Do you know you can make tons of money online?
Making money online is not a thing of joke anymore. In fact making money can not be over emphasis as the world is fast become a global market where you can easily reach people around the globe in a few seconds.
In this computer ara there are many ways to make money online which includes; blogging, Email marketing, e-commerce, drop shipping, affiliate marketing, freelancing and many more.
I will be limited to affiliate marketing for the purpose of this article. So let dive in.
First, what is affiliate marketing?
A simple definition of affiliate marketing is:
Affiliate marketing involves having your own site and sending your traffic to someone else’s site to buy their products or services. For every sale initiated by a link from your site, you earn a percentage–an affiliate sales commission.
Mind you, web site is not the only means to do affiliate marketing you can also affiliate on your social media accounts. But website is far the most effective means to do affiliate marketing.
What those affiliate marketing look like when you are a blogger (website owner)?
An example of this could be blatantly creating a post that is actually about the company you are affiliated with or you could deftly weave the product or service into a post that is on a related topic.
An example of going the blatant root?
Let’s say you are a food blogger and one of the companies you are an affiliate of sells food processors. You can write an entire post about that food processor including:
- Recipes where the food processor could be utilize
- Care instructions and more.
Then you could include a button, link or banner ad that would take the reader directly to that product and they could order it based on your recommendations.
If you would like to take a more subtle approach, include a product or service from your company that relates into your blog post. For example, let’s say that you are a wine connoisseur and that is what your blog is based around. In any post that is enticing your readers to open up a good bottle of Merlot or what have you, it would be wise to embed an ad for a quality, easy-to-use wine opener, wine glasses or stoppers that keep the wine fresh.
Reasons why you should start affiliate marketing;
1.Affiliate marketing requires little capital to startup. unlike other business online business online which requires huge amounts of money and facilities to startup, affiliate marketing startup is relatively low.
you only need to spend a paltry $3/month on hosting platform plus $7 for a
custom domain name in order to launch a website (sometimes you don’t even need a website!).
From then on, your only true costs are content , which you should be able to write yourself, choosing a responsive and free CMS like WordPress and website design and then writing a blog post to help generate traffic and sales to your site .
Also if you don’t have any money to start, you can use free social media , website creation and plugin tools.
Even once you start earning an income with your site, your overheads will still remain low. You don’t need to hire an expensive office to meet clients in, you don’t need to hire anyone to deal with customer support (like you would in an e-commerce venture).
2. You can easily earn and build income quickly with affiliate marketing. With affiliate marketing you can easily start making money almost straight away, once you choose the right niche for your targeted audience and your seo tools in place to make quality keywords research then you are good to go start making you money. Remember, you don’t need to provide any ongoing support or services to your referred customers. Once you’ve referred them, the operator/merchant will take care of the customer loyalty and upsell marketing campaigns.
3.It’s Easy To Scale An Affiliate Marketing Business.
Many successful affiliate marketers have discovered that scaling their businesses into the white label, dropshipping or wholesale operations was not a terribly difficult task. An increasingly common thing I’m seeing successful affiliates do nowadays to scale their operations is to launch their own white-label operation or skin
The advantages of starting your own white label are that you can increase your conversions by reducing traffic leakage as well as recruiting other
affiliates to promote your brand on your behalf.
It also is very easy to scale an affiliate marketing site in eCommerce by venturing into dropshipping or wholesale.
4.Many Options for Monetization Sources
Affiliate marketing lends itself really well to different marketing channels and sources of customer acquisition.
For example, RightCasino managed to monetize traffic through industry and entertainment news,
Twitter , PPC, email marketing and others.
This can seem like a very daunting task, but we have shredded this process into an ABC and step-by-step formula in our digital marketing course that you can follow to stay ahead of the game.
Some brands even let you advertise your affiliates links directly on media and PPC networks such as
Facebook . This means you don’t even need your own website to start affiliate marketing.
Often times I do receive this message on how exactly does an affiliate make money?
Well believe it or not, an affiliate marketing business is probably one of the most profitable you’d likely to come across. Set up correctly, it can be very lucrative. An affiliate’s payment is based off of affiliate commission from the company they are an affiliate of. The buttons, links or banners of the products you are trying to sell contain your unique user ID when you embed the HTML code into your blog that makes the ad appear.
When the user clicks that ad / link / image and chooses to buy the product, the company will be alerted that you were the affiliate that led them to that purchase. As such, you will receive a commission from the company for being responsible in driving traffic and new customers to their website.
