Please Tell Me What Affiliate Marketing Is
Hey! Are you having problems understanding Affiliate Marketing? This article will give you guidelines of what affiliate marketing exactly is and break it down for you. After you read this article you should have a good grant on what affiliate marketing is and if it can do anything for you.
Affiliate Marketing (AM) has many descriptions, yet all have the same meaning. It is a huge part of business that is done on the Internet today.
The Wikipedia definition of 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 efforts. Examples include rewards sites, where users are rewarded with cash or gifts, for the completion of an offer, and the referral of others to the site.
Simple version: You refer a visitor to a site, they purchase a product, and you get a commission.
For sometime now AM is providing low cost results for businesses trying to promote their products. Quite a few people are making a full time income off of Clickbank.
The common way to promote affiliate products is to create a website and review the product on their own and give your recommendation on why you think people should spend their hard earned dollars on it. It should be able to help them in what they are chasing for and have a solution to their problem.
One of the common misunderstandings that is being associated about affiliate marketing is "selling", many believe you have to completely sell someone on the idea of ??buying a product. That's completely wrong I believe. You just need to review the product and if it's a quality product, then make a recommendation to someone that it might help and provide a solution to their problem.
Affiliate marketing is typically being run by affiliate networks and this affiliate networks are composed of two functional bodies, the group affiliates and the group merchants. Each has their special function and role when it comes to affiliate marketing.
There are many different networks to start promoting affiliate offers with. They have a wide array of different products from all walks of life.
As I mentioned in my last article, ClickBank is one of the best affiliate networks to get started in. They specialize in digital products and have a great system in place to take care of their affiliates and their merchants.