Marketing and earning a passive income doesn’t have to be complicated. Let us explain how to get into affiliate marketing for beginners!
What is Affiliate Marketing?
According to Neil Patel, “affiliate marketing can be seen as the process of spreading product creation and product marketing across different parties, where each party receives a share of the revenue according to their contribution.”
A marketer in this situation could be an individual person or a giant company. Equally, the product creator or vendor could be an independent creator or a huge conglomerate.
A common example of this form of marketing is in blogging. Bloggers will write a review of a product on their blog. They could either have a deal with the vendor, or have generated an affiliate link themselves, directing people to the product. Writing an article making this product seem attractive will bring in new customers for the vendor.
The product is made more attractive to these customers as they will be offered a discount if they purchase via the blog article. Should this occur, the blogger (marketer, in this scenario) will also get a percentage of the sale. This is how the passive income is generated for the marketer.
Affiliate links can also be created for the marketer and shared by them, following an agreement with the vendor. Subscription-based products lend themselves nicely to being marketed this way. The marketer could be using the product, within YouTube video for instance, and then include their affiliate link in the video description. This means for any subscriptions generated by this link, a share of revenue will go to the marketer.
Not all affiliates make it known to consumers that they are part of an affiliate programme. There are no real rules around this, it all comes down to the marketer’s discretion.
Marketing with Synchedin
Jumping onto the Synchedin program is a fantastic way to start affiliate marketing for beginners.
All you need to do is provide your Synchedin affiliate link to your fellow content creators!
By passing your unique affiliate code over to friends and colleagues, you will receive 10% of what would be their full subscription.
For example if you refer 10 people over to Synchedin, you would earn $49.99 a year.
The people who use your affiliate link will also receive a 10% discount on their subscriptions making it $4.49 per month or $44.99 per year (Usually $4.99 per month/$49.99 per year)
You can find your affiliate link by logging into your Synchedin account, heading to Account in the top right, and clicking Affiliate Programme.
We have provided a free downloadable promotion pack to make it easier for you to spread the word.
So what are you waiting for? Get creative!