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 only 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 start by ensuring you understand steps to generate income online. This really is important because among the money making strategies requires that you're feeling an affiliate.
In the case that you don't know, there're essentially two approaches to earn money online:
- Create your own personal products to promote
- Promote and sell somebody else's products
Affiliate marketing applies in both these situations.
However, in this article I'll explain affiliate marketing in the context of promoting products developed by somebody else.
So, what's affiliate marketing then?
Affiliate marketing is definitely an on the net strategy where the advertiser, also known as the merchant, of an item or service only pays for results. This is generally a sale, but sometimes this may 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 each time somebody clicks on an advert, you make nothing until a purchase is made.
These merchants can be companies who offer many products, like Amazon, or individuals who've created digital products, such as like those offered through ClickBank.
What is an affiliate network?
I mentioned ClickBank there another ago. Where does this web site squeeze into affiliate marketing ?
ClickBank is a large, hugely popular affiliate network that gives 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, in case a company is large, like Amazon, they may provide their own in-house affiliate programme course detail.
Now do you know what affiliate marketing is and how the whole thing works, the following stop is starting your journey and learning to be a marketer yourself!
You are able to find out more articles on Internet marketing and building an on the net business at Smart Business Journey.
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