How to Learn Digital Marketing from Scratch and Alone - Volume 07 - Affiliate Marketing: Earn money by promoting third-party products

Editorial Max

Publisher: BookRix

Summary

What is Affiliate Marketing?
Affiliate marketing is a business model where you earn a commission by promoting third-party products or services. In essence, you become an "affiliate" who recommends products to your audience, and when a purchase is made through your affiliate link, you receive a percentage of the sale.
How does affiliate marketing work?
The process starts with choosing an affiliate program. These programs can be found on dedicated platforms like Amazon Associates ,ShareASale , or specific programs offered for individual businesses. Once you sign up, you receive a unique link that tracks sales generated through your recommendations.
When a visitor clicks on your link and makes a purchase, the transaction is recorded, and the commission is credited to your account. This commission may vary depending on the program, product and agreed conditions.
History and Evolution
Affiliate marketing emerged in the late 90s with the growth of e-commerce. Over time, we have evolved to become a popular and effective strategy for businesses looking to expand their reach and for individuals looking to make money online. Today, affiliate marketing is one of the most accessible ways to generate passive income, thanks to the diversity of programs and tools available.
Advantages of Affiliate Marketing Low Initial Cost : You don't need to create a product or manage inventory. All you need is to promote products. Flexibility : Work from anywhere and at any time. Affiliate marketing gives you freedom and independence. Passive Income Potential : Once your campaigns are defined, you can continue earning commissions while focusing on other projects.
Conclusion
Affiliate marketing is an attractive opportunity for anyone looking to enter the world of online business. With a low-risk model and potential for high returns, it's an effective way to monetize your knowledge and digital reach. In the next Chapters, we will explore how to choose a niche, find affiliate programs, and maximize your marketing strategies to achieve success in this field.

Available since: 09/30/2024.

Business & Economics

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