There are many people already making money online through the affiliate marketing system.
There are thousands who become rich with this program and think about the author of Google.com and other giant online networks, they actually function with affiliate marketing.
What is Affiliate Marketing?
Affiliate marketing is an online practice which a business owner rewards an affiliate for the visitors or customers brought in by his marketing efforts.
The rewards are either cash or gifts and are given for either an offer completion or site referral. Usually, in this process, there are four people involved:
- The Merchant – The Advertiser.
- Net Worker – Like Google and Amazon owners.
- Publisher – An Affiliate.
- Customer – The Buyer.
Recently, this market has grown complex with the secondary players like affiliate management agencies, third party vendors (specialized) and super-affiliates.
It works by simply using the affiliate’s website to drive traffic to the merchant’s own site or to allow visitors to be forwarded to the merchant’s main web page.
Basically, this is also what we can call revenue sharing between the online merchants and online affiliates. The compensation given to the affiliates depend on how many users clicks, sales or registrations were made on the merchant’s website via their own.
Affiliate marketing enables the automation of the advertising processes and the payment for desired actions. Merchants have preferred this internet marketing strategy because it is a “pay per performance” model, where they do not incur any expenses for marketing their products unless the affiliate produces the results they need.
Affiliate marketing can also be translated as a type of business relationship where you, as an affiliate, promote a merchant’s services which are different from yours. This means that you do not need to have your own product in order to venture into affiliate marketing. You only need to promote your business provider’s services and products.
Your Website Or Web Page As Your Advertising Agency
This is how it works – you need to have a web page or website/s that contain/s a link that directs your users or visitors to the main page or online store of the merchant. If you want to build a website I refer you to visit Making Money Online.
When one of your site visitors clicks on that link and purchases something from the merchant’s website, you will get a sort of commission or a referral fee. This way you are the one driving traffic to your merchant’s website through your own web page.
The merchant will pay you whenever a visitor from your site buys something or signs up for something on their site. A special affiliate link is assigned to your web page, making it easy for the merchant to track customers coming from your site. One merchant is allowed different affiliate links and all of them will direct the users to its website.
Another strategy that works in affiliate marketing is the use of web page codes or web cookies. This is actually a very interesting way to still profit even if your visitor clicks on the affiliate link and does not purchase from the merchant’s site at once. How does this work?
The moment a user clicks on the link, a cookie is stored in his computer, indicating that he or she visited the merchant’s site and recording your page as the one that referred him to that website.
If, let’s say a couple of weeks later, the user finally decides to buy something from the merchant’s online store and types the web address of the merchant directly into his browser, the cookies stored in his computer will still recognize the purchase as a referral from your affiliate link, allowing you to receive a compensation from the merchant.
Note that cookies have an expiration, so you must read the affiliate program’s terms carefully to check the lifespan of these cookies.
The success of affiliate marketing has also paved way for the rise of many online companies such as Amazon.com, Clickbank, and Google.com through AdSense program, they now have thousands of affiliates.
As An Affiliate You Can Sell Products
If you want to sell online products I recommend you to visit Clickbank because it has a good percentage of commission with thousands of online products that you can choose from your best on selling.
You can also sell products from amazon and ebay with thousands of different kind of products from jewelry, clothing, household supplies, electronics, and automobiles and so forth. These two online giant stores are known to be the biggest store on the net. However, they only give a small percentage of commissions.
Google adsense is somewhat different affiliate marketing system, you are only to publish its links at your web page or website and anyone that clicks on its link you’ve got a commission.
For an unlimited commission try to visit Ignition Marketing but its affiliate marketing program needs a one-time investment for the products you are going to sell with unlimited online income.
Affiliate marketing is one of the different ways to make money online from home.