what is affiliate marketing and how does it work - 5 minutes read
what affiliate marketing is. And how does it really work? Stay tuned. Hey, what are up guys. ODI Productions here. If you’re new to this channel let me just give you guys a quick background about me.
My name is Odi go by ODi Productions on YouTube. I have about 33,000 subscribers right now. And a little over ten million views. So I am a full-time entrepreneur and affiliate marketer. And two years ago I actually dropped out of the most applied-to-school on the planet and my dream school, UCLA with a 3.
5 GPA my senior year to pursue entrepreneurship and online business. Thankfully I found affiliate marketing which has given me the lifestyle of my dreams today just two years later. I live in my dream apartment here in downtown Chicago. You guys want to peep the view. Peep the view for a second right here.
Do a little pan, nice and easy. And every single day I get to drive my dream car which is a custom Porsche 911 Turbo. I’m gonna put some clips or something right here. But anyway let’s get on with the video. I want to teach you guys what affiliate marketing is. So I’m going to show you guys the basics.
Just explain how it works and I’m going to hop into my computer actually. And show you guys some real examples and show you step by step how people are using affiliate marketing these days to make money online. And trust me when I say this, everyone does affiliate marketing. Literally everyone. All the famous YouTubers, all the tech reviewers, people on Instagram, all those fitness people.
Big companies like Uber, Lyft. Blogs like Smart Passive Income. And even small food blogs, “small” food blogs do affiliate marketing. So, let’s just hop into the computer so I can give you guys an actual click-by-click, step-by-step on how affiliate marketing works and what it is. Alright, let’s get into it.
Alright, so we have transported inside of my computer using a little technology called Magic. And now I’m going to show you guys step-by-step some real-world examples of how affiliate marketing works and how it is used in the real world. But just to get things started, a basic description at its core of affiliate is that it is just referrals, okay.
So affiliate marketing it’s kind of a fancy term for just referrals. It’s basically referring people to products and services of companies that are not your own and then receiving a commission if those people sign up or take action upon your referral. Usually through a link. So just to give you guys a quick, quick example.
So this is my video. It’s a review of a very popular headphone called the Audio-Technica ATH-M50x, which I actually have right here. It looks a little different from the video because I put some skins on them. But basically, you guys can see 300,000 views. And if you scroll down to the description, the first thing you see here is an Amazon link.
And you guys as long as you weren’t born yesterday, if you watch any sort of tech review on YouTube, you’re gonna see Amazon links or some sort of funny-looking links in the description, And nine times out of ten those are affiliate links. And what is an affiliate link? Basically, Amazon Associates if I just go right here, it is Amazon’s affiliate program.
Let’s just log out of that real quick. So Amazon Associates is Amazon’s affiliate program. And as you guys can see, earn up to 10% advertising fees with a trusted e-commerce leader. So if you join Amazon Associates which you guys can do today. It’s completely free but you might need to have a website to get approved.
Some people can without it. But I would have a website just in case. Alright, guys so if you log in and then you just look up products for Amazon Associates that you can promote. As you can see here we have the M50x. And all you have to do is click here, and then get the link which basically is the personalized tracking link that you can include in your videos, on your website, on your landing page.
And then this link is personalized to your account. Now what that means is it has a tracking code through cookies. Where if somebody clicks that link it’s gonna be tracked back to you. And for Amazon Associates at least, if somebody buys anything from Amazon, not just the product which is the headphones.
If they buy anything within 24 hours, you receive a percentage of the commission. Now, the commission ranges. It definitely ranges based on the product category. It can range from 4 up to 10%. So if I just look up Amazon Associates rates then we can actually see each specific product category and how much they pay.
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