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Affiliate Marketing: What is it and How to do it
What is affiliate marketing?
Affiliate Marketing is the best way to supplement your income from your job, but you have to know how to do it right.
First let’s define what it is.
Affiliate marketing is basically a fancy word for commission sales. We get paid for whatever sales we bring in to the business. The beautiful thing about affiliate marketing is that you can leverage the power of the online world into your marketing, so you don't have to spend every day at your JOB!
For example, say I’m a salesman for T-Mobile. If I want to make a commission for a product, I need to help my customer pick out the right case for their needs. This is great, but the disadvantage is that you only get paid for sales you make while you’re in the store. Also, you can only help one customer at a time (without being rude).
For the online world, you can leverage the internet so you can make sales at any time of the day. You can also work with more than one person at a time, ie. Communicating via Email to multiple customers.
How to do it:
Now that you know what affiliate marketing is, you need to know how to do it. Once you have your link you need to be able to get real human eye balls on your site. So how do you do that?
Social media is huge. You can either market the product out yourself and put the link in your bio, or you can leverage someone else who has a bigger and more engaged list. There are many ways you can leverage someone else's email list, the one I'm thinking off the top of my head is udimi.
Another way to leverage affiliate marketing is to use influencers to put your link in their bio for a day. Obviously you're going to have to pay them, but the key is to make more than you spend!
Hope this helps kickstart you on your online journey of Affiliate Marketing 🙂
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