If you're a blogger then you've probably learned about affiliate marketing and should understand that it's among the simplest approaches to monitize your blog. If you're not just a blogger or not really acquainted with affiliate marketing then keep reading, as I explain what it's and how it works.
What is affiliate marketing ?
Before I answer the question, i'd like to start by ensuring you recognize steps to make money online. This really is important because among the cash making strategies requires that you are feeling an affiliate.
In the case that you don't know, there're essentially two approaches to earn money online:
- Create your personal personal products to promote
- Promote and sell somebody else's products
Affiliate marketing applies in both these situations.
However, in this informative article I'll explain affiliate marketing in the context of promoting products created by somebody else.
So, what is affiliate marketing then?
Affiliate marketing is an online strategy where the advertiser, also known as the merchant, of a product or service only pays for results. This is generally a sale, but sometimes this can be a referral.
With the affiliate marketing model the publisher, also known as the affiliate, doesn't earn anything for clicks. So, unlike Google AdSense where you earn ggmoney each time somebody clicks on an advert, you make nothing until a purchase is made.
These merchants can be companies who offer many products, like Amazon, or individuals who've created digital products, such as for example those offered through ClickBank.
What is an affiliate network?
I mentioned ClickBank there another ago. Where does this page squeeze into affiliate marketing ?
ClickBank is just a large, hugely popular affiliate network that provides digital information products from across many niches. Commission Junction is another similar site.
These affiliate networks manage the sale, commission and payment transactions involving the merchants, customers and affiliates. However, if your company is large, like Amazon, they may provide their own in-house affiliate programme.
Now guess what happens affiliate marketing is and how everything works, another stop is starting your journey and learning to be a marketer yourself!
You can find out more articles on Internet marketing and building an online business at Smart Business Journey.
