Why Affiliate Marketing is So Effective to Make Money Online

In affiliate marketing as a business model, an affiliate makes money online simply as a business partner who helps a product merchant sell products with a view to earning commissions. Essentially, to make money online, an affiliate simply acts as a bridge that connects potential customers to e-commerce stores. It is a performance-based business arrangement and a great way to make money online. The main role of the affiliate in the business arrangement is to simply direct buyers to an e-commerce store. Once these buyers make a purchase, the affiliate earns a percentage of the sale as commission. The affiliate receives a commission for each buyer that visits the e-commerce website and makes a purchase. The more sales the affiliate generates therefore, the more money he makes. The actual terms of the collaboration and commissions payment depends on the affiliate scheme run by each individual affiliate program. Most reputable and very large e-commerce programs like SFI, Strong Future International, ClickBank and eBay run decent and profitable affiliate networks.

 

Here is why Affiliate Marketing is so effective.

As most digital marketers very well know, affiliate marketing has proven to be very effective in driving traffic to online e-commerce stores for several reasons, prominent among which are:

Progress is Easily Quantifiable: Each affiliate has a unique affiliate link or code for easy attribution of marketing results. Depending on the agreed interval of commission payment, whatever quantum of sales attributable to an affiliate can be easily quantified and commissions due calculated out of it. It is thus fairly easy for each affiliate to get an accurate picture of his returns.

Payment is Performance Based: In affiliate marketing business model, affiliate earnings and payments are performance-based. Affiliates earn commissions based on the work they’ve already done not what they are yet to do. On the part of product merchants, it always makes more budget sense to pay commissions out of the sales they’ve already made and at known internals which in most cases is monthly. Because affiliate marketing is based on performance, it ensures a better return on investment. What’s more, the traffic the product merchant receives is always relevant, since the products are promoted by well-matched affiliates. 

Building an Online Presence: Product merchants and affiliates are both independent business persons in their own capacities. They have their own audiences and marketing channels. When affiliates use their own online assets to compliment the assets of the product merchants, building online presence for products on offer becomes easier and faster. In marketing efforts, that is some collaboration that works well for both parties. Most product merchants tend to work with affiliates they believe are reputable and already have a strong online presence and great audience. This helps to better enhance the online presence and credibility of the product merchant.

Easy Tracking: Most reputable affiliate programs like Strong Future International, SFI, ClickBank, Amazon and eBay have in-house software modules that allow them to easily track and manage their affiliate programs. They are able to easily measure and monitor the performance of each affiliate in their network. This info is readily available to affiliates themselves to help them gauge their performance at any point in time. Such info becomes quite useful to help affiliates devise their own advertising strategies and marketing campaigns for better and more results-oriented marketing.

5 Easy Ways to Monetize your Blog

To earn money from blogging, you must know what you are doing. It is not enough to consistently churn out good content on your blog. Deliberate steps must be taken to monetize the blog before you can effectively make money from it. That is in addition to doing everything blog-related like networking and content writing. By the time you have a real hang on your blog, it is imperative to constantly and regularly update it, test it, and diligently work it to grow it. That requires some bit of patience and practice though. It is by doing these things you can only expect to have some measure of success with it provided you put in enough time and resources growing the blog. Making money from your blog depends on how it is monetized. Following are some of the most popular monetization ways most bloggers usually adopt to make money. 

 
1. Affiliate Marketing

You can earn money from your blog as an affiliate. It is one popular way bloggers earn commissions paid out by product merchants. The arrangement is quite simple. Bloggers simply place unique links or codes on their content linking products on third party websites of product merchants. If anyone clicks on these links and makes a purchase, the blogger earns a commission from the sale. Quite a simple and effective way to earn money from a blog no doubt!

2. Selling Products

You can list products for sale on your e-commerce store and use your blog to promote them. Once the products are listed for sale, you simply use your blogs as an advertisement tool for the e-commerce store. If you sell your own products, orders are taken directly from your website, payments made and you supply the products yourself. Even if you don’t have your own products to sell yet, you can sell the products of other merchants by way of dropshipping. By this method, orders are taken from your website and the products are supplied by a third party merchant who will be responsible for handling, packaging, shipping and delivery to the buyers. You earn a commission from each sale originating from your blog website.
 
3. Offering Services
 
As a blogger, you can offer various services on your blog. Depending on your skillsets, you can sell your skills profitably online. Such skills as learning a new language, playing a musical instrument, singing, dancing and suchlike skills people are interested in and are prepared to pay for. You can also offer writing services, programming services or even Virtual Assistant services to busy Executives. If you have any of such valuable skills, you can through your blog advertise them properly and market yourself as a freelancer. That way, you’ll be able to earn good money from your skills.

4. Advertising

This is one of the most common ways of earning money from blogging. It is also very easy to understand and utilize once your blog is up and running and its readership is growing satisfactorily. You can work with many brands to advertise their products/services on your blog mostly through banner ads, codes or links. It is one easy way to earn money by way of paid commissions once your blog has garnered an audience.

5. Google AdSense

Google AdSense is a free, simple way to earn money by displaying ads next to your blog content. These ads are served through very unique and specialized codes from Google. With AdSense, you can show relevant and engaging ads to your blog visitors and even customize the look and feel of ads to match your site. Google AdSense provides a way for bloggers/publishers to earn money from their blog/online content. AdSense works by matching ads to your site based on your content and visitors. The ads are created and paid for by advertisers who want to promote their products. Since these advertisers pay different prices for different ads, the amount you earn varies. You earn money from AdSense through click-throughs and page views and the rates differ. You can for instance earn up to $1 for 1000 page views.