Affiliate Programs: A Money Making Avenue for Bloggers
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The following are different definitions for Affiliate Marketing (affiliate program).
• This is a system of revenue sharing between one site (the affiliate merchant) which features an ad or content designed to drive traffic to another site (the advertiser). The affiliate will receive a fee based on the amount of traffic generated.
• Affiliate Marketing is the use by a Web site that sells products of other Web sites, called affiliates, to help market the products. Amazon.com, the bookseller, created the first large-scale affiliate programme and hundreds of other companies have since followed.
• A system of advertising in which site A agrees to feature buttons from site B, and site A gets a percentage of any sales generated for site B. It can also be applied to situations in which an advertiser may be looking for marketing information, rather than a cash sale. Popular among start-ups with very small marketing
In short here is the summary of what affiliate programs are and how they work?
Affiliate programs (also called Referral Programs or Partnership
Programs) are essentially commission-based income opportunities. With an affiliate program, you get paid for sending customers to other company’s websites. Affiliate programs are widely believed to be the easiest way to start making money online.
Affiliate programs can vary from website to website, but the main idea behind affiliate programs is that a website will pay you for sending them buying customers.
You send people to a website, if they buy something from that website you get a cut of the purchase.
You will usually be paid either a percentage of the sale or a flat rate.
Here is a random list of websites that have affiliate programs. The dollar amount shows how much one single person is earning every month with that affiliate programs.
- www.Satellites.com———- $163,000/mo
- www.Posters.com———— $5,000/mo
- www.Sitesell.com———— $10,000/mo
- www.1HideOut.com——— $3,000/week
- www.Marketingtips.com—- $8,000/mo
- www.Gen-fit.com———— $18,000/mo
- www.Pillstore.com———– $50,000/mo
- www.Keycode.com———- $5,000/mo
- www.Webdoctor.com——- $15,000/mo
You can visit these websites to see for yourself…
I could go on forever with these amazing figures.
Everywhere you look, people are making massive profits on the Internet. I’m showing you these figures in hopes that you will get excited about affiliate programs. If you can become successful in just one affiliate program, your life will change dramatically.
I personally am an affiliate with at least 20 different affiliate programs. Granted not all affiliate programs you join will be profitable, but if you can get just a few affiliate programs that are profitable, you can make a ton in profits. Can you imagine working with ten different affiliate programs that convert 2-5 sales a day?
If you were paid $15 for each sale, that would mean you could be making $900-$2,250 per month. Even if you had a bad month and only made one sale everyday for each affiliate, you would still be making over $500 per month. You may think all of this is outrageous, but trust me; there are tons of people out there just like you and I that are utilizing affiliate programs on the Internet and making huge profits from them.
Getting Rich from Affiliate Programs
Here’s how it works: When you sign up to become an affiliate
for a company, you receive a special link with your own unique affiliate
ID embedded into it to promote that company’s product(s).
Example:
AffiliateCompanyWebsite.com/YOUR-AFFILIATE-ID. Next, you simply add your new affiliate link to your website, newsletter or anywhere else. Then when people use your link to get to the other company’s website and subsequently buy a product from them, YOU earn a commission.
You benefit from the commission earned and the affiliate company benefits from sales it would NOT have otherwise made without your promotional efforts. For example, if you’ve ever gone to a website and seen links to Amazon, those were affiliate links. If you click those links and end up buying the product on the next page, the webmaster whose website you originated at will earn a commission from Amazon.
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