Definition of Affiliate Marketing
Affiliate Marketing involves three roles,Merchant, Affiliate and Affiliate Network. Merchant is the person who developed the product or service then Affiliate help to promote Merchant's product and earn commission for every sale the Affiliate had made. Affiliate Network is the third party which brings both merchant and affiliate together. I will explain their role more in the later part.
Affiliate marketing had become one of the very famous ways for earning online income. Because the investment needs can as minimal as $0! Which is 100% profit for every sale you make or your affiliate help you made.
You can easily start joining affiliate by register account at affiliate network website. Here are some of the famous affiliate networks which many people joined.
ClickBank
CJ ( Commission Junction)
Once you create account, you can choose to be merchant or affiliate or even be both roles. It is all up to you.
As a merchant,
1) You are the one who operates and maintains the affiliate program. You need to do the researching part of the market you want to target and create a product that can help to solve the problem for the targeted market.
2) You need to create advertising tool for your affiliates such as banner, sale page, and any tools you want to create to help your affiliate.
3) Lastly, you are the one who decide how much you willing to pay your affiliate. Recommend percentage is 60-75%.
Next is affiliate,
1) You are the web site owner which promotes the merchant's product. Your website topic must be related to the product you are promoting.
2) Your website is the site that gives knowledge about the market you choose and convince that the product you are promoting will help them.
3) Lastly, you need to bring them to merchant's sale page and your role end here. The merchant will do the rest of the job to convince them to buy their product.
As an affiliate, choosing which product to promote is very important. If you are new in affiliate marketing I will recommend you choose the product that is related to your interest because you have more knowledge in the field and easier for you to promote.
There are many professional internet marketer earned up to six figure income in affiliate marketing. But all these take time and commitment to achieve. Whether you will success in affiliate marketing or not is all depend on you.
Check out my personal blog, http://LeoLingHome.com, to find out how these strategies can help you make online income and other strategies that will boost your knowledge as internet marketer and boost your income.
Questions and Answers
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