Affiliate marketing is a type of online marketing where a company or business rewards people (affiliates) for promoting their products or services. Essentially, you (as an affiliate) would promote a product or service to your audience, and if someone clicks on your unique referral link and makes a purchase, you earn a commission from the sale.
Photo by Maxim Ilyahov on Unsplash
For example, let’s say you have a blog about fitness and health. You could sign up to be an affiliate for a fitness supplement company. They would provide you with a unique link to their website, which you would then promote on your blog. If one of your readers clicks on that link and makes a purchase, you would earn a commission from the sale.
Affiliate marketing is a win-win for both the company and the affiliate. The company gets exposure and sales from the affiliate’s audience, and the affiliate earns a commission for promoting a product or service they believe in.
Topic Outline:
- What are the basic requirements to do affiliate marketing?
- How do I start affiliate marketing?
- Is affiliate marketing the same as a referral program?
- What are the pros and cons?
What are the basic requirements to do affiliate marketing?
To start with affiliate marketing, you will need a few basic requirements including a device such as a computer or a smartphone, and a stable internet connection. Additionally, you will need:.