(Explanation given in Mommy Terms so Y’all can understand it.)
This post is for those who are completely clueless like I was when I first heard this term. I only knew what Network Marketing was at that time. I truly wanted be able to work from home and be with my children. I honestly LOVE that idea, just don’t let them know because ALL chaos will break loose. Let’s be honest, when I’m in the home office and ‘I’m working’ sometimes I just need a mini retreat on the homefront?!
So I don’t get this part wrong, I looked up what Affiliate Marketing means:
“Affiliate marketing is the process of earning a commission by promoting other people’s (or company’s) products. You find a product you like, promote it to others and earn a piece of the profit for each sale that you make..” – Pat Flynn
Sounds simple enough right? Yeah. No need to create your own product. No need to get some kind of manufacturer in China to create your product. No need to deal with getting the product from manufacturer to customer.. It’s all taken care of. In my book, that sounds great! AND even better, if it’s a digital product, no need to deal with the post office and your customer can basically get Instant access. A win-win relationship!
But it’s also about how you market the product…
So how does one do affiliate marketing and make the millions online? Okay yeah I’m still figuring that one out. Check back with me in a few years..
There is actually a formula. And you know I’m all about formulas, structures, and step by step plans. The fact that most people, according to Neil Patel, who are living on Passive Income, making money in their sleep big earners, 99% of them started out as Affiliate Marketers. No kidding here.
You the Affiliate
An affiliate is a single individual or can be a group. You as the affiliate has either purchased the product and loved it and then promotes the product. For example, you love a particular brand of Concealer because it hides the fact that you got zero sleep the night before. Every night little Tommy comes into the bed and kicks you in the face and so you get NO nights sleep. Despite that fact (which no one has to know about), you apply it everyday before you go out and people compliment how VIBRANT you look. People start asking what it is that you’re doing and so you promote it. You have an affiliate link so when they want to purchase it, you get a commission every time.
Now, you can promote it across several social media platforms. For example, you could make a Youtube Video about applying this particular Concealer and drive people to your link to purchase.
The potential earning is limitless from a few hundred dollars in commission each month to thousands of dollars each month.
What do you do?
You don’t need to have a particular background to do this, but you do need to have the willingness to learn the necessary skills to be an effective marketer. What you want to do is attract potential customers to see the usefulness of the product in their lives. In our example, if there are millions of other Moms out there that want your magic Concealer, you could market to them and have them coming to you to get that product! Leading the customer to make their decision to purchase the product and giving them a way to make that purchase.
How does one do this?
There are several ways you can do this. One of the most effective ways is through Attraction Marketing & Building your Brand. You can do this through using any of the social media platforms like Facebook, Instagram, Twitter, LinkedIn, Snapchat, etc. The most powerful way I have seen this is through Blogging.
Yup, you can create a following with the Content you create on your Blog, have followers that want to get the products that YOU use. I believe that is how people are making purchases while you are sleeping? Can you imagine that?
Where do you do this?
To be an affiliate, you need to become part of a network that offers an affiliate program. Probably one of the most popular companies that has an affiliate program is Amazon or Amazon Associates. This is widely used by many to earn commission on products that they love.
If you are really wanting to be effective and have THAT Blog and be that Blogger. There is a system called MyLeadSystemPro that has an affiliate program. It teaches best strategy to have an effective Blog and has digital products to assist in any avenue of Online Marketing Strategy. You can absolutely share this with other Bloggers who want to get their blogs to stand out in a sea of bloggers.
For the Love… What is Affiliate Marketing?
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