What is Affiliate Marketing?
Affiliate Marketing Explained!
People who do not know what affiliate marketing is nor how it works really would prefer an explanation prior to knowing if it is something they want to get involved with. That is how I felt when I decided that this was possibly online marketing that would earn me an income to work from home.
Definition of Affiliate Marketing
According to the dictionary:
- a marketing arrangement by which an online retailer pays a commission to an external website for traffic or sales generated from its referrals.
“most of my earnings are from affiliate marketing, direct ad sales, and sponsored posts”
According to Wikipedia:
Affiliate marketing is a type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought by the affiliate’s own marketing efforts.
These definitions are fairly accurate but how does one actually put these practices to use and make money online?
As you can see with the first definition a website is required to do affiliate marketing. But with the second definition, there is no mention of having to use a website to market another businesses products.
Which is the better way to become an affiliate? Which will reach the most people to make commissions for selling or promoting for another company?
Wikipedia’s way does not include using a website. Plus there are a few companies out there that in order to sell their products you would become an Independent Business Owner (IBO) such as Amway.
Depending on what type of person you are and want to use to promote and sell products for the large company then you need to research your options.
Internet marketing has been around for years and many gurus claim they have the secret to using this, making massive amounts of money online in hours or days.
They leave out all the training necessary to get to the place where this is actually possible or how long it has taken them to make a name for themselves in order to make this kind of money online.
Here is a warning to you all if the system they are promoting for you to buy into sounds to good to be real – as the old saying goes then it is more than likely a scam!
These gurus have found a way to remake and promote the exact same system to people for years. They make the hyped up videos playing this off like if you do not hurry and give them the small amount of $37.00 right now then you are going to be left out in the cold.
Take your time and read through the balance of my website for more information about the scams programs that you will run into. But for more information on how to really become successful online you will find it here.
How to Get a Website
Getting a website is very costly to purchase one or even if you find a place to build one on a free trial, which there are many hosting companies that offer these.
What they let out is how much it is going to cost in the end when you need to get hosting along with SSL plus the other added costs required to have your website on the internet.
Other places offer to give you a ready-made website with your name on it to promote and sell products for them with some very nice commissions attached. (What to do with it?)
Purchasing a website can run you anywhere from $1,500.00 and up depending on what all is involved this does not include the domain name, hosting, Site Speed, SSL, or Site Protection. Almost forgot maintenance and updating are needed as well.
Building your own website takes time and someone to teach you what and how to build it. You will need to learn SEO which is Search Engine Optimization this is learning to use keywords for within the niche you are doing your website on but so much more.
Plenty of places offering the free website builder neglect to give you even half this information to prepare you to build a successful website.
Themes are another aspect of website building and there are places you can purchase these or some offer free themes but the ones they offer might not be compatible with what you want to do.
Adding Links from Affiliates
For you to make commissions on the products or services of any company they must be advertised or placed on your website for the people viewing the website to be able to click on and purchase them right?
Here lies another problem without anyone showing you how to do this or where to place these on your website how are you going to make any commissions?
Do you know how to do coding for a website or what HTML is? HTML stands for Hypertext Markup Language which is a standardized system for tagging text files to achieve font, color, graphic, and hyperlink effects on World Wide Web pages.
Entering text in the incorrect place on a website can, in reality, break a site deeming it unusable. Knowing how and where to place all this coding is something else you must learn before building a website of your own.
Is Affiliate Marketing Profitable
Yes, affiliate marketing is profitable if you take the time, patience, and put in hours of work then this can be a very profitable business.
People need to realize that everything takes time! The gurus out there offering to sell you a system that you can make money with the push of a few buttons are being unrealistic and they do not work.
Notice all through this website I have never made any claims to how much money you can make doing affiliate marketing or by joining the community I belong to?
No one can predict how well or how poorly you will do this is a learning experience for everyone and no one works at the same pace.
Another thing that will affect an affiliate marketer is the competition just like all other businesses the competition is out there on the internet you will be competing with other websites and the content the author has to offer.
In all honesty, how does one know what they are capable of if they are not at least willing to give it a try? And considering you can take a test run for FREE why not come and see what Wealthy Affiliate has to offer.
This is how affiliate marketing works on the internet or if you would like to become a door to door salesperson go for it but; I prefer working on the internet reaching more possible prospects.
With more possible prospects comes the possibility of more sales and more sales mean you make more commissions.
So if you would enjoy Working from Home doing something that seriously interests you why not click on the box above after all you can join for FREE and that is not a bad amount to get started!
If you have any questions, suggestions, comments they are greatly appreciated and welcomed please leave them in the space provided below. I answer them all usually within 24 hours.
Thank you for taking the time to read this article you have learned about affiliate marketing today.