Table of Contents
What is Affiliate Marketing? How to Use It? Why is it Important in the Online Market?
Online commerce has grown exponentially. Affiliate marketing is a golden opportunity for those who want to earn income through online channels. With low investment but unlimited revenue opportunities, Affiliate Marketing in Thailand has grown rapidly and has become the most eye-catching Affiliate business this year. 2024
What is Affiliate Marketing?
Affiliate Marketing is a marketing model that allows individuals to earn money by introducing brand products and services through their own online channel. Online brokers are paid commission fees when trading or activities are required.
Not only does this system benefit Affiliate players, but it also enables brands to expand their customer base and increase sales effectively by paying for their performance. Affiliate Marketing is a question that many people are interested in because it is an easy-to-start and highly flexible business model.
Affiliate Marketing has elements. Anything?
Affiliate Marketing consists of 3 main components that work in harmony as follows:
- Seller and product creator is a manufacturer or owner of a product that wants to expand sales channels through Affiliate. They will set terms, policies and commission rates and provide tools and marketing materials to support Affiliate’s work.
- The affiliate or publisher is an affiliate that promotes products and services through its own channels, whether on websites, blogs, social media or other platforms. They must create interesting content, plan marketing and develop strategies to attract the target audience.
- Customers are targeted at receiving information and offering products through Affiliate’s channel. Their decision to purchase will lead to commission payments to Affiliate and generate revenue for manufacturers.
Affiliate Marketing has the following revenue formats:
There are many interesting ways to generate revenue from Affiliate Marketing, each of which is appropriate for different products and marketing strategies as follows:
- Payper Sale (PPS):Affiliate will receive a percentage commission on sales. For example, if you sell a product for 1,000 baht and receive a 10% commission, you will receive 100 baht per sale. This model is suitable for high-priced and high-margin products.
- Payper Lead (PPL): Payments are made when a user meets a specific goal, such as signing up, signing up, or filling out forms, without the need for trading. Payments are usually constant per one lead, suitable for service businesses that want to create new customer base.
- Payper Click (PPC): As the simplest form, Affiliate gets paid every time someone clicks the link. Although it has a lower pay-per-time rate than other forms, it can generate revenue quickly if there is a lot of traffic, suitable for websites or platforms with high visitors.
5 Ways to Affiliate Marketing Professional Salesman
Success in this field does not depend on luck, but requires effective techniques and planning. The five methods of affiliate marketing are as follows:
Apply for an account or website to promote Affiliate.
A good start as an online broker must be made by choosing the Affiliate Marketing platform that fits our goals. The leading platforms in Thailand have a number of options such as Shopee Affiliate. The Lazada Affiliate or AccessTrade, each platform with different terms, conditions and commission rates, needs to be carefully studied to plan for optimal performance.
Join Affiliate Influencer
After selecting the platform, the next step is to apply for the Affiliate program, which requires qualification verification and authentication. This process may take 1-2 business days while waiting for approval. You should study the tools and features that the platform provides, such as sales tracking systems, link generation tools, and performance reporting. To get ready to start working as soon as it’s approved.
Select the product of interest.
Choosing the right product is at the heart of Affiliate Marketing’s success. We should choose products that we truly understand and love. This will help us to understand the strengths, limitations and benefits of the product.
Creating Attractive Content
Creating quality and interesting content is key to successful Affiliate Marketing. Content should be available in a variety of formats and presentation methods, such as detailed review articles, video demonstrations, photos and sharing experiences. It takes into account the accuracy, reliability and benefits of the reader.
the promotion of goods
Promoting products in the digital age requires a variety of strategies and is appropriate for each social media channel. Each platform has different presentation styles such as Instagram, NikTok, and short videos that are fun and interesting. Facebook is suitable for writing detailed reviews and creating communities. It should also use SEO techniques. To make content more searchable and accessible to the target audience.
Include tips on how to do Affiliate Marketing who? I wanted to buy it.
Affiliate Marketing relies on compelling techniques and effective confidence in buyers. In this topic, we’ve gathered key tips to help you create content and strategies for who. I’d like to buy some goods and services from you.
choose a product promotion according to one's preference
Choosing our favorite and practical product is the cornerstone of Affiliate Marketing’s success. You can gain insight, reliability and trust from followers. Sharing a hands-on experience will help consumers find your advice valuable and interesting. Working with the products we like also creates motivation for continuous and happy work.
Select a regularly used online platform.
Successful online agents tend to use familiar and specialized channels because they understand the target group’s behavior and effective presentation style. The product’s attention base increases the likelihood of closing sales and continuing to build and develop content without the need to learn new platforms from scratch.
