Affiliate Marketing – The Ins and Outs One of the best ways to make money from home these days is to leverage the power of the Internet. If set up properly, the Internet can work to make you money all day, all night and every day of the week. There are many inexpensive businesses that can be started online as well. This makes it possible for more and more people to realize their dreams of working from home, spending more time with their children and making more money than they could from a traditional 9 to 5 job. There are many different paths to take regarding making money on the Internet. One of the more popular methods of making money online is through affiliate marketing.
One of the early adopters of affiliate marketing was Amazon. They incorporated it into their strategy early on in their existence, and they still rely heavily on it today. Their army of affiliates are responsible for sending millions of visitors to their site every day which results in millions of dollars in sales each day as well. Amazon is not losing money using this strategy either so you know that it works.
There are two sides to affiliate marketing. There is the affiliate who is responsible for advertising the supplier’s products using traffic from a website, email list or other methods. Then there is the supplier who provides the product itself. A supplier will pay a percentage, or commission, to the affiliate if someone comes and buys something as a result of being directed from the affiliate’s website or email list. The supplier will provide affiliate tracking codes or links to keep track of all this. If a visitor clicks on a link at an affiliates sites, they will be redirected the supplier’s site. They supplier site will keep track of the affiliate id in the link during the visitor’s session. Should they buy something, the site will know that it owes commission to the affiliate.
You will need to apply for an affiliate program if you are interested in promoting their products. Many times they will ask you to show them evidence of the website traffic you can send to them. Many will take new people to affiliate marketing, but if you have experience they are even more receptive to accepting you. Furthermore, if you are able to send them targeted traffic with high conversions then they may be willing to pay you an even higher commission rate versus those that are new to affiliate marketing. Just speak with the person running the program if you think you should be considered for higher commissions.
Affiliate marketing is a popular and lucrative way to make money leveraging the Internet. It is the best of both worlds because it gives you the opportunity to advertise and sell just about any product you can think of without having to buy expensive inventory, store it or ship it to the buyer. All, you have to do is send targeted traffic to the supplier and let them take care of the rest of the process.