Affiliate is a term in business where there is cooperation between the manufacturer and the affiliate who plays a role in marketing the product.
For friends who want to earn money from the internet with small capital, affiliates are one of the right choices.
It can be said that affiliation is a form of business cooperation that is profitable and flexible so that it can be done by anyone.
Before registering for an affiliate program, you should first know what an affiliate is, including the benefits, how it works, and examples below.
What is Affiliate?
Affiliate is a program that offers business cooperation between producers (merchants) and marketers (affiliates).
Usually, affiliate program providers are business actors who have products to offer to target consumers outside the scope of the market.
An affiliate needs to have skills and tenacity in marketing products in order to get the attention of potential consumers.
In simple terms, an affiliate is a partnership that allows a person to offer a company’s products and profit from it.
So, it can be concluded that affiliates do not need to provide products. Its role is simply to market the products that have been prepared by the manufacturer.
Some of the media that are generally used by affiliates to market products are social media, blogs, and online forums.
Affiliate Advantages
After understanding the meaning of affiliate, it’s time to recognize the benefits.
If you want to participate in an affiliate program, first get to know the benefits that can be obtained from the implementation of the following:
1. Doesn’t Need Large Capital
One of the advantages of joining an affiliate program is the small capital. You only need a smartphone and a stable internet connection to do your job as an affiliate.
In order to market products to the maximum, you can use social media, online forums, and blogs.
2. Earning Passive Income
Even if they don’t go to the office, an affiliate can earn passive income just by creating posts or reviews that attract the attention of potential consumers.
A single post or review can be used for promotion during a specified period. Simply create relevant content to attract the attention of your target consumers.
3. Can Work Anytime and Anywhere
According to an affiliate program, it means being a marketer for a specific product. Unlike door-to-door marketing, affiliates can be done from anywhere and anytime.
So, you can work at home or in a café, anytime according to your needs. That way, productivity settings are more effective and flexible.
Based on these aspects, affiliates are suitable as side hustles for friends who are active in other fields.
4. Can Apply for Many Affiliate Programs
Not only is its flexibility promising, another advantage of affiliates is the ease of signing up for various programs.
So, friends are not only fixated on one program. The more you sign up for an affiliate program, the greater the profit opportunities will be.
The selection of affiliate programs cannot be done carelessly. Avoid affiliates that are not credible and offer illegal products.
5. Only Need to Offer Products to Consumers
Afiliasi adalah program yang menawarkan banyak keuntungan, salah satunya adalah kemudahan pelaksanaannya.
Afiliator hanya perlu menawarkan produk kepada konsumen tanpa harus menyediakan stok dan melakukan pengiriman produk.
How Affiliates Work
Basically, affiliates have the same way of working as brokers or intermediaries between one trader and another.
In its implementation, affiliates involve referral codes given by the merchant to the affiliate.
To comprehensively understand how affiliates work, pay attention to the following steps:
1. Register in the Affiliate Program
The first step to participating in an affiliate program is to register as an affiliate of a company or merchant.
Generally, registration for an affiliate program can be done through an official channel provided by the company, such as a website.
Complete the requirements and follow the conditions imposed by the merchant and wait for the registration as an affiliate to be accepted.
2. Promote Products As An Affiliate
After the friend’s registration is accepted, the merchant will notify the promotion rules that need to be followed.
Promotional activities themselves can be done by creating posts containing product promotions on social media or on relevant online forums.
In addition, you can write product reviews and put up banners on blogs to attract target consumers to visit affiliate product pages.
3. Include a Referral Code for Consumers
One of the crucial stages in the implementation of affiliate is the use of referral codes by consumers.
In some affiliate programs, referral codes contain discounts or discounts that can provide more affordable prices.
The use of referral codes can also help merchants track which consumers make purchases. That way, the commission calculation can be done accurately.
4. Earn Commission from Using Referral Codes
The final stage of the affiliate is the receipt of the commission. Affiliates who successfully encourage consumers to buy the promoted product will get a commission from the merchant.
The value of the commission received by affiliates also varies. Each merchant has provisions that regulate the commission value of products that are successfully sold.
The commission can be in the form of a certain percentage of the selling price or a fixed value in accordance with the specified provisions.
Affiliate Examples
There are several examples of affiliates that are popular and widely used by many people to earn income. Some of them are:
1. Amazon Affiliate
The affiliate program from Amazon gives up to 10% commission to the affiliate. These provisions are adjusted to the products and policies of the company.
2. Shopee Affiliate
Another e-commerce that offers an affiliate program is Shopee. Anyone can sign up for this program.
However, if you want to get compensation, then affiliates need to have at least 2,000 followers.
3. ZALORA Affiliate
The affiliate program offered by ZALORA provides commissions ranging from 4% to 6% for each product sold.
Thus the discussion about affiliation which is a form of business cooperation between merchants and affiliates.
