I guess you are
pretty much abreast with the activities going round in on Facebook, Twitter and the blogging sites over the last 24 hours. After
lying dormant for months, the graphs on most of our twitter dashboards have
scaled high skyscrapers. On Facebook and blogging sites, we are becoming
more of a contributor than consumer,
belying the statistic being taken at the
start of the class where less than 3% were proud of their blogs or felt that
they created engaging content on Facebook.
I wouldn’t know whether your
social stimuli in the digital space has been spurred by the external motivation
of scoring the elusive 380-400 or internal awakening of the need to be on
viewed favourably in this space. Even as I go on dabbling in this space neither
I am sure about what is spurring me. But guess what, I seem to have found a
completely new reason to maintain a digital footprint especially in the
blogging space and that’s against all
guesses, is to subsidise the increasing mess food expenses. Never imagined that
I could get paid for writing but it doesn’t seem that difficult. It’s called affiliate
marketing and this is how it works
·
You post engaging content in your blog space and
get a lot a eyeballs on it and participate in affiliate marketing programs run
by the likes of Google
Affiliate Network, AvantLink.com and many others etc.
·
The merchants find your blogs like yours a
viable space for targeted marketing and so they participate in the affiliate
marketing programs
·
These affiliate marketing programs then render
targeted advertisements from their list of advertisement based on page content
and viewing profile on blogging sites like yours and you get paid on a performance
based metrics like cost per sale, cost per lead, cost per download basis.
 |
| Affiliate Marketing Model |
Now let’s just capture the essence of Affiliate marketing
for you. It has three participants
·
Merchant: They are interested in
marketing their products and services to a target community and they provide
the affiliate network marketing material and commission.
·
Publisher: They write engaging content
that catch the eyeballs of the segments that the merchant is targeting
·
Affiliate Networks: They help Merchants
and Publishers connect and in-turn, they charge a small monthly fee on the cost
per Transaction model the definition of which is selected by the merchant. It
takes care of commissions from multiple merchant, billing and other operational
task with the help of the publisher.
Now, you might have doubts in
your mind like , if one can earn money like this , why would one propagate this
obscenely easy way for earning bucks, wouldn’t it just increase competition and
reduce one’s earning. For putting that
doubt to rest you would have to think of the way this kind of platforms work,
these affiliate networks work on a virtuous cycle model and thus more and more
merchants or content creators join it more it becomes a viable space for
business to participate in this space and so more chances of earning big. So
guys, come on in ,“give me the numbers” and get the bucks.
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