What is Affiliate Marketing? | A Step-by-Step Guide

 

What is Affiliate marketing? According to Wikipedia Affiliate marketing is a type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought by the affiliate's own marketing efforts.

or We can explain It in easy Way " Affiliate marketing is a marketing process where a user promote a product or services at his own source( Blog or Website) and get a commission from Company or Organization".

How Affiliate Marketing Works.

When a Merchant wants to promote there product or services then they offer an Affiliate Program for users.

 The merchant gives each affiliate a unique link so they can track who was responsible for a sale. The link will usually look something like this:

When someone clicks that link, a small file called a cookie gets stored on their device.

3 P's Of Affiliate Marketing

1. Product:- The Product or Services is your Offering. We need a Product to sell and most importantly, a Product that would solve a problem. 

2. Platform:- Having a website, is your own platform where you can promote products or services or we can also promote on a social media platform and drive traffic to your website.

3. Promotion:- There is 5 Primary source for generating traffic.

    I] Direct.

   II] Referral.

  III] Organic.

  IV] Paid.

   V] Social Media.               

Choose your niche

Select a Niche that you are passionate about. At least to begin with.

Choose a topic that focuses on a specific category.

Keeping your topics tight can help you build a more focused audience and potentially help you rank higher in search engines.

That’s what I did when I built my first site. Instead of talking about “dance” or “hip hop,” I decided to limit myself to just breakdancing. Despite not knowing anything about SEO back then, I managed to rank for a few key terms and generate ~3,000 organic visits per month.

** Golden Rule: Audience First always."

Affiliate Marketing Pros & Cons.

Pro:

1. No need marketing experience: You don't need any marketing experience for affiliate marketing. just need basic knowledge of SEO and Writing helps you lot.

2. Flexibility:- there is the three most common reward type.

1. Pay-par-Click :
2. pay-par-sale :
3. Pay-par-lead :

3. Way of Passive Income: While Yor is working or on your job your Affiliate links and post works in the background, with the help of SEO and proper writing skills you could see your passive income cash flow.

4. You Can do it in Your Free time.

Cons: 

1. It's So crowded and Competitive.
2. You can't Control offers, Products, and Services.
3. There are scammers:- Affiliate marketers need to be very aware of Fraud and fake affiliated programs. 

Source :

Affiliate Marketing Blogs That Will Teach You Everything 

1. Pat Flynn :  Learn Ethical Affiliate Marketing.

2. Matthew Woodward : For practical guides, tips on affiliate marketing,Matthew Woodward is your guy.

3. John Chow :   Read his tips if you want to charge up your skills.

4. Luke Kling:  He’s is a Programmer, Social Media Expert & an Affiliate Manager. He’s the brain behind afflict (an affiliate marketing forum – highly recommended) and FPTraffic, a Facebook page management tool.

5. Missy Ward : Missy Ward is CEO and co-founder of Affiliate Summit. She has       written a few books about making money through blogging, including “Make Money with Your WordPress Blog”.

Conclusion : 

                      Affiliate Marketing has a huge Opportunity but only if you know what are you doing! affiliate programs still remain a lucrative source of income and are an efficient tool for drawing new clients to your website. And affiliate marketing on the whole is showing its potential to produce more and more successful advertisers.

a web designer.a blogger.a marketer.a social media expethe brain behind affLIFT (an affiliate marketing forum – highly recommended) and FPTraffic, a Facebook page management tool.[Source": https://www.searchenginejournal.com/affiliate-marketing-blogs/299053/]