5 Reasons Why You Should Start Affiliate Marketing in Nigeria

The economy is in the tank and it's not new, living in a country where it seems everything is designed for your failure. From Twitter bans to bans on crypto transactions, jobs not available, you could feel a little lost. Here is where affiliate marketing comes in.

If you've never heard of it, you are probably wondering what is affiliate marketing?

Affiliate marketing is a process where you earn money known as a commission for marketing a person's or company's products/services. Sometimes this also means you drive a sale. The affiliate marketer is a link between the seller and the consumer, by searching for a product they enjoy, the affiliate marketer promotes that product and earns a piece of the profit from each sale they make. The sales can be tracked via affiliate links from one website to another. 

Now, I know what you're thinking, how do I promote these products. Let's first see why you should begin affiliate marketing.

Here are 5 compelling reasons why you should start affiliate marketing

1. Affiliate marketing provides a Passive income.

Working a 9-5 in Nigeria is nothing more than frustrating, from commute time to the actual work, where you sometimes have overbearing bosses and lazy non-committed colleagues that slow down your work output. Even if you do not have a '9-5', starting a business can be very difficult from getting funds for your capital and other aspects of starting a business. Affiliate marketing offers you the ability to make money on your own terms. All you need is to invest some time and you’ll be able to launch campaigns and receive revenue from products created by sellers while working from the comfort of your own home. Even long after you've finished your work, your marketing skills will be earning you a steady flow of income.

2. Affiliate marketing is Cost-effective.

As mentioned earlier, most businesses require a large amount of cash to start up, as well as finance the products being sold. Affiliate marketing can be done at a low cost, with limited tools/ equipment, this means that you start as quickly as possible. Even if you invest in any fees for your affiliate marketing this will mostly be for your personal development and not the business itself. Also, you do not get to deal with consumer complaints, whether the customer is satisfied with the product or not, and subsequent customer support is for the seller of the product only, as long as you have received your commission for a sale.

3. Affiliate marketing rewards you based on your Performance.

The rewards you get from Affiliate marketing is based on your performance. So this depends on how committed you are. The more time you spend on it, the more you're bound to make, of course, this depends on how effective your work is. Sharpening your skills in writing engaging campaigns and promotions will have a direct effect on your revenue. 

4. Affiliate marketing is flexible.

So you've been seeing 'writing, writing, writing,' and you're wondering I don't know how to write a short story how much more a campaign. Don't PANIC! Affiliate marketing is flexible, there are various forms of becoming an affiliate marketer, and numerous platforms (unfortunately, the number of affiliate marketing platforms may be a little limited in Nigeria, however,,, they're still enough for YOU to choose from). From Social Media Influencing, Blogging, using microsites etc, you could choose what works for you.

5. You can earn in foreign currencies.

With the value of the naira dropping every day, some affiliate marketing platforms allow you to earn your commissions in foreign currencies such as the US Dollars, what better way to safeguard and maximize your profits.

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