Affiliate Marketing Newbie to Pro: Simple Steps to becoming a Pro Affiliate Marketer.
By PANKAJ KUMAR
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About this ebook
Unlock the secrets of affiliate marketing success with 'Affiliate Marketing: From Newbie to Pro.' This comprehensive guide equips you with essential strategies, from niche selection to advanced tactics, ensuring you can build a profitable affiliate business. Whether you're a beginner or seasoned marketer, dive into actionable insights and start earning passive income online today!
PANKAJ KUMAR
Dr. Pankaj Kumar is an Assistant Professor in the Mechanical Engineering Department at the University of New Mexico, USA. He obtained his doctoral degree in Metallurgical Engineering from the University of Utah, USA. He has published over 30 articles in peer-reviewed journals and served as the journal reviewer for more than 25 journals. He has also served as the guest journal editor, session chair in conferences, book chapter reviewer, grant reviewer, and M.S. and Ph.D. theses committee member. Dr. Kumar’s research is in the broader areas of advanced manufacturing and materials design for novel structural and functional applications. His research includes material concepts with specific emphasis on advanced manufacturing, materials processing, and physical and mechanical metallurgy. He teaches mechanical engineering design and advanced manufacturing courses to undergraduate and graduate students at the University of New Mexico.
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Affiliate Marketing Newbie to Pro - PANKAJ KUMAR
Affiliate Marketing Introduction
What is affiliate marketing ?
In the broad sense of the term, it’s earning commission for recommending a product or service. Now this can be for anything imaginable these days and when I say that I’m not exaggerating!
Almost every product or service online has an affiliate program attached to it. From holiday companies, to baby clothes to small business internet marketing products selling software.
Yes, affiliate marketing is a huge business and fortunately for you, one of the easiest to get into.
The idea behind affiliate marketing is that you promote products, through an affiliate network, earning a commission if your audience buys thanks to your marketing efforts via your affiliate link.
The end result is you earn a commission based on a percentage set by the vendor. This percentage solely depends on the amount set by the vendor and can range from 1% to 100%
The ultimate goal is to make money while you sleep and buy time. A phrase once coined by Pat Flynn of Smart Passive Income, is the ‘Work hard now and reap the rewards for years to come’.
What does this mean?
Most marketers either started or have a fork of their business in affiliate marketing. It’s simple to setup and can earn a great income.
So, when you hear ‘work hard now’ this simply means build your affiliate income stream now and the benefits will reward you for years to come as long as you drive traffic or ad revenue (which we will get to).
So, what is an affiliate?
An affiliate is sometimes also known as the publisher. Affiliates can range from single individuals (more focus on this in this book) to entire companies. Some of these
companies you may have heard of such as Go Compare, Compare the Market, Biz Rate etc. These are all comparison sites which turn over millions in revenue per month/year for advertising services created by other companies.
These monster size businesses use one location to promote what is essentially a service provided by another business for a commission. E.g. Let’s say you want insurance and search for a comparison site to get a great deal on your next insurance. When you find the deal, you like you are then passed to the insurance company who gave you the best deal.
The recommendation is now complete. You receive the best deal, the insurance company receives your money, the comparison site receives a commission for bringing you the buyer into the insurance company. Simple...
As an individual or small business, the focus on affiliate marketing is practically the same, simply on a smaller scale