In last post we had discussed about what Affiliate Marketing is. I am sharing last definition again about it.
In simplest words, Affiliate marketing means referring services or products of companies to expected customers and generate sales and get commission in return of this process. This commission may varies from little amount to thousands rupees. There is big scope of Affiliate marketing in this era. It is a process.
Now the point come in mind, What are benefits of this Affiliate marketing partnership? There are many benefits of Affiliate marketing whether you are in role of an affiliate or a merchant. Internet has become collaborative space in Affiliate marketing . Following are some prime benefits of Affiliate marketing :
- It is based on Partnership and Collaboration: In Affiliate marketing, symbiosis relationship of affiliate and merchant is integral part of this process. Earning from affiliate marketing can fulfill the initial requirements of a site owner (affiliate) like annual domain charges, web hosting charges. If website has huge traffic then income from affiliate marketing may be more than of it. An affiliate get incentives in return of delivered visitors to merchant’s site. Not for all, only for those visitors, who buy products or services for merchant’s website. Both affiliate and merchant get benefits from this partnership; As an affiliate gets benefits from shopping by their traffic and merchant gets new customer through affiliate.
- Affiliate Marketing is based on Performance: This is a performance based job. An affiliate is paid commission (benefit) on sale of product/service by visitors of his/her website to merchant’s website. It is totally based on performance. If performance of your site is not up to mark to drive traffic to merchant’s site, you can’t get benefits.
- Relevant content of affiliate’s site is beneficial: affiliate marketing is very beneficial, if affiliate’s website has relevant content as per merchant’s products. affiliate marketing give you double benefits with your relevant content. We consider this point with an example. If your content is related with food recipes. You will get relevant ads related food recipes from your merchant’s website. This make your site visitor more comfortable. Once they learn about any recipe; they can buy recipe products easily from merchant’s website. This give double facilities to your visitors. It will increase credibility of your website. Your website may be recommended by visitors to other at high level. Thus affiliate marketing can be remunerative for you.
- To Become an affiliate is free of cost: It is cost effective job. Become an affiliate is absolutely free. You need not to pay even a single penny to merchant to get affiliate marketing account. There may be specific conditions regarding daily traffic, page views by merchant. But you have not to pay money to get affiliate account.
- Tireless Marketing Efforts: It increases your marketing efforts in order to get more income. You start broad marketing endeavors to get big booty. affiliate marketing named opportunity give an affiliate to expand into broad marketing base. Good news is many affiliate has huge visitor base. Most of times more efforts can make your life better with better income through affiliate marketing.
- Be your own Boss: As an affiliate, you are your own boss. You can get advantages by setting up your own traffic goals and returns goals.
- Connecting with broad market of world: One word ‘Internet’ is symbol of whole world together. when marketing is done on internet means you are connected with all countries of world and all online markets of world. So if your website will attract traffic from all over world. Your affiliate marketing income will be increased.
- Very low Risk: As an affiliate you will have zero risk or very low risk of any loss.
- Burden free work: Unlike other business, you are burden free in this work. As you will earning by sale on merchant’s site by your website visitor. You don’t need to keep stock record, stock register, processing orders etc. as you will be only source to give expected customers to merchant. You will get commission just for sale through delivering traffic to merchant’s website. An affiliate need not to listen complaints and other issue after sale, usually all complaints are solved by merchant.