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A lot of people are now getting into online affiliate marketing business to supplement or as a their primary source of income. Why? Because affiliate marketing just provides them a lot of benefits!
  • An affiliate marketer can reach just about anybody in the world who has Internet access if you market your products online. That means a wider market for you, which can translate to larger affiliate income.
  • Setting up an affiliate marketing business requires only a fraction of the cost required to set up an actual business establishment, which means a lot of savings for the business owner.
  • An Affiliate marketer doesn�t have to have his own products to get started in affiliate marketing. One can start making a lot of money just by selling, or even by just trying to sell, other people�s products.

Hence the lure for affiliate marketing.
 

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Affiliate marketing, in its simplest definition, is a relationship between an online merchant or retailer, who has products to sell, and his affiliates, who are willing to promote the merchant�s product on their website.

In a typical affiliate marketing set up, the merchant provides the affiliate marketer with promotional materials like banners and text ads that links to his site. The affiliates post these ads on their website and they get affiliate commissions whenever traffic or sales is directed to the merchant�s website.

Starting to make money online with affiliate marketing is relatively quick and easy. Sign up as an affiliate for an online company that offers affiliate programs. An alternative method, and usually an easier one, is to sign up as a member of an affiliate network�a network that hosts a variety of affiliate programs for different online merchants or retailers. It's usually free to sign up.

Some examples of affiliate networks are:

a, ClickBank   b, Paydotcom   c, Commission Junction

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Affiliate programs with some companies may require you to have a website and describe its contents. Some affiliate programs won�t require you to have a website. After filling out the form and all, you are then allowed to choose the affiliate programs you want to promote.

After signing up with an affiliate program, how do you make money? There are actually a number of ways for you to earn money as an affiliate, and most of these ways depends on the type of affiliate marketing program you�ve gotten into.

  • Many affiliate marketing programs compensate the affiliate marketer in either of three ways: pay-per-click (PPC), pay-per-sale (PPS), or pay-per-lead (PPL). In pay-per-click affiliate marketing, the affiliate is paid whenever he directs traffic to the merchant�s site. PPS and PPL affiliate marketing programs work rather differently. In PPS, the affiliate only gets paid when his referral converts into an actual sale. In typical PPS affiliate programs, the affiliate would usually get 15% to 20% commission for each conversion. PPL affiliate programs work the same way, although affiliates are paid a fixed fee whenever his referral converts into a lead for the company.
  • Some affiliate marketing programs are two-tier programs. In such affiliate programs, the affiliate would not only be paid for the traffic or sales that he would direct to the merchant�s site but also for the traffic or sales directed by the affiliates who signed up with the program through his recommendation.
  • Another way with affiliate marketing is through residual affiliate programs. Residual affiliate programs are affiliate programs where the affiliate gets paid as long as the merchant keeps the customer the affiliate has referred. One form of residual program gets the affiliate paid a commission every time the referred customer purchases something on the merchant�s site. Another form of residual affiliate program gets the affiliate paid a percentage every month for as long as the company keeps the referred customer.

With a lot of options available and a lot of ways to earn money, affiliate marketing is undoubtedly the most popular and the easiest way to make money by selling other people�s products online. As to how much money one can get from affiliate marketing actually depends on the affiliate. A dedicated and hardworking affiliate would certainly get more from the program compared to those affiliates who would simply sign up and forget about the program later.



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More Affiliate Marketing Tips

How to Use Two Tier Affiliate Programs to Your Advantage
To use two-tier affiliate programs in affiliate marketing to your advantage, be sure that you carefully choose your affiliate merchant who meets these...
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The 3 Easiest Ways For Newbies To Start In Affiliate Marketing
Three things you need to do to be an affiliate marketer who makes a nice affiliate income from affiliate marketing...
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How To Best Select An Affiliate Program
The key to an affiliate marketer�s success is to choose a good affiliate program rather than opting for the best affiliate program! The reason is...
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