Affiliate Marketing 101
A simple recommendation of a business is a Marketers dream. Especially when that recommendation results in a sale.
This transaction has a name in the marketing world and thats 'Word of Mouth marketing' (WOMM).
WOMM is still considered one of the strongest marketing tactics today, and that's because it involves no paid marketing. Making the transaction 100% PROFIT!
With the goal of making even more people recommend businesses to others. Affiliate marketing was born. Very similar to WOMM but with an incentive for the person that recommending the product or service.
So What is Affiliate Marketing?
Expertly written by Pat Flynn’s Smart in Passive Income:, Affiliate marketing is '
"Affiliate marketing is the process of earning a commission by promoting other people’s (or company’s) products. You find a product you like, promote it to others and earn a piece of the profit for each sale that you make."
Can I Earn Money from Affiliate Marketing?
Yes! And there are two sides of the Affiliate marketing equation that you can choose from.
You can become an affiliate marketer and recommend products to your audience that offer an affiliate program and make a great passive income.
Or, you can become a merchant and have others promote your product, in exchange for giving them a commission from the sales that they make.
How do you know when someone recommendation results in a sale?
Once someone becomes a registered affiliate of a certain company’s affiliate program, they receive a unique link that can be used to promote the goods or services being sold by the company.
The unique link is tracked for overall traffic, as well as the purchases made through the link. The affiliate receives a commission each time a purchase is made through their unique link. These commissions vary from company to company and can be anywhere from 5% to 50% of the sale.
Affiliate marketing is quickly becoming a popular way for people to increase a businesses total income.
In essence, you would do the same thing as an affiliate marketer as you would any other time you love a product or service...you tell people about it!
The only difference is that affiliate marketing programs allow you to earn money off of your recommendations.
Where Can I Find Affiliate Marketing Programs?
It is important to note that not every company offers an affiliate marketing program. It is also important to note that you don’t want to go and become an affiliate for every program that is available to you.
Start by searching your favourite brands, because in all honesty, there is nothing easier than recommending a brand or company that you already love, trust, and want to share with others.
Here are some of Cultive Creative’s favourite affiliate marketing programs:
Cultive Creative also has its own affiliate marketing program. If you love our templates and know people who may benefit from our designs, we’d love to have you join our team! You can get more information about the Cultive Creative Affiliate Program here.