Is it possible to make money on affiliate marketing?
What is the essence of affiliate marketing?
This is one of the marketing tools, in which someone’s product is advertised or sold and a link is made. Sellers get the opportunity to reach a wider circle of buyers, and customers can learn more about the product before buying. If the user follows the link and choose the product, you get a commission.
How it works?
How to start earning on affiliate links?
The most popular way is to create a blog or personal website.
Another option is social networks.
Social media advertising improves brand image and and allows you to communicate with consumers. Finally, there are email newsletters. This is one of the most cost effective types.
Whichever option you choose, you will need a base. A website, blog, social media page, or list of mailing list addresses. Then you need to register.
There are two types of partnership platforms: those that act as intermediaries for two parties. and those who offer placement of their own goods. To be connected to an affiliate program, you must fulfill some requirements.
Some are targeted to websites and require a certain number of visitors to your resource before you can get approval, others must prove that you are promoting their products, and others are open to different approaches in advertising.
Once approved, they will provide you with specific product links or a system for adding links to your products. Operating conditions vary by platform. “Depending on the platform, you will be credited with either clicking on the link or selling the product.
Platforms have their own method of accounting for action. This can be a link or a product purchase.” Each partner pays a different percentage, which varies from 2.5% to 50%.
What percentage do the sites give?
If you start with a little traffic on the site / blog / social networks / email list, you are lucky for $ 100 a month. How your distribution platform is becoming very successful, you can earn up to two thousand dollars on it. Remember that the conditions and terms for paying interest on different platforms are different. Some pay immediately, while others can send a percentage in 2 months.
Where to look for partners for links?
To work on the Internet, look for information there. There are many services and articles. There you can read reviews.
In order to better understand how it works, find professional communities or take a training course. Do not stop, even if it did not work out the first time, you will gain invaluable experience.