If you're a blogger then you've probably heard about affiliate marketing and should realize that it's among the easiest approaches to monitize your blog. If you're not just a blogger or not really acquainted with affiliate marketing then keep reading, as I explain what it's and how it works.
What is affiliate marketing ?
Before I answer the question, i'd like to begin by ensuring you understand steps to make money online. This really is important because among the money making strategies requires that you feel an affiliate.
In the event that you don't know, there're essentially two approaches to earn money online:
- Create your own personal products to market
- Promote and sell somebody else's products
Affiliate marketing applies in both of these situations.
However, in this article I'll explain affiliate marketing in the context of promoting products created by somebody else.
So, what is affiliate marketing then?
Affiliate marketing is an on the web strategy where the advertiser, also known as the merchant, of an item or service only pays for results. This is usually a sale, but sometimes this can also be a referral.
With the affiliate marketing model the publisher, also known as the affiliate, doesn't earn anything for clicks. So, unlike Google AdSense where you earn money every time somebody clicks on an advert, you make nothing until a sale is made.
These merchants can be companies who offer many products, like Amazon, or individuals who've created digital products, such as for example those offered through ClickBank.
What is an affiliate network?
I mentioned ClickBank there another ago. Where does this site squeeze into affiliate marketing ?
ClickBank is just a large, hugely popular affiliate network that provides digital information products from across many niches. Commission Junction is another similar site.
These affiliate networks manage the sale, commission and payment transactions between the merchants, customers and affiliates. However, if a company is large, like Amazon, they could provide their own in-house affiliate programme.
Now you know what affiliate marketing is and how all of it works, the next stop is starting your journey and learning to be a marketer yourself ggmoneyonline!
You are able to learn more articles on Internet marketing and building an on the web business at Smart Business Journey.
