What is Affiliate Marketing & How Does It Work?

Affiliate marketing is the most lucrative way to make money online. Want to know what is Affiliate marketing? Keep reading to learn everything about this widespread reflexive income method.

In this article, I have shared the basics of affiliate marketing and all the details you need to know in order to recognize how affiliate marketing works.

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What is affiliate marketing and how does it work?

Affiliate marketing is the eldest forms of marketing where you refer someone to any online product and when that person buys the product built on your reference, you obtain a commission. This commission differs from $1 to $10,000 depending on what product you are promoting.

How Affiliate Marketing Works in 4 Steps:

1.    You join an affiliate program (Amazon, Flipkart etc...)

2.    You pick a product to promote (You will obtain a unique affiliate link)

3.    You share that link by: - Social media, Blog, YouTube videos, Facebook ads or any other form.

4.    When someone makes a purchase, you earn an attractive affiliate commission.

simple words:

If your readers buy anything, you will obtain 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 distinct AFFILIATE LINK to land on the sales page of the site and buys something within the next 60 days, you will be allowed to the sale’s commission.

Affiliate Marketing Terms:

ü Affiliates: Publishers like you and me who are using       affiliate program links to promote and make sales.

ü Affiliate Software: Software used by companies to create an affiliate program for their product.

ü Affiliate Link: Special link offered by your affiliate program to track the progress of your affiliate promotion.

ü Affiliate ID: Similar to the affiliate link, but many affiliate programs offer a unique ID which you can add to any page of the product site.

ü Payment Mode: Different affiliate programs offer different methods of payment. e.g.: - Cheque, wire transfer, PayPal, etc.

ü Commission Percentage: The amount you will be receiving from every sale.

ü  Link Clocking: Most of the affiliate tracking links are horrible. Using a link clocking technique like URL shorteners, you can turn ugly links into links that can be deliver and understood by your readers.

How much Money can you make as an Affiliate Marketer?

“Unlimited”.

Many Affiliate Marketers are making millions of dollars a month. I personally make more than $200/month from Affiliate marketing. The key here is how you are approaching the whole process. The one that I have been using from the past 5 years, is via blogging. This has been the most active one.

How much does it Charge to Join?

There is no charge for joining an affiliate program but, your total cost depends on what promotion practice you are using. For example, a blog post doesn’t cost a time, but PPC marketing, email marketing, and advertising come with various price tags.

Affiliate Marketing and AdSense: Can we use both?

Yes, you can use both as affiliate marketing does not interrupt any AdSense TOS. Af

filiate marketing?

I hope this guide to Affiliate Marketing will help you get started. If you have any additional questions, feel free to ask me in the comment section below.

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