Is Affiliate marketing right for you?
Affiliation is a multi-billion dollar industry that encompasses every single product or service or category that you can imagine,
So imagine you are a retailer you would want others to promote you I order to compete and stand out from the rest.
Affiliation is easy to implement as both an advertiser-those who what others to help sell their products and or service and by doing so pay them a commission..And this can be a very quick way to make money online and they never have to process an order,carry stock or provide the service themselves
Essentially being the affiliate means you are the traffic generator for your choses of affiliate partners via yours or their web site.
Basicly anyone with a website or a blog can become an associate or affiliate as once you have registered you can create your own site including banners,tracking codes and search boxes all there to help you maximise your sales . alternativly you can join with a company and write for their web sit generating sales for them that way and commissions for you.
Payout percentages will differ greatly and will depend on the cost of the product and the volume of business you generate
What about affiliate networks
There are a few out there and vary in size and reputation.Most will charge a set up fee in order to join the program and many a monthly fee,though not all usually to manage the account.Pleasingly though it is free to be a publisher and can there for be a lucrative income stream of income or even a primary income stream .Affiliate networkers make their income from the set up and monthly fees paid my the advertisers along with any commission some times its as high as #0% from teetotal revenue generated by the client.
The summary of affiliate marketing
The selling of products or services online can be done with out having to stock or ship the products them self and yet it provides a great opportunity to earn great commissions for forwarding customers
Advertising can provide a great income stream if you have a wed site though you must have traffic.some people make the mistake of poor seo and may not get the exposure needed.
Thinking fresh and setting yourself apart from the rest of the competition and becoming an authority of your product or service will also lead to a good revenue stream.
Also memberships and subscriptions can create great cash flow and If you have something of value then charge for it but give the potential customer something for free first so they see the value.
If you enjoyed this post there are more tips inside and how to get started with your own online marketing strategies