Basically, the principle behind affiliate marketing is quite simple – here’s what the entire process looks like:
For example, Latasha has this post with an affiliate link for her favorite website theme store:
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Okay, we have our product, we have validated that there is a market for it, we have researched our competition, and we have made sure that there are existing buyers right now ready to continue to purchase these products, we are all set to go into the promotion phase.
You can also look at Best Sellers in Amazon or go to Explore eBay to come up with more information.
If you’re reading this post, you most likely searched for “affiliate marketing for dummies”.
Maybe you ask yourself why you should even start with affiliate marketing. Is affiliate marketing worth it, and can you really make money with it?
Guess what – I have got you covered! Simply, bookmark this post so that you can back again. Or, definitely pin the image to your pinterest boards.
Affiliate programs can be structured in a number of ways. However, most programs involve a company providing their affiliate partners with a unique trackable code that can be shared with their customers and clients. Each time the code is used to make a purchase, the affiliate is rewarded. Purchase-Based Commission Structures. The affiliate partner gets paid when someone uses their code to make a purchase on the merchant’s website. Traffic-Based Commission Structures. The affiliate partner gets a commission based on the number of people they refer to the company’s website—regardless of whether those visitors make a purchase or perform some other action. Customer Acquisition-Based Commission Structures. The affiliate partner gets paid when their promotion helps the merchant close a new deal or sign a new customer.
Now that you’ve applied to some programs and accessed your affiliate links, what do you do with them?
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Easy to start: The investment required to get into affiliate marketing is not much. Apart from the costs associated with buying a domain and hosting it, there is no other cost involved except for maybe a tool or two (such as benchmarking tools to test product performance, and the like) which would still not put a dent in your wallet. You can write the articles by yourself; if you think writing is not something up your alley, you can outsource the content to freelance writers.
Each affiliate program is different. Sometimes you will get paid a fixed amount based on someone subscribing to a service. Some other times you will get paid a fixed commission on sales.
Finding affiliates is a process that combines having an excellent affiliate program and reaching out to people who might be interested in promoting your products. Let’s not forget, generous commissions are also a big plus.
You can join the Amazon Associates program for free by entering details such as your email address.
Create your own affiliate program with LeadDyno. Offering a complete affiliate program guide, LeadDyno serves as an easy-to-use platform for those who want to better manage affiliate marketing. Explore our resource section for affiliate marketing tips for beginners and learn how this sophisticated tracking platform can help propel your business. Launch your affiliate program today TRY FREE FOR 30 DAYS From the Blog Why and How Should Influencers Cultivate Authenticity? 7 Tips To Recruit Affiliates to Your SaaS Affiliate Program How To Survey Your Affiliates to Create a Better Affiliate Program
So – because this is a question we get asked a lot – we’re going to dedicate our time together in this blog post looking at the best affiliate programs for beginners.
Spocket, a dropshipping supplier, wholesaler, and distributor of high-quality United States and European products, enables entrepreneurs to choose products to sell from thousands of dropshipping suppliers around the world. They also offer an incredibly impressive affiliate program — you can make up to $450 for each customer you find for Spocket, and you'll continue to collect commission off your referral's Spocket account as long as they remain a customer.