Affiliate Marketing | Affiliate Marketing For Beginners | What Is Affiliate Marketing? | Simplilearn

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Affiliate Marketing | Affiliate Marketing For Beginners | What Is Affiliate Marketing? | Simplilearn
What is affiliate marketing?
What is affiliate marketing?
What is affiliate marketing?
What is affiliate marketing?
What is affiliate marketing?
What is affiliate marketing?
What is affiliate marketing?
Hey man! What’s with all the
pacing? Everything alright?
What is affiliate marketing?
I’m just worried that I may have
exhausted every way we can
advertise our product! I have to
come up with something new
ASAP!
What is affiliate marketing?
Don’t worry! I think I’ve got a
solution for you!
What is affiliate marketing?
Affiliate Marketing!
First off, let’s talk about why
we need affiliate marketing
So, let’s dig into affiliate
marketing!
What is affiliate marketing?
Affiliate marketing is a form of digital marketing that involves a merchant paying
commissions to a website or other entities for advertising the merchant’s product with
referrals
What is affiliate marketing?
Affiliate marketing is a form of digital marketing that involves a merchant paying
commissions to a website or other entities for advertising the merchant’s product with
referrals
What is affiliate marketing?
Affiliate marketing is a form of digital marketing that involves a merchant paying
commissions to a website or other entities for advertising the merchant’s product with
referrals
What is affiliate marketing?
Affiliate marketing is a form of digital marketing that involves a merchant paying
commissions to a website or other entities for advertising the merchant’s product with
referrals
Let’s have a look at each of
these components of affiliate
marketing in detail
What is affiliate marketing?
Affiliate marketing is a form of digital marketing that involves a merchant paying
commissions to a website or other entities for advertising the merchant’s product with
referrals
First, we have the merchant
a.k.a. the brand, the seller, the
creator, etc.
What is affiliate marketing?
Affiliate marketing is a form of digital marketing that involves a merchant paying
commissions to a website or other entities for advertising the merchant’s product with
referrals
The merchant
What is affiliate marketing?
Affiliate marketing is a form of digital marketing that involves a merchant paying
commissions to a website or other entities for advertising the merchant’s product with
referrals
This is the component of affiliate marketing that
creates the product. The merchant could be
anyone; from startups to large
multi-national companies
What is affiliate marketing?
Affiliate marketing is a form of digital marketing that involves a merchant paying
commissions to a website or other entities for advertising the merchant’s product with
referrals
The affiliate a.k.a. the
publisher
What is affiliate marketing?
Affiliate marketing is a form of digital marketing that involves a merchant paying
commissions to a website or other entities for advertising the merchant’s product with
referrals
The affiliate
What is affiliate marketing?
Affiliate marketing is a form of digital marketing that involves a merchant paying
commissions to a website or other entities for advertising the merchant’s product with
referrals
The affiliate is a third party website or entity which
promotes the merchant’s products and tries to
convince potential customers of the merchant’s
products’ value
What is affiliate marketing?
Affiliate marketing is a form of digital marketing that involves a merchant paying
commissions to a website or other entities for advertising the merchant’s product with
referrals
The affiliate could be
incentivized based on:
• Registrations
• Email sign-ups
• Sales
• Subscriptions
What is affiliate marketing?
Affiliate marketing is a form of digital marketing that involves a merchant paying
commissions to a website or other entities for advertising the merchant’s product with
referrals
The relationship between the
affiliate and the merchant is
made possible with the help of
the affiliate network
What is affiliate marketing?
Affiliate marketing is a form of digital marketing that involves a merchant paying
commissions to a website or other entities for advertising the merchant’s product with
referrals
The affiliate network
What is affiliate marketing?
Affiliate marketing is a form of digital marketing that involves a merchant paying
commissions to a website or other entities for advertising the merchant’s product with
referrals
The affiliate network acts as a middle-man between the
merchants and affiliates. It allows merchants to find and
collaborate with affiliates that are best suited for their
brand and helps affiliates find brands they want to
advertise
What is affiliate marketing?
