Hey.
Welcome back.
So in this section, uh, I will explain you what to do if you do not have a offer, product or services
to offer to your customers, or if you do not have time, or maybe budget constraint, like whatever
the reason might be, say if you do not have a product, service or any to anything to offer to your
customers.
So what to do then?
So what to do means there is a concept called affiliate marketing.
So I'm not going, uh, completely deep into affiliate marketing.
So I'll just tell, uh, what is affiliate marketing.
So affiliate marketing is like a performance based marketing strategy, like where individuals or businesses
as an affiliate to earn a commission for promoting product or products or services of other companies.
So it operates on a revenue sharing model, like where affiliates as a affiliate, you will receive
the commission for each sale that you make or each lead you generate, or based on the action generated
through your promotional efforts.
So for example, say I have a product, so I am just selling it to my customers.
So you want like you do not have a product.
So I will say, okay, Mr. John, see this is my product.
This is what it has to offer to your subscribers or for your audience or for your customers.
You say, uh, promote for your, uh, audience.
So I will share some, uh, some, uh, percentage of commission to you for each sale you make.
Say, for example, if I am offering 50% commissions.
So because usually as a vendor, when I am launching products, I usually provide 50% straight commissions.
Uh, so it comes instantly to your wallet, actually.
Uh, so I say, Mr. John, see, this is my product.
This is what it has to offer to your subscribers.
So promote, promote it and earn 50% commissions for each sale that you make.
So that is called affiliate marketing.
So how does it work.
So first affiliates will need to sign up.
So affiliate will sign up for the affiliate affiliate program offered by the merchant.
As like say I am a product creator.
You will sign up under me like okay, Mr. Rushworth, I want to promote your product.
Okay.
Approve my, uh, request.
So I say, okay, you are approved.
So then what happens?
Some companies, some big companies will have their, uh, in-house, uh, affiliate sign ups, like
means like they do not they will have a in-house, uh, tracking software.
Uh, but usually, uh, I recommend you to, like, use marketplaces like warrior Plus.
Com, Jvzoo, Clickbank, Digi store, 24 shares.
Com impact.
So there are quite large number of, uh, marketplaces from where you can apply for, uh, becoming
an affiliate and start promoting the products.
Okay.
So after applying for the promotion.
So you will be approved and you will be given with a unique link.
So if somebody clicks that particular link and makes a purchase, so you will instantly be uh, be uh
paid actually.
So that works like uh usually cookies method.
So it is again a different concept, different option.
So I don't want to go deep into that, that.
So in in simple words, if some take like you as soon as you are approved to promote any offer, you
will get a unique link that is specific to you that is very particular to you only.
So then once you start sharing that particular link, then if somebody clicks on that particular link
and makes a purchase, so then you will be paid.
So it is very simple.
So as a affiliate you are promoting as a vendor, I am paying you for every sale that you send.
So after the affiliate sign up it happens a promotion.
So affiliate promote the chosen products or services through various marketing channels such as websites,
maybe blogs, social media, email marketing or paid advertising or obviously solo ads.
So they create content reviews or advertisements to attract potential customers and drive traffic to
the merchants website.
So what I what I am telling how you can do with the solo ads is that there is a opt in page, like we
saw the opt in page yesterday.
Correct?
So as soon as you get the email into your list.
So send them the send them to the offer page from your using your unique link.
Okay.
So with that unique link, if they make a purchase you will be paid.
You also get the chance to promote other offers to them.
Because the email is in your autoresponder, you can pitch with the different offers in the same niche.
Say I am in make money online or digital products.
So this is not the only product that will change their lives.
There might be different products, different vendors.
So you can take the links from those products as well.
And then you start making start promoting those particular products to them and start earning commissions
in return.
So this is in case of when you do not have a, you know, your own offers, products or anything to
offer to your customers.
So tracking next is the tracking links.
So you use the unique tracking links provided by merchants or affiliate networks.
I said.
So.
Usually I strongly recommend to use affiliate networks such as Warrior plus.com, Jvzoo or Clickbank.
Digi store 24 share a sale.com impact.
So these are some of the uh, platforms that uh, you can start the affiliate marketing with.
So they do the they do track the sales generated from their promotional activities.
So these links contain a special code that identifies the affiliate and ensures they receive credit
for any sales made through their referrals.
So commission earnings like when a customer makes a simple like when a customer makes a purchase or
completes a desired action, such as filling out a form or signing up, or for a free trial through
an affiliate referral link, the affiliate earns the commission, so basically you will earn the commissions.
The commission structure varies depending on the affiliate program, and may be based on a percentage
of the sale amount or a fixed fee per action.
So there are different kinds.
So I am offering straight 50% commission.
So if I am pricing my product at $100 you will receive $50.
So but some uh, some uh pro merchants, they what they do is per action, okay.
You make any like any sale worth any value.
But I will pay you certain amount.
That's it.
Likewise.
So it it depends cost per action or cost per click like however it is it is depending on the merchant.
So and the payments like uh you will receive the payments to the like whatever you earned according
to the payment terms specified by that, uh, a merchant or affiliate network, like, uh, like I said,
warrior players and other platforms.
The payments made may be made on a regular schedule, like once in a time or when a threshold is reached.
Likewise.
So affiliate marketing offers several benefits actually for both affiliates and merchants.
So for affiliates, it provides an opportunity to earn passive income by promoting products or services
they believe in without the need to create their or they own their own products.
Like you do not have to give support, or you do not have to create marketing materials.
You do not have to maintain server costs.
You do not have to maintain employee.
You do not have to maintain technical stuff.
Bug fixing, nothing you have to do.
You just send the people to their sales page.
Then they they purchase, you receive the commissions and that's it.
There is nothing you can you need to do after making the sale.
But obviously, yes, you can start building relationships with the customers so that when you recommend
new softwares to them, so they obviously buy through your link only so that you get paid.
So this is what I was telling about relationship building and creating a relationship.
Uh, and uh, you know, bonding with your list so you can leverage your existing platforms, audiences
and marketing skills to generate revenue.
So.
Well.
Affiliate marketing thrives on collaboration, transparency, and mutual benefit between affiliates
and merchants, so making it a popular and effective marketing strategy in the digital landscape.
So this is all about affiliate marketing.
Uh, so this, uh, strategy you can use when you do not have a product or offers or to give it to your
customers while using solo ads.
So this is all about, uh, uh, solo ads, like running solo ads without having to offer products to
provide to your customers.
Uh, so.
Thank you.
Uh, see you on the next video.