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.
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.
