Are you struggling to earn an income from your blog or website? There are numerous ways in which an influencer can turn a profit from their platform, but unfortunately many influencers, including bloggers, podcasters, and other business owners, do not know how to effectively leverage these opportunities.
Affiliate marketing is one of the many ways to bring in an income using the influencer platform you’ve worked so hard to build. Affiliate marketing can be effective because as an influencer you are marketing a product someone else has developed to an audience you have built and who trusts your opinion.
Brands who want to leverage influencer marketing create affiliate programs. In turn, affiliates, otherwise known as influencers, join affiliate programs that fit their target market and then market those products to their audience. When you as the affiliate make a sale, you make a commission off the sale and the brand will pay you that commission after a certain period of time, typically 30-45 days after the sale or a certain day in the following month.
There are 3 key aspects of affiliate marketing that you will need to master if you want to make this an effective stream of income for your business.