Affiliate Marketing : Sell on behalf of another, get a commission.
To other words, you search for a product that would be in demand or something you like, promote it to others and in return, you get a commission for each sale that you make.
In that effect, you create three neat outcomes;
- You’re doing a favor for the company that they wouldn’t normally get by their own means. And they’re happy for that 🙂
- The end consumer or the customer end up being contented with the product that was sold by you.
- Pat yourself on the back as you made a couple of bucks from your computer 😉
THE BLISS OF AFFILIATE MARKETING IS THAT YOU DON’T NEED TO THINK OF A COMPLETELY NEW PRODUCT FROM SCRATCH AND NOT KNOWING WHETHER IT’LL BE RACKING IN THE MILLIONS. AS LONG AS YOU HAVE A BLOG OR ANY OTHER PLATFORM, YOU’RE ALL SET.
I started toying with affiliate marketing via a platform like Clickbank where they have thousands of products for sale online advertised by companies seeking to make sales on their stuff. For example, say you have a bodybuilding website and you wanna sell protein shakes for health enthusiasts, the both of you; the blogger and the protein shake company goes onto Clickbank and you guys strike a deal there to generate sales via your blog.
A perfect example is my blog right here, I have made reviews on my preferred web-hosting provider, SiteGround on its excellent service rendered for me to blog for success, and each time a reader clicks on my affiliate link – and makes a sale, I get a commission! If you were one of those who previously made purchases my affiliates links, I treasure you peeps and I owe ya a great big hug! Thank you!
TWO SLICES OF ADVICE TO MAKE YOUR ONLINE BUSINESS A SUCCESS
Before I share with you the recipes that I’ve used to make over $5,000 in affiliate commissions per month, there are two very important rules I employ when promoting products that are not my own. These are just the two rules I always abide with. You don’t necessarily have to follow them to the letter, but it is what has helped me significantly in my business for the past two years.
- I will only recommend products that I feel will benefit the end customer — preferably products that I’ve used before myself and or, have helped me achieve something in kickstarting my online businesses. If the product doesn’t benefit or add value to your customer, I’d advise strongly against recommending it. See it from your own point of view, if the product you’re about to promote adds value to your own capacity, then that’s a good benchmark that it’ll sell.
- I will never say “you have to buy this product”. I always recommend products by aligning myself with rule #1 and in the context of what I’ve done or what I’m currently working on.