Affiliate marketing requires three kinds of people to be involved to be successful. It requires a publisher of blogs, an advertiser of products and a consumer to buy the product. The publisher is known as the affiliate, the advertiser is the merchant and the consumer is the shopper.
The way affiliate marketing works is when the publisher of blogs writes about a product in his blogs and wants to make some money off his blogs. He then has to find an affiliate network that deals in the products that he writes about and join that network. He can now attach links to his blogs of the merchants in the affiliate network.
When a merchant wants to get more business for his products he too can join an affiliate network where he can get bloggers to promote his products and attach the links to his store on their blogs. In this way he gets the bloggers to promote his store and products.
When a blogger joins the affiliate program, he can use the affiliate networks tools to promote the network. He can also add a banner or an advertisement promoting the merchants store on his blog. This makes both the merchant as well as his store visible to the viewers who visit the blog. The blogger may also use his blog to promote both the store as well as the products that the store sells.
When a shopper visits the blog and reads about the store and the products described in the blog, the shopper also sees the banner advertising the store on the blog. He/ she may decide to visit the store and check out the products that the store sells. When the shopper clicks on the advertisement, he is taken to the store and can now check out the products in the store. If the shopper finds a product that they like in the store and may decide to buy it right then.
When the shopper buys the product the merchant makes a sale and this is due to the blog written by the publisher of the blog. With this sale the merchant gives a percentage of the sale to the blogger. The money due to the blogger is passed down to the blogger by the affiliate network, which makes the blogger happy about receiving the money for putting up the blog and the advertisement banner on his blog.
The infographic below shows you in details how they all work together:
TAKE AWAY & ADVICE
So the take away from this whole blog post is to follow any of these strategies, and stick with it, as well as become a bad ass problem solver and you’ll be well on your way to generating more leads and even a nice six figure income from your business website or blog.
Now if you enjoyed this blog post then click on the banner below to access our boot camp training which will teach you to get more leads, more sales and which will allow you to create a full time income online.