Table of Contents
Interested in diving deeper into the fast-growing affiliate marketing industry? This article will help you get started!
According to Statista, affiliate marketing spend in the U.S. is expected to reach $8.2 billion by 2022, as the search interest in “affiliate marketing” increased by 200% since 2015.
The growing awareness about affiliate marketing made it a must to take advantage of this billion-dollar industry now!
In Thamara, we believe that affiliate marketing is the best money-earning way for all the parties involved; here are the top tips to guide you as a beginner in the Affiliate marketing world.
What is affiliate marketing?
Affiliate marketing is promoting other companies’ products through different online channels (blogs, websites, personal accounts, etc.) to earn a good commission. So, if you think you have marketing skills or an effective network, you have to consider the best solution for earning more income.
How does it work?
We said earlier that you get an incentive when someone buys through your affiliate link. Is it the only way to get paid? When does someone make a purchase? Actually, it goes according to the brand’s goals, some advertisers would pay you per action (sales, lead, click, etc.), which means the commission will be calculated upon the agreement.
How do they calculate/ guarantee the outcome?
Are you familiar with the cookies? Who doesn’t! It’s all over the internet, cookies are small pieces of data stored by the web browser while browsing a website. They were designed to be a reliable mechanism for websites to remember stateful information (such as personal preferences, information & items added in the shopping cart in an online store) along with helping the merchant attribute the sale back to the right person.
Here’s an example of how it works:
If a girl visited your blog (and you know how indecisive they could be), saw your promotion for a skincare product then she clicked your affiliate link to discover more, later she called her friends to ask about their reviews, posted on a group to check others’ opinions regarding this product, and finally, she decided to buy it after this journey, even if she opens a new tab and didn’t make the purchase through your link, a cookie earlier was stored on her device and the commission is yours.
How much money can I make as a publisher?
The answer to this question is up to you, you can make a few dollars or thousands of dollars, it depends on the digital effort you make. Here are some essential tips for you in order to get started:
1- Build a trusted platform:
Not just a platform, build a trusted one as there could be millions of blogs and websites discussing the same topic, but there are onlya few which people could actually trust, and this would take a while, so be patient!
2- Define your niche market:
Here’s a fact: if you started a blog about “fashion,” it would be impossible to stand out nowadays, as it’s too general, but if you specialized in “jeans,” it could be a nice chance to build a focused group and loyal community.
3- Choose an affiliate program to join:
The best feature in the affiliate marketing field is that you get to choose the products which you would be convinced to promote, by joining a good affiliate program and registering yourself as a publisher in a trusted affiliate company you will get the chance to choose from a wide range of products and services with high commission rate, it’s time to make some cash!
Learn more about affiliate marketing guides:
