What is affiliate marketing?
Affiliate marketing is one of the oldest forms of marketing wherein you refer someone to any online product and when that person buys the product based on your recommendation, you receive a commission.This commission varies from $1 to $10,000 depending on what product you are promoting.
The most common question I hear is related to how companies track the record of who is sending the traffic and making the sales. The simple answer is with a tracking URL (a unique link given to you by the affiliate company or product company).
This URL is used to keep track of all the traffic and sales you are making via your website or other promotional techniques. Many old-fashioned affiliate programs allow a buyer to add the email or referral details in an effort to account for affiliate sales, but this is certainly not the best way to track progress.
Many online companies who sell products such as shoes, web-hosting spaces, or some other service, usually offer an affiliate program. You can simply sign up for the program and get your unique tracking link. Now, whenever you are writing about their product, you can simply use this special tracking affiliate link to recommend the company’s site.
If your readers buy anything, you will get a commission.Every affiliate program has a set TOS. For example, many of them offer a 60-day cookie period, which means that if a visitor uses your special affiliate link to land on the sales page of the site and buys something within the next 60 days, you will be entitled to the sale’s commission.
Here are some of the common terms associated with affiliate marketing:
Affiliate Marketing :: FAQ
At this point, you should have a basic understanding of what affiliate marketing is and how it works. If you have any questions regarding any of this, you can always ask me in the comments section below.
Now, let me answer some of the common questions asked by webmasters and marketers about affiliate marketing:
Is affiliate marketing harmful or illegal?
No, it is neither harmful nor illegal, as you will simply be using the particular link provided to you rather than a direct link to link to any site.
How do I find an affiliate link for any product?
Not all companies offer an affiliate program, of course, but for those that do offer affiliate programs, you can check their website for related information. When searching, be sure to check the company’s FAQ page if they have one.
How do I find new products to promote?
Affiliate marketplaces such as those mentioned above are the best places to start your affiliate marketing research. You can browse your niche and see the top performing affiliate programs.
Is it important to have a blog for affiliate promotion?
Not necessarily, but a blog is really the best promotional tool. With that said, you can always use methods such as PPC or advertising to promote a product. This is more like hit-and-run affiliate marketing, however. The best way to make the most out of your affiliate marketing opportunities is to have a blog and use it for hard and soft promotion.
How much does it cost to join an affiliate program?
There is no charge for joining an affiliate program, however, your total cost depends on what promotion technique you are using. For example, a blog post doesn’t cost a dime, but PPC marketing, email marketing, and advertising come with various price tags.
What qualifications do I need to become an affiliate marketer?
There is literally no qualification required to become an affiliate marketer, though having good copywriting skills and marketing skills will be an added advantage.