To put it in simple and understandable terms, affiliate marketing in the online sense refers to an arrangement where a website owner (or lead finder) and an online merchant share an agreed percentage of revenue from the income on the sale of a particular product of service. Lack of credible information is unarguably the number one reason that accounts for the lack of interest and reluctance displayed by most people towards affiliate marketing. Another discouraging factor is the fact that around 80% of people who venture into affiliate marketing end up making nothing or less than $10,000 per annum. As an experienced internet business operator, I can guarantee affiliate marketing is one of the most lucrative home based businesses to exploit.
Billions of people crawl the internet daily and billions of dollars is spent on the internet daily; as an affiliate marketer all you need to do is connect internet user to whatever will provide any sort of value to them. Let us put this to perspective: If you promote a $100 product with an expected revenue share of 10% ($10), assuming one billion internet users come online daily and you are able to convert (0.000001%) one thousand of them, this gallantly makes you $10,000 richer. I don’t think I am making it sound easy; it is that easy with the right knowledge and taking the necessary actions.
A quick overview of some models of affiliate marketing:
Having touched on the capacity of this business, another thing we need to remind ourselves is the fact that ‘earning salaries’ will never give any one their desirable financial freedom and liberty to plan their lives at will.
Home based business is meant for smart people who believe in their ability and value their liberty and freedom. I will quickly like to stress the fact that selling online is not far off from selling offline. All those important ingredients a sales person should have (e.g. customer care, financial discipline, business ethics etc.) are still as relevant as anything.
Among all the available affiliate marketing models, the use of affiliate link is unarguably popular. Affiliate link is a link dedicated to an affiliate marketer by a product merchant in other to track, monitor and identify leads or sales from that particular marketer.
One of the models of affiliate marketing that is popular is promoting a sellers product on your own website. Another is creating and dedicating a particular website for the sole purpose of promoting affiliate products. Another popular model also is the use of affiliate link alone; the links can be put up on social media or used in email marketing. The truth about affiliate marketing is that thousands of marketers make well over a million dollars per annum.
Choosing a good affiliate network:
Often times, affiliate networks are responsible for linking, moderating and mediating marketers and promoters. This helps to instill checks and balances in the system and guarantees that promoters and marketers don’t get cheated. However, there are certain factors to consider in choosing a good affiliate marketing network, some of the most popular networks include commission junction, click bank and Amazon.
The first step in choosing an affiliate network is not getting your hands dirty with too many network, although it isn’t a bad idea to play around with a few networks here and there. Secondly, try to target a particular product niche and if possible, focus on a particular producer or brand. Thirdly, please endeavor to make necessary research about the affiliate network to know about their payment options, dispute resolution, available tools and other important inquires.
Getting sales as an affiliate marketer involve a lot of know how. Evidently, no matter what you are promoting, there a thousand more places the client can get it and therefore there is need to stand-out and stand-tall. Investing in getting knowledge on how to get sales and leads is the best way forward in this regards. One thing I know for sure is the fact that affiliate marketing has the potential to give you your desired financial independence at any scale you desire. For more information Go here……..