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What is Affiliate Marketing?
Let me put it this way.
How many times have you told a friend or relative about a product
or service that you like that resulted in them purchasing that
product or service?
Now imagine doing the same thing on the
Internet, but on a much larger scale.
Now imagine that that the companies you refer people to pay you a commission for your
referrals.
That's how affiliate marketing works.
The perks of starting an affiliate marketing
business include:
Typically no cost to join most affiliate
programs.
The ability to work from home, be your
own boss and set your own hours.
Startup costs are usually low. A fraction of what
traditional business can be.
You don't have to worry about customer service, inventory, shipping or
receiving.
It's easy to get started in affiliate
marketing.
There are many online programs that assist you
and allow you to get started immediately.
You can work full time or part time.
You would be surprised how much affiliate
marketing it going on out there.
I know I was. It's all around us.
For example, when I drive out of my housing development,
there are little signs beside the road advertising a dating
website.
I see these signs every day, but I never realized they were
put there by an affiliate marketer marketing for a
dating site.
The next time you are shopping at your favorite
online store, try scrolling down to the very bottom on their
homepage.
You will find that many of them have a little link at the bottom of their page
labeled "affiliate".
Look at the Amazon.com and Dell Computers sites for
examples.
These companies are looking for people to
advertise their products.
How many times have you purchased something on the
Internet and ended up making your purchase through
Clickbank?
Clickbank is an affiliate program
network.
They describe themselves as "...the
Internet's largest digital marketplace".
They are basically the middle men between affiliates and the real
product sellers.
If you have an ebook you want to sell, you
might put it on Clickbank.
When someone purchases your ebook, the affiliate and
Clickbank both get a percentage of the sale.
The thing I like most about affiliate marketing, is that there really is very little maintenance required.
Once you set up your website and affiliate advertisements,
your home business can be on autopilot.
It's not uncommon for affiliates to market for multiple
companies, creating multiple streams of income.
Although focusing on one particular type of
product is typically recommended.
For example, you might have a website that promotes Internet dating sites or work at home
opportunities.
There is a lot of opportunity out there for those who want it.
It does take some effort during your startup months, but if you stick with it, you can expect to earn extra income, stay at home with your kids or replace
your existing income working fewer hours.
If you are going to venture into affiliate
marketing, you should do plenty of research.
There are a lot of people who try affiliate marketing, don't stick with it and fail, but there are also those who are persistent and make a lot
of money doing it.
The best advice I can give is, start slowly, do your research,