July 27, 2020

What Is Affiliate Marketing?

Affiliate marketing is the chance to earn money selling products for reputable companies and websites in exchange for a commission. Top sites like Amazon and eBay offer huge variety in terms of high-demand products. Top companies like Apple also have affiliate programs, though there are sometimes thresholds for participating, such as how much traffic you get to your website.

To start as an affiliate marketer, you will register at the site of your choice, or at an affiliate marketplace such as CJ Affiliate, LinkShare and ShareASale for physical products, or ClickBank and JVZoo for digital products. Once you have been accepted, (sometimes this is automatic, and at other times you will be evaluated for certain companies), you will be able to form specially coded links.

Links:
CJ Affiliate – http://www.cj.com/
LinkShare – https://rakutenmarketing.com/affiliate
ShareASale – http://www.shareasale.com/
ClickBank – https://www.clickbank.com/
JVZoo – https://www.jvzoo.com/

Why Become an Affiliate?

Firstly, you are going to receive a high commission when you make a sale. The average commission for information products is between 50% to 100%. So for example, if the product price is $97 dollars, you can earn between around $48 and $97.

Secondly, one of the biggest benefits of affiliate marketing is that you don’t have to create your own product. There’s no need to do the research, develop the product, write the sales letter, set up the sales funnel for customers to purchase the item, and so forth. It’s all been done for you. Join an affiliate marketplace, and you can have hundreds of products to sell in a matter of minutes.

Thirdly, selling for a vendor is hassle-free for you because the vendor will be doing all the customer services work and support. All you have to do is drive traffic. And there are many ways to drive traffic, free and paid.

Lastly, creating content is optional (though it is highly recommended these days). It does help to have your own site or blog as a gateway for referring sales to the vendors, but some people just use social networks to drive traffic and affiliate sales.

Each time someone buys a product through your link, you earn a commission. The best thing about affiliate marketing is that your links are earning for you around the clock – even when you are asleep, away from your computer, or on vacation.

Eric
Post Contributor

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