Is it possible to make money on affiliate marketing?
Is it possible to make money on affiliate marketing?
What is affiliate marketing?
This is an advertising tool, which uses a link to an advertised or sold item. This allows sellers to advertise a product to a wider circle of potential buyers., and users have the opportunity to discover all the benefits of the product. If someone clicks on the link and get the product, you get a percentage.
How it works?
Becoming a marketing partner can be one of these ways.
The most popular way is to create a blog or personal website.
Following are the social networks.
Social media advertising increases brand awareness and and increases audience reach. And the last one is the mailing list.
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 partnership platforms: those that act as intermediaries for two parties. and those who want to promote their own proposals. To register, you must meet the criteria specified by the site.
Some of them are website-oriented and require a certain number of visitors to your site before you can get approval, others must prove that you are advertising their products, and some are ready to meet you and use different approaches.
Once approved, they will provide you several web 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 partner pays a different percentage, which can be in the range of two percent to fifty.
Conditions and prices.
If you start with a little traffic on the blog or site, you are lucky for 100 dollars a month. When your network is known and successful, it can bring you significant revenue. Remember that the conditions and terms for paying interest on different platforms are different. Some partners pay only after two months.
Where to find a suitable platform?
Look for catalogs on the Internet. Many sites provide affiliate program listings.
In order to better understand how it works, subscribe to thematic resources or take a training course. Do not be passive! Look for options wherever possible.