Do you want to make money with affiliate marketing? Affiliate Marketing is one of the most common methods to make easy and legit money online. It has also become a primary earning source for many online bloggers, entrepreneurs, and web admins.
Affiliate marketing is an ideal way to make more money and start a home-based business, it doesn’t require much money to get started, and you don’t have to produce, stock, or ship product inventory or deliver a service. Instead, you’re essentially paid to refer new clients and customers to other online businesses.
What is Affiliate Marketing?
According to Wikipedia, Affiliate marketing is a type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought by the affiliate’s marketing efforts. Affiliate marketing can be an excellent sales channel for online businesses.
Hence, Affiliate marketing can best be defined as earning a commission by promoting other people’s (or company’s) products. You find a product you like, promote it to others and earn a piece of the profit for each sale that you make (Neil Patel).
Also Read: 10 Easy And Legit Ways To Make Money Online.
How Does Affiliate Marketing Work?
When you join an Affiliate program and choose the products that you want to sell, sellers provide you with a unique affiliate code that you can use to refer traffic to the target site. In addition, most affiliate programs will offer ready made text links, banners, and other creative copies. You only have to copy and place the code on your website or share it with others to start referring traffic.
The affiliate will try to market to the consumer on whatever channel they see fit, whether that’s a social network, digital billboards, or a search engine using content marketing on a blog. When interested visitors click on these links, they get redirected to the product site, and if they purchase a product or subscribe to a service, you, as the referrer, make a commission.
Top Affiliate Marketing Programs For Nigerians
The first step to starting a successful affiliate marketing business is to look for rewarding affiliate programs in which you can participate. Every affiliate program has its advantages and disadvantages. It’s left for you to know which one to go for, and the good news is that you can join more than one affiliate marketing program at a time.
With Jumia Affiliate Program, you can earn up to 11% commission on every sale. Jumia Affiliate Program is Nigeria’s most reputable affiliate program (someone even made millions). Through the Jumia affiliate program, you can turn your website or blog into a money-making machine. Drive traffic to Jumia online store by choosing from their thousands of products to advertise to customers and make money when visitors buy from them.
Suppose you have a website, blog, social page, or an audience you think you can monetize with, and you are looking for the right way to do this. In that case, the Konga Affiliate program is an excellent way to start earning some easy income. Konga Affiliate Programs is one of Nigeria’s top affiliate programs that allows you to make money online by selling products to consumers for great commissions. The program will enable you to earn easy cash by selling products online.
Amazon Affiliate Program is the most popular right now. This is the best place to start if you have just begun as an affiliate marketer. The best thing about Amazon’s Affiliate Program is you can promote what interests you the most. It has a user-friendly interface with millions of sellers, providing flexibility in selecting the product of your choice.
Also Read: Top 10 Lucrative Business Ideas in Nigeria.
AliExpress offers an excellent platform for affiliate marketing. Through this program, you can get banners and links to promote products and sellers on AliExpress. Once a link or banner is placed on your platform (website, blog, social media page, etc.), you can start earning already. If visitors click through your link to AliExpress and make a purchase, you will receive a commission for this.
Whether you’re an existing affiliate marketer, a social influencer, a Youtuber, a business leader, or a blogger with a growing audience, apply to become a Shopify Affiliate and earn commissions by referring new Shopify merchants.
Affiliate marketing isn’t hard, but it does require knowledge, planning, and consistent effort to make any significant income. Your overall chances of making money with an affiliate program are probably no better and no worse than any other type of internet-based business. Your success depends on how well you execute your affiliate business plan.