Ever wondered how you can make money with affiliate marketing in Nigeria?
Earlier in the year, I wrote a post on 15 Profitable Side Hustles to Make Money in Nigeria, and affiliate marketing is one of them.
Today in this post, I want to teach you a simple but complete step-by-step guide on how to start making money online by promoting digital products.
Affiliate marketing is one of the most lucrative online businesses you can do in Nigeria.
All you need to get started in Nigeria is your phone with internet access.
You can make between 5 to 7-figure income monthly selling digital products and services from the comfort of your home.
Does this sound interesting to you? Read on let me show you exactly how.
What is Affiliate Marketing?
Affiliate marketing is a profitable online business model where you are paid a commission for promoting other people’s products or services – Wikipedia.
The Affiliate Marketing Industry Size
According to Influencer Marketing Hub, the affiliate marketing industry is currently worth over $12 billion globally.
This figure is expected to keep increasing in the coming years.
How Affiliate Marketing Works
Imagine walking into a store and striking a deal with the owner, that for every product you sell for the store you get a 30% commission from each sale.
Let us assume that you are able to sell only 20 pieces of a product that sells for $100, you will be making $30*20 which is $600.
Let me give you a practical example,
There are two (2) characters in this example
Character 1: John
Character 2: You
Let us say John is a car dealer and has some cars for sale. You, on the other hand, are a random guy who needs money to pay some bills.
You then decide to approach John with an offer.
Which is, for you to help him get a buyer for his car and he will in turn pay you a commission.
So let’s say John is selling the car for 2 million and he promised you a 10% commission if you bring a buyer.
All you need to do is get the details of the car and make a post on your WhatsApp, or Facebook.
Once you get an interested buyer, you refer him to John who then concludes the sales.
John will pay you 10% of the 2 million Naira which is the commission agreed upon for selling the car.
You know that 10% of 2 million is 200K right?
What you have just done is called affiliate marketing. You make money by simply connecting a buyer to a seller.
The best part is that you don’t have to own any product or even be physically present.
How Affiliate Marketing Became Popular in Nigeria.
Let me tell you a short story about how affiliate marketing became very popular in Nigeria.
The truth is that this business model has long been in existence even before the internet.
Unfortunately, only a few Nigerians knew about it.
In the eastern part of Nigeria, the Igbos practice what they call “Igba Oso Ahia”.
It is a marketing strategy where shop owners pay commissions to freelance marketers for bringing buyers to their shop.
You will find these guys in the popular Alaba Market, Onitsha Main Market, Emeka Offor Plaza, Robinson Plaza in Warri, and many big business centers in Nigeria
They have been doing this for years even before the internet era.
Now, this is a form of affiliate marketing.
Back to my story,
So at the peak of the dreaded COVID-19 pandemic, the world was on lockdown and Nigeria was not an exemption.
As the lockdown continued, some “good” companies began to slash staff salaries, while some others completely stopped paying.
To cut the long story short, many people became jobless and penniless.
At that time, it became clear that Nigerians needed alternative sources of income.
Especially the one they can do from home since everyone was locked down and indoors.
Some smart Nigerians went online and found affiliate marketing.
So far, the early starters have successfully made millions of Naira from the business.
In this guide, I want to share with you a step-by-step process on how to make money as an affiliate marketer in Nigeria.
Even if you have NEVER made a dime on the internet or are completely new to online business.
Who Can Become an Affiliate Marketer?
Do you remember when you told your friend about that skillful stylist or barber?
Can you remember how many times you have recommended that nice pizza joint downtown?
or that artisan that did a nice job for you.
The truth is that we are all salesmen consciously or unconsciously.
You recommend products and services on a daily basis.
Yet you don’t ask for payment.
Because everyone is a salesman, everyone (including you) should be rewarded when you refer a person to a product or service, a business to a person, or a business to a business.
