What is Affiliate Marketing?
Affiliate marketing is the process of earning a commission by promoting someone else’s product or service. You promote someone else’s product or service by using what is called an affiliate link. This link is provided by the company which product or service you are going to promote. When someone clicks on that link and buy you can earn a commission. Affiliate Marketing is also known as Referal or partner marketing.
There are literally thousands of companies working with Affiliate marketers. These companies offer an affiliate program, and each one has their own set of rules you have have to comply in order to become a partner and work with them. An affiliate program gives you the ability and promote products and earning a commision. You can sign up for free for most of these companies, and they provide some basic set of tool and training for you to get started.
Affiliate marketing is pretty straightforward, you sign up, get your links, promote and get paid. Therefore, there isn’t really any experience required to do it, Although there are some companies in which they want to work with affiliate or partners with experience, there aren’t that many but they do exist and to become a partner you have to go through a more extensive signup process, some will ask for website or methods you use to promote, other they will want to have an interview. Don’t let this discourage you, you can still start with no experience and work your way up.
Is Affiliate Marketing good for me?
Picture this, a friend of your comes up to you and ask “I need to find a new dentist, Can you recommend me one?”, You: “Mi Doctor is great, you should call him”. In this scenario, you just made a recommendation, you just promote your dentist (I am sure your dentist didn’t pay you for this) so the answer is YES, Affiliate marketing it is good for you, you already promote products or services, why not get some earnings from it.
In the past years, the amount of business that has moved into the web has grown exponentially, and the need to find costumer has increased too, creating and running advertisements along with promotions can be very costly, this is why affiliate marketing is a great way to make money. So good that in some cases are people just doing this for a living, some other do it to earn some extra money to pay for their car or taking a vacation.
The good and the bad of Affiliate Marketing
Affiliate Marketing is one of the ways to make money online, Some of the good things about doing Affiliate marketing, as mention before, you can start with no experience; lots of companies have affiliate programs you can join, also you can join as many as you want. The companies you join will provide training for you to get started. You don’t have to create a product or service. The investment you need to get started can be from none to very small. Marketing and customer support is offered by the companies you will be promoting. There also a wide variety of training you can find online too.
On the other hand, there are things you have to consider when deciding to start as an affiliate marketer. Since all this is made online my first warning is to be aware of scams, yes this way of making money online is targeted for people with no other objective to just take money from you. You have to be aware of those people claiming they have the super formula for you to get rich quick, don’t get me wrong I have seen people making thousands of dollars with affiliate marketing and you can too, the truth is it takes some time for you to start seeing results from the effort and time you’ve put in. One last thing I like to mention is the learning, whether you are starting or already doing it you will have to invest time in yourself, in learning.
With all this information in your hands, I wanted to end this post with this. Affiliate marketing is a great way to make money online. I do it, I still learning, but I really enjoy it and the results are good and they can be good for you too. If affiliate Marketing is something you are interested in; let me invite you to this in-depth training I offer at no charge.