Affiliate marketing is a phenomenal way to earn money on the internet (or anywhere else). The greatest advantage is that you don’t have to wait to produce a product. You simply promote the product someone else has already to sell.
Earning more by doing a lot less is a very common assumption about affiliate marketing. It can also be your “got-cha” point.
The first “got-cha” is thinking you don’t have to work very hard in affiliate marketing, all the hard work has been done in creating, manufacturing and packaging the product for purchase. Keep thinking that way and you’ll crash and burn in the affiliate market. Many have and many will.
Some merchants actually prey on the affiliate marketer who is trying to make a quick buck on an easy track. If you were to do a quick search engine question that goes something like “how to make money from home” or “make five figures a month for only two hours a day from home in your spare time” you’d be right in the thick of the “got-cha” grip.
Secret #1, any affiliate merchant you’re thinking about working with, just enter the merchant name, the product name and the word “scam” into a search engine question and take a read. You’ll find out a few things you need to stay alert about, but I wouldn’t let just those articles determine if I did it or not (liars lie in both directions; for and against). Read more
Affiliate marketing means you don’t have to create your own product in order to sell something and make money for selling right away. It’s the fastest way to the cash when considering how to make money on line.
There’s no question, having your own product and selling it provides much more income than selling someone else’s product. After all, they formed the product and put their blood, sweat, and tears into something you didn’t come up with at all. They should get the higher percentage.
But, they don’t always choose to do it that way. There are some merchants that give 100% of the sales price to the affiliate marketer (admittedly, these are usually low end prices of less than $20 per unit or service). When you get into bigger purchases like ebenpagan2015.org puts out, then 1/3 of the sales price could equal like 100 sales of a 100% commission in the lower end.
Why would they do that? Not hang on to any of the profit? Because they are going to upsell once the first purchase is made and the affiliate is getting that done because the affiliate is getting all the money upfront. Read more
What is Affiliate Marketing?
Affiliate marketing is basically when you go to the trouble to tell other people about a product or service you do not own or provide.
The expected outcome is that those people will listen to you and purchase the item or service you’ve introduced to them.
The merchant who is selling product or service pays you for your effort to introduce these people to their product or service.
Why Affiliate Marketing?
Merchants are wise enough to know that despite all their efforts the merchant doesn’t know everyone who might be interested in their product or service.
In fact some merchants don’t have a clue about marketing. Those merchants are highly dependent on someone else identifying, discovering, contacting and encouraging the public to purchase from the merchant. Read more
Affiliate marketing is remaining a lucrative niche for many online marketers. In the early 2000’s there were several less than honest affiliate arrangements that put a real damper on the niche. But, today, much of that has changed. (Primarily because there are better software to protect both the merchant and the affiliate…tracking transactions both ways provides a verification method pleasing to both).
One of the primary draws to affiliate marketing is the independent posture most affiliate marketers can maintain. That sounds a bit unlikely given the fact that an affiliate is highly dependent upon the commodity being made available by someone other than the affiliate marketer. That would seem to afford nothing toward independence and everything toward co-dependence or complete domination by the merchant of the product. That’s just not so. Read more