Affiliate Marketing Made Easy

Saturday, February 14, 2009

Interested in becoming an affiliate marketer but lack of know-how holding you back? Then read on to gain an insight into the world of affiliate marketing.
Affiliate marketing is undeniably one of the best methods of promoting a web business online. It originated from the concept of revenue sharing i.e. paying commission for referred business. It is an internet based marketing practice in which a business rewards one or more affiliates for each visitor or customer brought about by the affiliate’s marketing efforts. The essence of affiliate marketing is attracting attention to a good or service by utilizing online resources that are managed by partners or affiliates. You need not have any marketing or sales experience to become a successful affiliate marketer. Plus, the startup cost is very low, which is a big advantage. Creating automatic marketing systems that provide affiliate income regularily is not very hard to accomplish. Choose a niche target market, where the competition won’t be very stiff, and preferably an area you’re interested in and then sign up for various affiliate marketing programs. Once you sign up with a company they will provide you with links that have an original tracking code attached to you. You then display these links on your website and promote them on the internet.
The most effortless way of doing this is by presenting advertisements on your website. Usually, the advertisement can be clicked on by a potential customer who is then redirected to another page or web site where there is more information about the good or service. Merchants favor affiliate marketing because in most cases it uses a “pay for performance” model, meaning that the merchant does not incur a marketing expense unless results are accrued. Most affiliate programs reward affiliates through revenue sharing. This means that the affiliate earns either a fixed amount or a percentage of the price of the good or service that was purchased after being tracked down from the web site of the affiliate. Another popular method of generating income online is “cost per action” i.e. the visitor only requires to click on a particular advertisement and the transaction need not end in a sale for the affiliate to earn a commission. The PPC (pay per click) is the most commonly heard of. Two easy ways of earning a buck are by using Adsense and SpeedPPC. Companies normally pay their affiliates either on a weekly, bi-weekly or monthly basis with no minimum amount of earnings required. Although it takes time to build a successful affiliate marketing program, it’s worth the effort and with time it can earn you a full time profit. Also, with affiliate marketing you can enjoy the flexibility of working for yourself.

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