What Is Affiliate Marketing And How Does It Work? | For Beginners

1. Understanding Affiliate Marketing and Business Model
2. Examples of Successful Affiliate Marketing in Action
3. Exploring Various Affiliate Programs Beyond Amazon
4. Leveraging Traffic Sources for Affiliate Marketing Success
5. FAQ

Understanding Affiliate Marketing and Business Model

So, first you've got to understand the business model to understand the two ways to make money. Now, let's start out for instance and saying that there's a customer wants to buy a watch online. So, the customer goes online and searches for watches and they find a great watch that they want to buy, okay? Now, the person who owns the watch is called the product owner, okay? Because they created the watch. Maybe they are Casio or Sony or whatever. And they have an affiliate program that let's say John. John Affiliate signed up with. So, in many affiliate programs, people split the profits 50/50. Okay? So 50% of the money goes here and 50% of the money goes to the affiliate who markets it.

Examples of Successful Affiliate Marketing in Action

Here I am on a website called recordingnow.com. This is actually the website of another famous Affiliate/YouTuber called ODI. So, if we look under here, under his gear reviews, we'll see he reviews different headphones, okay? A lot of people before they spending a lot of money on an expensive headphone set, they'll look at a review of the product. You know to make sure that other people are saying it's cool and you know it it's it's worthwhile. Now, as you'll see here, he has his affiliate links right here at the bottom...

Exploring Various Affiliate Programs Beyond Amazon

So, first off... I just gotta mention Amazon. Amazon is the biggest affiliate program out there. It'll pay 5% which is not a lot but it can add up. As you've seen, if you're selling high-priced goods. And their program is called Amazon Associates. Now, next is the second of program is Walmart. It's called affiliate link program and you can become in a Walmart affiliate by referring customers to Walmart.com. So, just as you saw...

Leveraging Traffic Sources for Affiliate Marketing Success

But you've got to put yourself in the salespersons mindset. If you're just looking for a quick buck then go home stop being late you dumb millennial, okay? If you're just looking for a quick way to make money without working, go home. Leave this channel, never come back. But if you're looking to work hard and actually do this and actually build a sustainable business, here's what you do. Now, this may seem patronizing for some. But this is these are the ways to get traffic online. And if you stuck around to see these traffic sources, it's easy...

FAQ

Q: What is the business model of affiliate marketing?
A: The business model of affiliate marketing involves a product owner who offers a commission to affiliates for promoting and selling their products. Affiliates earn a percentage of the profits from sales they generate.
Q: Can you provide an example of successful affiliate marketing in action?
A: Sure! An example of successful affiliate marketing is when a YouTuber promotes and reviews products with affiliate links included, earning a commission for each sale generated through those links.
Q: Are there affiliate programs other than Amazon?
A: Yes, there are various affiliate programs beyond Amazon, such as Walmart's affiliate program. These programs allow affiliates to earn commissions by referring customers to the respective platform's products.
Q: How can one leverage traffic sources for affiliate marketing success?
A: To leverage traffic sources for affiliate marketing success, one must adopt a salesperson's mindset and focus on building a sustainable business rather than seeking quick profits. By utilizing various online traffic sources effectively, affiliates can increase their chances of success.