POWER OF AFFILIATE MARKETING





By Tanvi Dodia



What is affiliate marketing?

Affiliate marketing is defined as a marketing arrangement by which an online retailer pays a commission to an external website for traffic or sales generated from its referrals. Affiliate marketing is a practice where brands and companies collaborate with other companies and influencers to promote their products or services in return for a certain percentage of commission. Two main parties are involved in this process, namely an affiliate- the person who promotes the products and the company- whose product is being promoted. Affiliate marketing primarily is a performance-based marketing strategy. It is based on revenue sharing meaning there is an agreement between the affiliate and the company which states the percentage is granted to the affiliate on every sale as a commission by the company. Example: Amazon. Anybody can affiliate their products at amazon website, and with every sale, amazon takes a percentage of the revenue from the seller.





Power of affiliate marketing


• One of the most prominent peculiarities about affiliate marketing is that it entails very low to almost negligible cost/capital. Which leads to minimalistic risks possibilities. Also, an affiliate gets paid only when the sale is made, which eradicates the issues and risks involved with payment.

• For an affiliate, they need not worry about producing the goods and services for which they have to promote the products to their existing audience. Whereas for the company, the process of marketing their products get eliminated, they gain customers through the promotional activities of affiliates. The company targets the existing audience of affiliates who have the same niche, so the company does not require to build an audience of its own. It is a profitable situation for both parties.







●Affiliate marketing creates a source of passive income for both the affiliate as well as the company. Depending upon how the company strategizes its affiliate plans this, passive income can turn into active income and quite possibly a significant source of income. For an affiliate, it depends upon the way he markets the affiliate program, the more engagement you create, the more you earn. You can make a good share of income through this process.


●Affiliate marketing works by converting the audience and users of others into customers. The more a company channelize the more affiliates the reach and more customers they gain. Which, in turn, leads to more traffic on the company’s website, which increases direct and organic sales. This is an ongoing process and incurs high share income. Even for an affiliate, the more promotional programmes he does, the more customer he provides the company, the higher the commission he earns.


Affiliating strategies indeed stand as a potent and exceptional tool for marketing.



BUILDZEE AFFILIATE MARKETING PROGRAMME





Here at BUILDZEE we prominently practice affiliate marketing and have our affiliates programme. We are currently working with various social media influencers, bloggers, YouTubers and many more. We will be delighted and open to working with anybody who shares the same interests as us.

To collaborate with us an email at: Sales@buildzee.com

To know more about us visit: https://buildzee.com/