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Why Affiliate Marketing Is Important in Nigeria

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affiliate marketing benefits

Why Affiliate Marketing Is Important in Nigeria

In its simplest term, affiliate marketing is an advertisement model in which a third party is paid for generating traffic or leads to a company’s goods and services. An affiliate marketer therefore is one who receives a commission for directing peoples’ attention to a particular company’s goods or services and the person deals with the said company. He or she is like a middle man between the company and the dealers.

Wikipedia explains it very well. According to Wikipedia,

“Affiliate marketing is a type of performance based market in which a business rewards one or more affiliates for each visitor or customer brought by the affiliate’s own marketing efforts. The industry has four core players: the merchant (also known as ‘retailer’ or ‘brand’), the network (that contains offers for the affiliate to choose from and also takes care of the payments), the publisher (also known as ‘the affiliate’), and the customer. The market has grown in complexity, resulting in the emergence of a secondary tier of players, including affiliate management agencies, super-affiliates and specialized third party vendors”.

Related: why you should partner with helping hands international

it went further to explain  that “Affiliate marketing overlaps with other internet marketing methods to some degree, because affiliates often use regular advertising methods. Those methods include organic search engine optimization (SEO), paid search engine marketing (PPC – Pay Per Click),email marketing, content marketing and in some sense display advertising. On the other hand, affiliates sometimes use less orthodox techniques, such as publishing reviews of products or services offered by a partner”.

More so, it stated  that, “Affiliate marketing is commonly confused with referral marketing, as both forms of marketing use third parties to drive sales to the retailer. However, both are distinct forms of marketing and the main difference between them is that affiliate marketing relies purely on financial motivations to drive sales while referral marketing relies on trust and personal relationships to drive sales”

Read also: the essence of network marketing in Nigeria

Our aim here is not really to explain affiliate marketing but to give a rundown on the merits of affiliate marketing. However, it became pertinent for a little preface for the benefit of those that are alien to the concept and idea of affiliate marketing. So let’s get down to business. Below are the benefits of affiliate marketing

Five Benefits Of Affiliate Marketing

  1. It creates Partners:

Affiliate marketing produces partners who put up a mutual relationship. The affiliate benefits and the merchant also benefits. This is called affiliate partnership. The affiliate earns and benefits through getting hosting fees through income earned and they also earn a substantial amount of money from the merchants the work with. The affiliate also has an incentive of been credited with a lead or sale when he effectively delivers traffic to the merchants website. The merchants too benefit from the arrangement. They get traffic and customers that they ordinary wouldn’t have by advertising on affiliate websites. To make it even more interesting, the dollars for advertisement are only spent when they successfully get sales through an affiliate.

  1. It Streamlines Advertisement:

Affiliate marketing provides merchants with the actual website to advertise. It provides the right niche. We will take a practical example to buttress this point. If a merchant is into animal production, it is best to advertise on affiliate websites that deals on issues about animal production. To be more specific, a merchant that is into poultry farming will advertise on a site that deals with poultry; its feed, medication and general knowledge about poultry farming. It will be dumb to form an affiliate partnership with a site that deals with crop production. The smart affiliate is to think and lean towards websites that covers your demographic, that is, your area of specialization. Much benefit abounds there because it provides dealers who visit that particular site. A rice merchant has no business with a site that deals on poultry. Hope you are getting the idea.

 

  1. Your advertising budget is used effectively:

We stated initially that affiliate marketing helps you pay for performance. Remember, the dollar for advertisement paid to the affiliate cannot be spent until a sale is made. The implication is that with affiliate marketing, you are sure getting returns on investment. It is quite different from other forms of advertisement investment. Waste hardly occurs and you are very certain of returns. You see, it is great and it is in the interest of everybody. It is awesome. You advertise and you only pay when there is a sale and by implication, you are only investing when the returns for investment have already been assured.

 

  1. Easy to track:

One of the most important benefits of affiliate marketing is that it is very easy to track. Things like click-through rates or views of your site as a result of a customer having viewed an affiliate web page are allowed by affiliate programs. This enables you understand which affiliates work and which ones do not. More so, it allows keep tab on how you are faring on different affiliate websites with different marketing tools.

 

  1. It brings Exposure:

A benefit of affiliate marketing is the exposure it brings and exposure is very fundamental to marketing strategy. When you have affiliates, your products or service is made known to the whole world. When you stay put on the appropriate sites, you stay in tune with the correct, targeted demographics. It also helps you create an image and build a brand name. These help you leave lasting impression on prospective customers. This will invariably lead to more sales.

Affiliate marketing is definitely good for business. You should try it today and move your business to a higher length and greater height.

