Affiliate Marketing is selling a product on your website for someone who will pay you commission if the sale goes through.
This is a definition of affiliate marketing in it’s simplest form. In our club, we recommend an online business using this lucrative model that can turn your website around and produce profit for you.
The beauty of this way is that unlike traditional e-commerce site, you don’t need to stock products in your home or warehouse. You also do not need to do the delivery because your job is just to refer the buyer to the company’s website. As a referer, you get an instant commission paid to your bank account online.
It’s straight forward, clean and very efficient.
Where do you find companies or person who has products that you can sell? In a phrase. Finding one is easy.
Just Google “Your Niche” + the word “Affiliate”
(for example “Health Food Affiliate” or “Guitar Affiliate”)
… and Google will return hundreds of such companies offering affiliate programs.
You then sign up to be an affiliate and when approved, you setup an account with details of your bank information. The company will provide URL links for you to copy and paste onto your website.
Your job thereafter is to attract the right visitor to your website and when the person comes, click on that link and gets redirected to the company’s website. When he/she buys the problem, the commission gets transferred to your account.
Commission for affiliate marketing can range from as low as 1-2% for computers, and as high as 60% for ebooks, software, and internet marketing products.
These companies who offer these products become your business partners. They are small to mega companies like Amazon, Walmart, ebay and Rakuten. With affiliate marketing, you can literally market and sell anything in the area of your passion and be in business association with any of these awesome corporations.
It’s a win-win partnership. Nothing more complicated than that.
Affiliate Marketing is a growing billion dollar industry and represents THE business model in today’s world wide web.
What do you think? Can Affiliate Marketing make your website into a profit producer?
If you are starting, I recommend you try Affiliate Marketing using our top recommended program “Wealthy Affiliate”. I recommend it because it is free to start and the training is all available with that free account. The option to upgrade is only if you need advance features.
Try it without anything to lose by clicking on the image above. (Note this recommendation is the best I know after comparing with others. You’ll be surprised how easy it is to setup an online business today using Affiliate Marketing)
Let me know your feedback or if you have any questions about affiliate marketing or other ways to make money online. I’m more than happy to help you.
Explore other ways having a website can earn you a revenue online?