Affiliate Marketing? Yes, today we will address this important point on the web that is constantly evolving, which also involves evolution in marketing.
First we must know what this type of affiliate marketing is that we can define it as follows:
It is the process of earning a commission by promoting the products of other companies. This style of marketing has been around since the 90’s. Its pioneer was Amazon by making available the power to disclose its available products to whoever wanted. Understand the best choices for learning about affiliate marketing as you visit SeanAbbottMarketing reviews.
How does affiliate marketing work?
You should keep in mind that affiliate marketing is a win-win because affiliates will consider making their blogs, social networks, or websites profitable by selling third-party products. In turn, the producers will gain diffusion of their product, being able to impact more clients, resulting in an increase in sales.
Types of affiliate marketing
Cost Per Clip (CPC)
In this type of marketing, the affiliate will be paid per click, that is, they will earn each time someone clicks on a banner, pop-up, or any advertisement that it exhibits. In this type of marketing the payment will depend on the performance of the advertiser’s campaign.
Cost Per Action (CPA)
In this case, the affiliate will be rewarded if users click on the advertisement and do some other action on the advertiser’s page, be it a registration, a purchase or requesting a quote. It will be necessary for the affiliate to show the benefits of the product and I managed to convince customers that it is a reliable sale, you will need to use your influence to accomplish this.
Cost per Thousand Impressions (CPM)
Affiliate marketing CPM will pay a fixed value to the affiliate when the banner ad reaches 1,000 views. If you are an affiliate who has several accesses, your remuneration will be constant.
Cost Per Sales (CPV)
This marketing will only be paid when the shared link generates sales; it is productive for small producers.
Where can you use this marketing
Today most of the people have a social network, be it Facebook, Instagram, Twitter, YouTube, Pinterest or another. These allow a greater reach in the clients. The results in this way are positive since many accounts have a greater number of followers than someone recognized.
You can have a good long-term relationship with your leads, due to the emails; It is a simple and effective move to use affiliate marketing since you will be able to know in depth what they know about the product you offer.
Blog or website
If you are a blogger and have considered affiliate marketing, you have certain advantages in this market. The blog allows you to write a full product review and create a design for it in addition to being able to argue in writing and visually for future clients, persuading them to your goal.
If you already have a domain or web site where you can advertise, you should look for products and promotions that go hand in hand with your page, social network, channel, etc. In this way, marketing can do its job and in this way a win win insurance for both parties.
Think about your circumstances and give affiliate marketing a shot if you haven’t tried it yet ; your passive income will increase little by little thanks to this method.