I get asked a lot of questions on ‘Affiliate Marketing’, so I thought I’d write this piece for those who want to know more about it. I started putting together this blog as we got near to New Year 2015, and given the spectacular festive atmosphere, my inbox was buzzing with queries asking ‘How to earn big through Affiliate Marketing’ and ‘Which are the most successful Affiliate Programs for 2015?’ Most of these questions came from Nigerian entrepreneurs looking at ways to monetize their sites for 2015.
Without a doubt, entrepreneurship in Nigeria is booming due to greater accessibility to online business options that help maximize profit potential, and affiliate marketing has contributed greatly to this. So, through this article, I have tried to answer every possible query under the sun related to ‘Affiliate Marketing’.
Affiliate Marketing – Meaning
Affiliate marketing happens when web advertisers meet webmasters. It is a specific marketing program where web advertisers contact webmasters to place their ads either on their personal cyber platform or sites that belong to others. To put it simply, it is a process where an affiliate marketer is a helper, promoting goods and services manufactured by corporations. In return, he receives handsome referral fees or commission for the clicks made by the visitors on affiliated links. To become a successful affiliate marketer in Nigeria, all you need is a well-built network, maximum connections and a strong understanding of your consumer market. It doesn’t matter if you’re a small home business, or a large corporate company, the process is the same.
Why It Is ‘Currently Famous?
Affiliate Marketing is emerging as the most hassle-free and lucrative way for websites and blog owners to earn big profits. There are no setup fees, and you don’t have to invest any capital in manufacturing or acquiring any of the goods and services, you perform your job without much stress, you are basically a silent middle man or facilitator. You are just concerned with rightful promotion of the products and services of other corporations on digital media platform. And you do not have to leave the comfort of your home to successfully perform your job. If you are a blogger, or website owner, It is the most convenient and moneymaking option available.
Key Points to Start an Effective Affiliate Marketing Strategy
To get things moving, a rational approach is needed. Here are some key points that will get you off to a brilliant start.
- Create a blog and maintain it
- Target products that are relevant to your customer’s life
- Connect with the right companies
- Study the rule book
- Implement your affiliate marketing strategy according to SEO best practice
10 Best Affiliate Programs For 2015
Rakuten: Rakuten formerly known as LinkShare grabs the first spot on our countdown list and it comes as no surprise for those who are professional affiliate marketers. LinkShare is a famed affiliate program, which has continued its victorious streak since its launch and is still running strong because of its strength, support and remarkable competitiveness.
Commission Junction: Due to its robust platform, easy functioning and the grandest network, it has earned the name of best communicative medium of web advertisers and affiliates. It offers scalable affiliate and tracking services and specializes in regular pay-for-performance programs, which in turn drives more sales and accelerates web traffic. Abbreviated as CJ, the company provides ‘Pay-Per-Call’ program for affiliates to make sure that they get paid for their services in time and can expand the reach of their promotional campaigns, both online and offline.
Amazon Associates: Amazon is a global e-store famous for selling almost every product to customers worldwide. Because it deals with people from a wide spectrum, it is often touted as the most diverse affiliate program in operation. It is also a ‘Pay-Per-Call’ affiliate program, which ensures bigger and better commission to affiliate marketers, and strengthens business operations for Nigerian bloggers and web owners. The more leads marketers bring, the more they get paid! It’s a win-win scenario.
Direct Net Partners: Reckoned as the best-payers in the world of affiliate marketing, Direct Net Partners offer best interactive platform for affiliates – merchants conversation, maximum conversions, never-seen-before online presence, in-time and flexible payments and greater customer retention.
ShareASale: Chicago-based ShareASale is an affiliate program for everyone because it offers satisfying customer experience, builds up good reputation, eases the commission payment and follows ethical work procedures.
PeerFly.com: PeerFly is respected as an industry leader in the industry of affiliate marketing due to its high-functional mechanism, agile staff and powerful platform. It is a global program open for publishers from every country on the map and offers plenty of merchant programs. The factors which make it highly successful are guaranteed payments, assured rewards, quick conversions, maximum traffic, free training and no monthly fees.
Google Adsense: Google is synonymous with quality. Google Adsense is ‘Pay-Per-Action’ affiliate program promising massive commission to affiliate marketers for the leads they generate. For using its services, you need to create a Google AdSense Account for posting advertisements to affiliate’s portal or blog.
AffiliateBOT: It is a one-of-a-kind affiliate program, which consists of a forum and community where the interested parties can interact.
ClickBank: It is a famous affiliate program offering 75% commissions on all products available on this platform. It basically features digital products such as software and e-books. Give a shot to ClickBank and rake in large sums of money. Commissions are disbursed on weekly basis and a facility of direct pay is also available for the affiliates.
MaxBounty: MaxBounty was launched to offer good payments to affiliates worldwide and still, it is working strongly towards fulfillment of its goal. It makes payments weekly and very popular among top-notch merchants and webmasters.
Are there any products that I’ve suggested that you have tried? Let us know by commenting below, all comments are welcome!
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