How to Start Affiliate Marketing Business in India (2022)
How to Start Affiliate Marketing Business in India (2022)
To survive in this competitive world, we are quite sure that you might be looking to make some extra money? You can assuredly earn passive income if you get to know about this superlative way which is Affiliate Marketing. In this guide, we have compiled all the pragmatic information which will cater to all your needs. Affiliate marketing is a technique of advertising in which a company deals with the third-party to increase the potential customers which in turn boost up the organization’s sale. The affiliates and the commission fee motivate them to find different ways to promote the products. Affiliate marketing job has become one of the leading businesses as it is a great platform for earning money. In this, people earn commission by promoting other person’s products to their friends or relatives.
What is Affiliate Marketing?
Affiliate marketing is an easy way of earning money by selling products or services to other people. It is a performance-based technique of marketing. Affiliate marketing is dependent on four main pillars that are the network, merchant, publisher who is also known as the affiliates or affiliate marketers, and the customer. It is a very easy way of earning money as you just need to search a product, promote it to others and earn a piece of the profit by selling it. Affiliate Marketing is one of the purest online businesses where most people are engaged in making some extra income. It can be done either via social networking, blogging, email and SMS marketing, etc. As of now, blogging is one of the most effective ways. The affiliate marketing companies also make sure that the affiliates also earn well from the companies. All this makes the concept of affiliate marketing more popular among the marketers and facilitate the affiliate marketing companies to gain popularity. It is rapidly gaining recognition in India. One cannot deny the fact that India is one of the biggest hubs in the world with extraordinary potential, good payout, and along with the digital advertisement.
Significant Terms Linked with Affiliate Marketing
Before we proceed further with this topic, let’s get to know and pay heed on certain terms related to Affiliate Marketing which has plentiful significance.
A top level domain “.com” is a requisite. You can have it on any recognized niche based on your target audience, interest, and budget At least 300 to 400 visitors to your blog or website are imperative to maintain the decent volume structure An apt affiliate program integrated to your website or blog Affiliate Marketing Merchant vs Affiliate Marketer
Affiliate Marketing Merchant vs Affiliate Marketer
We can understand that you might be having lots of questions in your mind such as how to start an affiliate marketing program? or how can we get paid through affiliate marketing business? But before we enlighten you about such questions, lets first get to know the difference between an affiliate marketing merchant and an affiliate marketer.
Affiliate Marketing Merchant
An affiliate marketing merchant is the seller or the creator of the product. If you have any type of product or service to sell to a mass audience, you would want it to be promoted or advertised to grab better sales opportunities for your product or service. In this scenario, you are an affiliate marketing merchant.
Affiliate Marketer
An affiliate marketer is the one who uses different platforms to promote their merchant’s products and is responsible for the sales of those products. As per the above scenario, the affiliate marketing merchant wants their product or service to be promoted, which will bring him to entail an affiliate marketer who will advertise/promote the product on the merchant’s behalf.
Why should you hire an Affiliate Marketer for your Company?
An e-commerce merchant hires an affiliate marketer to cover a comprehensive range of sites for Internet users and customers. An affiliate could be the owner of many websites or email marketing lists. The products available on the e-commerce platform are communicated and promoted by an affiliate marketer. Promotion is done through banners, text, or links on its multiple owned websites or via email to clients. To draw the audience’s attention towards service or product, advertisements are used in the form of articles, videos, and images. Affiliates take visitors to the e-commerce sites by just a single click on the link. If people purchase the product or service, the affiliates get the fixed percentage of the sale price or amount of commission fixed by the e-commerce merchant. The primary role of an affiliate marketer is to boost up the sales. Payment is made based on the number of clicks. With the evolution of technology, it is becoming easier for fraudsters to generate a large number of clicks and impressions. In order to drive business effectively, firms use innovative ways to protect themselves from fraudulent attempts. One of the ways is Affiliate Marketing.
How to Start an Affiliate Marketing Business in India?
