Affiliate marketing has made businesses million and ordinary people millionaires!!!
Starting out your career in affiliate marketing is not an easy task. The distinctive advantage of being affiliate marketer is one need not to hold any inventory. An affiliate marketer raises the level of conversions by any means either by writing blogs or by sponsored ads. This guide will help you to know how to get started with affiliate marketing with an affiliate network and how to become a successful affiliate marketer.
Affiliate marketing offers you a platform that helps in channelizing your efforts in right direction earning high profits on the sale done by you. Remember, you alone can become a affiliate marketer, partner with other or hire a team of affiliate marketers to work with you.
Some interesting facts about Affiliate Marketing:
- Affiliate marketing is worth $ 12 Billion industry now
- 84% of bloggers and publishers use affiliate marketing to grow their audience
- For marketers and advertisers, affiliate programs generate 15%–30 % of sales
- 81% of brands rely on affiliate programs to improve their business.
- The majority of affiliate marketers promote between 1 to 10 products only.
What Is Affiliate Marketing?
Affiliate marketing is a technique of earning commission by promoting and marketing of the products of other companies. Affiliate marketers’ searches for a product they want to promote or earn a slice of profit from every sale done by them. These sales are tracked via affiliate links from one website to another. Affiliate marketing is beneficial for both brands and affiliate marketers.
Consider you as a salesperson of a company who makes a sale of company’s product via online medium and then company rewards you with a commission on every sale. The big difference between traditional marketing sales and affiliate marketing sales is, in this you can be a sale promotor of more than one company at a same time and earn commission on each sale from each and every company at the same time.
Three Parties Involved In Affiliate Marketing
▶️ Publisher
The promoter party that ensures the sale of products and services is the Publishers. Publishers earn a commission on sales committed by them. Publishers are also known as Affiliates. They are connectors between the customers and the goods and services. The duty of the publisher is to plan and strategize marketing material due to which the sale is commenced. Their responsibilities are as follows:
- Search products that are relevant to their niche and they are willing to promote
- Find potential audience for the sale of that product and service or which type of audience can be targeted for the promotion of it
- Create compelling marketing material for the promotion of products in the form of ads, landing pages or whatever necessary material required to motivate a customer to make a final purchase.
- Testing and optimizing their campaign on different prospects until it reaches to its maximum potential where it is offering maximum sales- A winning campaign leads to maximum commissions.
Affiliate Marketing Channels
The targets of affiliates are tended towards accelerating the pace of sale by targeting potential audiences but their way to advertise the products might not be the same. There are numerous Affiliate Marketing Channel through which the conversions are leveraged:
➡️ Influencers
Influencer is an individual that holds a power to influence a large set of audience for making a purchase. Influencers gets benefitted a lot from affiliate marketing as they have a platform with heavy following. They can easily ensure conversions through social media posts, blogs, videos, posts and so many innovative ways.
The trend of influencer marketing is mostly seen on Instagram that is stuffed with brands and influencer partners promoting products. If you are one of them then sign up today as an affiliate when AdsPaying media and see what you can earn.
Also, a useful tip for influencers, keeping your profile aesthetics it is advisable to promote the products and services relevant to your audience. Use attractive creative that are compelling enough to make a conversion.
➡️ Bloggers
Bloggers with high potential can earn millions through affiliate marketing. The bloggers have a power to write, suggest, review the products and services which guides the readers to go with that products or not. Hence, they make a conversion.
Bloggers words adds value to the product or service and can help in boosting up the sale of the company. So by using the platform right you can earn much more than you expected.
➡️ Email Lists
Emails are still a viable source of Affiliate Marketing. Some affiliates have email lists that they use for the promotion of products or they may collect data for emails through various campaigns. They use this email data to send emails to the masses by sending promotional emails to bulk data and ensure sales.
➡️ Media Websites
Large media websites are used to promote valuable information and products and services through the use of use banners and contextual affiliate links. With highly superior exposure, it is one of the revenues generating methods that improve the rate of conversions and profitability for affiliate marketers.
