Affiliate Marketing Business is the easiest online business you can do. Basically to make money on the Internet, you need a product or service, a website for that product or service, a way to collect payments on the Internet and a way to ship the orders placed.
These days, people do not have the time or knowledge to come up with a product or service and to manage it from concept to fulfillment yet want to earn money easily. That’s where Affiliate Marketing Business comes in. Affiliate Marketing Business is where you market some else’s product or service (a merchant) on the Internet and you earn a commission which is percentage of the selling price of the product or service you are marketing.
You can make money in 2 ways as an affiliate either when someone makes a purchase with the merchant through you, you earn per sale, or when someone sign ups to get more information from the merchant’s website through you, you earn per lead.
Generally, the percentage amount of money you can earn as an affiliate is often within the range of 5%-75% of the selling price of the item, however, these variables depends on the merchant. As an affiliate, you do not need to physically stock any of the merchant’s products, nor worry how to receive online payments, nor how to ship the product to the recipient when an order is placed, all that is taken care of by the merchant, but all you have to do as an affiliate is to promote the merchants product or service through a unique url (or website address) which will be given to you..
To sign up to be an affiliate to a merchant is free and can be done in 2 ways either;
1. You can go through an Affiliate Program Provider (APP)
An APP acts as a sort of middle man between hundreds of Merchants and thousands of affiliates on the Internet and there are quite a number of APPs example of a few are Clickbank, Commission Junction and Linkshare. Furthermore each APP provides services which are beneficial to both the merchant and an affiliate.
To a merchant, the APP provides the service of creating an avenue whereby the merchant can have hundreds of affiliates who will promote the his or her product and he only pays the affiliate for results i.e. either for a sale or lead, also an APP helps to track each of the thousand of affiliate’s progress under the merchant and pays the APP pays the affiliate what is due, while to the affiliate the service an APP provides is that once the affiliate signs up with the APP which is free, a unique id by is given to the affiliate which the affiliate can use to sign with as many merchants as possible in that APP,
the APP collates all the earnings in one check and disburses to the affiliate this disbursement of checks is done every 2 weeks or every month, or very 45 days (this depends on the APP), also an APP allows an affiliate to have an overview of the merchants product, commission rate, popularity of product or information on if the merchant pays per sale or lead this enables the potential affiliate decide if he or she wants to promote the merchants product or not. Or
2. Supposing you come across a merchant’s website while browsing and you like the product(s) and want to be an affiliate yet you do not know merchants APP, just look at the merchant’s webpage carefully for a link called Affiliate this will be situated either at the top, bottom, or side of the webpage were the navigational links are placed, click on it, this would then take you to were you can sign up to be an affiliate in most cases, you’d find out this leads to an APP and if are already signed up with one, all you have to do is input your id.
Now back to the issue of unique url, when you sign up as an affiliate to promote a merchant’s product or service, your unique id is attached to the merchant’s website address thereby giving you your own unique url or website address. The idea is that once anyone makes a purchase or signs up through your unique url, it is automatically noted it came from you and you are credited for the sale or lead and you earn money. Another reason why I love Affiliate business is the promotional aspect.
Though there are different ways to promote ones unique website address or affiliate website as we may call it, promotions is beyond the scope of this article, however it is pertinent to note that making money through affiliate marketing is basically a numbers game. The more people you get to your website, the more money you make. One of the many promotional methods I use is “the spy and replicate strategy and the twitter dominate strategy” among many others. you can learn about this strategies by clicking here
I must add that I do not need to bother about logging on to the internet everyday, but do so once in a week to check my earnings through my APP account and to check how many people have visited my site and maybe make a tweak or two on my website advertisement to increase the sales conversion sales rate.