Affiliate marketing is the process of earning a commission by promoting someone else’s product or service.
When we consider the products or services, marketing is the base of their selling process. However, marketing is not an easy task in this competitive modern world. Lot’s of companies invest a huge amount of money for their marketing campaigns. And there are lots of techniques that they use to promoting their products or services. Affiliate marketing is one of them.
The great thing behind the affiliate marketing is you don’t have to create or sell a product or service, which means you can start with zero investment.
How does Affiliate Marketing work?
There are lots of companies in the world that support affiliate marketing. As a first step, you have to choose the best affiliate program. You can use more than one, there are no limits.
After sign up for the affiliate program, they provide a unique link call Affiliate link. You can share that link via Blogs, YouTube videos, Social media, Facebook ads or any other form.
When someone clicks on that link and purchase any products or services, you can earn a commission from that.
Why should you choose Affiliate Marketing?
There are no charges to join the Affiliate program. You don’t need any capital, the only thing that you need is the internet and computer.
Affiliate marketing is always a win-win for everybody involved. It’s a win for the company because the company acquired a customer or sales, and it’s a win for you because you have got to earn money by doing little effort.
You don’t have to create a product or service, you don’t have to be the expert, you don’t have to sell the product. The only thing that you do is educating people and send them to the main product or service website.
Most of Affiliate program offer 30-100 days cookie period. That means if someone clicks on your link and reaches to affiliate product but he doesn’t purchase anything at that moment, but if he revisits that site within 30-100 days and purchases something, then you can earn a commission from that. This is one of the most exciting facts on Affiliate marketing.
Disadvantages of Affiliate Marketing
At the moment, Affiliate Marketing is one of the biggest online marketing methods in the world. You are going to join that industry. There is no barrier to entry, so lots of people and organizations involve this and competition is very high. There are more than 100000 new websites are started every single day. So you have to face the competition to rank yourself.
Affiliate links tracking based on cookies. Let’s assume someone clicks on your link and decided not to purchase at that moment, and then he clears the browser cache, changes the browser (chrome to firefox) or uses another device to purchase that affiliate product. In that case, you are not going to get a commission, because your affiliate link can’t be tracked.
All the Affiliate partners are not good. Sometimes your affiliate partnership decided not to pay you by showing different kinds of rules and conditions. Therefore, please do some research before joining some affiliate program.