How safe and secure is your job? Let’s face it, no job is ever safe. Especially during times like these where the pandemic seems to last forever. Building multiple sources of income has now become a necessity.
Unfortunately, most people only rely on their salaries. This adds uncertainty and is a very risky way to live your life.
An extra source of income helps you get a good night’s sleep. You will always be confident that if one fails, you will always have Plan B.
Rewind your life and try to remember your college days. Did you only focus on one career option? Or did you have a backup plan or a plan B?
We’re sure you did. So why not when it comes to earning money? We all need a little more of it, don’t we?
Don’t worry. You don’t have to work two full-time jobs to earn more. A dedicated couple of hours will help you earn more than your full-time job.
The best part is, once you feel confident about this, you can take it up as your full-time career option. Did we mention you don’t need any infrastructure or prior investments for this?
Sounds impossible? Well, it’s not.
We are going to share the best way to have a career in the stock market without trading or investing in stocks – become an affiliate marketer.
Here is a dream-like scenario –
Instead of dealing and living a monotonous life you could make money anytime from anywhere. Even if you wake up late or take a day off, you are still making money.
This is the concept behind affiliate marketing.
What is Affiliate Marketing?
Affiliate marketing is a type of performance-based marketing. Here, the company compensates its affiliates for every client they help them convert.
Affiliate marketing is commonly confused with referral marketing. But, the two forms of marketing are different. Affiliate marketing relies mostly on financial motivations. Whereas referral marketing relies more on personal relationships.
There are three parties involved here –
- The Brand
- You – The Affiliate
- Your client or the customer
You (the affiliate) act as the mediator between the brand and the customer.
Let’s have a look at the below infographic to understand how does the affiliate program work.
This process takes place in a matter of minutes.
How can affiliate marketing be used in Finance Industry?
Thanks to the internet, the finance industry has grown many folds. The broking industry has also shown very impressive growth over the past years. During the Covid-19 inflicted lockdown, many people turned to trading and investing.
To cater to this unpredicted trading volume, stockbrokers stepped in with innovative solutions to improve their services and products.
Through this article, you’ll understand how you can become an affiliate of a financial company. This will be your opportunity to begin a new source of passive income.
In essence, affiliate marketing is about leveraging the company’s services to your viewers. You can sign up with a broking house and start working as a middle man.
Every time you successfully bring a client on board, you earn a commission.
For example, let’s say you sign up as an affiliate and partner with Samco Securities. You market Samco Securities’ services and products and are able to get 50 clients every month.
By doing this, you will earn an average of Rs. 16,000 every month!
You did not have to wake up early and slog through your day. All you did is sit back and promote relevant links and details to your interested customers.
There is more to it. One of the best parts of being an affiliate with a broker is that every time your client trades, you earn a commission out of that trade. So, they trade, you earn.
Here is how it works –
- You (an affiliate) introduce a client to the broking company. You earn your brokerage commission.
- The client starts trading. The trader starts paying the brokerage fee to the broker.
- The fee is then split between the sub-broker and broker on a percentage basis.
The affiliate marketing industry is growing steadily. Every broker has a different partnering commission percentage.
Why become a Samco’s Affiliate Business Partner?
Samco Securities is a reputed broking company in India. We are present in more than 3,000 cities and have a strong client base of more than 2,00,000 traders and investors.
By being an affiliate with Samco Securities, you earn brokerage commission from your onboarded clients along with many more earning opportunities.
We offer our clients various financial products to improve their trading and investing activity. The more quality products we offer, the more is your opportunity to earn as an affiliate.
As an affiliate with Samco, you can also earn your share by promoting subscription products to your clients. We offer various leverage products like CashPlus and StockPlus. Explore other trading and investment products like StockBasket, KyaTrade, RankMF, Samco App.
For example, you earn a commission every time your client subscribes to StockBasket. Get a portion of the subscription fee paid by your client on their StockBasket purchase.
- You get up to 50% commissions on the brokerage paid by clients per month.
- 50% commission on StockPlus & CashPlus subscription products purchased by your onboarded client.
- 40% commission on the annual fee of the StockBaskets purchased by clients.
Open an affiliate account with Samco Securities today! This is your chance to create your own brand-like image.
You don’t even have to worry about the bookkeeping and the follow-ups you will have to do as an affiliate. We provide our affiliates a user-friendly dashboard to track earnings.
To understand each product, we have written a number of articles explaining our features and advantages. Additionally, our customer support is always available to assist and solve your worries.
Extra benefits your clients get –
- Dedicated customer support for all their queries
- Lightning-fast trading app
- Regular research reports for trading and investments
- RankMF for mutual funds
- StockBasket for long-term stock investment
- Brokerage Rs. 20 per order
And many more for your registered client.
It is time for you to stop relying on just one source of income. Start planning for an alternative source.
Sign up as an affiliate with Samco Securities now, and enjoy unlimited possibilities!