Chances are you got here because you’re intriqued by affiliate marketing but am wondering what it is exactly and how you can benefit from it.
Following is just a very brief explanation of what affiliate marketing is.
I explain in much more detail what affiliate marketing is and how you can make money with it in my free ebook.
Go grab yourself a free copy on the right here if you’re interested in learning more.
So what is affiliate marketing?
Let me start with a definition of what is affiliate marketing.
Affiliate Marketing is a popular method of promoting web businesses. An affiliate marketer is rewarded for every visitor, subscriber and/or customer provided through his efforts.
Basically this is a modern variation of the practice of paying finder’s-fees for the introduction of new clients to a web based business.
Compensation may be made based on a certain value for each visit (Pay Per Click), registrant (Pay Per Lead), or a commission for each customer or sale (Pay Per Sale), or any combination.
Today, affiliate marketing is the single fastest growth industry on the Internet.
It’s also true that affiliate marketing is one of the fastest and most creative ways to make money and have a career on the Internet.
How To Make Money with affiliate marketing
It is very possible to get wealthy doing affiliate marketing in spite of the immense competition. Even though affiliate marketing isn’t an easy money tree that is going to just drop bundles of cash into your lap with no effort on your part required, you can still make a fortune selling other people’s products – if you know how to do it right.
Here is how it works.
As an affiliate marketer you basically do two things.
- First you make sure you find an offer that you can promote. There are several types of offers, for example CPA, CPL and Sales offers. But no matter which type of offer you promote, the point is that you’re getting paid if you deliver.
- Once you have an affiliate offer to promote you drive visitors (traffic) to that offer. When people click, sign up or buy you earn a commission.
Finding suitable affiliate offers deserves a chapter of its own (which it has in my free ebook) but suffice to say for now that you can look up suitable affiliate offers on Affiliate Networks like Clickbank or OfferVault.