If the phrase ‘Affiliate Marketing’ seems strange to you, this guide is a must read for you. Here, you find a simple and easy to comprehend overview of the concept of affiliate marketing and some tips to get started and make big earnings from the online marketing strategy.
What is Affiliate Marketing?
Affiliate Marketing is a new way of earning online money by referring others to buy items online. Today, companies are engaging in this form of effective marketing and reward the affiliates for generating visitors to their business. It is a very cost effective tool as affiliates are paid only upon completion of the sales. In simple words, Affiliate Marketing is a way to earn commission through product or service recommendations to other people.
How does it Work?
Becoming an affiliate is pretty simple and straightforward. Though each affiliate program has its own approval criteria, they normally have no pre-requisites and are free to join. Here is the four step process to show how an affiliate program works:
1. You choose the product you wish to promote
2. You register for their affiliate program
3. You receive special link which allows the seller to track the number of people clicking your link
4. If any of them buys the product, you are paid commission
How to find a Product to promote?
You can find the suitable product for promotion by simply searching over any search engine. You can pick up virtually any product or service available online and you will find an affiliate program which can pay you for referring a sale. When trying to select the product for promotion, it is worth asking yourself the following questions:
- Do I use this particular product?
- Will most of my readers benefit with this product?
- Is the purchase process simple?
- Do they offer a good commission?
If you find a ‘Yes’ to all of these questions, then it is good to go with the product.
How to Sign Up?
Registering for an affiliate program is quite easy and quick. You can go to any online seller’s website and look for the affiliate marketing section which lets you sign up for the program. You can provide some basic details they require and start earning from your referrals.
Affiliate Marketing is one of the best ways for bloggers to start making some money with the traffic they create. Using the correct product selection and strategies, you can earn a good amount of money on regular basis with affiliate marketing.