If you’re finally ready to give affiliate marketing a try, but not sure what to do first, keep an eye on this series over the next 4 weeks.
If you’re beginning to learn about internet marketing and how to make money online, you’ve surely heard many times about the popularity of affiliate marketing. But what exactly is affiliate marketing, and how can you use it to make money online?
Affiliate marketing is the practice by which you can promote the products of another company or information marketer and receives a portion of the sale once someone buys something.
In this system, the product owner receives a greater promotion for his or her product, and you can make money without ever owning a product! Now you can begin to see why it is so popular among those making money online.
Advantages of affiliate marketing
The primary advantage of affiliate marketing is not needing to create a product! You don’t have to be an expert in a subject and write an ebook, nor do you have to manufacture anything. All you have to do is convince someone to buy a product upon your recommendation, and you get a cut of the sales!
Another advantage of affiliate marketing is that there is no need to do anything after the sale.
Product owners have to deal with customer service, delivering the product, whether by shipping it or providing a download, and processing payments. All an affiliate has to do is make a sale and collect a check.
Finally, you have a built-in advantage in affiliate marketing by riding other people’s marketing efforts. If you’re the affiliate for a popular ebook, chances are people have already heard of it and won’t need a ton of convincing to buy the product.
If you’re an affiliate for a popular product, say an iPod, through a big retailer like Amazon.com, then all you have to do is push people over the edge on a product they were considering purchasing anyway. This way half the work of marketing the product is already done for you!
How affiliate marketing works
Most affiliate marketing works in the following way: You sign up to an affiliate program on the site of a retailer or product owner, and you are given a special link to the sales site.
This link lets the product owner know that it was, in fact, you that sent a given customer to their site. When a person buys from them, you receive payment either in the form of a monthly check or direct to your PayPal account.
The key to having success with this method is in driving traffic to your links.
There are so many methods for doing this, and they include using social media, paying for ads on Google, building your email list, and writing review sites promoted with SEO.
Choose your method, and begin making sales with none of the hassle, now that you know the basics of making money online with affiliate marketing!
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