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What is affiliate marketing?

Posted By: admin on December 13, 2010 at 10:22 pm

What exactly is affiliate marketing? Affiliate marketing is the single fastest growing industry on the Internet. It’s also true that affiliate marketing is one of the fastest and most creative ways to make money and have a career on the Internet. Basically affiliate marketing is promoting someone else’s product online and earning a commission for it. The affiliate gets paid for every sale he or she generates by referring customers to the vendors website.
Once you decide to promote a specific product as an affiliate, say an e-book for instance or a video tutorial, you would be provided with a custom affiliate link that you would send your web traffic to. When a customer clicks on your affiliate link, they will be taken to the same sales page of the website as if they went there on their own, and when a purchase is made you are credited for the sale.
Simply put, affiliate marketing is selling products on a commission basis. You own a business that advertises and sells products for other companies. You may have a product of your own to begin with or not. The things that a successful affiliate marketer must have are:
1. Your website is the jumping off point of all your marketing efforts. So the first step in any successful affiliate marketing business is building a good, credible and professional looking website. You must build a user-friendly website, which will attract your prospects and motivate them to click on the links to the products and services you are promoting and make a purchase. There are companies whose business is building websites that you can hire to build one for you.
2. You must find products to sell, you must be able to determine whether there is a demand for those products and if people will actually buy them. You may either have your own original product or products that are made by others. Whichever way you go, you must believe in the products.
3. It will be necessary for you to become an adept advertiser and be able to tell whether the advertising you are paying for is producing more income for you than the advertising is costing you.
The key to affiliate marketing success is consistency and patience. Do market research and find out what people are buying, then promote those products. Never promote products people are not interested in because you will never make any money that way. The purpose of affiliate marketing is to make money.

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