Please read success blueprint post on “How to become Digital Nomad ” before proceeding on this post of Affiliate Marketing . It will make better sense then .
Everyone has heard of Affiliate Marketing . Even if you haven’t , you might know mechanism of it but not that it is called Affiliate Marketing.
This is the second step in blueprint of digital nomad . Although this skill has to be developed after 4th step which is Web Development , I wrote in in the second place because this skill requires general understanding only , and it is not necessary to perform it only through your website that is after doing web development . Such thing can be performed by anyone , anywhere and either online/offline , though the term is usually used more towards online meaning .
Example – Affiliate Marketing
For complete beginners , who don’t know what Affiliate Marketing is , here is a simple example to understand it.
‘A’ has a website / blog he is running for quite some time now . He gets a fair amount of visitors on his website . Let’s put this number at 100,000 page views . To earn some money through blog , he decides to place links of some products that are available with the company , of whose affiliate program A is engaged with . Let’s say this company is Amazon .
Amazon sells millions of products . If your blog was a niche blog , let’s say a Mobile Phone review blog , then you can add links to phones that you have reviewed . This links will carry an Amazon logo , and when a reader is impressed from your review , and decides to actually make a purchase , he will click on affiliate link that you provided on your website.
He will be redirected/sent to amazon website containing that product information . And if he makes purchase , a commission will be credited to your account . Each product category has different commissions.
Commissions range from as low as 5% to as high as 70% ( like GoDaddy). Hence it’s a pretty lucrative option provided you have many visitors to your website.
As you know , I am giving only basic details about a skill in these posts . To have detailed information , kindly use suggestion form below or comment section on what you would like to know 🙂
Moving on , there are many professional affiliate marketing companies that serves like a directory of different companies that have affiliate marketing programs . You see, if I provide you a link of those companies , thinking that I have convinced you enough to subscribe to their monthly service , than that would be affiliate marketing , and i would get a share of your monthly membership fee that you pay to that directory.
However just to get started , one of the free such directory is Rakuten Advertising . No, no link here , this blog is for informational purposes only for the time.
You can sign up there , look at thousands of companies that give you such commissions , and start earning right away provided you have a well visited web page.
Rules of Affiliate Marketing
Note that many affiliate marketeers have a certain criteria for you to be eligible to participate in their affiliate programs. Usually top of line companies , like let’s say AirBnb , have a criteria that you should have X no. of views on your webpage and other criteria.
Do remember to check those .
- A niche site has better chance of an affiliate sale than a general themed website.
- Don’t try to put affiliate links right at beginning of your journey , people need to trust your website as a good source of information.
- Viewer loyalty is a must , hardly any viewer makes a purchase if she is visiting your website for first time .
- Always provide quality content , nothing is easy , If it’s easy , it’s not worth the effort !! Remember?
- Don’t use too many affiliate programs at once. Usually stick to 2-3 programs . Example – Amazon + Walmart links only.
To go back to Success Blueprint , click here.
Again , if you want to get detailed programs regarding the skill , kindly suggest or comment below and I will start a dedicated series for same . Thanks for being part of the community.
Also , I’m willing to provide free books to anyone interested. Kindly subscribe to newsletter to keep receiving free books. All books are available on amazon for purchase. But since we are here for learning , I’m gonna be sharing them , hope it doesn’t land me in trouble.
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