If you just decided to explore the world of affiliate marketing, then you have come to the right place. In this post and the following blog posts we will help you kick start your success journey, so stay tuned!
Affiliate marketing is a way of making money by referring people to purchase items online. More and more companies are starting to use this form of marketing to reward affiliates for generating website visitors to their business. Affiliates are only paid when sales are completed so it's an extremely cost-effective tool.
Becoming an affiliate is very simple and although each program may have their own criteria for approval, they are normally free to join and have no pre-requisites.
Most companies opt to employ an 'affiliate network' which has already built a large base of affiliates and gained years of experience in running successful programs for clients. We, at Hareer Deals Network, have a range of brands where you can find the suitable ones to promote.
In order to become an affiliate, you need to generate regular content and reviews around a certain topic. Typically the more content and research you generate the greater the likelihood of you generating significant sales, which is why marketing something that interests you is very important.
Here are some words that you’ll encounter a lot in affiliate marketing with a brief definition:
The merchant: AKA the retailer, the advertiser or the brand. This is the person who is selling the thing that you’re promoting.
The publisher: You, AKA “the affiliate”. You’re the one doing the marketing by promoting merchant goods to your readers (the customers) in hope that they’ll make a purchase from your link.
The Customer: the person who decides whether or not they want to purchase the good or service.
Affiliate links: are links that point you towards a specific product or page (rather than the general brand website).
Affiliate program: An automated marketing program where affiliates place the company's advertisements on their individually owned websites. Affiliates are then paid a commission fee for every lead or sale they drive to the merchant’s website, thus, providing a certain level of benefit to each other.
Affiliate network: An affiliate network is a platform that acts as a mediator, bring together advertisers (Merchants) and publishers (affiliates), where product owners list their products and invite affiliate marketers to promote them in exchange for an agreed on commission.
Revenue Sharing/Pay Per Share: most affiliate programs today use this method, where you earn a certain amount for items your viewers purchase using an affiliate URL you provide on your site.
Cost Per Acquisition: the merchant places an ad and pays you only for a specific acquisition, such as a contact request, email list sign up, or account registration resulting from users arriving at the merchant’s site via the ad. The specific acquisition for which you get paid is determined ahead of time by the merchant.
Cost Per Click: Cost per click is where you are paid based on the number of people who view an ad placed onto your site.
