What Is Affiliate Marketing and 2 Reasons Why You Should Participate In It
We all need to work. Income is vital to survive, even for the basics of life. For most people conventional jobs are the norm, but they take a lot of time and energy, leaving little left for the finer things of life. Is there a better way? Absolutely. It's called Affiliate marketing.
So What Is Affiliate Marketing?
The internet has shown the power it possesses to control our daily lives. How many of us can survive without our Facebook or Twitter pages? Who has not googled something in the last 24 hours, and how many of us do our banking online now?
Advertising via the web is huge. All the major companies have realized this and a lot of the little guys are also getting in on the act. But advertising costs money and time. Extra staff is required to cover all these new advertising opportunities, eating into the company's profits. So how do they solve this problem and take advantage of an obviously powerful form of advertising ? Affiliate Marketing . Let other people do the advertising for them on their own time and at their own expense and then pay them only for results. What a brilliant concept
How Does Affiliate Marketing Work Exactly?
This is not a new practice by any means but its popularity has increased because of the internet.
Years ago industries would pay a finder's fee to people who sent potential buyers to their company to purchase goods or services. Of course this was on a very small scale and usually only involved a limited demographic area.
Because of the global accessibility of the internet, companies can advertise almost anywhere in the world to sell their products and services. The distribution of products around the world is made easier by modern transport systems such as aeorplanes. Also many products are available via download from the internet such as books, movies and informational services. It is all just so accessible through the internet.
A company will join an affiliate network, usually for a fee, with the intent of recruiting people interested in promoting their product or service (the affiliate). These companies pay commission for sales on their product or service. Some will pay for sales only and others for leads. The network service will act as a broker between these two and is usually responsible for tracking sales and payment processing. Affiliates usually are able to join networks for free.
It is then up to the affiliate to promote their company in any way they can via the internet. Most affiliates will have their own website and here is where they can sell the idea of the product. They direct interested purchasers to the company's own website where the sale is made. The affiliate earns a commission from the sale never having had to deal with storing, handling or shipping the product.
2 Very Good reasons to participate In This Form Of advertising
Just imagine sitting on your balcony overlooking the pool with your laptop on your knee, lemonade beside you and the dog at you feet. All you need is you, your laptop and some knowledge. Although not necessary a few dollars here and there to boost your sales through paid ads would not go astray, but that can come later once you have made a few sales and your new career is up and running.
Let's be honest, we all want more money. For some it may just be extra income to pay the car insurance or save for a holiday. Others wish to completely give up their regular jobs and concentrate on learning an income online. Regardless of your reasons for inquiring about Affiliate Marketing, you can earn money from this venture. Just how much money will depend entirely on the time you can allocate to developing your new business? Minimal time will produce minimal results, but if you are patient and do not expect miracles overnight, you will earn.
Not only can Affiliate Marketing be a profitable business venture, it is a whole lot of fun. It is however extremely confusing when you first begin, not knowing where to even start or how to go about earning an income online. I suggest you find programs that not only tell you where to promote but how to go about it. Training and support are very important features of a good affiliate program. Look for these and I am sure you will succeed.