It’s estimated that more than 80% of marketers and almost 85% of publishers leverage the power of affiliate marketing. According to Forbes, affiliate marketing is now responsible for more than 15% of e-commerce sales. That puts it in the same league as email marketing and ahead of social commerce and display advertising—whoa!
In fact, they represent around 5,000 different affiliate programs, but these are focused more on smaller but profitable companies, rather than just huge brand names.
.
In the next section, I'll explain the main types of affiliate marketing and how you can make money from them...
Moneymint.com is one of India’s leading blogs on financial inclusion, microfinance, and digital money. The blog was started in the year 2008 and has been publishing regular news, views, and articles for the last 9 years.
To participate in the affiliate program you can either join its own program or you can also join it via ShareASale.
None of that matters at first. The most important thing is that you TAKE ACTION and get some content published. Just get it published.
You probably heard of this before. There’s a reason why this “find a profitable niche” term is all over the internet. It’s an extremely important step to take when you’re starting an online business from scratch. I cannot stress this enough – being in an unprofitable niche will doom your business to fail before it has even started.
After trying many different affiliate courses and getting scammed numerous times, I can say that affiliate marketing isn’t easy or passive as many people make it out to be.
This post about how to start affiliate marketing was updated as of September 2020 to ensure accuracy and relevancy.
For those of you just starting out with affiliate marketing, drill down as specific as possible after shortlisting 4-5 of the niches that interest you. When deciding on your niche, instead of personal finance in general, you want to drill this down even further into sub-niches like Personal Finance for University Students In Debt, or Personal Finance Tips & Tricks for Expats Living In *Insert Country Here*.
As I've already mentioned, affiliate marketing a vast field and companies from every industry are hiring affiliates to give more exposure to their products and services.
Summing it up: use the most suitable channel you have to present your affiliate links naturally.
You can use all the over-mentioned steps on any e-commerce site such as Amazon, Snapdeal or Flipkart Affiliate Marketing, etc.
Affiliate links and banner ads are often used in informative, appealing, and engaging ways that are actually useful to users, such as through video tutorials or product reviews:
It happens in the case of Amazon but not in Shareasale or CJ. For them, you just have one affiliate link and people from anywhere can buy some products and you will get a commission for it.
This is so helpful! I keep meaning to get started with affiliate linking, but just get overwhelmed!
They can be big companies, such as Kinsta, or solo entrepreneurs as well. Basically, if they have a product to sell, then they can be a merchant.