Is it possible to make money on affiliate marketing?
What is the essence of affiliate marketing?
This is such an advertising mechanism, where the affiliate product is advertised or sold at the specified link. Sellers get the opportunity to reach a wider circle of buyers, and users have the opportunity to discover all the benefits of the product. When a person clicks on a link and get the product, you get a commission.
What to do next?
Becoming a marketing partner can be one of these ways.
The main way is to create a website or blog.
Following are the social networks.
Social media advertising increases brand awareness and and increases audience reach. And the best way in terms of price and quality is the sending of emails.
Whichever option you choose, you will need a base. A website, blog, social media page, or list of mailing list addresses. Then you sign up for the affiliate marketing platform.
There are two types of affiliate platforms: those that server as an intermediary between other companies and those who want to promote their own proposals. All partners have their own connection conditions and selection criteria.
Some platforms require a fixed number of visitors to your site or blog before you receive offers, others must prove that you are promoting their goods, and others are open to different approaches in advertising.
Once approved, they will provide you with specific product links or a system for adding links to your merch. Operating conditions vary by platform. “Platforms depending on conditions pay either for a purchase or for a click on a link.” Each platform has a different commission structure, which varies from 2.5% to 50%.
What is the revenue from affiliate links?
If you start with a little traffic on the site / blog / social networks / email list, possible earnings can be about $ 100. When your network is known and successful, it can earn from 1000 to 2000 dollars a month. You must remember that the commission will be paid on time indicated by the platform. Some of them do not pay until 60 days after receiving the commission.
Where to look for partners for links?
Google, this is the easiest option.
In order to better understand how it works, subscribe to thematic resources or take a training course. Do not forget about your goal. Develop and expand, the only way to succeed.