If you're a blogger then you've probably heard of affiliate marketing and should realize that it's one of many easiest ways to monitize your blog. If you're not a blogger or not familiar with affiliate marketing then continue reading, as I explain what it is and how it works.
What is affiliate marketing ?
Before I answer the question, let me first start by making certain you recognize how to make money online. This is important because one of many money making strategies requires that you feel an affiliate.
In the event that you don't already know, there're essentially two ways to earn money online:
- Create your own personal products to offer
- Promote and sell somebody else's products
Affiliate marketing applies in both these situations.
However, in this short article I'll explain affiliate marketing in the context of promoting products developed by somebody else.
So, what is affiliate marketing then?
Affiliate marketing is an on line strategy where in actuality the advertiser, also called the merchant, of an item or service only pays for results. This can be quite a sale, but sometimes this may also be a referral.
With the affiliate marketing model the publisher, also called the affiliate, doesn't earn anything for clicks. So, unlike Google AdSense where you earn money everytime somebody clicks on an advert, you make nothing until a purchase is made.
These merchants may be companies who offer many products, like Amazon, or individuals who've created digital products, such as for example those offered through ClickBank.
What is an affiliate network?
I mentioned ClickBank there another ago. Where does this site squeeze into affiliate marketing ?
ClickBank is a large, hugely popular affiliate network that gives digital information products from across many niches. Commission Junction is another similar site.
These affiliate networks manage the sale, commission and payment transactions between the merchants, customers and affiliates. However, if your company is large, like Amazon, they might provide their own in-house affiliate programme.
Now you understand what affiliate marketing is and how it all works, the next stop is starting your journey and being a marketer yourself ggmoneyonline!
You are able to read more articles on Internet marketing and building an on line business at Smart Business Journey.
