Way
No 3 - Do Affiliate Marketing
What is Affiliate Marketing?
Affiliate
marketing is a type of performance-based marketing in which a
business rewards a certain percentage of commission for each product
bought by the customers who are brought by the affiliate's own
marketing efforts.
Suitable
For -
People
who love to talk, write, explain and have the ability to persuade.
Skills
Required -
Ability
to promote a product online using social media, videos, ads, etc.
Time
Required For Starting Affiliate Marketing -
Virtually
within an hour. You just need to select an online product that pays a
commission when you promote and sell it using your affiliate link.
Tips
-
1.
Select an online product from the domain in which you are well
conversant with. For example, if you are a dietician then select a
product related to diet.
There
are lots of products available in every domain you just need to focus
on which domain is suitable for you.
2.
Places to find products: Clickbank.com, Shareasale.com, Jvzoo.com.
These websites have thousands of products listed from multiple
domains.
3.
Choose a product that pays you at least 50% commission on each sale.
4.
Most product websites handle affiliate link generation and payouts so
you don’t need to worry about how you’ll get your commissions.
Just
get your custom affiliate link created by the vendor and start
promoting it.
5.
If you want to earn instant money from affiliate marketing try to
promote your affiliate link on social sites such as Facebook,
Twitter, Digg, StumbleUpon, and Reddit.
How
To Monetize -
Monetization
is simple, just make more people buy the product through your
affiliate link. Create a Facebook page or Banner ads about the
product.
Tell
people how the product will help them to solve their problems.
Improve
people’s knowledge about the domain and help them to solve other
related problems.
The
Complete Guide To Affiliate Marketing -
Now
available inside Make Money - Advanced App