What Is Affiliate Marketing?
No doubt you have heard the term affiliate marketing as a business model today. So, what is affiliate marketing? In simple terms, it is selling other people’s products and earning a commission on the sales you make.
Here is how it works.
Find a Niche
First, find a niche you would like to do business in and that has profit potential. What do I mean by profit potential? Make sure there is money being spent in the niche already.
It helps if the niche is something you would enjoy because you will hopefully be doing business in it for a long time.
Choose a Product
Once you have decided on the niche, choose a product to sell within that niche. You can do this in a couple of ways.
- Go with a product you are already using and love and see if they offer an affiliate opportunity
- Research networks like Clickbank, Commission Junction, Linkshare or Pay dot com and find products there that fit within your niche
- Do a search on Google for “your niche + affiliate program.”
Whichever way you use to find products, make sure they are high quality products that will leave customers wanting more. Go with reputable business owners who offer the opportunity for others to sell their products as an affiliate. Your name will be associated with the product once you are an affiliate, so choose wisely.
Once you have chosen the product you want to promote, sign up for the affiliate program. They are almost always free to join. Once approved, you will be given your own unique affiliate link, which will identify any sales that come through you.
Now it’s time for the fun to begin! You will need to promote your affiliate products just like you would if you had a product to sell yourself.
- Set up a blog or website as your home base. Write up reviews on the affiliate products and include your affiliate link on the page.
- Write articles and submit them to directories. When you do, include your link back to the review page in your author resource box.
- Join forums in your niche and include a link back to the review page in your signature line. Also, include the link in your email signature.
Affiliate marketing is one of the simplest, least expensive ways to start an internet business. But it does take lot of work to promote your products.
What is affiliate marketing? I have explained the basics here. If you want to really be successful in this business model, I highly recommend getting some good which describes in detail a step by step process of getting started.
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