The Best Earning opportunities with the Affiliate Marketing Process Now
The affiliate marketing is a type of marketing that is characterized by promoting third – party products or services in exchange for a commission. It is one of the best ways to make money with a blog and, a priori, it seems very simple. You have a blog, you put a banner promoting an article and “voila” to wait for the commissions.
But the reality is very different. Very few people, very few blogs make money from affiliate marketing. In order to earn money you have to know very well how it works, what types or possibilities there are, what to do and what not to do, what niches to choose, what products to select and how to promote them. We will see all this throughout the article.
Affiliate marketing and affiliate programs
Affiliate marketing is performance marketing. Its objective is to generate a sale through the promotion and receive, in exchange, a commission.
Unlike advertising banners such as Adsense where you do receive a commission (even if it is a paltry penny) every time a user clicks on the ad, whether or not a sale is ultimately generated.
The foundation of good affiliate marketing is built on trust especially when we are talking about making money with your blog. You are the visible face of your blog and your reputation is at stake. That is why you have to be very clear about what products or services you are going to recommend, since if those who acquire them based on the trust you generate feel disappointed with them, your reputation will fall quickly. You can Follow this WordPress tutorial and understand the process for having the right process of affiliate marketing through the Evergreen Wealth Formula.
Parties involved in affiliate marketing
Affiliate marketing is a win-win strategy in which all parties win when done honestly. The blog promotes a product that it recommends to its readers because they have tried it and are sure that it will add value to them. When a user clicks on the affiliate link, it takes them to the advertiser’s page. Through a cookie the advertiser knows that this referral comes through you. If the user makes the purchase within a certain time (it can be 30 days, although it varies a lot), the advertiser will pay you a commission. Thus, in affiliate marketing there are three parties involved and a fourth leg: the product or service.
The blog: It is the intermediary, the one who promotes the service to try to sell it. You can promote services from other blogs, third party products, whatever. Always recommended that you have tried it (and if you use it in your day to day, the better).
The owner of the product or service:
Or who has the representation. It could be a blogger who has created an info-product or a course, etc., a company that offers physical products and anyone who has quality services.
The buyer:
This is the user who accesses the product that you promote through your affiliate link.
The product or service:
What is at stake. It is what you are going to promote so that they can buy it through your website.