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EP - 003 - What is Affiliate Marketing & Is it still profitable in 2021?
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Affiliate Marketing has been in the market for so long. There have been a lot of changes but is it still profitable?
Today in this podcast, I will be clearing all the doubts while answering the top 5 Questions around it.
- What is Affiliate Marketing?
- Revenue Sharing Model
- Earns part of the revenue from selling the Product
- What are the various parts of the Affiliate System?
- Publisher/Merchant
- Consumer
- Affiliate Marketer
- Is Affiliate Marketing Still Profitable in 2021?
- Yes.
- Amazon/Clickbank/JVZoo Affiliate Systems are growing like crazy which tells Affiliate is Still Active.
- Pat Flynn & Neil Patel are a great example of this growth
- What is the difference between the Transaction and Relational Model?
- Transactional --> Based on quick revenue. One time System
- Relational --> Based on Trust, Long term Potential
- How to Become Profitable with your own Affiliate System?
- Passion --> What you are good at
- Niche --> The area where People are having Problem and can be solved by your Passion
- Solution --> Method Blog/Podcast/Videos to help the Niche while promoting Affiliate Products.
Free Resource: Niche Clarity Guide
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