To become an affiliate marketer in Nigeria requires a lot of consistent and smart work, this also means that you need to keep researching affiliate programs that pay more in Nigeria because the more the profits, the better for everyone.
What Is Affiliate Marketing And Why Is It So Important To The Seller Of A Good Or Service
Affiliate marketing is a type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought by the affiliate’s marketing efforts. Simply put, it involves people buying a particular product, clicking on a link, getting leads with your unique link and you getting a certain percentage from those sales.
Affiliate marketing is estimated to be worth $12 billion globally. Global affiliate marketing statistics show that the industry is currently estimated to be worth $12 billion and it is going to be worth it being part of this industry that keeps thriving.
Here Are Seven Reasons Why You Should Join Affiliate Marketing
1- Almost No Payments Required
To join most affiliate markets, you don’t even need to pay for anything, all you need to do is apply and then you get accepted or rejected. The only time you get rejected for some affiliate marketing programs is when your goals don’t align with theirs or you didn’t outline how you plan to get customers to buy their products suitably. But most companies that accept affiliate marketing just allows you to create a profile by signing up with your email address and some other relevant information they will be needing from you and then acknowledging your profile and notifying you of your affiliate links
Affiliate links can be placed anywhere as long as they are clickable. From emails, social media platforms, to websites.
3- Saves Time
The registration is the only time you get little delays because after creating your account, they would need to approve or disapprove your account. Most times after registration, getting tracking codes or personalized links is very easy and hassle-free.
4- Earn Passively
Becoming an affiliate marketer in Nigeria helps you earn passively. You can still be earning money from an affiliate link you posted three years ago as long as that brand still offers affiliate marketing.
5- Easy Implementation
Affiliate links are very easy to input, they do not require any strenuous tutorials to be put to use.
6- Work From Home
Becoming an affiliate marketer in Nigeria helps you work from home and earn a full-time income working from home as you do not need to be at a particular place at a certain time to do it.
7- Simplicity And Flexibility
Becoming an affiliate marketer is simple and the routine is very flexible, you can do everything at your own pace and in your own time.
Who Is Involved In The Affiliate Marketing Chain?
The following people are involved in the affiliate marketing chain
1-The Company/ Merchant/ Creator
The company, merchant or creator are the ones offering affiliate marketing programmes and seeking marketers, publishers, influencers to help spread the word about their products to people who will become customers to the goods they sell or service they provide. They lay out the set rules for their affiliate marketing structures, accept and reject affiliate marketers, track the orders and links and finally pay the affiliate marketers.
2- The Advertiser/ Influencer
This group are the affiliate marketers. They register for different companies that accept affiliate marketing, when they get accepted, they create their profiles and get different customized tracking links for different products they choose to market online through different mediums for the different companies. In the end, they get paid, different companies pay differently and also give specific times for processing of payments.
3- The Customer
The customer clicks on one of the links published by an advertiser or influencer and buys using that link.
A customer is the one at the end of the affiliate marketing chain.
How Do Companies Pay Their Affiliate Marketers
Different companies pay their affiliates differently according to their terms and conditions which every affiliate marketer agrees to but here are the three most popular for affiliate marketing payment
1- Pay Per Sale
This is the most popular and standard means of payment for affiliates. When an influencer posts an affiliate link, a customer clicks on the link and makes a purchase of a goods or service and the order is tracked to that particular affiliate and he/she is given credit for that and given the necessary enumeration for it.
2- Pay Per Click
This method involves an affiliate marketer being paid when the customer clicks on the unique link and is taken to the landing page of that link.
3- Pay Per Lead
This method is said to be active when a customer tries to perform a call to action on a link. Either by clicking on the link and landing on the page, putting in orders in the cart or even inputting their credit card details.
For some affiliate marketing programmes, a lead can span from 30- 90 days depending on that company’s terms and conditions. This simply means that if a customer takes an action within a 30- 90 days span using your link, you still get credits for it.
Can Affiliate Marketing Make You Rich?
