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What Is Affiliate Marketing?
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What is affiliate marketing? You may have come across that term when searching for jobs you can do from home on your computer and wondered what it was. In this article I will tell you what affiliate marketing is, cover the different kinds of affiliate marketing, and tell you where you can learn how to be a successful affiliate marketer.

Affiliate marketing is when you promote someone else's product or service and earn a commission whenever someone makes a purchase based on your promotional efforts.

Here is an example of how it works: Let's say you would like to promote cell phones. You do a little research and see that one of the leading online cell phone providers is a site called Wirefly.com. You fill out an online application form to be an affiliate for Wirefly. Once approved, Wirefly sends you a special link called an "affiliate link" so that they can track who visits their site based on your marketing efforts. When someone makes a purchase based on your referral, you earn a commission. I think Wirefly is currently paying $35-$65 for each cell phone purchase with a service plan. If you built this up to the point that you sold just 3 cell phones a day you would make more than many people make at a regular full time job.

What if you don't know anything about cell phones? There is an affiliate program for just about any product or service imaginable. Many well known companies have affiliate programs. Amazon, eBay, Best Buy, Walmart, AT&T, Time Warner, Verizon, Dish Network, DirecTV, Dell, Apple...the list is endless. Whatever your interest, there are most likely several affiliate programs to choose from where you can earn a commission for promoting a product or service.

What are the different kinds of affiliate marketing? These can be divided into 2 groups - free methods and methods you need to invest money in. Most people start with free methods, and when they start making money they may reinvest some of the proceeds into paid advertising.

One of the most popular free methods is blogging. You can create a blog on any subject and put your affiliate links on your blog and in your posts. When your blog gains a following, readers will click on the links and if they buy something you make money.

Another free method is known as article marketing. You can write articles on your subject and include affiliate links in your article or in your author bio.

You can also do affiliate marketing on social networks like Facebook. You can make a fan page about your chosen interest and put your affiliate links on that.

One of the most effective ways to do affiliate marketing is to build an email list of people interested in a certain subject. You can contact your list subscribers again and again with offers that are of interest to them.

Paid methods would include pay per click marketing. You can pay to have an ad appear in the search engines (like Google) whenever someone searches for a certain term or keyword phrase. When they click on your ad you are charged a fee. When your commissions are greater than your pay per click costs you make a profit.

You can also pay many website owners for advertising space to place an ad or banner on their website. Again when your commissions from sales exceed the cost of placing the ad, you make money.

Where can you learn how to be a successful affiliate marketer? There are a lot of scam artists out there so you have to be careful. You can learn the basics of affiliate marketing for free on my blog. I have a free 12 lesson course to get you started.


Street Talk

Good one Daniel!

Reply
  about 7 years ago
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