A lot of youths in Nepal are actively indulging in affiliate marketing. With access to the internet, many of them are trying their way out through blogging, YouTube monetization, and affiliate marketing to earn revenue. E-commerce companies like Daraz, Sasto Deal, etc., are successfully executing affiliate marketing in Nepal, and inspiring the youth to work on earning some passive income by using the methods of digital marketing.
With affiliate marketing, it becomes super easy to earn respectable revenue while never getting out of your comfort corner.
Let’s move ahead to understand more about Affiliate Marketing.
What is Affiliate Marketing?
Affiliate marketing is not that difficult to understand. It includes a company or a person who wants to sell their products, a middleman (affiliate), and consumers.
This type of marketing happens when a middleman or an affiliate helps a company to sell its products by promoting them to a larger audience and converting the audience into customers and consumers. With every purchase that happens through the process, the affiliate earns a commission out of it.
Let’s understand the roles of different parties involved in the process.
The Seller
Any person or a company who has a product or a service to sell can be called a seller. For example, it could be a new entrepreneur who just started the business of selling handmade candles, or a tutor providing educational tutorials.
The seller is the one who owns the product/service and select the affiliate marketers to increase their sales by offering small amount of commissions to the affiliates.
The Affiliate
A person who acts as a middleman to promote the seller’s product or service and gains revenue out of it is known as an affiliate.
People like bloggers, social media influencers, YouTubers, etc., are the affiliates while promoting a product that fits well with their niche, and earn revenue with every purchase that takes place in the process.
The Consumer
Consumers are the most important part of the process of affiliate marketing as they are the ones who make drive the whole concept of this type of marketing by clicking on the ads and affiliate links on different blogs and websites, to different products, knowingly or unknowingly, and purchasing the products. The purchases then profit the affiliate with a commission.
Now that you have gained basic knowledge of affiliate marketing, it is time to learn some of the amazing affiliate marketing tactics and strategies used by Daraz. Daraz is one of the most successful e-commerce companies in Nepal.
Daraz’s Affiliate Marketing Strategies
Daraz is Nepal’s most popular and successful online shopping destination. It controls over 60% of Nepal’s online market. It is presently Nepal’s best online shopping destination thanks to its services and assistance.
Daraz runs an active affiliate marketing network that allows website/blog owners to profit from their visitors. The Daraz Affiliate Program is the best available option for everyone to start affiliate marketing from Nepal.
Content creators, bloggers, etc., use the Daraz affiliate marketing program, which allows them to create customized affiliate links for different products, that direct their audience to land on Daraz’s e-commerce website where the products are available. With every successful purchase, the affiliates end up earning revenue.
Daraz Affiliate Program requires you to have at least 10K followers on social media accounts (Facebook, Instagram, etc.) and the ability to send VAT/PAN invoices. To become a part of the program, sign up for the Daraz Affiliate programme from the website. If you meet the eligibility requirements, your application will be reviewed and approved.
To sign-up for the program –
- Visit https://www.daraz.com.np/wow/i/np/help-pages/daraz-affiliate-program
- Click the “Affiliate Program” option at the bottom of the page.
- Click on “Sign up for now”
- Fill in all your detail in the form that pops up.
How to start affiliate marketing in Nepal?
Affiliate Marketing is getting quite popular among many in Nepal. The number of affiliate marketers who are looking to make money is growing every day. Certainly, the fever of affiliate marketing in Nepal shows no signs of abating. The scope of this type of marketing is on the rise in Nepal.
To start affiliate marketing in Nepal, you first need to make sure that your blog and website is optimized rightly and ranked higher on the search engine result page if you are a blogger. This will provide you with a large number of visitors and hence, increased revenue through affiliate marketing. Similarly, if you are an influencer, your following must be high.
You can execute affiliate marketing in numerous ways if you have a well-established blog. Some of the ways include using banner or display ads on the sidebar or header, creating a high-quality product review on the blog, and gathering an email list with a variety of mailing plugins.
To start affiliate marketing,
Select your niche
It is important to select a category of products or services that you would like to promote. For example, if you write reviews on trending electronic items, it would be preferable to market electronic products through affiliate marketing, as that would be more relevant for your audience. This will also enhance the quality of your content, which will eventually gain you a higher chance of Click-through-rate (CTR), and hence, higher revenue.
For example: GadgetByteNepal
Check user reviews
After you’ve decided on a niche and products, you should pay attention to user reviews. More sales can be generated by a product having a maximum of 4 or 5-star reviews.
You should see the details of an organization or a company, product price, shipment time, and discounts in addition to the reviews and sales counter.
Payment Method
You will have various troubles cashing out your hard-earned money if you do not have a suitable payment method. As you may be aware, Nepal lacks PayPal or any other international payment gateway provider. That is the reason I recommended you to go for Daraz’s affiliate programme instead of big international companies like Amazon.
If you did affiliate marketing of Nepal based companies you can easily withdraw your hard earned money (commission) that too legally.
How to Promote Affiliate Marketing?
SEO
One of the simplest ways is to drive maximum organic traffic to your blog, website, or YouTube channel through SEO techniques. If you want to know more about SEO and its techniques read my SEO Blog posts and follow the techniques to rank higher. Or you can hire an SEO Expert for this.
Email Marketing
Email marketing is the practice of sending all appropriate affiliate products via email. This strategy is currently being used by several prominent bloggers to increase sales. This is why it’s critical to create an email list. The more email lists you can amass, the more customers you’ll be able to meet.
Social Media
Share your affiliate product link on Facebook, Twitter, Instagram, Pinterest, Linked In, and other social media platforms. This strategy is appropriate for apparel, gadgets, food items, and everyday necessities.
FAQ about Affiliate Marketing in Nepal
Can I earn money from Affiliate Marketing in Nepal?
Yes, as discussed above, you can easily earn money from Affiliate Marketing, given, that you have a noticeable following and recognition on the internet, social media, etc. and that you follow the right technique to execute affiliate marketing with all your dedication and passion.
Which Affiliate Marketing you will recommend?
If you are a beginner and want to earn a good amount of money, there are a few options that you can consider to get started with affiliate marketing. I talked only about Daraz in above, But this is not the only option you have.
Few of other popular Nepali companies like SastoDeal, Durbarmart are also offering affiliate marketing in Nepal.
If you have international payment gateway then you can consider choosing Amazon, Flipkart, eBay, Commission Junction, ClickBank, themeforest etc. Amazon Affiliate Marketing is more popular among them.
Conclusion
Affiliate marketing can be a great opportunity for content creators or anyone looking for a way to make money on the side. In Nepal, the scope of this sort of marketing is expanding and showing no signs of slowing down. Being a competent affiliate marketer, on the other hand, requires a great deal of knowledge. I hope that this post has provided you with some basic information about affiliate marketing in Nepal and has encouraged you to get started with and earn money from it.