What is Affiliate Marketing?
Affiliate Marketing is a form of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought by the affiliate’s own marketing efforts.
In layman’s term we can say that there are many e-commerce websites in the country for example Snapdeal, Flipkart and they run a program as Affiliate program.
In this case if you become a part of their program which is completely free in cost and help the company in selling their products to costumers through your link, the company will pay you commission this is known as Affiliate earning and the process by which it’s done is known as Affiliate Marketing.
It’s basically a way by which you can earn a large amount of passive income no matter if you are housewife or a working professional.
You can become an Online Affiliate Marketer by just having your own blog or YouTube channel where you can promote the products, so that it comes into notice among your audience.
Structure of Affiliate Marketing
The industry has 4 key players
- The Retailer or the Brand
- The Network that contains offers for the affiliate to choose from and also takes care of the payments.
- The Publisher also known as Affiliate
- And most importantly the customer.
Affiliate marketing overlaps with other Internet Marketing methods, because affiliates often use regular advertising method as Internet Marketing includes organic search engine optimization (SEO), paid search engine marketing (PPC – Pay Per Click), e-mail marketing, content marketing, and (in some sense) display advertising. On the other hand, affiliates sometimes use less orthodox techniques, such as publishing reviews of products or services offered by a partner.
How to become an Online Affiliate Marketer?
Create a blog or YouTube channel to promote the products.
Bring traffic from Facebook, Twitter and other social media platforms.
Create an email list by creating mini website.
How to do Affiliate Marketing through Blogs?
Start a blog with some good content.
Select an industry and then pick a niche for your blog.
Choose Affiliate products that you can promote.
Drive traffic to your website.