If you're a blogger then you've probably heard about affiliate marketing and should know that it's among the easiest approaches to monitize your blog. If you're not just a blogger or not necessarily 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 recognize steps to earn money online. This really is important because among the amount of money making strategies requires that you're feeling an affiliate.
In the event that you don't know, there're essentially two approaches to earn money online:
- Create your own personal personal products to advertise
- Promote and sell somebody else's products
Affiliate marketing applies in both of these situations.
However, in this article I'll explain affiliate marketing in the context of promoting products created by somebody else.
So, what is affiliate marketing then?
Affiliate marketing is definitely an online strategy where in actuality the advertiser, also referred to as the merchant, of an item or service only pays for results. This is generally a sale, but sometimes this can be a referral.
With the affiliate marketing model the publisher, also referred to 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 sale is made.
These merchants can be companies who offer many products, like Amazon, or individuals who've created digital products, such as for example for example those offered through ClickBank.
What is an affiliate network?
I mentioned ClickBank there another ago. Where does this website squeeze into affiliate marketing ?
ClickBank is a large, hugely popular affiliate network that provides 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, if your company is large, like Amazon, they may provide their own in-house affiliate programme.
Now you know what affiliate marketing is and how the whole thing works, the next stop is starting your journey and learning to be a marketer yourself!
You have the ability to find out more articles on Internet marketing and building an online business at Smart Business Journey.
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