Steps to Affiliate Marketing Success-Sanewnetworks
One in three Americans reported that they started a side hustle in 2020, while the Economic Outlook reported that employment figures would not return to pre-pandemic levels until 2024. For most of 2020, people were forced inside, and this was one of our only exits. for social communication was the Internet.
The relentless growth and interest in the sideline of the online hustle and bustle proves that people want financial freedom, freedom of time, and freedom of location. As evidence, this year, 24 percent of Americans in the same poll would like to start a side life. They say this is a way to generate passive income or diversify your income potential.
One side of success that thrives: affiliate marketing. According to Digistore24’s vice president of US sales, Megan Damiko, as long as you have a computer and an Internet connection, affiliate marketing requires no money or experience. Digistore24 is an automated reseller and affiliate marketing platform where suppliers can automate sales, sell products, and connect to an extensive and reliable affiliate network.
Damiko’s business partner and VP of Marketing at Digistore24 Ryan Alarid believes that affiliate marketing benefits both the affiliate and the online business. Together, they increased Digistore24’s revenue from $ 2 million to $ 66 million in less than a year.
With affiliate marketing, it’s as easy as taking an established brand or product and promoting it to your audience, says Alarid. This is less risk for the company and the content is more authentic because the partner is motivated to create great posts that encourage their audience to buy the product.
Consumers spent $ 861 billion online in 2020, up 44 percent from 2019. With the rise of influencers and social media platforms, affiliate marketing has quickly become one of the largest sources of income online. To be successful in affiliate marketing, Damiko recommends three simple steps: choosing the right social media platform, choosing a niche, and promoting products.
Start with the social media platform that best suits your audience and your content. Facebook has one of the broadest and deepest resources among age groups, but if you’re promoting products that look more attractive in photos, you can opt for Instagram. If the products you’re promoting are perfect for Gen Zers, then TikTok might be your best bet.