Affiliate marketing is a fantastic way for internet entrepeneurs to make money on the web. While the possibilities for making money on the web are endless, affiliate marketing is one of the most dynamic ways to do so. Affiliate marketing gives everyone an equal opportunity to make money with their passions. Sports car enthusiasts, gardeners and video-game connoisseurs can all try their hand at affiliate marketing, learn what works and what does not, and earning an income promoting things they enjoy. If you have the patience and dedication to build a well-constructed site, affiliate marketing can help you build a thriving part-time of full-time business doing what you love.
Two ways to work
Affiliate marketing has two options to make money. The first is to host an affiliate program by yourself. By doing this you are likely to let other people selling your products on their websites wherefor you pay a commission-fee for every sale the make. The second, which we recommend, is the opposite way whereby you join an affiliate network from others and get paid for every sale you make for them.
Which Affiliate Network Do We Recommend To Join?
From all the affiliate programs available, we recommend Amazon to partner up with (espescially as a beginner). Amazon is the largest e-commerce marketplace of the world which offers every single person on earth something they love (and want to buy). Think by yourself, almost everything a person need is being sold on Amazon: video games, watches, Calvin Klein swimsuits, home and carequipment, jewellery, electronics and so on. Futhermore, Amazon was the first major company to use affiliate marketing as a program that was available to the general public. Since 1996, Amazon has never been overruled in the world of affiliate marketing, and the growth of their affiliate marketing platform continues even today.
Frequently Asked Questions (FAQ)
Affiliate marketing is a simple 3-step process: you recommend a product or service to your audience. Your audience purchase the product or service using your affiliate link and you get paid a commission for the sales made using your affiliate link. In most cases, the reward is monetary in the form of a monthly commission check. Most well-designed affiliate programs are easy to implement, require little or no setup, are free and can instantly generate a new source of revenue for you.
Affiliate marketing makes it possible to represent products on more than thousand different websites across the web. At Amazon, for example, there are more than 100.000 affiliates that promote Amazon products across the web, driving a significant amount of traffic to Amazon sites around the world. Amazon pays its affiliates a percentage of the revenue their traffic generates and works closely with them to ensure that they are maximizing the effectiveness of their advertising space and driving quality traffic to Amazon. Because these affiliates are driving traffic to Amazon that the company might not have otherwise attracted, the result is a win-win of Amazon and for its affiliates.
According to a survey from VigLink, 9% generated more than $50,000 in affiliate income in 2016. The majority, 65%, said they were making between 5% and 20% of their annual revenue from affiliate programs.
Yes, affiliate marketing can make you rich. The benefit of affiliate marketing is that it is form of passive income. Once you set an affiliate marketing opportunity in motion, it stands to make you money for years. If done correctly, a few weeks of affiliate marketing can provide you years of passive income.
Yes, you can do affiliate marketing without a website or blog. You can promote affiliates links trough social media, joining online communities or writing an e-book.