What is Affiliate Marketing: An Engaging Infographic

Affiliate Marketing The How, What, and Why (for beginners) Definition: A marketing arrangement by which an online retailer pays commission to an external individual for leads or sales generated from its referrals. How Does The Business Model Work? In this business model, there is a connection among three people: the business, the affiliate, and the customer. I'll connect you both & make money. Hey, I provide the service. Hey, I need the service. 2$ Why is Affiliate Marketing So Popular? Well, there are a lot of reasons for this: 1 Affiliate marketing is the most popular way to make money on the Internet. Putting marketing in the hands of affiliates frees up some time for businesses. 3 By working with a selected group of affiliates, you can get your products exposed to new and different audiences. It's beneficial for both merchants and affiliates to build more credibility and create a consistent revenue stream. How To Get Started As An Affiliate? STEP 1: PICK A LOW-COMPETITIVE INDUSTRY When it comes to picking an industry, just keep these things in mind. C ニ CHOOSE WHAT YOU LOVE MAKE SURE OTHER PEOPLE ARE INTERESTED IN THAT TOO RESEARCH ABOUT THE COMPETITION: DON'T COMPETE WITH KYLIE COSMETICS STEP 2: GET TRAFFIC WITH CONTENT/ADS FOR CREATION OF CONTENT, DO THE FOLLOWING: Start an Start a Build a Amazing Blog YouTube Social Media Channel Account OR RUN PPC ADVERTISEMENTS FOR FAST RESULTS () STEP 3: INTRODUCE YOUR PRODUCTS AND MAKE MONEY Quick Tip: Build strong relationships with your audience to sell them over and over. Is Affiliate Marketing Going To Stay In The Coming Future? PHP iOs LET'S LOOK AT SOME STATS TO ANSWER THE QUESTION U.S. Affiliate Marketing Spend is Going to Reach to $8.2 billion by 2022. 81% of Marketers and 84% Leverage the Power of Affiliate Marketing. 38% of Marketers Call Affiliate Marketing as One of the Top Customer Acquasition Methods. In Less than a Year, Search Interest for 'Affiliate Marketing' grew by 44%. How much can you Earn? That's really on you. There's no limit. However, stats show that 35% affiliates earn over $20,000 a year and 12% earn over $75,000 a year. IS IT HARD TO GET SOME GOOD RESULTS? As such it's not that hard to achieve some good results but that depends on the industry you're in. Try to choose a relatively small niche to succeed. Sb Brought DIGITAL To You By Shivansh Bhanwariya Digital References: https://www.statista.com/statistics/693438/affiliate-marketing-spending/ https://shivanshbhanwariyadigital.com/affiliate-marketing-guide https://hostingtribunal.com/blog/affiliate-marketing-stats/ https://99firms.com/blog/affiliate-marketing-statistics/ https://en.wikipedia.org/wiki/Affiliate_marketing