Affiliate marketing is a form of digital marketing that involves a merchant paying
commissions to a website or other entities for advertising the merchant’s product with
referrals
With the affiliate network, merchants can use tools for
tracking & reporting and processing payments for
affiliates
What is affiliate marketing?
Affiliate marketing is a form of digital marketing that involves a merchant paying
commissions to a website or other entities for advertising the merchant’s product with
referrals
And finally, the customer a.k.a.
the consumer
What is affiliate marketing?
Affiliate marketing is a form of digital marketing that involves a merchant paying
commissions to a website or other entities for advertising the merchant’s product with
referrals
The consumer
What is affiliate marketing?
Affiliate marketing is a form of digital marketing that involves a merchant paying
commissions to a website or other entities for advertising the merchant’s product with
referrals
The consumer is the final and most important
component of affiliate marketing. Without
customers to buy products, the merchant would
not have any revenue, and the affiliate would not
get any commission
So now, let’s have a look at
the process of affiliate
marketing
What is the process of affiliate marketing?
What is the process of affiliate marketing?
It’s affiliate marketing
time!
What is the process of affiliate marketing?
Use a tool/ platform like Commission
Junction to look for affiliates that can
advertise your product
What is the process of affiliate marketing?
Commission Junction
(known as CJ now) is an
example of an affiliate
network
What is the process of affiliate marketing?
Other similar tools/
resources include…
What is the process of affiliate marketing?
What is the process of affiliate marketing?
Set up rules, guidelines, image
specifications, commission values etc. for
the affiliates
What is the process of affiliate marketing?
The merchant provides
specifications such as:
The type of creative that can
be used
The text present in the
advertisement
Image specifications
Referral links
Commission percentage and
much more
What is the process of affiliate marketing?
You can specify what kind of
creative and text you would
like the affiliate to use
What is the process of affiliate marketing?
The commission that each affiliate would receive
is also mentioned. Let’s look at a scenario where
an affiliate receives 15% commission for each
product purchased through his referral code
What is the process of affiliate marketing?
The customer clicks on a referral link
from the affiliate’s website
The customer buys the
product for $27.97
The affiliate gets a
commission of $4.20
What is the process of affiliate marketing?
Affiliates apply to advertise on your behalf
What is the process of affiliate marketing?
Affiliates can contact you through the affiliate
network, or through a page you have set up
on your site, specifically for affiliates
What is the process of affiliate marketing?
What is the process of affiliate marketing?
Select the affiliate that’s best suited for
your brand
What is the process of affiliate marketing?
You can select an affiliate from the
ones that have applied for your
affiliate program. This can be
based on:
How much traffic the affiliate’s
website gets
How successful his/ her
previous affiliate campaigns
were
If he/ she’s okay with the
commission offered, etc.
What is the process of affiliate marketing?
Customer clicks on the ad or link, which
sends the user to the merchant website
What is the process of affiliate marketing?
The ‘SEE IT’ Call-To-Action will direct you to a page where you can buy the software
What is the process of affiliate marketing?
After the customer makes a purchase on
the merchant website, the affiliate network
records the details of this transaction
What is the process of affiliate marketing?
The transaction is validated and credited
to the affiliate
What is the process of affiliate marketing?
The affiliate is then paid his/ her
commission
What is the process of affiliate marketing?
Success!
What is the process of affiliate marketing?
And like this, the whole process
repeats itself
Some of the advantages of
being able to select an affiliate
that’s relevant to your brand
are:
What is the process of affiliate marketing?
You can choose an affiliate
best suited to represent
your brand and products
What is the process of affiliate marketing?
You can choose an affiliate
best suited to represent
your brand and products
You only need to pay a
commission if a conversion
takes place
What is the process of affiliate marketing?
