How Does an Affiliate Marketing Program Work? - AmiAffiliate
In this article we'll answer the question How Does An Affiliate Marketing Program Work? You'll see why it's great to be an affiliate, how to get started, and how much you can make.
The definition of affiliate marketing is: An internet based system where you (as an affiliate) get paid for referring sales or customers to a business.
An example would be when someone clicks on an advertisement such as a banner or link and are then taken to the merchants website.
The merchant is the company or person that owns the product.
It's up to the merchant to work their magic and get that person to buy.
If the person does purchase something, then the affiliate that sent them to the site earns a commission, which is a percentage of the products selling price. That's basically it.
Here are some great reasons to become an affiliate:
ā You don't need to have expert knowledge to sell affiliate products. If you were an affiliate for weight loss products, you wouldn't need a degree in nutrition or exercise. All you need is some ambition to learn a little information about what your selling and the ability to market the right affiliate products to the right people.
ā You won't need any staff. No more payroll handling or office politics. When you start out as an affiliate you'll do everything yourself. As your business grows you can then outsource some of your work.
ā You won't even need a product. You can just promote products that are already for sale. Whether it's a weight loss supplement or an ebook about dog training, as an affiliate there is a product out there that you can sell.
ā Work your own schedule. You'll be able to work when you want and have a more flexible life. It's pretty cool to be your own boss and do what you like.
ā Start up costs are very low. To start a regular business where you stock inventory and rent space would cost you a lot of money. When your an affiliate you can get started for the cost of a burger and fries or for free.
ā Earn Passive Income. With most jobs you only get paid once for the work that you do, but as an affiliate you can make money around the clock for work that you only did once. That's pretty awesome!
How much can you make?
Like any business it depends on how seriously you take it and how much work you put in.
If you spend most of your time messing around checking emails and only work an hour a day, you probably won't make that much.
What you should do is treat your affiliate marketing like a real business, be dedicate, and put in 100% effort every time you sit down in front of your computer.
If you do that you can definitely make a full time income.
Let's do a little quick math on how much you can make as an affiliate.
Let's say your promoting a really popular learn-to-sing course called Singorama.
When we check the affiliate statistics for Singorama they say that the average sale earns you just over $100.
If you made just one sale a day of Singorama (and trust me when I say there are many affiliates who make far more than that), then you would be making $840 per week, that's 3360 per month in your bank account, or over $40,000 per year.
How does affiliate marketing really work?
Generally most people who do affiliate marketing have a website.
You don't always need a website since there are many different ways of doing affiliate marketing and some of them don't involve having a website, but the majority of affiliates have one.
On your website you write about different affiliate products, give reviews, make comparisons, and make recommendations to readers.
When your promoting a product you'll have a special link called an affiliate link. Your link will have a tracking feature to make sure you get credit for each sale you make.
When someone clicks on your affiliate link the merchant will know it was you who sent the customer.
Your affiliate link won't affect the customer at all. They don't miss out on anything, they don't pay more and most likely they will never know they purchased through an affiliate link.
When a customer buys something within a certain time period after clicking on your link, you get the commission.
So the main goal of affiliate marketing is to get as many people as possible clicking on your links and visiting merchant pages.
The more people who click on your affiliate links, the better the chances of a sale occurring and earning a commission.
For any sales to happen you will have to get "traffic" - which refers to the number of people coming to your site who can potentially click on your links.
You want to try and increase your traffic, because the more traffic you get, the more clicks and sales you will make.
I hope I have answered some of your questions about How Does An Affiliate Marketing Program Work?
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