How can I earn money while sleeping? We all have grown up while trying to find an answer to this question. But what if I tell you that I have an answer to this question of yours? Yes, you can earn money while you are asleep. All you have to do is do Affiliate Marketing. If affiliate marketing is done properly, then no wonders your income can be in six digits. Now, do not worry if you do not know even “A” about Affiliate Marketing, we have got everything covered for you here.
What Affiliate Marketing is all about?
In Affiliate Marketing, you partner with an advertiser and promote his product on your website, blog or page by adding affiliate links of his products on your website. Whenever a customer buys a product by clicking those affiliate links on your website or blog then you will get a certain amount of commission for sale of that product. So basically you need to have some website, blog or facebook page where you can add affiliate links which when clicked by your readers or followers, will give you some amount of remuneration.
One thing to keep in mind is that you should try to promote only those products which are associated or affiliated to your niche. Because if you promote a product that does not belong to your niche, then readers will also feel that the product is irrelevant. Hence in this case, click-through-rate will be less. Also, there should be sufficient traffic on your website, only then you will be able to get approval for an affiliate program.
How to do Affiliate Marketing?
Firstly you need to join an affiliate program, then select the products that you would like to promote. Once you get approval, then you can promote products through affiliate links on your website, blog or facebook page. When a reader on your site will click that link then he will be redirected to the main site where the product is actually sold. And thus if a purchase on the main site is made after getting redirected from your site then you will get a certain amount of commission for the product being sold. Besides, affiliate programs have different terms of payment like some pay you on the basis of pay per click, some on pay per sale and some pay on pay per lead.
Affiliate Marketing Platforms:
· Amazon Associates
Amazon Associates help content creators monetize their traffic. With Amazon Associate, you can promote almost every product that is available on Amazon. There are times when a person clicks on an affiliate link to buy a product but ends up purchasing some other product, even then you will get some commission. But the downside of Amazon Associate is that cookie lasts just for 24 hours.
· ShareASale
ShareASale is the fastest growing affiliate marketing platform. On ShareASale both digital and physical products are available. Among digital products there are Wordpress theme and plugin shops, hosting providers, domain name providers and many others. And among physical products you can find
everything from sunglasses to shoes. On ShareASale there are 4800+ merchants. One can choose which merchant one would like to partner with and then sales will be redirected to the website of the merchant.
· ClickBank
ClickBank offers digital as well as physical products. But the majority of its products are digital like eBooks, online courses, membership sites and so on. On ClickBank, the number of merchants is less as compared to other affiliate platforms but one can see that products on ClickBank are available for almost every niche. So its wide range of products makes it stand out among other affiliate platforms. Furthermore, cookie duration on ClickBank is usually 60 days.
· Rakuten Advertising
Rakuten Advertising has access to just a little bit over 1000 merchants but the good part is that most of them are big brands like Walmart, Sephora, Udemy, Best Buy and Papa Johns. So it provides one with an opportunity to partner with giants. Cookie duration depends upon the specific merchant one is partnering with.
Depending upon the niche of the website or blog, commission amount and the terms and conditions of an affiliate marketplace platform, one can decide which platform and merchant will be best for them and after getting approval one can start one’s journey of earning money through affiliate marketing.
Conclusion
All in all, Affiliate Marketing is a great way to earn passive income. One just needs to ensure that there is enough traffic on one’s website or blog. Affiliate Marketing requires zero investment and one can do it while sitting at home. So if you have a website of your own or a page on facebook or any other social media site with sufficient amount of followers then you are good to do Affiliate Marketing and are one step away from earning passive income.
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