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Presented by singlebag (4)

Entrepreneurs use various effective marketing strategies to develop their businesses and improve their revenue. One of the most important and efficient marketing strategies is u201caffiliate marketingu201d. In fact, 15% of the online sales are driven by the affiliate channel.

Singlebag
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Presented by singlebag (4)

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  1. AFFILIATE MARKETING

  2. WHATISAFFILIATMARKETING? Affiliatemarketing,alsocalledreferralmarketing,is a smartwaytoearnpassiveincomewhereanaffiliate promotes another brand or another company’s product or service and, in return, earns a commission for the sales generatedfrom their referrals. In online marketing, an affiliate can assist in increasing sales to the brand’s online store or website by writing a blog,creating avideoonYouTubeaboutthebrand’s productorservice,orproviding alinktotheaffiliate company’swebsite.Statisticsshowthatinonline business and eCommerce, 15% of the total revenue of a companyorbrand comesfromaffiliate marketing. 2

  3. HOWDOESITREALLYWORK? Firstly, the affiliates advertise or promote the affiliate company’s product or service by posting the links on their websites, blogs, video, and in social media pages. Then, when the consumer clicks on the affiliate’s link, they areredirectedtothecompany’swebsite.Afterwhichtheconsumer purchases the company’s product or service, and the affiliates will receive acommission for the salegenerated by them. 3

  4. PPC Pay-Per-Click (PPC) is where affiliates get paid for every valid PPS Pay-Per-Lead(PPL)iswherethe affiliates get paid for each qualifying actioncausedbyaclick,suchas click, they generate, regardless of whetherthoseclicksresultin salesorleads. HOW DO AFFILIATES GETPAID? installing apps, submitting forms, signing up for free online trials, answeringquicksurveys,andmore. PPS Pay-Per-Sale (PPS) is where the affiliatesgetpaidforalleligible sales generated by them and the percentageofcommissionis agreed between the affiliate and theaffiliatecompany.

  5. MYTHSVSFACTS! Affiliate marketing is completely legal and acts as a source of making money easily. In fact, as per Google trends, affiliate marketing has shown tremendous growth in thelastfiveyearsandtheUSisthelargestaffiliatemarketingcountrywhichhasa $6.8 billion affiliate marketing industry. We should also note that affiliate marketing has shown potential growth in India also targeting to reach $835 million affiliate marketingindustry by 2025. So, Affiliate marketing has become the most popular way to earn money online and also an excellent strategy to increase the sales of a brand or company and leading tobusiness growth andthereby developing countriesall over the world. 2

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