What is Affiliate Marketing?
Affiliate Marketing as a
marketing practice area where you can start your business and also get rewards by
one or more people affiliates for each sale made by the affiliate.
The major thing in this
business is that you get rewarded by helping to promote the product or their services
of a business. For instance, if you sign up for the affiliate program of Tips
and Ticks HQ and promote its products, you get a certain percentage which is
your commission whenever you send any visitor to the site and they make a
purchase. Its also provide you all the facilities for growing in this tough
market for earn money.
Affiliate marketing is also
said to be unique and cheap also one of the cheapest and quickest ways to make
money online since it involves no products creation of any kind. To set up your Affiliate Marketing in India, all you need to
do is to link up a buyer and seller; once the sale is made, you can earn commission
also by marketing.
How to earn money by
doing Affiliate Marketing?
The main first thing is to do
is to join an affiliate program then select the products you intend
to sell. The owners of the products would provide you with an affiliate code
you can use for referring traffic to the main site. Also, you will be offered
banners, text links and several forms of creative copies in which you just copy
and paste the code on your own site to refer traffic.
Any interested customer who
clicks on the links from your website will be redirected to the main site where
the product is sold and if they pay for the product or subscribe to a program
or many services that’s indicate you to the referral, you get a certain
percentage as commission.
Your performance also can be
tracked by sellers through your affiliate ID and other affiliate software used.
You also possess a real-time access to all commission and sales stats. Also, in
making commission, you don’t always need to sell products because various
affiliate programs employ different terms of payment like:
1. Pay Per Click (PPC) – You have to make money online depending on the number of visitors
which you find on internet who have a great experience in marketing redirected
by you to the website of the Merchant from your own site, whether you make a
sale or not.
2. Pay Per Sale (PPS) – The merchant or owner pays you
a certain percentage of the price of sales made after a purchase is completed.
In this some professional person also gives you strategies to keep your performance
high in this huge market.
3. ````Pay Per Lead (PPL) – Once a visitor provides their contact information on the merchant `site, you have to contact for partnership which will help you in marketing strategies ‘and by `this you make money quickly in online mode without any hesitation or something.
Why should you
consider being an Affiliate Marketer?
This business is known to be
the fastest growing and best marketing techniques on the internet. Some are as
follow
Ø Free of Cost: This Affiliate marketing involves zero
investment without any online risk Marketing any product online is relatively
inexpensive, so the business functioning is cost effective since it was created
by someone else. Also, you don’t need to hire anyone or have an office.
Ø No customer support: This thing is obviously is not necessary if you start an online
business since you aren’t the person who created the products.
Ø No shipping or storage: This is certainly not your headache because it would be
handled by the seller if needed.
Ø Passive income: If you have a normal daytime job, you can
continue earning a fixed income. On the other hand, as a part time job from which
you earn from affiliate marketing steadily and even when you are not online at
times.
Ø Work comfortably from your home: If you don’t have any problem
to work from home that thing make person wiser and easier to do this marketing business
regularly, you would have no need to go to work every day. You have the chance
to work at home.
Ø Global market: You can reach a lot of people around the
world who earn money from this online marketing.
We all known that in India to
make money online it quite hard because a smaller number of people know about this
and it should be convinced that you can make money online from affiliate
marketing as a passive source of income and must be wondering how to start. As
a matter of fact, India is emerging as the largest digital marketing hub and is
giving a tough competition to the digitally developed nations.
But you should understand that
you won’t become instantly rich by selling product. This type of business is
highly competitive because there are many other people into it. How to make
money online in India can be simply answered by following these hacks to gain
success in the field: through affiliate marketing, you need to understand the
market, know how products are promoted, and understand how it works.
7 Tips to Earn
from Affiliate Marketing
1. Select some new and
fresh content to post
Most beginner in affiliate marketing
make a lot of mistake of registering with too many affiliate programs and try
promoting everything they see. If this is the path you are treading, then it
will overwhelm you and you won’t promote the products properly. Take time to
understand the needs in the market and search for products that will go well
with your site’s topic.
2. Employ various sources of traffic to promote
services or products
Another mistake affiliate marketer
make is that they run ads just on their own sites. This isn’t wrong but there
are just so many other sources of traffic that you have the chance to use for
promotion all at the same time. The more the traffic that your sales page gets,
the higher are your chances of making money online.
Google Ad Words is a good way to
drive traffic to your sales page. All you must do is run an ad in your Ad Words account then use the associated link. You will need to measure your conversions
regularly to see if the cost of the campaign is less than its profit to keep it
running.
3. Your Campaign must be Tested, Measured and
Tracked
Using several strategies for
product promotion is a very good idea because it gives you the opportunity to
know which of them works better. You can do split testing and measure each
campaign’s performance before taking the appropriate action. Changing a couple
things would raise your profit. Banner ads should be placed on different areas
on the pages of your site because there are some strategic points that will
catch your reader’s attention.
The basic statistics of different
affiliate programs are shown and you might need it for your campaign but you
can still use a conversion tracking software of your own as well.
6. Look for and select the right merchant
When promoting a product, you
are also promoting the person or organization that owns the product. This
should be the first thing to know before selecting the product you are
promoting. You surely don’t want your clients to be unhappy after purchasing
the product. Trust me; they will never come back to your site again to purchase
anything! This is because you have dented your credibility. Normally, any
company or website with good customer service is bound to have happy customers.
7. Build an Online Community
Last but not least, you can
also earn money online by building an online community, although the
monetization strategies you can pursue will vary a lot depending on your goals.
You can build a community with a blog, for example. You can also build an
online forum and charge people for membership. You could even build up a
Facebook group and use your influence there to sell and promote products.
My good friends Shane and
Jocelyn Sam’s have become experts in building online communities. They
have one right now for their website – Flipped Lifestyle. This community
shows people how to create an online business and connects entrepreneurs who
are pursuing similar dreams.
Prior to that group, they had
an online community for teachers looking for lesson plans. That probably sounds
pretty random, but it's crazy the type of communities you can build and rally
people around. If it's something that you're passionate about yourself and you
want to connect with others that have that same passion, then an online
community is something you should definitely consider.
8. Choose your niche
Let’s be honest: if you’re
starting a blog today, you’re facing a ton of competition. Statistic that
the number of bloggers in the U.S will reach 31.7 million by 2020.
To stand the best chance of
success, niche down.
Choose a topic that focuses
on a specific category. For example, the topic of “food” is an enormous
category. Rather than tackling that, try something more specific, like grilling
food.
Keeping your topics tight can
help you build a more focused audience and potentially help you rank higher in search engines.
That’s what I did when I built
my first site. Instead of talking about “dance” or “hip hop,” I decided to
limit myself to just break dancing. Despite not knowing anything about SEO back then, I managed to rank for a
few key terms and generate ~3,000 organic visits per month.
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