I have structured this article on affiliate marketing in the form of some questions that have been addressed to me by friends, buddies, colleagues and acquaintances.
- What is Affiliate Marketing?
Affiliate marketing is performance-based marketing. In affiliate marketing we deal with 3 entities: the provider, the affiliate, and the user. The supplier is the one who owns the product and wants to sell it on the Internet. Affiliate is the person who owns one or more sites, has access to an audience and wants to sell the products to the provider. It is the user who buys the supplier’s products, but through the links the affiliate makes available to them.
The whole system is performance-based as I said. Performance is defined by the vendor, usually it is considered performance that the affiliate manages to convince a user to buy a product or at least to register on the site.
- What costs are incurred by the buyer through a link offered by the affiliate?
The buyer pays nothing more than the price of the seller’s product. You get commission from those money that the user gives.
- What would be some popular and good ways to make money through affiliate marketing?
In my opinion and my observations, the most effective methods seem to be the chance for a user to buy through your link increases if you tested that product or you own it. Reviews are more compelling because they present complex and detailed product-related experiences. If you have an influence and the user trusts you, then you will probably sell some of that product.
Most affiliate marketers resort to classic affiliate marketing tactics:
- Place links within the text of the article
- Place banners on the site with products / product advertisements
- Do reviews or advertisements
- Provides affiliate links on social networks: Facebook, Twitter, Google+
- Talk to their friends as when buying something, buy through their link
- These are the basic affiliate marketing tactics or, better known, the tactics that I have used.
- Why do I recommend people doing affiliate marketing?
Because it costs no one extra money and is win-win for everyone. The user pays the same amount of money, the affiliate receives commission, the supplier sells his products. Everyone is happy. I recommend anytime to those who want to promote their product rather to try affiliate marketing than coupon discounts because massive reductions usually have a knock-on effect on brand and volume of customers. Those who are already making recommendations to their friends can make hundreds of dollars without sustained effort, just by offering some affiliate links. See more at this url.
- What else do you need to know about affiliate marketing?
It’s an easy way to make money when you have an audience that trusts you and would buy the products that you recommend. It’s an easy way if you’re the kind of geek that recommends all sorts of gadgets to their friends. It’s a passive method, you do not have to invest time in promoting products to make extra money.
Once a user has accessed your link, it has a cookie with your affiliate code in their browser. If the user for 30 days does not access the link of another affiliate marketer, you will receive the commission from the sale generated through your link.
- Deals with other affiliates
As an affiliate you can make a lot of money and relatively easy if you present other people (affiliates and them) a product with which to make money. In this way, they earn a commission, and you earn a commission from them, doing nothing (other than explaining to them at the very beginning how things work). However, to do this, you need knowledge … and it is quite difficult to be among the first to learn something. What you can do, if you are a successful affiliate, is to create an ebook (taking advantage of the fact that there are many on the internet and very few qualitative ones), rich in information to help others. You can either ask for a small amount of money in exchange for it, or include some affiliate links that will bring you other money in the future.