The reason why should you use affiliate marketing? Many reasons exist, but it all comes down to mutual benefit. Using affiliate marketing, there are certainly perks for both the merchant and the affiliate. Listed here are a few main reasons affiliate marketing is the perfect marketing option:
- You control the marketing. In affiliate marketing, you decide the program, from commission fees to advertising decisions. Pick your merchants or affiliates and decide how and when you or your affiliates are paid.
- Your initial cost is minimal. While many other online marketing techniques or advertisements have startup costs that may be unavailable to people without a large level of investment, with affiliate marketing, all you need to do is build your website or advertising and buy an affiliate solution. Or you can do the task to generate associates personally.
- You can make new revenue without new products or services. As an affiliate marketer, you are making money when you promote the merchant’s offers without having to create your very own new product or service.
- Generate revenue without having the shopping cart software. Let’s admit it, establishing a shopping cart application and creating an integrated marketing system takes work. With affiliate marketing, you can offer additional bonuses and incentives without having to jump through all of the traditional hoops to make a sale.
- You can usually benefit from others’ successes. As an affiliate, if your merchant is successful, you do too. You are rewarded for website traffic and sales that result in customers for the merchant.
- With affiliate marketing, business tasks are shared. In affiliate marketing, the merchant often takes care of the logistics involved in the sale of products or service, the processing of orders and payments, and the shipping of merchandise. The affiliate generates the content and/or advertisements and referrals and then collects commissions from each agreed-upon action.
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I would like to show you some insane, exciting facts which will help you understand why Affiliate Marketing is something that can add limitless value to your marketing and advertising efforts:
93% of advertisers support affiliate marketing as an effective marketing channel.
$20 billion in sales have been generated from affiliate marketing and lead generation.
50% of advertisers saw a lack of respectable understanding of affiliate marketing at the level of CEO.
The Affiliate marketing industry alone is an over $7 billion business only in the UK.
Companies spend up to $150,000 a month on commissions.
Over 6o% of blogs use affiliate offers in order to get in some revenue from affiliate programs or display advertising.
85% of affiliate marketers belong to commission junction.
Affiliate Marketing has grown by nearly 150% since the year 2000.
In Affiliate marketing, 79% of traffic is generated by SEO.
91% of customers’ relationship is maintained via Email.
40% of Amazon revenue comes from Affiliate Marketing.
23% of the total Online Sales comes from Affiliate Marketing.
75 out of 100 online retailers have an affiliate program.
48% of U.S. affiliates businesses have PPC (pay per click) accounts which is the most important category for affiliates.
The Amazon Associates Program is one of the largest and most successful online affiliate programs, with over 900,000 members worldwide.
Information like this makes it evident that there is a lot of money to be made with affiliate marketing. And while lots of people might be talking about it, very few can really teach you how to productively position your business so that you can make money effectively and consistently with affiliate marketing.