Beginner’s Guide to Affiliate Marketing

Do you want to learn my exact guide on how I make over $50 per day from affiliate marketing? Then in this post, I will be sharing with you everything you need to know about affiliate marketing in Nigeria.

There are a lot of misconceptions about affiliate marketing and thats why many people are saying the stuff is not working. well thats what you say when you dont record success in a business.

If you want to learn a comprehensive guide on how to start digital marketing as a career click here

You can also like how to start a blog in Nigeria and make money

Have you tried it before and you failed, when in this post, i will share with you my exact guide.

But first!!!

WHAT IS AFFILIATE MARKETING

Affiliate marketing is a way for you to earn money by selling a brand’s products. As strictly a marketer, you have no inventory and work for commission. Generally, affiliate marketers receive payment when a consumer they referred buys a product or service or completes a specific task.

In other words, it’s a way that businesses can outsource their marketing to you in a way that’s strictly performance-based. This offers businesses a 100% return on their investment, which makes it unique among online marketing methods.

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It also means that you have the opportunity to make a good deal of money by selling a product that isn’t yours. The more you sell, the more you earn.

And since you don’t have to worry about shipping, overhead costs, or customer service, your input is as small as you want it to be.

You can also like how to make money online in Nigeria

But to make money as an affiliate marketer, you have to understand all parties involved and what they stand to get out of the relationship. Knowing each role and how they can potentially help you make money is an essential first step when starting out as an affiliate.

Advertiser: The first party, typically referred to as the advertiser or merchant, is the party that’s selling the actual product or service.

This is the party that you, the affiliate, will be working with. They usually have an established affiliate program, and leave it to you to carve out your space on the web and sell their product.

The product or service could be a physical product like phones or laptops, or even less tangible items like insurance policies.

Affiliate: The second party is the publisher, more commonly referred to as the affiliate marketer.

This is you, the individual working with the merchant to sell in exchange for a commission. You’ll have a contract in place, and you’ll seek to push traffic in the form of links, ads, or in some cases unique phone numbers that you incorporate on your site.

Affiliate marketers fall under a very broad umbrella and could be just about anyone on the web. If you follow a blog or a popular social media profile, the chances are good that they are an affiliate of a brand.

The Advertiser/Affiliate relationship is a highly strategic one, as both parties need to make money for the relationship to continue. Since you’re working so closely, you need to be on the same page about your roles, responsibilities, and payment.

Consumer: Finally, you have the consumer or the party that will be (hopefully) buying your product. Thus, the relationship between the affiliate and the consumer should be one of trust.

The consumer finishes out the relationship triangle by interacting with your marketing efforts (like clicking a tracked URL or ad) and then moving further into the publisher’s sales funnel. Once they’ve bought something or completed the action agreed upon by the affiliate and merchant, everyone receives their piece of the exchange.

All three groups center on the relationship created by the affiliate and will receive their product or payment through you. Of course, you’ll also get paid when a purchase goes through.

Once you know how each party plays its role, you start to gain a better picture of how the entire affiliate marketing process works.

You, as an affiliate, publish ads or content that encourages a consumer to buy from a merchant. You’ll have a set affiliate marketing method that will allow you to build an audience and promote to them.

Using various technologies and platforms, the merchant can track when you send a customer to them and will pay you if they buy a product or service.

As a third-party to the brand, you have no say over what you sell or the price it sells for, but you also carry less risk.

When every aspect of affiliate marketing works together, every party benefits. Consumers get their product, merchants generate revenue, and the affiliate makes a commission.

If you do this process well, you can make money in the long-term by keeping a consistent strategy and building stronger relationships with all three involved parties

There are a lot of affiliate companies you can join, we have Amazon, Clickbank, Shareasale, Digistore24 etc

HOW I MAKE OVER $200 PER DAY WITH THESE AFFILIATE PROGRAMS

So LETS GET TO IT, YOU WANT TO KNOW HOW I MAKE OVER $200 PER DAY FROM THESE AFFILIATE COMPANIES, YOU ARE NOT A LONE. THERE ARE SOME THINGS YOU NEED TO UNDERSTAND BEFORE STARTING AN AFFILIATE MARKETING BUSINESS;

So, where can you use your affiliate links?

Affiliate links can be used in so many different places. From your emails, blog posts, YouTube, Social media, e-book, and even PDF files.

If you look at the top people on YouTube, they typically have links for the equipment they use to make their videos and the products they’re actually reviewing in the video.

For blog posts, links can typically be found in review articles or even just through the text if any sort of product or service is mentioned.

If you are just starting as a blogging, you can start with AMAZON ASSOCIATE, because that’s one of the easiest way to make some dollars.

What you just have to do to find some trending products on amazon, write a review about the product and promote it, you will get some sales. Before starting with amazon, make sure you are ready to promote, because if you are not deal for he business, your account will be deactivated after 90 days.

You can also go with Clickbank or Digistore24.

Although in some countries like Nigeria, India and some countries like that, Clickbank doesn’t accept them but that is a lot of other companies you can work with shouldn’t stop you.

Does digistore24 work in Nigeria?

Thats the question, recent changes have occurred and digistore24 is not more accepting of Nigerians because of the tax issues. The only solution to register on digistore24 is to register a tax id in the UK or United States.

Even though you use a VPN to register, if you want to receive your payment, they are going to ask you to provide your tax ID, and unable to provide that, your account might be disabled and your hard-earned money gone.

So the best thing you can actually do is to provide and register for a tax ID in the United States or the UK and then use a VPN as the case may be to register.

There are a lot of places you can use to promote your products, you can leverage Facebook groups relating to the particular product. You can also leverage Facebook ads to promote your products.

Watch out for my next post, I will be sharing how to use Facebook ads to promote your affiliate products and makeover $200 per day.

If you have any question regarding this post, you can drop below. Don’t forget to share with loved ones as well.

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