Posts Tagged ‘affiliate marketing: merchant or affiliate’

February 9th, 2017

Affiliate Marketing: Merchant or Affiliate

by Rahimah Sultan

photo from blog

 

Affiliate marketing is the process of earning a commission by promoting other people’s (or company’s) products. Just find a product you like, promote it to others and earn a part of the profit for each sale that you make.

 

An affiliate, also known as the publisher, can be a single individual or a company.

 

There are two ways to get started with affiliate marketing. You can become a merchant or an affiliate.

 

Although it’s not easy, you can become an affiliate program merchant and then make money by having affiliates sell your products. Following are the 4 steps to take.

 

1) You need a product idea.

 

Look at what products and services are already available and think about how you can make them better by having something that solves the problems with those products.

 

2) Find out if people want it.

 

Present your idea to people and ask them if they like it and will pay for it.

 

3) Create the product.

 

It can be online courses, ebooks or podcasts/videos.

 

4) Find affiliate program partners.

 

You have to find affiliates to promote your products (affiliate networks can help) who actually have an audience that is interested in what you have to sell. Clickbank and Amazon are examples of networks.

 

There are also 4 steps to take to become an online affiliate marketer.

 

1) Review products in your niche.

 

You can start by looking at the partners in step 4 for becoming a merchant.

 

2) Build an email list with your prospects on it.

 

3) Educate your audience.

 

You can use live webinars, blog posts and social media.

 

4) Grow your business with PPC advertising.

 

This is an overview of the specifics of affiliate marketing.

 

For complete details Click here to read: What Is Affiliate Marketing.

 

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