▶️ Advertisers
A company that owns the offer is an advertiser. They have products or services but want sales. Affiliate marketing offers them a way to earn more sales with minimal risk. Advertisers only pay when they get sales. An advertiser could be anyone, a brand, a seller, retailer, vendor anyone owning a business and has a product or service. It could also be a big multinational company that only relies on affiliate marketing for sales. Outsourcing affiliates to drive sales is their marketing strategy.
▶️ Consumers
Consumers are end customers who finally makes a purchase of product and service. Person who ultimately makes a purchase from affiliate program. Without consumers affiliate marketing is of no use. Consumer by accessing whatever channel they want can make their purchase. It is up to affiliate that how to capture the targeted audience and from platform can be generate maximum leads.
It is upto the affiliate that whether the consumer knows they are the part of affiliate program or not. Some affiliates disclose the fact that they get commission on sale by offering some cashback or additional discount to consumers.
How Sales Of Affiliates are Tracked?
Affiliate marketer each sale is tracked by a unique link given by merchant. When a user clicks on that link a small cookie gets stored on to the device of the user.
Cookie helps the merchant to know the affiliate responsible for that sale. Also, that cookies hold an expiration date due to which an affiliate gets paid even the buyer makes a delay in the purchase. AdsPaying Media offers a 30-day cookie program that can leverage your rate of earning.
What is the Role of Affiliate Network In Affiliate Marketing?
Affiliate Network is a pool of affiliates and advertisers that work as intermediate between two parties. This network works as a marketplace for advertisers who want to sell their products and services through affiliates and works as a high-earning platform for affiliates who ensure sales and earn commissions through an affiliate network.
Why To Choose Affiliate Network For Marketing?
However, choosing an affiliate network for business is optional but how choosing affiliate network for marketing of products and services can help both the parties is important to know.
For Publishers
Publishers can access numerous options of products and services that are available for them to promote. They can choose multiple products and services for promotion according to relevant niche or targeted they have. This also gives them the opportunity to earn millions through highly paying affiliate marketing commission structures.
Affiliates can constantly track their performance, commissions earned sales and so on through a dashboard provided by the affiliate network. Also paid on regular basis for the work done.
From Where Affiliates Can Find A Niche For Choosing Products & Services for Promotion?
If you understand the problems of audience, you can decide a niche according to the demand. For this, research through some community driven websites is advisable. Here, you will get to understand what people are looking for in the decided niche and audience problems related to the niche.
You can also take the help of key tools in SEO- Google Keyword Planner. Understanding of keywords gives you an idea of pay for a click on that keyword and who your competitors are. Also, get to know how profitable could be for you and merchants.
For Advertisers
▶️ Pay For Sales Only
The biggest advantage of affiliate marketing is you only pay when the sale is made. Unlike in traditional advertising in which you are charged on Pay-Per-Click, that means there is no guarantee that whether the customer will convert or not. So, in affiliate marketing, an ineffective campaign won’t affect your budget but an ineffective PPC campaign will surely affect it, even if no sales are made through it. This makes Affiliate Marketing very cost-effective.
▶️ Low Risk
Performance-based marketing makes affiliate marketing the least risky form of marketing. You don’t need to spend bucks for non-nurturing leads that won’t convert. Instead, you only pay for converting leads along with this you can build relationships with potential affiliates that ensure sales on your behalf and keep the buyer’s cycle smooth.
▶️ Brand Awareness
Consumers rely much on merchants that they trust instead of the unknown labels with whom they are least familiar. Affiliate marketing increases the exposure of the businesses by the promotion of products through familiar faces or affiliates. Also, with affiliate marketing, your products gets exposed in front of new audiences and can get potential buyers through affiliate marketing. Affiliate Marketing is a well-performing technique for creating brand awareness of the business.
▶️ Time Saving
Marketing is the most important aspect of the business with the bitter fact that it is very time-consuming too. You have to invest additional assets, an extensive team to manage the marketing process, a good amount of budget, and follow the complete process of business development. So, switching on to affiliate marketing provides you some spare time to focus on other things and also saves a lot of budgets.
