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September 1st, 2009

What Is Affiliate Marketing? An Affiliate Marketing Beginners’ Guide

 
 

Affiliate marketing seems to be everywhere at the moment. The moment you start to look into the idea of an online business or making money on the internet, you’re bombarded with affiliate marketing offers. Where has affiliate marketing come from, is it going to last, and just what is affiliate marketing anyway?

The phrase “affiliate marketing” is used to describe a marketing system which uses affiliates to make sales in exchange for a percentage of the profit made. For example: Acme Compuer Company want to sell more computers, so they offer Bob a cut of the profits on any sale that he brings to them. Acme sell more than they would have done without Bob, and Bob makes money without having to worry about customer service, stock, or handling the cash.

There’s a lot of money being made in affiliate marketing right now and although it seems to be all the rage at the moment, some affiliate marketers have been making small fortunes on the internet since the late ninties. Of course, the more people discover this money making opportunity, the more competitive it becomes – there’s still a lot of money to be made, but it’s not as easy as it used to be and if you want a pice of the action, you’ll need to know what you’re doing. Forunately, there are some excellent ways to learn.

Digital products are commonly affiliate marketed for several reasons. They take the form of download-able ebooks, video, audio or combined media courses, so they’re very easy to sell instantly online. Because they’re purely digital, they also have very large profit margins, meaning that the person who sells and distributes the product can offer much larger commission rates – 75% percent commission on the whole selling price isn’t unusual for digital products!

Many people who ask the question “What is affiliate marketing?” learn all about these digital products and networks such as Clickbank. Whilst these are great places to start and offer very profitable opportunities, you shouldn’t miss out on the possibilities that real-world products have to offer – these affiliate programs can be just as lucrative.

As I mentioned, affiliate marketing isn’t as easy as it used to be to get into and make money with. This is mainly down to the large amount of competition. However, it’s still easily within your reach – you just need to learn the right techniques and methods, and avoid the confusing (and often just plain incorrect) advice that plagues the internet. Learn the right ways to implement affiliate marketing and don’t become one of the many who try it, fail once, and give up forever.

There are tons of affiliate marketing courses available. Sadly, the majority of these will not help a total beginner to get started, as they’re either too advanced or – more commonly – not written by people who know what to do or how to teach. Because the internet and affiliate marketing industry is now making so much money, people are beginning to take advantage of those who are new to it. Please be careful when buying educational products for affiliate marketing.

What is affiliate marketing going to do for you? As with anything like this, that all depends on you, but affiliate marketing success can be very liberating, allowing you to build an internet based business, work from wherever you want to be, and enjoy more free time.

For some great beginners’ info about how to avoid the pitfalls of affiliate marketing, read Chris Denver’s Affiliate Marketing Journey (you’d pay a lot of money for some of the stuff that Chris gives away about half way down this page!). For even more on the subject, try What Is Affiliate Marketing?.

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