Making
Money with an Affiliate Marketing Business
Learn Affiliate
Marketing!
Get your FREE
affiliate marketing
e-course with all the
'how to' information you need
to set up a profitable affiliate marketing
business -- quickly and
easily.
Learn Affiliate Marketing
for Free
!
|
If you would like to start an internet business but don't
have your own product to sell, consider making money with an
affiliate marketing business.
Affiliate marketing is a very doable internet business model
that doesn't require having your own product, there's no shipping or
inventory involved and there is no customer services
details to sort through.
To begin making money with an Affiliate marketing
business you will first need to partner with an
online merchant whereby you will promote their goods or
services. If you make a sale -- you receive a
commission.
But is affiliate marketing a real "honest to goodness
business" that you can actually make money at?
ABSOLUTELY, I do it every day! And after having been
involved with several internet marketing business models prior
to affiliate marketing, this is the one I enjoy and love doing
the most.
But let's delve into this extremely profitable business
model a bit more.
How You Make Money with An Affiliate Marketing
Business
You can find affiliate merchants through popular affiliate marketing
networks like
Commission Junction, LinkShareLinkConnector or Clickbank. You can also find
products through private sites that offer affiliate
programs as well but I find that it's easier to start out
with affiliate networks, payments are more on schedule and
products are easier to find.
Once you find an affiliate merchant you can sign up for
their affiliate program which is typically free to join --
beware of merchants that charge money to join their affiliate
programs, these are generally not affiliate
programs.
Once signed up, the affiliate merchant will assign you an
affiliate link for you to promote.
How you promote that link is up to you, however I strongly
suggest that you create a web site for promoting your affiliate
product(s). There will be some costs to creating and hosting a
website and the purchase of a domain name, but these costs are
minimal.
How you earn money through affiliate marketing depends
on how the affiliate program is set up. There are
typically 3 ways:
Pay Per Click — Any time a potential
customer leaves your affiliate website by "clicking" on your
affiliate link that leads them to the merchant's website. Money
is then deposited in your affiliate account. The amount of
money deposited depends on the what's in the affiliate
agreement.
Pay Per Lead — Any time a potential
customer leaves your affiliate website by "clicking" on a link
that leads them to complete a registration form or register at
the merchants website. Money is then deposited into your
affiliate account. The amount of money deposited depends on the
what's in the affiliate agreement.
Pay Per Sale — Any time a potential
customer leaves your affiliate website by "clicking" on a link
that leads them to the merchant's site where they make a
purchase. A percentage, or commission, is deposited into the
affiliate's account depending on what's in the affiliate
agreement.
Promoting Your
Affiliate Marketing Products/Service for making the most
money
Be on the lookout for affiliate programs that pay residual
income. Residual Income
Programs are programs that pay you month
after month. They come from promoting products such as
monthly subscriptions or monthly services. For example I
promote a hosting company called Thirdsphere
hosting. Thirdsphere is a monthly hosting service
that I get commission from every month as long
as the customer continues his/her subscription.
Promoting residual income products or
services is an excellent way of ensuring you keep a
steady income arriving each month.
The best way to promote your affiliate products is through a
website. A website allows you to promote your products by
posting useful affiliate product reviews, articles and
content that interests your visitors. It's called
pre-selling. By pre-selling your visitor you are 'warming
them' up' , so to speak, to the idea of purchasing your
products. It gives the viewer much more information to go
on before making the purchase and buyers appreciate that much
more than just pointing them to an affiliate link.
Newbie affiliate marketers often start out by simply
posting their affiliate links on their site
without creating useful content. Very few sales are
made that way. Ken Evoy explains how this
works quite well in his Affiliate
Master's Course. I highly suggest you get
a copy and read it -- it's free but very
good.
Another personal recommendation of mine for learning
everything about affiliate marketing and the money making
strategies is Rosalind Gardner's Super
Affiliate Handbook -- highly
recommended!
|