Share this
Affiliate marketing is an online marketing method which includes links to product resources and when someone buys a product or service through those links, the record is tracked by the selling website with affiliate marketing link tracker and who promotes the products with links, gets certain percent of commission, without adding any extra cost to the original price.
Nowadays, affiliate marketing is increasing day by day and most of the bloggers earn through this way. Earning money is quiet easy. Just write posts, reviews, insert affiliate links and earn money. Thousands of bloggers earn passive money through this method.
- Affiliate marketing could reach worth $8.2 billion by 2022 only in the U.S.A and, globally it reach up to $12 billions.
- 80% of the brands rely on affiliate marketing to increase sells.
- 16% Ecommerce sales are made through affiliate marketing in the U.S.A and Canad.
- More than 80% Publishers join affiliate marketing program.
Important terms with Affiliate Marketing
You have, now, learnt what is affiliate marketing. Do you want to earn money through this tactics. Indeed! It is a great way way for bloggers to earn money. Many a bloggers earn passive income using this way and you too can but you should know some technical terms linked with this.
Let’s know, what are the terms linked with this:
Affiliate Sites: Affiliate sites are those websites which provide opportunities for affiliate programs. Suppose you have a website like affiliategroup.xyz and it provides a lot of resources on affiliate programs. Now, bloggers can join it to promote your products through numerous ways. As your website gives affiliate programs, your website is an affiliate website.
Affiliate Marketers: Affiliate marketers are those bloggers, digital consultants and entrepreneurs who join an affiliate program. Most of the affiliate marketers are bloggers.
Affiliate Program: Affiliate programs are run by the affiliate networks and the sites those provide it. There are numerous affiliate programs in the market. Most of the programs are online and promoted through online activities.
Affiliate Networks: Affiliate network is a site that facilitates affiliate programs, affiliate links, tracks transactions through affiliate link trackers and give payment. The affiliate networks are Amazon associates, C.J, and Opine Networks.
Affiliate Links: Affiliate links are simply links which are provided by the affiliate networks or the sites which provide affiliate programs. Affiliate links are also known as tracking links and they play vital role in tracking affiliate sales, visitor’s interactions like clicks and sales.
Is Affiliate Marketing a Good Way of Earning?
Many a readers ask is affiliate marketing a good way of earning? You should know about it before you are going to start affiliate marketing. Just after creating and launching a website, you will not receive good amount of organic traffic. As I have seen from my practical experience that your site will not get enough traffic for the first twelve or eighteen months. Gone are the days like just create a site, write blogs and you get huge web traffic. This was the trend of web traffic before 2012 up to 2015.
You have to do lots of work to drive organic traffic into your site. It takes time too, So, you can join affiliate programs or affiliate networks to earn money as you like. It allows you to earn money as much as you can. There is no limitation on earning. Sky is your upper limit. Many people make living with affiliate earning. With implementing proper tools and strategy, you can earn money from affiliate resources.
Bloggers earn money with Affiliate marketing:
- $500-1000/Month
- $1000-2000/month
- $2000-3000/Month
- $3000-4000/Month
- $5000-10,000/month
- $10,000-15000/month
- $15000-$20,000/month
- $30,000-40,000/month
New bloggers earn about $500-1000/month when start marketing through affiliate networks. When you get a lot of web traffic, your sales increased and you get a lot of traffic. Many bloggers earn $10,000/month. The veteran bloggers earn $20,000-$30,000/month.
Earning through affiliate program is a good and reliable way. No need to invest money. You can promote affiliate products through:
- Emails
- Newsletters
- YouTube videos
- Facebook posts
- Twitter posts
- Instagram and
- Blogs
All the ways I have referred here can be done through online.
Want to earn money through affiliate program? If yes, you have undertaken great opportunity to earn money in a passive way. All that you need to do are:
- Register a domain
- Purchase a web hosting plan and
- Start to build a website.
You can register domain with the ICANN-accreditted domain registrars. There are many domain registrar companies like Namecheap, Bluehost, Dynadot, Name etc.
Choose anyone of the companies, choose a domain and register it.
Once a domain registered, purchase a reliable, secure and best web hosting plan. Choosing a WordPress CMS is a good option, as it is most user-friendly and does not need any code. You can choose a basic WordPress, a Shared hosting or a managed WordPress plan—-Whatever you purchase matters to you. I recommend to start with either basic WordPress, basic shared hosting or starter managed WordPress.
Once a hosting plan purchased, start building a website, step by step. Install WordPress, customize site, upload logo, create pages, posts, categories, content and publish your site.
When you add content in your site, insert affiliate links into the contents and hit publish. Another point to remember is that you have to add a disclosure on FTC in the post, which normally placed in the upper part of the post or just above the link. It adds more value to your content. Adding this disclaimer is a must-have.
Billions of dollars are invested in affiliate marketing to increase sales, attract new customers and lead in the market. Now, almost every big brand in the developed countries use website and promote products and services to their customers through third-party sites using affiliate marketing strategy.
Be it digital products, food items, cloths, nutritional food, books, printing materials, utensils, devices, hardware, medicine or any physical product—- Affiliate marketing takes advantage of it and becomes a means of passive earning by thousands of bloggers, site owners, social media site owners and other digital consultants.
But when it comes to earning through affiliate marketing, many readers ask” is it a passive way of earning?” Of course, it’s a passive way of earning but that’s not absolutely right. As affiliate earning needs a lot of works, research, tools and campaigns, you can’t say in absolute terms that it’s a passive way to earn money. But that’s right in some aspects because without spending too much, it ltes you earn money.