Have you always wondered how affiliate marketing works?

And how you can use affiliate marketing to significantly boost your brand revenue in a short time?

In this post, I'll be explaining to you what affiliate marketing is all about, the four crucial components for a successful affiliate marketing campaign...

..tools needed for affiliate marketing, and the whole process behind running an affiliate marketing campaign.

What is Affiliate Marketing?
It is a form of digital marketing involving a brand (Owner) paying commission to another brand (affiliate) for advertising and referring the merchant's product to an end user (customer).


The 4 Crucial Components of A Successful Affiliate Marketing Campaign

1. The Owner: This is the brand that has a specific action to be advertised.
This action can be to buy a product, sign up for a course, hire/use a particular service, subscribe to a website or email list and so on.

The Owner can be a company, agency, freelancers, or even a random person that just wants to easily generate customers for a particular campaign.

2. Affiliate: This is a third party brand that helps you, the owner advertise through its channels, helping you generate traffic.
The affiliate recieves an agreed commission for every successful "action" taken by the customer.

3. Affiliate Network: This is a very crucial component of the whole process. It helps connect the Owner and the affiliate.
It helps setup, automate and track the whole affiliate process.
It doesn't connect you to just any affiliate, but allows you to check the relevance, channels used to promote, earning rate and other datas related to the affiliate.

4. Customer: It is the final and the most important component of the affiliate campaign. Without the customer, all these previous components are completely invalid.

The customer takes the desired action, the owner, you, achieves your goal, the affiliate network deducts its fee and the affiliate gets paid!


Some examples of globally used affiliate networks are:
• CJ Affiliates.
• Amazon Associates.
• Swim
• Impact Radius and so on.

In conclusion,
Affiliate marketing is a very effective method of boosting your conversions, all you need is an affiliate network and a relevant, quality affiliate and you see sales trooping in!

But listen…
You have to be very concscentious and careful while running affiliate campaign, look thoroughly for relevant affiliates and those with high earning per rate.
It is very easy you just need to understand your way about it.

If you have any questions as regards Digital Marketing and you want clarification, just send a private message. See Bio for Link.

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