 

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Ossi Samuel is a mafian thinker, an avid reader and writer, and political analyst. Am a humanitarian and fun loving person. I love Tech by the way and will always have your time if you have any ideas. I can be reached on Facebook

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The Correlation Between Advertising And Consumer Behaviour

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The Correlation Between Advertising And Consumer Behaviour is our major point of focus today.

Advertising is simply marketing a business, an idea, good or service using a visual or audio medium. It is a means of communicating with consumers and potential users of a product to influence their perception of a particular brand and product.

There are several channels through which advertising may be done. This includes the following:

  1. Direct selling
  2. Endorsements
  3. Flyers
  4. Hoarding
  5. Internet
  6. Magazines publications
  7. Newspaper publications
  8. Posters
  9. Radio press
  10. Social media
  11. Television

Advertising is presently done on every facet of the media: social media, internet, magazines and newspaper publications, television, radio press, hoarding, direct selling, posters, flyers, endorsements and many others.

The advertising industry is not a stand-alone sector. It consists of several sister and inter-related components which include but not limited to the following:

  1. People who create adverts
  2. People who carry and distributes the adverts
  3. Visualizers
  4. Editors
  5. Researchers
  6. Brand managers
  7. Creative designers
  8. Content creators

All these components work in relations or synchrony to each other to ensure that the products and services being broadcasted or advertised get the utmost coverage and/or publicity they deserve.

The Correlation Between Advertising And Consumer Behaviour

The Correlation Between Advertising And Consumer Behaviour

What is Consumer Behaviour?

Consumer behaviour is a study of how consumers select and purchase products and services for their satisfaction. Consumer behaviour also studies the various reasons consumers purchase a particular product. It is also an analysis that seeks to explain why consumers act in a way towards a product or service.

Advertising is essential for every business, irrespective of the size because advertisement influences the consumers in various ways. Consumer behaviour changes from one individual to another. Marketers study consumer behaviour because the consumer plays a vital role in the market. Products are services depend on the consumer.

Consumer behaviour takes a look at how customers react to different kinds of products and services at different times, under given circumstances. To properly investigate the behaviour of consumers of the products or services, it is needful to understudy customers products and services selection and purchase patterns as well as their wants and needs satisfaction systems. An understanding of consumer behaviour will reveal the motives behind peoples’ purchasing patterns and lifestyle in the marketplace

Knowing consumer behaviour will, therefore, help the marketer in building a theory of assumptions which regulates consumers choice of certain products and services and the impact which these have on the marketplace and the world at large.

Consumer behaviour, therefore, is carried out towards the success of any brand because results derived from the study will help in the adaptation and adoption of meaningful advertisements styles and methods which will be favourable to the consumer and to the marketer.

it is, however, important to note that consumer behaviour is individualistic in nature as two persons may not have the exact kind of behavioural response toward certain products or services. However, to effectively direct the advertisement efforts, based on consumer behaviour the cumulative of overall consumer behaviour is taken into cognizance. As such, there might be no meaningful success if consumer behaviour is relegated to the background as per advertisement efforts.

Factors Affecting Consumer Behaviour

Personal Factors

Several personal factors affect consumer behavioural pattern and this include:

  1. Age
  2. Culture
  3. Health
  4. Income level
  5. Level of exposure or awareness and sometimes;
  6. Preferences
  7. Religious beliefs

Psychological Factors

Aside from the personal factors highlighted above, psychological factors also constitute a significant component in driving customers buying interest. Some of these include:

  1. Attitude and perception towards a product
  2. Motives behind the purchase of a product

Situational factors

Situational factors also direct consumers’ buying patterns of behaviour. This includes time and surrounding at the time of product purchase and other factors not named here.

Relationship Between Advertising and Consumer’s Behaviour

Every popular brand is expected to have invested a certain percentage of its earnings on advertisement so as to ensure a continued interest in the brand by consumers.

The major aim of advertising is to impact consumer behaviour by influencing their awareness and buying behaviour and attitude in either a positive or negative way. Reason being that the perception of quality, awareness of a product and consumer opinion is the driving force behind the decision making for purchase.

Adverts are the main driving forces behind decision making by consumers on the purchase of products. It is also a basic source of creating awareness and shaping the perceptions of the customer.

Impacts of Advertising on Consumer Behaviour

These impacts include:

  1. The use of various techniques in advertising to provide detailed and relevant information about a product or service which can influence the consumers buying decisions.
  2. Advertising also employs user experience that is exciting, captivating and fulfilling. This gives the consumer a perception that products are unique and specially designed to improve quality of life. This is an effective technique that is mostly used by growing small businesses who cannot afford to hire advertising agencies.
  3. Advertisements have been seen to extend beyond influencing the need and perception of consumers to a total change in the needs of the consumer through detailed information provided which influences their decision making on products to buy.
  4. Advertisements make use of a variety of factors to captivate the consumer, these include custom and religion.
  5. Advertisements influence consumer behaviour because it helps to increase their knowledge of certain products and services through detailed facts. This, in turn, helps the consumer in decision making on the choice of products.

