Did you know Affiliate marketing in India is a $1 Billion industry?
Around 80% of online businesses have affiliate marketing programs. A need for steady passive income is the need of hour after what all the world is going through. Your expenses are fixed but your income is not steady. Many have lost jobs due to the downfall of the economy.
You can refer to my previous post on “8 Simple ways to generate passive income online in India” to get a good insight into passive income sources. Out of the 8 ways my favourite is Affiliate Marketing in India. If you are able to master this you can achieve financial freedom in 3 to 4 years and live the life you ever dreamed of. Don’t think this is some get rich source of income. You will have to give your hard work. With newer and newer companies launching each day, the scope of affiliate marketing in India is increasing rapidly.
In this blog, I will enlighten you on affiliate marketing and why this could be the turning point in your life.
FAQ’s of Affiliate marketing
What is Affiliate Marketing?
Affiliate marketing is a method in which a person who is called affiliate marketer earns a commission for promoting other companies products or services. You become the sales representative of the company and earn a commission when you make a sale. There are 3 parties in this system: “The Product Creator”, “The Affiliate Marketer” & “The customer”.
How to start affiliate marketing in India?
Follow the below step to start your
1. Choose your Niche
The first step to start affiliate marketing is to find the perfect niche. It is a combination of your knowledge and passion. It is said riches are in niches. You want to recommend products to people which you yourself use and can solve their problems. You can refer to my blog “25 most Profitable Coaching Niches to make you rich”
2. Choose a product to market
Your selected product should align with your niche to get good results. Check product costing, advantages and support before choosing the product.
3. Built a website
Even if there are other ways to promote affiliate products, creating a website is a wiser option. It builds trust and helps you to build your email list. WordPress CMS with elementor is the easiest way to build your website if you don’t have any coding knowledge.
4. Sign up for Affiliate programs
Once you have created your website now sign up for affiliate programs in your niche. Try to select the best product in your category with a good amount of commission. Sometimes you may face difficulty in signing up, as some companies may reject your application. In that case, reach out to them and explain your intent to promote their products.
5. Content writing
Start writing blogs and content on the product you are selling. Have your affiliate link on all your content. Write review articles, comparison posts, guest posts and have good SEO done for the same to attract an audience.
How much can I earn from affiliate marketing in India?
On an average an affiliate marketer earns 10% to 15% commission. On some products it may go upto 40%. If you have just started you can expect 5 to 10 thousand per month.
Best niche for affiliate marketing in India
Each and every website needs a good hosting service to run. Choosing a good website hosting an affiliate marketing program can make good money. For example, Hostiner provides a 60% commission to affiliate marketers. My suggestion would be to go for a niche for which you have knowledge and passion.
Who is the most successful affiliate marketer?
According to a survey the most successful affiliate marketer is Pat Flynn. According to him 80% of his total income comes from Affiliate Marketing
The top 10 Affiliate Marketing programs to signup in 2021
Pipedrive is a sales management tool or CRM designed to help small sales teams manage their sales reporting and follow-ups. It offers account-management tools with the ability to assist with marketing and the entire sales process.For their Expert program, they offer 20% – 30% recurring commission for a lifetime. You can test Pipedrive free of cost for 1 month. Click here
Hostinger is the most prominent player in the web hosting industry. It is trusted by millions and its servers are highly reliable. They keep on running some great offers from time to time which makes convincing your prospects easy.It offers around 60% commission on each sale for minimum 1 year plans. Click here
Elementor is the world’s best drag-and-drop page builder for WordPress. This plugin helps you create beautiful websites with zero coding. Elementor has had over 6 million installs and an impressive 4.8 star rating on WordPress.org. It is easy to use and comes with tons of features to enable website design really fast. They pay around 50% commission per sale. Click here
Shopify is the world’s biggest online store builder trusted by over 1,000,000 stores. Shopify has a large number of easy to use features. You can set up your online store in a few steps. Store Designing can be done with a live preview in the backend.It helps you to build your store both online and offline. You make $58 for each merchant who signs up for a paid Shopify plan. Click Here
GetResponse is an email marketing software that helps you grow your audience, create mailing lists and boost sales. It also provides a landing page designer. It provides email sequencing and automation. Affiliates get 33% commission recurring month on month. Click here
ConvertKit is one of the best email marketing software created exclusively for bloggers and content creators. It offers lots of advanced features to build a successful online business. The main USP of the product is its excellent support. The ConvertKit Affiliate Program pays out a 30% monthly recurring payout. Click here
Teachable is a rock solid platform with a clean interface. It is the No.1 choice for course creators. It promises to offer the best user experience for course consumers. With Teachable, you can create your own branded website, you can avoid setting up a separate site or blog if you want to make things simpler. Teachable pays a 30% recurring commission. Click here
8. Amazon Affiliate:
The Amazon Affiliate Program in India is the most profitable affiliate marketing program for bloggers and webmasters. You can make good money from promoting and selling Amazon India Products. You only need approval from the main amazon website, no need for further approval from the owners of the products that you choose to promote. You can make upto 12% commission. Additional income source is through amazon advertisements that you run your blog or website. Click Here
Grammarly is a must have tool for bloggers and content writers. It detects grammar and punctuation errors in your content and gives you realtime suggestions to improve it. Spell check, Plagiarism and Writing Style can also be monitored through Grammarly. It offers $20 on each paid sign up and $0.02 for each free signup. Click here
10. WP Engine:
WP Engine is a high quality host with highest industry uptime, WordPress-specific security, daily backups, real-time threat detection. In one word Excellent WordPress Hosting. Click Here
To become a good affiliate marketer you must master the art Traffic Generation. Try to use multiple sources to bring in traffic to your content. It may include YouTube, Organic search volume through good SEO, Social Media platforms. You grow when your sales start coming in from that many sources. Now you can plan to invest in paid advertising to drive more traffic to the sales mechanisms that already work.
Affiliate marketing in India is a booming industry and this is the right time to start your profitable journey. It is now over 20 years old and stable. It is nowhere stopping to grow.
If you market for physical products there is no need for you to set up stores or maintain stock. Packing and delivering are not your problem but the merchants. You get paid for your recommendation.
If you wish to get started with Affiliate Marketing leave your connect and do get connected wit me on [email protected]