Money Forum > Make Money On Affiliate > What Is Affiliate Marketing

7/25/2009 12:16:04 AM
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What Is Affiliate Marketing

If you don't already know what affiliate marketing is, it's a merchant, such as an online toy store, will pay a sales commission to anyone who refers customers to their website. This referral process is managed by using specially coded links that represent the referring affiliate whenever someone clicks on that person's link and then rewards them with a commission when that prospect makes a purchase. In other words, these "affiliate links" keep track of who refers business to a website, and the person who refers this new customer is called an "affiliate". It's not unusual to
earn up to 60% per sale in commissions.

Generating a part or even full-time income by running your own affiliate marketing business has many benefits. Here are just a few of the reasons that affiliate marketing is considered the ultimate home based business.

Extremely Flexible

You can make money promoting products and services in almost any industry or niche market you can think of. With thousands of available affiliate programs to choose from, you can promote toys this week, gardening tools next week, children's clothes the following week, and so on. You can promote any type of products that you think people might be interested in, while earning affiliate commissions each and every month.

Run It From Anywhere

Because an affiliate marketing business is all conducted via the Internet, you can run your business from just about anywhere in the world - even while you're traveling. As long as you're able gain access to the Internet, you'll be able to run this business as though you were sitting in your office.

Low Startup Costs

An affiliate marketing business can literally be started for less than $100. Unlike other business opportunities that you may have been exposed to, there are no startup fees, or application fees to becoming an affiliate, because it's completely free.

Part Time Or Full Time

If you currently have a job that you'd like to replace with your own business, you can work and build your affiliate marketing business in your spare time, or you can dedicate yourself to affiliate marketing on a full time basis. The point is that you can work as little or as much as you want, and still build a profitable online business through affiliate marketing.

No Inventory

Since you'll be promoting products and services that other companies actually sell, you don't have to mess with the headaches of having to stock inventory.

No Shipping

Since you're not actually selling something to the end consumer, you don't have to deal with shipping hassles of actually having to get the item to the customer. Instead, you can just refer someone to your affiliate link, and when they buy the product, the whole ordering and shipping process is out of your hands, and the company that actually owns the product takes it from there.

No Payments

Since you're not selling your own product or service, you don't have to physically collect money from the customer, set up a merchant account, or any of that stuff. You simply refer people to your affiliate link, and then they pay the company for that product or service, and the company sends you your commission.

No Customer Support

This is a great benefit to you, as an affiliate, because you don't have to deal with the customers of the companies you promote, and this means you don't have to handle any complaints, problems, or any other types of problems that come with having to interact with customers.

No Selling

You may have seen claims from other business opportunities, such as with network marketing, that no selling is involved, but this is completely true with affiliate marketing, because the merchant's website is already set up to promote the products with proven web copy, testimonials, and so forth. All you have to do is get people to that website.

No Website

We just covered the fact that the merchant already has the website that does the selling of the products or services that you're recommending, so you really don't even need a website of your own. Now, there are certainly some advantages to having your own affiliate website set up to help promote your affiliate offers, but it simply isn't necessary to do so in order to make money with an affiliate marketing business.

No Sales Quotas

Most affiliate programs are set up so that you'll get paid even if you only make one sale in a given month. In fact, it's the opposite... if you make a lot of sales, you'll actually get a "raise", which allows you to earn even more commissions. This raise is sometimes called a "performance bonus", and this can often be rewarded to you for hitting certain sales level. However, regardless of how few sales you may make in a given month, you'll still get paid for those sales, in nearly every instance.

No Recruiting

Unlike other business opportunities, you aren't required to build any downlines by convincing other people to join the same business under you. Affiliate marketing doesn't work that way. It's simple...

Affiliate marketing allows you to make money by promoting products and services of other companies, and when you make sales, you get paid. Period. If you make sales, you earn commissions. If you don't make sales, you don't earn commissions. It doesn't get any simpler than... you refer something, someone buys something, you get paid!

Huge Potential

Even with all the amazing benefits that you've just heard when it comes to building an affiliate marketing business, the business has huge potential. There are affiliates right now who are generating millions of dollars a year in income from their affiliate marketing businesses. There are tens of thousands of other people all over the world who are making a great living promoting the products and services of other companies as affiliates.




7/27/2009 2:20:09 AM
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Re: What Is Affiliate Marketing

Affiliate marketing is an online advertising channel in which advertisers pay publishers only for results, such as a visitor making a purchase or filling out a form, rather than paying simply to reach a particular audience.

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