Affiliate marketing is all about getting paid for selling
products you don't own and not going to jail for it. Someone else goes through all of the trouble
to develop software programs, service, or digital content products. They'll do all the work then you collect the
money!
Affiliate marketing is a revenue sharing arrangement between
the product developer, known as the affiliate merchant, and the affiliate
marketer who is anyone that's willing to promote the sale of product by advertising
the product using any type of legal means available.
The relationship will allow the affiliate merchant to grow
their revenue by paying only for the advertising
that results in a sale. The affiliate marketer
will profit by making a percentage on a sale that he does not have to manage
after the sale.
Getting paid
Getting paid all depends upon how the affiliate program is
set up. Some merchants will run their own
affiliate program. They'll have special
types of software that assigns each affiliate marketer a special link that's
used in promoting the product.
The software will track sales of every marketer and the
merchant will pay the commission on a periodic basis using either PayPal or
another method of payment.
Selecting products or services
Your income is directly tied to how well your selected
product or service sells, and the size of the commission you earn, which makes
it very important that you choose carefully when it comes to choosing the
affiliate merchant you'll be partnering with.
Choose programs that you aren't embarrassed to promote and
programs that you'll feel comfortable recommending to your family and friends
if they ere to ask you about it.
You'll do much better if you promote products that you fully
understand and are already familiar with.
This way, you'll be able to write better ads without having to strain
yourself coming up with the right things to say.
You should only promote products and services for companies
who have gone through the trouble to provide you with training programs and
sales aids such as banners and other marketing materials that you can either
use directly or model the one you own after.
Be on the lookout for programs with commission rates no less
than 50%. You should give preference to
programs that pay commission on multiple levels, which means you'll also have
to earn commissions on sales made by people who buy the products
through your link then go on and become affiliates themselves
later on.