Making money online in Nigeria has become easier when compared to years past. Many digital entrepreneurs are taking advantage of these opportunities for their betterment. Among the profitable online methods of making money, affiliate marketing is still a top idea.
The affiliate market has become the major source of income for many digital entrepreneurs in Nigeria and beyond. Affiliate marketing is a very lucrative “digipreneur”.
It is one of the methods by which you can make money online without an initial investment. That is to say that you don’t need much capital to start the business. Another important aspect of affiliate marketing is that you don’t need to store any product or involve yourself in the delivery service.
What is Affiliate Marketing?
Affiliate marketing is more like other business of buying and selling. However, requires you to act as a middle man bridging the gap between seller and buyer.
By definition, affiliate marketing is a method of earning a commission by helping to promote other people’s products online. You need to sign up for the program, find a product you like and promote it. Each time a buyer purchases the product through your link, you earn a commission from the seller.
Affiliate marketing can be an amazing sales channel for online businesses.
How Affiliate Marketing Work
Once you sign up for an affiliate program, you need to select a product you like to sell. Then the company will provide you with a referrer link, unique to you, which you can use to refer buyers to purchase the product.
Once the link has been provided for you – copy it and start sharing to draw traffic to the product.
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To succeed as an affiliate marketer, you need to choose the best medium to reach potential customers. Remember, without making sell for the company, you won’t be paid. You can even referrer people from offline to the product. Once a person clicks on the link given to you, he/she will be redirected to the product site.
Top Affiliate Marketing Programs For Nigerians
To start affiliate marketing in Nigeria you need to first identify the affiliate programs that are paying well. You should also understand that every affiliate network has its pitfalls and benefits. Thereafter, you can choose the program to opt for. You can decide to sign up for more than one affiliate program, there is no restriction.
Here are the renowned affiliate programs in Nigeria
Affiliate Marketing Programs In Nigeria
Jumia is a reputable brand in Nigeria when it comes to the eCommerce industry. The company offers its affiliate partners up to 11% commission for every sale made on their site through your special link. I believe their affiliate program is very good. If you have a blog, you can sign up for their affiliate program. Also, note that you must not have a website to participate. You can leverage your social media to run the program and still make your money.
Konga is another giant company when it comes to the eCommerce industry in Nigeria. You can monetize your social media page, blog if you have a significant amount of visitors with this program. All you need do as usual is to sign up, copy your special link and start posting it online. Any customer that buys the product you are promoting, you get credited for it.
Konga affiliate commission varies depending on the category of product you are promoting. For example, you get a 3.5% commission for the sale of Fashion products and 2.5% for the sale of electronic / accessories. Click here to check out their various earning here if you want to join the program.
Amazon is a company own by Jeff Bezos, the richest man in the world. Amazon is a company founded in 1994 in his garage in Seattle.
Amazon Affiliate Program otherwise known as the Amazon Associate is the most popular affiliate on the internet.
However, to become an Amazon affiliate, you must have a website/blog, a YouTube channel or an App. So, if you have any of these, then is a very profitable avenue to start earning money. You can proceed to the Amazon Associates homepage and create your associate account.
Once all said and done, your Associate account will be approved for 180 days. Of which you must make a sale, else, have your account closed. You can as well reapply for the affiliate program.
Note that for you to request for payment from the affiliate program, you should have earned up to $10 if you want a direct bank deposit or an Amazon gift card. And a $100 if you want to be paid by check.
The giant China Company, AliExpress offers you a great platform to make money through its affiliate program. Once you sign up for this program, you get a link and banner to promote. If a customer buys their product through the link, you get credited with a commission for the sale. You don’t need to worry because your link is unique to only you and all transactions are traceable. Like Konga, they don’t have a fixed rate. It depends on the product. Payments are made on a monthly base and you must make up to 10$ before you can request to withdraw.
Shopify is an all-in-one eCommerce platform that allows you to sell your products online. So, whether you are launching into the space of marketing as an affiliate, this may just be the program for you. To become an affiliate and make money from it, you only need to refer to the company's new merchants.
To make a considerable amount of money as an affiliate marketer, you need to be knowledgeable about how the internet works, strategize and be consistent. Most persons start today and expect to wake up and see millions in their accounts. It doesn’t work that way. Without proper planning, success can’t be achieved, not just as an affiliate marketer but in business.