What is
Affiliate Marketing?
1. Affiliate Marketing is simply
anything you do that has to do
with linking up a buyer and a
seller...
2. It's a model where you help a
company or individuals advertise
their products and you get paid
for doing so...
3. Affiliate Marketing is selling
other people's product online
and earning a commission
whenever a sale is made. .
Everyone has done or is doing affiliate marketing
How many times have you help connect
your sister to the lady that did your hair?
Or connect your aunt to the place you
bought your beautiful hair and
handbags?
How many times have you helped your
friend get a buyer for his car? How many
times have you recommended your car
engineer to your family members?
How Affiliate Marketing really works!
Everyone has done or is
doing affiliate marketing
So I went to the market to get a particular kind of strapped heel
shoe at Sir Jordan plaza and I was just going from one shop to
another like someone that don't know where she was going.
People stopped calling me to buy from them because I was
considered a wanderer in the market.
A young man finally approached me and spoke my language, he
asked “what kind of strapped heel shoe are you looking for”.
Wow! this guy has been watching me walk around and he was just
studying my behavior just like Facebook algorithm. He knew I was
looking for a strapped heel, I felt relieved and related my problems
to him which was difficulty in getting a particular colour of the
strapped heel shoe I was looking for. I went ahead to explain to him
that I was scared of relating to anyone initially because they may
give me fake or hike the price.
Under a minute, he took me to a shop that had exactly what I
was looking for, I bought it immediately and thanked him for
helping me to finally achieve what I wanted...
Now this guy is not the onwer of the shop he took me to neither
is he the onwer of the shoe I bought. He is simply an Affiliate
Marketer who connect a buyer (me in this case) to the seller and
the moment I bought, he got a commission from the shop owner
because he is the one that made the salesl happen... Who knows,
the shop owner may not have even sold anything before this guy
brought me.
So at the end, I am happy that my problem of finding the exact
shoe I came for is solved, the shop/product owner is happy that
he made a sale, the guy that connected me to the seller is happy
cos he received a commission for doing so....
So technically EVERYBODY IS HAPPY in this business model.
No risk!
No loss of anything!
Just happiness and gain on all side.
Affiliate Marketing is just that business model that teaches you
all about sales & marketing and shows you how to leverage on
other people's products.
This business model only need your willingness to learn, and
implement what you learn, it doesn't require you to have a shop
or order products, or deliver products, or do any customer
services. Everything has been taken care of for you.
Affiliate marketing on the online space can be done both for
digital products, and physical products. Platforms like Jumia
sells physical products like electronics, Tv, Bags, Gadgets etc.
Then some others sell only Digital products, the option will
always be yours to decide the type of product to affiliate with.
Comments
Post a Comment