Affiliate Marketing 101 - Explained In Detail
By Jason Bacot
Affiliate Marketing is a newer concept of the internet world today. Affiliate Marketing is a revenue venture between you, the website owner, and an online retailer of your choice. When you do this type of marketing all you have to basically due is place advertisements on your website that your visitors will click on. These advertisements will help the retailer that you choose, to either sell their product or promote it.
When your visitors click on these sites, you will earn a percentage of the total profit made. This profit can be anywhere from a penny to a few dollars. There are three different ways that you can use affiliate marketing as an income source.
1. Pay Per-Click
Each time a client clicks on an advertising link in your website, you will get a percentage of that click. This percentage as stated before can be anywhere from a penny to a few dollars. The commission that you receive really depends on the product that is being sold or promoted, or the total commission the advertising site made.
Pay per click is extremely popular among bloggers. They create their blogs along a certain topic then they find websites to advertise that goes along with their niche. The most popular place to locate these types of businesses to advertise on your blog is clickbank.
2. Pay Per Sale
Every time a sale is made, from the link on your site, on the website that you are advertising, you will receive cash. This cash can be a percentage or commission depending on the sale. This cash will be placed into your account or a check will be sent directly to your home address.
3. Pay Per Lead
When a visitor clicks on a link in your website and signs up on the merchant’’s site, a certain amount of money will be placed in your account. This amount is a sum that you and the merchant have agreed upon when you placed their business on your site.
These are all a great way for any web owner to make some extra cash. You can even earn money while you”re away from your computer. All you have to do is place a merchant site advertisement on your website and you are well on your way to making money online. You will not have to do any selling, but site promotion is a must. Just advertise the business then sit back and collect your cash.
Not only is affiliate marketing great for the website owner it’’s also great for the merchant that you”re advertising for. This gives the merchant a form of free advertising.
Another great advantage to the merchant is they will not have to do a lot of selling themselves either. The more websites a merchant places his add on the more business he will receive with little or no effort at all.
Although affiliate marketing has great advantages there are also some cons. One of the first cons is that the merchant still has to pay you a percentage for each sale you make for them; which means they are still spending some money on advertising. If you, the web owner, use unethical ways to promote the merchants business, you will not only look bad, but so will the merchant.
The cons on the web owners side is for one; you will need to do extensive research on the merchant that you choose. You need to make sure they are a legitimate business as well as being able to know something about the niche you are promoting.
Despite the cons, affiliate marketing is a great way for you as a web owner to earn some great cash.
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