Marketing other people?s products online as an affiliate can be one of the most rewarding and lucrative businesses a person can be involved in. This article will explain affiliate marketing to you in detail. By the time you?ve finished reading, I suspect you?re going to be so fired up that you?ll stop asking ?what is affiliate marketing? and start asking ?how the heck can I get started now??
What Is Affiliate Marketing? The Basics
Product vendors including Walmart, Starbucks, Sears, Barnes & Noble, and countless others rely on many things to get their products in the hands of as many consumers as possible. One of these companies? most effective means of doing this is a competent sales force. In the online world, this sales force is known as affiliate marketers. These are folks like you and me who are willing to spread the word about various products and services in exchange for financial compensation.
But it doesn?t stop with giant international companies. You can be an affiliate for a fellow internet marketer. In fact, there are tens of thousands of men and women who create digital products such as eBooks, video courses, membership sites, and software programs who are willing to pay out big bucks to affiliates who send business their way. This presents us with one of the biggest, simplest, and most profitable business opportunities the world has ever known!
Creators of these digital products are generally fully prepared to pay an affiliate over half of the purchase price as a commission. In other words, if their product is currently being sold for $47, you will make a minimum of $23.50 every single time you send them a paying customer! Many products actually sell for well over $100 and many vendors pay up to 75% commission!
But why would a vendor pay you such a high percentage? Well, this is actually the beauty of promoting digital goods. When someone creates an eBook or software package, they don?t have to actually ?create? copies of it. In other words, there is no actual manufacturing process involved.
They can send out unlimited copies, and therefore, they have absolutely no overhead. It?s pure profit. They are willing to pay so much because they want you to work hard for them. It?s all free money to them anyway, and the more affiliates they have working for them, the more money they make. It?s pretty straightforward when you think about it.
Does Affiliate Marketing Take Any Special Skills?
The short answer is yes. Of course, these skills can be learned and you can start earning affiliate revenues right away. The main skills you will need to cultivate are product selection skills, keyword research skills, article writing skills, and some basic HTML skills, among others.
Now don?t let this scare you away. These things are well worth learning. Be aware that affiliate marketing is just like any other skill set in the world in that you?ve got to learn how to do it. Even if you went out and got a job as a dishwasher in a restaurant, there are certain skills you?re going to need to develop. This is really no different.
This Is Extremely Important:
There is an undeniable learning curve involved with affiliate marketing, and I cannot suggest strongly enough that you get the proper education upfront so that you can start making money right from the start. I recommend investing in a proven system, as it can take you years to figure all this stuff out on your own. The right system can put you on the fast track to affiliate marketing success.
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