Affiliate Marketing is a type of performance-based marketing where you Join affiliate network and promote other product and get paid per sale.
About Affiliate Network.
Affiliate networks are third party companies who help merchants sell their products online.
Affiliate networks are websites that connect businesses with people who want to earn money by promoting those businesses.
These sites allow companies to advertise their products and services to interested parties and pay affiliates based on how many sales they generate.
Affiliates earn commissions based on sales generated through their website.
There are many different types of affiliate programs including Amazon Associates, Google Adsense, Shareasale, CJ Affiliate, Commission Junction, LinkShare, etc.
Here’s how it works:
Join affiliate network, get products link offered by the company. If someone clicks on the link and buys the product, you’ll earn a commission.
There are many ways to make money online today. One of the easiest ways is to start an Affiliate Marketing.
There are two types of affiliate marketing: physical and virtual. Physical affiliate marketer sell items directly to customers.
While Virtual affiliate marketer refer people to shop online through their unique affiliate link.
Note: Affiliate Network and affiliate program are the same and different somehow.
Let me explain: Affiliate Network are platform that both advertiser and the marketer can join.
You get more sales or blog traffic, as an advertiser and get paid for promoting that advertiser items.
While affiliate program, offered by the advertiser itself. Like Jumia affiliate program.
Amount To Earn Per Sale?
There are many affiliate programs out there, each offering their own commission rates.
Some pay 10%, 20% 30% or 50% per sale. You should be earning from $50 to $500 per sale.
Are these figures true? Should I expect to earn this kind of money from my affiliate program?
Of course Yes! Affiliate marketing has become extremely popular over the years. Anyone who owns an ecommerce site can benefit from affiliate marketing.
By promoting other businesses’ products through their websites, affiliates receive compensation for every sale generated.
The amount of commissions varies depending on the affiliate program and the fees charged by the merchant.
If you want to start earning high returns from affiliate marketing, you’ll need to spend some time learning the basics of affiliate programs and how they operate.
And Our mission on affiliatebeta.com is to teach you all the basics of affiliate programs and make a research, find out the best affiliate network for you to join and make huge commission.
Right Now, The average affiliate pays around 30% of the price of the item sold.
This means that if someone buys a $100 item, the merchant typically pays 30 cents ($0.30) to the affiliate.
This means the affiliate makes a profit only if he or she attracts enough customer.
Promote affiliate products.
In order to attract customers to the merchant’s website, the affiliate needs to promote the product at a reasonable price.
Otherwise, the customer won’t be interested in buying the product.
For example, if the affiliate charges $20 to promote a $100 item, then he or she would only make $10, not $30.
How to get started
This form of advertising has become very popular over time. In fact, according to Statista, the global affiliate marketing market is worth $16.5 billion.
This means that affiliate marketing is a great way to make money online and to make sales and traffic to your website.
Types Of Affiliate Program.
There are two types of affiliate programs: performance-based and cost-per-action (CPA). In a performance-based program, affiliates are paid for each sale they make.
In a CPA program, affiliates are paid per action — for example, per click or per lead.
The following are some of the top affiliate networks and what makes them unique.
Amazon Associates is Amazon’s affiliate marketing program. If you sign up for it, you get a special link that enables you to track referrals to your website.
You’ll receive commissions on any purchases that result from a referral.
Commission rates vary depending on whether you’re selling physical or digital products.
For instance, if you sell $100 worth of books, you might earn 5 percent of the purchase price.
However, if you refer someone to buy a Kindle book, you could earn 25 percent of the sale price.
ClickBank is a well-known affiliate marketer. ClickBank offers several different ways to make money using its platform including affiliate marketing, product creation, and online courses.
ShareASale is another popular affiliate network. It was founded in 1999 and now hosts over 1,000 brands and 1 million advertisers.
Shareasale offers various methods to make money using its affiliate program, including recurring commissions, tiered commission structures, and revenue sharing.
LinkShare is similar to Shareasale in that it focuses primarily on digital content. LinkShare specializes in digital information products, including ebooks and software.
In addition to these four major networks, there are hundreds of smaller networks out there. Most offer similar programs and have similar requirements.
In the next article, am going to share everything each of the platform details. How they works, how to make money with them and how to get started.
If you have any questions please feel free to drop your comment through the contact section. Thanks.