If you sell other people’s stuff on the internet without any purchase of the physical product or service, no order fulfilment, no liability and no stock holding then you are both considered an affiliate. They are an affiliate to you and you are an affiliate to them. This is one of the most effective ways of making money on the internet and was the real trigger for me to see how easy it could be to make a lot of money very easily. There is very little for you to do other than market your affiliates hence the naming of this emerging industry of Affiliate Marketing.
Affiliate marketing is where you, the website owner, sell products and services of companies you have decided to affiliate with (partner up in other words) in return for a commission.
The reason why this industry has exploded over the last 5 years is because the whole process can be automated. To become a reseller of someone’s goods or services in the past required an initial phone call, a few meetings, a draft contract and then a final contract agreeing the terms and conditions. This cost a lot of time and money in lost productivity and professional fees.
How It Works
This is the basics:
- You see a product or service on the web that you wish to sell. So you look for the link on the site that says “Affiliates”, “Affiliate Sign Up”, “Partner Program”, “Make Money With Us” or something like that and click on it.
- They will tell you what commission you can earn if you sell their stuff. If you like what they’re offering you can click further on to an Affiliate Sign Up Form where they will ask you the basics such as name, address etc plus also how you wish to get paid i.e. cheque, direct transfer, paypal etc. So you sign up.
- After sign up you are directed to a page which gives you your all important Affiliate Link”. This is a unique domain name which is related to you.
- You include this unique link on your website and when anyone clicks through your link, buy product from the company and then you will get the commission
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