Creating an income with affiliate marketing. What is affiliate marketing?
Affiliate marketing has been around for years and years. It’s when you refer someone to buy a product or service. You then get the commission. You don’t need to create or sell a product. All you need to do if refer somebody else to purchase something.
Many companies online have an affiliate program. When you sign up, you get a unique affiliate link for you to use. You use this link for other people to click on who are looking for that product or service. As I said, there are many different affiliate programs out there for you to use.
Pay Per Click (PPC)
You will earn money online based on the number of visitors redirected from your affiliate site to the advertiser’s website.
Pay Per Sale (PPS)
You will earn money online when a purchase has been completed. The advertiser will pay you a percentage of that sale made.
Pay Per Lead (PPL)
You earn money online when the visitor provides their contact information on the advertiser website.
Affiliate marketing is highly competitive. If it works for you then it is one of the best passive income sources. To be successful, you have to understand what works and what doesn’t work when you are promoting the products you have chosen.
You need to be patient
The main thing you need to remember when starting to be an affiliate marketer is to be patient. I can not stress this enough. If you think you can earn a lot straight away then this method may not be for you. This is definitely a long term plan.
How are you going to get people to click on your link? There are several ways to do this.
One is to start a blog, you can use a simple website using WordPress and keep creating content. I have listed some hosting providers below.
The more traffic you get through to your website, the better. But how can we do this? You can run ads on own site, but there are different traffic sources that are paid and free. The best example belongs to Google Adwords in which ads are placed on your site and when someone clicks on them, to earn.