What is Affiliate Marketing?
What's the first thing that comes to your when you first hear the word affiliate marketing?
In this article, I will be explaining to you what is affiliate marketing and how it works. Actually, all the people do affiliate marketing. All the famous YouTubers, all the tech reviewers, fitness motivators and Instagram bloggers.
Affiliate marketing is just referrals basically it's a kind of fancy terms for referring people to products and service of a company that you don't own and getting the commision from the companies if the people purchase that product or service from your referrals. It is the best online business that anyone can take up today.
If you goto any youtube channel or website related to tech. So whenever they review a product the gave link to that product in the description. Out of 10 times 9 times, it will affiliate links.
Amazon Associate is an example of affiliate marketing. It is the largest affiliate program because it has the widest range of products. You can also apply for Amazon Associate but you need a website to get approval from Amazon. You can look for a product that you can promote. Search for the desired product and get the link of the product which is basically the personalized tracking link that you can include in your website and youtube videos. This link is personalized to your account i.e. it has a tracking code through cookies. If someday click on that link and buy anything from the Amazon not only the product that you referred within 24 hours, you receive a percentage of commision. Commision can range from 4% upto 10% and that also depends on the category of product.
Another platform can also be used for affiliate marketing like Instagram nut its somewhat different on Instagram as we know that we usually have links but another way to do is providing coupon codes. Some people call this sponsorship. Whenever we paste that coupon code on the website and buy a product the person get commision.
These are some of the steps you can follow for promoting the product:
1) Choose the type of product you want to promote. To do that go any e-commerce site which has an affiliate program and selects the category in which you are more interested in. It is very important as what you choose here should be the topic of your website.
2)Signup for the affiliate program. To do that go to the website and move down to the footer then click on become an affiliate and complete the signup process.
3) Select the item you want to promote and get the link and paste in your website.
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