Sunday 31 July 2016

Make Money with Affiliate Programs

              

           Affiliate program is one of the easiest ways to start making money online FAST! Doing business transactions online requires you to have your own products as a seller but as an affiliate marketer the burden is off you. You don’t need to have a product to sell.

Affiliate marketing involves choosing a good/desired product to sell, advertising that product to a particular group of people, convincing them that the product works, selling the product and getting paid your commission online.

If you sold a product worth N5,000, your commission could be as much as 40% that sale which is about N2,000 per sale for that particular product. That’s how Affiliate marketing works. Cool yeah!

You can easily find a hot selling product or services of an established web merchant and start promoting them for a cut. The product could be physical or electronic like Videos, PDF files (information products), Computer soft wares and much more. 

For physical products like Phones, clothes, shoes…… the commission can range within 5% -15% while for electronic goods, which pays more could pay up to 70%. The reason why the latter pays more is because the cost of production of electronic products is far cheaper than physical products.

Some people have made affiliate marketing their major business, some of them are even bigger than most of the brands they are promoting. These people are called super affiliates because they’ve built trust, credibility and reliability over time, so anyone launching his/her product that comes across them would see them as a resourceful platform to launch.

Requirements:
Most affiliate marketers have a website or at least a blog. Your website or blog is your own platform to advertise goods to your visitors.

To be a very successful affiliate marketer you need to build a list the money is in the list

The number of follower ship of your website or blog determines how many people you can refer and invariably how much you can earn. 

You definitely can build a list from your social network profile, website or blog; build credibility with visitors, create quality content that visitors like, be resourceful, don’t rush, be fortuitous. Then gradually begin to introduce the products you’re promoting.

How you make Money:
Making money from affiliate program is very straight forward; each merchant (the company/individual you’re affiliated to) gives you an affiliate link which enables you to promote their product on your website or anywhere else then when people click through your website and eventually buy that product or service, you get your commission the percentage profit stated as at the time you chose to affiliate with the company when signing up.

Here are some big affiliate platforms:
·       Commission junction
·       Link share
·       Click bank a very popular affiliate website that millions of people use. Here you get to choose from so many products to advertise and sell.
·       Amazon
·       Spread
Some Nigerian also makes money from affiliate programs of sites like Jumia and Konga.


   



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