One would ask how does affliate marketing / networking work in Ghana? How do I make money online with Affiliate Marketing? In a simple man's term I will say "affliate marketing is an Internet-based system where you (as an affiliate) get paid for referring sales or customers to another business".
It’s a bit like how a real estate agent doesn’t own the houses they sell; instead they promote houses on behalf of their clients, and earn a cut of the sale price of any properties sold. So instead of you owning products, you promote other people's products online and when someone makes a purchase you receive a commission for showing the person the product easily.
In affliate marketing we have the merchant, the affliate and the buyer. From what i said above, the merchant is the person or company that creates and owns the product. Now it’s up to the merchant to work their magic and get that person to buy. If the person does decide to purchase, then the affiliate that sent them to the site earns a commission, which is a percentage of the product’s sale price. Easy, right?
There are a lot of ways to place these commission-earning links on your website, so you don't even have to know how to make banners. One of the most popular ways to add links is to simply include them in your rich content. What is the rich content here? The rich content here stands for blog articles and if you do not know about blogs or blog articles i will suggest a previous article we have on how to create a blog without coding using wordpress.
Read also: How to make money online by blogging
Why should i be an affiliate?
- Start up costs are super low. To start a regular business where you rent retail space and stock inventory could easily set you back tens of thousands of dollars. As an affiliate, you can get started for the cost of a burger and fries.
- You don’t need staff. No more office politics, and no messy payroll handling. When you get started as an affiliate you can do it all yourself, and when the time comes to grow your business it’s easy to outsource.
- You don’t even need a product you simply have to promote products which are already for sale. Whether it’s an eBook about dog training your or a weight loss supplement – there is a product out there that you can sell as an affiliate.
- You don’t need any expert knowledge on a subject to sell affiliate products either. If you want to be an affiliate for weight loss products, then you don’t need a PhD in nutrition or exercise. All you need is an eager-to-learn mindset and the ability to market the right affiliate products to the right people.
- Earn passive income. It’s a bit like the money you earn if you buy a house and then rent it out – for as long as you own that house and are renting it out, you earn money. In a normal job you only get paid once for the work that you do, but as an affiliate you can keep making money from the same work day in, day out.
- The opportunity to work your own hours. I’m not saying that you’ll be sitting on a beach drinking Pina Coladas and only working an hour a day after your first month as an affiliate. However, you do have the power to work when it suits you and have a more flexible life. You become your own boss – how cool is that?
How much money can i make with affliate marketing online?
Like any real business it all depends on how much effort you put in and how seriously you take it. For example if you only work an hour a day, or you spend most of your time checking emails as opposed to doing the work, then you might not make much money at all.
But if you are really dedicated and treat your affiliate marketing like a real business, and you put 100% in every time you sit down in from of your computer, then you can make a full time income.
How does affliate marketing work?
Affliate marketing involve the following simple steps;
- Join an affliate program by signing up. Read an article on Top high paying affiliate programs for bloggers & marketers
- Find a product or more
- Promote the product. Read an article on How to promote affiliate products or links by clicking here
- Track the sales you have made in affiliate marketing
- Earn your commissions
Affliate marketing is good for workers looking for extra source of income. For jobseekers looking for jobs, this is something you can start up for yourself without any capital and earn some income while searching for a job.
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