What is Affiliate Marketing?
There will always be two possible initial reactions for this type of article, one is “What?..*Yawn*..” and the other will be “Please tell me more..”. Of course, if you are dead serious in making money your reaction would be the latter. Affiliate Marketing as defined by businessdictionary
“In electronic commerce, means of achieving greater market penetration through websites who target specific groups of internet users. For example, Amazon.com (which sells books, electronics, pharmaceuticals, toys, and many other items) has thousands of affiliated interest specific websites from where the visitors can reach products offered by Amazon. The entire sales transaction takes place at Amazon’s website which is equipped to handle the complete online payment acceptance process. Amazon passes on a percentage of the sold item’s price as commission to the affiliate website from where the sale originated.”
In simpler sense, affiliate marketing is a type of marketing wherein an affiliate gets rewarded (monetarily) per visitor brought by the affiliate (regardless of his method or strategy).
How to Start Earning from it?
The eternal question from anything that you want to accomplish will always be how to start? With affiliate marketing, you will encounter various procedures or theories on where to start, like choose a business model, select a niche, decide on what product or service to sell and so on. Every article you see would have different approach and sometimes it will always be up to you on how you would mix and match certain approaches. Sometimes it is also helpful to consider common mistakes and how to avoid it before you even start. According to Affiliate Marketer Training:
“As with any venture into a new industry, there is always a period of growing pains when you become an affiliate marketer. When you first start out, you’ll go through some trial and error and make the kinds of valuable mistakes that lead to greater lessons on how to improve your business. However, there are some mistakes that are extremely common that don’t really add to your expertise. Many of these simple mistakes can be very discouraging and even costly, so they are better off avoided.”
As for me, I’ve been coursing through the web for quite some time on how to start my affiliate marketing empire and found a great website about affiliate marketing for beginners. Do check it out as it has lots of useful information that can help you every step of the way.
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