Affiliate Marketing Tips For Beginners!
If you google the words AFFILIATE MARKETING you will see there are 12 million Five Hundred Thousand results! Hopefully when you typed these words into Google you found me on PAGE ONE! Well did you? Probably not…but hopefully soon!
The next thing you would have seen is a few ads and then the next you would have seen is this –
“Affiliate marketing is a type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought by the affiliate’s own marketing efforts.”
The words AFFILIATE MARKETING conjure up the dreams, fantasies and aspirations for many people, young & old, seeking to set up their own online internet marketing business. The lure of earning thousands if not tens of thousands of dollars every month and seemingly without having to put too much effort towards achieving such riches is irresistible!
It doesn’t happen overnight and there is a lot of HARD work to do to get things up and running. Like anything else in life you will have to work for it and learn how to set up your internet business properly.
I have spent well over three years and a lot of money trying to set up my own internet business and let me tell you, there’s many hurdles and obstacles which need to be conquered. For beginners (I hate the word ‘newbie’) the blinkers are usually well and truly on…what I am hoping to do for you is to help you overcome the hurdles and obstacles with as little pain (and money) as I possibly can.
Affiliate marketing has many descriptions, yet all have the same meaning. Affiliate marketing is huge business on the Internet. It is a cooperative effort between merchants and an affiliate’s website. For many years now, affiliate marketing has proved to be a cost-efficient, measurable method of delivering long-term results. It has become famous for Internet sites who are trying to make some extra or additional income for their site….and there are literally millions of people trying to learn how to do it!
Every day, people are interested to learn how to become an affiliate marketer and most importantly want to make money out of it. But in many cases, new affiliates do not fully understand the affiliate world and make costly mistakes. In other words, affiliate marketing has often been misunderstood.
One of the common misconceptions about being associated with affiliate marketing is “selling”, although selling is an important consideration of affiliate marketing and the central function of a business operation. Another is that affiliate marketing is commonly linked with “advertising”. While the importance of advertising in marketing a certain product is not to be underestimated, the fact of the matter is, advertising like selling, is merely a part of the many functions of marketing.
In affiliate marketing, an affiliate is compensated for every visitor, subscriber and/or customer provided through his efforts. Compensation may be made based on a certain value for each visit. The most attractive aspect of affiliate marketing from the merchant’s viewpoint is that no payment is due to an affiliate until results are achieved.
Affiliate marketing is typically run by affiliate networks and these affiliate networks are composed of two functional bodies, the group affiliates and the group merchants. Each has their special function and role when it comes to affiliate marketing. The affiliate network acts as a third party between the merchant and the associated affiliates. The network provides the technology and necessary tools to deliver the merchant’s campaigns and offers. The affiliate network also collects commission fees from the merchant and then pays the affiliates which are part of the program.
The merchant is any web site owner that wants or desires to take advantage of performance based marketing. The benefits to the merchant are many. First, the merchant maintains and operates the affiliate program. Finding a fit for their merchandise would be the key to generating more income. The merchant has access to markets and customers without him spending valuable time searching. Banner ads on affiliate sites are not distracting to the site user. It might produce interest for that product and drive the consumer to the merchant’s website. It is also the merchant who decides how much he is willing to pay for each sale that results from a visitor sent from an affiliate.
The affiliate or the affiliate marketer also sees a lot of benefits. The affiliate is a web site owner and promotes one or more merchants and their affiliate programs. Affiliate marketing can generate a full-time income for the affiliate. But this is not an easy task to accomplish. The affiliate needs to have a better understanding with the merchant what the commission will be, expected payment method and time involved in the contract.
The affiliate has also the responsibility to represent the merchandise their user based would be most interested in. For example, if the site has a user base of mainly stay at home mothers, then on-line job openings such as surveys would be a good match for them. This group would also appreciate direct links to children’s products and informational sites. Merchandisers often provide targeted, best-seller items and personal support to their affiliate. They often offer sales promotions that will benefit the merchandiser as well as the affiliate.
Affiliate marketing is a great situation for both the marketer and the affiliate. If they would work together, there can be an advantage to both. Affiliate Marketing is an easy and inexpensive way to start, and you can be up and running within a few days. But there is one thing to consider…how to get traffic and make your offer different than all others?
I will be covering all the things you need to know about setting up your internet business in the easiest and most cost effective way. What I hope to do is help you avoid all the time and costly mistakes I made to get me…and YOU to this point.
After nearly 4 years I found the Wealthy Affiliate University! Like I did, you can sign up for FREE…you get to test drive their training and they will give you 2 websites (with hosting) to use as you wish! If you click on the banner below it will direct you to the sign-up page. If you have any questions you can send me an email…or you can leave me a comment in the box below…THANK YOU!
I welcome and appreciate any questions, feedback, opinions or comments you may have to offer. If you are interested to find out a bit more about me please…
If you would like to contact me you can send me an email (see below)…or you can leave me a comment in the box below…THANK YOU!