Affiliate Marketing has been surprisingly popular in the past years. It is an easy way to earn money online. One can earn bucks at any time, from any place, even while sleeping. Isn't this shocking? Let us explain what exactly is affiliate marketing and how one can be an affiliate.

What is Affiliate Marketing?

Affiliate Marketing is a technique where a person looks for a product he/she likes and promotes it to his audience. The person is termed as an affiliate and gets paid by the brand for promoting the product as a commission. Every time someone buys the product through the affiliate, he/she earns a small price as a profit from the brand.

The product or the service is introduced to the audience by sharing it on a social media platform, website or a blog site.

How do you become an affiliate marketer?

Follow the below steps to enter into the affiliate world:

  1. Join an affiliate marketing program
  2. Choose your niche and the product you would love to promote to your audience
  3. Receive an affiliate link for each offer specially meant for you and your audience to purchase
  4. Share those links on your blog site, social media platforms, or website
  5. Collect your commission each time someone uses your links and makes a purchase

How do you make money as an affiliate?

The commission varies from brand to brand. You can't expect the same amount of commission every time. Once you have joined an affiliate marketing program, next important step to earn money is to get your site or website monetize. Create and post content that promotes the product. Attach affiliate links for your readers to click and purchase the product. Engage more audience and turn your readers into customers.

There are different rules for social media marketing. When you follow similar steps on the social media platform, it is termed influencer marketing.

The affiliate may get paid in three ways:

1. Pay per sale

In this affiliate program, the brand pays the affiliate a percentage of the sales of the product after the consumer makes a purchase of the product according to the affiliate’s marketing strategies. The affiliate must actually get the readers to invest in the product.

2. Pay per lead

Pay-per-lead affiliate programs are based on the conversion of leads. The affiliate should convince the consumer to visit the brand's website and fulfill the decided action.

3. Pay per click

This program focuses on redirecting the readers from their marketing platform to the brand’s website. This means the affiliate must engage the reader to such an extent that they will click on the brand's site. The affiliate is paid based on the web traffic he/she generates for the brand's site.

Affiliate Marketing is a new and unique approach that leaves behind the traditional concept of marketing. It proves success in earning money from home without actually producing any service or so.

Give it a chance and find yourself never regretting it.