As technology makes its way deep into our lives, a large number of people are becoming more aware of their financial independence. We’re not only finding ways to monetize our passions, but also generating them as a source of passive income. For women, who are usually working mothers, students or part-time bloggers, a great way to earn a handful is through affiliate marketing. Read on below to become a part of this too!
What is Affiliate Marketing?
Mostly used by bloggers, affiliate marketing is a strategy where you can collaborate with a business or an organization to bring traffic to their websites through your referrals. In return, they pay you a commission to get their marketing done.
In the case of bloggers, when they are marketing certain services, they are required to place links to the websites under their blog posts to redirect the readers to visit the site. Products and services belonging to fashion, makeup and skin care require female bloggers or models for affiliation that is the reason why women are most suited for this type of task.
How to get started?
Whether you are a blogger or an influencer, the key strength you have is – a powerful audience. A compelling factor why companies would want you to market for them is because you have a following and your referrals would matter the most to people.
To begin with, look for affiliate programs for different companies and sign up for their program. If you are famous enough, some brands might contact you themselves. Once you’re accepted, you can start promoting their services.
It is entirely up to you on how creative you can get! Think of banner ads, great content, social media updates and blog posts that are as catchy as to attract a wide number of people. Moreover, use SEO techniques with keywords so people find more of your posts in Google Searches. In this era of Instagram and Snapchat, you can also put up stories with captivating images and website links to redirect people to use the service.
How exactly do you make Money?
Each affiliate member or blogger is assigned a unique user ID and that appears when a user clicks on an ad/link or image that you were promoting. When the customer clicks on the links and chose to buy the product through your blog site, the company is alerted immediately. Hence, you receive a stipend/commission based on your efforts for driving traffic and increasing sales to the company.
For most brands, it is either a contract made from the beginning or the payment made after each sale transaction occurred.
Things to Strictly Avoid
When you are marketing a product to your audience for the sake of driving traffic, it is best to explain it to them, as you would do it to a friend. Yes, you might be selling something, but don’t try to act as a commercial person. Instead, convince them how the product would be beneficial in what ways. Lastly, always market products that you have used yourself so the audience would believe more in you.
In short, affiliate marketing can become a great gateway to earn money for women who are too busy to leave their home. Affiliate marketing can work as a passive way of making money instead of wasting your free time idly at home. Experienced affiliate marketers are already enjoying the boons of long-term affiliate marketing by putting in a good deal of effort in the beginning. Although you may find this type of marketing in the start, it really is about resilience, determination, and patience.