AFFILIATE MARKETING

An Introduction About Affiliate Marketing

Do you know Affiliate Marketing?

What is Affiliate Marketing?

A very popular method of promoting Blog/Web businesses is affiliate marketing. An affiliate marketer is rewarded for every visitor, subscriber and/or customer provided through his efforts. It is a modern variation of the practice of paying finder's-fees for the introduction of new clients to a business. Compensation may be made based on a certain value for each visit (Pay per click), registrant (Pay per lead), or a commission for each customer or sale (Pay per Sale), or any combination.

What exactly is affiliate marketing? Affiliate marketing is the single fastest growth industry on the Internet. It’s also true that affiliate marketing is one of the fastest and most creative ways to make money and have a career on the Internet.

From the merchant's viewpoint, the best thing about affiliate marketing is that no payment is due to an affiliate until he or she gets results. Some e-commerce vendors use third party services provided by intermediaries to track traffic or sales that are referred from affiliates and some e-commerce sites run their own affiliate programs. Many businesses owe much of their growth and success to this marketing technique.

In its early days many Internet users held negative opinions of affiliate marketing due to the tendency of affiliates to use SPAM to promote the programs in which they were enrolled. As affiliate marketing has matured many affiliate merchants have refined their terms and conditions to prohibit affiliates from SPAMming.

Today, affiliate marketing is the single fastest growth industry on the Internet. It’s also true that affiliate marketing is one of the fastest and most creative ways to make money and have a career on the Internet.

Simply put, affiliate marketing is selling products on a commission basis. You own a business that advertises and sells products for other companies. You may have a product of your own to begin with or not. The things that a successful affiliate marketer must have are:

1. Your Blog or Website is the jumping off point of all your marketing efforts.

So the first step in any successful affiliate marketing business is building a good, credible and professional looking Blog/Website. You must build a user-friendly Blog/Website, which will attract your prospects and motivate them to click on the links to the products and services you are promoting and make a purchase. There are companies whose business is building Blog/Websites that you can hire to build one for you.

2. You must find products to sell.

You must be able to determine whether there is a demand for those products and if people will actually buy them. You may either have your own original product or products that are made by others. Whichever way you go, you must believe in the products.

3. It will be necessary for you to become an adept advertiser and be able to tell whether the advertising you are paying for is producing more income for you than the advertising is costing you.

4. It is necessary that you have good mathematical skills.

You will need to be able to track your sales and determine profit, as well as, see to it that your suppliers are paid in full and on time. 

You need the full and unwavering support of your family so that you can devote the time and energy necessary to launch your affiliate marketing business.