In this training, I will teach you how to make money online with Konga and Jumia affiliate marketing.
Affiliate marketing is a unique marketing business. In affiliate marketing, you simply recommend a product or service to someone, when the person buys that product or service, they pay you a commission from the sales. Jumia and konga are the best affiliate marketing companies in Nigeria that you can earn a living from.
In this training, you will learn;
- The meaning of affiliate marketing
- How much you can make from affiliate marketing business
- How to start affiliate marketing business using konga and jumia affiliate
- Tips to make money from affiliate marketing
- How to promote the affiliate products
- How you will get affiliate payment in your bank account in Nigeria
What is affiliate marketing?
Like I said earlier, affiliate marketing is a referral based marketing business. You can make money from affiliate marking by promoting products or services. If the person buys the stuff, you will be paid an agreed commission on each sales.
How Much Can I make from Affiliate Marketing Business?
The amount of money you can make from affiliate marketing business depends on a lot of things.
These are ;
(a) Commission rate: The higher the commission rate, the higher the earnings. See for instance, all konga fashion products have a commission rate of 9%. This means that if you are promoting a wedding dress of NGN 85,000, If the person buys the wedding dress, you will be paid NGN7,650 per sales. Other categories like electronics or phones has 3% commission rate.
(b) Price of the Product. Sure, the higher the price of the product your are promoting, the higher the commission rate. See for instance, if you are promoting a product like LG 55 Inch 3D Smart TV of NGN470,000, and the person buys it, your commission per sale will be NGN14,100. Have you seen that? This means that you can make NGN14, 000 in just one referral.
(c) Buying Rate: This is rate at which a product is bought. There are products that are frequently bought. These are fashion, foods, toiletries etc. Also, there are complementary products too. A Typical example is women dresses. So, if the product you are promoting has high buying rate, you will make more money.
(d) Your marketing Strategy: Of course, every successful business needs a good marketing strategy. Marketing strategy are those things you do to increase sales in your business. If you are using blog or website to send referral links, make sure you have high targeted traffic. The higher the web traffic, the higher the sales and the higher the commission. Another good marketing strategy is a working email list.
So, how much can you make from Konga and affiliate marketing? From my analysis above, you can see that there is no specific amount, one can make from konga affiliate marketing business. The amount you can make depends on the factors I explained above.
Some people make above NGN200,000 per day. Me I make at least NGN5,000 per day. You can do more.
How to start konga and jumia Affiliate Marketing Business