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.

Top Marketing Strategies to Grow Your Online Business

If you are marketing your business online, it does not have to be a complicated process. Once your marketing strategies are right and you get a handle on your marketing processes and tactics, it is smooth sailing from there. If you have been in the business for a while, you must know that some digital strategies do work better than others. That is expected. It is advisable to diligently test every strategy to see what works best for you. You can then invest more of your time and resources on those techniques that work best for you. As every online marketer very well knows, marketing a small business online is not quite as easy as it may sound. This is why many marketers struggle real hard to get some traction particularly at the beginning. Once these marketers get their marketing strategies right, getting good traffic and growing their audience becomes fairly easier. An effective online marketing strategy helps to boost your business. With it, you get good traffic, more leads, more conversions and sales. 

 
Below are some tested and most likely the very best digital marketing strategies you can use to get more traffic, reach more customers and earn more money online.

Web Design

To do business successfully online, you need a website, a well-designed and user-friendly website that is. If you are marketing out of it, it allows your business to reach more customers and earn more revenue online. The design of your website directly influences the amount of time and attention a user will spend on your content. It also has an influence on its loading speed and navigation thereby directly helping to improve user experience on the site. The user experience derives from making it easy for visitors to find the information they need on the site to become converted customers. Optimizing your website for mobile devices helps the over 60% of online surfers who use mobile devices to easily access the site. If you have the skills, you can build a website yourself using smart web tools. If however you do not have the design skills to do it yourself, it is advisable to hire the services of professional webmasters to create a versatile, attractive and user-friendly website for you.

Affiliate Marketing

Affiliate marketing is an advertising technique in which a product merchant pays another person or affiliate to generate leads and sales. The affiliate gets paid a commission from the sales generated directly by the affiliate. What the affiliate does to deserve commission payment is to simply refer online surfers to products through the content they share on their blogs, social media platforms, websites and any other web channels. The affiliate makes money each time someone makes a purchase or signs up for something through their unique affiliate link. Both product merchants and affiliates benefit directly from this arrangement. The product merchant makes more revenue from increased sales and the affiliate earns a decent commission income from their promotional/marketing efforts. Most reputable and very large e-commerce programs like SFI, Strong Future International, ClickBank and eBay run decent and profitable affiliate networks.

 
Email Marketing

For effective email marketing, you must have a responsive email list. With it, you can send email marketing messages to thousands of recipients in a matter of seconds. You can regularly send emails to potential and current customers to sell, educate, and create affinity. Email marketing is readily one of the most cost-effective techniques to market products from an e-Commerce store. With the use of online smart tools, you can create automated email marketing campaigns to connect with potential customers and customers. Once you know the usual purchasing habits of your customers, you can use the info to develop a marketing strategy. Sending automated email messages with this strategy to a segmented email list is usually very helpful in terms of marketing campaign results.

Search Engine Optimization (SEO)

SEO is a series of online techniques involving the tactical use of keywords on a website content to boost rankings on the SERPs of search engines. These keywords and phrases associated with your business help search engines to include your business in search results in response to queries from online searchers. SEO can be On-page and Off-page. On-page SEO is any optimization you perform on your website, including improving your site’s speed, adding keywords to your URLs, page titles, and headings, and creating and regularly updating content about your products/services. Off-page SEO is any optimization occurring away from your website. It involves the tactical way of earning valuable backlinks to your website from other reputable sites to improve your website ranking. If the SEO on your website is good, it translates to more organic traffic, more leads and more conversions.

Social Media Marketing

Presently, there are about 4.65 billion active social media users worldwide. What that means is that 58.7% of global population is on social media. Now that’s one huge market out there! Many of these people are on social media having fun, sharing information and doing business. If you want to grow your small business on social media, just get it on the most popular social media sites like Facebook, Twitter, LinkedIn, Instagram and Pinterest. Share content regularly and engage other users interactively. That way, you can grow your audience, get more traffic and conversions.