You can choose an affiliate
best suited to represent
your brand and products
You only need to pay a
commission if a conversion
takes place
The affiliate’s audience are
more likely to be interested in
your product
What is the process of affiliate marketing?
You can choose an affiliate
best suited to represent
your brand and products
You only need to pay a
commission if a conversion
takes place
The affiliate’s audience are
more likely to be interested in
your product
The system works on a semi-
automatic basis
What are the tips for success in affiliate marketing?
Now that you know how
affiliate marketing works, here
are some tips on how you can
get better at affiliate marketing
What are the tips for success in affiliate marketing?
Provide competitive rates to
attract successful affiliates
What are the tips for success in affiliate marketing?
Provide competitive rates to
attract successful affiliates
Gamify your compensations
into tiers to reward best
performing affiliates
What are the tips for success in affiliate marketing?
Provide competitive rates to
attract successful affiliates
Gamify your compensations
into tiers to reward best
performing affiliates
Maintain a good relationship
with your affiliates with regular
communication
What are the tips for success in affiliate marketing?
Provide competitive rates to
attract successful affiliates
Gamify your compensations
into tiers to reward best
performing affiliates
Maintain a good relationship
with your affiliates with regular
communication
Set up ground rules regarding
the liberties affiliates can take
with your brand
What are the tips for success in affiliate marketing?
Be flexible with your budget,
provided it generates sales
and profits
What are the tips for success in affiliate marketing?
Be flexible with your budget,
provided it generates sales
and profits
Provide promotional ideas and
talking points to new affiliates
to nurture them
What are the tips for success in affiliate marketing?
Be flexible with your budget,
provided it generates sales
and profits
Provide promotional ideas and
talking points to new affiliates
to nurture them
Enhance your promotions
with product information that
affiliates can create a buzz
around
Thanks for the explanation
man! I’ll get right on it!
Thanks for the explanation
man! I’ll get right on it!
1 de 69

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Affiliate Marketing | Affiliate Marketing For Beginners | What Is Affiliate Marketing? | Simplilearn

  • 2. What is affiliate marketing?
  • 3. What is affiliate marketing?
  • 4. What is affiliate marketing?
  • 5. What is affiliate marketing?
  • 6. What is affiliate marketing?
  • 7. What is affiliate marketing?
  • 8. What is affiliate marketing? Hey man! What’s with all the pacing? Everything alright?
  • 9. What is affiliate marketing? I’m just worried that I may have exhausted every way we can advertise our product! I have to come up with something new ASAP!
  • 10. What is affiliate marketing? Don’t worry! I think I’ve got a solution for you!
  • 11. What is affiliate marketing? Affiliate Marketing!
  • 12. First off, let’s talk about why we need affiliate marketing
  • 13. So, let’s dig into affiliate marketing!
  • 14. What is affiliate marketing? Affiliate marketing is a form of digital marketing that involves a merchant paying commissions to a website or other entities for advertising the merchant’s product with referrals
  • 15. What is affiliate marketing? Affiliate marketing is a form of digital marketing that involves a merchant paying commissions to a website or other entities for advertising the merchant’s product with referrals
  • 16. What is affiliate marketing? Affiliate marketing is a form of digital marketing that involves a merchant paying commissions to a website or other entities for advertising the merchant’s product with referrals
  • 17. What is affiliate marketing? Affiliate marketing is a form of digital marketing that involves a merchant paying commissions to a website or other entities for advertising the merchant’s product with referrals Let’s have a look at each of these components of affiliate marketing in detail
  • 18. What is affiliate marketing? Affiliate marketing is a form of digital marketing that involves a merchant paying commissions to a website or other entities for advertising the merchant’s product with referrals First, we have the merchant a.k.a. the brand, the seller, the creator, etc.
