Affiliate marketing is a business model whereby a product provider will pay you a commission based on a sale you will make on his behalf.
Affiliate marketing is much older than the internet, but with the advent of online sales, it has become far more widely used by companies, with very few online merchants not offering some sort of affiliate or partner program.
It is pretty obvious why merchants of all sizes have embraced the affiliate model as to use it costs them nothing, and as the merchant assumes the visitors or sales the affiliate partner brings them are in addition to their usual customers, it can only add to their bottom line.
Affiliates like the model, because all they have to do is focus on selling. They have no Inventory, shipping, customer care, returns or complex paperwork issues to deal with.
That is why affiliate marketing is your key to online income, even as a complete "newbie" you are on pretty even footing with all your competitors, and if you already have a blog or website that is producing traffic, it can be as easy as placing a few banners or links, embedded with your affiliate id. onto your pages and you can be earning that commission from day one.
Most affiliate programs will pay you monthly, or bi monthly, but there are some that pay weekly or even daily or instantly, Recently some have even been known to pay directly into the affiliates paypal account. Ideal for cash strapped affiliates who get their commission instantly.
The instant or near instant payment model is good for the affiliate, because Even if the affiliate is using pay per click or some other kind of paid advertising, to drive traffic to the affiliate link, his or her cash flow is likely to be more or less positive, as they can expect to receive their affiliate revenue before the advertising bill becomes due.
You can get started in affiliate marketing as a complete "newbie" today. even without a customer list or blog or even website, having these can be an advantage, but you don't need to wait until you do to get your start in affiliate marketing.
Friday, March 14, 2008
Why Affiliate Marketing Is Your Key To Online Income
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