INTRODUCTION
Do you want to make money with affiliate marketing? But you don't know where to start from or you are just curious about the word affiliate marketing itself. Affiliate marketing is one of the biggest and most common methods to make easy and legit money online. It has also become one of the major sources of earnings for many online bloggers, entrepreneurs, and webmasters.Affiliate marketing is an ideal way to make more money and start a home-based business, it doesn’t require much money to get started, and you don’t have to produce, stock or ship product inventory, or deliver a service. You’re essentially paid for referring new clients and customers to other businesses online.
📌Table of Contents
• What is affiliate marketing?
• Who is an affiliate partner?
• How does Affiliate Marketing work?
• Benefits of affiliate marketing
• Top Affiliate Marketing programs for Nigerians
• Things you need to get started in Affiliate marketing
• Conclusion.What is Affiliate Marketing?
According to Wikipedia, Affiliate marketing is a type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought by the affiliate’s marketing efforts. Affiliate marketing can be an amazing sales channel for online businesses.Hence, Affiliate marketing can best be defined as the process of earning a commission by promoting other people’s (or company’s) products. You find a product you like, promote it to others and earn a piece of the profit for each sale that you make.
Who is an affiliate Marketer?
An affiliate marketer, which is you, is rewarded commission for providing a specific result to a merchant or advertiser, be it sales, leads, downloads, etc.How does Affiliate Marketing work?
When you join an Affiliate program and choose the products that you want to sell, sellers provide you with a unique affiliate code that you can use to refer traffic to the target site. Most affiliate programs will offer ready made text links, banners and other forms of creative copies whereby you only have to copy the code and place it on your website or share it with others to start referring traffic.The affiliate marketer will try to market to the consumer on whatever channel they see fit, whether that’s a social network like Facebook, Whatsapp and other platforms, digital billboards or through a search engine using content marketing on a blog. When interested visitors click on these links they get redirected to the product site and if they purchase a product or subscribe to a service you as the referrer make a commission.
Benefits of Affiliate marketing
These are the benefits you will get if start an affiliate marketing business;1. Low-cost start-up: It doesn't require a large sum of capital to start an affiliate marketing business. As an individual trying to survive in Nigeria. This is the best option for you. If you have a Smartphone that can access the internet, You are good to go. Once a company or program is comfortable with having people market their products or services you are fine.
2. Low ongoing cost: with the help of social media platforms like Facebook, WhatsApp, Twitter, and other platforms you don't need to spend much money on the product you are promoting especially when you have lots of followers on these platforms.
3. Low Risk: You don't need lots of capital to start this business and think you might end up going bankrupt. All you need to invest in the business is you, yes yourself and The zeal to work and learn more strategic ways on how to sell and more so, If you think you need more leads or prospects, this is will be the time you might invest money on ads.
4. High ROI: This is the best part of this business. If the program or company product you are promoting offers a 50% commission, and You promote a product worth N50k ($70) and after selling, You get a commission of N25k ($35), Simple.
Top affiliate marketing for Nigerians
The first step to starting a successful affiliate marketing business is to look for rewarding affiliate programs that you can participate in. Every affiliate program has its advantages and disadvantages its left for you to know which one to go for and the good news is that you can join more than one affiliate marketing program at a time.1. Amazon Affiliate Program: Amazon Affiliate Program is the most popular right now. If you have just begun as an affiliate marketer, this is the best place to start with. The best thing about Amazon’s Affiliate Program is you get an option to promote what interests you the most. It has a user-friendly interface that has millions of sellers providing you flexibility in terms of selecting the product of your choice.
2. Jumia Affiliate Program: With Jumia Affiliate Program, you can earn up to 11% commission on every sale. Jumia Affiliate Program is the most reputable affiliate program in Nigeria (someone even made millions). Through the Jumia affiliate program, you can turn your website or blog into a money-making machine. Simply drive traffic to Jumia online store by choosing from their thousands of products to advertise to customers and make money when your visitors buy from them.
3. Konga affiliate program: If you have a website, blog, social page or an audience you think you can monetize with and you looking for the right way to do this, the Konga Affiliate program is a good way to start earning some easy income. Konga Affiliate Programs is one of Nigeria’s topmost affiliate program that allows you to make money online by selling products to consumers for great commissions. The program allows you to earn easy money by just selling products online.
4. Expertnaire: Expertnaire is the first affiliate marketing platform from Nigeria. It is one of the highest valued programs here in Nigeria. They have over 100 digital products and they have paid people millions of naira because they are affiliates that are hitting 7 figures every month. Before you can sign up for this program, you need an amount of 10k naira to sign up.
5. Stakecut: Stakecut is one of the best affiliate programs that doesn't require any payment before signing up on their platform. It is free to claim an account with over 37 digital products to promote.
6. Other Affiliate programs are Affirimart, learnofix, click funnels, Shopify, and much more.
Things you need to get started in Affiliate marketing
1. A smartphone or Laptop: You don’t need an expensive gadget to get started. If you have a smartphone that access the Internet and if you are lucky to have laptop, it's also fine.2. Internet connection: you need a data connection to stay online.
3. A social media account: you don't need to create a new social media account again, you canbuse the one you have already especially if you are using WhatsApp.
4. The zeal to learn and work hard: consistency is key to creating to great things. You need to be ready to persuade person you don't know before.
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