Affiliate Marketing
Let’s begin with the broad definition of affiliate marketing.
Affiliate marketing is one of the oldest marketing practices which gains affiliates a commission in the case of sale based on the affiliate’s recommendation.
It is one of the cheapest and easiest ways of marketing as you don’t need to create and sell a product.
Just one thing you need to do is to enable a linked connection between buyer and seller and take your commission when the sale is made.
There are different affiliate programs that use different payment terms.
Pay Per Click (PPC): You make money online based on the number of visitors redirected by your affiliate site to the advertiser’s website.
Pay Per Sale (PPS): You make money online when the purchase is completed. The advertiser pays you a percentage of the sale.
Pay Per Lead (PPL): You make money online when the visitor provides his/her contact info on the advertiser website.
It would be a definite mistake to promote everything by registering with different affiliate programs.
You can’t focus on each of them deeply and the result would be a disappointment.
Instead of promoting everything, just promote a few products which are unique, profitable or can reach large masses.
So, you need to understand market needs and desires and place your products accordingly to make money as an affiliate.
Popular Affiliate Programs include;
Jumia
Alibaba
Amazon
Kilimall
Marketing Tips
- Love What You Are Doing. Always keep this as your fist priority
- Learn to Take Baby Steps (patience)
- Learn from Others
- Learn About the Product You’re Promoting
- Be Consistent
- .Promote a whole category/page e.g smartphones or home page instead of a specific product this applies if you are an online mall affiliate
- Make a Plan
- Build a Strong Reputation in what you do
- It’s Never Too Late to Start