If you already have a website, then trying affiliate marketing is a no brainer. But if you don’t and are looking for ways to make some cash, then this is one option you should definitely check out.
What is affiliate marketing?
Affiliate marketing refers to a marketing scheme where a company signs you up (or you sign up) as its affiliate. Your job, as the marketer, is to write about or post about that company’s products. Every time someone buys a product thru you, you get a commission. Sounds fairly simple, but it takes a lot of work.
For an online store for example, your job as an affiliate, should be to post links leading to the company’s website. When a shopper follows these links and actually buys something, then you would be rewarded by getting a commission.
What if I just started? And my website doesn’t have a huge viewership (yet)?
Arguably, popular websites already have an edge, but that doesn’t mean you can’t do it too. Everyone starts small somewhere.
Do I need to have a blog or a website to be an affiliate?
Not necessarily. A blog or a website is just a promotional tool where you can post the product and maybe some information about it. Other options could be a YouTube channel and a podcast as mentioned.
How does the company know that the buyer went to their website and bought their product thru me?
These companies have a unique link for every affiliate and use these links to find out how the buyer landed on their page in the first place. Ever heard of promo codes? When you buy a product and if a social media influencer tells you to use his code, this influencer gets a commission. Tracking links work the same way.
What skills do I need to be an affiliate?
Nothing drastic in particular. But creating quality content is right up there as a basic requirement. It doesn’t have to be writing. It could be thru a podcast (voice) or thru a YouTube video. What’s more important is your power of persuasion.
How much is the commission?
This varies, depending on your agreement with the affiliate company. It could range from $1 to $100,000 depending on the product being sold.
How do I find companies like this?
Not every company has an affiliate program. So your job is to conduct research. Check out the company’s FAQs on their website for more details or keep in touch with them to find out.
Do leave a comment or pop me an email for more questions. email@example.com