An affiliate program also known as an associate program is a monetization model in which affiliates earn a commission for marketing a company s products.Its simple relationship between two parties an (A) and (B).(A) The online store owner has products they want to sell,and( B)The affiliate promotes these products on their own site and earns a commission on every sale or action.Big affiliatemarketing
Benefits of Affiliate Marketing
Affiliate Marketing offers huge potential to expand your reach and potential website visitors.While the growth of the affiliate marketing industry is already a good indicators of success,lets look at some of the key benefits you will reap if you launch your own affiliate program.more learn benefit affiliate marketing
Scope of Affiliate Marketing
1.Scope of passive income
2.Major companies today are dependent on affiliate marketing
3.Recurring commission
4.Affiliate marketing is used in almost all the niches today
5.Affiliate Marketing is very effective at driving online sales.today is fuels approximately 15% to 20% total online sales.
Different Affiliate Marketing
a.PPC-Pay Per Click Model
b.PPL-Pay Per Lead
c.PPS-Pay per sale
d.Sidewide commission
e.One time commission
f.Recurring commission.
Methods of Promoting Products
1.Youtube
2.Webnars
3.Ads
4.Email Lists
5.SEO
How to Choose Profitable Niche in Affiliate Marketing
If you want to do affiliate marketing .Finding a profitable niche should be your first priority.
way of finding profitable niche:-
1.Your micro niches can also be considered according to your requirement
2.Find out the no of potential traffic sources
3.Consider search volume &potential of that niche
4.Potential of monetization options with that niche
5.Consider your own interests.
Affiliate Marketing Related to Myths
Way of affiliate marketing related myths
1.This can not be full time business
2.Consumers do not like affiliate marketing
3.You have to expert of all the fields for same
4.Affiliate marketing is not a business
5.Skill is not required
6.You earning depends on luck
7.More product more profit.
FAQs About Affiliate Marketing
1.How can i start affiliate marketing for free in India?
>find a niche
>choose an affiliate program
>choose a traffic source
>create content to build trust
>grow an audience
>send traffic to your links
>respond and chat with your audience
>track your results
Conclusion
Affiliate marketing is certainly no get rich quick scheme however it can definitely make you rich if you are prepared to put in the effort and research required and make a commitment to building and developing a successful brand