What is affiliate marketing?
Affiliate marketing is an good way to generate sales and revenue Affiliate marketing increased from $5.4 billion in 2017 to $8.2 billion in 2020 only in the United States, Which means Affiliate marketing is the future.
How do affiliate marketers get paid?
A quick way to make money without selling a product, affiliate marketing is the best for those who are looking for making money online. But how affiliate marketers get paid the answer is given below.
The affiliate gets paid in the following ways
Pay per click
This is the basic method to get paid. In this program, an affiliate promotes a product, and when someone clicks and purchases that product the affiliate marketer gets paid a commission that was given in the affiliate product.
Pay per lead
Pay per lead is easier than pay per sale because the affiliate marketer gets paid on the conversation of leads. This affiliate must send traffic to the merchant’s website and complete the action which is like signing up, subscribing to our newsletter, filling out a form, or downloading a file of Software.
Pay per click
The affiliate marketer is greatly about generating traffic to the advertiser's website and wanted that the customers click and take the required action.
So, affiliate marketing is all about SEO (search engine optimization) however SEO requires much time and hard work so many affiliate marketers utilize PPC ads.
PPC (Pay-per-click) program focus on the affiliate redirecting a customer from the marketing platform to the merchant’s website. This means that they move from another side to the merchant site.
There are two concepts of PPC
CPA(Cost-per-action): In this affiliate gets a commission when the customer goes to the merchant's website and takes a required action such as signing up for a website, filling out a survey, etc.
EPC(Earning-per-click): This means how much an affiliate gets paid when 100 clicks on his/her affiliate link.
Pay per Install
In this payout system, the affiliate gets paid when a customer goes to the merchant's website and installs an app. So, if you get $ 0.20 per install generated via an affiliate program, and you get 500 installs, then the retailer will pay ($0.20 x 500) = $100.
how to get started with affiliate marketing
Follow these four steps step
STEP1: Choose your niche
Your niche is a category that you promote to stand among the other affiliate marketer my advice is to choose a narrow niche or a micro niche like food is a niche and grilling is a microniche. This help you to generate more traffic and also help in SEO (search engine optimization)
Here are some questions to ask yourself to find a niche
what I am good at?
what did I like to do?
what I am curious about?
It is hard to find a good niche you are passionate about you will need a lot of time and content for success in affiliate marketing.
STEP2:Find affiliate program to join
There are mainly three types of programs to join
High-paying,low-volume products with few buyers and giving you high commission
Loo paying, is a high-volume product with many buyers but you get a low commission
high-paying high-volume expensive product with mass appeal
Which program did you join? This depends on your level of experience and niche or micro niche. As a beginner, I suggest you promote low-paying high-volume products as the volume of these products is high so it is easy for you to generate income through an affiliate marketer.
STEP3: Create your content
If you want to succeed in affiliate marketing you have to write and generate content so that your website ranks on Google search and UserLand on your website and then click on your affiliate link. I suggest you do not highlight your affiliate link your main focus is on the content this is because users or customers read your content and if the content is good they click on your affiliate link and then do the required action and you get a commission.
STEP4:Drice traffic to you your affiliate site
Firstly you create your website secondly you want traffic so that consumers land on your website and click on your affiliate link.
Here are two traffic strategies
SEO(search engine optimisation)
SEO is the practice to rank your page or content in search engines like Google. For as long as your rank in search engines you will get passive traffic.
Paid traffic
This is where you pay money for traffic to your side. you can do this with PPC ads(pay-per-click)ads. Pay Per-click is good because the moment you start paying you get traffic there are some disadvantages of paid ads also firstly running ads did not get you profit or you lose your money Secondly once you stop paying for ads, your commission will stop.
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