Affiliate Marketing for Students: Detailed Guide for 2024

Being a student means that you are still financially dependent on your parents. But what if we tell you that there is a way in which you can make some extra money? This opportunity to create a passive source of income for yourself is called Affiliate Marketing.

Affiliate Marketing is a marketing technique where an affiliate promotes a product or service of a business and gets compensated for each sale they bring in through their unique affiliate link. The commission can vary from brand to brand and from product to product.

Need of Affiliate Marketing for Students

Affiliate marketing can be a great opportunity for students to earn added income while they are studying. Here are some reasons why affiliate marketing can be beneficial for students:

1. Flexibility

Affiliate Marketing offers flexibility, which means it can be done from anywhere and at any time, making it an ideal choice for students with busy schedules.

2. Low start-up costs

You can start affiliate marketing with little to no investment. To get started all you need is a blog, website or social media account where you can put up your content.

3. Passive Income

Affiliate Marketing is a great source of passive income. As all your links are published online, your audience can make a purchase at any time of the day which means that even if you are not working actively, you will still be earning money.

4. Skill Development

With affiliate marketing, students can develop many skills like marketing, communication, time management, etc., which can help them in a corporate environment in the future.

5. Networking Opportunities

Affiliate marketing also offers an opportunity for students to connect with professionals in their industry, building valuable relationships and expanding their network.

Overall, affiliate marketing can provide a flexible and low-risk way for students to earn extra income and develop skills that can benefit them in the future.

How Does Affiliate Marketing for Students Work?

By becoming an affiliate marketer as a student, you would be promoting a product or service by creating content on your blogs or social media channels which will include your affiliate links. Whenever a purchase is made through your unique affiliate link, you will earn a commission.

Here are the basic steps involved in affiliate marketing for students:

1. Choose a Niche

The first and most important step for affiliate marketing is to choose a niche. A niche is nothing but your area of focus. What are the products or services you want to promote? This could be anything from health and wellness to fashion, beauty, or technology.

2. Join an Affiliate Program

Now that you have decided on a niche the next step is to join an affiliate marketing platform. Look for platforms that offer the products or services you want to promote. One such platform is EarnKaro. EarnKaro has a portfolio of more than 150 retailers with good payouts. And as if that was not enough, you can sign up on EarnKaro absolutely free and start your affiliate journey right away.

3. Promote the Products

Once you have joined an affiliate program, now it’s time to start promoting products. As a student, you can promote products through your online channels like blog posts, social media, or adding affiliate links in emails.

4. Earn Commission

Now that you have posted your affiliate links, sit back and relax! Every time someone purchases through your affiliate link, you will earn a commission. The commission may vary depending on the products or services you are promoting. However, it ranges from 5% – 20% of the sale price.

5. Track and Optimize Results

Keep track of which links are working best for you and optimize your affiliate marketing strategies accordingly. You can experiment with different types of content or platforms, testing different products or promotions and monitoring your conversion rates and earnings.

Top Affiliate Platforms for Students

1. EarnKaro

EarnKaro is a leading affiliate marketing website in India. With EarnKaro you can become an affiliate marketer for more than 150 brands like Flipkart, Myntra, Nykaa, Mamaearth, WOW, mCaffeine, etc. The platform allows affiliates to create unique affiliate links and manage everything from tracking to payments. The minimum withdrawal limit on EarnKaro is ₹10.

2. Amazon Associates

Amazon, the e-commerce giant offers an affiliate program that you can register on using your already-existing Amazon account. Once you are signed up for the program, you can effortlessly add links to your website using Sitestripe.

You can also create customized links on Amazon. Any product of your choice can be linked to using text links, text and image links, or image-only links. Depending on the product category, the commission offered ranges from 0.2% to 10%.

3. Flipkart

Flipkart is the biggest e-commerce brand in India. With the Flipkart affiliate program, you can earn commissions anywhere between 0.9% to 20% depending upon the product category. Moreover, Flipkart offers a selection of affiliate tools, including banners, widgets, and APIs. You may keep track of the impact of referral links and conversions with the help of real-time reports offered by Flipkart.

4. Reseller Club

Recognized as one of the biggest reseller companies in India, Reseller Club offers a high-ticket affiliate program. As a Reseller Club affiliate, you can earn money by promoting the affiliate program and all hosting products. You can earn up to ₹8000 per referral. With an individual affiliate ID, you may manage your account and monitor your performance after signing up as an affiliate.

The tracking cookie rewards users based on their most recent click and is only active for 60 days. Moreover, Reseller Club provides a number of PayPal and bank transfer payout methods. The minimum payout is ₹50.

5. vCommission

vCommission is a popular affiliate marketing platform that was founded in 2008. They have a network of more than 18,000 affiliates and are still growing.

vCommission provides a user-friendly platform that allows advertisers to set up affiliate programs and track their performance in real time. Publishers can join vCommission and access a variety of offers to promote on their websites or social media channels. They can earn commissions by driving traffic and sales to the advertisers’ websites.

The minimum withdrawable amount is ₹5000, and the publishers are paid on a 30-day cycle.

6. BigRock Affiliate

BigRock is a well-known domain name registration and web hosting company in India. The cookie duration of BigRock is 60 days. Additionally, BigRock also offers email hosting, website builders, and digital certificates among other services. You can earn up to ₹10,000 commission on each sale.

Conclusion

Affiliate Marketing is one of the best low-risk ways of making some additional money for students. It offers flexibility and doesn’t require any special skills or training, making it perfect for students. However, it is crucial to remember that it may take some time for you to set up your affiliate network and that you won’t be to start earning money overnight. Being consistent and putting in all your hard work is the key.

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