STEP 1: Select the type of product you want to promote
The reason you need to choose one specific topic is that it will make it easier to write for a specific audience and a product. Also, the major benefit of choosing a specific product is that you should also be confident and aware that what are the products that you can easily promote. Doing this is really simple you can just visit any only store and select the topic that you are familiar with. When you opt for any topic it would also make it easier for you to attract customers for a particular type of product. You should always try and opt for the product in which you get higher commissions
STEP 2: Website Creation
After selecting the topic, it’s time to make a website. Even though there are other ways to promote your affiliate link, the most effective and future-proof ways are with the help of own website. It is substantial for you to know how to make a website as it guides you well in channelizing your Affiliate marketing program. It is one of the best methods of promoting your products and increasing traffic. Your website should not only focus on audiences but also inform them about your products in the best possible manner. Try and establish a good and trustworthy relationship with the audience as then they would only buy the product that you would recommend them.
STEP 3: Sign-up for an Affiliate Program
Once created the website, sign up for the affiliate program. Select affiliate program; go for the one which has higher commissions for the product category chosen. While doing registration for affiliation program enter your website address and a few other details. Even if not added any content to the site yet, tell them the plan to promote products and get it approved.
STEP 4: Choose the product to promote
If you have already decided on the product you are going to promote, then go ahead and search the product name in the search box provided. If the product is not decided yet, then you can also check which products are selling well and are in demand. To promote a product that is already selling well is easy to get buyers as compared to promoting an unknown product.
STEP 5: Define the Product
The product should be described in a detailed manner. Based on the product you’ve chosen, decide on what should be written. There are many different types of content, the most popular types of content for affiliate marketing are: Mention “How to”: These are the best as they add a lot of value for the readers. They also generate sales very easily. For example, “How to get rid of hair fall” article with links to products which are proved to be good and attract sales. Review of articles: Write about products tried personally and help people decide whether to buy the product or not. Comparison of articles: Comparing two or more similar products gives a better solution to a problem. For example, a comparison of Samsung S6 vs iPhone6. Content summary: This is where you collect & make a useful list product that is helpful to others. Offers or Discounts mentioned in the article- Here you share the best deals and coupons codes of products related to the topic. So, these are the type of content that can be posted to promote affiliate links. Always make sure that visitors benefit from your site.
Affiliate Marketing Business in India: Advantages
An affiliate marketing program is one of the best advertising tools available, as it provides benefits to both the affiliate and the merchant. As more and more webmasters have started realizing that it is the most effective ways to handle online advertising. It is extremely flexible and provides a huge benefit that is not provided by any other program. We can conclude this as because Affiliate Marketing includes the following befits-
Affiliate Marketing Business in India: Disadvantages
Affiliate marketing is a dream business of many people in today’s world, however, there are some disadvantages of affiliate marketing. As every business has some merits and demerits. In the same way, this business strategy also has some loopholes. Listed below are some of the disadvantages of affiliate marketing:
How to Make Money Through Affiliate Marketing?
The amount of money earned may vary as it depends upon other crucial aspects. If these aspects are taken care of, you can definitely earn a handsome income through this program. The income will be directly related to the type of offers promoted, the number of leads converted to sales to that site, and the learning of other online marketing skills like email marketing and SEO. If you want to make money through affiliate marketing, you need to create an account with any below websites- First, you need to take approval to post their products link on your website or blog. Once you have got the approval, you just need to write engaging blog posts or pages that make it more interesting. This will arouse the curiosity of the visitors and boost the chances of your earnings. 2. Flipkart Flipkart is considered to be the most reputed and reliable e-commerce website in India. Once you have registered the account and got the approval, find the relevant products to get the ad code. Copy and paste the same ad code to your blog or website to earn passive income. 3. Share a Sale 4. Commission Junction This website has a huge network with numerous corporates, organizations, and online merchants. This website mainly deals in refurbished and used products. The same process needs to be followed for registration. However, the only drawback is that this website follows a protracted approval process. As you need to get approval with every merchant distinctively. But, once you get, start promoting the products and earn-well. Also Read: How to Make Money Blogging (10 Legit Ways) Note: You can create a free account with any other website as well but these are one of the most reliable and recommended websites. You need to follow a quick procedure once you have created the account which is described below-