Affiliate Marketing

Affiliate Marketing

Affiliate marketing is the revenue sharing between
online advertisers (and merchants) and online
salespeople. Compensation and pay is based on
performance measures, normally in the form of clicks,
sales, and registrations.

The advertisers and merchants are normally referred
to as affiliate merchants, and publishers or sales
people are known as affiliates.

The many benefits of affiliate marketing include
the potential for making lots of money. You can
automate a lot of the advertising process and
receive payment only for desired results, which
includes sales, registrations, and clicks.

Even though most merchants will assume some level
of risk with fraud, there is still a level of risk
involved. Once you know what you're doing with
affiliate marketing, you'll be on top well before
you know it.

Affiliate marketing has been a contributor to the
rise of many companies online, including Amazon.com.
Amazon.com was one of the first adopters of affiliate
marketing, and now has thousands of affiliate
relationships.

When it comes to making money, affiliate marketing
is in a league of it's own. You don't have to
worry about bosses breathing down your neck, and
you are in control of everything you do with
your company and your website.

Affiliate marketing also gives you the chance to
stand behind products you know and love, be
offering links and banners to them on your personal
website. You'll receive money for each product
purchased that you represent, which is reason
enough to participate.

If you've been looking for extra money, affiliate
marketing is the way to go. You can stick with
one merchant or go with as many as you need for
your business. Affilate marketing on the internet
is truly becoming more and more popular - making
now the time for you to get your foot in the
door.

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BONUS : Affiliate Marketer Defined

According to The World’s Glossary of Internet Terms, “Affiliate Marketer is defined as: “A business relationship with a merchant or other service provider who allows you to link to that business. When a visitor clicks on the link at your site and subsequently makes a purchase from the merchant, you receive a commission based on the amount of the sale, a referral fee or a pay-for-click fee.”

This is a simple, straight-forward agreement between a merchant and an affiliate. Budding affiliate marketers run into a problem when they try to reverse the success process. Instead of starting at the beginning, they try to start at the end.

Making money is the end of the process. The beginning of the process is education and there are several steps in between. Too many people, who are just getting started in affiliate marketing, fail to take the steps necessary to get to the end of the process and actually make money.

Step #1: Educate yourself. This is the key, opening the door of opportunity. It's also the common thread connecting successful affiliate marketers. Education lays the foundation - the building blocks to success. Start by gathering the best information you can find about affiliate marketing and absorbing it.

Step #2: Turn that information into usable knowledge. Even the best information remains kind of worthless, however, until after you discover how to use it - how to make it serve your purpose.

Step #3: Start applying the knowledge ... take action ...start building your affiliate business. Will you make mistakes, even though you've invested all that time educating yourself? Yes, you most likely will make mistakes.

Step #4: Test and tweak, test and tweak. This one never ends. And it's often the dividing line between succeeding and failing. Attention to small details often returns big rewards.

Following these steps will define you as a successful affiliate marketer.