If you've heard the term " Affiliate Marketing ", you are already on your way to potentially earning money off the internet. The next step is learning how.
What is Affiliate Marketing?
An affiliate marketer is someone who endeavors to send customers to buy a product from a company they are affiliated with by means of different forms of online advertising. In internet terms, this is usually by directing someone to the seller's website where, if they were to make a purchase, the affiliate marketer would receive a percentage of the sale in commission.
What kind of Commissions are Earned by an Affiliate Marketer?
Commissions range from between 5% to 75% of the purchase price. Now 75% may sound unbelievable to you at this point, but to the seller, if he generates a mass of sales by allowing affiliates to market his product, it is still worthwhile to only make 25%. Let's do a quick calculation:
Let's say a seller usually makes 2 sales of a particular product in his store (costing $ 100) in a week. If he allows affiliates to market the products in his store, he could end up making 15 sales of that product from around the world, due to the increased traffic that is sent to his site. 2 * $ 100 = $ 200, whilst 15 * $ 25 = $ 375 which is almost double. It is more likely that digital products like e-books will have such a high percentage, rather than physical goods. So a ski clothes store or an electronics store would probably offer between 5% and 25%.
What Kind of Products can be Marketed?
The type of products that can be marketed by an associate range from e-books to clothing, to electronic goods or even garden sheds! Virtually anything can be marked online, as long as the seller has an online presence or store. Very often multiple resources of money can be made from one sale. If there is a front-end product and a back-end product that they have the option of adding to the purchase, or if there is repeat business (ie when people buy monthly bottles of herbal supplements), the affiliate would get commission for each and every sale.
Affiliate marketing is the best way, in my opinion to make money on the internet.
How do I become an Affiliate Marketer?
The only thing holding you back from earning money today is knowledge. In order to start yourself off you will need information on what to do. This could be in the form of a How To Guide, or an online course. Whichever way you choose, make sure you are given good advice, and that you learn all the techniques necessary to ensuring success in the Affiliate Marketing field.