Affiliate Marketing promises to reward you as an online content creator by promoting a product or service. And depending on the affiliate program you decide to join, you can earn income from products sold, commission from services promoted, or in short, profits based on the agreement the company decides to give you.
It is practically impossible to monetize a blog if you do not have a Content Marketing strategy behind it. On this occasion, we will talk about Amazon Affiliates , since it is one of the best known and most profitable in the world for SEO specialists , and even for niche research specialists.
Stay with us to learn more about how this program can monetize your website.
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What is Affiliate Marketing and how big is this segment?
Affiliate Marketing is an online strategy where people are encouraged to promote a product or service.
It is defined as a marketing agreement whereby an online retailer or eCommerce pays commissions to an external website for the traffic or sales generated by its referrals.
This can be done through websites, social media, email lists or other means. All referrals are also tracked using cookie technology, so that affiliate commissions and payments can be automated.
The power of affiliate channels is real, as anyone selling online can understand the need for qualified visitors to optimize sales opportunities.
We can summarize it in four simple steps:
You join an affiliate program.
You choose one or more products to promote (you will get a unique affiliate link).
You share the link through social media, blogs, YouTube videos, or any other content platform that allows you to embed links.
When someone makes a purchase, you earn an affiliate commission (the percentage austria business email list will depend on various factors).
On the other hand, the current figures that are handled regarding the success of this type of Marketing are:
81% of brands and 84% of publishers leverage the power of Affiliate Marketing in the United States, according to eMarketer statistics .
There is a 10.1% increase in Affiliate Marketing spending in the US each year, meaning that by 2020 that amount will reach $6.8 billion, according to Mediakix .
In 2018, Content Marketing costs reached 62% of traditional marketing schemes, while generating three times the reach compared to traditional methods.
Thus, 16% of all orders placed online are on the market under the impact of Affiliate Marketing .
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How does the Amazon Affiliates program work?
Joining the Amazon Affiliate program is free and open to anyone. It has been in operation since 1996 and is one of the pioneers on the Internet.
Once you open an account, you will be able to create links directly on Amazon that contain your special referral code, also known as an affiliate link.
