How to Make Money With Affiliate Marketing
Affiliate marketing is probably the finest and easiest way to make a sustainable amount of money online. It’s the first model I went into when I got online and I have been very successful with it. I make money promoting different products on my review websites.
I also do CPA marketing which is related to affiliate marketing but we are going to focus on affiliate marketing in this report. I might have to say a little about CPA marketing somewhere in the report so that you get a good idea of how that works too.
First, you need to know what to expect as you prepare for the money-making journey. Internet marketing is not something you can start today and learn everything in a day and start making money right away.
You will need to learn and apply what you have learned to make it work. You will encounter trials and disappointments and if you can’t deal with that, you are likely to quit. Most people have quit and it takes mental toughness to get through and be a success in this.
I am not trying to scare you or something. If I can do it, so can you. There is a lot of money to be made online doing different kinds of stuff. You just have to learn it, do it, be patient, work hard, and then get paid.
Read these blog posts I wrote on my blog on how internet marketing and your mindset work together. Read the pillars of internet business and also The Internet Marketing Mindset – Key to Online Success.
Those posts will teach you a lot about how internet marketing works generally and prepare you for what to expect in your online marketing journey.
So my friend, welcome to the world of internet marketing and the world of a model called Affiliate Marketing. As I said before, it’s probably the easiest way to make lots of money online so you will enjoy reading this.
Let’s get right to it.
Principles of Affiliate Marketing
Affiliate marketing is a process in which a merchant gives a commission to an affiliate for promoting and generating a sale on his behalf. It works in such a way that the affiliate is giving an agreed percentage for each sale and he helps make.
Let me put it in a lay man’s language. Do you know the Ibo guys that sell electronics right or general goods? Yes if you have ever gone to buy electronics yourself at any places where you have Ibo boys, you will notice some guys beckon on potential buyers.
They don’t own a store there or even have anything of their own to sell. Their job is to find buyers and refer them to any seller and if the buyer buys, the seller will give them a commission for bringing in the buyer. Its that simple.
So these guys make money without having a store or owning their own wares. They just refer buyers to sellers and get paid. The more buyers they refer in a day, the more they make.
And the best part is that they don’t work for one seller. They refer buyers to different sellers. Whatever a buyer needs, as long as there is a seller for it, they take them to any seller of their choice.
That’s how affiliate marketing works. Except for this time, it works online. You get recruited online to find buyers. You refer buyers to the seller’s online store and when the person you refer buys something, you get paid an agreed commission. Everything happens online without any physical contact.
I hope I have been able to break that down in a way a layman would understand. So let me tell you more about how it works online. First I need you to know the terms used online. Yes, the Ibo guy whose job is to find customers, the seller, the store, the share he gets, etc. have terms used in affiliate marketing.