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It’s a way for a company to sell its products or services by establishing a program for individuals or companies (called “affiliates”) to sign up and be paid a commission fee for generating leads or closing sales for that company.
It provides affiliates a dashboard to manage advertising campaigns they run, track commissions they earn and creatives they can use to advertise the company’s products or services.Throughout your journey as an affiliate marketer, you’ll need to write lots of text creatives, decide on what photo or video creatives to choose for an ad.All these ad materials will have to be compelling enough for people to click on and purchase a product you’re offering.The first one is obvious – sign up for multiple affiliate networks and see what offers they have.Next up is searching on Twitter for to compare to answer this question – CPM (Cost Per Thousand), CPC (Cost Per Click) and CPA (Cost Per Action).To start using affiliate marketing as either your additional or primary channel to generate an income, you need to come up with a strategy first.
Find a product(s) that resonate with your personally, something that you would either buy for yourself or just in general you feel positive about.
On Linked In you can find both affiliate networks company employees to ask questions and groups dedicated to affiliate industry.
But again – don’t expect an affiliate network employees to share with you any cons of the company they work for, approach these people to figure out in general – do they provide offers for a particular vertical or not.
Otherwise it’ll be really hard in a long run to promote something that you don’t care about.
In terms of financial investments, the most affordable way to start will be to join an existing affiliate network.
The important decision for you to make, once you’ve picked up a network, will be what business model to choose. Last but not least, once you’ve started working with an affiliate network, make sure you keep your taps on the stats you’ll be accumulating on your ad campaigns performance to optimize it over time and grow your affiliate marketing business.