Earning Opportunities are high in Affiliate Marketing!!!

Many of us come across the buzzword “Affiliate Marketing” and lots of webinars are there and they conveyed that we can easily make money without any prerequisites.

Is it true?

What is affiliate marketing?

You can earn money as a commission for promoting the products or services of someone. It is completely performance-based marketing and your earnings depend upon how much traffic you able to drive for their business.

From a merchant point of view, they always want to expand their market and increase revenue through multiple resources.

Affiliate is one such resource that helps them to get more business. Based on the additional sales generated by the affiliate, the merchant paid the commission to them.

If any individual wants to start a business and build a brand, it incurs a huge investment of money and time.

Instead, if they choose to act as an affiliate for someone, they can earn money easily but not immediately for beginners.

How big the affiliate market is?

Affiliate marketing spends in the US alone is going to reach about 8.2 Billion US dollars by 2022 (Source: research expert A. Guttmann)

In India, there is a growth of about 30% every year and it is the next big thing in the future to boost the marketing and sales for established giants as well as newcomers.

How does Affiliate Marketing work?

Both of the below models exist in the market and it depends upon the company and their policies.

How to become an affiliate?

You can approach a network or a merchant directly to enroll in an affiliate program. Before you approach them, you must have a strong digital presence to attract and influence a set of audience.

To understand this digital presence in a better way, the below scenario will give an idea.

If you are interested to watch movies, then you can create a blog and write a review about the movie.

The way you narrate is supposed to be likable to many visitors, initially, you have to drive traffic into your blog either in an organic way or you can spend money to reach your targeted audience.

Slowly you can build your audience. If any new releases the audience will visit your blog and spread a word a mouth about your review and you get a new audience to follow up and it will grow.

Now you can choose a product to promote and embed affiliate links in your content.

Many organizations will support you with large creative inventory such as demo videos, banners, and copy examples designed to help you earn the most commission possible.

How you get revenue is the other question right?