What Is Affiliate Marketing and Is It For Me by John Farina
Affiliate
marketing can be defined as a widespread method of promotion in which an
affiliate is rewarded for every view, sale, and/or registration produced through
the affiliate's efforts (depending on the type of affiliate program).
It's similar to collecting commissions as a typical salesperson would.
The more the affiliate sells. fashion designer chenximei901.. the more the
affiliate gets paid. It's as simple as that!
Compensation calculations
vary but are typically based on one of the following:
Pay-Per-Click
(PPC) - a specific amount is paid for each visitor the affiliate sends
Pay-Per-Lead (PPL) - where the affiliate is paid for registrations or
sign-ups
Pay-Per-Sale (PPS) - a specific commission per sale is paid to
the affiliate
If your goal is to generate your entire income online you
can drive traffic from your subscriber lists, your websites, and from other
marketing methods to affiliate links.
What About Product Sales and
Marketing?
You'll want to watch for great products and services with the
potential to benefit your niche market and your mailing lists. To build trust
and income, it's best to recommend only those products that will be of specific
interest to them. It's a win-win situation for everyone that way.
When
an affiliate is marketing any product, the cost of marketing the product is
absorbed by the affiliate, so it's important to keep that cost in mind when
promoting products. Typically the higher the percentage of affiliate commissions
possible from any quality product, the more that product is worth promoting.
When a product is sold through the affiliate's personal link, depending
on the service used, the total sale is divided up among the vendor, the
affiliate, the taxing authority, the shipper (if any), and the payment
processor.
It is common and expected that all affiliate details be
spelled out in the affiliate sign-up process. However, you shouldn't be afraid
to contact any vendor to clarify their affiliate program if you have questions.
Often you can telephone or email for a fast reply. If they are not willing to
answer your questions then you should stay away from them. There are plenty of
other quality affiliates programs that would love to have you!
Is a
Digital Lifestyle for Me?
Many standard retailers offer very small
commissions for affiliate sales while most internet marketers offer around
50%-75% of the sale for being an affiliate of their digital product. This is why
being an affiliate of digital products can be very lucrative in a relatively
short period of time.
Although the number of affiliate programs for
tangible goods and off-line services is rising, a completely digital lifestyle
can be developed solely from digital or downloadable affiliate products that may
never take physical form.
Of course it's important to note that as an
affiliate of any tangible product, you generally never do more than promote a
link to the product online. So in that sense it's basically the same as a
digital product.
One of the best places to find digital products to
affiliate with is ClickBank.com. They have an automatic affiliate program built
into their payment processing service so that affiliate payments are not left up
to the product owner to process.
Three other good affiliate programs to
check into are:
CJ.com (Commission Junction) Amazon.com LinkShare.com
Staying with reputable, well-known internet vendors makes a great deal
of sense because you know you will get paid, you know when to expect a check or
bank deposit, and you can see your account details online at any time. Plus, if
you do have a problem they are more than willing to take care of it.
How
Do I Get Started?
There are many ways to start with affiliate marketing,
but a basic starting point is to have a web site with text or image affiliate
links to products you want to promote. Generally you want to stay focused within
a niche or interest group to increase your sales potential. In other words, you
don't want to have many different affiliate links to variety of completely
different markets on your website. Stick to a similar theme.
If you have
used the products, your promotional efforts could include a product review based
on your own experience along with images and other supporting information.
Developing an email opt-in list is helpful in affiliate marketing
because it gives you the opportunity to find the products and information with
the most potential benefit for a group of like-minded individuals (your
subscribers) and tell them about it. A targeted list of subscribers, that you
have built a good relationship with could be worth thousands of dollars over
time.
By promoting affiliate products to several targeted niche markets,
it is possible to create a substantial income over time. Especially when the
affiliate marketer is only promoting quality products with a real potential to
benefit customers within the niche.
In conclusion, affiliate marketing
is a great way to build an income without having a product of your own, and
without having to do much more than get interested people to view product
information through your affiliate links. It's very easy to get started and can
eventually put a lot of money in your pocket Louis Vuitton bags
. But be prepared to put in a
lot of time and effort. Making money online through affiliate programs is not
easy. If it was everyone would be
rich.
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