Wednesday, March 6, 2019

5 Proven Affiliate Marketing Strategies to Generate More Revenue

5 Proven Affiliate Marketing Strategies to Generate More Revenue

Affiliate Marketing is one of the most used income sources when it comes to online earning. In this article, I am going to show you 5 proven Affiliate Marketing Strategies to Generate More Revenue. Right after the Network Marketing, Affiliate Marketing plays the most important role in making money.

Affiliate Marketing Strategies

Even Google Trends data shows that the number of searches for Affiliate Marketing has increased a lot in recent years.
These searches come from both brands and affiliate sites, below are some interesting stats:

Affiliate Marketing Strategies

  • Over 80% of brands use Affiliate Marketing to trap the customer to buy something.
  • Its annual growth rate is about 10%.
  • 79% of the content publishers use Affiliate Marketing to generate income in a passive way.

What is Affiliate Marketing?

Affiliate Marketing is the process of making some money while promoting a product from a brand. For example, if there is a product from a brand like Samsung, in order to increase their sales they will promote it via some publisher. The publisher may be a content maker or content provider or anyone. While promoting he would be taking some commission from the product. The commission may vary from product to product. If the price of a product is 30 USD and the commission is 10% then the publisher will get 3 USD. This is called Affiliate Marketing.

Strategies to Grow Your Brand

Many people use strategies to grow their brand value and increase their sales. Not all people use the same strategies. So, here are the 5 Strategies to increase revenue.

1. Choose Right Affiliate Products

Right Affiliate Products will increase sales. While choosing the right Affiliate Product, we need to do some research on what product a customer is so dependent. We need to also find out the commission percentage on the Affiliate Product. If the customer is searching for a product and it has more than 10% of commission then you are ready to go.

2. Attract with Discounts, Coupons, Promo Codes

You need to check whether the product has discounts or not. Affiliate Products with Discounts will trick the customer's mind to buy it. If it has a discount customer will think in a more narrow way which will make him buy the Affiliate Product. Therefore you get more sales as well as commissions.

3. Take Advantage of Niche Influencers

Taking advantage of Niche Influencers will directly increase the sales of the brand. Niche Influencing is nothing but, if you have a micro niche website or if you know someone running a good micro niche website, then you need to ask them to promote your brand. This will certainly increase the sale for the Affiliate Product you have selected. This can boost a lot of sales for the product because it targets people who search for a particular product.

4. Build a Strong Affiliate Network

Building a strong Affiliate Network will make your product a brand in the minds of people. The next time they search for a product and they see your product, then there will be a good chance of buying your product. You need to maintain trust between the customer, in order to increase the sales. Amazon Associates is one of the big Affiliate Network to make income as a small publisher.

5. Take Advantage of Multiple Sources

Taking advantage of multiple sources to increase sales will make more income. Here Multiple Sources in the sense, usage of other websites, apps, podcasts to promote the product. Best thing is to publish the product on your site and optimize the content. Provide the best user experience. Perform On Page SEO to drive organic traffic from Google. Make sure that your site loads fast.

Final words

If you have found this article useful, feel free to comment down which Affiliate Marketing Strategies helped you a lot. Sharing this article on social media will help me a lot. Thanks!

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