What is Affiliate Marketing?
When you search for making money online, one of the top answers is affiliate marketing. You might be wondering, “What is affiliate marketing?” Well, you are not alone. There are still a lot of people who don’t know what it is about, and how they can earn money from it. There are even some bloggers who don’t know they can monetize their blog through it.
The simplest way to explain what is affiliate marketing is that you earn money online as a publisher by promoting another business’ products and/or services. There are several types of promotions, but the most common business model is when you earn a commission when someone follows a link from your website to another site and the person buys something.
Another type of affiliate marketing is when you earn a certain amount when you refer a visitor to take action. It can be signing up for a newsletter, complete a survey, or submit their name and address, just to name a few.
Earnings and Conversions
Earnings from affiliate marketing campaigns are often in form of commissions. However, there are instances in which the earnings are fixed amount for every conversion. Conversions are usually tracked when you use a link that contains a code that can only be used by you. That way the advertiser is able to monitor the conversions made through the link. There are also some instances in which the advertiser provides coupon codes that you can give to your site visitors.
Most online companies that sell products have some sort of affiliate program. You can sign up for the program, and you will receive a tracking link. Whenever you write something about the product or service, you can add the affiliate link when recommending the product or service. And if your website visitors do anything, then you earn a commission.
It is important to read the terms and agreements of the affiliate program before signing up with one. For instance, there are affiliate programs that provide a 60 day cookie period. That means you are entitled to a commission as long as the user purchases within the 60 day period after clicking on the affiliate link from your website.
Another thing you need to know is that affiliate marketing doesn’t violate the TOS of Adsense. And for some reasons, affiliate marketing works better than any other ad network. That’s one of the reasons why successful affiliate marketers don’t have a lot of Adsense ads in their websites.
Now that you know what affiliate marketing is, the next step is to find the right affiliate program that best suits your niche. It is important that you find products and services to promote that are related to the content of your blog or website.
Get more information on Affiliate Marketing programs through Lyft, Uber, Drizly & DoorDash!