What is Affiliate Marketing and How Does it Work?
I get asked this question so many times. Mostly from people who are curious as to how I make money online. This is a simple explanation on the inner workings of affiliate marketing.
By no means is this a definitive guide, however it is a run down on the process of making money online with Affiliate Marketing.
In this video we talk about Affiliate Marketing is, how it works, if you can make money doing it and what kind of products you can sell.
For those of you who would rather read instead of watching the video then please check out the brief summary below.
Affiliate marketing is often one of the first methods people try when they’re looking for ways to make money online. This is for good reason because it really is one of the easiest ways to get started.
What attracts people to affiliate marketing is that it is low cost to get started.
Generally all you need is a hosting and a domain and you’re set! This brings the start up cost to around $15 depending on where you get you purchase the above services.
With the low cost it means there is low risk. Most people can afford the above. Most people drink at least one coffee on the run and eat out at least once a week.
People also start with affiliate marketing because you don’t need to be a tech geek to figure it out.
There are so many companies out there that offer affiliate programs. They want you to market their products. In return they are willing to pay you commission.
Companies like Amazon, ClickBank, JVZoo are there ready for you to work with. It costs nothing to become an affiliate to these companies.
Depending on whether you want to sell physical or digital products you can choose whichever company you like.
Identify your target market of people who would purchase your products and then drive them towards your offer.
Once they purchase something from your website or any other platform you decide to you including Tumblr. Facebook, Twitter, you get commission