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Can Affiliate Marketing Benefit Your Business?

Organizations, both large and small, can profit from affiliate marketing to boost online revenue. This technique influences consumer buying patterns and makes use of online advertising by “sharing” revenue. You can utilize your already successful platform to sell other products as an affiliate to increase revenue through a passive income.

Affiliate marketing is the process of earning a commission by promoting other people’s products. You can find a product you like, promote it to others and earn a piece of the profit for each sale made. 

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Passive Income

You can spread a product across multiple parties, where each party receives a share of the revenue according to their contribution of sale. 

By taking part in Affiliate marketing, you can be both the creator and the marketer and still profit from the idea of sharing revenue.

Rules to the Trade

  • Only promote products you trust
    • If you promote products you have never heard of then this can damage your company’s image. To maintain loyalty and trust through your consumers, only affiliate your business with products your company is familiar with. 
  • Never direct, always passive
    • Never directly tell consumers to buy a product, but simply recommend the purchase. Sharing an experience with a product gives the purchase credibility rather than outwardly expressing monetary compensation for your endorsement. 

Affiliate marketing is utilized every day in the marketing world; however, not always in the right way. Hence, why it may have a bad reputation. 

You CAN do it right and have your consumers thank you for your recommendations. What’s better than getting thanked for recommendations and getting paid to do so? 

If your business is interested in Affiliate marketing, contact Blue Archer to discuss product placement. 

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