Thursday, March 11, 2010

Affiliate Marketing Can Be Profitable

Have you wondered how can you advertise more effectively? Do it online with Affiliate Marketing. If you have a website, it is by far the simplest way to make a profit online. So, what is Affiliate Marketing? It is an agreement made between a website owner (Affiliate) and a merchant. The merchant allows the affiliate to use their marketing tools to sell their products on the affiliate’s website. The merchant will than pay a commission to the affiliate for generating sales of these products. The commissions can be a percentage of the total sale or a flat dollar amount. Commissions are also paid for leads in some cases.

There are many benefits to affiliate marketing programs. First, it can be an extremely positive business arrangement for both parties involved, since the merchant has the ability to expand their market share. They get more traffic and capture more market share as a result of the affiliates marketing efforts. This exposure will be far less expensive than what the merchant has already put in place because the cost of advertising is zero. There is no cost of overhead like hiring a team of sales and marketing people to promote and sell the products or services. The affiliate only gets paid when a sale has been generated from their website and the affiliate does all the marketing to get the sale.

Secondly, it also gives the affiliate marketer the ability to make money. These earnings can be quite lucrative when the affiliate’s website has ads and links that go directly to the merchant’s website. When the buyer clicks on the link and is directed to the merchant’s site, they can make their purchase. Once the purchase is made the affiliate will be paid a commission.

Thirdly, as an affiliate you can earn an income from home. For the affiliate, this low cost way of doing business has many perks. There is little to no overhead. The affiliate doesn’t have to worry about storing products or distribution cost. Also it is not a requirement to have sales experience. To be successful, the affiliate needs to find the prospects through their aggressive advertising efforts and earn a commission. You can test your products and marketing strategies to see if they are working for you. If not, change the product, the strategy or both. It is up to the affiliate to make it work for the potential earnings to be realized.

There are many choices when it comes to what products or services to market. You can market as many as you like, and make a profitable income in doing so. However, know your market. The affiliate forum sites are a good source to find information about your target market and their needs. As you are doing your research, keep in mind that most affiliate programs are free to join. Affiliate marketing may not be the fastest way to earn extra money, but it can be the easiest and with effort you can be a successful and profitable affiliate marketer.

Wishing You Much Success!

Karen McPherson

Become An Affiliate!

7 comments:

  1. Yes, affiliate marketing is a great way to make money online. By selling other people's products you don't have to worry with any of the business aspects, just the marketing and cashing your checks! Great post!

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  2. I agree Affiliate marketing is a great way to make so extra cash online. It works out well for both parties involved. Simple market the product or service and watch it prosper. Great information given,

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  3. I totally agree. Whether you are an affiliate of small companies or an MLM, you are an affiliate! They pay you a commission to talk about that company and send referrals. Thanks for sharing.

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  4. Affiliate marketing is definitely a win-win for both parties for all the reasons you mentioned.
    ~ Linda Dougherty ~

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  5. Hi Karen, wow you have gone into great deal of detail about affiliate marketing.

    Thanks
    Damayanthi

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