(as of Jul 30,2020 00:02:22 UTC – Details)
Do you know that currently, the affiliate marketing industry is worth more than 6 billion dollars? Have you ever wanted to earn money online? You would be surprised to know that affiliate marketing is one of the easiest and most scalable ways to make an online money-making machine.
Affiliate marketing is quite simple, all you need is find a product you like, talk about why you like it in a way that is compelling for others and then give your viewers an easy way to purchase the product you like for themselves. As such, it is also a common entry point for those who are looking to generate a passive income stream as well.
Benefits of affiliate marketing:
- No need to maintain inventory
- Automated Payouts in most cases
- Any sale made by the user once a cookie is dropped in his browser makes you money.
- No initial capital required to start.
The most critical steps involved in the process of affiliate marketing is creating content. The content is what draws people to your blog or website, and helps with finding affiliates. Remember that content is king and it is essential to come up with some that bring value to your customer.
Listen to this audiobook to understand how to find a niche that can help you stick out from all the other affiliate marketers who are circling the same general product, thus making your affiliate marketing more effective in the long run. This can be more difficult than it sounds, however, as not every niche and sub-niche is automatically going to be profitable which is why it is important to do the proper research before you get started to avoid wasting your time.
As an affiliate, you first sign up with the advertiser either through an affiliate network or directly. After the contract is signed, you will get a special affiliate URL or link containing the affiliate’s username/ID.
You then use this link for display on your website. Sometimes, the advertiser will send some creative content or banners to you that need to appear on your website. These details usually form part of the agreement.
When a visitor to your website clicks on the advertiser’s link, a cookie from the advertiser is dropped onto the visitor’s computer.
The customer then makes a purchase or does a required transaction on the advertiser’s link. When the visitor completes the transaction, the advertiser will check the cookie on the computer and find your affiliate ID and give you credit for the transaction.
This audiobook will also help you learn how to select the best physical or digital products that you can go for as an affiliate. The amount of money that can be made is humongous if the right methodology is adopted.
Here is a preview of what you will learn:
- What is affiliate marketing?
- How to find a niche
- Advantages and disadvantages of affiliate marketing
- The mindset of affiliate marketing
- Create your affiliate marketing plan
- And more…