Complete affiliate marketing guide 2020
What is affiliate marketing?
Affiliate marketing allows you to make money by promoting products with referral codes. You benefit from a sales commission if someone purchases a product using your reference code.
You promote products from these companies on blogs and social networks that you have. Don’t forget to enter your reference code into your content.
People use their referral codes
There are people who buy products using the reference code that you place in your promotional media. Usually, people who use the reference code will get an additional discount
Get a commission
After that, you will get a commission if someone buys it through the link that you put on your blog and social network.
Easy enough right?
The way affiliate marketing that I described above works is the most common and it is important to remember that the workflow in each affiliate marketing provider company can vary. Be sure to always read the terms and conditions before enrolling in an affiliate program.
The benefits of affiliate marketing
1. Easy process
Every company that offers an affiliate marketing program has different terms and conditions. However, in general, all companies apply in the same way as affiliate marketing works. You register as an affiliate seller, then you promote the product and finally get a commission if someone purchases through your link or banner.
2. Low cost
There are two types of companies that offer affiliate programs. First, companies that do not provide requirements must buy your company’s products to register for an affiliate program. The second type is companies that have to buy their products to register for an affiliate marketing program.
If you want to join an affiliate program from the second type of company, you have to choose the product that you really need. That way, you can make ends meet while getting money from products purchased through affiliate marketing.
3. This can be a passive income
Passive income can not only be obtained from rental businesses. Affiliate marketing can also be your passive income. With publications, you can make money with people who buy products through your links or banners.
4. Not limited to affiliate marketing
Maybe joining a company affiliate program isn’t enough for you. Take it easy because you can register an affiliate program from another company as long as it does not conflict with the terms and conditions of other companies.
5. Flexible work schedule
When your affiliate business is stable, you can decide that your affiliate business is your main source of income. Automatically, your working hours become flexible because they have no time limit. When running this business there are no old work standards. If it’s enough, you can relax with friends or family.
6. Getting new knowledge
Of course, you want an affiliate business that has been created to continue to grow. With a flexible work schedule without a standard work schedule, you can use your free time to deepen your knowledge of affiliate business.