What is affiliate marketing?
Affiliate marketing is when you refer someone to a product or service online using a unique link (yours). If that person purchases through your link, you receive a financial commission due to the purchase.
As an affiliate, you are considered a partner and are responsible for marketing the company's products to which you subscribe.
It is not necessary that what you promote is only a physical product. On the contrary, you can earn a financial commission on each person who joins a specific newsletter, download an application on the phone or do any activity the company wants the customer to do, as it will benefit them in some way.
Affiliate marketing profit has become a growing and self-sustaining market. It is increasing yearly more than before, so if you want to earn as much money as possible, follow the article where you will find a complete strategy to start and make a profit.
Affiliate marketing companies
This field has a big market, supply and demand, so there are giant companies in this field, I will review some of these companies with you:
1. Cj Company
One of the largest companies that work with suppliers owns big, well-known brands, which in turn provide good quality services and products, which makes the site trustworthy for customers, so they will not worry about the quality of products.
This company is suitable for beginners because of its reputation for many years. It is one of the oldest affiliate marketing companies and enjoys the trust of most major business companies, making it easy to make sales.
2. ClickBank
One of the oldest companies that also exists, it deals with marketers from about 200 countries around the world, suitable for beginners of the variety of products it offers.
It has a significant advantage that you can work without having a website; This is sometimes an obstacle because many companies need a website while beginners in the field do not.
3. ShareASale Company
It is known as one of the world's top 10 affiliate marketing companies because of its outstanding services and constant commissions, and its presence in the market for 15 years gives it great strength and reputation.
4. Ad work media
One of the best affiliate marketing networks where you can find more than 2500 advertising campaigns to use for product promotion.
The good thing about this company is that we have access to customer support 7 days a week, and there are other features such as:
- Minimum payment: $35.
- Commission rate: weekly, bi-weekly, monthly.
- Provides daily performance reports to help you know how your promotions are performing.
- Monthly withdrawal of $500 and so on.
- Many payment methods are allowed: check, wire transfer, direct deposit and electronic banks such as PayPal, Payoneer and Western Union.
5. PeerFly
Also one of the giants, this company has features and reasons why you should sign up for their programs as a beginner such as:
- Currently, there are over 2000 advertising campaigns for various products.
- You will participate in the bonus program and contests as an affiliate marketer.
- You will also get free commission training and tools to help you, which is a great feature for beginners who need the first step to help them excel in this market.
Note: these companies specialize in affiliate marketing, which is their main profit area (they act as an intermediary between advertisers and publishers), while other companies offer affiliate programs to market their products only, such as Amazon, noon, Google, and udemy... etc.
Steps to profit from affiliate marketing
As in any field, the beginning is often the big hurdle, so here you will find the essential detailed steps that, after applying them thoroughly, guarantee you satisfactory results and profits, use the following steps:
- Select a platform
- Choose a domain
- Create high-quality content
- Find affiliate marketing programs
- Increase traffic to your platform
I will discuss each step in detail, but let me remind you that there is no secret mix. Still, these are the steps that all affiliate marketers do, but what makes them achieve high profits is experience, perseverance, persistence and indifference to frustration.
1. Select a platform
Theoretically, you can affiliate marketing on any platform such as Facebook, Twitter...etc.However, it is much easier to build an audience and increase affiliate sales via one of these two channels: a blog or a YouTube channel.
Starting a blog today is relatively easy and cheap. There are many educational resources online that teach you how to get started. Once you create your blog, set up the blog for search engines so you have a better chance of ranking in search results
Another platform is YouTube: create and upload content for free, which makes it ideal for many people, format your videos for search engines, include affiliate links in the description of videos.
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2. Choose an appropriate field
When you start the affiliate marketing process, it is recommended to choose a field that you know even a little or learn some facts and that interests you. Why should you do this?
The answer is simple: now you act as a marketer of the company's products, and later you will create content to promote these products.
So you need to have something to convince your audience and subscribers of its usefulness when using this product, and preferably if you are an expert in the field, it is a kind of social proof; in most cases, the audience believes the word that comes out of an expert person.
Here are some questions to help you determine your field in case you get confused:
What topics am I interested in
What would I like to be famous for?
What perspective or vision can I offer that competitors can't
What unique experience do I have
What is the joint space with my business or brand (You can choose products directly or indirectly related to your business.
3. Create high-quality content
This step is crucial because it is the basis through which you will form a large customer base and target audience. The audience must trust you and feel that you offer content worth reading or viewing.
I know you want to make money, but the first step to building trust with your audience is to have quality content.
The content you produce should not initially be too sales oriented, the customer should not feel pressured or directed to buy a particular product, people don't like these practices according to the rules of behavioral psychology.
Have a customer base that trusts you and your opinion, then you can promote different products, and the public will buy with love and trust in you, so that the rate of commissions you get increases.
For example, a large category of girls and women create high-quality content in beauty, fashion and clothing coordination.
Affiliate marketing methods
1-paid advertising
You can use paid advertising on social media platforms or Google ads; the advantage of paid advertising is that you get traffic when you start paying. You can advertise via:
- Instagram, Facebook, Sponsored Ads ... etc.
- Google Ads Google Ads.
2-Configure your platform for search engines (SEO)
Whether you have a website, blog, or YouTube channel to earn through affiliate marketing, this practice allows you to rank high in search engine results such as Google because when people search with a keyword you've placed in your content, they will find you at the top of the search results.
The higher you rank in the results when searching for specific keywords, the more traffic you will get.
3-promotion by email
Collect mail from your subscribers and audience, and send the most significant offers and content. With a bit of investment, you can call your blog visitors at any time and get more profit from affiliate marketing.
Email marketing has impressive results; affiliate marketers usually use it, there are free tools that you can use in the beginning, the most famous of which is Mailchimp.
You need to test the results to know the best practices and what are the preferences of your subscribers and analyze the open email rate to know if what you are doing is essential for the audience or not.
Conclusion
Affiliate marketing can be very profitable, but it requires time and effort to make it a real business with a satisfactory return. Do thorough research and audit all aspects before you embark on the revenue stage of affiliate marketing.
Also, remember to avoid putting all your eggs in one basket. Diversifying your revenue sources is a smart move if you are preparing to profit from affiliate marketing.
Any other source of income can help you if the income from affiliate marketing profits has decreased, are you now excited to start and profit from affiliate marketing.