What’s This All About?
The process wherein you sell products and services online using an affiliate is called Affiliate Marketing.
The affiliate has uses either a third party website, a blog or by other methods. This aims to earn commissions by selling other people’s products or services. It is the best way to make online income.
There are 4 major players in Affiliate Marketing: the Merchant, Network, Customer and Affiliate. The person who wants to sell products and services thru the affiliate is called a Merchant. The Affiliate is the person selling the Merchant’s products and services on their website or online stores. The venue providing the deals and controlling the payment to the Affiliates is called the Network. End consumers of the services or products are called the Customers.
The Merchant places ads on the site of the Affiliate. Every time a customer clicks the website and a sale on the service or product is closed, the Merchant pays the Affiliate a fixed commission. The tools used in AM are Pay per click, Cost per click, Display advertising and email marketing. Pay per sale is most commonly used by 80% of the affiliates. The others used Cost per click or Cost per action. AM earns money online without any costs.
It just increases the online status and delivers Global exposure.
The popularity and online traffic of a blog or website is used to earn money online without having to produce items or provide services. On the merchant’s end, this reduces their costs and time in spreading their business online with a global reach without putting too much effort.
Popular Affiliate Networks are:
- Commission Junction
- Amazon Associates
- Google Affiliate Network
Strategies for Affiliate Marketing the Smart Way
There are several ways you can earn money online and one of this is thru this marketing technique. You must learn the methods on how to earn passive income from this strategy.
First you have to set up your system. You will need to have a blog or website, a little CSS and HTML know how, good English writing skills, a short eBook or report, an email auto-responder and your target traffic.
If you have your own blog or website, you must know a little CSS or HTML to make your site look attractive by applying some special effects. The email autoresponder is a service that notifies you every time someone subscribes to your blog and it allows you to send an email to the subscriber at any given time.
Once you have all these set up you can now begin. Blogs and eBooks attract viewers to your site. The moment you have a visitor, it takes them to a landing page where their basic information is being gathered via a form. It asks them for their email in exchange for the free eBook or service you are offering in your blog. When they give you the email, the auto-responder sends them a notification confirming the address and the eBook or whatever he subscribed for free.
Now you must convert those emails into sales. You can now send those emails about something unique for example a “7 day course on how to get thin”. You should make the headline enticing to build a connection with your visitors. Since you gave the customer so much free information you must make money. Offer them products related to your course like weight reduction pills or appetite suppressants.
Once they get interested in the products, they have to click the links embedded in your eBook or blog to be able to buy them. Those links are connected to your affiliates like Amazon. Once they click the links, they get connected to Amazon or your partner website. Every time they buy the product from Amazon, you get a commission from it. The technique in getting more sales is to get more traffic into your websites so that you can gather more emails and guest postings. This technique alone can generate $50 to $100 a day.