Find out how to create content that's specialized.
The development of unique presentation formats will help distinguish yourself in Affiliate Marketing. Finding your own strengths and developing content creation skills is important. Whether it’s writing fun and easy to understand reviews, making interesting videos or taking pictures, it’s your own style.
select a product based on the price of goods and commissions
Cost-effectiveness analysis between goods and commissions is a key factor in making Affiliate Marketing profitable. Higher-priced products may be more expensive, but they may be more difficult to sell. Meanwhile, low-priced products may be easy to generate stable income in the long run.
Advantages of Making Money with Affiliate Marketing
Online monetization is becoming popular, making Affiliate Marketing a popular choice among modern marketers with the following advantages:
generate passive income
Affiliate Marketing is one of the most effective methods of passive income. When you create quality content and have a good working system, you can continue to generate revenue even when you’re not on the computer. The content you create will work for you 24 hours a day, especially when using a good SEO strategy. It is an effective automated marketing strategy.
No inventory is required.
Affiliate Marketing allows you to be the only medium for product introduction without being responsible for inventory, delivery or after-sales service, allowing you to focus fully on marketing and content creation, so online brokers don’t have to worry about product management and customer complaint management risks.
Work anywhere.
Flexibility is an important benefit of Affiliate Marketing. With computers and the Internet, you can work from anywhere, anytime without a fixed office or schedule, allowing you to freely allocate time and better balance your personal life with work.
There's no need to invest much.
Affiliate is one of the lowest capital-intensive business models. You don’t need to stock up, rent or hire employees. Key costs may include website domains, hosting or online advertising, making it less financially vulnerable and easy to get started.
Convenient and free.
Affiliate Marketing is a highly flexible profession. You can choose to work with multiple brands at the same time, experiment with marketing strategies, and adjust your plans at all times. There are no obligations or restrictions on your work, giving you the freedom to manage your business.
be paid according to one's work
Affiliate Marketing’s remuneration system is fair and transparent because revenue is based on actual performance, the more efficient it is, the more likely it is to generate more revenue, no ceiling on revenue and unlimited growth based on your ability and dedication.
Summary
Affiliate Marketing is the ideal business opportunity for the digital age with low investment, low risk and unlimited revenue opportunities. This makes it an attractive choice for those who want to start an online business. Success depends on choosing the right product, creating quality content, and continuing to develop marketing strategies.
CIPHER’s team is ready to advise and support your Affiliate Marketing. With experience and expertise, we will help you successfully earn online revenue through Affiliate, and provide professional integrated digital and social media marketing services.
Frequently Asked Questions (FAQs)
What is Shopee Affiliate?
Affiliate Shopee is a marketing partner program of Shopee platform that allows online brokers to generate revenue by introducing products on the platform through special code sharing. When purchasing a product over the link, the recommender will receive commissions at a specified rate.
What is an Affiliate Program?
Affiliate Program is a marketing program created by a brand or company to enable individuals to partner in the sale of Affiliate Marketing products and services. Depending on the policy and conditions of each program, different sales tracking systems, remuneration and support tools.
How to do Affiliate Marketing?
Initialization of Affiliate Marketing has the following main steps:
- Select a platform and apply for participation in the program.
- Study and select the product you want to promote.
- establish one’s own marketing channel
- develop quality and interesting content
- Use a variety of marketing strategies to reach the target audience.
Affiliate Marketing in Thailand?
Affiliate Marketing in Thailand has many leading platforms such as:
- Shopee Affiliate for general merchandise on E-Commerce platforms
- The Lazada Affiliate has a wide range of products and an accurate tracking system.
- AccessTrade combines a variety of leading brands.
- DeepLink focuses on financial products and investments.
- Agoda and Booking.com for travel and accommodation businesses
What is Affiliate Marketing?
Affiliate Marketing is an online marketing strategy that consists of 3 parties involved:
- Seller or Product Creator: Owner of products, services or media channels
- Affiliate or Advertiser: Promoter of products to generate income
- Customer: Buyer of goods or services
Affiliate Marketing Advantages and Disadvantages?
Affiliate Marketing is an interesting business opportunity for those who want to generate income online. The benefits and disadvantages are as follows:
- Pros: Low capital expenditures, flexible working hours, and passive income generation. The important thing is that inventory management is not required and it’s easy to get started.
- Disadvantage: It takes time to build a monitor base. Revenue may be unstable in the early stages. High competition requires continuous development of marketing skills, which depends on the platform’s policy.