Conclusion

Advertising can be effective in two ways, either positively or negatively. Some adverts have endeared consumers to the brand while some have alienated consumers.

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How to Start Link Building Business in 2021

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One of the key aspects of digital business is marketing to gain visibility on the Internet. Although this may be achieved using paid advertisement, getting ranked high on search engines like Google search engine is just an amazing feat to attain because of the long-term benefits that come with it. To achieve this, a website or blog must do efficient link building. Google’s algorithm strongly favours websites that are linked to other websites, they’re ranked higher.

What Is Link Building?

Link building is a digital marketing strategy which entails linking other websites to a client’s websites and also being linked to other websites. Getting high quality links in or to your website can increase your organic traffic. It is essential that a digital marketer, blogger, website owner and anyone at all who makes some income on the web pays attention to link building to grow in 2021.

Doubtless, it can really get difficult to successfully build links that generate traffic and revenue. However, the skill of link building can be learnt and turned into a lucrative business. Properly learnt, Link building one can build links that increases one’s success in the digital marketing sphere and also bring good returns on clients’ investments.

Link Building Business in 2021

Link building helps anyone who owns or manages an online platform to rank his/her online asset on the web easily. It is important to focus on building quality links that give value to consumers on the internet. Find the steps to start link building business in 2021 in this article.

The Steps To Start Link Building Business In 2021

If you want to start link building business in 2021 and profit from it, kindly follow the guidelines below.

1) Source for Relevant Topics in Your Industry.

You must constantly explore topics that are highly relevant to your consumers. Get to know the real pains of your consumers and create content that offer real solutions to their pains. You can conduct research to find out the relevant aspects of your niche that will continuously several your audience. You can also observe the trending patterns of discussion in your niche, then create content on it.

Your content can take the format of:

A) Informative guidelines: This will require you to dig deeper and create content that provide in-depth information useful to the consumers. You should give expert information on the topics you write on.

B) Tutorials: You can establish your blog as an authority on issues people face. Provide content that help them learn new things, do old things in new ways, and execute an action more effectively.

C) Tips: People always appreciate new ways of doing things; give them tips on how to improve their performances. Write out top tips in your niche to your audience.

2) Provide 5 Star Rated Content

At the end of the day the success of a digital marketer is greatly influenced by the quality of content found on his website page. A high quality page will result in higher monetary conversion.

One of the SEO ranking factors that determine web assets rankings is quality content. The information you dish out should always be expertly researched, factual and informative. Properly define your target audience, identify their pressing queries, create content that give them solutions.

3) Incorporate Multiple Media Formats

You must incorporate media formats such as videos and pictures to make your web page appealing to your audience. Only having textual content will give your page monotonous look and will quickly bore your visitors. To capture and sustain attention on your webpage, incorporate texts, graphics and info graphics in your webpage.

4) Provide Original Content

You can find new angles to existing problems simply by researching: using surveys and even observations. Through thorough research, you can discover new content ideas that will help you create original content. Asking for feedback from your readers can help you unearth original content.

5) Write Testimonials

You can write Testimonials of your experience with a product or service, and insert a link to your domain. Sending a testimonial to a brand is an important link building strategy that can earn you a back link to your website.

6) Do Cold outreach

You should constantly be reaching out to backlink sources to publish your hyperlink in their content. This should be done with appealing copywriting tactics. People are already being spammed by cold emails every day. So, take care to draft marketing offers that will persuade your backlink sources include your hyperlink in their webpage. Only reach out to websites that we perceived as experts in your niche. Always remember to follow up with your request, yet without coming off as a nuisance.

7) Give Value in Guest Posts:

When invited to publish on another blog, understand the audience of that blog and tailor your post accordingly. You should commit to delivering top notch information that is original and not just rehash of content. It goes without saying do not repeat content found on your website.

Ensure your writing is consistent with the publishing guidelines of your backlink source to guarantee your post being published. Also be wary of the number of links you use. Don’t litter the whole article with links, ensure the links are used in the right context.

8) Leverage Link Round Ups

The language link round ups understand is “high quality content”. Link round ups are compilation of the best content in a niche. It is one the most powerful ways of building links in 2021. Always publish quality content that can be featured in websites that publish link round ups. To clinch link round ups you must publish quality content on a regular basis. Find out websites in your niche that post link round ups.

