What is Affiliate Marketing? And things to be care here!!

Are you reading this article because you just wanted to know about the Affiliate Marketing or you wanted to know the ways in which you can earn money out of this model??

I guess you're here to know how you can earn. Because to know what Affiliate Marketing is, you could've simply googled it. So let's not waste more of our time and let me tell how you can earn here.

But before that, you need to know the difference between doing affiliate marketing for physical products and digital products.

Affiliate Marketing is the most profitable and at the same time the riskiest model of business that one can join for any physical product if we talk about.

Profitable only when you are a great sales guy and can turn even at least 10% of your leads. The number sounds easy no? But it isn't. Trust me!!

Why it's risky for a physical product?

Because when you sell a physical product, it's either very costly or something that you yourself don't want to purchase, but you purchase in the first place because that's what you needed to do in order to join the business. And it's not you who's great here, but the salesman. 

It'll always cost you at least 30K (this is a very low number I'm telling you) to join any kind of affiliate business for physical products. And again, the trouble here begins only that why would any person will invest 30K in business just because you'll ask them to?? This takes a lot of good communication and marketing skills. Else you won't be able to do it. And even if you sell any product here, you'll get Max to max 10 or 20 or 30% of the commission. So you need to make at least 4, 5, or 10 sales firstly in order to bring your net balance at Zero. Let's proceed ahead now towards Digital products.

Wait!! Are you thinking that there are products out there over which you can do the affiliate marketing without investing any?? Well, try that.. those are even more difficult to sell until unless you're some celebrity or very known and famous in the market or have relevant skills. But again, this will consume a lot of time and effort to even begin a sale and get in front of the eyes of people. Also, they never teaches you the skills that one need to know to make sake.

Now Finally, thing that you wanted to know about!

Affiliate Marketing for Digital products!

Digital products are generally very cheap and are readily available in the market.

Why they are cheap?? Because it takes a one-time effort to create those products and bring them in the market. Like creating Video lessons, PDF's, audiobooks, etc. are examples of digital products that are best for Affiliate Marketing. But again, as easy it is sounding to you it isn't. Trust me.

You can easily earn minimum 40 to 70% on the digital products as an affiliate commission when you sell any product to any person. Also they cost you generally around 4K to 10K only, max to max. So you can always choose the best courses for you in the market for affiliate marketing.

Now, Going with what kind of digital products will be good??

Let me tell you, Always go with the product that provides learning to you. Never ever go with a product that you yourself don't understand because if you yourself will not be able to learn and understand the product, you won't be able to sell it as well.

I'll tell you about it more in my next article.

Always remember the first ethical rule of sales,

Don't sell a product, sell its value to the consumer.

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I'll share some affiliate products as well in my upcoming articles.

So stay tuned and follow me if you haven't yet!! :)

I hope this helped you to get a little understanding about Affiliate Marketing.

Comment below your views on it. Would love to know.:)