Affiliate marketing technology and passive income

The contents:
Basics of affiliate marketing technology; Pros and cons of affiliate programs; Affiliate marketing technology: a step-by-step algorithm of actions; How much you can earn; TOP 7 ways to earn money in affiliate marketing; Recommendations for increasing your profit.
Basics of affiliate marketing technology
Pros and cons of affiliate programs
Not being able to monitor sales progress. The high level of competition. Long process of reaching a stable income. Loss of reputation if the partner product turns out to be of poor quality. There is a possibility that the registered referral will not be assigned to you in the event of a failure.
lack of any investment at the initial stage; ability to promote your product online without visiting the partner's office; no need to create and move products (this is done by the partner); ability to combine with other types of remote business; high chance of receiving passive income.
Affiliate marketing technology: a step-by-step algorithm of actions
Search for a suitable partner. It should have a good reputation and attractive terms of cooperation. The study product. To sell a product or service, you need to study it well. It is advisable to form your own opinion and voice it to potential buyers. The choice of method of product promotion. You can combine several options. The most common ones include posting on social networks, a blog, or a thematic site. You can also use advertising banners and make e-mail newsletters. Implementation of the project. When starting the process of introducing a product to the masses, you need to decide on a strategy. It is important to work carefully on the sales text. If you don't have the necessary knowledge, you can contact a copywriter. But in this case, additional investments will be required.
How much you can earn
as a percentage of the referral program; sales performance; audience reach; the number of resources used.
TOP 7 ways to earn money in affiliate marketing
Revenue per click. This is about placing ads. It is one of the most effective ways of promotion. You can place ads on your own site or on a specialized one. In the second case, you can use Youtube, Yandex Zen, or other platforms for posting content for free. Getting a percentage for selling a product. Payment is credited only if the user clicked on the link and purchased the product. Profit from each impression. In this case, money is awarded for each viewing of advertising material. Some platforms pay for every 10/100/1000 the impression. Revenue for any action on the partner's site. Not only the purchase is counted, but also registration, navigation on the site page, subscription, etc. Attracting new referrals. This is where the network marketing principle works. The result largely depends on the specifics of the company's work and its reputation. Promotion of cashback services. The system implies not so many earnings as savings on your own purchases. An additional bonus, in this case, is various incentives for attracting new users. Sales of air tickets, hotel stays, tours, etc. In these cases, in addition to participating in the affiliate program, you may need to purchase a franchise.
Aviasales; Epn; Realpush; Evard; AdWool; Shakes Pro.
Recommendations for increasing your profit
When promoting a product, you should constantly monitor the latest trends. This will allow you to keep your conversion rate at a high level while being competitive.