Last week, I wrote about the December Delight opportunity by Fewchore Finance Company Limited.

That article is an example of affiliate marketing which is the subject of discussion today.

Affiliate Marketing is a business model where you sell other people’s products for commissions. People who engage in such business are called affiliate marketers.

Affiliate marketing is a performance-based marketing strategy that involves promoting products or services on behalf of a merchant. It involves promoting other people’s products or services and earning a commission for each sale made.

Affiliate marketing is a popular way to make money online in Nigeria because it requires little to no investment, and you don’t need to create your own product or service. Instead, you can promote other people’s products or services and earn a commission for each sale.

Typically for any product or service offered by a merchant, there is a marketing team behind it. However, when there is the need to scale from referrals in a way that is quick and effective, a cost-effective way is to use affiliate marketing.

This is where the affiliate marketer comes in. The affiliate marketer is a result driven professional who takes an agreed upon commission for each successful sale.

Reasons to Consider Affiliate Marketing

  1. Low Startup Cost
  2. Quick Returns
  3. Easy to Scale
  4. Passive Income

How to Start Affiliate Marketing

  1. Choose a Niche
  2. Research Affiliate Programs
  3. Select an Affiliate Program
  4. Create a Website or Blog
  5. Promote Your Affiliate Products or Services
  6. Monitor and Optimize

Affiliate Networks Available to Nigerians

  • CJ Affiliate
  • ShareASale
  • ClickBank
  • Amazon Associates Program
  • AliExpress
  • Expertnaire
  • WhoGoHost
  • QServers
  • Jumia
  • Konga

With Nigeria’s large online market and increasing e-commerce penetration, affiliate marketing presents a lucrative opportunity for entrepreneurs and digital marketers.