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. Unlike many endeavors, 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.
The definition of Affiliate Marketing
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. 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. Essentially, you have two affiliate marketing options:
Host an affiliate program on your website so other can join your affiliate network and sell your products on their websites. They will earn a commission for each sale, and you will sell more products through them. This is the ultimate solution for those who have products to sell – imagine your products advertised for free on thousands of websites accros the world.
Join an affiliate network and sell other products on your website for which you will earn a commission on each sale. You do nothing and pay nothing. The setup is simple – all you do is keep the content updated with what you want to advertise on your website and cash the monthly commission check.
Which Affiliate Network Do We Recommend To Join?
Amazon, by far. The main reason why we recommend Amazon as Host affiliate network is because of their huge offer. Almost everything you need is being sold on Amazon: video games, watches, Calvin Klein, home and car equipment, jewelry, electronics and so on. Amazon is the largest e-commerce marketplace of the world whereby they offer every single person on earth something they love (and want to buy). Furthermore, 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. They now what to do and feel likely to help by selling you as best as possible, thats why we love the Amazon affiliate network!
Frequently Asked Questions (FAQ)
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 the survey, 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.
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