How to Do Affiliate Marketing | Best Affiliate Marketing Programs | 11 Mistakes Need to Avoid

In the current high-tech, Internet-connected era, there are many new digital marketing trends that are evolving One of them is “Affiliate Marketing”

At Kaizen Sigma, we know it can be hard to keep up with every new trend in digital marketing That’s why we prepared this guide of affiliate marketing for beginners We are going to explain everything you need to know about affiliate marketing so that you can use it in your own business But first things first: what is affiliate marketing? The easiest way to answer this is that “Affiliate marketing is the online practice of recommending a product, and earning a commission when someone buys that product” Pretty simple, isn’t it? Now let’s learn about the three most important terms related to affiliate marketing • The Affiliate • The Advertiser • And the Affiliate Network

▪ The affiliate is the one who recommends the product But the affiliate is not the one selling the product He, she or it – an affiliate can be a person or a business – is only recommending the product and adding a link to another website where people can buy it ▪ The advertiser: the one who sells the product The advertiser is usually a company that sells online, and its products or services are so good that someone – the affiliate – is willing to promote them

▪ The affiliate network is the link between the affiliate and the advertiser Thanks to the affiliate network, the affiliate gets a commission when someone buys a product from the advertiser But how do they do it? It’s actually pretty simple When someone is visiting the affiliate’s website and clicks on a link to the advertiser’s website, the affiliate network keeps track of that This way, the affiliate network knows that the purchase of the product was thanks to the affiliate who recommended it

In return, the affiliate network gives the affiliate the corresponding commission Here's why Everyone Wins With Affiliate Marketing Let’s take a look at the affiliate’s perspective The affiliate has a website, a social media account, or a YouTube channel where they talk about a product they like, and if someone buys that product because of their recommendation, they get a commission But what does affiliate marketing look like for the advertiser? Sure, they have to pay a commission to the affiliate when they sell a product, but they get great publicity in exchange

Advertisers get massive amounts of advertisement to their products in hundreds or thousands of pages, and they only have to pay a commission when they complete the sale Affiliate marketing is a win-win tactic where both the affiliate and the advertiser benefit whenever someone buys a product As you can see, affiliate marketing is a great way to make some extra cash without ever worrying about production or related aspects You can do it right from your home, or pretty much anywhere If you want to learn more about Affiliate Marketing, including myths, pitfalls, and mistakes to avoid, check out the articles on our website at KaizenSigmaCo

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Source: Youtube

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