How to start affiliate marketing? Is affiliate marketing worth it?
“Touch of Affiliate Marketing”
If Opportunity doesn’t knock, build a door.
Affiliate marketing is like a door for companies to promote their products.
Let’s start with an example, suppose I have a fashion house. I have pursued general marketing strategies but it’s not reaching a large scale. On the other hand, you have a popular YouTube channel.
The affiliation will occur when I will contact you to promote my products through your YouTube channel and in exchange for I will pay you a percentage of my sale revenue, as simple as that.
Now the question is if only YouTubers can do affiliate marketing and earn money? How to start affiliate marketing? The answer is ‘no’. You might be a blogger and earn through affiliate marketing.
Some e-commerce websites in Bangladesh offers affiliate marketing. For example, I can name Daraz, BDSHOP, BAGDOOM.com, etc.
Affiliate Marketing is a popular tactic to drive sales and generate online revenue. It’s highly beneficial for both brands and affiliate marketers. Many of us are aware that, in Bangladesh YouTube channels generally make money via Google add scenes, which doesn’t borrow in a good amount. In contrast to that, in most countries, Affiliate marketing is the main income stream for YouTubers.
“Affiliate marketing has made business millions and ordinary people millionaires.”
- Bo Bennet
There is a 10.1% increase in affiliate marketing spending in the United States each year, meaning that by 2020, that number will reach $6.8 billion. But in Bangladesh, we can’t observe that much focus on this incredible marketing approach.
- Special note:
Hope you have a basic understanding of Affiliate marketing now. If want to know further please let me know.
-Moriom Binta Azad Bijoyee
Content Development Team