What is Affiliate Marketing – How to earn money from Affiliate Marketing?
If you have ever searched on Google or YouTube about how to earn money online, then there you must have found a method called affiliate marketing. So, in this article we are sharing knowledge about What is affiliate marketing? and how can we earn money from affiliate marketing? Fo getting full understanding about Affiliate Marketing read this post till end.
Friends, there are many sources available on internet to earn money online. But the best option among them is affiliate marketing. In this you can earn maximum money, with the help of this you can earn as much money as you want. There is no need for any timetable for this and you can earn money from it anytime at night or in the morning.
Affiliate marketing is not at all like a job, it is like a business. Here there is risk, there is profit in lakhs, and there is loss as well. But if affiliate marketing is done properly, then the chances of loss are very less.
Friends, affiliate marketing is easy. Every human being can do it. If you have even a little knowledge of internet, then you can also do it.
What is Affiliate Marketing?
Affiliate marketing is a business in which a person promotes a company’s product through his social media, website or YouTube channel and makes it accessible to more people and advises other people to buy that product and in return affiliates get some commission for each purchase.
Now it is not at all that only products or online shopping companies have affiliate programs. Actually, there are many types of affiliate programs like
- Software company Affiliate
- Ecommerce website (Amazon, Flipkart, Snapdeal etc.) Affiliate
- Education Course affiliate
- Tools Affiliate
- Payment Application Affiliate
- Financial Affiliate
- Franchise Affiliate
- Business Affiliate & etc.
What is the future scope of Affiliate Marketing in India?
Friends, in today era India is the most populous country in the world. Here every company has maximum profit. Another interesting thing is that India stands at the second position in terms of internet usage. Ever since Jio’s entry into the Indian market, even a poor person can easily access the internet.
Today very few people are doing affiliate marketing in India because not many people know about affiliate marketing yet. As India is making its hold in technology, then in future affiliate marketing can become a means of earning a lot of money in India.
If you also want to do this, then first of all know some of the given definition related to it properly.
How do I Become an Affiliate Marketer?
Important Definition related to Affiliate Marketing
Affiliates
Affiliates are the person who joins the Affiliate Marketing Program of any company and gets the product sold through its source such as promoting from blog or website, Facebook page, Instagram.
Affiliated ID –
Every person who is doing affiliate marketing is given a unique ID, which makes it easy to find out how many products and which products he has sold. Every affiliate has its own affiliate ID, this ID You get it after joining the affiliate program.
Affiliate Link-
To sell any product, a gender is needed, this link is linked to your affiliate account, the link of the product you want to promote has to be generated, then the link that comes after that is called affiliate link.
How does Affiliate Marketing work?
Now if you want to earn lot of money from affiliate marketing, then it is very important for you to know that how does affiliate marketing work?
There are mainly three people involved in affiliate marketing.
- Company
- Customer
- Affiliater
Whenever a new company is formed, it does not have customers. Because of which company takes out offers for its Affiliate Program. So that people join their Affiliate Marketing Program and take their product to the customer.
Therefore, when a person sells the company’s product, the company gives him some commission and thus the entire affiliate marketing work is done.
For example, as salesmen sell the product of any company, and the company gives them commission. Exactly the same happens in affiliate marketing, here some people like us get the company’s product sold and its commission is given to them by the company.
If we talk about Amazon Affiliate Program, then you get commission on the number of sales you do here, if you have made a good sale, then you will get a good commission. There is no limit in this yet. That’s why most people consider the Amazon affiliate program to be the most correct.
After joining the affiliate marketing program, the affiliate link of the product you want to promote will have to be generated in the product available on the website. After this, how can you promote that product online or offline. When anyone clicks on that link and buys any product within a limited time or the same product within a limited time.
What are the benefits of Affiliate Marketing?
Friends, now you must have understood very well what affiliate marketing is and how it works. Now the question must have come in your mind that what are the benefits of affiliate marketing, let me tell you.
- It is not necessary to have a blog or website for Affiliate Marketing, you can do this even without a website.
- If you want to do affiliate marketing through a blog, then there is no need to take approval from anyone, like for Google Ads you have to take approval for your blog or website.
- There is no fee to register in Affiliate Marketing. Anyone can start it.
- Affiliate marketing does not require any kind of investment, it is a zero-investment business.
- t is very easy to create and share affiliate links, you can share affiliate links on social media.
Also Read How to earn money online in 2022?
How do I start Affiliate Marketing as a beginner?
If you want to start Affiliate Market, then follow below steps.
1. Build your platform on the Internet
If you want to earn more money from Affiliate Market, then first of all you have to create an online identity because only through internet you can become a successful Affiliate Marketer.
2. Should have a website, YouTube Channel, social media Page Like Facebook, Instagram, Twitter etc.
By increasing your identity on blog or social media, you can link there by joining any affiliate market program there. After which when someone buys something from your link, you get a commission.
When you are working on any social media like – Facebook, Twitter, Instagram, YouTube or any other social media then create your Audience because if Audience is not there then who will buy your goods. So that people can buy from your given link.
So, if you really want to make money from affiliate market, then you have to build an audience.
Apart from this, you can also create your own blog in the internet world, and you can earn a lot of money by doing affiliate marketing on it, if you do not know how to make a free blog, then you can read our post on how to make a blog. ”
3. Join affiliate program of any Company-
After build an audience, you will have to join the Affiliate Program of any company. On this digital world you may search on the Internet you will find many such companies who offers Affiliate Market Program.
For Example-
- amazon
- Flipkart
- SnapDeal
- Hostinger
- Upstocks
- Grow
- Paytm
- Google Pay etc.
4. Create Affiliate Link
Now when you have joined the Affiliate Program of a company, then after you have to create the affiliate link of that company’s product for sharing the products links to your audience.
5. Put Affiliate Link on Blog/Website
Now when you have created the affiliate link of that product of the respective company’s then you have to put that Link in the description of the video of your internet platform like blog or YouTube channel so that more and more people can buy that same thing through your link.
What is Link Clocking?
Affiliate links are often very long, which look very strange, the process of shortening these links through URL Shortener is called Link Clocking.
Also Read How to create Google Pay account?
Important terms of Affiliate Market–
Who are Affiliates?
People who earn money from Affiliate Market by joining Affiliate Program of a company, those people are called Affiliates in the world of Affiliate Market.
What is Affiliate Market Place?
There are many companies that launch their Affiliate Program in the field of different subjects, these companies are called Affiliate Market Place.
What is Affiliate ID?
When a person joins the Affiliate Program of a company, then he gets a unique number ID. Through this unique ID, that person can easily know that how many people are buying the same from his Affiliate Link.
What is Affiliate Link?
When a person makes a link of any product through his Affiliate ID, then that products link is called Affiliate Link.
What is Affiliate Commission?
Whenever a person buys a product from someone’s Affiliate Link, some amount is given to Affiliates and that amount is called Commission.
Who are Affiliate Managers?
The company running some Affiliate Program appoints a person to suggest people associated with its Affiliate Program, that person called Affiliate Managers.
What is Payment Mode?
The method of receiving the payment is called Payment Mode, it simply means that by which method you want to get the money earned from Affiliate Marketing in your bank account.
What is Payment Threshold?
The company running some Affiliate Program pays that amount to Affiliates only after earning a specified amount, this process is called Payment Threshold.
I Hope that you will get knowledge about how to earn money from Affiliate Marketing.