Affiliate Marketing is one of the best way to make money through online. This is a something where you didn’t need any technical personal to start it, you can start making money with little internet knowledge.
Let’s talk about Affiliate Marketing
Easiest way to describe Affiliate marketing, when affiliate network helps another company to sell their products online and then affiliate website get paid commission for each sale you bring to them. For instance: If you are promoting a product of Namshi priced at $200 and affiliate network pays you 16% commission of the sale, you can earn $32. In short, it is a performance base marketing, where affiliate website will only receive commission if visitor makes a purchase.
Key Player in Affiliate Marketing:-
- The Merchant: Online website which provides products and services. Some of the merchants are: Namshi, Souq, Amazon, Cheapoair etc.
- The Affiliate Network: Affiliate network is an intermediary between merchants and publishers is called Affiliate network. Some of affiliate networks are: Shoogloo Media, CJ affiliate network, amazon, ebay etc.
- The Publisher: This would be a coupon website, personal blog, email & social media marketer who is publishing the merchant products. Publisher used tracking links, banners on their website to market products. If website has a lot of traffic, that means more potential customers. Some of the publisher are: com, kobony.com, retailmenot.com, freeshipping.org, coupons.com etc.
- The Customer: This would be a visitor who click and purchase the product from the publisher advertisement.
At the end, it explains that how affiliate marketing is a money making concept. When a person create some websites, blogs and tie-up with affiliate network which provides tracking links, banners. After then, visitor purchase the product which will generate commission.
Best of Luck!!!!
Have some good earning from affiliate Marketing. If you have any questions about affiliate marketing, please leave a comment below and we’ll get back to you right away.