Extra Income Affiliate Marketing –
Affiliate marketing has been one of the most popular online moneymaking opportunities that internet marketers have developed. Its simplicity has made it one of the most popular online business models today.
In simple terms, affiliate marketing is a kind of performance-based revenue sharing model in which an online business compensates one or more affiliates per visitor or client brought about by their affiliate marketing efforts. There are many affiliate programs online that can be used by both new and experienced affiliate marketers. These programs usually come with pre-determined commission pay outs, so new affiliate marketers can find some easy success in this field as well.
The biggest advantage of affiliate marketing over other revenue sharing methods is the fact that affiliate commissions are not tied on the number of sales or clients generated by the affiliate. This means that affiliate marketing programs can be set up where you generate good commissions and your clients may never know that you only get paid when they purchase a product through your reference link. This may sound strange to some people. However, this is actually a very common practice nowadays in most of the affiliate marketing programs. Most affiliates do not tell their clients about the fact that they actually earn commissions only if the referred customers make purchases.
Another big advantage of affiliate marketing program income is that you don’t need to worry about writing a lot of articles and blogs in order to promote affiliate income programs. Your job is to drive traffic to the merchant’s website and convince visitors to purchase products. The merchant takes care of writing all the articles and blogs and even pays you for generating traffic to their site. You just sit back and watch the affiliate income continue to grow.
Affiliate marketing is perfect for anyone who wants to start an online business or improve on an existing business. You don’t need to have high-end equipment or invest a lot of money in order to get started. All you need is a good website, some traffic and an affiliate marketing program merchant to promote. Affiliate marketing works great with every kind of e-commerce including eBay, Amazon, ClickBank and many more. Even PayPal has an affiliate marketing program that enables merchants to offer their services for free to enhance the chances of earning more profits.
When a visitor clicks on the affiliate marketer’s link and purchases the product, the affiliate marketer gets a commission. It is as simple as that. Some affiliate programs offer single-use affiliate certificates and others offer monthly payments. You can even get a percentage of each sale, which is called a tier commission.
One of the most popular ways to generate passive income through affiliate marketing programs is by promoting ClickBank products. The commission is quite high and it can easily reach 20% of your overall profit if you have a good marketing campaign. You may not earn as much from ClickBank as from other e-commerce merchants, but if you want to make money online, you should definitely consider this option. There are literally thousands of affiliate products available for you to promote and as long as you have a marketing campaign, you will surely be able to rake in some cash. In fact, it can be even easier and profitable when you promote multiple affiliate marketplaces because the commissions are tiered.
For other ways of generating additional income affiliate marketers can take advantage of social media platforms. One of the most effective ways of getting social media traffic is by making use of YouTube and other related social media sites. There are actually affiliate marketers who create short video tutorials that are loaded with useful information about the affiliate product or program. The videos usually contain links towards the affiliate merchants’ websites, where visitors can find more information on the product. If a visitor finds something useful and interesting, he will most probably share it with his friends in the social media site and this leads to a viral marketing campaign that brings additional traffic to the merchant’s website.
It also pays to become a master at webinars. Webinars are excellent tools for drawing in customers because the audience can hear the voice of the merchant and get instant feedback. Webinars can bring the audience into an actual face-to-face encounter making it very easy to convince them to buy. As a result, webinar revenue is enhanced.