Affiliate Marketing: The Benefits
To become an affiliate with the best and highest paying commission is a dream come true for many. Certainly affiliate marketers are paid generous commissions, sometimes as much as 70 percent. That being said, what exactly is affiliate marketing and why would you be interested? The basic idea of affiliate marketing is to send people to a merchant website through a link the affiliate has placed somewhere on the Internet, typically on their website. For doing this, and assuming the visitor buys the product or service, the affiliate receives a commission.
While the amount of the commission varies, affiliates will generally earn in the neighbourhood of 25 to 75 percent for each sale generated from their efforts and tracked through their link. In most cases they are paid via PayPal or direct deposit. Being an affiliate can pay handsomely and the merchant is only too happy to do so. But why, you might ask. Because if their product is popular, he can have a virtual army of people around the world doing all the advertising for them and they only have to pay them when a sale is made. While the above speaks of the normal model, other affiliates may be paid for clicks or through leads that are sent to an offline business.
The ways to make money as an affiliate are only limited by the individual’s imagination. If you are reading this and wondering how to become an affiliate, or possibly how the process works, just go to Google and type in “affiliate opportunities” or “affiliate companies” and you will have more than enough results very quickly to look at.
While being a merchant will eventually bring in the most money, many merchants, in addition to selling their own product, are also affiliates for other products. They may as well offer their visitors something of value and not limit their opportunities. Once you sign-up as an affiliate, typically the next question is how to go about marketing the products. There are entire courses to answer that, but the most common are solo ads, banner ads, pay-per-click, social media and more.
Depending on your budget, you can have the potential to reach millions of people. If your budget is on the smaller side, writing product reviews or making a YouTube video is a terrific way to get the word out on the product you are promoting. In most cases, unless you consider software costs, these methods are free.
The great thing about affiliate marketing is simply this, there is no limit to what you can earn, and it’s just a matter of getting targeted traffic to look at the offer or product. From that point, it is simply a numbers game, a certain percentage of visitors will click, a percentage of those will buy.
While affiliate marketing is not MLM, there are cases where an affiliate can receive spill-over commission on other affiliates that they refer. These are called sub-affiliates. Do this well enough and the profits will be great, but it definitely will not happen over night and will take some hard work and dedication.
If you are thinking about becoming an affiliate, don’t wait, do it now, there are people this minute who are interested in what you have to say, and some of them will click your link. The key is to find a good product, make certain they pay a commission you are comfortable with, then take action.