What is affiliate marketing?
Affiliate marketing is that the process of earning a commission by promoting other people’s (or company’s) products. you discover a product you wish , sell to others and earn a bit of the profit for every sale that you simply make.
Imagine you wake up in the morning, open your laptop from the comfort of your bed, and look at something like this:
It may seem like a pure fantasy or a trick, however, truth be told, it is conceivable to make a self-start venture that works for you in any event when you’re resting, investing quality energy with family or doing some other activity.
That’s called passive income, income that requires little to no effort to earn and maintain. It’s called progressive passive income through affiliate marketing. That’s when the earner expends little efforts to grow the income.
At the end of the day, making money while you sleep or travelling around the globe is just another term of passive income through affiliate marketing. It simply pertains to money that comes in every hour, day, weekly or monthly, without very much maintenance required. The commission payout depends on the business affiliate commission policy.
That’s the dream of everybody, including you, right?
Making money while you sleep or enjoying yourself at an exotic island somewhere in the Caribbean or on safari in Africa.
The thought behind affiliate marketing is that you promote other individuals products, regularly through and partner organizes, procuring a commission if individuals purchase the items through your advertising and advancement endeavours.
In affiliate marketing, three parties are involved.
There’s an affiliate network, let’s consider it to be Amazon.
Then there will be you, as an affiliate.
Where you will be promoting the products of merchant through a unique affiliate link. So when someone purchases a product through your affiliate link, you get a commission, that is, you make money.
Almost all popular companies use affiliate marketing to drive customers.
Be it Amazon, Flipkart, Ola, Uber, Swiggy, FoodPanda, Zomato- almost all popular companies are doing it.
How affiliate marketing will help you?
Well the biggest benefit of affiliate marketing is when you do it on autopilot mode. Today my websites are driving free traffic every month from Google and making me affiliate commission.
Who can learn affiliate marketing?
You don’t need any special qualifications, you don’t need any technical background.
All you need is one laptop, or a computer, and an internet connection.
This is all you need.
The best part about affiliate marketing is that you are making money from the comfort of your home.
There is no age limit, no massive course fee, only your willingness to learn, and your willingness to earn money online.
I’m friends with people who are making $, per month to $, per month from affiliatemarketing.
What is the best way to learn affiliate marketing?
When I started affiliate marketing there is no one to teach me.
No one to tell me the best tips, tricks, tools or strategies that actually work.
Well lucky for you, I’ll be teaching you and guiding you in every step.
You need a guide, a person who has made the mistakes, so that you don’t repeat those
Which affiliate network to focus on?
There are thousands of affiliate networks in the market.
I myself use 20+ affiliate networks to make money for my affiliate websites. Some of them need approval, you don’t need to worry you will get every basic thing which helps you in making money.
Which affiliate network should you choose?
While there are more complicated ones like Clickbank and the Commission Junction, where
you need the knowledge of advanced digital marketing in order to make money.
This is because the competition is just way to high.
If you are beginner I suggest you to start with amazon associate.It’s easy to run and promote and now I’ll be showing you why you should be focusing only on Amazon.in.
Amazon is the world’s biggest ecommerce website.
Amazon.com is driving more than 2.5B visitors per month.
Amazon India or Amazon.in is driving more than 360M people per month.
The most important point is that you will be getting paid the affiliate commission for
the entire cart.
So let’s say you refer someone to buy a t-shirt.
But the person ends up buying a jeans, a cap and the t-shirt as well.
You will be get the commission for the entire cart value and not just the
product that you recommend.
How can you make money from affiliate marketing?
The simplest answer is create a website and scale it but it need some investment to start a website. You need to buy a domain and web hosting. Also I will tell you how to select a profitable niche. You don’t even have to work on your website when your article ranks on Google search results.
It’s free traffic, month on month.
Unlike other platforms that come and go, Google is not going anywhere.
So you don’t have to worry that Google will go out of fashion in a few months.
People will keep on searching on Google.
There are so many ways apart from affiliate links you can make money from your affiliate
You get sponsorship opportunities, branches will start emailing you… you’ll also be
making money from sponsored links, sponsored reviews.
harging Rupees, Rs, – Rs, for one sponsored review.
And also in the end, let’s say you decide you don’t like the Amazon affiliate website,
and you want to sell it.
Then the website sells for 30x its monthly revenue.
So let’s say you’re making $5000, from your website on a monthly basis you can sell
it for $150,000,.
Ways to doing affiliate marketing.
Apart from opening a website you can open a YouTube channel or doing it through Social media handles like facebook, Instagram, pinterest, twitter, linkedin and many other. In simple words where you see audience you can do affiliate marketing. The only thing you need is products and people.
So let’s take each option one-by-one and share its pros and cons.
So let’s start with opening a YouTube channel.
Yes, you can open a YouTube channel in any niche. Make content on the product or niche which you are choosing and post your unique affiliate link. You can create fashion based channel, technology-based YouTube channel and promote just like Technical Guruji is doing, but the main point to stress is that YouTube is getting competitive.
Already for all the popular categories, be it fashion, be it gardening, be it technology ,already YouTubers are dominating that niche. It was easier a couple of years back when the competition was low, and also because of the Reliance Jio wave.
Now already majority of the profitable niche has a channel dominating. I’m not saying that you won’t be able to do it. Yes, you can open a YouTube channel and you will be able to scale it. But it is extremely difficult. It will be difficult to scale, you’ll have to be patient. You also have to show your face and you’ll also have to invest in expensive equipment. But then again YouTube is more competitive compared to the Amazon alternative that I’m telling you.
Now, let’s talk about Instagram.
One thing that I should mention is that every social media platform comes and goes. So Instagram might not be able to survive in a couple of years. Also getting followers is extremely difficult compared to a couple of years back. Every social media platforms is going with the pay-to-play mode.
Like the case of Facebook, earlier the organic reach was very high.
So let’s say you have , page likes, if you post a new post, you’ll be able to
reach that , people. But now Facebook wants you to pay money in order to reach the people who even like your page. Now the competition on Instagram is also growing because the people know that there’s money to be made. And also Instagram wants you to pay money to get those followers.
So the organic growth is down. And the worst part about Instagram is that there is only one place where you can add the affiliate link that is the bio which means you can post only one link. Now there is one more option if you have more than 1000 followers you can paste your link in swipe up( story) that you make in a month will be much lower. And this is why I don’t recommend Instagram as the only source of promoting your affiliate links. The same goes for a Facebook page or a group.
The organic reach is very low, so you won’t be able to promote your affiliate links in a profitable manner but if you invest money on facebook ads you can earn a huge commission. Also, once your affiliate sites start getting traffic, you can move to these verticals either YouTube channel or Instagram account. Trust me I’ve been doing this for almost years, I have tried and tested everything. The best strategy is to first start a website, scale it, and then move to the various verticals of YouTube and Instagram. This has given me the best results.
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