HOW TO MAKE MONEY ONLINE IN 2022

What is affiliate marketing?

Affiliate marketing is where you promote another company’s product or service in return for a commission on the sales you generate. Commissions are typically a percentage of the sale price, but can occasionally be a fixed amount.

Why do affiliate marketing?

Here are two reasons why you should consider doing affiliate marketing:

1. Low-cost and low-risk

Starting a business means incurring upfront costs for products, employees, equipment, rent, and so on. This makes it risky and expensive. With affiliate marketing, all you need is a website. Even if it doesn’t work out, all you’ve wasted is time and a little bit of money.

2. Easy to scale

A typical salesperson only sells products from one company. As an affiliate marketer, you can promote products from many different companies and earn commissions from all of them.

How does affiliate marketing work?

The merchant gives each affiliate a unique link so they can track who was responsible for a sale. The link will usually look something like this:

When someone clicks that link, a small file called a cookie gets stored on their device.

An affiliate cookie does two things:

It helps the merchant attribute the sale back to the right person;

It (usually) holds an expiration date, so you get paid even if the buyer delays their purchase.

Here’s an example of how this works.

Imagine that a reader visits your post about the best winter jackets. They click on one of your affiliate links, leading them to a product on Amazon.

But they realized they have to pick up their daughter from school. So they leave their house, pick up their daughter, have dinner, and then finally go back to Amazon where they find the product again.

Since they’re already shopping on Amazon, they decide to purchase some ski gear too.

Here’s the good news. Earlier, they clicked on your affiliate link and a cookie was stored on their device. Because Amazon has a 24-hour cookie duration, you get compensated for both the winter jacket and ski gear—even though you didn’t promote the latter.

How much money can I make as an affiliate marketer?

The simple answer is that there is no limit. It depends on your niche and the amount of work you put in.

The most successful affiliate marketers make six or seven figures a month.

One of the best affiliate platform in the whole of Africa is EXPERTNAIRE. But its not wise to just dive into affiliate marketing without knowing anything about.

Check this out: on how to make money in 2022

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