Make Money By Affiliate Marketing

What is affiliate marketing• Affiliate marketing is that it is a way of making money online

whereby you as a publisher are rewarded for helping a business by promoting their product, service or site.

• The industry has four core players: the merchant (also known as 'retailer' or 'brand'), the network (that contains offers for the affiliate to choose from and also takes care of the payments), the publisher (also known as 'the affiliate'), and the customer.

• The market has grown in complexity, resulting in the emergence of a secondary tier of players, including affiliate management agencies, super-affiliates and specialized third party vendors.

7 Key factors In Affiliate marketing

1. First Impression:- First impressions are huge because they set the tone for a visitor’s entire experience through your website, including any possible transactions that may take place now, or in the future.

2. Sell Products That You Have Used:- The way to earn money with affiliate online businesses is by promoting only products that you have used, and only what you would recommend to my friends who want to achieve similar results. I feel that anyone with an audience has a responsibility to do the same thing.

7 Key factors In Affiliate marketing

3. Describe The Product That You’re Promoting.:- If you’re actively promoting a product (that you’ve used), you obviously know something about it. Share your knowledge with your audience, and they’ll be intrigued and more likely to click through to learn more.

4. Content First, Affiliate Link Second:- Although I just said you should always describe the products you promote, the content that you write should drive the affiliate links that you offer, not the other way around. Don’t write posts just for the sake of placing an affiliate link within.

7 Key factors In Affiliate marketing

5. Promote One or Two of the Same Type of Products:- If you keep promoting the same products time and time again, your audience will begin to realize that there must be something special about the specific ones you keep bringing up.

6. Utilize a Resources or Tools Page:- A resource or tools page is a page that consists of helpful links to websites, products and services related to your niche. This is a perfect spot for affiliate links, so take advantage of this if you haven’t already.

Types of affiliate marketing1. Pay Per Click (PPC):- PPC is the most popular type of affiliate

marketing for affiliates with small websites, and probably the easiest way for them to earn money. In this affiliate marketing type, the merchant pays his affiliate whenever a visitor is referred to his site, that is whenever someone clicks through the merchant's banner or text ads.

2. PayPerPerformance(PPP):- In this type of affiliate program, the

merchant only pays the affiliate whenever his referral translates into an action that is whenever the visitor he has referred actually buys something from the merchant's site or when the visitor becomes a lead for the merchant

Types of affiliate marketing

3. Pay Per Sale (PPS):- In a pay-per-sale type of affiliate marketing, the merchants pay the affiliate a certain fee whenever the visitor he has referred to the merchant's site actually buys something from the merchant's site. Affiliates are often paid on commission basis, although other merchants would opt to pay a fixed fee.

4. Pay Per Lead (PPL):- In this type of affiliate marketing, the affiliate is paid whenever the visitor he referred to the merchant's site fills up an application form or any similar form related to the business of the company

Types of affiliate marketing

4. Single-Tier, Affiliate Marketing :- These types of affiliate marketing are based on the different levels or tiers in the affiliate network by which payments are made. In a single-tier affiliate marketing program, the affiliates are only paid based on the direct sales or traffic he has referred to the merchant.

5. Two-tier affiliate Marketing:- In this the affiliate is not only paid for the direct traffic or sales that he refers to the merchant's site, but also on every traffic or sales referred by various other affiliates who joined the affiliate program through his recommendation.

Types of affiliate marketing

5. Residual Income Affiliate Marketing :- In residual income affiliate marketing, the affiliate gets paid not only once for every customer he has referred to the merchant's site. Rather, the affiliate is also paid whenever the customer he has referred returns to the site and purchase another product.

Pros of Affiliate Marketing

1. Online merchants get free ad space and will only pay for proven results (pay per sale, pay per click, pay per lead).

2. Affiliates, on the other hand, require only an ad-space to promote the merchants’ products, and thus can enjoy watching the beautiful sunset while earning cash.

3. Advertisers can promote a product to a vast audience, giving their brands more exposure and recognition.

4. Marketers can collaborate with affiliate networks and can pretty much take care of the execution stages, giving the merchant little to no bother during the procedure.

5. Consumers that come from the affiliate’s site can provide important information concerning the latest trends and demands.

Cons of Affiliate Marketing1. False advertising on the affiliate’s website can destroy a

merchant’s reputation. More and more affiliates are engaging in this kind of scheme.

2. Affiliates risk not getting paid. The twisted merchant may simply leave and close down the program without paying the affiliate.

3. Some affiliates are tricked into a program where they can get high commissions and then get less than what the merchant has actually promised. Some programs require the affiliate to give cash for membership.

4. There are also some unscrupulous individuals who hijack affiliate links, stealing their commission in the process.

The Process Of Affiliate Marketing

Top 10 Affiliate Marketing Sites

• ClickBank.com• MoreNiche.com• Amazon Associate• Commission Junction• Chitika• ClickBooth• TextLink Ads• Link Share• Cpalead • Never Blue

Check out this video for more details

Source

• http://en.wikipedia.org/wiki/Affiliate_marketing

• http://www.smartpassiveincome.com/8-principles-for-effective-affiliate-marketing-on-a-blog/

• http://www.warriorforum.com/articles/724727-different-types-affiliate-marketing.html

• http://howtoruleonline.com/top-10-affiliate-marketing-sites/