What is affiliate marketing
If you are doing research on entrepreneurship or and entrepreneur development or even how to make money online, you will at some point head of affiliate marketing.Why you will fail at affiliate marketing is really down to you and your mindset and knowledge.
Affiliate marketing is one of the fastest growing online business models, basically what affiliate marketing is can be explained in a simple and easy way.
Companies provide services and products, this can be physical product, digital product or service.
There are also products such as holidays events and many other kinds of products.
Companies need to promote these products and services that they sell to the general public, businesses and everything in between.
A lot of large companies use many mediums of advertising such as TV, radio and internet based platforms.
Lots of companies have what is called affiliate programs. These affiliate programs allow people and businesses to promote the products by these companies.
How to find affiliate offers to promote
So if you wanted to promote a product or service, you would need to apply to the company affiliate program or an affiliate network such as maxbounty or clickbank, there are many other affiliate networks available such as commission Junction which is now known as CJ, peerfly and a large variety of other three networks.
Once you have applied to a company’s affiliate program or an affiliate network you can then get a product link, this link is unique to you and has the ability to track every time there is a sale, once you have made a sale the company or affiliate network no that you have made the sale and then pay you are commission.
Why affiliate marketing is good
The great thing about affiliate marketing, is that you do not need to buy stock or order any products. All you need is a website like Wix or WordPress, and some internet traffic like social media and PPC through Google or Bing and many of the other providers.
Some commission on some products can be as much as 80 to 100% of the product value, this is quite interesting because you think that the company might not be making money by using this structure of commission.
The way they make money is by doing what is called an upsell.
Upsells are when a company tries to sell extra products and services through the initial sale.
This could be a premium level subscription or an extra fast or encrypted connection on a website hosting.
affiliate marketing is worth billions
There are a lot of technical considerations when starting affiliate marketing, and this can cause a lot of people to give up on this business model.
In fact 95% of people who start affiliate marketing fail, this is because they do not see instant results for their website or blog.
This is because the way Google and many other search engines work, valuing content and backlinks over just keywords or trickery. In years gone by when the internet first started some affiliate marketers tried gaming the system rather than providing good value and good content for the internet.
It takes time SEO technical techniques and a little bit of technical KNOWHOW to succeed in affiliate marketing.
It can take months or even years to become a successful affiliate marketer, there are shortcuts that can be used like paid advertising using Google or Bing, but as a long term strategy you should be creating content such as blogs, YouTube videos, Pinterest pins and good website content.
But if you want to learn a lot about affiliate marketing there are some really good courses that will help you from the basic techniques and knowledge, right through to the more advanced technical stuff.
The best affiliate marketing courses
Clickbank University and affilorama or 2 very popular courses to learn affiliate marketing. The great thing about these kind of courses or that the skills you learn are transferable too many other online business models.
This year I went to the northern business expo 2019 in Manchester England, I went to this networking and business event to find out lots of information from digital marketers and other related companies.
I found that when I mentioned that I do affiliate marketing, these two courses popped up on multiple occasions in conversations with the digital marketing professionals and companies in general.
One the things I would highly recommend is going to networking events and business expos, in order to learn more information about how to use lots of different strategies to promote your business.
The professionals that I met at the Expo were more than happy to indulge me in the knowledge.
Another great thing about networking events that I found, was that there are a lot of inspirational people and motivational speakers.
This event really inspired and solidified my keen interest in affiliate marketing and online business.
Listening to one business man talk about how failure was so important to success,gave me some important insght
I have learned lots of information through years of study.
The most important advice I could ever give to anybody wanting to do online business or affiliate marketing is,
NEVER GIVE UP!!!!
So if you want to learn more about affiliate marketing,try my other blog http://affiliatemarketingcourses.net/2019/03/15/tools-that-you-need-to-succeed-in-online-businessaffiliate-marketing-affiliate-marketing-seo/
Good luck in your journey and never stop learning,we all feel like giving up at times.
Just remember to keep your head held high and never stop building on your knowledge.
Why you will fail at affiliate marketing,the reason is you need to educate and not give up!!!
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