There is little doubt about the popularity of affiliate marketing as millions of people around the world sell products from other companies. Understanding how affiliate marketing works will help you create a second income stream on the internet and establish your online business.
What you need is an affiliate marketing how to guide that explains the basic concepts, what products should be sold, and how to make inroads so that customers find you. There are several affiliate marketing how to guides available and there is a wide discrepancy in the value provided.
What is Affiliate Marketing?
The essence of affiliate marketing is that you sell products from other companies on your website or social media page. You are a salesperson who has links to products from a proven, established business such as Amazon or Clickbank, and when someone clicks on the link, they are sent to that business to make the purchase.
All clicks are tracked by cookies and some affiliate programs provide a longer cookie tracking time than others. Meaning is someone clicks on your affiliate link and doesn’t buy at that time but goes back a week later and purchases you will still get paid if the affiliate tracking is a week or longer.
If they decide to buy, you will receive a commission for the sale. This means that you do not handle or ship the product, you only receive a commission that may range from 5% up to 75% depending on the item and the company providing the product. All you really need is the link from the company and you are good to go. This is one of the main reasons why affiliate marketing is so attractive to so many people. All you do is drive traffic to the links.
How to Find the Right Product
As with any type of sale, it depends on the product you offer and how it is presented on your website. The key to be a successful affiliate marketer is not selling a product but finding a product that sells. Your job is to present the product in such a way that it is attractive to the buyer. This does require some research on your part but is well worth the effort if you find a product that is in high demand.
Many affiliate marketers develop what is known as niche websites that appeal to a select group of customers. This means that you provide informative content that brings in interested visitors and offer your affiliate products that are tightly tied to your specific niche. There are other marketers that run online stores which consist of a group of related products where people can come and find what they need. Ebay for example offers online stores.
You need to find a product that fulfills a specific need and draw in those who want to buy it either directly by operating an online store or indirectly by providing information that is within the industry of the product that you are offering.
Either way, you can build up your business through affiliate marketing alone or by complimenting the products that you have for sale. The easiest way to find affiliate programs for products you are interested in is simply to do a search using the phrase “your product” followed by affiliate program. There are literally thousands of affiliate programs available for a wide range of products.
Why WealthyAffiliate.com is Perfect for You
Having an affiliate marketing how to guide gets you started on the right path towards earning a second income. However, you’ll need more than just advice, you’ll need the right people to work with to help you succeed in your goals. This is where Wealthy Affiliate comes into play. They offer the perfect way to get started in affiliate marketing with the right products, support, and guide to maximize your efforts.
You can get started for free and they offer an extensive list of resources including absolutely everything you need to create and grow a successful business online They cater to all levels of experience including someone with zero knowledge to someone with years of success online.
So, get started today with WealthyAffiliate.com. They offer you the best in products, support, and guidance to help you build a second income and enhance your online business efforts. All the information and support you need to succeed is waiting for you at Wealthy Affiliate. Click Here to read a thorough review on exactly what wealthy affiliate provides.
The explanation on Affiliate Marketing was very descriptive. You explained in a easy way for your visitors to understand. Reason to join Wealthy Affiliate is also great but i was expecting a little inside of the wealthy affiliate. If you could show people the inside of wealthy affiliate like the siterubix and jaaxy things would have been covered up more and visitors look for inside the program.
Thank you for your comment Saurav, you must be a member of Wealthy Affiliate to have that inside knowledge. Yes you’re right there are so many benefits that I should list more.
Even though affiliate marketing takes time, work and especially patience, what I really love about it is the simplicity of how it works, as well as the fact that you can get started on a shoe string budget.
Your explanation of how it all works is spot on. I’ve been doing this for a while now, but I still like to spend some time researching the industry and I came across your post. Nice job.
Thank you for the kind words Darren. I couldn’t agree more and the easiest way to get started with affiliate marketing is with Wealthy Affiliate.
Affiliate marketing has become very popular in recent times, what would you say separates a beginner from an experienced affiliate marketer? I have found that trying to find the right product is time consuming, but I believe it is critical to only sell stuff that you use/have used and believe in. Do you have any extra tips to help me find better products?
Hi Angelo,
What separates a beginner from an experienced affiliate marketer is having access to excellent training materials and a community that helps each other. All that can be found at Wealthy Affiliate. All the best.