Today I brought you another great method to earn money online with zero investments. You may already heard about AFFILIATE MARKETING. Let’s see what is affiliate marketing and how to make money with affiliate marketing.
What is Affiliate Marketing?
In layman’s terms, Affiliate marketing is a business module which you can earn money from promoting someone else’s product or service. Some companies create affiliate programs where people can apply. Once you get accepted you will be able to generate your own affiliate link and promote a product or a service using a traffic source like a website, social media pages, etc.. When people buy a product or a service using your affiliate link, that company will pay you a commission. This is the simplest definition of Affiliate Marketing.
Affiliate marketing example
Let me explain affiliate marketing meaning with example. amazon.com is a worldwide known online marketplace where people can buy thousands of products. They have an Affiliate marketing program called Amazon Associates. Let’s say you have applied for this program and got accepted.
Once Amazon accept your application, you can start creating affiliate links using Amazon portal. You can pick an available product and make an affiliate link.
Then you can use that link to promote the product using your website or social media page. When someone click on that affiliate link and go to Amazon to buy that product, you get a commission from that sale. Amazon pays from 2 to 20 percent per product.
How do I earn affiliate marketing?
Now you know what Affiliate marketing is. Let’s see how to start affiliate marketing and what are the methods that you can use to earn money from affiliate marketing.
In order for you to make money from affiliate marketing, you need to follow at least one method from the below list.
Methods to earn money from Affiliate programs
– Own Website
– Social Media Pages
– Youtube Channel
– Email Marketing
– Google Ad campaigns
These are the main methods affiliate marketers use to make money from Affiliate marketing programs. We can divide above methods into two types. Zero investment affiliate marketing and Promotional affiliate marketing.
Promotional Affiliate Marketing
Let’s say you are an affiliate marketer who has money to spend on your affiliate program. So you can use advertising and social media promotions to promote your affiliate links among buyers. Or you can buy an email marketing company for an email campaign. But this method has its own pros and cons.
– You don’t have to spend time building a profile or social media page
– Quick results
– You can target a specific audience
– You have to spend money on advertising
– Risk of not getting your money’s worth
– Low profit
How to start affiliate marketing with no money – Zero Investment
How to make money with affiliate marketing without spending any money? If you are not going to promote your affiliate link via paid promotions, you have to have a way to bring traffic or customers through your affiliate link.
So the best way is to have a social media page with lots of followers. This is the most common method people use. It is 100% free and easy to start. But it takes time. Because you have to build up an audience from the ground.
Most Popular Social Media Platforms for Affiliate Marketing
If you have a social media page that has a good audience, you can start affiliate marketing right away. All you have to do is find a good affiliate program and submit your social media pages to it. If they approve your application, you can start promoting your affiliate products via your social media pages.
Here are the most popular affiliate marketing companies that you can start affiliate marketing with no money.
Now you know what is affiliate marketing and how to make money with affiliate marketing. I will post more Affiliate Marketing tips and trick soon. So don’t forget to visit Daily Reader Global again.
Mawan Lakshan Aluvihare is a software engineer, social media marketer and an online entrepreneur in Sri Lanka. He completed his bachelor's degree in Interactive Media at Sri Lanka Institute of Information Technology in 2014. He is a level 2 seller on Fiverr, a successful dropshipper and the owner of redwolfTAG Solution, a web development company in Sri Lanka.