Affiliate marketing is just another word involving a “Partnership” in business and getting commission or rewards for your efforts. Affiliate Marketing is simply the process of selling or promoting any product online or offline and getting rewarded for it. Affiliate Marketing involves promoting one product, set of products or promoting a brand to customers. It has become very popular with the growth of the internet where internet users, especially website owners, approach vendors (products owners) to promote their product on their website. If a sale is made, then that person gets commission out of the sale. When we say “Affiliate marketing” we are referring to a widespread practice where the process of promoting a product and getting rewards are massive.
Affiliate marketing might also involve generating traffic (unique internet visitors) to the product page and the product, exposing the product portfolio and the brand to a worldwide audience. Website owners place ads on their website and thus generate traffic for the vendors, where visitors might even buy the product if they like it, and the website owner gets a part of that purchase money as a commission.
Affiliate marketing sometimes means advertising, where the product owner pays the website owner for the number of unique visitors to the product site which might enhance the brand value of that product. Affiliate Marketing might also mean generating leads, where the affiliate marketer will have to gather information of probable future customers and get paid for each prospective customer he generates. Affiliate marketing not only involves advertising through websites, but through various other methods as well. Email marketing, ad-posting, banner posting, link exchange, blog writing, article writing and marketing are the most popular ways to influence customer decisions and drive them towards buying a product.
Affiliate marketing has become a major part of the modern business scenario with the internet playing a major part in promoting a product. Internet commerce or e-commerce is growing exponentially every year as is the number of people promoting and selling their products online, and there are increasing numbers of people or affiliate marketers promoting such products. There have been rags to riches stories of affiliate marketers who started with a computer and internet connection and ended up being a billionaire. Yes, it’s true. There are many affiliate marketing websites which are online for a long time and people working with them to promote their product and people selling for them for a living. Some of the major affiliate marketing programmes are Clickbank, Commission Junction, CPAway, Revenuewire and so on.
Affiliate marketing might sound easy, but it takes a good amount of hard work, strategy, minimal investment, patience and time to see profits. If you think you have it all, Affiliate Marketing is the right path to your success.