Affiliate marketing is a branch of the Internet earnings tree. It works when you generate targeted traffic to a particular website that sells a product for which you earn a commission on each and every sale. You’re not the product owner, and your job is to come up with creative ways to connect a potential customer to your product’s landing page.
Here is an example of how affiliate marketing works:
An online entrepreneur decides to sell a popular information product “How to lose weight after pregnancy.” He goes online, visits the ClickBank Marketplace, and searches for weight loss products. There, he is presented with a choice of a dozen different products to sell and chooses one whose sales page and stats show it converts well.
You click “get skip link,” which embeds your own unique ClickBank ID into the URL. You can then take the new URL and include it somewhere in your sales funnel. When someone reads your sales material (an article, social media post, pay-per-click ad, YouTube video, etc., that pre-sells the product) and clicks on the sales page and buys it, gets the affiliate. commission – usually 50-80% of the product price.
Of course, it wasn’t limited to selling ClickBank products. There are other higher paying affiliate programs out there. Big websites like Amazon.com and Wal-Mart and others also have affiliate programs.
Low start-up cost
If you want to get started with affiliate marketing, you don’t have to spend a lot of money to get started. The basics include a website domain, hosting, and some advertising (if you want). But it’s not a necessity to get the ball rolling. The investment you will make will be effort, not cash.
No product creation
When you start affiliate marketing, you don’t have to create any products. You are the intermediary. That means you go into a niche to bring buyers and sellers together. You are the link between the two.
Become the go-to person
The key to becoming a successful affiliate is building a list of email subscribers and becoming their go-to person when they need advice. Someone they can trust. Building a stronger relationship with your readers will increase conversions. If you take the time to review and even put some of the products into practice and share your results, it will help you convert more sales.
Affiliate marketing is suitable for almost everyone. Even product creators adopt an affiliate strategy to complement the product development arm of their business. You don’t even need sales experience to become a great affiliate. Your job is not to sell to the client, but to connect them with the solution they are looking for.