What is affiliate marketing?
Affiliate marketing is a type of performance based marketing in which a business rewards a certain percentage of commission for each product bought by the customer who are bought by the affiliate’s own marketing efforts.
People who love to talk, write, explain and have ability to persuade.
Ability to promote the product online using social media, videos, ads etc.
Time required for starting affiliate marketing-
Virtually within an hour. You just need to select an online product that pays a commission when you promote or sell it using your affiliate link.
- Select an online product from the domain in which you are well conversant with. For example, if you are a dietitian then select the product related to diet. There are lots if products available in every domain, you just need to focus on which domain is suitable for you.
- Places to find the product: Amazon, Flipkart, Snapdeal etc.
- Choose a product that pays you the high commission on each sale.
- Most product websites handle the affiliate link generation and payout, so you do not need to worry about how you will get your commission. Just get your custom affiliate link created by the vendor and start promoting it.
- If you want to earn instant money from affiliate marketing, try to promote your affiliate links on social sites such as Facebook, Twitter, and Reddit.
How to monetize?
Monetization is simple, just make more people buy the product through your affiliate link. Create facebook page or banner ads about the product. Tell people how the product will help them to solve their problems.
Improve people’s knowledge about the domain and help them solve the related problems.
This brings to the end of this article.