  • 19. What is affiliate marketing? Affiliate marketing is a form of digital marketing that involves a merchant paying commissions to a website or other entities for advertising the merchant’s product with referrals The merchant
  • 20. What is affiliate marketing? Affiliate marketing is a form of digital marketing that involves a merchant paying commissions to a website or other entities for advertising the merchant’s product with referrals This is the component of affiliate marketing that creates the product. The merchant could be anyone; from startups to large multi-national companies
  • 21. What is affiliate marketing? Affiliate marketing is a form of digital marketing that involves a merchant paying commissions to a website or other entities for advertising the merchant’s product with referrals The affiliate a.k.a. the publisher
  • 22. What is affiliate marketing? Affiliate marketing is a form of digital marketing that involves a merchant paying commissions to a website or other entities for advertising the merchant’s product with referrals The affiliate
  • 23. What is affiliate marketing? Affiliate marketing is a form of digital marketing that involves a merchant paying commissions to a website or other entities for advertising the merchant’s product with referrals The affiliate is a third party website or entity which promotes the merchant’s products and tries to convince potential customers of the merchant’s products’ value
  • 24. What is affiliate marketing? Affiliate marketing is a form of digital marketing that involves a merchant paying commissions to a website or other entities for advertising the merchant’s product with referrals The affiliate could be incentivized based on: • Registrations • Email sign-ups • Sales • Subscriptions
  • 25. What is affiliate marketing? Affiliate marketing is a form of digital marketing that involves a merchant paying commissions to a website or other entities for advertising the merchant’s product with referrals The relationship between the affiliate and the merchant is made possible with the help of the affiliate network
  • 26. What is affiliate marketing? Affiliate marketing is a form of digital marketing that involves a merchant paying commissions to a website or other entities for advertising the merchant’s product with referrals The affiliate network
  • 27. What is affiliate marketing? Affiliate marketing is a form of digital marketing that involves a merchant paying commissions to a website or other entities for advertising the merchant’s product with referrals The affiliate network acts as a middle-man between the merchants and affiliates. It allows merchants to find and collaborate with affiliates that are best suited for their brand and helps affiliates find brands they want to advertise
  • 28. What is affiliate marketing? Affiliate marketing is a form of digital marketing that involves a merchant paying commissions to a website or other entities for advertising the merchant’s product with referrals With the affiliate network, merchants can use tools for tracking & reporting and processing payments for affiliates
  • 29. What is affiliate marketing? Affiliate marketing is a form of digital marketing that involves a merchant paying commissions to a website or other entities for advertising the merchant’s product with referrals And finally, the customer a.k.a. the consumer
  • 30. What is affiliate marketing? Affiliate marketing is a form of digital marketing that involves a merchant paying commissions to a website or other entities for advertising the merchant’s product with referrals The consumer
  • 31. What is affiliate marketing? Affiliate marketing is a form of digital marketing that involves a merchant paying commissions to a website or other entities for advertising the merchant’s product with referrals The consumer is the final and most important component of affiliate marketing. Without customers to buy products, the merchant would not have any revenue, and the affiliate would not get any commission
  • 32. So now, let’s have a look at the process of affiliate marketing What is the process of affiliate marketing?
  • 33. What is the process of affiliate marketing? It’s affiliate marketing time!
  • 34. What is the process of affiliate marketing? Use a tool/ platform like Commission Junction to look for affiliates that can advertise your product
  • 35. What is the process of affiliate marketing? Commission Junction (known as CJ now) is an example of an affiliate network
  • 36. What is the process of affiliate marketing? Other similar tools/ resources include…
  • 37. What is the process of affiliate marketing?
