SURE WAY OF MAKING MONEY ONLINE IN NIGERIA
Basics of Affiliate Marketing
What is affiliate marketing?
It
is simply a form of marketing. A company offers a product or service for sale.
The company invites you to market the sale of the product or service on their
behalf. For each sale you generate, you are rewarded with a percentage of the
profit.
Requirements
1.
Registration - You will
be required to register with the company promoting the affiliate program. Affiliate Link – When you
have successful registered, you will be giving a unique code, this is your
affiliate link. It may look something like http://www.rrrrrrr.com/?you.
2.
Marketing
- It is now left for you to market
the product or service so as to generate sales. You can do the marketing via
blogs, website publications, articles, newsletter etc., whatever method you
choose, you will need to provide your affiliate link so that buyers can click
on it to get to the seller.
3.
Caution
– Do not send unsolicited emails to people asking them to buy the product or
service. That is SPAMMING. If you are reported, the company you are affiliated
to will simply cancel your account with them.
How
do you earn money from affiliate marketing programs?
1.
Commission on Sales - You will
earn a commission, whenever a sale is made as a result of someone getting to
the seller through your “affiliate link” and the purchase is concluded (so do not ask friends to click on your affiliate links
alone, payments are based on sales concluded). Your earnings will be
paid into your affiliate account with the seller.
2.
Commission on Subscriptions or Continuous Services - This is
slightly different from the first one and it is one of the best income earners,
also because it has a residual income, it is my favorite concept. Basically you
put in your front-end effort and once you make a sale you get to, on-going,
collect a small portion of the recurring fees for the subscription or service,
until it gets canceled by the subscriber. Combine this with possible referral
residual income and all I can say is simply, WOW, what an opportunity!
3.
Referrals of new subscribers to the affiliate marketing
program – Another means of earning income
is through referring new subscribers to the program. Whenever a new person
joins the affiliate program through your recommendation, by clicking your
“affiliate link” and they become active members, you will earn either a flat
rate or a portion of their earnings (it all depends
on the particular affiliate program). Some affiliate programs pay a
one time commission, while others allow you to build teams of people you
referred under you and you earn a percentage of every sale made through
them.
SEE THESE:
- Your fund is not tied down to
any product or service.
- You do not run the risk of
failed sales.
- You have no business with the
delivery of the product.
- You are not liable for the
performance of the item purchased (Wait! A word of caution, as an online
entrepreneur, your greatest asset is your REPUTATION, so be careful with
what you recommend. One aggrieved customer can cause a lot of damage to
your reputation via negative publicity).
- You will be assisted with many resources to make success in the marketing by the seller, often that is offered at no cost (avoid Affiliate Programs that require you spending fortune to learn marketing strategies).
How
will I get my payments in Nigeria?
PAYMENT METHODS AVAILABLE IN NIGERIA
----Direct Bank Transfer
----PayPal.
----Cheques
----Payoneer
----E-gold
----Alert
Pay
Also,
for the sake of your reputation, use Google or any other search engine to find
out the reputation of the seller over time. Do not destroy your online
REPUTATION by joining an Affiliate Program set up by get-rich-quick-scammers.
If you are a Nigerian/webmaster still struggling to make your first $$$/NNN
online, then affiliate marketing may just be a perfect one for you. With
affiliate marketing, you no longer need to depend solely on Google adsense
before you can make some money online.
With
these local affiliate programs, you no longer need to disturb yourself too much
about owning or operating a PayPal account.
TO GET THE E-BOOK ON AFFILIATE MARKETING IN NIGERIA.
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