What is Affiliate Marketing?
Affiliate marketing has become one of the largest forms of advertising used by online merchants. Affiliate marketing is a way of making money online by promoting products from online merchants such as Amazon.
How it Works:
When you become a publisher you can earn commissions by promoting products on your website or blog. When your website visitors click on coded links they will be directed to the merchants store front. If a transaction is made you will earn a percentage of the sale. Generally most affiliate programs pay 3% to 10%. I have seen informational products pay as much as 50%.
Why do merchants prefer affiliate marketing?
Online merchants prefer this form of advertising because it’s a very cost effective way to reach millions of potential customers. Also merchants only have to pay affiliate commission when a transaction is made. So, if you compare this to very expensive traditional advertising methods; radio, TV, newspaper, with no guaranteed results, the savings are enormous.
Why should you utilize affiliate marketing?
The fact is if you’re building a Network Marketing business it may take months to make enough money to break even. You need to have multiple streams of income in order to sustain yourself for long term growth. If you’re going to spend hours and hours building and updating your website or blog you need to capitalize on your traffic. It’s proven that out of every 100 visitors to your site, one may be interested in your Network Marketing Opportunity, the other 99 just simply leave your site and move onto the next. What if you offered products that could help people prosper in the Network Marketing Industry? There is a very high probability that some of these 99 visitors may want to learn more. They may purchase a product and you will earn commissions on the sale.
Affiliate Marketing Platforms:
MLSP- My Lead System Pro is a system that will not only generate leads for your primary Network Marketing Business but it’s also a fully integrated affiliate platform that offers many products and services that pay you commissions. Even if your website visitors are not interested in your primary business you can still earn commission on other valuable tools. You're not required to have a website or blog. Lead capture pages, and product information pages are created for you. Highly Recommended!!
Click Bank – is the premier online marketplace for digital information products. Their database is filled with informational products on just about every subject you could think of. Commissions are set by the author of the digital product. You're not required to have a website or blog in order to begin promoting. I have seen commissions of up to 50% on some informational products.
Google Adsense – is slightly different from an affiliate program but promoted in the same way. How Google Adsense works is you place a code on your site where you would like ads to appear. The ads that appear will be relevant to your sites content or your visitors browsing habits. You will be paid on impressions or clicks. Google Adwords is easy to implement and a great way to create an extra stream of revenue.
In closing I just want to say that affiliate marketing is not meant to take you off course of your main goal, building your Network Marketing Business. Affiliate marketing can be incorporated into what you’re already doing with little to no effort. Affiliate marketing provides extra streams of revenue that can be re-invested into your primary business or give you that extra little bonus that you deserve for all your hard work.
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