What is affiliate marketing and how to make money from affiliate marketing?- Affiliate marketing is not a new term but most of us don’t have any idea about it. It is like earning money for your referral of some product.
Consider a scenario before affiliate marketing started have got a good pair of t-shirt and a friend of mine like that t-shirt if I say him from where I have purchased date I won’t get anything in return.
But in affiliate marketing, if I prefer the same t-shirt to my friend and then he buys from my link then I will earn some commission for that t-shirt.
What is affiliate marketing
Affiliate marketing is nothing but a simple marketing process where you promote other companies’ products to your audience and when they buy their company’s product from you then you will get some commission for the product they have bought from your link.
If you are an absolute beginner then starting an Amazon affiliate or Flipkart affiliate will be best for you because people trust Amazon and Flipkart and they will buy products from there without any hesitation.
All you need to do is advertised those products on the WhatsApp group for Facebook pages or an Instagram account and when someone likes it and gets interested to buy it and finally they bought it from your link then you will get some amount as a commission.
But you have to keep in mind that all the commission for all the products is not the same some products will give you a higher commission where is some products will give you a lesser commission, on the other hand, some products are excluded from Amazon affiliate at all.
So you have to promote your products accordingly because if you promote a product that is excluded from the list of Amazon affiliates or promote a product with very low commission then you won’t be earning allot.
On the other hand, a high commission product has huge competition so you have to select your products accordingly.
If you are new then you should promote only those products of the future you have good knowledge because if you promote electronic items and you have no knowledge about it then you won’t be able to promote it properly.
but if you are an artist and have good knowledge about musical instruments then you will be able to promote it more efficiently to your audience they will trust you and they will be more interested to buy your recommended products only.
Before restarting your affiliate program you should know about the commission read very well the commission rate varies from 3% to 10% on Amazon
Whereas a software or travel agency is providing you more than 50% commission for each lead.
But as I already said that high commission product has already hi competition but you have a loyal audience based then you will be able to promote products more easily.
So before promoting your product see you should provide value to your audience this way they will be able to trust you more and if they trust you they will definitely buy from your recommendation only.
Show in Amazon affiliate marketing it is necessary that you have trust in your audience and your audience have full trust in you.
Because if your audience doesn’t trust you and if they think that you only promote products to earn money then they will think that you are not honest with them and they want to be interested in buying products from your referral
You can also use Facebook ads to bring more traffic to your Amazon affiliate marketing website because you will get more commission and earn from it is then you pay for those ads.
But if you are not getting enough conversion for your products then it will be a waste of money to run Facebook ads or Instagram ads on that product.
There are many channels through which you can promote your products such as you can make a website or a YouTube channel or you can make a Facebook page to promote your products.
A website or a YouTube channel is the best way to promote a product because they will be able to see you are here you more properly and they will know more about the product from your website or from your YouTube videos.
try making good content around your product such as if you are promoting a refrigerator then you can write content about the pros and cons of buying that refrigerator you can also make a YouTube video of your product and show what is good about it and what is bad about it.
Through your website you can make a list of the top 10 refrigerators this will help your customer to get a variety on your product
so if you are not partnered with any company for affiliate marketing then you are losing a very big opportunity affiliate marketing is going to be a game-changer in the coming year so if you start immediately you will have an upper hand they on this and you will get more experience from working from now.
for some affiliate company is you will get approval very easily but for some companies like JB zoo or commission junction it is quite hard to take approval for their affiliate but if you write a good approval note then you will get approval very easily.
to start affiliate marketing you are going to need a website or a Facebook page or YouTube channel live where you can promote your product and when you are applying for affiliate you will be there where you will you are going to promote their products.
Affiliate marketing his very easy all you need is trust and a list of honest followers who are ready to buy from your recommendations.
What is affiliate marketing [Basic Guide], So if you start now you will have advantages over others who are going to start late.