Affiliate marketing is skyrocketing in this era of social media where reaching out to people to promote a particular product or service is easier. If you have a strong online presence and make content based on your niche, then do you know you can turn your influence into an income source? Yes, that is what affiliate marketing rewards you with. You can become an affiliate and promote popular and trendy products of a brand to earn rewards in the form of commissions and much more. Wondering how? Then let’s break it down.
Who is an Affiliate?
An affiliate is someone who endorses a brand’s products and services and earns a commission for doing so. Now the question is can anyone become an affiliate? The simple answer is yes, of course they can. But if you already have an existing community that watches your content online, then it is slightly more beneficial for you.
In affiliate marketing, the secret wand that helps you turn traffic into sales is through strategic planning and knowing what to offer. So, if you already have an audience aligned with the product you are promoting, half the job is already done. Now let’s look at the main question – how to become an affiliate? Well, if you are curious about affiliate marketing and want to try your hand at it, you should join an affiliate program and open your arms to welcome wealth.
How to start Affiliate Marketing?
Here are some key steps that you might require in order to begin your journey in affiliate marketing if you are a beginner.
1. Choose A Niche
Without knowing your core strengths and interests, it can be difficult for you to understand a product and advertise it. First, you need to find a niche that motivates you as only then can you use your knowledge to endorse it to others fully. You can choose from a pool of categories like skincare, food, fashion and lifestyle, travel, health and wellness, etc.
2. Join An Affiliate Program
Once you have selected a niche, now surf the internet and find a relevant affiliate program that you can join. For example, if you have chosen skincare, then you will promote skincare products that are currently trending in the market. So for this, it is important that you find a popular skincare brand that offers an affiliate program.
3. Get the Affiliate Link
As you join a program with your personal details, you will be given an affiliate link that you can use for promotions. This affiliate link is what will help you tap your potential customers and help you make profits.
4. Promote Products Using The Link
When you share this affiliate link on different social media platforms, you open the portal to welcoming abundance. Thinking how? Well it’s simple, you can connect with a multitude of people and cater to their diverse needs all in one place. Just one trending video, post or reel and boom, now you have a long list of people waiting in your DMs or comment section asking for product links. So, when the outcome is huge, why wouldn’t you use it to your best?
5. Earn Commissions
When a person uses the link to sign up on a website and make a purchase, you will receive a commission. Yes, that’s all it takes to become an affiliate. But it is advisable that you don’t get overwhelmed with the whole process. With some consistency, planning and little experience, you will crack the code of affiliate marketing.
Rewards offered in Affiliate Programs
Affiliates receive exciting rewards based on the programs they choose. Some common rewards that you can receive as an affiliate are:
- Commissions – The fruit of promoting products is that you earn impressive commissions on each sale you make. Commission rates usually depend on the brand or the type of product you are promoting and so it can vary accordingly. But you can easily bag a commission of 5-10% and make good profits.
- Performance Bonus – Some brands offer extra incentives when you reach a level beyond the target. You can even get tiered commission, which means the more you sell, the higher your commission.
- Free Products/Services – As a sweet reward, some brands can gift you free products, services or even vouchers on top of commission for promoting their products and driving traffic to their website.
- Exclusive Perks – Some brands even offer affiliates early access to their newly launched products before they hit the market. Others can also offer gift cards or store credit instead of regular cash payouts.
Top 3 Affiliate Programs To Join
From the plethora of affiliate programs available, we have listed just a few that you can choose from.
1. Amazon Affiliate Program
Amazon Affiliate Program is the largest retail house in the world as of now. If you are looking for a program that lets you promote diverse products under one roof, consider joining this program.
- Commission Rate – Up to 10%
- Campaign Type – Cost Per Sale(CPS)
- Cookie Duration – 30 Days
2. Nykaa Affiliate Program
Nykaa is every skincare enthusiast’s favorite shopping destination, where they can get all the products to achieve glass skin. So if this is your niche, there is no program better than this.
- Commission Rate – 9%
- Campaign Type – Cost Per Sale(CPS)
- Cookie Duration – 30 Days
3. Nike Affiliate Program
We surely can’t leave behind one of the best athleisure brands in the world. Nike has a strong reputation and a legacy of high quality products. Their affiliate program is worth joining if you are interested in promoting footwear and athleisure products.
- Commission Rate – 10%
- Campaign Type – Cost Per Sale
- Cookie Duration – 30 Days
Conclusion
If you have a strong online presence or great marketing skills, then affiliate marketing is your stepping stone to success. You open the door to financial freedom when you become an affiliate. In the current time frame, when social media is a part of our lives, affiliate marketing is the perfect way to turn viewers into customers and make substantial profits. Scrolling through the reels or videos, you never know you’ve just made a customer. So, what’s stopping you? Rush to join an affiliate program and become an affiliate to earn exclusive rewards.
