Affiliate Marketing is one of the most lucrative ways of making money online, and there is NO reason why YOU shouldn’t take advantage of this opportunity.
Lots of people are making tons of money selling other’s products online, but just as many try, and fail miserably. Affiliate marketing may sound simple and like something that anyone can do, and IT IS! IF you know how to do it. As well as in any other online venture you first need to obtain the basic tools and knowledge to do so. Later in this post I will show you exactly what to do to get kicking online, but first of all:
What IS Affiliate Marketing?
Affiliate Marketing is basically a marketing “tool” that sellers can use to promote and sell their products on the internet. The companies (vendors) make their products available for affiliate marketers, (publishers) who then try to market the product on the internet. In return they get a percentage of the income they generate for the vendor.
Affiliates are often used for promoting new products and special offers, or they can create leads for news letters, campaigns, newsletters, etc.
The affiliate is basically a seller on provision, which means that he doesn’t cost anything for the vendor, unless the vendor himself makes money on the sale.
PPC – Some affiliates make money displaying ads and banners, this could be on a website, blog, or on social media. This method is called PPC (Pay Per Click) and it means that the affiliate is paid whenever someone clicks on the ad or banner he is promoting.
Some companies choose to manage their affiliate deals themselves, meaning that they handle all the administrative work, themselves. Others prefer to use a so called Affiliate Network.
An Affiliate Network is a company that acts as a third party, or middle man, between the affiliate and the vendor. The Affiliate Network handles most of the administrative work like taking care of invoices, tracking, payments, etc. This makes it easier and saves a lot of time for both vendor and affiliate.
Another good thing about affiliate networks, is that they gather many vendors and affiliates on one platform. This makes it easier for all parties to find suitable business partners, than if they had to go out and look for them themselves.
Some of the most popular Affiliate Networks:
- Rakuten Marketing
- Affiliate Future
How Much Does An Affiliate Marketer Earn?
It differs a lot from affiliate to affiliate how much money they make. You could say that an affiliate earns what he is worth. I know it may sound harsh, especially if you are struggling making sales, but that’s how it really is. If the affiliate doesn’t make any sales, he doesn’t earn any money. Like any other seller on provision, he has to earn his living.
Obviously, this is bad for those struggling, but it also means that for those who succeed, the sky is the limit. So, basically you can say that if an affiliate knows what he is doing, and works hard, there is no limit to how much he can earn.
There are many really good affiliates around, so called Super Affiliates, who make $50.000 or more each month! Most of them have been affiliates for many years and they really work hard, but when they can do it, who’s to say that you can’t follow the same dream?
Just don’t expect to make that kind of money overnight; it takes training, training, and more training to obtain the necessary skills to reach that level, however it is possible to get training and guidance, so you can achieve your goal. Wealthy Affiliate is a great community that I fully recommend if you want to succeed with affiliate marketing or any other online business.
So how does Affiliate Marketing work? What you do is use what’s called an affiliate link. An affiliate link is the hyperlink that connects the affiliate to the vendor. The link contains some unique ID’s that make it possible for the vendor, or the affiliate network, to see which one of their affiliates sent the traffic and created the potential sale.
The affiliate can choose to use a visible link, or he can hide the link in what is called an anker text, to make it look better. Like this:
It is also possible to use images in your content, and tie an affiliate link to the image itself. That way, when the visitor clicks on the image, he is sent directly to the vendor’s website.
The Affiliate Program
The Affiliate Program is the term used for the arrangement made by the vendor and the affiliate.
A program usually contains product images, graphic elements such as ads and banners, and information about the vendor, payment, rates, and certain guidelines.
What Does An Affiliate Marketer Do?
An affiliate marketer promotes products, services and offers for companies, or vendors. He typically works as an independent seller on provision that makes his living by creating income for other businesses.
Most affiliates’ work consists of making websites, like this one, where they create texts and other content, like video’s, podcasts etc. about a specific subject.
That subject could be smartphones, Ipads, children’s clothing, books, or affiliate marketing like the article you’re reading now.
The goal of the affiliate is now, to send the visitor through his affiliate links, to a vendor, (like Amazon or ebay) that sells the products the affiliate is promoting, and the visitor is interested in.
The Cost Of Affiliate Marketing
Affiliate marketing doesn’t cost anything, except the time spent doing it. In other words, it is free to be an affiliate, and for the vendor it only costs, if the affiliate makes a sale.
That is why affiliate marketing is so lucrative for all parties, and something any online business would be wise to engage in.
So yes, there is money to be made in affiliate marketing, but it’s not as
easy as it sounds, and many try for years without making any money at all, and then they give up. Others have learned the hard way, through trial and error, but it really doesn’t have to be so hard.
Join Wealthy Affiliate and let me and thousands of others help you get started with your very own online business. You can try it out for free, yes FREE, you don’t need to enter your credit card information, NO CATCH, and if you feel that making it big online is something for you, then you can go for Premium, it’s your choice. The following is just some of the things that WA has to offer:
- FREE starter account
- Unlimited Access to Live Chat
- Instant Help
- Blogs and Questions
- Interactive Getting Started Training
- Boot Camp (Step by Step Training)
- The Chance To Network With Over 800.000 members
- More Than 500+ training resources
- Unlimited Websites for FREE (Value $20+ a MONTH!)
- Q&A 24/7/365
So what are you waiting for?
Let’s get started on YOUR online business now!
Watch this Youtube video about Affiliate Marketing for beginners:
Thank you for reading, I’m looking forward to working with you.
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