What is Affiliate Marketing and how to earn money from it?
There will be many doubts in your mind regarding what is affiliate marketing, how it works and how to earn money from it. In today's topic, we will talk about that. Today's era is the era of computer, internet and online shopping / marketing.
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The trend of online shopping is going on and it is slowly becoming famous, so many people are showing interest in doing business online and earning money by creating e-commerce site and personal blog.
Those who have been doing online business for a long time, must have known about affiliate marketing or heard it. Many bloggers use it in their blog and there are some bloggers who do not use it in their blog, there can be many reasons for this like either they do not have much knowledge about affiliate marketing or they do not like this. You must be hesitant to think whether it would be right to use it in your blog or not.
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What is Affiliate Marketing – What is Affiliate Marketing in Englis
How does affiliate marketing work?
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Some important definitions related to affiliate marketing
There are some terms used in this marketing that are very important for all of us to know about So let's have a look at some of these definitions
#1. Affiliates:
Affiliates are called those people who, by joining an affiliate program, promote their products on their sources such as blog or website. This can be any person.
#2. Affiliate Marketplace:
There are some companies that offer Affiliate Programs in different categories, they are called Affiliate Marketplace.
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#3. Affiliate ID:
This is a unique ID that is received upon signing up. Each Affiliate is given a unique ID through Affiliate Programs, which helps in collecting information in sales. With the help of this ID, you can login to your Affiliate account.
#4. Affiliate link:
This is called the link that is provided to affiliates for promoting the product. By clicking on these links, visitors reach a product website, where they can buy a product. Through these links only those running the Affiliate program track the sales.
#5. Commission:
After a successful sale, the amount that the blogger or the one who sells (affiliate) is called commission. This amount is provided to the Affiliate according to each sale. It can be some percentage of the sale or any amount already fixed like already mentioned in terms and condition.
#6. Link Clocking:
Often Affiliate links look long and a bit strange in appearance, for this such links are shortened by using URL shorteners, which is called Link Clocking.
#7. Affiliate Manager:
In some Affiliate programs, some people are appointed to help Affiliates and to give them the right tips, they are called Affiliate Managers.
#8. Payment Mode:
The way to get payment is called Payment Mode. This means that the medium through which you will be given your commission. Different affiliates offer different modes. Such as check, wire transfer, PayPal etc.
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#9. Payment Threshold:
In affiliate marketing, some commission is provided to affiliates when they make some minimum sales. Only after doing this sale you will be able to earn payment. This is called the payment threshold. The amount of the payment threshold of different programs is different.
how to make money from affiliate marketing
In today's time, many bloggers are associated with affiliate marketing and are also making a lot of income, the best way to earn money from blog is through affiliate market. To make income from affiliate marketing, we have to go to any one affiliate program and register.
After registering, we have to add the link of the ads and products given by them on our blog. When any visitor coming to our blog will buy the product by clicking on that ad, then we will get commission from the owner of the company.
Here the question arises that which company offers this affiliate program. So the answer is that there are many companies on the internet that offer affiliate programs, some of them are very famous such as amazon, flipkart, snapdeal, GoDaddy, etc.
All such companies offer affiliate programs in which you can join the company by simply signup or register and choose their products and add their links or ads to your blog and earn a lot of money. And for signing up or registering, we do not have to pay anything to the company.
You can find out by searching in google which company provides the service of affiliate program.
Like write the name of any one company like say amazon and write affiliate with that name and search in google, if that company offers affiliate program then you will get its link from there and you can easily connect with that company Huh. But before joining any company, read its terms and conditions.
How to get payment from Affiliate Program?
It depends on different affiliate programs, which modes they support to pay their affiliates. But almost all programs use bank transfer and PayPal for payment. There are some such terms used in the Affiliate program, on the basis of which the commission is given to the affiliates like
1) CPM (Cost Per 1000 impressions): This is an amount that is paid by the merchant (ie by the owner of the product) affiliate (ie who promotes their product) on the advertisement of those products placed on the page of his blog . If 1000 views have taken place, then the merchant gives commission to the affiliate on its basis.
2) CPS (Cost Per Sale): This amount is received by the affiliate when the visitor of his blog buys the products. On the basis of the number of people who buy the products, the affiliate gets a commission on every purchase.
3) CPC (Cost per click): On every click of the visitor on the advertisement, text, banner placed on the affiliate's blog, he gets commission.
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