Hi Jamie! Thank you for the great information. I just learned about affiliate marketing last week. The source however, is an older couple who work for World Wide Dreams Builders (WWDB). So, basically Amway. After researching a bit. I have no interest in WWDB and. (It sounds like years of recruiting people with minimal payout) Though, I am highly intrigued by e-commerce and affiliate marketing. Before your post the company I recognized was Amazon. Can you please tell me if that will be the best 1st step. I am currently an unemployed student Veteran. So plan to fully emerge into this business regime and would greatly appreciate your advice on this!!!
The formula for affiliate marketing remains relatively constant no matter what your market or niche. Your main task will always be traffic generation (i.e. driving prospects to the merchant’s website via your unique “affiliate” link). If you don't have any money you can get started by finding ways to get free traffic to your website, including blogging, guest posting on other websites, and posting to social media sites like Facebook, Instagram, etc.
Giving away a free informational product such as an e-book, an email series or a mini-course is a popular tactic many affiliate marketers use. Usually, your readers will have to provide their email addresses to receive the product from you. You can then use this to sell to them via email marketing. Additionally, an informational product can generate interest in the actual product you're trying to sell. If your product is popular enough and brings enough traffic to your site, you could also monetize the traffic in other ways, such as AdSense.
Affiliate marketing is one of the various ways to make money online by promoting products or websites to earn a certain percentage as commission from sales made. The sales are made via web traffic. This simply implies that money is made from sales of the product being promoted. What you need to know is that services or products you promote are provided by others and not necessarily you. The only duty you are required to perform is to provide a marketing or sales outlet. So, let’s learn how to earn from affiliate marketing.
Hi Jamie, awesome content that is very helpful esp with the resources, links and the rich discussions. Want to start e-commerce and blog for money…selling others products, want to go full on with this, tired of the daily routine crunch working for others. I live in a developing country (PNG) that has high internet costs (work still in progress with getting rates down…) so will see how I go with your posts. Any advise? Don’t have a website yet, have to build one I guess….
After the Internet has become widely available in various societies, the reliance on e-marketing has become more than before, and there is no longer any need for a marketer to become numb by moving from door to door to show what he sells! With the emergence of many types of e-marketing, a specific type known as affiliate or commission marketing has emerged.
The advantages of the affiliate marketing business model for the affiliate are quite obvious to anyone. Having the opportunity to effectively ‘sell stock’ without having any of the costs or responsibilities of manufacturing, buying or storing it is very liberating. In addition to this, when working with a high-paying network like MoreNiche, the profit potential is enormous.
Not only that, but this marketing happens mostly free of charge. You only get to pay something once someone has made a sale. So, if you have hundreds of bloggers on your books, they will be blogging about your products and services to their readers. And all the content that you get will be free of charge. So, affiliate marketing offers a great opportunity for brands looking to get the word out there about their products and services.
I personally am an affiliate for a number of companies that offer this type of payment. One of these is Shopper Approved, a company that you can use to get star ratings in Google Ads. Now, this is a great company that I use myself for online reviews. And as an affiliate, I have referred over 300 people to this company over the years. That’s a great number that ensures that I get thousands of dollars from this company every month. So, the people that I refer to this company are tied to my account. I will continue to get something from them even 10 or 20 years into the future. The only requirement is that they continue to make their payments to Shopper Approved.