Anyone can become an affiliate marketer as long as he/she is willing to do the necessary work required.
It doesn’t matter if you are a student, a 9-5 worker, a housewife, or even a school dropout.
Affiliate marketing can work for you.
And you can do it from anywhere so long you have access to a smartphone with internet access.
Now, let us look at a few reasons why you should start affiliate marketing in Nigeria.
Why You Should Start Affiliate Marketing in Nigeria
Here are a few reasons why you should start affiliate marketing in Nigeria.
- You don’t need a degree to become an affiliate marketer and make money
- You don’t need to own a physical shop to make money as an affiliate.
- As an affiliate marketer, you can work from home or anywhere that is convenient for you.
- It is one online business you can start in Nigeria with little or no money.
- Affiliate marketing can become a good source of passive income when done properly.
- You can earn in foreign currencies depending on the affiliate network.
- Affiliate marketing gives you an opportunity to learn about other high-income digital skills.
As you have seen, affiliate marketing is a profitable way to make money online in Nigeria.
However, I need to mention that this business is not a get-rich-quick scheme where you put in zero effort yet expect to make big money in return.
5 Affiliate Marketing Mistakes Made by Beginners
1. Dropping affiliate links in the comment section of social media posts and DMs of prospects.
This is spamming and the easiest way to get banned on social media.
2. Not doing enough research on the product you are promoting and its target audience.
3. Lack of patience and commitment to making it work. Affiliate marketing is not a get-rich-quick scheme. It takes time and consistency.
4. Not promoting the right product or promoting the right product to the wrong audience.
5. Jumping from one niche to another. Today you are selling a weight loss product, tomorrow you are selling clothes, and next tomorrow you are selling real estate.
How to Start an Affiliate Marketing Business as a Beginner
If you are a beginner, a good way to make money with affiliate marketing faster is to get undergo some training. There are many affiliate marketing videos on Youtube you can start with. However, you need to acquire digital marketing skills to be able to sell online.
If you are in Nigeria, the faster way to make money online through affiliate marketing is to join Expertnaire. Let me tell you a bit about Expertnaire just in case you are coming across it for the first time.
What is Expertnaire Affiliate Marketing?
Expertnaire is an affiliate marketing platform where you promote digital products from other creators. You are paid a commission by recommending any of the high-value digital products on Expertnaire to your subscribers and followers.
All you have to do is use the unique affiliate link of each product that their system provides
Expertnaire has a highly effective tracking system that ensures that you are compensated for the sales you refer.
To join Expertnaire as an affiliate, you will be asked to pay an annual fee of N10,000.
As of today, the best-selling product on the Expertnaire platform is the 72IG otherwise called the Exprtnaire Whatsapp Income Generating program. It is a high-quality online marketing training that teaches Nigerians how to make money online using Whatsapp, Facebook, Twitter, and other digital marketing platforms.
According to Expertnaire, you will learn how to make between N107k to N750k selling digital products online. This is not a fluke because there are affiliates making much more than that amount weekly.
In fact, a particular top affiliate known as Caleb Nwanneka made N11m (Eleven Million Naira) in one week.
I can tell you that Expertnaire is one of the best affiliate marketing platforms. All you need to make money is get started, buy their 72IG course, implement what you learn and you will make money.
Affiliate marketing is one of the easiest yet most profitable online businesses you can do from the comfort of your home.
What more? You could decide to do it part-time or full-time.
The truth is that affiliate marketing may be challenging for beginners.
However, with consistency, the right training, and some effort, you can be on your way to earning 6 to 7 figures income monthly.
That is why I am here to guide you. Because I want you to succeed.
Follow this simple guide on how to make money with affiliate marketing in Nigeria.
Ensure you promote the right product and you do it strategically.
Do you have any questions? Leave a comment below and I will not hesitate to respond to you.
Don’t forget to share with a friend who needs this.
Do you want a one-on-one with me? Connect with me on Whatsapp