Affiliate marketing could be the answer for anyone wanting additional income or wanting to work for themselves.
We start with what is an affiliate? According to the Webster Dictionary, an affiliate is to connect or associate oneself with an individual or organization.
Marketing – the act of buying or selling in a market. The Business activity involved in moving products from the merchant to the customer by selling, promoting, packaging and more.
Puting the two words together the defination is “Affiliate Marketing is promoting other people’s products by a third party. (the affiliate), in exchange for commission based compensation.”
That is the rather stiff way of saying “for driving targeted, ready to buy customers to the merchants website and a sale is made, the affiliate will receive a percentage of the sale. A $100 dollar retail product, the merchant has agreed to pay the affiliate 75% or $75.
Is that easy or not! A simple concept yet be prepared to work to get it. We will look into why later.
What a person does is simple:
1. Find a good paying site. 50 to 75% is great.
2. Sign on as an affiliate. No cost to sign on.
3. Study and learn the effective way to market affiliate products.
4. Collect a lot of commission checks.
Of the four steps, number two is a science that only a small number of people do correctly. This is an education process that is learned from the experts in affiliate marketing.
In comparison to buying a franchandise business, affiliating marketing is low cost to to operate.
Consider these benefits of an affiliate online business:
1. No having to keep track of product inventory.
2. Products are shipped by the merchant, not the affiliate.
3. No employees to keep track of.
4. No customer service by the affiliate.
5. No website required.
6. The affiliate is free of high overhead costs of major items.
How to start.
Find a product that is hot and pays a decent commission and sign up. It requires the same amount of marketing to earn a 50% commission that it does for a product that pays 10%. Go for the gold!
One simple way to promote products can be done by writing an informative review of each product and put it on a mini site with the affiliate link to the merchant’s site.
Another easy way to drive traffic to a mini site is to write articles with interesting content about the products on the mini site. Then submit to the major articles directories.
Be sure to create a Bio page with the mini site links in the bio, not the article. Article editors do not like links in the articles.
This is a simple overview. Of course there are many more ways to promote products and drive targeted traffic to a mini site.
The education process to market products is learned from the affiliate experts. Ones that heve been successful for a few years. After a person has reviewed the money making business opportunities online, these experts names keep appearing over and over..
These are the ones to study as to what they offer an affiliate to promote their products..
It is generally best to pick a successful affiliate program and run with it for a least a year. To sign up for and try to market 3 or 4 affiliate programs will end in failure. Stay with one until the money starts to roll in.
Become an expert with a specific high commission affiliate program. Become an Affiliate Marketing Guru!