Affiliate marketing is a way through which a blogger earns commission by promoting a company’s product through his website.
Whatever commission you get depends on the type of product you drive a sale, such as more on fashion and lifestyle categories and less on electronics products.
To promote any type of product you need to own a website. It is also very important to have sufficient traffic on your website or blog, at least 5000 visitors per day.
Apparently, if your website is new and is getting fewer visitors, then you will not get much profit by advertising the products on your website.
That is why it would be better that you put affiliate products in your blog only when your blog starts getting more visitors.
Benefits of the Affiliate Marketing?
- Higher potential revenue on low investment
- Free from any risk
- Progressive Passive income – You can earn money while you sleep.
- Performance-based earning
- No upper limits in income
- You can start it with minimal capital cost
How much can i earn from Affiliate Marketing?
It provides you with performance-based earnings. It has no upper limits on our income. So while answering your question “how much can i earn from affiliate marketing” it is important to highlight that – You can earn a commission each time you actually drive a sale through your website or blog your maximum earning depends on your sale only.
This commission is also known as an advertising fee.
Every time a visitor to your blog or site purchases a product through your link, you earn around 2.5% to 60% advertising fees on this sale. In that way, if there is no sale you will earn nothing and in contrary to that if you are able to drive a sale of 1 lakh products in a single night you can earn millions of dollars in that single night.
Here you can understand how diversified the entire process is.
READ: What is Google ad manager? How to login and earn money from it?
How does it work?
It is important to find an answer to this question and predominantly, it is in the direct interest of those people, who are in, any manner, associated with an online field.
Many of them yet want to start their affiliate network but they find it difficult to start. However, if they enter Affiliate Marketing without proper guidance or strategy the rate of success goes down for them.
Coming to the point, a product-based company or organization wants to increase the sale of their products, and to meet this goal companies hire influencers, run ads on Radio, newspapers, Televisions and on social media platforms. They also adopt numerous methods of advertising to promote their products. But these methods involve a huge initial investment.
Affiliate marketing is another simplest method of product promotion. The product-based companies start inviting their associate partners to join their associate programs. A person who has a legitimate blog or website can join this program. and start earning money.
It is a commission-based business and to earn this commission you need to put a special link and product banners on your site. These special links and banners are easily available on the company’s website for all partners whose accounts are approved by the company.
Since every website has some visitors and it is possible that some of the visitors do click on your special link and reach the website of product-based companies and buys a product or service. After a successful sale, the company or organization will provide a commission to you in return.
How to make money from it?
Nowadays, many bloggers are associated with affiliate marketing and are also making a lot of income, the best way to earn money from blogs is to connect your blog with an affiliate program.
To make income from it, we have to go to any one affiliate program and register. After successful registration, we have to add the link to the ads and products given by them (companies) on our blog.
When any visitor coming to our blog purchases the product by clicking on that link or banner, you get a commission from the owner of the company.
Which company offers this affiliate program
The answer to this question is that there are many companies on the internet that offer affiliate programs, some of them are very popular such as Amazon, Flipkart, Cj affiliates, etc.
All such companies offer affiliate programs almost without joining fees, you can join the company simply by registering to their program.
We emphasize that you always read the terms and conditions of the company before joining their affiliate program.
How to get payment from the Affiliate Program?
It depends on different affiliate programs, and which modes they support to pay their affiliates. However almost all companies use bank transfers and PayPal for deposits.
These terms are often used in the Affiliate program, based on which the commission is given to the affiliates.
1. CPM (Cost Per 1000 impressions): This is an amount that is paid by the merchant to a blogger against per thousand impressions of the product. If 1000 views have taken place, the merchant gives a commission to its affiliate partners by CPM method.
2. CPS (Cost Per Sale): This amount is released to the affiliate partner/blogger when the visitor of his blog purchases the products. The affiliate gets a commission corresponding to the number of sales generated.
3. CPC (Cost per click): A blogger gets a commission on this CPC rate when his blog visitor clicks on text, banner or links placed on the affiliate’s blog.
Can we use Affiliate marketing and Google Adsense together?
The answer is yes, you can use Affiliate marketing and Google Adsense on your blog or website simultaneously.
If you add affiliate products that are closely related to your blog content then you can generate more revenue as this will increase the chance of your visitors clicking on your affiliate links and buying a product. In this way, you can get more profit than Google Adsense.
That is why many bloggers prefer to use Affiliate marketing as it gives more profits than Google Adsense. The more products you sell on your blog, the more income you will generate.
Which are the popular Affiliate Marketing sites?
There are many companies available on the Internet, We will highlight the name of some companies that offers a good platform to their publishers.
Some popular Sites are –
How to Join Affiliate Marketing Sites?
To do this, you have to fill out a form and follow the instructions given by the respective companies on their affiliate page.
For example, If you want to join an Amazon affiliate, then you have to generate a new account where you need to submit some information about yourself such as –
Your name, Address, Email Id, Mobile number, PAN card details, Blog/Website Url (where you will promote the company’s product), and Payment Details like – Bank account number and IFSC.
Once our account is approved the company confirms the same via an email and to create a special link or banner you can log in to their affiliate dashboard.
FAQs
It is compulsory to have a blog or website for affiliate marketing?
This is not compulsory, but we highly recommend having a blog or website before joining it. A good blog or website always attracts more visitors.
The conversion rate is directly proportional to overall traffic to your website. More visitors will lead to more sales on your website.
Do all companies or organizations offer affiliate programs?
It is difficult to say whether all companies offer affiliate programs or not. But almost all the big companies offer this program.
Do I have to do any special course to join Associate Marketing?
No! You just need to have very nominal knowledge about this. You should also have a basic understanding of the websites and contents.
Are there any fees to join the Affiliate Program?
Almost all Affiliate Programs are available for free to join. If someone demands you a joining fee. We would prefer you not to make a mistake by joining their program.
How much money can we earn from Affiliate Marketing?
As earlier answered at the top of the article – It completely depends on your ability, how effectively you are able to attract your visitors to this program and, how many sales you make through them.
The most important thing is that – your visitors must have faith in you.
What should be done if the payment is not received properly in Affiliate Programs?
If there is a problem regarding your payouts, you can contact the support desk of the said Affiliate Company.
