Affiliate Marketing Explained

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If you’ve recently heard stories about people making money online from affiliate marketing, then you just might be updated on recent happenings when it comes to making money online. Quickly, we’ll break down the affiliate marketing term and also show you how to do your due diligence, so you don’t end up signing up for a fake affiliate marketing structure, start making money through affiliate marketing.

However, we won’t be mentioning any affiliate marketing programs to avoid the assumption that this was a paid post. The only one we’d encourage you to join is Online News Naija ONN Affiliate marketing program. Once you sign up with a one-time fee of N1,499, all you have to do is to have people sign up via your unique referral code and you can easily start making as much as N1,000 or more every day on this site.

That said, what is Affiliate Marketing?

Once a website or brand promises to rewards you (as an affiliate) for each visitor or customer brought by your efforts via referral, marketing or any other means, then that’s Affiliate Marketing. For instance, when you send ONN’s link to your WhatsApp contact and people click on the link and sign up, you’ll get rewarded by us, as our affiliate marketer.

a marketing arrangement by which an online retailer pays commission to an external website for traffic or sales generated from its referrals.

Read Also: 5 Money Habits You Need In 2020

Why Join An Affiliate Program?

The reason is simple – You’ll make money. Well, asides that, you would be helping others who have an affinity for the website or product get to know about it. Also, affiliate programs can help boost brands’ website traffic. This is one of the reasons a lot of blogs and websites, like Online New Naija, have the affiliate payment structure in place.

 

Web 2.0

Affiliate marketing is the way most websites and services-based brands are going in this new era of blogging, web management, and forum development. Web 2.0 concepts like interactive online communities and blogging have really impacted the affiliate marketing space, especially in 2019.

A good example is YouTube, which allows video-makers to embed advertisements through Google’s affiliate network.

 

How To Know The Right Affiliate Program

One quick way to know which affiliate programs to join is the popularity of that program. The more popular the program is, the easier it is to know what works and what needs to be worked on, in the affiliate program.

There are very many examples of popular affiliate programs you’ll find on the back of proper research. ONN’s program isn’t yet popular but it soon will be.

Another way to know is to list out your questions and reach out to their customer care reps. The speed at which they respond and their manner of approach would tell you if you’re about to commit to a money-making program or one that’ll lead you on the path of frustration.

Seeking genuine proof from affiliates already signed up for the program, and are also kind enough to engage you in a conversation, is another way to know which of the affiliate marketing programs are Affiliates actually making money online or offline from.

 

In our next business post, we’ll share some tested and working ways to market your affiliate products, as an affiliate marketer and make money online or offline, as the case may be. Are you also an affiliate marketer? What has been your experience so far? Share in the comments.

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