What is Affiliate Marketing – A Simple Explanation
How Do People Make Money With Affiliate Marketing?
Affiliate Marketing is internet advertising that allows any online business to affiliate themselves with website owners (known as affiliates or publishers) using affiliate programs. Affiliates make money by generating leads, sales, and traffic for the merchant’s business. Put simply: an affiliate program allows you to link from your website to products and banners, which when clicked or bought through, generate income for YOU.
How Do You Find Companies That Offer Affiliate Marketing Programs?
Basically, you can go to your search window and type in any word such as “baseball affiliate marketing” and hundreds of results will pop up. There are affiliate marketing programs for almost anything you can think of.
Just to give you an example of an affiliate for clothing for example, when I typed in “Old Navy affiliate program“, I immediately saw that there is one available. If your niche is athletic shoes and apparel, you can sign up with Amazon.com, generate some links in your website, and when someone clicks those links and buys through the site from your link, you get paid. Some sites keep your link active for 24 hours and some will keep it active for 30 days or more.
The commissions vary by program, but usually start around 3 or 4 percent. Some programs pay as much as 50 percent for certain products. You can set up links in words or pictures, so that when they are clicked on, the customer is directed to your custom linked product that can make you money.
You can also set up banners that can run along the side of your page or anywhere in your posts. Banners are advertisements that can be placed anywhere in your website that, when clicked on, take your visitor to a custom online link that could make you money if they buy something. Some banners, like Google AdSense banners, can make you money just by being clicked on.
One of my favorite affiliate programs is with Amazon.com called Amazon Associates. They only pay about 4 percent on most of their products, but they have like a zillion products, so the amount of ideas and items you could sell is endless. Just to give you an example, my website is called LEDLightingInfo.com and I have several links to LED lighting products that I have either reviewed or recommend on my site. If people click on any of my product links and buy them, I get paid a commission on it.
In addition to that, if they get sidetracked and click on a big screen TV or some other item and buy it within 24 hours, I get commission on it. You can see how if you are able to generate traffic to your website, this could be very profitable!
Another type of entity that you can sign up for is an affiliate network. Basically, that is a group of affiliates that is managed by one company. Some affiliate networks have thousands of affiliates that they manage, and you only have to sign up for the network to have your account managed. You still have to be approved by the individual companies, but it’s a great way to get exposure to thousands of companies. A few examples of affiliate networks are: FlexOffers.com, Rakuten Linkshare, Affiliate Window, and Commission Junction.
There are many more out there…all you have to do is search. I am signed up with all of these because there are different companies that I want to affiliate with and they don’t make you sign any exclusivity contracts.
What Affiliate Programs Should I Sign Up For?
Use your imagination to find companies that you can affiliate with. Remember though, you should sign up for programs that are related to your niche or website theme. Just to give you some more ideas of what affiliate programs are out there, here are a few companies: Home Depot, Apple iTunes, GoDaddy.com, BestBuy, and Barnes & Noble. You may even be able to come up with a website niche by searching for the available affiliate networks. The possibilities are endless!
Google AdSense is a free and simple way to earn money by displaying ads next to, or inside of your online content. Also, free to sign up for, Google AdSense allows you to show relevant and engaging ads to your visitors, and the look and feel can be customized to match your website. With AdSense ads, you get paid when the ads are clicked. So hopefully when people are reading your engaging content, something will pop up that piques their interest and they click on it. Generate enough traffic and you could make some serious bucks!
What’s the easiest way to learn about about affiliate marketing?
If you are interested in learning more about affiliate marketing for the novice, and if you are interested in a training program that can teach you step-by-step how to build a website and become an affiliate marketer, click on this link:
If you have any questions about affiliate programs or getting started online, please leave me a comment. I would be happy to help!