This pandemic teaches people to be more resilient. Other businesses went bankrupt, the number of unemployed had increased, and not to mention the effect of the tremors of Covid-19 in society. Odd as it may seem, we also found the best solution to this problem through the internet. And one of them is affiliate marketing.
What is affiliate marketing? Affiliate marketing is a long-term strategy wherein one can enjoy a passive income. It works when one chooses an affiliate network, promote their products, and shared links to their active social media followers. After which, they get a bunch of commissions from the affiliate networks.
There are pros and cons of affiliate marketing. One of the pros is that it’s straight forward and easy. The choices of products and services are readily available. You will only refer it to people who were searching for that kind of product or service. On the other hand, some tagged affiliate marketing as inconsistent marketing because not all marketing strategies will work.
Where can you apply as an affiliate marketer? There are so many portals that need affiliates. For as long as you have lots of active social media followers, you can easily apply as an affiliate partner to LAZADA, Shopee, Involve Asia, Amazon, eBay, ProductLink, etc. Some portals require a minimum of ten thousand active social media followers, and you’re good to go.
What are the benefits of affiliate marketing? There are four (4) benefits of affiliate marketing:
- Passive Income. It is easy to earn extra income even when you’re sleeping. When the links you shared in your social media platform were chosen, and a follower will purchase at it, then you will earn out from it by having a commission from your affiliate partner.
- Expand the target market. It will broaden your audience. The more links of products and services, the bigger the possibility of increasing the number of referrals. More referrals mean more income.
- Boost traffic and sales. Doing the right marketing strategy and religiously promoting the products and services will rapidly scale traffic and increase sales.
- Performance-based. The harder an affiliate will work on promoting and sharing the links of products and services, the bigger the possibility of earning more.
In the process of doing affiliate marketing, the techniques and strategies to choose from are limitless. There is no expertise required, and no huge capital is needed. You do not need money to market your business. One can generate sales without having to spend money upfront. The secret is to keep on mentioning the items you promoted over and over again until a potential buyer will check on it.
SEO Eillen 