A company, let’s say Men's Health (Advertiser), goes to Health Products (publisher) and asks them to place a banner or link to Men's Health on their site. Every time a user clicks on that Men's Health banner or link and visits the site, and complete a purchase or helping a business by promoting their product, service or site, the owner of the Health Products or publisher gets a commission. It’s as simple as that.
1) One of the reasons is that affiliate marketing has proven to be so popular is that it is completely based on performance. In most cases, the company doing the advertising doesn't pay a single penny to the site that is carrying their ad unless there is evidence that Internet traffic has been driven to the advertising site. The tracking software used by the affiliate networks are rather very advance now a day, there should not be any issue of not receiving commission because of tracking error.
Some or most of the affiliate programs provide full range of advanced marketing tools, tracking and reporting technologies, some ever provide you with web content (you don't ever have to write or pay copywriter to write contents for your website) as well as personal support to meet the full range of their affiliates and client needs.
2) Affiliate marketing is easy to start earning money on the internet with low initial cost or almost no cost at all. Practically signing up of almost all affiliate programs are free. There are a wide variety of products for you to choose, depending on your passion, be it food, health, beauty, self improvement, green products, membership, automobiles, electronics, fashion, magazines, video, clothing and etc, you name it you have it.
3) Some affiliate programs offer very high commission from 30% to 50% or even 75% of the cost of the products sold and some commission are recurring. You can increase your income tremendously depending on what you're promoting and how you promote your products.
Why would the merchants pay such a high commission to their publishers? The answer is quite simple, because the affiliate marketers can bring much more traffic than the merchants themselves able to.
4) As an affiliate marketer, you can increase your income by creating an extra income by using affiliate programs. Affiliate programs can be promoted in parallel of whatever else you are already doing at the moment. All you need is a website or blog. Build your business website or blog today, whenever visitors clicks on any links or banners on your website or blog and navigate them to the merchant's website and makes a purchase you earn the commission. For example if the cost of the product is US$100/-, the commission is 50%, you will straight away earn US$50, it is that simple.
There are, however, other ways of doing affiliate marketing, example ad networks, two tier programs, contextual ads, popups, popunders, and etc. Below are the main affiliate marketing models for your reference.
Pay per Sale also referred to as pay per action or pay per performance or cost per sale or cost per acquisition (CPA). The affiliate will get commission whenever a visitor sent by the affiliate purchases goods or services from the Merchant's website.
Pay per Lead also referred to as pay per action or pay per performance or Cost Per Lead (CPL) is when the visitor send by the affiliate completed a form on the Merchant's website.
Pay Per click (PPC) also referred to as cost per click (CPC) is whenever the visitors to the Affiliate's website clicks on a Merchant's banner and visits the Merchant's website. The affiliate will receive commission. The commission is mainly based on unique clicks but sometimes raw clicks are taken into consideration depending on the affiliate network. One of the PPC affiliate program is Ajiboye, free sign up and able to start earning money once your application is approved.
Affiliate marketing has become one of the most cost effective ways to drive traffic to a site. Since, in most cases, both the advertiser and the publisher profit from the setup, there is no reason to believe that affiliate marketing won’t be a dominant advertising method well into the future.
The Wonderful part of affiliate marketing is that it is possible for you to make as much money as a real online business that sells a product or service without having to worry about the inventory, shipping and returns. However you must have proper planning and care before you will make any profit. Affiliate marketing isn't a get rich quick scheme, it require patience and patience and a lot of hard work. Let’s take a look at a few things you need to do to make sure that your affiliate marketing venture is worthwhile and done the right way.
Full Time affiliate marketing businesses aren’t come easy and built overnight, it takes lot of time and patience. One of the advantages of affiliate marketing is that you can create a lot of passive income (if you do it correctly). The biggest disadvantage is that you have to put a lot of work upfront without seeing much of a return at first. Do not be discouraged. Set a small goal at first. Once you have achieved your first goal then set for a higher goal and then go on.
If you were considering starting a business in the real world, you wouldn't just go out and rent a piece of property, get your permits and start your business instantly. You would have surveyed, study the products and learn everything about the business or products you will be selling and making your business as successful as possible. In other words, it is very tedious to start a business in the real world.
You do not need the same level of dedication with your affiliate marketing site. Once you have decided on a niche, what product you want to sell, what are their challenges? Get to know what people in that niche need. What your customers will be interested in, and where you are going to get your content from before you start.
Are you a writer good enough to provide quality contents for 10 different programs on your website, perhaps you need an Experienced Content Copywriter to help you write some High Quality Contents or do you only want to stick to three to four products you are passion with? You need to give your affiliate marketing program some time to work so once you pick a style and theme, stick to it for a while to see if it makes you money or not. Write blog posts, record videos or even audios and post them on your site. Start showing off your expertise and focus on quality.
You can still make money off of your affiliate marketing site even you are not an expert web designer or web content writer. Fortunately, there are a many low-cost programs out there that can coach you through step by step web site creation, you can still have a great looking website, even you don't know HTML code.
The same goes for web content. Your content needs to be informative and useful to your visitors, fun and interesting at the same time able to sell your product. It sounds complicated but it really isn't at all, what you need are a Content Copywriter if you can't write a quality content.
You can go to your nearby bookstore or library to find books or articles on how to write web content or you can simply go thru' other affiliate marketing sites or online free article websites to get some ideals. If the visitors to your website aren't captivated by your site, they won't buy anything from the site. Plain and simple.
Having high quality contents or articles, excellent photos or pictures and high quality products does not bring traffic to your site if you don't know how to promote them. You have to learn how to promote your site, business so that people will know you and your business. Be active on social media (eg FaceBook, Twitter, Instagram , Pinterest, Tumblr, Delicious and etc.) write and submit articles, guest blog etc. Spread the word about your site showcasing your products and people will be able to find you or start looking for you. You can learn how Experts Can Help you increase your sales, develop your brand, and generate interest in your site.
There are many different types of affiliate programs. However, the very best ones are those that pay a good commission. Some of them will be high end products while others give you residual income. Here are a few that you can look into.
One of the example of Pay Per Click affiliate programs is Chitika. You can put their ad code on your site and the advertisement will appear either on the side, top or bottom depending on where you locate the ad code of your web page. Different positions will give your visitors a better changes to click on the advertisements, ie more commission for you.
Two tier programs are good because you will not only get commission for your sales but those of your sub affiliates. These affiliates will earn you a passive income and the best way to do this is to gather a large number of them per program. More information on :- What Are Two-Tier Affiliate Sites?
Programs that will give you residual income of monthly commissions are good as you can build these up into a good monthly income. Find programs that are not just one time sales but recurring monthly subscriptions or products that customers will buy again and again. Select a product or products that your customers will be interested in, make sure that you do not have too many affiliate advertisements on your web site, not only will it draw your visitors away, you will eventually lose all your traffic and will not make any money.
Here are some affiliate programs and networks you might be interested in signing up with, HerbalBiz Affiliate Program, PayDotCom Affiliate Network, Click2Sell Affiliate Network and etc (most of the sign up are free and for some you have to pay a small fee depending on the affiliate networks and programs). They have a wide range of programs and a reliable system for tracking and getting paid, plus there are many resources and help on the site. This will help you save your time and make your job much easier.
As you can see there are a variety of programs to choose from and your income will start to build as you work more programs. Try to have several pointing at one niche market and then continue with another niche, until you have built up a sizable income. Affiliate programs are no doubt a great way to make an income with your website and you should spent some time looking into this area.