There will be many doubts in your mind regarding what is Affiliate Marketing, how it works and how to earn money from it. In today’s topic, we will talk about that. Today’s era is the era of computer, internet and online shopping / marketing.
The trend of online shopping is going on and it is slowly becoming famous, so many people are showing interest in doing business online and earning money by creating e-commerce site and personal blog.
Those who have been doing online business for a long time, must have known about affiliate marketing or heard it. Many bloggers use it in their blog and there are some bloggers who do not use it in their blog, there can be many reasons for this like either they do not have much knowledge about affiliate marketing or they do not like this. You must be hesitant to think whether it would be right to use it in your blog or not.
Today in this article I told you What is Affiliate Marketing? I am going to tell about it so that new bloggers who do not have any knowledge about it will know and those who know a little and are hesitant to use it will also come to know about the benefits of using it.
You have to read this article completely so that all the doubts related to your affiliate marketing will be cleared. So without delay let’s start.
What is Affiliate Marketing
Affiliate marketing is a way through which a blogger earns commission by selling a company’s product through his website. The commission that is received depends on the type of product, such as more on fashion and lifestyle categories and less on electronics products.
What is Affiliate Marketing?
To promote any kind of products through your website, it is very important to have more traffic in your website or blog, at least 5000 visitors per day. If your website is new and it is getting less visitors, then you will not get much profit by advertising the products on your website. That is why it would be better that you put affiliate products in your blog only when your blog will start getting more visitors.
How does Affiliate Marketing work?
It is very important to know the answer of this question to those people who are associated with the online field. If they also want to start their affiliate then it is very important for them to know how Affiliate Marketing works.
If a product based company or organization wants to increase the sale of their products, then for this they have to promote their products. Especially that is why they have to start their affiliate program.
The business of Affiliate Marketing is commission based. When any other person that a blogger or website owner joins that program, then the company or organization starting this program provides him with a banner or link etc. to promote their products on his blog or website. After this That blogger has to put that link or banner on his blog or website in different ways.
Since the site of that blogger or website owner receives many visitors daily, it is possible that some of them visitor clicks on the offer shown, then he reaches the websites of product based companies and buys something or any service. If he signs up, then in return that company or organization gives commission to that blogger in return for it.
Some important definitions related to affiliate marketing
Some such terms are used in this marketing, about which it is very important for all of us to know. So let’s get information about some such definitions.
Affiliates are called those people who, by joining an affiliate program, promote their products on their sources such as blog or website. This can be any person.
2. Affiliate Marketplace:
There are some companies that offer Affiliate Programs in different categories, they are called Affiliate Marketplace.
3. Affiliate ID:
This is a unique ID that is obtained upon signing up. Each Affiliate is given a unique ID through Affiliate Programs, which helps in collecting information in sales. With the help of this ID, you can login to your Affiliate account.
4. Affiliate link:
This is called the link that is provided to affiliates for promoting the product. By clicking on these links, visitors reach a product website, where they can buy a product. Through these links only those running the Affiliate program track the sales.
After a successful sale, the amount that the blogger or the one who sells (affiliate) is called commission. This amount is provided to the Affiliate according to each sale. It can be a percentage of the sale or a predetermined one amount as already mentioned in terms and condition.
6. Link Clocking:
Often Affiliate links look long and a bit strange in appearance, for this such links are shortened by using URL shorteners, which is called Link Clocking.
7. Affiliate Manager:
In some Affiliate programs, some people are appointed to help Affiliates and to give them the right tips, they are called Affiliate Managers.
8. Payment Mode:
The way to get payment is called Payment Mode. This means that the medium through which you will be given your commission. Different affiliates offer different modes. Such as check, wire transfer, PayPal etc.
9. Payment Threshold:
In affiliate marketing, some commission is provided to affiliates when they make some minimum sales. Only after doing this sale you will be able to earn payment. This is called the payment threshold. The amount of the payment threshold of different programs is different.
How to make money from affiliate marketing
In today’s time, many bloggers are associated with affiliate marketing and are also making a lot of income, the best way to earn money from blog is through affiliate market. To make income from affiliate marketing, we have to go to any one affiliate program and register.
After registering, we have to add the link of the ads and products given by them on our blog. When any visitor coming to our blog will buy the product by clicking on that ad, then we will get commission from the owner of the company.
Here the question arises that which company offers this affiliate program. So the answer is that there are many companies on the internet that offer affiliate programs, some of them are very famous such as amazon, flipkart, snapdeal, GoDaddy, etc.
All such companies offer affiliate programs, in which you can join the company by simply signup or register and choose their products and add their links or ads to your blog and earn a lot of money. And for signing up or registering, we do not have to pay anything to the company.
Like write the name of any one company like say amazon and write affiliate with that name and search in google, if that company offers affiliate program then you will get its link from there and you can easily connect with that company Huh. But before joining any company, read its terms and conditions.
How to get payment from Affiliate Program?
It depends on different affiliate programs which modes they support to pay their affiliates. But almost all programs use bank transfer and PayPal for payment. There are some such terms used in the Affiliate program, without which affiliates are commissioned like
1) CPM (Cost Per 1000 impressions): This is an amount that is paid by the merchant (ie the owner of the product) to the affiliate (ie the one who promotes their product) on the advertisement of those products on the page of his blog. If 1000 views have been received, then the merchant gives commission to the affiliate on its basis.
2) CPS (Cost Per Sale): This amount is received by the affiliate when the visitor of his blog buys the products. On the basis of the number of people who will buy the products, the affiliate gets a commission on every purchase.
3) CPC (Cost per click): He gets commission on every click of the visitor on the advertisement, text, banner placed on the affiliate’s blog.
Can we use Affiliate marketing and Google Adsense together?
The answer is yes, with affiliate marketing you can earn more money and in less time than Google Adsense. And it is not at all against the terms of service of Google Adsense because it is completely legal. You can comfortably use both in your blog.
To get the approval of Google Adsense, we do not have to work as hard as we do to use affiliate marketing, so most bloggers like to earn money from affiliate marketing. The more product you sell from your blog, the more your income will be.
If you add related products to your blog, then you will get more profit. It means to say that if the content of your blog is related to gadgets, then place ads related to it, this will increase the chances of your visitors clicking on the ads and you will get more profit.
Which are the popular Affiliate Marketing sites?
Although there are many affiliate marketing companies available to you on the Internet, but today I will tell you about some popular and best companies that give you more commission.
Before joining any affiliate program, you should get all the information related to that program in advance. If you want to know about the affiliate marketing program of a company, then you can search by writing affiliate in front of the company’s name on any search engine.