Maybe you have read or heard about Affiliate marketing or you have not.
This is an article to walk you through what affiliate marketing is, what you are yet to know about affiliate marketing and also to clear the misconception on affiliate marketing.
Perhaps, you need to off your data to avoid any form of distraction which may not let you read thoroughly and thereby missing alot of value I am about to share with you.
Infact if you're not interested in Affiliate Marketing business, you might implement the strategy in your business interms of distribution.
‘Leggo’
Definition
In the simplest term, affiliate marketing is the process of selling other people's (company's) product and receiving commission after a successful sales by the affiliate.
The product can be physical or digital.
Affiliating for physical product is riskier and stressful because you have to do with delivery of the product to the final consumer before you can say you've made a sale unlike affiliating for digital product which is done online and merely doesn't need physical contact of the seller and the buyer because the transaction goes online, most digital products involved are problem solving course, digital skills, ebooks and etcera.
I will only be discussing more on affiliating for digital products.
Having understood what affiliate marketing means, let's unravel the terms involved in affiliate marketing.
Or better still, let's call it the parties involved in affiliate marketing.
Those parties are:
Merchant
Affiliate
Network
Consumer
⚡Merchant is the product creator of the digital product.
⚡ Affiliate is the person that markets the merchant's product to the potential customers and collect commission after making a sale.
⚡Network or affiliate network is the platform that serves as an intermediary between the merchant and the affiliate. The affiliate network is geared with the responsibility of taking care of payment gateway, delivery (if physical product), and also serves as a store for the consumer who are willing to get the product.
⚡ Consumers are those that buy the product for consumption.
So, basically, if you would like to be an affiliate, it's those affiliate network you will register on, get your referral link that leads to the salespage of the product you want to promote, after making sales, it will be shown on your dashboard in the network affiliate website, you can then withdraw it anytime.
Understood?
Good.
You might be wondering, how do you get to know those affiliate networks?
The popular affiliate networks are:
Clickbank
Jvzoo
Amazon affiliate program
eBay partner program
Shareasale
Hotmart
Those are international, so, some of them can not be accessible by Nigerians and infact, those that are accessible by Nigerians are competitive because of the wide market.
The Nigerians affiliate networks are:
Expertnaire
Jvmarketplace
Though there are many of them but these are the trusted and tested ones I can recommend. Expertnaire is the best so far ,maybe that's why people call it Nigerians Clickbank.
On Expertnaire, you can register as a vendor. If you have digital product that solves problem, high in demand and you want to increase the sales, you can submit your request to let your product be listed on Expertnaire.
As you can see in the image above, about 60% of the requests are being rejected because expertnaire is very strict when it comes to acceptance of a merchant's product. The product must fulfill some certain conditions so as to protect those who will be getting the product and to be well sure that the affiliates to be promoting the products are promoting a verified and trusted products.
When it comes to registration on expertnaire as an affiliate, there is no special condition you must fulfill.
Because of that, many people end up doing the registration and making no sales at the end of the day as a result of their quest in earning up to 750 thousands naira monthly because they see someone else doing such amount.
That's a topic for another day.
How to get started as an affiliate on expertnaire.
Getting started as an affiliate on Expertnaire with 72IG program is 50k at the time this article was written and it comes with a yearly subscription of 10k.
In the early time of Covid'19 when Expertnaire detected that many people are coming on to register on the platform and making no sales in their first two months, then giving up mostly because they don't know how to go about the marketing, setting up of funnel, email marketing and the rest.
For that reason, Expertnaire started a program called 72IG which comes with alot of resources that makes it easier to hit the N750,000 per month.
The resources that come with 72IG program includes marketing swipes, video training on how to set up your WordPress website to run a campaign, running a successful Facebook ads, creating your own design by yourself using Canva, ThriveArchitect (a WordPress plugin), whatsApp sales secret(if you want to start without using paid traffic) and many others.
There is always a saying,
“follow who knows road”.
Getting started on any income generating platform always get easier when you see someone that tends to help you, most especially when the person has gone through the thick and thin through trial and error which makes the person knows what works and what doesn't.
This write-up is generally about affiliate marketing and I don't intend to discuss any of the affiliate network fully.
Maybe you want me to write more on any of the affiliate marketing platforms (affiliate networks).
Comment and indicate your interest.
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You may need to know this,
Gracias.
ONE MORE THING!
There is a 100k challenge going on.
Specifically for people who are just starting out or someone who is stuck on how to make money online using affiliate marketing as business model.
You’ll be getting a free access to my mentorship program for FREE and also learn how you can make money from affiliate marketing.
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The article was mad... thanks alot
The article was so explicit