Much like the search engine strategies used in ecommerce, affiliate marketing will help increase your product exposure and increase sales. Here's a rundown of its benefits:
Small businesses often have limited resources and budgets. Sometimes they do not even have a dedicated marketing team to promote their business. Affiliate marketing offers a cost-effective and efficient way to drive more traffic to your business and increase profits. However, while having a terrific affiliate marketing network is a huge advantage for small businesses, you still need to be selective in who you choose.
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It is fairly easy to start an affiliate marketing business if you plan ahead and have a clear picture of your niche and the type of affiliate products you would like to promote.
Amazon (NASDAQ:AMZN) is no doubt one of the world’s most famous online marketplaces. But the company also offers n opportunity to some small business owners — particularly online marketers. The platform offers the well-known Amazon affiliate program.
But if you’re sitting there thinking “Well that’s wonderful, but I’m still feeling a bit lost…” – never fear, Gael and Mark are here!
After gaining success with ProBlogger, Rowse transitioned into organizing big blogger events in Australia. Plus, I’ve known a number of affiliates who sold their websites to larger companies and exiting the business altogether after achieving their initial goals.
When they make a transaction that is a qualified action (could be a sale or lead form submission, depending on the terms of the program), the merchant is able to record this action and attribute it to you as an affiliate so they can make a payout.
Plus, they know that your recommendation about their products means a lot than their advertising, and they’ll sell more if they can incentivize you to make that recommendation!
If the affiliate is successful with his/her marketing and makes the audience click the link and be redirected to the website or the landing page, the affiliate will be paid.
123rf.com is one of the world's largest digital stock agency with over 12,000,000+ monthly active users.
To put it simply, it’s the best, most user-friendly course on affiliate marketing that I know of.
GreenGeeks, an eco-friendly, secure web hosting platform, allows you to earn up to $100 per sale. They have a tiered program that pays generously — including $50 for just one sale, and $100 for six or more. Additionally, the company provides a selection of creatives, content, and banners to ensure you're proud of the link or banner you include on your website or blog.
At the end of the day, that right there is why companies pay affiliates because it is cheaper to pay you to go get that buyer, to go get that customer for them, than it is for them to go get them on their own. It’s cheaper for you to recommend all of your friends or recommend people or be an influencer on Instagram or whatever and then send your affiliate link out.
So, what can you do to generate traffic and/or subscribers? Let’s go through each platform in turn:
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Affiliates are typically paid whenever a visitor creates a transaction, such as a click, form submission, or sale. Affiliate marketing is mostly performance-based, which means you only get paid as an affiliate if your visitor takes an action (versus just visits your site).
You can also promote StudioPress themes and earn 35% of the sales generated. These purchases get 60 days of cookie tracking.