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oday we will talk about what AFFILIATE MARKETING is, and how you can use it to increase your dropshipping business. Also, we will share 3 awesome tools that you can use to set up your own Affiliate program.
What is AFFILIATE MARKETING / How AFFILIATE MARKETING works ?
“ AFFILIATE MARKETING is that the thanks to earn commissions by promoting others Products.
“You find a product you like, promote it, and earn a piece of the profit for each sale you make.” Dropshippers can take advantage of this marketing strategy by creating their own affiliate marketing Program. To do this, you ask affiliate people to market your product in exchange for commissions they create on sales.
To see this action, let’s take a look at how MVMT uses the affiliate program to propagate their watches and sunglasses. They have an affiliate program page on their website, which details the major information affiliates to need to know.
They show that commission affiliates can expect to earn on every sale that they make to the watch brand — in this case, 10% of sales. And, they tell you that the referral period is 15 days.
This means that after the customer clicks on the affiliate link, they must purchase it within 15 days for the affiliates to collect their 10% commission. In addition, MVMT clearly states that money affiliates can earn to promote their products.
This can help entice colleagues to join. We can tell from this information that if an MVMT associate had to sell a product in one day, they could make $ 405 per month.
But, if they sell 100 products per day, they can earn $ 40,500 every month. Keeping all these things in mind, let’s know how to set up an affiliate marketing program for your dropshipping business.
First things first. You need an app to help you create and manage your affiliate program. Let us walk through 3 great options.
How to Start Affiliate Marketing in India / How to start Affiliate Marketing with the internet and website?
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