Affiliate marketing is one of the oldest forms of digital marketing wherein you refer someone to any online product and when that person buys the product based on your recommendation, you receive a commission.
This commission varies from $1 to $10,000 depending on what product you are promoting.
Here is how affiliate marketing works in 4 simple steps:
- You join an affiliate program
- You pick a product to promote (You will get a unique affiliate link)
- You share the link via Social media, Blog, YouTube videos, Facebook ads or any other form
- When someone makes a purchase, you earn a handsome affiliate commission.
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Anyone from a student, working professional, businessman or a home-maker can opt for a digital marketing course, and kick-start a career in digital marketing.You can find digital marketing institutes in all major cities and towns.
Continuity is needed to maintain the flow of lessons.Complete assignments:You can master digital marketing only if you practice consistently.
Practical knowledge and hands-on experience can make you attractive to prospective employers.
Students should diligently complete all the assignments given to them during the course to get good practice.Read digital marketing blogs and articles:Reading about digital marketing and following top digital marketing blogs will help you keep yourself updated with the latest trends in digital marketing.
Every digital marketing student should do this with classroom teaching to improve his/her knowledge further.Watch digital marketing videos:Digital marketing videos available online are a good source of information for students to improve digital marketing knowledge.
Students should watch these regularly.Start a blog/website:Starting a blog or a website is very important for students so that they can implement digital marketing concepts they have learned in class.
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Affiliate marketing is the most profitable way to make money online.
I got to know about Affiliate marketing in 2008 and within a few months, I started earning a decent income from it.
Since back in those days, it was a completely new concept, I also started publishing a monthly income report to inspire and motivate users like you to know more about affiliate marketing.With this Affiliate marketing guide, I want to provide you all the details about:Basics of Affiliate marketingAffiliate marketing TerminologiesThis is your go-to-guide and you should bookmark this one along with all linked articles to master the art of affiliate marketing.
If you are someone who likes to read everything in the book format, you can purchase our affiliate marketing handbook from our store as well.Affiliate marketing terminologies:Here are some of the common terms associated with affiliate marketing:Affiliates: Publishers like you and me who are using affiliate program links to promote and make sales.Affiliate marketplace: There are many marketplaces like Shareasale CJ and Citibank.
These work as central databases for affiliate programs in different niches.Affiliate software: Software used by companies to create an affiliate program for their product.Affiliate link: Special tracking link offered by your affiliate program to track the progress of your affiliate promotion.Affiliate ID: Similar to the affiliate link, but many affiliate programs offer a unique ID that you can add to any page of the product site.Payment mode: Different affiliate programs offer different methods of payment.Example: Cheque, wire transfer, PayPal, and others.Affiliate Manager/OPM: Many companies have dedicated affiliate managers to help publishers earn more by giving them optimization tips.Commission percentage/amount: The amount or percentage you will be receiving in affiliate income from every sale.2-tier affiliate marketing: This is a great way of making money from an affiliate program.
With this method, you recommend that others join affiliate programs, and you receive a commission when a sub-affiliate makes a sale (similar to MLM or multi-level marketing).
