Introduction and ‘What Is Affiliate Marketing?’
There are many different ways to make money online but affiliate marketing consistently ranks as one of the most popular. Take a look at any internet marketing or online business forum and you’ll see countless numbers of people asking questions about affiliate marketing and how they can make money from it.
So – what is affiliate marketing?
In short affiliate marketing is where you recommend other people’s products – and in return the owner of the product gives you a percentage of the sale price if one of the people you have referred actually buys the product or service.
Affiliate marketing is very attractive because it’s pretty easy to get started. There’s no need to create or source products of your own to sell – all you have to do is get people to click on your affiliate link and buy the product, and thus there’s little upfront investment cost and no time consuming products to create.
In reality, affiliate marketing is just one part of most people’s online business. If you want to be really successful online it’s generally accepted that you need to create (or source) and sell your own products, rather than JUST being an affiliate marketer. There are of course exceptions to this rule however and it is indeed possible to earn a very
Affiliate Marketing Profits Unleashed 5
healthy income just from affiliate promotions. Most successful internet marketers make a hell of a lot of money from affiliate marketing!
Affiliate marketing works well for both sides of the party…
Product owners obviously need to get traffic to their websites in order to be able to sell products. And whilst a fair chunk of this traffic will be generated themselves, it makes sense for them to get other people to also promote their products and websites because it will result in lots of extra sales for little extra effort on their part. All they have to do is set up an affiliate program and give people a commission as an incentive – and then they can watch as their affiliates do the hard work and drive the traffic for them.