Learn more to earn more! Affiliate marketing is one of the most popular methods for freelancers to earn money online because it is not that complicated to learn and doesn’t require any degree or specialty. Though you must have certain skills to kick off your earning from affiliate marketing, the process is what makes it easier to a great extent. Now let’s find out what affiliate marketing actually is. Generally, affiliate marketing is defined as a marketing arrangement by which online wholesale sell their products or services via other retailers (on website, blog, social media platforms) for a certain amount of commission generated from its sale.
An example can simplify the term affiliate marketing, for example, XYZ.COM is selling domain names and hosting to its customers directly, but due to limited marketing and business expansion, they have a limited amount of potential customers. Now, XYZ company decided to widen their business and decided to include affiliate marketing in their marketing plan. So, this opens up the opportunity for freelancers to join their affiliate program and sell or promote their (XYZ.COM) products to customers to earn a commission. It is like you are the medium to increase that company’s sales.
How Does It Work?
Well, let’s dwell into the details now. The process of affiliate marketing is very simple and easier for everyone to understand. In the process, it includes several steps before one can start earning. The very first step is to join the affiliate program which suits an individual the most. Out there you can find plenty of e-commerce sites offering affiliate programs and each of their offers and commission may vary based on the nature of the products and size of the company. For say, you found an e-commerce site (let’s call it Agent) which is offering affiliate programs. So, you need to join their affiliate program and get your account verified (it takes a few days, sometimes) before you start. Once you are done with this step, you can now obtain the generated link from your agent against any offer or products which are available.
Now comes the next step, this includes marketing with that link. What does it mean? Well, it means you are now authorized to sell their products directly to your targeted customer. Simply put, you have a blogging site, social media account, or YouTube channel with a lot of organic traffic, so you can sell to your audience with the link you were given earlier and earn a commission.
There are many available ways to use that link, for instance, you can embed the link to your blog articles, YouTube channel description box and do ‘Mouth of Words’ promotion, banner advertisement. You could also include a button or banner ad that would take the reader directly to that product on an eCommerce site or platform, and they could order it based on your recommendations.
Also, if you want to take a more subtle approach then you can write a feature article composed of other products. Keep in mind that, you should not use the seller voice directly like ‘You must buy this product or service now’, rather take a low-key approach in order to convert that reader to your customer.
So, whenever someone clicks on the link (which you got from Agent) it will eventually redirect them to Agent’s website showing that particular product or offer, and if someone buys instantly after clicking on the link, Boom! You will get a commission from the agent deposited to your transaction account that you will have to create while verifying your affiliate program account.
Undoubtedly, a question can pop in your mind that what happens if someone does not purchase that product or package instantly from Agent? No worries! because if someone buys from that site within a certain amount of time (maximum 30 days), then you will also get a commission from their spent money. Why? It is because of cookies the site uses will save its clicking history on that computer. Thus, you will be able to sell more and more.
Need Any Skills?
Nothing comes out good, if there is no hard work, knowledge, and patience behind it. To earn through affiliate marketing you need to have certain skills. It is like, if you don’t know how to swim, then how will you swim in the ocean, Right? So, you need to acquire some skills to get a strong grip on affiliate marketing and start earning easy money. And there are many online training institutions available from where you can learn and develop skills.
How Do You Increase Your Sell?
“Where there is a will, there is a way”, an adage signifies that you will always find a way to achieve something if you have enough will power within you. It is a matter of fact that, when a freelancer starts affiliate marketing he/she carries an energetic vibe within them in the beginning, later, when they do not get any or enough sales, they begin to lose their hope and motivation and decides to move onto other opportunities.
What can be the reason for not getting enough sales? Well, the primary reason can be what you are doing to sell, you are not doing it in the right way. This means, selling mostly depends on your skill and strategy. But, you will be happy to know that there are many strategies available to sell products online, such as practice SEO optimization techniques on your site paid marketing, Upsell, and many others.
In summary, like many other freelancing options, affiliate marketing can reward one with many advantages and earnings at the same time. To start affiliate marketing you don’t need heavy tools or have expert knowledge on any kind of coding or programming. With some skills, techniques, and marketing strategy you will be on your way to the peak of success. Remember, it takes patience, energy, and time to become a top-rated affiliate marketer.