Affiliate marketing is system where companies sell products and pay a commission to the distributor known as the affiliate. This typically works by an affiliate promoting a product on their website in the form of a banner advertisement or text link to the retailers website. There will be a special code in the link so that the retailer can identify who sent the customer to them.
Is affiliate marketing the way to a fortune?
Affiliate commissions can vary from a small percentage to quite a considerably large percentage of the selling price. Many large companies use affiliates to promote their products. Amazon, Argos, GoDaddy, Yahoo and many more. To become an affiliate you either need to register directly with the company or go through a third party such as Commission Junction. Clickbank is also a very well known company that promotes electronically downloaded products, namely ebooks and software.
To make money as an affiliate you need a good deal of traffic to your website for the banner and text type marketing. Banners generally have a fairly low level of click throughs and so need to be seen by many people to get results. It helps of course if you promote products that are more likely to be of interest to your website visitors.
Build a List
Those people that build a list of prospects and market products that are suited to them can do very well indeed. Many make thousands of dollars a month in commissions. Having a list of people that you have built trust with is important. However do not misuse that trust and promote products to them that are not very good nor targeted to their needs. Their trust in you will be ruined and quite rightly so.
Another way to promote affiliate products is through social media accounts such as Twitter and Facebook. These accounts allow you to post links with your messages and so the link can be your affiliate link to a particular product that you are promoting.
Find Your Niche
The most successful people that use affiliate marketing will have niche websites or lists. If you want to make a living from affiliate marketing you must decide what your niche(s) will be and build the site / blog with that in mind. You then need to find products that are good that will most likely suit the majority of your readers / subscribers. Do not try to hard! People like to buy rather than be sold too. Learn about affiliate marketing from those that have been successful at it. Here is a book that will help you to know more: The Complete Guide to Affiliate Marketing on the Web: How to Use and Profit from Affiliate Marketing Programs
Where is The Easy Button?
Always remember that there is no ‘easy button’ when it comes to Internet Marketing despite the hype that you will see. It takes time to build trust and a brand for your website so that you will get enough people to follow your affiliate links. Be honest and show genuine interest in your targeted audience and provide them with great products and you will do well.
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