How To Explain Affiliate Marketing
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If you have ever thought about starting an online business and work from home, affiliate marketing is an excellent choice!
If you are looking for time and location freedom and create passive income? Secure your retirement and have more time for your family?
Well… Affiliate Marketing is something you should consider, as it has become a popular online business option for many.
Affiliate Marketing is where someone promotes someone else product or service and receives a commission. Join-Promote-Earn
There are three parts to the Affiliate Marketing business model:
- Seller and product creators ( Merchant).
- The affiliate or advertiser. ( affiliate Marketer)
- The consumer. ( buyer or customer)
An Affiliate Marketer agrees with a merchant with a product, and he promotes that product and receives a commission when someone buys the product he offers.
An affiliate does not sell direct, he promotes and sends customers to the company, and the company sells and ships the product. You might ask… but why would a merchant pay so much in commission? Here are some reasons:
Benefits for the merchant:
- more traffic to his product
- no advertising cost
- more sales
Benefits for the affiliate marketer:
- no need to create a product
- no inventory to hold
- no customer service
- no shipping of products
- low start-up cost
Great, now that you know the benefits of the business, there are other questions:
How does the merchant know who sold a product?
The Affiliate Marketer receives a code (link) from the merchant, and when a buyer clicks on this link, it shows that this affiliate has referred the customer, and he gets a commission. We all have clicked on these links on websites and blogs, and most of these links belong to Affiliates.
That link has a code that tells the merchant who promoted this item and who gets paid when the customer clicks on the link and purchases it.
Commissions can be anywhere from 3% to 80% at no cost to the buyer! That’s right. Commissions can be high.
Affiliate marketing is an excellent way to generate income on the Internet. It is especially beneficial for those who want to earn without spending too much time monitoring sales or client response.
But be very selective with whom you partner up. There is a lot of glitter out there. Partner up with the right company will be better in the long run. Good relationships and getting the right partners can prove favorable in the long term.
Where to find products to promote?
Sites like CLICKBANK or JVZOO provide hundreds of products to promote, and you can register for free. Amazon has an excellent affiliate program, as well. As I said, there are many options for you to look at.
Affiliate marketing is undoubtedly the most popular and the easiest way to make money online by selling other people’s products.
As to how much money one can get from affiliate marketing depends on you. If you are dedicated and hardworking, you would undoubtedly get more results compared to those who would sit and wait or not take action at all.
If you do not know where to start and want more information on becoming an Affiliate Marketer, I know of a great training company that has helped me get started.
This program is not a get-rich-quick program, nor does the company believes in overnight success. Here you get the right training, the right mindset, and support.
Thanks for reading, and you can always contact me if you like more information on affiliate marketing.