The Benefits of Affiliate Marketing - Is it Right For You?
There Are Many Benefits to Affiliate Marketing, Could It Be Right for You?
Affiliate marketing has become a very popular method of making money while you work from home. You may not have heard the phrase, but you very likely know what it means. Affiliate marketing is the earning of wages by marketing or promoting other people’s, or company’s, products.
How Does Affiliate Marketing Work?
Affiliate marketing is based around the idea of revenue sharing. Say that you have a product that you are trying to sell and would like some help getting the word out to increase your revenue. Enter online marketing specialists. These specialists are typically social media influencers who have tested the product and can attest to its effectiveness. Usually influencers do not promote products that they do not actually use and like, as they do not want to experience the inevitable backlash should consumers not like it. Their followers are their brand and their livelihood and very few are willing to jeopardize either of those.
Which Affiliate Company is Right for You?
Like anything else in this world, there are several different companies out there that offer affiliate marketing opportunities. When choosing which company to work with, doing your research is going to be key. Wealthy Affiliate is a great place to start, with its 1,400,000+ marketers in 193 countries, and 1,800+ expert coaches, it is tailor made for both novice and expert marketers.
The Perks to Affiliate Marketing are Immense
Can you think of anything better than earning money while you sleep? That is one of the biggest perks of affiliate marketing. Thanks to the nature of social media and the beauty of different time zones, your affiliated posts never stop circulating. Anyone in the world could potentially stumble upon it at any given time.
In addition to this easy income generator, the other perk lies in the free samples. If you become successful in your marketing efforts, other companies seek you out to market their products. To effectively do this, they send you samples of their product so that you may know first hand how it works or smells or tastes, if there are harmful products in it, or if the cleaning product cleans. All you do in exchange for these products is post about them and how great they work.
A New Way of Marketing
The retail market looks different now than it ever has in history. 79 percent, or eight in 10 Americans now shop predominantly online. Convenience factors into that, sure, but online shopping also generally tends to be more cost effective.
Affiliate marketing allows for that instant gratification that we as consumers so crave these days. All you have to do is scroll through Instagram, see an ad for a product that someone you follow posted, click on the link, and boom. You are now the proud owner of a brand-new product that is sure to change your life. Affiliate marketing is the textbook definition of mutually beneficial, as the company selling the product is getting a great deal on their marketing campaign, and their affiliate marketers earn money by doing something they do all day long, anyway. That is the perfect picture of a win/win.
Now go out there, and WIN!
~ ThePriceMan (IG @iamthomasprice)
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That is a great post and thank you for sharing this information
Mary
Thank you, glad you like it
You are so very welcome it was my pleasure
Mary