Saturday, December 17, 2011

What is Affiliate Marketing


There is a new method of making money online called affiliate marketing.  The idea behind affiliate marketing is to make money from becoming an advertising agent for another business.  To make an affiliate marketing site, you would first need to start with a product or products.  Then you would have to set up a website which advertises the products directing consumers who read your webpage to purchase the product from the company that you are working as an affiliate for.
The reason affiliate marketing has been making such a big splash in the internet community is because of the potential of making a ton of money from doing very little work.  There are people who claim to have made from several hundred thousand to over millions of dollars.  Where does this money come from you ask?  You start with a company who has a great product but not many people know about it.  The job of the affiliate marketer is to create a website which can attract a ton of people who will see this product.  The idea is that every time that a consumer purchases a product through the affiliate’s website, the affiliate gets a small percentage of the sales.  If properly done the site should be able to run forever, bring more customers everyday and earning money without the affiliate doing any work.
The trick in all of this is getting those customers to purchase the product through your website.  With major players like Amazon dominating the internet and with strict rules set by Google which if you don’t follow can get your site ban (which means it will be very hard for anyone to find your site), the trick is to create a website that will somehow come up as one of the top sites when a consumer is searching for the product that you advertise.  To make matters worse, with so many people trying their hands at affiliate marketing you can easily competing against hundreds of people trying the same exact scheme as you.
To be successful at affiliate marketing you need the combination of two things, a great product to sell and a great website.  Both of these can take years to find and learn about.  This is where many of the affiliate marketing organizations try to sale start up kits which give you a collection of information which help you avoid this learning period.  Affiliate marketing can be a great way to bring in extra income, but beware sure you learn about all of the pitfalls before you devote a lot of time and effort without being a penny richer.

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