makes a purchase in shop 90. The affiliate network records the transaction. The purchase is confirmed by shop 90. You get paid a commission. The above scenarios show how affiliate marketing works. You get a product, sell it and get a commission. This products could be digital or physical products.
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Re: How Do I Begin Affiliate Marketing? by Nobody: 6:06pm On Jun 02, 2021 |
Types of affiliate marketing: ● unattached affiliate marketing; you promote products that are not in your niche, this is usually done via pay per click or search engine marketing campaigns. Google ads and social media ads are often used in carrying out promotions. This type of affiliate marketing doesn't require content creation or going through the trust building process with your audience, just creation of ad copy(ies). ● related affiliate marketing; just as the name implies, you promote products that are related to the your niche. Those involved in this kind of affiliate marketing do not necessarily use the products or services they promote. This is done via banner ads and links related to their audience. ● involved affiliate marketing; simply put, you promote a product you have used and are confident in it's quality. Involved affiliate marketing requires the buildup of trust between you and your audience. This type of affiliate marketing suits content creators such as youtubers and bloggers. Products are promoted via content the affiliate puts out. Parties involved in affiliate marketing; ♤ the merchant/network ☆ the affiliate ◇ the customer ♤ the merchant/network This is the creator of the product who puts the product up for sale. It can be a big company or an entrepreneur. The merchant can run his affiliate program or instead list his product on the platform of an affiliate network such as JvZoo or Amazon. you can take on the role of a merchant, partnering with an affiliate network to place your products on the network for a stipulated fee, amazon is an example of a network that offers this. 2 Likes
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Re: How Do I Begin Affiliate Marketing? by Nobody: 7:22pm On Jun 05, 2021 |
◇ the customer The customer is king in the affiliate marketing system. He makes the purchase that enables the affiliate program function without the customer, the affiliate will not earn commission. your role? Here you are called the affiliate or publisher, you act as a promoter, you earn per sale, but some affliate programs can reward you for leads, free-trial users, clicks to a website, or even getting downloads for an app. It all depends on the affiliate program you join. Your affiliate earning percentage can be low as 10% or even high as a 100%. ☆ Your job basically: to bring a customer! Who should I sell to and what product should I sell? This question is also called Niche. This is a vital question to answer before you can begin affiliate marketing as it shows you who you will be selling to and what you will be selling. With that in mind if you sell health products your marketing focus will be aimed at potential customers in the health niche. Picking a niche is an important step in affiliate marketing, so take your time to decide! Alot of affiliate programs are free to join, so you don’t have to worry about signup fees. If done properly, this performance-based opportunity can make you money while you sleep. What to sell? a variety of products such as; drones, virtual reality, 3d printers, phone accessories, hoverboards, gym equipment, fashion, gaming, pet-grooming, baby care, digital courses and learning material, office accessories, gardening equipment, kitchen equipment, computers and accessories and a whole lot!
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Re: How Do I Begin Affiliate Marketing? by Omobola121(f): 9:25pm On Jun 05, 2021 |
Thank You. |
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