WHAT IS AFFILIATE MARKETING?
Hi – It’s Charles Edwards here 🙂
A friend of mine asked me this question the other day.
When I post here at CEO, one thing I always do is listening to my readers here.I make sure I answer questions asked mostly through posts or via comment section. You might have known what is affiliate marketing and how it’s the most lucrative way to earn online. In this article I will share the basic of affiliate marketing and let you know how it works. OK let’s get to it…
What Is Affiliate Marketing.
Here is a screen shot definition of affiliate marketing I got from Wikipedia
Affiliate marketing is one of the fastest and most creative ways to make money on the web. It is also the quickest way to have your online business up and running within the shortest time possible. Affiliate marketing is typically selling other people’s products through your website on commission basis. All you need is to find buyers and then direct them to the merchant’s website. The moment a customer visits the site and buys the product, you are paid a commission on the sales.
…so far I know you have some hint of what is affiliate marketing – am I right?.
As an affiliate…you will be compensated for every customer provided through your efforts. Compensation may be made based on a certain value for each visit. As an affiliate, you will only receive commission after the visitor made a purchase.
Don’t Need Your Own Product
This is certainly the simplest and quickest way to start making money online. You don’t need to have your own product to start. Like I said, there are lots of products out there to sell. All you need is website. Many people do it by sending visitor directly to the product they are promoting. This is the first mistake I see newcomers make in affiliate marketing.
Once you have a website and BOOM!!! you are set to go.If you are looking for ways make money online and don’t have the skills of creating your own product, then affiliate marketing should be your starting point.
Do I need To Pay Something To Join Affiliate Programs?
Joining affiliate programs is FREE. There is always no cost involved in joining them. Here you only need to choose a product that you want to sell. Personally, I make sure I pick a product that is within my niche market and not just any product.
A question I get from most newcomers is how these companies track the record of who is sending the traffic and who is making sales. It is always not difficult. They use a tracking link to do all this.This is a unique link given to you by affiliate company to track you activities/sales. This will allow them to credit you with every single sale made through your link. Some of the great places get products to promote are: ClickBank, RapBank, Commission Junction, Amazon and eBay.
I hope this starter guide to Affiliate marketing, will help you to get started. If you have any additional questions, feel free to ask me via comments section below.
Don’t forget to download my “Create Your First Website TODAY” To Learn More On How To Make Money Online.