  • 38. What is the process of affiliate marketing? Set up rules, guidelines, image specifications, commission values etc. for the affiliates
  • 39. What is the process of affiliate marketing? The merchant provides specifications such as: The type of creative that can be used The text present in the advertisement Image specifications Referral links Commission percentage and much more
  • 40. What is the process of affiliate marketing? You can specify what kind of creative and text you would like the affiliate to use
  • 41. What is the process of affiliate marketing? The commission that each affiliate would receive is also mentioned. Let’s look at a scenario where an affiliate receives 15% commission for each product purchased through his referral code
  • 42. What is the process of affiliate marketing? The customer clicks on a referral link from the affiliate’s website The customer buys the product for $27.97 The affiliate gets a commission of $4.20
  • 43. What is the process of affiliate marketing? Affiliates apply to advertise on your behalf
  • 44. What is the process of affiliate marketing? Affiliates can contact you through the affiliate network, or through a page you have set up on your site, specifically for affiliates
  • 45. What is the process of affiliate marketing?
  • 46. What is the process of affiliate marketing? Select the affiliate that’s best suited for your brand
  • 47. What is the process of affiliate marketing? You can select an affiliate from the ones that have applied for your affiliate program. This can be based on: How much traffic the affiliate’s website gets How successful his/ her previous affiliate campaigns were If he/ she’s okay with the commission offered, etc.
  • 48. What is the process of affiliate marketing? Customer clicks on the ad or link, which sends the user to the merchant website
  • 49. What is the process of affiliate marketing? The ‘SEE IT’ Call-To-Action will direct you to a page where you can buy the software
  • 50. What is the process of affiliate marketing? After the customer makes a purchase on the merchant website, the affiliate network records the details of this transaction
  • 51. What is the process of affiliate marketing? The transaction is validated and credited to the affiliate
  • 52. What is the process of affiliate marketing? The affiliate is then paid his/ her commission
  • 53. What is the process of affiliate marketing? Success!
  • 54. What is the process of affiliate marketing? And like this, the whole process repeats itself
  • 55. Some of the advantages of being able to select an affiliate that’s relevant to your brand are:
  • 56. What is the process of affiliate marketing? You can choose an affiliate best suited to represent your brand and products
  • 57. What is the process of affiliate marketing? You can choose an affiliate best suited to represent your brand and products You only need to pay a commission if a conversion takes place
  • 58. What is the process of affiliate marketing? You can choose an affiliate best suited to represent your brand and products You only need to pay a commission if a conversion takes place The affiliate’s audience are more likely to be interested in your product
  • 59. What is the process of affiliate marketing? You can choose an affiliate best suited to represent your brand and products You only need to pay a commission if a conversion takes place The affiliate’s audience are more likely to be interested in your product The system works on a semi- automatic basis
  • 60. What are the tips for success in affiliate marketing? Now that you know how affiliate marketing works, here are some tips on how you can get better at affiliate marketing
  • 61. What are the tips for success in affiliate marketing? Provide competitive rates to attract successful affiliates
  • 62. What are the tips for success in affiliate marketing? Provide competitive rates to attract successful affiliates Gamify your compensations into tiers to reward best performing affiliates
  • 63. What are the tips for success in affiliate marketing? Provide competitive rates to attract successful affiliates Gamify your compensations into tiers to reward best performing affiliates Maintain a good relationship with your affiliates with regular communication
  • 64. What are the tips for success in affiliate marketing? Provide competitive rates to attract successful affiliates Gamify your compensations into tiers to reward best performing affiliates Maintain a good relationship with your affiliates with regular communication Set up ground rules regarding the liberties affiliates can take with your brand
  • 65. What are the tips for success in affiliate marketing? Be flexible with your budget, provided it generates sales and profits
  • 66. What are the tips for success in affiliate marketing? Be flexible with your budget, provided it generates sales and profits Provide promotional ideas and talking points to new affiliates to nurture them
  • 67. What are the tips for success in affiliate marketing? Be flexible with your budget, provided it generates sales and profits Provide promotional ideas and talking points to new affiliates to nurture them Enhance your promotions with product information that affiliates can create a buzz around
  • 68. Thanks for the explanation man! I’ll get right on it!
  • 69. Thanks for the explanation man! I’ll get right on it!

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