Goldenkid's Posts
Nairaland Forum › Goldenkid's Profile › Goldenkid's Posts
1 (of 1 pages)
Hi my name is Goldenkid and I make full time income doing affiliate marketing I'm sure you've heard a lot of good and bad things about affiliate marketing Some people say it's the easiest way to make money online. Some say it's a scam Some say it's doesn't work in Nigeria and so on And if you're just hearing about affiliate marketing for the first time, no problem In this post, I'll explain what affiliate marketing really is and even how you can get started with it But before I start, I want you to know that affiliate marketing is a legit business that can make you a lot of money Currently, it is worth $12billion so that should tell you there's a lot of money to be made there Now, this business works for anybody. It doesn't matter if: -You work at job and needs an extra source of income -You're a student like me and wants to make more money to take care of yourself So basically, affiliate marketing is a business model where you(an affiliate marketer) can earn a commission for marketing someone else's products or service The affiliate marketer searches for a great product they enjoy and then promotes that product or service to earn a small part of the profit from each sale Let me explain using real life examples... For example, let's say I have an uncle that has a car that he wants to sell for one million naira And then he meets me and tells me that 'Goldenkid, what's up I have this car valued at a million naira and I'd like to sell it. Can you help me get a buyer?' And I'm like, sure I have a friend whose name is Uthman that wants to buy a car So what I do is I then link Uthwan who wants to buy a car to my uncle who has a car to sell Now Uthman buys the car for 1 million naira then my uncle gives me a commission of maybe 20% That 20% is more of a thank you for bringing business to me. As in thank you for bringing a customer to buy my car So now 20 percent of 1 million naira that is a sum of 200,000 naira That's for selling just one car… so you earn a commission for selling just that one car It's not your car, you don't own the car at all. You may not even see the car. Your work is just to bring a customer to the person who is selling that car and then earn a commission Now imagine if you're able to sell five cars.. that's a million naira commission for you Another example is people who sell plots of land So this person says the land goes for five million naira and if you're able to bring a buyer for that plot of land, You'll get a 10% commission on that plot of land so you then go out to find a buyer for this land and you eventually see one of your friends who wants to buy a plot of land... You then connect your friend who wants to buy that land to the person who is selling the plot of land And you then earn a 10% commission on that as well So you 10% of 5m naira which is 500k Affiliate Marketing is simple but many Nigerians just like to complicate things for themselves All you need to do is just to simply link a buyer with a seller and then you earn your commission. It's just that simple There's no too much work involved It's simply connecting buyers, connecting sellers and then you get a commission But this is not the kind of affiliate marketing I do that makes me money The one I do involves selling digital products Digital products are products in electronic form. They are not physical products. Examples of digital products include: courses, ebooks, softwares, etc I don't want this post to be too long and boring So I'm going to post another article later I'll explain to you how you can find these digital products and how to sell them so that you can make money But I hope this post was helpful and you now have a basic understanding of how affiliate marketing works PS: In the meantime, if you want to learn about affiliate marketing, click the link in the signature It will take you to an article written by my mentor |
1 (of 1 pages)