Do you want to know the exciting part of affiliate marketing?
You don’t need to sell products all the time to make a commission.
Yes… you really do not have to sell all the time to make a commission.
This is basically because different affiliate programs can use different payment terms such as:
Pay per Sale : In this program, a product owner pays you a percentage of the sale price when the purchase is completed.
Pay per Click : In this program, you get paid based on the number of visitors you redirect to the products owner website from your affiliate site, whether or not a sale is made.
Pay per Lead : You get paid once the referred visitors provide their contact information on the target site by filling out a simple contact form.
Haven said all these about affiliate marketing you can not make money without having large numbers of audience (customers) so let’s now focus on how to build audience.
How Do You Get Traffic To The Products Or Services You Are Trying To Sell?
One of the main reasons why most newbie affiliate marketers give up after 3 months is the fact that they can’t build up traffic to their affiliate website. It’s a thorn in most marketers’ sides, but one that can be easily resolved if you put the effort in. Below I have covered a few areas that will get you good targeted traffic to your affiliate deals.
Create great content
Easier said than done you might say. It’s true. Creating something truly amazing and resourceful takes time, effort and dedication to the project. But you don’t have to reinvent the wheel.
Make your posts engaging and offer a lead that will capture readers attention and make them want to read on and learn more about the product or service.
Practice effective SEO techniques
Just as with any blog post, utilising good
SEO strategies and driving traffic from search engines can be a good source of
quality traffic .
The skyscraping technique is a great way to not only rank for loads more keywords naturally, but also to generate links to your content by becoming the best and most comprehensive resource on the web. It’s a common tactic used in online marketing for building organic traffic.
Skyscraping is when you find the best content for a particular keyword and then create your own version, but make it even better than the original. This can be done by covering areas that might be missing from your competitors piece or expanding on those topics, and become the ultimate resource for that subject.
The majority of affiliate marketers pay for their traffic via platforms like Facebook, Google AdWords and other ad networks. For me I’d rather gain traffic for free via search engines and social media networks.
They say the money is in the list. Building up a solid email list of subscribers is one sure fire way to generate income from affiliate marketing and online marketing. To do this you need to action some email list building ideas in order to attract people to signing up. Ideas like creating a giveaway such as a free ebook in exchange for their email works really well. Once you’ve built up trust with your audience, they will be more inclined to buy from your suggestions to them. This is where the money comes rolling in from affiliate sales.
Upselling is a sales technique where the salesperson encourages a more expensive purchase by a customer by persuading them to get an upgraded version of an item or to purchase add-ons. Remember our food processor example? That food processor could probably be best used with a book of recipes, which also can be purchased at the same company’s website. Upselling is an affiliate marketers’ secret weapon to gaining extra affiliate sales.
Promote products you would buy.
Do you have zero interest in an expensive mountain bike the company you are an affiliate of sells? Well, you probably don’t want to feature it on your blog, as it is extremely difficult to persuade readers (or anyone for that matter) that they should buy something you wouldn’t be caught spending a single penny on. When you are passionate about a product or–at the very least–interested in learning more about it, this will come through to your readers, engage them and better coax them to buy.
Now that you’ve seen how to make money online through affiliate marketing in Nigeria, what then are you waiting for?
If you really want to build a profitable business online, this article will be an eye-opener because you will find a host of important affiliate marketing programs in Nigeria and their various links to get registered right away.
Here are the list of legitimate Affiliate programs, companies or merchants in Nigeria you can promote their products or service as an affiliate marketer to earn passive income online and how to start affiliate marketing in Nigeria.
- Jumia affiliate program
- Konga affiliate program
- Dealday Affiliate program
- Whogohost Affiliate program
- Travelstart Affiliate program
- Bet9ja Affiliate program
More affiliate programs in Nigeria to make money in dollars $$.
Aliexpress Affiliate program
Find digital tools reseller Affiliate program
- Grammarly Affiliate program
- Commission junction.
In conclusion, just as everything has an advantage and disadvantage. Affiliate has some disadvantages as such:
1.It takes time to establish i.e to start making tons of money
2.It requires self discipline and commitment
3.You may run into bad affiliate partnership
4.You have no control over price and commission
Finally, if these mentioned disadvantages are properly checked and controlled if I assume you if no sooner time you will start making tons of money online via affiliate marketing program.
Don’t forget to share with you friends let make money together. Comment before for any observation, recommendations and questions?