What Is "Affiliate Marketing" ?

In this Blog we have explained in most simple manner, the most searched Question on Internet in last 2 years, What is “Affiliate marketing” ?

Affiliate marketing is a type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought about by the affiliate’s own marketing efforts. It is a modern variation of the practice of paying finder’s fees for the introduction of new clients to a business. It is the simplest way of earning money Online. Thru this practice, it is going to make recurring money for you for very long time, if only you have the Right Knowledge to use it effectively.

Let’s understand this with one simple day to day example.

Let’s say someone who`s new to your city, asks you for a Famous Local Cuisine Place to Eat. You share him the name of Restaurant, and that person pays a visit and enjoys the food, the restaurant owner knows you, so he gives that person some discount or better service. So now that restaurant got the Business, that person enjoyed the food and thanked you for your suggestion. But what did you get out of this, apart from satisfaction?!

Now, what if you can monetize such suggestions..?!! Say you have a tie-up with Restaurant and when you suggest someone, you give that person a code, say VIN123, and asked them to share this code and can get better discount, or better service etc. Thru this code the Restaurant understands who suggested it, and for it pays a small amount as Commission to you, for giving them business.

This is nothing but Affiliate Marketing…!! Now you can suggest more people to visit that restaurant and get commission every time. This can help you earn money along with your regular life routine.

I have also Posted Instagram reel to explain similar example, in Hindi. Watch it here.

You can follow this practice to promote, various Product or services available in market that you can suggest to people all over world, thru your Social Media page, blogs, YT channels etc.

Affiliate marketing is an effective way to drive traffic to a website and generate sales. It can also be used to increase brand awareness and build relationships with potential customers. Affiliates can help spread the word about a business’s products and services, driving more traffic to the business’s website and potentially resulting in more sales.

Types of Affiliate Marketing?

These are The five main types of affiliate marketing. Which type of affiliate marketing is best for you will depend on your goals and your audience. Each type of affiliate marketing has its own advantages and disadvantages and it’s important to understand how each type works before deciding which type is best for you.

Compensation may be made based on a certain value for

Each visit (Pay-per-click)
Registrant (Pay-per-lead), or
Commission for each customer or sale (Pay-per-Sale).

The 5 Main types of Affiliate Marketing modules are

Pay Per Sale (PPS)
Cost Per Click (CPC)
Cost Per Acquisition (CPA)
Cost Per Mile (CPM)
Affiliate Network

Click here To know more about, “How do affiliates get paid?” read the Blog here 5 Main Types Affiliate marketing.

There are many advantages to using affiliate marketing. It can be an inexpensive way to market a business’s products or services, as the affiliate only pays for results. It also allows businesses to target a specific audience. Additionally, it can be used to track results, which helps businesses to optimize their marketing efforts.

Some of the Best Affiliate programs in India:

Amazon Associates
Flipkart
Myntra
Goibibo
Shopclues
Hostinger
Make My trip
Click Bank
Shareasale etc etc

Affiliate marketing can be a great way to increase sales and build relationships with potential customers. With the right approach and strategy, businesses can use affiliate marketing to reach their goals. Affiliates can also provide valuable exposure to a company’s brand, helping to build loyalty and trust.

The key to success in affiliate marketing is finding the right affiliates to work with. Companies should look for affiliates who have an established presence in their niche, as this will ensure that the affiliate is knowledgeable about the company’s products and services. Companies should also look for affiliates who have a good reputation and can provide quality content that will be beneficial to their customers.

How to start Affiliate Marketing?

All you need to do is to find an affiliate program that meets your needs. So decide your needs or Niche 1st. Right products and services which are in demand will lead to mare sells. Then look for programs that offer discounts or bonuses for sales, as well as those that provide good support and resources. Register thru it and start promoting it.

Read this to know How to start Affiliate Marketing, to get started with right knowledge and techniques for productive results.

Overall, affiliate marketing is a great way for companies to expand their reach and increase their sales. By finding the right affiliates and providing quality content and products, companies can reap the rewards of affiliate marketing.

Wish to Learn Affiliate marketing Course?

There are many platforms that helps you learn Affiliate Marketing with most effective and detailed ways. Of course there are many free You tube videos that can help you learn, but that will waste your time finding right Video and watch many of them to understand which one is best.

But don’t worry i got your back. Here are some websites that will help you learn it better, and also provide certification of same.

Udemy
Bizgurukul – I personally learned it all from here. The person who taught on this has shown the detailed process of each steps to carry, in real time thru his own Affiliate accounts. Do check this out. Click here

Finally Most Important Tip

Keep in Mind it’s not 21 days get rich Scheme, it’s more of Long term money generation practice that will surely help you make massive income, if you follow right methods, keep it clean, are ready to Learn and improve, and most importantly, have patience..!!

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Affiliate Marketing Disclaimer : This blog post may contain affiliate links. This means that if you click on a link and make a purchase, I may receive a small commission at no additional cost to you. Please note that I only recommend products or services that I personally use and believe will add value to my readers. I am a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for me to earn fees by linking to Amazon.com and affiliated sites. Thank you for supporting my blog and helping me to continue creating valuable content for you.