Skip to main content

Affiliate Marketing Basics

Affiliate Marketing Basics

Alright, so now that we know affiliate marketing is not some get-rich-quick strategy, we can dive a bit more into the question of does affiliate marketing really work? We’ll have to start with the basics of just what affiliate marketing is. Unlike some other types of opportunities online, affiliate marketing is a very real way to earn money that could reward you in a big way, so long as you’re willing to put in the time and effort to get there. Here’s the quick version of what it involves:
Image result for Affiliate Marketing promotion photos
  • You’ll sign up for an affiliate account from a company that has an affiliate marketing program in place. There are hundreds of options out there from the Amazon Associates Affiliate Program to Target and Walmart to Clickbank and Commission Junction. There’s an affiliate program out there for just about everything.
  • Once you’re signed up, you review the different products available. Again, there are thousands of products and services that are covered under affiliate programs. You’ll need to select some that you feel you can market effectively. For example, I have a website that reviews dog food and uses the Amazon associates affiliate program to earn revenue.
  • Use the internet to spread awareness about the products and essentially market them for the company. Here, you’ll have to think of yourself as a professional marketer. Your goal is to get potential shoppers to click your links to the products and then make a purchase of them. This is the hard part, and my “secret sauce” on how to do this is what is called the CTPM Process.
  • You get a commission fee for every product that is purchased through your affiliate links. If no product is purchased, you won’t earn anything. In this way, affiliate marketing differs from the traditional ‘click-through’ marketing of the past – but the commissions are much more substantial. In some cases, I earn up to 75% commissions.
Here’s a quick visual of how it all ties together…
How Affiliate Marketing Works
That’s the process in a nutshell, but there is obviously more to it. If you want the answer to ‘does affiliate marketing really work’? to be a yes, you’ll have to master some other aspects of the process. This may include things like building your website, setting up social media accounts, using social media, creating great content for your website, and more. At Wealthy Affiliate, you can learn every aspect of building an affiliate marketing business.
So, does affiliate marketing really work? It could, but the first step is knowing the different ways it works and how to make it work for you. The basics above are the keys to understanding just that. Below is a pretty cool video from a guy called the Lazy Ass Stoner (don’t let the name fool you he’s super smart) on how affiliate marketing works if you want a bit more of an explanation. The reason I love this video is because he explains it so well and in a way anyone can understand.

Comments

Post a Comment

Popular posts from this blog

Affiliate Marketing for Beginners | Let’s get Started

Affiliate Marketing for Beginners | Let’s get Started Here’s a quick rundown on Affiliate Marketing for Beginners. This list offers you a short outline of what you need to do to start your successful internet affiliate marketing business. 1.  To begin on the right foot you will want a plan in your hand.  Be clear about your intention for how much work you are able to put in operating your affiliate marketing business – will it be a part-time or full-time endevour?   Know there will likely be a germination period.   This is the time where you will not get paid . Stick to your plan and the action that it requires and it’ll come into fruition. 2.  Choose a market niche.   Start by brainstorming on what sort of valuable content you’ll be able to develop for your audience. Deciding on a niche and focusing on one particular niche marketplace is important.  By doing this you’ll be able to offer greater value and offer solutions to problems that y...
1 comment
Read more

Affiliate Marketing: Short summary

Affiliate Marketing Affiliate Marketing: Short summary Affiliate Marketing can also be known as Partner Marketing. Here, affiliates or partners advertise products and services of other companies on their websites and receive a commission in return. Affiliate marketing is an instrument of performance marketing which has firmly established itself on the Internet’s advertising landscape. There are different compensation models in affiliate marketing, but the common feature they all share is that payment is only made for a successful performance. This could be, for example, a click on an advert or a purchase. What is Affiliate Marketing: Detailed summary The idea of affiliate marketing is said to have originated at a party held in 1997, where the founder of  Amazon  chatted with a young lady about her website. She offered to sell his books on her website in return for a commission. Gradually more and more partners were added, all prepared to advertise external prod...
Post a Comment
Read more

How To Find The Best Online Affiliate Marketing Programs

How To Find The Best Online Affiliate Marketing Programs Affiliate Marketing Tips As you might have already discovered, finding the best online affiliate marketing programs can be a difficult task, especially when you’re new to the industry. I will never claim to “know it all” but I’ve been at this affiliate marketing game for awhile now, so hopefully I can provide some tips, tricks, and things I’ve learned over the years on how to find good online affiliate marketing programs. Start Taking The Affiliate Marketer Training Course For FREE Here! Choose Your Niche First Before you even begin your search for the best online affiliate marketing programs, you should choose a niche. Many newcomers to affiliate marketing like to just find a high paying affiliate marketing program first, and that’s how they determine their niche. In my experience, this is not the way to go. As I always say, affiliate marketing is a business. A real, legitimate business. If you don’t tre...
Post a Comment
Read more