Affiliate marketing is all about getting paid
for selling products you don't own and not going to jail for it. Someone else goes through all of the trouble
to develop software programs, service, or digital content products. They'll do all the work then you collect the
money!
Affiliate marketing is a revenue sharing
arrangement between the product developer, known as the affiliate merchant, and
the affiliate marketer who is anyone that's willing to promote the sale of
product by advertising the product using any type of legal means available.
The relationship will allow the affiliate
merchant to grow their revenue by paying only for the advertising that results
in a sale. The affiliate marketer will
profit by making a percentage on a sale that he does not have to manage after
the sale.
Getting paid
Getting paid all depends upon how the affiliate
program is set up. Some merchants will
run their own affiliate program. They'll
have special types of software that assigns each affiliate marketer a special
link that's used in promoting the product.
The software will track sales of every marketer
and the merchant will pay the commission on a periodic basis using either
PayPal or another method of payment.
Selecting products or services
Your income is directly tied to how well your selected
product or service sells, and the size of the commission you earn, which makes
it very important that you choose carefully when it comes to choosing the
affiliate merchant you'll be partnering with.
Choose programs that you aren't embarrassed to promote
and programs that you'll feel comfortable recommending to your family and
friends if they were to ask you about it.
You'll do much better if you promote products that
you fully understand and are already familiar with. This way, you'll be able to write better ads
without having to strain yourself coming up with the right things to say.
You should only promote products and services
for companies who have gone through the trouble to provide you with training
programs and sales aids such as banners and other marketing materials that you
can either use directly or model the one you own after.
Be on the lookout for programs with commission rates
no less than 50%. You should give
preference to programs that pay commission on multiple levels, which means
you'll also have to earn commissions on sales made by people who buy the
products through your link then go on and become affiliates themselves later
on.
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