What is Affiliate Marketing?
According to Wikipedia, “Affiliate marketing is a marketing practice in which a business rewards one or more affiliates for each visitor or customer brought about by the affiliate’s marketing efforts”
In other words, the affiliate gets paid good commissions each time he or she promotes a merchant’s products and services. Therefore, if you join the Tips and Ticks HQ’s affiliate program, you get to promote their products. Each time a visitor sent from your website makes a purchase from them you will get paid a commission.
How To Make Money Online With Affiliate Marketing
Affiliate marketing is the cheapest way to make money online. It isn’t easy, as it requires the marketer to invest lots of time and efforts into it. An online marketer doesn’t have to create material products, in order to sell them. The marketers are only intermediaries between merchants and purchasers. The intermediary doesn’t have to sell products all the time. Commissions can be gained through different affiliate methods:
- Pay per Click – this structure pays the marketer for each redirected visitor, whether or not a sale is made.
Pay per Lead – which pays its affiliates for each referred visitor that joins the program and fills up the form.
Pay per Sale – is the structure that pays the affiliate a percentage for each completed sale.
Why Choose Affiliate Marketing?
There are many reasons that could convince you to become an affiliate marketer. Affiliate marketing is known to be:
- Cost effective: as mentioned earlier, affiliate marketing is one of the most effective and least expensive online money making methods due to the fact that there aren’t any production costs involved. You don’t need a location or employees either.
Global market: affiliate marketing opens the World Wide Web market to entrepreneurs. Due to the fact that it takes place online, such type of internet marketing opens the entire world to those who run it.
No Fees: you don’t need to pay any fees in order to join the affiliate marketing world.
No Customer Support: affiliate marketing doesn’t require the marketer to provide any kind of support to its clients, this duty being left on the merchant’s shoulders.
Passive Income: affiliate marketing helps you to set up a steady flow of income. Depending on your marketing skills, you could build something really beautiful and durable.
Working from the Comfort of Your Own Home: as long as you are in the affiliate marketing team, you don’t have to worry about going to a nine-to-five job that doesn’t pay you enough to support your lifestyle. There’s nothing more beautiful than working from the comfort of your own home.
If you think affiliate marketing can make you rich overnight, you are wrong. This is a business that requires lots of time and efforts. Decide to only promote products and services of high quality. Research the demand of the product you are trying to sell. Being a very competitive business niche, affiliate marketing requires the entrepreneur to always be informed and up to date.
Use social media and promote your website.