It is a marketing procedure in which the affiliate is paid a commission for sending traffic, leads and paying customers to a Merchant or Business by means of advertising the products or services of that business on their website.
For a publisher, becoming an affiliate is not the easiest way to begin earning a living online, but as you do not have to make or produce any products yourself, it is surely one of the quickest and cheapest ways to start.
It is now considered by many, to be amongst the most rapidly expanding money making online marketing techniques in the world.
There are a number of reasons for this:
Although it is very highly competitive, to become a successful affiliate is also very very achievable. It is most definitely not a Get Rich Quick Scheme and you will not acquire overnight riches, but it is certainly an excellent online method of making money.
In order to do well, you need to learn what works and what doesn't work and the best ways to promote products online.
First of all we must have implanted in our mind that Affiliate Marketing is a REAL business and has to be treated as such
A successful Affiliate is one who prepares themself methodically in advance, has a well thought out plan in place and then makes it all happen.
One thing is certain, if done correctly, affiliate marketing is a win-win situation for each concerned party, both the seller and the affiliate and also the buyers.
Don't go over the top by registering with too many affiliate programmes. A small number of good, reliable products, closely related to the topic of your site is all you need. Promoting too many different products will soon overwhelm you, taking up too much of your valuable time, which could be better spent vigorously promoting your content related products.
Use Different Targeted Traffic Sources In Addition To Your Own Website. In this way you will be promoting your products through different channels simultaneously, diving more traffic to your sales page and therefore giving yourself more chances of making money.
One example is using Google Adwords to drive targeted traffic to your sales page. You simply open a Google Adwords account, write your ad using the link in the target page URL of the advertisement.
No matter how much effort you put into your promotions, it stands to reason that a product with little or no demand will reward your efforts with little or no sales either. More than likely the results would be no sales at all.
Therefore it makes more sense to spend a little time doing a little research on the product you are thinking of promoting, by first of all discovering if it is a product that your particular audience needs.
For example I would not expect anyone to come to this site (Best-Websitebuilders.com) if they were looking for a holiday in London. On the other hand however, if my audience were looking for the best website builder, I would most definitely have no hesitation whatsoever in promoting This Website Builder, as it is quite likely that my particular audience would be looking for just such a product or something very similar, as it is one of the best website builders if not THE best website builder that there is out there.
This same company has one of the best Affiliate Programmes on the whole Internet where you can
Earn $75-$250 Per Subscription.
..And Lifetime Commissions On Renewals! You can join their programme
As an Affiliate Marketer you will be promoting 3 things, The Product, The Company and the Owner of the product and company, so again, a little research into all three will go a long way in building a successful relationship between yourself and visitors to your site.
It can be the difference between a happy visitor returning to your site and taking your advice again and again and one very unhappy visitor who is very unlikely to want to return seeking your advice again. So look out for a company which provides good customer satisfaction through good customer service.
It is essential that you try to stay up to date, for as I mentioned earlier, affiliate marketing is a very competitive environment to be in and new marketing methods, techniques and trends are appearing almost every day so do try to stay up to date and not fall behind.
You should make a habit of tracking all your affiliate campaigns so that you know what is working and what isn't working. Place your banner ads in different areas of your website pages. By changing them around a bit you can increase your earnings quite dramatically.
There is a lot of conversion tracking sofware advertised out there on the internet that you can use to supplement the basic stats that most affiliate programmes give you to track your affiliate campaign.
It will appear on your page as: