Introduction to Affiliate Marketing
Generally speaking, there are three basic internet business models:
Selling one’s own products or services. (1)
This can be:
a. Selling physical products such as toys, clothes, shoes, accessories etc..
b. Selling virtual products such as down-loadable programs, eBooks, training videos, ect.
Selling advertisement space: (2)
This entails selling ads on a website, blog, newsletter, fan page, etc…
Selling other people’s products: (Affiliate Marketing) (3)
Many people especially beginners, don’t have their own products to sell, nor do they have a popular website, blogs, newsletters, fan page, etc, to sell ad space. This leaves them with the third model, affiliate marketing.
This is how affiliate marketing works. There are many product creators online selling their goods and services. They already have products to sell and they are looking for people to help them promote and sell these products. In exchange for your effort in helping them to get sales, they are willing to give you a percentage of the sales price as a commission. In simple terms Affiliate marketing is the practice of promoting other peoples’ products or services in exchange for a commission on the sales you generate.
There are several advantages of becoming an affiliate marketer:
No need to create your own products
It’s easy to get started
It’s free to join – (most affiliate networks are free to join)
You do not have to handle deliveries, take payments, nor answer queries
There is not an absolute need to have a website
Affiliate Marketing has been in existence for a very long time. It is a modern version of a very old concept; getting a commission on a sale. However, the advent of the internet has opened up a very wide array of options for affiliate marketers and merchants.
As a beginner, affiliate marketing is one of the best ways to get started in online marketing. The magic of the internet has revolutionized mankind and the way we live and work. If you own a computer or a smart-phone, and you have an internet connection, there are lots of affiliate marketing networks that you can join to make money on the internet, from the comfort of your home.
Amazon and Clickbank are two of the best networks to start from. Making a sustainable income on both Amazon and Clickbank network is quite possible. Tens of thousands of affiliate marketers are doing so. However, to achieve, you must be committed to putting in the work. If you have the mindset that you can start affiliate marketing now and be financially free in just a few weeks or months from now, you most certainly will be setting yourself up for failure. Do not expect to go online, start an affiliate marketing business, and begin to make thousands of dollars in profits within a few weeks, or months. Simple, this will not happen! All legitimate businesses take time to develop and mature. If you can accept these facts then consider Amazon and Clickbank as good options to start with.
Here is a listing of some other popular affiliate marketing networks.