What Is Affiliate Marketing??—?Beginners Guide
Anish Kokani
Senior Digital Marketing Analyst @ West Pharma | Marketing Professional | Performance Marketing Specialist | Teacher | & Worked with 27+ Brands to generate Revenue & Leads
Everyone has the dream to have 8 Figure Income.
People want to earn money even when they are sleeping.
You want to do it right!
For 99% of people, affiliate marketing is how they get started.
The process behind Affiliate Marketing is that you promote others product which you are confident with and influence people to buy it from you.
When you do so, you earn the commissions or revenue share from the Seller or through Affiliate Network.
Definitions
According to Wiki
Affiliate marketing is a type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought by the affiliate’s own marketing efforts.
Translated In English by Anish
Affiliate Marketing is the process of promoting the products of other businesses which we are confident enough and influencing the people to make them buy your product.
Wiki tells that Affiliate Marketing involves 4 parties; like Merchant, Network, Publisher & Customer, ; and other networks say that it has 3 parties.
Let me explain all the 4 parties for you:
Merchant
The business owner or seller who manufactures or develops the product & is interested in sharing revenue through affiliate marketing.
Affiliate
An individual who publishes the content or even the companies ranging with different topics and use the affiliate links to sell the goods which suits their content or niche topic.
Customer
Now everything turns around when it comes to sales, where customer purchases the product from Affiliate, if it is useful for him / her.
So, now you will be able to see earnings as commissions by the company which you have sold their product as an affiliate.
You will not be paid anything if you do not work hard.
When customers purchase the product they are not charged extra as the affiliate marketing commission is already included in the selling product.
Affiliates Network
Some companies do not run the affiliate programme on their websites rather they use the other marketplace platforms like Clickbank, Shareasale to run their affiliate programme.
Marketplace makes it more easier for companies to handle with affiliates.
From sending the payments to answering the queries and handling the stats of every affiliate.
Sometimes affiliate needs to just go through the complete process of Affiliate network or marketplace to even get the affiliate links to sell the product.
So if you want to get started with selling the products like books, stationery, ebooks etc; Amazon is the best affiliate program.