Affiliate Marketing
Discover the affiliate marketing business model. You generate income by selling products or services without dealing with an online store, delivery, and inventory.
Affiliate marketing is an excellent business opportunity for virtually anyone. It is very similar to influencer marketing, but here the number of followers doesn't matter, and there is no need for a follower base. Influencer marketing is a collaboration, while affiliate marketing involves sales for a commission.
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ABOUT AFFILIATE MARKETING
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It might seem like an easy business model, but if taken seriously, it's not that simple. Everyone talks about just putting links in Pinterest posts, and the money starts rolling in. THAT'S NOT TRUE! 😅 The term "affiliate marketing" itself includes "marketing," which is a serious profession. So, hardcore advertising is needed here.
Affiliate marketing is an e-commerce sales strategy where a third party (the affiliate marketer) promotes the products of a partner in exchange for a commission. For example, in a post about the keto diet, there is a link that, when clicked, directs to an online store where purchases can be made; this is the affiliate link. If someone buys through that link, the third party receives a commission because the purchase occurred through their link.
Commissions vary. Some offer 10%, while others go as high as 70%, particularly for software products.
When selecting an affiliate partner, such as a vitamin tablet company, you receive a unique link from the product seller. This link is used to track sales.
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HOW TO START AFFILIATE MARKETING
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There are numerous opportunities to receive affiliate links and start working immediately. Unfortunately, there are instances where non-valid sites advertise partnerships, and many complain about not receiving their payouts. It hasn't happened to me yet, but it's better to be cautious. I regularly write about affiliate marketing opportunities on my blog; you can read about them by clicking here. It's worth checking back frequently as I always share fresh and new opportunities.
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For beginners in affiliate marketing, I would recommend starting with affiliate partners that are easy to get into, logically, and also offer a sense of accomplishment. When I began, I worked for months without any results, even though I invested a fair amount of money. About a year ago, I started seeing success with Temu, and I've been working with them as affiliate partners for a few months now. I highly recommend Temu for beginners because they consistently assist in achieving goals.
If you click on this referral link, you'll immediately receive $5 to get started. They provide guidance on what to post, at what frequency, and offer specific tutorials. Plus, they reward your efforts. I have a blog post about Temu where you can read about what their affiliate partnership program offers.
If you aspire to work with Temu as an influencer, you can do that too—there's no need for a large follower count. If you meet the goals they set, they continuously send you free products of your choice for content creation.