What is Affiliate Marketing and How Can I Make Money Online With it
In a nutshell, affiliate marketing is just selling someone else's product for a commission. Its sort of like the nice young man that used to come to your house trying to sell you a vacuum cleaner. The big difference is that with affiliate marketing, you never have to leave your house. You never have to go knock on anyone's door. You can sit right at your computer and pump out a ton of cash. No inventory, no customer service and no face to face contact.
Your only job is to create valuable content that will educate and inform your potential customers. You have to let people know about the product and how it can benefit them. Affiliate marketing is probably one of the few ways you can make money online without spending any money. Signing up with the affiliate networks is free. Setting up a blog on blogger or wordpress is free. If you have absolutely no money to spare, then affiliate marketing is for you.
One of the most popular affiliate networks is clickbank. If you are completely new to affiliate marketing, I would urge you to start with them. Clickbank does not have an approval process like most other networks. As soon as you sign up you can start promoting their products. They have well over 10,000 products in their marketplace so you should have no problem finding a decent product to promote.
One thing I really love about clickbank is that the sellers on that site really try to help their affiliates. They provide you with emails, articles, rebrandable ebooks and banners that you can use to help promote the product. Having this type of material available to you, makes your job that much easier. It eliminates the need to do a ton of research. You can just refer to the information in the eBook to help you create the content you want to put out.
Most taxes on clickbank are between 50% -75%. That means you will be getting a nice chunk of change for every sale you make. One thing you have to keep in mind is that affiliate marketing is a business and you must treat it as such. You can not work on it 2 hours a week and expect to see major results. Set aside a set amount of time to work on it everyday. If you do this, you will see dramatic results in no time at all.