There are still a very huge number of Nigerians who are still new to the term "Affiliate Marketing"
So i'll be breaking things down so that even a 10 years old can understand.
(1). Let's start with what affiliate marketing really means.
According to http://Investopedia.com, Affiliate marketing is an advertising model in which a company compensates third-party publishers to generate traffic/leads to the company’s products and services.
The third-party publishers are affiliates, and the commission fee incentivizes them to find ways to promote the company/products.
In simple words, it means Company A needs leads or product sales.
Then they recruit marketers( people who are going to help them get those leads or product sales and pay them a percentage for each lead or sale that they make).
As a matter of fact, there are 3 major types of affiliate marketing programs.
i. Cost per lead (CPL) - This is when an affiliate is paid based on each lead he is able to generate for a company. Lead(s) mean potential buyers.
ii. Revenue share - This is a business model where the company shares the overall revenue with an affiliate based on the customers the
affiliate referred to the company.
affiliate referred to the company.
iii. Cost per sale - This is the type of affiliate program run by sites like Amazon, Expertnaire, Clickbank etc
With cost per sale, affiliates are paid a certain amount of commission based on each product sales they generate.
These can be digital or physical products.
With cost per sale, affiliates are paid a certain amount of commission based on each product sales they generate.
These can be digital or physical products.
Digital products are products that can be delivered electronically - E.g. Software, online courses, ebooks, audios etc
Physical products are products that have to be shipped to the customer - E.g. phones, clothes, electronics, shoes etc
For the purpose of this Topic, the type of affiliate marketing we will be focusing on is this Cost per sale model.
(2) The amount of commission an affiliate gets per product sale is set by the merchant ( who is the product owner).
Lets say the merchant owns a Beauty product that sells for #30,000
The merchant can decide to pay affiliates 30% of each beauty product sale.
Whish for example will be 30% of #30,000 is #9,000 the affiliate gets for each sales made.
The affiliate helps the merchant by helping him get a sale & a customer & the merchant rewards the affiliate with a commission per product sale.
What this means is - The affiliate doesn’t have to produce or import any product. They don't even have to deliver it to the customer.
All they do is to refer a customer and get paid.
(3). Now, how long has affiliate marketing been around online or is it something new?
Affiliate marketing as a way of business has been around for a long time.
But according to Wikipedia, the concept of online affiliate marketing was conceived of, put into practice and patented by William J. Tobin,
the founder of PC Flowers & Gifts in Nov 1994, almost four years after the origination of the World Wide Web.
http://Amazon.com is one of the companies that adopted the concept of affiliate marketing earlier and it boosted their sales.
EXPERTNAIRE
Like i earlier mentioned on one of the three types of affiliate marketing program
3. So, what is Expertnaire?
Expertnaire is an online digital marketplace where creators of digital products (books, tutorials, courses etc.)
can get more sales for their products via the help of affiliates.
So, what this means is that on Expertnaire, there are creators/merchants (also known as vendors) - These are people who own digital products & are looking for sales.
Then we have affiliates who are willing to help the vendors get sales and they (the affiliates) get a commission per sale.
The Expertnaire platform bridges the gap between these two parties.
Expertnaire makes it easy for an affiliate to have access to various products from different merchants.
The Expertnaire platform takes care of the sales tracking and reporting so that no party is cheated.
Expertnaire makes it easy for an affiliate to have access to various products from different merchants.
The Expertnaire platform takes care of the sales tracking and reporting so that no party is cheated.
Expertnaire also takes care of customer support, product delivery and other little issues that might come up.
So, this is an overview of how it works:
A vendor (someone who owns a digital product) lists their product on Expertnaire.
He provides the price for the product & how much commission he is willing to pay per sale.
An affiliate (someone willing to make money by selling the products in exchange for the commission) looks through the affiliate platform & picks 1 or more products they want to promote.
The affiliate then goes ahead to promote the product(s) using his affiliate link (a unique link that makes it easy for the Expertnaire system to track which affiliate made the sale)
When the affiliate promotes the product, a potential buyer sees it, and then clicks on the affiliate link to check out the details of the product.
If it is something the person is interested in, they go ahead to buy it.
Once there is a purchase, both the vendor & affiliate gets notified via mail with their percentage for the sale.
The Expertnaire system detects which affiliate referred the sale & the affiliate gets the specific commission for that product in their Expertnaire affiliate account.
Expertnaire pays out whichever amount the affiliate has in their PAYOUT section on Fridays.
It is as simple as that.
Unlike many platforms, Expertnaire places a strong emphasis on high quality digital products.
Before a vendor can list a product on Expertnaire, the product goes through some tough scrutiny to ensure that it is valuable for the buyer and to also ensure that it is promising for the affiliates who might want to promote it.
Right now, there are over 60 high value digital products on the Expertnaire platform and the product owners (vendors) offer affiliates between 30 - 90% commission per product sale.
Most actually offer 50%.
On Expertnaire You can sell affiliate information products on topics like business, How to relocate to canada, weight loss, freelancing, e-commerce e.t.c
Just pick a single good product and you can make millions
But now someone will ask "how do I get customers"
Your customers are everywhere, Facebook, Instagram, Google, twitter, WhatsApp.
I have a friend that made 3 million naira is 4 months selling affiliate products on WhatsApp.
He didn't run a single ad,
there are other several ways you can make millions online,
But Affiliate marketing is a business that doesn't require very huge capital to start and as an affiliate marketer you are helping people solve various problems, needs and you are getting paid doing so.
And now you might be curious how can a person like me do this i work a 9-5 or i'm a student well here's the thing
Affiliate marketing can be done by everyone, whether housewife, school dropout, business person, graduate or a working person.
Now how can you become an affiliate marketer you probably have zero idea on how this works nor how you can become successful in this business
That's where the 72IG training Program comes in
(4) So, what is the 72IG training program?
The 72IG training program is just one of the online courses on the Expertnaire marketplace and it was created by Toyin Omotoso
.Now who is this Toyin Omotoso!!!
Toyin Omotoso is a Nigerian internet marketer, affiliate marketer and business consultant, has over 10,000 students with over 10 years of sales & marketing experience online and he is the founder of the affiliate marketing program/platform “Expertnaire”.
So, based on his over 10 years of sales & marketing experience online, he created the 72IG online training to teach people how to sell online.
The 72IG online course is made up of training videos, PDFs & a weekly mentorship online class where he and his team help students with more training & help them with their challenges.
This &2IG course teaches everything about selling online from basics to advance level so with the knowledge contained in this course you're not only learning how to sell digital products but selling in general and scale up your business
PS: if you wish to know more on this affiliate marketing business and how you can start from the comfort of your home then click on this link https://tinyurl.com/yuzfptc8 to watch this free video
If you want to message me on WhatsApp to ask question or just connect with me then send me a message on WhatsApp with this number (08135142234)
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