Of all of the possible marketing strategies that exist on the website…affiliate marketing is an intricately weaved masterpiece that is ever expanding in its breadth and depth.
1. Ok, so what is affiliate marketing all about?
Think Survivor. We all need allies to stay in the game.
Affiliate marketing is like having online ‘allies’ who are helping to promote your website, and in doing so are rewarded for sending new customers that increase sales on your website.
- If this new customer buys something, the affiliate is paid a percentage of your sale
2. How does affiliate marketing make me money?
Really..with affiliate marketing there are two ways to make money and you can use them BOTH! (We highly recommend doing both!)
Option # 1: You advertise for other websites and when they make more sales because of the traffic you sent them, they pay you a percentage of their sale!
Details:
- You place other companies ‘affiliate links or banners’ on your website.
- People come to your site & click on your affiliate links and are directed to another website.
- If they buy a product there..then YOU get a commission of the sale.
Option # 2: You pay affiliates when they bring more sales to your website!
Details:
- You install an affiliate program on your website.
- Other people sign up to become YOUR affiliate.
- They now place YOUR website link onto their website and start directing traffic your way.
- You choose what commission you want to pay, and only pay if the people they send actually buy something!
3. How do I get started?
- If you want to market other websites and earn commisions, there are plenty of websites out there eager to have new affiliates. We recommend finding a company that you like their products and would like to market them on your site.
- If you want to have your OWN affiliate program so other people will advertise YOUR website, you will need an affiliate program.
You can be sure that there are many options out there…but this being the iDevSpot Blog…we recommend, PhpAffiliate, not only because it is our product but because we think that it will be exactly what you are looking for at a ridiculously affordable price!
Some features of PhpAffiliate that you are going to love:
- Very easy for people to register and become your affiliate.
- Includes a simple administrator’s control panel which allows you to see detailed sales history and earning reports.
- You can easily track referrals and purchases from all your affiliates!
- Your affiliates can see their own referrals and commisions from your site.
- You choose what percentage you want to pay affiliates!
- You choose how long your affiliates will be paid for referral purchases!
- You create the links and banners for your affiliates to place on their site!
- PhpAffiliate is open source code, so you can make any changes you want!
- A low, low, one-time, price of $34.41.
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keep it up!
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Nice informative content, thank you!
Affiliate marketing is the easiest and the most lucrative way to start your internet marketing career. Once you get the feel of the business you can then venture on to others. And remember, success is not by chance, it’s by choice!.