What Is Affiliate Marketing? A Simple Definition For Dummies
Affiliate marketing is a multi-billion industry, you would probably be amazed about how widely spread it is. But what is this thing? Nothing that special, it is simply: selling other people’s stuff, that’s all! No need of fancy and complicated definitions. And it is also one of the most lucrative ways to make money online. It has made hundreds of thousands of people millionaires and many more make a living this way. But it’s not as easy, as a walk in the park… I don’t want to make such an impression. It is a business like any other and if you want to be profitable, you need to take it seriously. However, the purpose of this article is not to deeply explore affiliate marketing, but to give you a basic idea about what it is and how you can make money with it.
What Exactly Affiliate Marketing Is…
An official definition: Affiliate marketing is a performance based way of selling a product or service. The business/person that owns the right for the product pays a per sale affiliate commission to the affiliates that sell the product on their own.
The more the affiliates sell, the more they get paid and the more income for the product owner. This is how everyone is happy.
To be clearer, lets take a look at an example… Imagine that John is an expert in making websites. He has a something valuable – knowledge, that can help other people to make their own sites themselves. So John decides to create an e-book titled “Build a Site in 5 Steps!”. That’s great, he writes it in a couple of weeks and puts a price tag of $50 for it. As a main marketing strategy, he chooses to use affiliate marketing. So he creates a site for his product and offers anyone the opportunity to sell his book for a commission of 50% of the price or $25. Michael comes across this offer, and he thinks that he can offer this book to the visitors of his site about web design. He writes an article about the reading, describing it as a great way for all newbies to have their own web place and puts a link (containing his affiliate id) to the product site of John in it. Some of his visitors come across the article and after reading it, they click on the link and go straight to the e-book’s offer page. If someone decides to buy, she pays $50 for the book to John, and then John pays $25 commission to Michael for leading the customer. And this way everyone is happy! The buyer gets the reading, the promoter gets his pay and the author without any work receives the other half.
This is a pretty cool marketing strategy for John, because if his product is really good, it will sell good and he can attract a whole army of sellers working for him and marketing his product.
This is a good business for Michael (the affiliate marketer), who has no product of his own, but he gets half of the price as a commission, simply selling John’s stuff.
How to Make Money With Affiliate Marketing
After you know how it works, you can try it yourself. The best thing here is that you have nothing to lose! If you sell – you get a pay, if you don’t sell – you lose nothing! But where to start?
CLICKBANK.COM is the oldest, the most trusted and reliable place for you. It is the biggest affiliate sites nowadays, where you can promote other people’s products for free, or you can create your own product and list it there to be promoted. Creating a product is not that hard, if you are good at something you can make an e-book and then a decent income, I think it’s worth a try. Just register there and you can start right away. If you want to try as a seller and you have a blog or a site, this could be the first place to start selling one of the tens of thousands products on CLICKBANK. But there are many different ways. You can send e-mails, you can buy ads, you can even print flyers and spread them offline. Use your creativity…
Some Great Tutorials To Learn It
If you want to learn affiliate, here are some of the best ways to do that. It would suggest to find a course or someone who actually earns money this way. This would be the fastest and the most effective way to start making money. If you don’t know who can help you, I would recommend THIS website, where you can register for free and start receiving your lessons one by one via e-mail. These guys have been successfully doing affiliate for more than 14 years and now their main business is to teach others do it. If you have a little to invest, you can directly go and check out their complete step by step guide to start as an affiliate. It contains all you need to be successful and they will provide you some really good help. Here is one of the best places you can learn at the moment. And you can start even completely free.
So, if you are searching for a way to work from home or just make money through the Internet, affiliate marketing would be a great idea because it’s one of the most profitable ways to do this. We gave you all you need to start, so just give it a shot.
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