What is Affiliate Marketing?
Affiliate marketing is a type of marketing where an individual promotes another person's product or service and makes a commission from each sale. The affiliate marketer has no responsibilities for the product quality, delivery or maintenance of product - other than the moral responsibility to their customers of promoting products of high value to them.
Why participate in Affiliate Marketing?
Affiliate marketing allows you the opportunity to work part-time or full time while building a generous residual income.
"Residual income (also called passive or recurring income) is income that continues to be generated after the initial effort is expended." -Marty Foley
Affiliate marketing is one of the easiest methods I know of to make money with little or no startup costs and very little technology knowledge needed.
There are also effective low-to-no budget marketing methods available. The product owner is doing the major marketing to gain product or service exposure.
Affiliate marketing is something you can start immediately while you're learning to create your own products and websites.
Affiliate marketing is a revenue-generating activity that you can do while you build your main Internet profit stream
Affiliate Promotion Process
It is a simple process to follow when you undertake a simple affiliate campaign, basic Affiliate Marketing flow process that you will be involved in during your Affiliate Marketing.
1) Create A Paypal Account
2) Find products with affiliate program
3) Sign up as an affiliate
4) Mask your affiliate URL
5) Market the product or service
6) Receive your commissions
7) Repeat the process
Common Ways to Promote Affiliate Products
Here are some great ways that I feel you could concentrate on to promote your affiliate products when you are just beginning your Affiliate Marketing venture.
List Promotions-By developing a relationship with your list, you can promote items that you feel would be valuable to them.
Blogging- Blogging is another incredible way to promote affiliate products. Paid blogs, where you purchase and host your own domain, are the most effective. However, there are free alternatives that can also be effective.
Some sites where you can set up a free blog:
A good way to determine whether affiliate programs are worth doing is to check what and when they pay out the money. Is it 50% or 100% commissions. Do they pay out instantly or at the end of every month
Also this is a very important part. Do they give you life time cookies. So if the product owner was to sell further products to people you have recommended through your affiliate link, do you still get paid.
You can find out more from Craig over at his blog where he discusses more on all aspects of Internet Marketing. He has free gifts and products available
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