Affiliate marketing is the practice of promoting product(s) for someone else. By promoting affiliate products, you earn commissions for your work. This brings me to the following article: 5 Basic Tips to An Effective Affiliate Marketing Campaign.
When a partnership is established, you are known as an affiliate marketer and the seller is called a merchant. Some affiliates and merchants work with each other directly, but there are also affiliates who sign up and promote products from within a larger network. The beauty of promoting other peoples product(s) is that you don’t personally have to carry inventory.
1. Making money with affiliate marketing
When you sign up with a merchant, you will be given a special code that you can add to your website. This code helps create either text links, banner ads, or widgets that point to the merchant’s product website. Once installed into your site, a user clicks on the link, completes a transaction and you will earn a commission.
2. How much can I earn as an affiliate marketer?
The affiliate marketing earning potential is unlimited. Earning affiliate commissions depend on the type of merchant and product(s) you market to your audience. If you simply put some links to Amazon, you may find that you earn enough to pay your hosting fees or an occasional book or movie. However, if you decide to make affiliate marketing a full-time job, you want to sign up with bigger profitable niches by building a successful website that gets enough traffic to earn you reasonable commissions.
3.Which niche is best?
Affiliate programs, from travel, fashion, shopping, health etc. are popular. Many of these affiliate merchants pay on a percentage basis but also per click, per lead and per sale.
The best niches to choose from are those you are comfortable promoting; especially of products you’ve tried yourself. The goal is to to work hard by providing not only affiliate links throughout your site, but quality based content that can eventually lead to your affiliate product.
4. Do I need a website to promote affiliate marketing?
As an affiliate marketer, you need lots of traffic to be able to convert it into sales. There are many people who are using different methods without having a website to market their affiliate products. Personally, I think that having a website can help boost your income. So, this area is a personal choice. You may decide what works best for your own affiliate marketing campaign(s).
5. What are the best affiliate marketing networks to join?
Although, there are many affiliate marketing networks out there you can choose to join – below I’ll list the main ones I use and have success with:
About the author: Sonia Colon is writer/publisher of My Fashion E-Mall Blog & The Biz Buzz of A Latina Mom Blog. She is also owner at Books About Me. Sign up for the newsletter and never miss a powerful business marketing article plus receive a FREE eBook on ‘How to Rock Your Business with A Blog’.
If you liked this powerful business marketing article, please share it with a friend or two by clicking on the social media icons below. Thank you!