In online marketing, the term affiliate marketing is used quite often. But what exactly is it? We have prepared an article for you, in which we will explain how affiliate marketing works, what it can help you with and whether it is suitable for your type of business. Finally, we will also provide you with tips with practical instructions on how to get started.
What is affiliate marketing?
We could call affiliate marketing a form of advertising. This is an ad where you do not pay for the display of your site or for a click on a link you specify, but for a conversion.
Win-win cooperation – partner business
This is affiliate marketing, which can bring a new source of sales to your e-shop, but you only pay for the commission from the sale. New potential clients come to you through affiliate campaigns, but you only pay for actual orders.
We can call this a win-win collaboration between an advertiser and an intermediary displaying an ad. The advertiser will get another promotional medium and the possibility of higher profits, while the broker will have a certain share of sales.
The myth of affiliate marketing
When it comes to affiliate marketing, a lot of people, especially beginners, see it as a kind of miraculous way to make an excellent passive income without much effort. However, it should be noted here. Of course, over time you can start earning passively on it, but it doesn’t take a week, not a month, and usually not a year. If it was easy, everyone would do it, right?
It takes time and effort to start earning money with affiliate marketing. Also, just because it starts working and making a profit doesn’t mean it will be forever. It is necessary to work on it regularly. However, this passive income is not unrealistic. Just know how to do it. Visit seanabbottmarketing.com to understand the best solutions that you have now.
What is affiliate marketing?
How affiliate marketing works
Affiliate marketing offers a space for collaboration, and you have a choice of two ways to earn. One option is to become an advertiser. Do you have an eshop and would you like to attract more customers? Thanks to the affiliate program, you can get a new source of sales.
On the other hand, he is an intermediary. This is a medium that has the ability to place an ad on its site with a link to the advertiser. So if you have a website with enough traffic, you can use it to link to an advertiser and get your share of a sale.
The broker receives a specific affiliate link from the advertiser. This link can be used in several ways to promote the advertiser
through your website – blog article, review, video, banner
- via e-mail marketing – newsletter
- via social networks – status on Facebook, Instagram, Twitter and the like
Each visit mediated in this way is recorded in the affiliate system via cookies. If the visitor then performs the desired action at a certain time (usually 30 days) and thus makes a purchase on the advertiser’s website, it is thanks to cookies that the affiliate network can record it. The broker is then credited with a commission on the sale.