What Is Affiliate Marketing?
Affiliate marketing like being a sales-person who is paid on a commission only basis. First, you become an affiliate for a product or service by having a unique website address or URL for that product or service.
It can be an actual physical product that has to be shipped, or it can be a digital product that can be delivered electronically to a computer. Next, you promote the item via free or paid online marketing methods to a target audience. When somebody goes to the product website via your unique link, you will get paid a commission when they buy something.
What Is An Affiliate?
Basically, an affiliate is anyone who has is entrepreneurial and is prepared to learn how to use the internet to their advantage. To become an affiliate you just go the website of a product or service that you like and look for their affiliate plan. Some are free to join and some require a fee. As soon as you have joined, you will be provided with a unique affiliate link to the product website and it is that link that you will provide to your potential customers to use.
How Does Affiliate Marketing Work?
The great advantage of affiliate marketing is that you do not have to buy any stock before you sell it. Once you are an affiliate for a product, you can promote it online to a target audience. You do not have to worry about shipping and delivery, keeping any stock, organizing any returns or any other customer issues. The product owner will do all of this for you. You don’t even need your own website to start with, although having your own website focused on a specific topic will provide you better results in the long run.
This is why when people actually understand what is affiliate marketing, they realize that it is the perfect way to start your own home based online business.
Affiliate Programs That Pay
As an example, you can become an Amazon affiliate and sell products that are on the Amazon website. Let’s say you choose camping products. One way to get sales is to place an advertisement for best selling tent you found on Amazon into an online newsletter or ezine about camping. When somebody clicks on your ad and when they buy the product, Amazon will pay you a commission. You can also find a huge selection of digital products at Clickbank. It is free to join and has thousands of digital products to suit many different markets and audiences.
How to Do Affiliate Marketing
When learning affiliate marketing, the biggest challenge is getting a steady flow of buying customers to visit your website or to click on your affiliate link. There are many methods you can use to get customers, some are free and some can be quite expensive if not done correctly.