What is Affiliate Marketing and Why Can It Make You Rich?
A lot of Pinoys are curious about what is affiliate marketing and how you can earn through it. In this blog post, paguusapan natin kung ano ba talaga ang affiliate marketing and how it works.
TripAdvisor: How Does It Earn?
Do you like to travel? Have you come across the website TripAdvisor? This website lets you book flights, hotels, and restaurants easily, and all for free. Naisip mo ba kung bakit ito free?
Trip Advisor is one of the most successful companies that do affiliate marketing. What they do is this: they promote travel companies, hotels, etc. to website visitors, and they earn a commission for each booking.
If they earn $10 for each booking and they have a thousand bookings each month, that's $10,000 a month in commission!
So What is Affiliate Marketing?
Affiliate marketing is promoting a company's product (or services) and earning a commission every time someone buys because of you.
As you can see, there are four people involved in affiliate marketing: the advertiser/merchant, the publisher/affiliate (this is you!), the consumer, and the affiliate network.
Here's what happens. The advertiser produces the products/services and wants to make more sales by reaching more consumers. It realizes that a great way to do this is to partner with a publisher/affiliate.
The publisher can be a blogger, a website owner, or a social media influencer. This affiliate interacts with many consumers and can influence them to buy the advertiser's products/services.
An affiliate network is a platform that connects advertisers and publishers. An example of this is Amazon Affiliates.
The beauty of affiliate marketing is you don't have to invest time and money in developing a product or service. You just have to think of a product/service that you'd like to promote, apply for online affiliate marketing programs, and start promoting.
Ang una mong gagawin ay pumili ng isang profitable niche. For a list of the most profitable niches for affiliate marketing, check this out.
Also, if you plan on promoting on your blog, make sure the products/services that you'll promote is aligned with your blog's niche. If you blog about beauty and skin care, it doesn't make much sense to advertise arts and crafts materials, right?
Look for companies that offer affiliate marketing programs.
Once you have a niche, you now need to look for companies that offer affiliate programs in this niche. For this step, we need the help of our friend Google.
Then check each of the results and see which ones you can apply for. Consider the commission fee is and the other terms and conditions of the affiliate program.
If you don't want the hassle of looking for companies one by one, then try Amazon Affiliates and Clickbank Affiliate programs, two of the biggest affiliate networks today.
Advertise on your website or social media accounts.
Once you're accepted into an affiliate program, it's now time to start earning!
If you have a blog with good monthly traffic, this is a great place to start. You can also promote the products/services in your social media accounts.
If you're really serious about making money, consider creating a Facebook or Instagram ad campaign as well.
Now that you know what is affiliate marketing, you're one step closer to earning money online. If you know how to look for a profitable niche and generate leads and sell the product/service, you can definitely make a fortune here.
Got questions or tips to share? Leave them below!
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April is a freelance content writer intrigued by everything digital marketing. She thinks that earning while in your pajamas is the dream. When she's not writing, she's on her couch watching her favorite kdramas.
Hi colzzky, I am also doing affiliate marketing from clickbank, so far my kita nman ako but not as big as others,. ginagawa ko lng kasi is by paid ads like bing and google. problema kasi you need talaga ng investment. sometimes break even lang naman, sometimes lugi pa kasi my refund. I am waiting for your course pra maka enroll ako at my matutunan ako or any technique na pwede e promote yong affiliate site ko.. thanks!
hi i am thinking to launch new affiliate website and have plane to launch coupons or cashback website because I have some basic information about these affiliate marketing types and now I wanna to make a website on one of them. One of my friend recommend me revglue's revembed technology revglue.com/blog-detail/5-how-to-setup-a-uk-discount-voucher-website-in-ten-minutes for this purpose as its a uk base registered company but i am little confuse while using it because its a new website. Anyone has a experience with it. Please help me in this respect.
secondly how i can get high ranking in google search engine and how i can promote my website in better way.
Waiting for your response and thanks in advance.
I want to be inn this as affiliate marketer too..I convinced that affiliate is good money earner.
Here at Colzzky, we focus on your growth. our main goal is to equip our subscribers with tools they can actually use on the real world.
Gusto namin na maintindihan ng mga subscribers lahat ng training videos kaya Tagalog ang mga courses.
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