Conclusion

In this age, people stay glued to their mobile devices more often. They’re constantly seeking how to improve their lives and live the best life they can. People are plagued by myriads of problems in life and they desire solutions to these problems.

Thankfully, most of life’s challenges today can be solved online with websites, blogs, video hosting channels, podcast hosting platforms, etc. Having an online platform that caters to the problems of the people is awesome, but the real task is in making people who need solutions to their problems know how to get it.

While you can deploy paid advertisement and other modes of information dissemination, link building has a better comparative long-term advantage of maximum returns on one-time investment. Starting link building business in 2021 can greatly help you and other business owners to increase returns on investment with a small investment capital.

Efficiently and professionally done link building strategies can bring a business high visibility on the internet and higher rankings on search engines. Consistently producing quality, well-linked content can earn you a spot in link round ups. Hence, be obsessed about giving a lot of value in all your content and challenge yourself to always create original and expertly researched content.

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4 Twitter Marketing Strategies to Boost Your Business in Nigeria.

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The world has since moved past using Social media to create personal connections and bring people together. Today, businesses can leverage the large customer base offered by social media platforms like twitter to grow their businesses revenue exponentially. Twitter marketing is a prime strategy which any business can and should deploy today at a moderate cost. By marketing on Twitter and by deploying time-tested and proven Twitter marketing strategies, you can grow interactions with a worldwide audience directly who can become your customers almost immediately.

With twitter marketing, you can create a devoted fan base to which you can sell your products any time you wish. All you need is the right information on how to get started and how to sustain effective twitter marketing strategies for maximum returns on your investment in the long-run. That is why I put up this simplified guide on 4 twitter marketing strategies to boost your business here in Nigeria.

Twitter marketing strategies

One of the salient twitter marketing strategies is to efficiently engage your fans with interactive tweets in an enticing manner. You can do this by posing a challenge, offering a contest, or mentioning other recognized brands in your tweets. Since at least one user of twitter follows at least five other brands, there is the likelihood that users will see your tweets mentions as they browse through other brand’s feeds.

Indeed, Twitter is an amazing and powerful social media marketing tool which you should deploy for your business today. If you are interested in improving your online reach and presence, invest in Twitter marketing today. This guide explains step-by-step how you can accomplish this easily.

Steps to boost your Business in Nigeria Using 4 Top Twitter Marketing Strategies.

1) Building Relationships and Engage Influencers:

It is true that money reside in people’s pockets, but to get it from them you must become someone they like or work with people they like and trust. Engaging with influencers on Twitter can help you reach a wider audience that trusts you and/or your business. You can pull off massive sales by working with Twitter influencers in your niche. To find influencers in your niche, use “Twitter Search” or “follower wonk” to find experts and influencers in your industry.

Alternatively, you can use a marketing and automation tool like Audiense to discover influencers in your niche. To start, search a keyword in your industry; you’ll find Twitter handles pop up in order of number of followers. From this, you can decide on the influencers you wish to contact to help you with your twitter marketing. Engaging Twitter influencers can give your business more visibility and unprecedented town around within a short time.

2)   Revamp Your Twitter Page

Revamping your Twitter page has a lot to do with your content. To gain trust and visibility, you need a top notch content creation game plan. You must consistently create compelling and engaging contents on your business. The keyword here is “consistency”. Another keyword is “compelling” and the last keyword is “engaging contents”. To boost your business marketing using twitter, endure or endeavor to structure contents that invoke conversations and keep you in the minds of your audience.

3) Use Hashtags Professionally

Including relevant hashtags in your tweets is an important marketing strategy you must engage in. Use the right hashtags for your niche. You can adopt a hashtag that is unique to your brand. Use Hashtags to join trending conversations in your niche and ask your followers to retweet including your hashtags in their tweets.

4)  Run Twitter Ad Campaigns

Twitter ads are well-targeted to ensure that individuals and businesses reach their desired audiences at the best ad rate. With ads you can easily reach Twitter users (who could be) interested in your offer and convert them to customers within an idea time range.

Twitter Ads help advertisers reach targeted audiences by defining specific demographic audiences according their age, location, gender, and technology. To have an effective Twitter Ad campaign, ensure that you create a hypnotic and compelling offer with a clear call to action.

Conclusion

The Twitter marketing strategies I discussed here have been proven to boost sales and scale businesses over the years. It is important to engage influencers, create engaging content, use relevant hashtags, and targeted Twitter Ad campaign to grow your business on Twitter. It is possible to be in the league of entrepreneurs monetizing Twitter if you apply these Twitter marketing strategies to your business marketing plan going forward.

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