Do you want to know that ”how to make money online with affiliate marketing? ” or only want to be informative?
If yes? then this article for you.
What is Affiliate Marketing?
In short, Any product is selling by any marketer on some commission getting by the product owner, then this type of marketing says affiliate marketing.
Friends!! To simply understanding this topic, we have to look at some basic factors of online marketing fundamentals.
Basic Factors of Affiliate Marketing
There are some basic factors of affiliate marketing in the following step:
let’s talk about descriptive in these given factors:
Product is that selling or using by us. and the most important factor of marketing. This factor very affects any type of marketing, because all types of marketing depend on the product for marketing increasing level to make the potential audience.
There are two types of products, that we sell in any type of marketing field.
- Digital Product
- Physical Product
Any type of product, which is used only digitally by any mobile, TV, or Laptop types devices, and not use physically or we can’t touch, is digital products.
For example webinars, digital courses, movies, Softwares, hosting, and e-books are digital products.
Any type of product, which is used by us in our home and we can touch or can take as food, is a physical product.
For example, toothpaste, laptop, books, mobiles, and medicines are physical products.
A producer is the first owner of the products, who builds the products and provides them to the seller. The producer makes an affiliate program and offers his seller and Consumer to promote them and get a profitable commission.
A Seller is that person, who buys the product from the producer and sells it to the consumer as being an Affiliate. Today, the seller is known as this ‘Distributor’ word.
and the biggest point is
A Youtuber or Blogger Maybe an affiliate Marketer!!!
let’s see, did you watch anywhere in google or youtube to any blogger or YouTuber to review any product?
If yes? then that YouTuber and blogger is doing affiliate marketing because note the next time while looking at them again, that is they provide a link to buy the product in their content. That is an affiliate link.
Such that, on other social media like Instagram, the Facebook influencer may be an affiliate marketer who provides affiliate links.
By the way, Specially in many affiliate program in this affiliate marketing field, we needn’t this seller person.
For the answer let’s come to the next topic.
Basically, a consumer is that person, who uses the product. But in this affiliate marketing field, consumers may be seller/promoter/affiliate to get the commission fixed by the producer.
Hence, In many affiliate programs needn’t any seller, because the consumer may be an affiliate/seller too.