▶️ Create Valuable Partnerships
Working with affiliates broaden up your business connections hence helps in forming some valuable partnerships. It also broadens up the exposure of the business products and services and ensure more conversions by allowing the reach of the products to global boundaries.
▶️ Access Global Markets
Affiliate marketing have made global market access very easy. It is a very cost-effective and efficient way of marketing. With internationally based affiliate a business can access global markets and expand the exposure of the products and services that too at a very low risk. A business can also fund that whether the products and services will be successful internationally or not.
▶️ Access to Large Pool of Affiliates
Affiliate marketing has been widely accepted by many people as full-time career due to its growing scope. This also gives rise to pool of affiliates and allows business to be more selective while choosing them to work for their brand. It will also save your time and help to grab more qualified leads and generate more sales.
▶️ Low Startup & Ongoing Costs
Starting up affiliate marketing for your brand requires minimal investment as compared to hiring a marketing team for the brand or spending advertising costs. Signing with Adspaying media one of the leading affiliate network, advertisers are guided throughout setting up an affiliate program and helps to carry out the work with additional resources required when you needed.
▶️ High ROI
According to statistics of AM Navigator, affiliate marketing spend in the US market is approximately $5 billion annually, and its continuously growing the sales of the businesses. With an affiliate program through AdsPaying media, you can increase the business ROI(Return On Investment) by reaching out to the potential audience and get some worthy business conversions.
▶️ Strengths Up the SEO
Affiliate marketing strengthens up the website SEO by giving numerous backlinks to the profile from numerous platforms of expert affiliates be it through blogs, social pages, and websites. This is very beneficial to the website if the business’s affiliate partners are having a strong audience base that further shares and tweets about your business and brand.
Benefits of Joining AdsPaying Media Affiliate Program
1. AdsPaying Media offers Industry’s leading Commissions
AdsPaying Media uses a 30-Day cookie program which is one of the leading programs that pays out commission even when the conversion is after so long a time duration. No minimum commitments are required to join the program.
2. Strategic growth
AdsPaying media offer numerous unique strategies for helping businesses to grow, driving more sales by increasing its visibility. With AdsPaying Media you will be able to save time and money on content creation by linking it to WordPress blogs, webinars, post banners, offers, and so on.
3. Detailed Insights
AdsPaying Media affiliate dashboard gives you detailed insides of your clicks, sales, trials and commissions. Performance tracking and tracking your earnings is very easy with AdsPaying Media. Affiliates get paid commissions on a weekly basis.
4. One On One Customer Support
With the AdsPaying Media affiliate network, you will get direct access to our affiliate experts that will ensure an increase in your business conversion rate and maximize affiliates’ commission earnings. Also, one can get excellent customer support by phone and email or by getting updates regarding the new product.
5. Easy Promotions
AdsPaying media provides easy access to in-built and pre-made text links, banners, content, and posters. Promote affiliate programs of AdsPaying media anywhere by just inserting the link to your affiliate marketing platform or by using designs of our platform.
Join AdsPaying Media Affiliate Program Today!!
If you are looking to launch your business online or want to increase the sales of your business then we would highly encourage you to apply for AdsPaying Media affiliate program. After reviewing your application, on its approval, you are eligible to get access to tracking, reporting, and also get a unique affiliate link to track the success of your business program by generating more and more referrals with it.
Wrapping Up the Concept
Affiliate marketing is a great source of income for motivated affiliate marketers. One can gain control over their own income that is totally dependent on performance basis. Working with potential brand that is relevant to affiliate marketer niche can help them in earning big bucks that too from the comfort of their home.
The skills of affiliate marketing and choosing a right platform are two key factors that matters a lot in making affiliate marketing success for you.
In crux, affiliate marketing is beneficial for two parties and for raising the level of beneficiary choosing one of the best affiliate network AdsPaying Media is recommended.