Many people have never heard of affiliate marketing or simply may not know what it means. It is also referred to as getting paid to type ads. Firstly, I will say affiliate marketing is one of the best opportunities to make money on the internet and just about anyone who makes A LOT of money online will tell you so. But first, let’s talk about what affiliate marketing really means.
What is Affiliate Marketing?
Affiliate marketing is simply when individuals like you and me promote other people’s products and earn a commission for every sale made as a result of your promotion. The promoters are better known as affiliates and the owner’s of the products are usually referred to as vendors or sellers. Affiliates are provided with a unique link containing their own tracking code which links to the vendor’s website. When people click or visit this link and make a purchase at the website, a portion of the sale will go to the affiliate. The amount depends on what the vendor has previously stated. This amount is usually stated as a percentage but may sometimes be a dollar amount. Affiliates may generally promote their link as they like, either online or offline. Affiliate marketing is a win-win situation for both vendor and affiliate. Vendors do not have to worry about advertising costs as affiliates can do all the promotion for them. Affiliates can either promote companies for free or pay for advertisements at various outlets.
The majority of online sellers now have some kind of affiliate program setup for their website. More and more companies and individuals are seeing the huge benefits of having thousands of people promoting their product. This is good news for you, as this provides more opportunities for you to make money. You can find an affiliate program for just about whatever your interests are. Some of the most money making affiliate programs are in the gambling, financial, web hosting and work at home industries. Information products also usually pay very high commissions. Many web hosts pay their affiliates from $60-$100 per sign up. That can easily give you an idea of the money making potential. More average payouts, however, are in the range of $25-$40 per sale. There are networks which also provide a large listing of various affiliate programs. Some of the more popular ones are Commission Junction, Be Free, Linkshare and Clickank. If you’re looking to make a good income from home, we definitely recommend taking a look at affiliate marketing.
Many people may be intimated by the idea of typing ads and promoting companies. Actually, it’s quite easy! Thousands of people around the world are affiliate marketers as more and more people are seeing the income potential. The best part is, anyone can do it and your income is only limited by how much you put in.