Affiliate Marketing Strategy
What Is Affiliate Marketing ?
This marketing is a process where publishers earn a commission. By promoting a product or service made by another retailer or advertiser using link.
A partner is rewarded a payout for providing a specific result to the retailer or advertiser Marketing Purpose.
Typically, affiliates are rewarded for a sale. But some Refferal marketing programs can reward you for leads, free-trial users, clicks to a website.Â
An affiliate network is a website that connects creators or influencers with different brands’ affiliate programs.
Many affiliate programs are free to join. Done right, an effective and Best marketing strategy can go from side hustle to a profitable online business idea generating passive income.
Why should you do affiliate marketing ?
Here are two reasons why you should consider doing affiliate Program :
Low-Risk & Low-Cost
Starting a business can be risky and expensive because there are upfront costs for products, employees, equipment, rent, etc. With Refferal marketing, all you need is a website. If it doesn’t work out, you’ve only wasted time and a little bit of money.
Easy To Scale
A typical salesperson only sells products from one company. As an affiliate marketer, you can promote products from many different companies and earn commissions from all of them.
Which websites use affiliate marketing?
Amazon Used Affiliate Marketing
Amazon used affiliate marketing strategy to increase their customer base and this significantly increased their sales.
Shopify Marketing Strategy
Shopify, a web based pamphlet seller, uses affiliate marketing strategies for its customers.
Flipkart Affiliate Markeing Strategy
Flipkart is a shopping platform and Flipkart has used This strategy for its customers.
Ebuy, Share A Sale, Dog Food Advisor, Bluehost, BigRock, Go Daddy, Hostinger, Fiverr
Rakuten Advertiging, CJ Affiliate, Click Bank
All these platforms use the same scheme in different ways. In this way we try to add as many customers as possible.