How does affiliate marketing work?
What is the essence of affiliate marketing?
This is such an advertising mechanism, in which someone’s product is advertised or sold and a link is made. This allows sellers to advertise a product to a wider circle of potential buyers., and users have the opportunity to discover all the benefits of the product. When a person clicks on a link and get the product, you get a percentage.
How it works?
How to start earning on affiliate links?
The most common option is a web page or blog.
The second way is social networks.
Social media advertising increases brand awareness and and increases audience reach. Finally, there are email newsletters. This is one of the most cost effective types.
One way or another, you will need your blog or a ready-made website, or a wide audience on social networks, or a list of addresses for email distribution. Next you need to register on the platform.
There is a different approach, some platforms are intermediaries between companies and those that companies offer for their own product. When registering, each of them has its own criteria.
Some are targeted to websites and require a certain number of visitors to your resource before you can get approval, others must prove that you are advertising their products, and others are open to different approaches in advertising.
Once approved, they will provide you with specific product links or a system for adding links to your merch. You need to check with your partner what working conditions. “Depending on the platform, you will be credited with either clicking on the link or selling the product.
Platforms have their own method of accounting for action. This can be a link or a product purchase.” Each platform has a different commission structure, which varies from 2.5% to 50%.
What is the revenue from affiliate links?
If you have low traffic at the start on the blog or channel, you can count on about a hundred dollars. If your site or blog is successful, it can earn from 1000 to 2000 dollars a month. Remember that each partner sets his own terms and conditions for paying a commission. The commission can be paid at different times, sometimes you have to wait up to 60 days.
Where to find a suitable platform?
Google, this is the easiest option.
In order to better understand how it works, find professional communities or take a training course. Do not be passive! Look for options wherever possible.