Affiliate marketing is one of many revenue stream options when growing your online business. It enables you to sell other people’s products and gain a commission when someone buys the product using your affiliate link.
It’s like a “tell-a-friend” referral rewards program, where you earn a free month of service or a monetary reward when someone signs up for the product or service you suggested. Affiliate referrals are the business version of that program. Influencers, content creators, and other online creatives earn a commission based on sales generated from their referral.
In this post, we’ll take a look at:
- What is affiliate marketing?
- What affiliate programs we use?
- Does DecoExchange have an affiliate program?
- How to promote your affiliate links with or without your own website.
What is affiliate marketing?
Affiliate programs are the easiest way to make money online if you know what to do and how to do it properly. The key here is signing up with companies that actually pay commissions when people buy products or services through their link. Promoting low quality products with little or no added value is not the way to go.
A personal recommendation from you as an affiliate is always preferable than a “buy now” link. Think about some of the things you bought recently, weren’t you more likely to purchase when someone you knew shared their own experience? We all know word of mouth is powerful!
The affiliate marketing programs we use
Does DecoExchange Have an Affiliate Program?
YES! You can earn 10% of all affiliated sales, which basically means any sales that occur when someone clicks your affiliate link. We know how much love all the things, so why not earn a commission when you share your love for it on your social media platforms or website!
To register head over to the DecoExchange Affiliate page.
The wreath supply box has its own affiliate program. (The basics: you refer someone to join the monthly box subscription, they sign up, and you get 5$ per month per referral as long as they remain subscribed.)
We also have one for our MuttScrub products as well!
How to Promote Your Affiliate Links
Not everyone has a website, that doesn’t mean you can’t diversify your revenue by promoting affiliate links. Learn how to promote your links with or without a website!
Find affiliate programs that sell products or services that your customers want. Promoting these types of popular affiliate programs will help you achieve better conversion rates and higher commissions.
Review products in your niche
Select one that will enhance your own product or service. Find a product that is well targeted to the market you want to visit, and then create a list of things you can offer in terms of promoting it.
Affiliate marketing is not just about putting up links on your website or social media accounts. It’s about the knowledge you share with your audience and getting people to take action. You need to make sure that they trust you; this will give them confidence when making buying decisions. Most customers buy using referrals from others, not ads.
You can usually recommend the product with an “I use this” style of speech instead of selling it. This can come across as more genuine and could increase conversions.
Build an email list
When you have an e-mail list, you can send them offers that may interest them. Asking them to sign up for your list is a great way to start building a relationship with them. They trust you enough to give you their e-mail. They’ve opened that line of communication.
Promoting affiliate links without a website
Your social media accounts are the perfect place to share your affiliate promotions. When promoting the affiliate link, try using videos, images or any other original content. This will help you keep your visitors engaged, which is important for affiliate marketing success.
Remember to always read the affiliate rules for each program to ensure you can post on each specific social media platform.
Creating an Affiliate Marketing Strategy
You need to remember that affiliate marketing is not a get-rich scheme, but it can supplement your income nicely and allow you to generate some additional funds on the side. But don’t get carried away and spend too much time promoting affiliate products. You need to maintain a balance and continue to grow your primary income source. Affiliate marketing is just one of the strategies you can use to help you generate some extra cash online.
Selling affiliate products is a great way to make money online. Just remember that you need to research affiliate companies carefully and try to promote only high quality products. The trick here is giving your customers more value than they expect.
The key here is to deliver value first and foremost and make sure that the product you are selling provides even more value. You can also turn to social media to promote affiliate products.
If you’re a dog lover or know someone who is, check out our Support Dog Rescue t-shirts and click on the picture below!
If you’re in need of any help with bow-making, wreath-making, or crafting in general, be sure to check out more of our tutorials on How to Make Wreaths.
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