Affiliate Marketing is one of the best marketing to earn money easily. Affiliate means “officially attach or connect (a subsidiary group or a person) to an organization.” Now may be you don’t understand what i am talking about. So in this Post, i will tell you all about affiliate marketing, how it works and how can you earn money from it.
First of all you need to know about some terms related to affiliate marketing.
Affiliates – Affiliates are those who are connect to a merchant (eg. Amazon Affiliate Program), Affiliates earns commission whenever anyone purchase service (s) or product (s) of the merchant you are connected.
Affiliate Network – There are many affiliate networks like: VCommission, Payoom, CJ etc. These Networks are connected to almost every merchants.
Affiliate Link – An Affiliate Link is a specific URL that contains the affiliate’s ID or username.
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 or service site.
Commission percentage/amount: The amount or percentage you will be receiving in affiliate income from every sale.
What is Affiliate Marketing ?
Affiliate marketing is a type of performance-based marketing in which a business rewards affiliates for each visitor or customer brought by the affiliate’s own marketing efforts. In Simple Words, In Affiliate Marketing you refer someone to any online product or service and when that person buys the product based on your recommendation, you receive a commission.
How Affiliate Marketing Works ?
A Person decides to purchase product (s) or service (s)
Then He/She lands an affiliate website in search for lowest price or just finding.
The Affiliate website Redirects that person to the merchant website.
When the Person finally purchase that product or service, the merchant rewards the affiliate.