This article really breaks things down for you in a way that you can
understand. This will be especially motivating for you if you want to get into
affiliate marketing. It is a very lucrative world. You can do affiliate
marketing yourself and you can run your business. You need to make out this
market. Our article will be very useful for your affiliate marketing
information.
Let us know by example how the
affiliate market works : The first thing you want to understand about
affiliate marketing is what it is, its commission-based marketing. It is
selling products on a commission only basis online. Now, it is very similar to door-to-door
salesmen or sales people selling used cars or telemarketers. Basically, these
are people that are calling you on the phone or that are going door-to-door.
They are selling the Encyclopedia Britannica a hundred years ago.
Now, these sales people would say, you could buy the Encyclopedia
Britannica for your family. It is 100 bucks; and if they sold the Encyclopedia
Britannica to you, ₹ 100 went to the company and you know may be they pocketed ₹50
or something like that. Whatever it was.
The company kept some money. Customer paid the money to make that happen. Same thing with selling cars, if you buy a car from a salesman on a lot for a hundred thousand rupees, may be ₹100000 of that is going to the cars lot and ₹20000 of that is going to the sales person and you know it came from the customer.
The company kept some money. Customer paid the money to make that happen. Same thing with selling cars, if you buy a car from a salesman on a lot for a hundred thousand rupees, may be ₹100000 of that is going to the cars lot and ₹20000 of that is going to the sales person and you know it came from the customer.
At this time, in affiliate marketing, it's very similar. It's almost the
exact same thing. You have company, you have a customer and you have an
affiliate. Now, the company gives the product to the customer and the customer gives
the money to the company.
The affiliate’s job is to connect the company with the customer. And in return, the company pays the affiliates some money and the affiliate connects the customer with the company, so, it is a big triangle. You know it's a pyramid scheme. It is a pyramid. You know, it's not a pyramid. They could turn it and it's different. It's just basic commerce, it is direct response sales.
The affiliate’s job is to connect the company with the customer. And in return, the company pays the affiliates some money and the affiliate connects the customer with the company, so, it is a big triangle. You know it's a pyramid scheme. It is a pyramid. You know, it's not a pyramid. They could turn it and it's different. It's just basic commerce, it is direct response sales.
Now, what we call it in affiliate marketing is there are a company has
offers. That's what we call the products that they sell. So for instance, let's
say going back to the Encyclopedia Britannica example. The company that sold Encyclopedia
Britannica's might have other things that the sales person could sell the
person. They might have Encyclopedia Britannicas.
They might also be selling of tutoring services to help people's children learn English or learn history. So, you know like an actual service to help people, you know, learn more. A company can have multiple offers. They can have multiple products that they offer Commission's on. