Affiliate Marketing

WHAT IS AFFILIATE MARKETING?

In the ever-changing B2B marketing landscape, new popular expressions and trends are
continually emerging. So as to remain ahead of the curve, it’s basic to ensure you take these
trends in stride and leverage them for your business where appropriate.


As strategic partnerships

become increasingly essential to any successful SaaS business, affiliate marketing is the best in the class strategy; you’ll need to focus on it. Affiliate marketing
Malaysia is a significant sub-tier of strategic partnerships and is a great initial step for any
organization looking to kickstart their partner program.

Like other types of strategic partnerships, affiliate marketing is a relationship between two parties, designed to provide common benefit. However, not to be confused with partner marketing, co-selling, or re-selling, affiliate marketing is a low-commitment relationship that requires little coordinated effort in contrast with its counterparts.

In this relationship, the affiliate is compensated by the beneficiary organization on a performance-based structure through both monetary and non-monetary incentives. Through the affiliate, the organization picks up leads, referrals, customers, etc., and in return, the affiliate is rewarded.

Unlike in a co-marketing relationship, the affiliate will promote the organization through its own means, with an insignificant relationship with the organization. Ordinarily, the affiliate is responsible for determining the channels and strategies for advancement.

The affiliate could be a unique person or another organization that wishes to associate with the beneficiary.

Consider B2B affiliate marketing as likened to B2C influencer marketing. On account of B2C eCommerce, the influencer is provided with a unique following URL that they can use to drive their followers to the beneficiary’s website.

How that guest is driven to the website is up to the influencer and can differ altogether depending on the person. On the off chance that that following URL happens to drive a guest that eventually converts into a customer, the influencer is consequently credited with the agreed-upon incentive, with no need for interaction between influencer and beneficiary.

In the context of B2B affiliate marketing, the process is more or less the same. For example, an affiliate of New Breed would be provided with a unique following URL to be used to drive users to the New Breed site.

On the off chance that a contact is created with that URL as the first source traffic, and
eventually, that contact converts into a customer, the affiliate would be credited through an agreed-upon incentive.

Some examples of normal incentives are revenue share percentages, fixed sums, or lead shares.

However, the nature of the incentive will fluctuate based on the relationship between the affiliate and the beneficiary.

Instructions to Tell if Affiliate Marketing is Right for Your Business

Different types of partnerships will be more effective for different types of companies, objectives, and customer bases. Partner types come in five different tiers and require shifting levels of effort from each team: Affiliate partnerships, co-marketing partnerships, referral partnerships, co-sell partnerships, and resell partnerships.

In case you’re a smaller organization, or you’re new to strategic partnerships, test the waters with affiliate marketing and little monetary rewards or non-monetary incentives like lead sharing. Without the pressure of revenue attribution, these models require lower involvement from your team and give you the chance to decide whether or not the partnership is working for you, before diving in.

Strategic partnerships are essential to maintaining a successful SaaS business. For more tips on the best way to kickstart your SaaS marketing strategy, check out The Definitive Guide to SaaS Marketing.

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Affiliate Marketing

How Do Bloggers Earn Thousands of Dollars Per Month Through Affiliate Marketing?

There are some people that would have to work 8-10 hours a day, 5 times a week to earn thousands of dollars for their monthly income. That is a lot of work! But, there are some ventures that will allow you to earn the same amount of money (or even more) and you’re just going to be in the comfort of your own home.

One such venture is affiliate marketing and it is definitely something that you should consider if you are a blogger, influencer, or a content creator in general.

What is Affiliate Marketing?

To put it simply, affiliate marketing is where you help companies sell their products through the content that you create. Let’s take bloggers as an example. They create blog posts that either talks about a specific product that their partner merchants sell or something that is completely different but still somewhat related to the type of product they are selling.

One of the best ways for bloggers to do this would be to create product reviews where they will presell the product by putting in some of its highlights and then tell them why this product could benefit them.

Now, you are probably asking how bloggers can earn thousands of dollars. Depending on your level of experience and the number of partner companies you have, you can potentially earn thousands of dollars per month. That’s right, PER month.

Of course, that level of success will require you to do a lot of things first, but I am just telling you that it is indeed possible for you to achieve such.

Anyway, you will be given a percent commission out of every sale, since most companies nowadays are using the pay-per-sale or cost-per-action model.

Basically, you will be given a special URL known as an affiliate link and whenever your readers click on it, it will direct them to the product page of your partner company.

Should they decide to buy whatever is on there, you will receive a commission based on the price of the sale that is computed from the percentage commission you are promised before you start your relationship with a certain company.

So for instance, if you are promised a 20% commission and the price of the product that was sold is $100, you will get a flat $20 for that.

The beauty of affiliate marketing is that you can get as many affiliate programs and partner merchants as you can, thus allowing you to earn thousands of dollars every month.

Why It’s Great

Aside from the fact that there is a huge earning potential in this venture, affiliate marketing also helps you do what you love the most. I love writing and affiliate marketing has helped me earn a lot of money doing what I love and I do not regret it at all.

As I’ve said in the beginner, whether you are a blogger, a Youtube sensation, or a content creator, you should definitely check out affiliate marketing for yourself.

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Affiliate Marketing

4 Flexible Online Home-Based Business Ideas

1. Online Freelance Writing

Writing is low-cost, easy and fast. If you have a way with words, this is one of the best home-based businesses for you. This covers other areas such as authorship, blogging, content marketing and article writing. Enjoy writing, and then sell your work through your blog. You can also create ebooks.

2. Transcription Business

Can you write quickly and accurately? Try exploring the transcription virtual support business. Just like any other home-based business, this one appreciated well by people because of its flexibility and convenience. It doesn’t matter what time you work on it, as long as you can deliver the transcript on time.


3. Blogging Business

Are you looking for awesome affiliate marketing programs in Malaysia? Well, the success of your affiliate marketing business would depend on how successful your blog is. The blogging business depends highly on the quality and consistency of your content, the traffic it gets, the marketing strategy you are implementing, and blog maintenance.

4. eBay Business

eBay never gets old. Until now, more and more products are being sold on this amazing platform. eBay is all about targeting the right audience. Give them what they want. You can start your eBay strategy by looking around your home, and looking for personal items you no longer need.

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