Affiliate Marketing

“Affiliate Marketing Spend in the US will reach $6.82 billion in 2020.”

- Digital Trend Report, 2020

What is affiliate marketing?

Affiliate marketing is the practice of earning commission while promoting someone else’s business. Imagine sitting down for coffee with a friend and describing why this became your favorite brand. Now imagine earning a portion from this brand’s profit when your friend bought this because of your endorsement. Most say this is a win-win situation. A form of passive income based on an effective incentive structure.

For business owners, affiliate marketing can be a useful strategy once a system is in place. They can have their marketers promote their products in return for a commission just like in Amazon. Many affiliate partners claim that their success is grounded in establishing their credibility first. Make-up gurus who recommend cosmetic products is a logical step. Asking vloggers to review and promote toy products is another. Clearly, reliability is a strong factor in making affiliate marketing work. Brands get dibs in the network of their affiliates and when a purchase is completed, commission is underway.

Why affiliate marketing?

• There are no thresholds to be set and met. Commissions are eligible on each successful sale only.

• This offers a low-friction-to-market opportunity for the affiliate marketers.

• Your brand is placed in front your affiliate’s networks.

Our strategists at Nitro Impact understand how affiliate marketing can be valuable with the right traffic. By keeping the key steps in mind, your business can dominate and earn money while you sleep. Talk to us and discover whether affiliate marketing is right for you.