Hi guys i am Weng here , in today video i will be explaining what is affiliate marketing . Affiliate marketing is my main income source , i earn most money from online business from affiliate marketing . Do not worry , affiliate marketing is easy to learn and it is very easy to learn .
Now , lets look at what is affiliate marketing .
Before we go deep into affiliate marketing , it is best to know about what are the online business model that are available in the market .
#1 Online Business Model – Selling Own Products
So , you can sell physical products like clothes , shoes , watches online .You also can sel digital products such as ebook and also online courses .
#2 Online Business Model – SELLING ADVERTISEMENT SPACE/INFLUENCER
With this business model , you will be helping your clients to promote their products on your web site or social media , such as facebook , instagam , weibo , we chat or youtube .In order to run this online business , you need to have a web site or social media that high in traffic or alot of followers .
#3 Online Business Model – SELL OTHER PEOPLE”S PRODUCTS (AFFILIATE MARKETING)
What is affiliate marketing and how to start ? In short affiliate marketing simply means ,you help a company to sell their products and earn a commission from the sales .
How to start ? Starting an online affiliate business is super easy .
Join a affiliate marketing programme which i will be introducing next , after that choose a product that you want to promote . After that you can promote the product on your social media , or web site .When someone buy your products , you will earn a commision from it !
Super easy right ?
The Advantages of Affiliate Marketing ?
Why i choose affiliate marketing at the very first place ? Below are the reasons.
- You do not need to create or buy any products to resell it . As a students 6 years back , i do not even have extra money to buy myself a fancy clothes during chinese new year , how the hell do i have extra money to any products for reselling ?
- Free to join . Mostly all affiliate programme are 100% free to join .
- Easy to start . It super easy to start an online affiliate marketing business . You do not even need to have a web site to start.
What Is The Disadvantage of Affiliate Marketing?
The #1 disadvantage of affiliate marketing is that we do not have any control over the products and this include the quality of the products . So it is very important to do some research for the products that you want to promote before promoting .
The #2 disadvantage of affiliate marketing will be the products may discontinue after sometime without noticing you. So , you need to check often on the availability of the products .
So , these are the popular affiliate marketing site that you can check it out .
You can use linkshare, clickbank ,jvzoo or amazon .I personally use linkshare and clickbank most of the time .
Click bank”s commison is much more higher than link share , but link share provide more flexibility in terms of marketing materials .
I will talk more on how each individual affiliate site works on my next video. And do subscribe to my channel to support my works .Highly appreciate it.