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Welcome
to Affiliate Program Guide! |
Making Money Selling Other People�s
Products With Affiliate Marketing
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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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