blog-post-banner
Blog / Affiliate marketing

Affiliate marketing - pros and cons

Support Bodorek

5 September 2020
482
0

Affiliate marketing is not a new thing. It is a way of earning money on the Internet available to everyone. However, this is not the only way to generate profit without leaving your home. How does affiliate marketing compare to other ways to make a profit? Let's check it!

What is affiliate marketing?

Affiliate marketing - pros and cons


The scheme of operation is very simple. There is a company - an advertiser who wants to increase the popularity of their product. They want more sales, more installation of the mobile application, or more users subscribing to the newsletter. These are just examples. The goals an advertiser can achieve are virtually endless. So they added his product to an affiliate platform such as MyLead.


Then publishers - users of the affiliate platform can start their work. You can also be the publisher. All you need is an account in an affiliate network such as MyLead. At the moment, MyLead has over 100,000 users. These are the people who can take the product and promote it through their unique link. Where to promote such a link? Wherever you want! On Facebook groups, blogs, forums, comments, and even among friends!


Each action, determined by the advertiser and performed by the client on the publisher's recommendation, is remuneration directly to your account. From it, you can conveniently withdraw money to your bank account or one of the popular online payment systems.

Why is it worth it? Advantages of affiliate marketing

Advantages of affiliate marketing


Anyone can earn


In most affiliate networks, absolutely anyone can set up an account. Marketing experience or education is not important. The creativity you definitely have is enough.


Of course - knowledge will certainly be useful during earning money and will open the door to more promotion opportunities. Fortunately, affiliate networks are very eager to share their knowledge and provide their users with ready ideas for earnings. So all you need is the will to develop. It will allow you to earn money conveniently.


Some affiliate networks have mentors - earning teachers who lead you step by step to profit. One of such networks is MyLead. You can arrange an interview with a mentor who will answer all your questions. Such a call is always free - you pay nothing for the support from the affiliate network.

You earn as you like


When working remotely, you sometimes have specific working hours. In affiliate marketing, you work when and how you want. You can start work both in the morning and in the afternoon. You can work anywhere - in front of a desk or on a paradise beach. All this means that affiliate marketing gives you great freedom.


In addition, thanks to this, affiliate marketing does not have to be a full-time job. You can use affiliate marketing to just add extra money to your home budget.


You don't need a company


Affiliate marketing doesn't require you to have a registered company. You can earn fully legally as a private person.


Affiliate marketing is a lot of money


Completing online surveys gives you around 10 cents for each survey. In affiliate marketing, you can earn up to several thousand dollars for one customer. Advertisers often pay very high amounts for the acquired customer.


Lots of possibilities


There are tens of thousands of different affiliate programs. This means that no matter what product you want to promote, you will definitely find something that matches your source of traffic.

There are disadvantages of affiliate marketing?

Disadvantages of affiliation


To receive the money, the client must take action


In affiliate marketing, the most popular models are the ones that require action. Just clicking on a link is not enough. The customer must purchase, download the application, fill in the data, or perform some other action.


The easiest way is to earn nothing


The obvious fact is that it's easiest to earn $ 0 and hardest to earn something. In affiliate marketing, you get money for the goal. So if you don't reach your goal - you don't get the client, you won't get paid. Fortunately, it's not as difficult as it sounds.


Need to analyze


Although affiliate marketing does not require you to spend a specific amount of time, it does require patience. You should test different affiliate programs, different monetization models, constantly analyze your results. This will allow you to achieve better and better results.


Valuable customers


The advertiser wants to pay for customers who will be valuable to him - those who will bring profit to his company. Affiliate marketing requires you to generate high-quality traffic - get real people interested in a given product.


Let's summarize

Affiliate network pros and cons comparision


It's definitely worth giving affiliate marketing a chance. An affiliate network account is free, and it's a great way for consistent and additional profit, without any obligations.

Which network to choose for affiliate marketing?

Affiliate important things


Choose a proven affiliate network to earn money from affiliate marketing. When choosing an affiliate network, it is worth paying attention to several important aspects:


  • credibility - how long has the company been on the market? What are the opinions of the company? How many users do they already have?
  • payouts - what is the minimum payout level? The lower the better - you can test your earnings and withdraw little money to make sure it gets delivered.
  • offer width - how many partner programs are offered by the affiliate network? Does it have anything you will be interested in and be able to promote?
  • support - how fast does support respond? Can you count on them when you have problems?

Earn money with MyLead


MyLead adventages


MyLead meets absolutely all your expectations. Mentors who teach earning and lots of training materials. Withdrawals to your account from USD 20 delivered within a maximum of 14 business days. Contact with support 24/7. This is MyLead. Join us now.