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Jan

30

What is Affiliate Marketing?

Filed in: Affiliate Marketing, Newbies Guide by Jean on 01-30-10

One of the ways to make money online is through affiliate marketing by promoting the products of another company for a commission on each sale you generate.

People who promote products through affiliate marketing are called “affiliates”, or sometimes “associates” or “partners”. Most affiliates promote products through their websites or blog, but you’re not restricted to these methods. Those who don’t have websites or blogs can promote it to their email list or social networking sites. Basically, anywhere you can put a website address or a hyperlink can be turned into a promotional vehicle — the only limit is your imagination.

The bottom line in affiliate marketing is to promote your product to as many people as you can to make a sale. When you make a sale you earn a commission. It usually ranges from 20% to as high as 75%.

Affiliate marketing is not a pyramid scheme and it is not a tool for scammers and spammers. Affiliates are ordinary people wanting to earn some extra cash from their websites or blogs, or individuals looking for a serious work-at-home business that they can perform from anywhere in the world or in the comfort of their own homes, with serious earning potential.

There are other things you need to learn when you want to go into affiliate marketing. They are:

  • Finding good products to promote
  • Building websites
  • Conducting market research
  • Search engine optimization (getting your website ranking well in the search engines)
  • Creative ways to promote your products
  • Social networking and “web 2.0″ strategies
  • Email marketing
  • Pay-per-click marketing
  • Creating or sourcing content for your website or newsletter
  • Getting motivated, staying motivated, and avoiding potential mishaps
  • Earning money by displaying ads on your site (eg, Google AdSense)

Keep posted as I will be discussing the above topics in my coming posts.

For the meantime, if you really are serious to go into affiliate marketing and want to make money online as an affiliate, Affilorama has a  step-by-step video lessons on all aspects of affiliate marketing, complete with comprehensive written notes. Click here to join Affilorama and get free access to the lessons.

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