Affiliate marketing is the marketing process that you earn a certain percentage of commission by promoting and/or selling other people’s products and services over the internet.
Affiliate marketing has become the most popular way to make big income for many people. That is amazing because you make money by selling other people’s product from home. You sell as many products as you wish to.
Here is a simple example of affiliate marketing. Let’s say you are helping an affiliate company by putting an advertising link somewhere on your web pages. When a visitor click on that link and he or she is led to the company’s website. If the visitor buy a product, you are paid a commission. That’s simple, right?
What’s the Commission?
Different affiliate companies pay you various commission- that depends on product you help them sell.
If you help sell normal products, the maximum commission rages is 10% out of sales amount. However, if you become affiliated with software products which buyers can click to download on the internet, the affiliate company may pay outstanding commission rates between 50% and 70%.
Popular websites that you can register as an affiliate marketer are: ClickBank, LinkShare and Commission Junction.
Why Affiliate Marketing?
- You earn big commission over other internet marketing methods.
- You make money from other people’s business.
- You don’t have to be worried about delivery, or stock management, payment collection.
- You sell products to people you’ve never know before.
- You are free of handling customers’ complaint or refund.
Requirement for Affiliate Marketers
The first thing you need is to create a blog. If you are already a blogger, that is not hard for you because basic requirement to do business with affiliate companies is a minimum of daily 100 visitors to your blog. Like Google Adsense, you are required to write unique quality content.
If you don’t have a blog yet, you could create one today. You start writing and publishing quality content until you get enough visitors to your blog. Then register to apply for affiliate marketer account.
3 Ways to Earn Income with Affiliate Marketing
To help you understand deeper, I put affiliate marketing into three different ways and decide which one is your favorite business model.
1. Sell other people’s product:
You are paid a commission when you find people to buy affiliate company’s product. Simply speaking, you get commission from making a sales for other people. You get involved in business process with end-users too.
2. Sell Downloadable Software’s and Apps:
You earn big commission up to 70% of sales you make by getting people to download software, mobile application, or games on the internet. There are a lot of companies selling their software or games online, so it is not difficult for you to find them.
3. Bring a Lead and Get Paid:
A lead is a prospective visitor or customer who provides his or her contacting information to other people. Then your affiliate company will make these people become a buyer of their product through email marketing strategies.
Your job is to bring potential customers to your affiliate company and you get paid. With method, you definitely don’t get involved in selling and buying process. Feel free to get earn profit.