Affiliate marketing is the process of someone who is an affiliate (partner) of another company, making efforts to market that company’s product online and refer customers to it.
Every time a new customer is referred to a product by the affiliate, the affiliate receives a commission from the company who owns the product.
To become an affiliate you’ll need to be accepted into an Affiliate Network AKA. Affiliate Program such as Betting.Partners, which is a platform you can apply to in order to become an affiliate of betting websites and make money referring new customers to them.
Once accepted into an affiliate network, the affiliate will have access to a library of marketing tools that they can use to promote the company’s product online and attract new customers to it.
Finding customers to refer to a company’s product can be quite tricky, but if you have the right marketing tools it’s a lot easier. In the online betting industry, one of the best methods for referring customers is to create an affiliate website.
From hundreds to millions, it all depends on how much work you put in. In the online betting industry there have been several cases where an affiliate will create an affiliate website and earn little for their first year, then in their second year go on to earn 6 figures every month.
The affiliate network you’re accepted into with will generally pay your commission on the month following the one it was earned. So commission earned in January will be paid in February.
Anyone over the age of 18 can become an affiliate in the UK.
Affiliates are self-employed and are totally independent from the companies who’s product they refer customers to.
Yes, affiliate income is classed as any income and therefore taxable in the UK.
No, you don’t need to register a company to become an affiliate, however it can be a lot easier to do so if there is more than 1 person in your team.
The main and most lucrative affiliate industry is online betting, which does not require a license of any form.
A valid form of ID such as a driving license or passport, as well as proof of address such as a bank statement, utility or phone bill no older than 3 months. This is just a security measure for the companies you become an affiliate of, as they need to know who it is they’ll be paying commission to.