The process is similar to you being a salesperson in the real world and earning a commission when other people make a purchase. However, what makes affiliate marketing so attractive is that you can scale your promotion strategy beyond having to talk with each person you come in contact with.
The question is, could you help them make a smarter decision than they could alone?
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It has a 14-day cookie period. If you referral make a purchase within this 14-day period you get a commission.
Plus Wealthy Affiliate’s platform has everything. They can host your website, tools to build a website, site support, and their own keyword research tool. All of which are important to create your own website and be an effective affiliate!
Digital downloads are online resources that your readers can access instantly, without having to wait for a package to come in the mail (as is true for physical products).
Second, most products that are set up to have affiliates promoting them already have graphics and copy (written sales pitch) so that you don’t have to figure out what to share with your audience to be successful.
81% of brands use affiliate marketing to capture customers’ attention, engage with existing customers, and generate more sales.Affiliate marketing spend in the US is expected to rise to over $6.82 billion by 2020 at a compound annual growth rate of 10%.79% of marketers leverage affiliate marketing to drive conversions and increase purchases. 83% of them use it to increase brand awareness, and 79% of them use it to engage existing customers.
Affiliate marketing is a way to make money online by promoting other people’s or company’s products and services and earning a commission from every sale you help make (however, it’s worth pointing out that there are different types of affiliate programs with different ways of paying marketers). Once you sign up for an affiliate program, you’ll get a trackable link that you can use in your content and then once people start to click on that link and preferably, buy the product or service, you’ll start earning a commission. [/et_pb_toggle][et_pb_toggle open_toggle_text_color=”#00afc0″ open_toggle_background_color=”rgba(0,0,0,0)” closed_toggle_text_color=”#5b5b5b” closed_toggle_background_color=”rgba(0,0,0,0)” icon_color=”#ff7900″ use_icon_font_size=”on” icon_font_size=”22px” _builder_version=”4.4.7″ title_text_color=”#5b5b5b” title_font_size=”1.2rem” closed_title_font_size=”1.2rem” body_text_color=”#5b5b5b” body_font_size=”1.1rem” body_line_height=”1.5em” body_ul_text_color=”#5b5b5b” body_ul_font_size=”1rem” body_ul_line_height=”1.6em” hover_enabled=”0″ custom_css_toggle_icon=”content: %22%924c%22!important;||” border_color_all=”rgba(0,175,192,0.29)” title=”How does affiliate marketing work? “]
Some of the more experienced power affiliates will ride on the coat tail of trends and build one-page splash pages and run ads.
Do they just want somewhere to go online and easily access the products they need? Or are they looking for some kind of resource to provide them ongoing information and help? Could a blog be the answer?
It could also be an entire site that’s dedicated to finding cool products related to certain topics and promoting those affiliate products.
Another important thing to look at when choosing affiliate programs is competition. How many people are already selling the product? If the market seems overly saturated and the brand doesn't seem large enough to support the drive for so many sales, you're probably better off picking another option.
I am not suggesting you go out and promote Clickfunnels like me UNLESS you are already using it. You can get the full benefit of the affiliate bootcamp training program even if you aren't planning on ever using or selling Clickfunnels.
Offers or Discounts mentioned in the article- Here you share the best deals and coupons codes of products related to the topic. So, these are the type of content that can be posted to promote affiliate links.
Product identification is important as it can make the difference between making a sale and generating income, or your visitors not finding what they were looking for and exiting your site quickly.
Both of these hosts also have a free domain for a year when you sign up. Plus, one-click WordPress install, so you can get your site online all within a single afternoon.
Check out our more detailed post for a bit more about the specifics of what affiliate marketing is.