Tuesday, November 6

So What Is Affiliate Marketing?

Affiliate Marketing Made Easy:

What exactly is affiliate marketing? Affiliate marketing is a huge growth industry on the internet. It’s also true that affiliate marketing is one of the fastest and most creative ways to make a good income and be able to work from home, or anywhere you like for that matter.

Basically, affiliate marketing is selling products for a commission. Your business advertises and sells products for other companies. You don't need a product of your own to start with, but it's something to consider for later on. A successful affiliate marketer must have a few things available:

1.    A quality website - the core of your marketing system. So the first step for successful affiliate marketing is to build a good, professional-looking website to increase credibility. The site must be user-friendly, and you want it to be attractive to potential customers - so they are motivated to click on the links to the products and services you are promoting. When they make a purchase, you make a commission. There are many companies who specialise in building websites, so you can get one made for you, or build your own.

2.    Products to sell - You don't need many to start with, but you'll need to find out if there is enough demand for those products for it to be worth your while spending time and money promoting them. Using other peoples' products is a good way to start, but do make sure you have actually used them yourself; this gives you the ability to make really credible recommendations.

3.    Advertising - its very easy to throw lots of money away when starting to advertise. Make sure that you can keep track of what's working and what isn't. Look at what other people are doing in the same area - take ideas from their campaigns, but don't copy verbatim.

4.    Mathematical skills - you need to be able to track your sales and work out your profit. Also make sure your suppliers are paid on time. You could consider hiring someone part time to help with the bookkeeping.

5.    Family support - any new business  takes up a lot of time and energy, particularly at the start, so anyone close to you needs to be understanding about this.

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