Finding ways to create new sales and profitable leads are always a difficult task for entrepreneurs. As Digital technology grows, customers are turning into digital purchases constantly. So it is very difficult to engage customers and make revenue from them.
That's why a lot of business owners are turning to affiliate marketing, in order to generate profit .
What is affiliate marketing?
Affiliate marketing is an essential key to earn sufficient profit. The concept of affiliate marketing is a company pays someone with decent commissions for referring their products or business. The growth in technology which boost up the affiliate businesses over the two decades.
Affiliate businesses are growing rapidly after the arrival of e-commerce sites.
FYI : PC - Flowers & Gifts : the first startup who initiate and deployed the affiliate marketing since1994. They launched a revenue-sharing platform through the prodigy network. William j Tobin, the founder of PC flowers convinced a lot of companies and affiliates to promote their products for a decent commission exchange. Within a short period, the company earn a million of affiliate sales.
Then, Tobin tends to patent his idea in 1996. And in 1996 amazon, launched a huge affiliate program online.
How affiliate marketing works ?
The concept of the affiliate marketing process is quite simple technique .
Pay per click :
According to “Wikipedia” -
Pay-per-click (PPC), also known as cost per click (CPC), is an internet advertising model used to direct traffic to websites, in which an advertiser pays a publisher (typically a website owner or a network of websites) when the ad is clicked.
Let's we have a look at What is PPC : For every affiliate marketer, online PPC is the strongest pillar and quick source to earn more profit.
A company pays a commission to affiliate websites / individual for each visitors comes from the affiliate medium. These kind of methods are commonly popular among bloggers because kind of process turns them as a merchant affiliate without over-promoting the third party products in their blogs.
Highlight of PPC : generates high commission levels for affiliates. Because a company should pay the commission even though if the visitor not buys the product.
Pay Per Lead : In this kind of process, the company pays the commission to the affiliates only if the visitors ask for a demo, newsletter, etc.
Pay per sales : Here , affiliate gets commission only if the visitors buy a product from the company.
How to integrate my company with affiliate marketing?
As a small business owner, there are 2 possibilities for the company to take advantage of affiliate marketing:
a) Set up your own affiliate marketing program in order to earn more sales and profits .
But setting up an affiliate program is highly cost effective. So if you are a small business it is really complex for you to get things done.
b) Join into an existing affiliate program and earn income by referring other products and generating leads. Through that income, you can use it for your business growth.
But the most efficient way is, you can create your own affiliate website! Creating an affiliate website and the implementation is very quick and simple. An affiliate website can earn a number of leads and profit.
Learn more about what are the things to avoid while doing affiliate marketing?
Here the cashback website comes,
Even though if you have started an affiliate website, if there is no visit to your site then there is no use. Also, it is very complicated to promote your affiliate website. Because of these issues, the top affiliate marketer is gone for cashback affiliate website. With the help of a cash back website, you can earn a number of visits and leads without heavy efforts.
There are a lot of choices, Choose the best fit for you!
Improve your affiliate skills
We never share your information. We respect your Privacy *
We will get back to you through email or call within 1 business day.