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Have you ever attempted earning through affiliate marketing? It’s in vogue. It’s the latest marketing trend that provides digital marketing a significant hype. Without wasting more time, let’s switch to know what it is and how it enables you to earn thousands of dollars effortlessly.
Affiliate Marketing- The word ‘Affiliate’ implies subsidiary or officially attached. Have you got the idea what does it mean? It’s actually a kind of marketing that is done by connecting to the online merchant.
Let I make it clearer through an example. Consider Flipkart as the merchant. It acts as an online seller by contacting directly to the purchasers. Now, an outsider like you and me can be its partner in selling. What I need to do is to become its affiliate. Yes, I have to become its official connection!
It’s indeed proximal to the ‘mouth to mouth publicity’. The only difference is that it requires the power of content unlike verbal bragging. Just fulfill all formalities to be an affiliate of the official seller (Flipkart). Subsequently, promote its products through multiple blogs, articles and forums.
So, its golden rule is to bring as many customers as you can for earning commission from the pocket of the merchant.
Indeed, an affiliate acts as a referral. Let’s get through this concept deeply.
Referrals: Referral stands for referring. Let’s say, I want to land to you to Build Online Reputation in India web page. I would boost it by spinning mind-bowing content so that an irresistible temptation will spark in the readers’ heart.
Now, the only work remaining would be publishing it on various blogs, article and websites. I would target the high page-rank and authority websites to publish because they are the funnel of producing explosive online traffic. Eventually, I would get the referrals (the site or blog where I published the content).
How it creates earning for an affiliate?
Affiliate marketing is no less than the play of referrals. Generating references, the affiliate channelizes traffic to the true merchant’s site. If the readers find it worthy, they place order. Eventually, the commission on the basis of the sale goes to the pocket of the affiliate from the merchant’s wallet.
Literally, the affiliate requires no capital investment, expertise or skill. However, if he possesses excellent copy-writing or content writing skills, it would be a bonus.
For traffic, it’s win-win situation from both sides. It gets access to what it desires within a click. It has to neither pay nor strive for reaching the useful products/services.
How can you create references?
- Own a website to run as an affiliate, like voonik and many more.
- Acquire a domain that allows creating an online setup for working as referrals.
- Kick-start multiple blogs for publishing the content on diverse online places.
- Get active on social media which also emerge as an excellent platform to generate leads through FB features& accessibility to the largest visitors’ community.
How does affiliate marketing actually work?
The internet marketing geeks need no introduction of its functionality. But for newbies, it’s an outstanding experience to acknowledge how this digital marketing trend works.
The merchant runs an affiliate program that has its own ‘Terms of Service’ (TOS). For example, the merchant site announces 70% commission on every sale. And if the same referral makes another payment within 15 or said period, the affiliate will be rewarded with 70% commission. But if the referral does so after the said period, the affiliate shall not be liable to earn commission.
Wondering how the merchant traces referrals?
It happens through tracking link. The merchant website provides a tracking link to the connected partner (affiliate). It’s a unique link that distinguishes various official connected partners. It helps to track the progress of the link in terms of sale.
A unique ID is also allotted to be added to the referring pages. Even, the payment gateways, like PayU Money, PayTM, are also availed by the merchant website.
Eventually, it’s a winning effort to ride at the popularity chart of the users and create strong backlinks. The more you build backlinks the more your online reputation will be built up.
