See how to make money from doing affiliate marketing the right way

See how to make money from doing affiliate marketing the right way

What is affiliate marketing? 

The word affiliate in business means subsidiary companies that are part of a large parent company. Affiliate is becoming more common in the recent world, especially in e-commerce where people collect commissions for marketing for other companies.

Affiliate marketing: this is a process whereby a company pays a commission to an affiliate (a marketing company or an individual marketer) to promote their products through websites, blogs, social media, or emails to facilitate. Affiliate marketing brings out the power of networking, using customers and ambassadors for outreach to other prospective customers.

How to start affiliate marketing 

  • Create a Niche: for effective marketing, it's best to go with products that you are passionate about, taking skin care, for example, we have a cleanser, anti-aging, and skin treatment creams for acne and other skin diseases. Selecting a niche encourages professionalism and you can make money from a small group of people rather than following trends.
  • Join an Affiliate Program: the next step will be to join an affiliate market platform. Some of the common ones are Expertnaire, Afrisale, etc. It usually requires little capital to join this platform some platforms offer their service for free like the Amazon associate where registration and trying out affiliate marketing is completely free.
  • Build a Website: building a website or blog ensures that you can reach out to individuals in desperate need of that product. After you have registered you search for products that interest you and create a link through which people can directly make purchases of the product. Mind you not everyone can build a website or afford to pay for one, so if you can't build a website you can make use of social media platforms like Facebook, Instagram, and Twitter (X app) to market or collectively with a website.
  • Write Very Impressive Content: placing your link carelessly online will not earn your target, you have to be strategic, writing excellent mind mind-blowing content about the product you want to market will keep the existing customers loyal and increase your search on the Internet. Make sure you put an affiliate disclosure that you earn a commission whenever a purchase is made through your link.
  • Generate  Traffic to your Website: effective SEO is important, to ensure people get to see your link you can run ads on social media platforms, engage in discussions that relate to your business and the product you are trying to promote, and you can also do email campaigns, whichever strategy that will boost your sales.
  • Cloak Your Link: it is important to cloak your link to ensure that some dubious individuals online do not hijack your claim, this is achievable by using a simple redirect link that takes the customer directly to the purchase interface.

How to start affiliate marketing with no money 

Some people might ask if it is possible to start affiliate marketing with no money. The answer is absolutely yes. If you're starting with zero capital you still need to follow the steps mentioned above either way but you will make social media your source of traffic rather than building a website. To start with zero capital follow these steps;

  • Select your marketing channels: these could be Instagram, Twitter, YouTube, Facebook, etc.
  • Choose a niche: be professional nobody will buy skincare products from a vet shop
  • Join a free-access affiliate program like ShareAsale, Amazon Associate, etc.
  • Writing attractive and engaging content: use the right keywords and ensure you’re sending a clear message.
  • Continue with the audience engagement

Common Affiliate Marketing Websites in Nigeria

  • Expertnaire
  • Amazon Associate 
  • Africa’s
  • Fiverr
  • Truehost
  • Ali Express
  • Hawkit
  • ShareASale

How to make money with affiliate marketing

There are several ways to make money in affiliate marketing, some of these methods include the following;

  • Pay per sale: this is the most common payment method where affiliate marketers get a commission based on the amount of product they are able to sell.
  • Pay per click: in this method, the user gets paid based on the amount of traffic they were able to drive to the host website. The more clicks, the more they get paid
  • Pay per lead: this method pays users based on the number of people they were able to refer to the platform to get themselves registered for trial sessions or newsletters. 

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