Want to make money while sleeping ?
No its not a dream scene any more . Yes you can make money while sleeping .
Well I am not talking about trading , much twweted topic crypto trading or some other projects .
Here I am talking about AFFILIATE MARKETING : a process to make passive income .
What Is Affiliate Marketing, Actually?
Affiliate marketing is the process of earning a commission by promoting another company’s product (or service).
You find a product, promote it to others, and earn a piece of the profit for each sale that you make.
Basically it is an advertising model in which a company pays others (e.g., bloggers) to advertise their products and services and generate sales and pays back a fixed commission for traffic or sales generated from your referrals.
In a very simple words you help a company to generate sales and you will get a part from the proft .
Sounding intresting ….. no ? Yes it is !
It’s two way process based on revenue sharing. Suppose you have a product and you want to sell more, you can offer promoters a financial incentive through an affiliate program.
On the other hand if you have no product and want you to make money, you can promote a product that you feel has value and earn incentives from it as an affiliate marketer.
Now let’s move towards basics of Affiliate marketing
Parts of a successful affiliate marketing system.
As per Wikipedia in affiliate marketing four parties are involved:
Few expers say that only three parties are involved :
But basically there are two main parties :
Merchant : Who think of an idea to generate a product ,validate it ,create the actual product with investment then plan to sell it in the market.
Affiliate Marketer: An affiliate marketer promote the products and market those to consumers, in order to make money.
Step by Step Guide to Affiliate Marketing for Beginners.
Affiliate marketing can be very powerful when it’s done the right way.
So here we go……..
The very basic steps are
- Decide a platform where you will be promoting the products .
- Choose your niche as per your passion as well as market trends .
- Very importantly ,find affiliate programs to join.
- Create great content and blogs for the products on your own websie .
- Drive traffic to your affiliate site and get clicks on that
- And finally converting those clicks to get sales.
But before starting as an affiliate marketer you should do some reasearch work as well.
Basic tips for becoming an online affiliate marketer
The very first step is to start reviewing products in your niche. It can be done on a YouTube channel, on a blog or even just using live streams on social media platforms .
Second step is the Connectivity with your audience ; that is very important .In digital marketing ” CONNECT” has a very high value .
so as a part of second steps you have to collect emails, so that you can connect with your audience at any time you want . You don’t have to get worry for them to see your content. You be in touch with them through ypur emails.
At third step go for a joint venture webinars to make a lot of sales in a short period of time. At the same time keep growing your email list through lead generation tools. Keep creating new content and keep updating your contents.
Fourth and final step is to grow your business with PPc advertising.
Affiliate Marketing is a vast field …here you have to dive and learn to swim . The more you practice and upgrade your skills sooner you are going to lead .
Instead of promoting affiliate products to new customers immediately, firstly you start building an audience. Try to know their needs and pain points. Based on this knowledge of what audience wants, You can then recommend products and solutions to address their issues and desires.
There is a lot to learn in this field . If you are intrested to learn Affiliate Marketing , you can join my upcoming training program .
I hope you get a brief of affiliate marketing for more details I ll cover it my training program . let me know if you are intrested to know about it in comment box.
I hope you enjoy reading this content .
Keep Learning Keep Experimenting !!!