Affiliate marketing can make you rich, but to achieve this, you need an audience that is ready to listen to you and buy products or order services using your affiliate links.
A popular web hosting company offers an affiliate program and gives $65 for every sale made to the affiliate marketer, let’s say you refer three persons each day and they make purchases using your link for a whole month, that’s roughly about $5,850 gotten without doing anything other than smart work, affiliate marketing can make you rich.
How Can I Start Affiliate Marketing With No Money
It is very much possible to become an affiliate marketer in Nigeria or outside of Nigeria with no money.
Affiliate marketing is very easy to start because it doesn’t even require any money at all. All you need to do is register for as many affiliate marketing programmes as possible and wait till you are approved then you can start referring people to different products using your affiliate links.
How To Start Affiliate Marketing Without A Website
Affiliate marketing doesn’t require just websites, there are so many other mediums one can become an affiliate marketer without owning a website
Here are three other ways one can start affiliate marketing without a website
1- Use YouTube
YouTube is yet another popular means to market different products.
YouTube has a feature called a description box where any YouTuber would input the links or even description of whatever he/she wants people to know about. With YouTube, a lot of YouTubers that do product reviews thrive with affiliate marketing because after giving reviews of that product, they usually leave affiliate links to people interested in buying that product.
2- Instagram, Facebook, Twitter, Pinterest Or Other Social Media Platforms
For a social media platform like Instagram, one can only input links at a time on the “link in bio” but for platforms like Twitter and Facebook, you can input different links at a time on each post.
For Pinterest, every pin goes with just one link, you can describe a good or service and also input the link to the good or service in the destination website.
For emails, you could send people links to join your mailing list on any of the social media platforms and send them different emails either weekly or daily with related affiliate links.
How Do I Become An Affiliate Marketer In Nigeria?
Becoming an affiliate marketer is a great step to leveraging passive income. One incredible thing about affiliate marketing is that you could wake up and just receive an email about earning some money without doing anything strenuous the previous night.
To be able to leverage affiliate marketing as a beginner, you would need to follow the steps below to become an affiliate marketer.
Here are five steps you would need to become an affiliate marketer in Nigeria
1- Research And Choose The Best Platforms To Leverage To Become An Affiliate Marketer In Nigeria
The first step to affiliate marketing is for you an intending affiliate marketer to research and choose the best platform that would be best for you.
Before you choose a platform, you would need to choose a platform that’s easier for you to get a clean breakthrough and also a platform that would be easy for your customers to access your links.
Platforms used for affiliate marketing includes websites, YouTube channels, social media platforms, email lists e.t.c
2- Research And Register On Different Affiliate Marketing Platforms To Become An Affiliate Marketer In Nigeria
So many companies offer affiliate marketing programmes to influencers or affiliate marketers. They do this themselves or register under some already popular affiliate marketing companies like ShareASale, impact e.t.c
As a potential affiliate marketer, you would need to know the kind of brands you want to work with or you are willing to advertise for and register as an affiliate marketer for them.
Also the brand you would work for would determine what your posts would look like.
3- Research On The Payment Channels
Just before you jump right into sharing affiliate links, some brands pay well but the channels they use for payments are not yet in Nigeria. It doesn’t make any sense to make so much money from affiliate marketing and not be able to use the money to tend to your needs, to avoid this, also search for their payment channels and payouts.
Some also pay only on a particular day, you should do proper research to get all of these details.
4- Get Your Unique Links For The Different Products
For companies that offer collective affiliate marketing programmes for other brands, each product has its link and tracking code, so for every product you choose to market for them, there is a separate link for it.
But for brands that do the affiliate marketing programmes themselves, just one tracking code is needed.
When you get those links, you attach them to the necessary places they are supposed to be in.
5- Market Your Links Aggressively
After you have gotten your links, market them on different platforms in different posts. The more people see your posts with your links in them, the more likely they are going to be clicked on, also encourage people to use your links and also add disclaimers too.
Affiliate marketing, a passive way to make money, is worth all of the hurdles when a lot of purchases are made through your links but before then, smart work and consistency are especially needed.