AFFILIATE MARKETING-HOW TO MAKE MONEY ONLINE
Posted on June 29th, 2012 by Deepak Dhiman
Affiliate marketing is a very easy and convenient way to make money online, sitting right in the comfort of your own home. Affiliate marketing is really a legitimate and effective way to earn money on the Internet, and the beauty is that you do not have to have your own product.
Let us first understand what an affiliate program is and how it works. In affiliate marketing, a person affiliates himself or herself with a company and markets their products or services. There is no need to bother about developing a product or service, about shipping, billing, payments, credit or even after-sales service. And even selling! All a person has to do in affiliate marketing is to recommend the company or its product and service and earn a commission on every sale or lead.
The company selling the product is the advertiser or merchant, and the affiliate, also known as publisher or partner, is a person or company who assists in the promotion of the company’s product and earns a commission for doing so. Often there is an intermediate, the account management service that partners with both the advertisers with the affiliates and keeps track of the sales and commissions. A person can easily earn a commissions on a for example, a popular brand-name product just by placing a link on his or her website or in email. Simple!!
Several well known companies like amazon.com, buy.com and walmart.com offer affiliate programs that have proven to be successful and which a person, who is interested, can join for free.
HOW TO START
First choose a product or service and an account management service you want to work with as you will need both. If you choose the product first, the advertiser will direct you to the account management service that the company works with. And if you choose the account management service first, it will provide you with a list of companies or merchants that they do business with for you to choose from. You can also verify if a company offers an affiliate program by going to its website and check the menu bar or the bottom of the screen. Search there for ‘affiliate’, and if you find it, you can click on the link and get all details of the company’s’ affiliate program and requirements.
Some tips for starting affiliate marketing :
- When you start affiliate marketing, stick to products or ideas that you are familiar with and have a deep interest in. This will make it easier to market it to your visitors. Also, if you try to set up an affiliate marketing business on something that doesn’t interest you, you will quickly lose interest and will definitely not succeed.
- Try to offer something connected with your existing business , if you have one, or which may add value to your business.
- Never try to promote too many products right away in the beginning, aiming at making big profits in a short amount of time. You may end up getting trapped into handling too many, to do justice to any of them. Ideally choose a product or service that appeals to you, research the product thoroughly to see what the demand is and get to know the products or service you promote better . This way you will be able to target them for a more efficient advertising campaign.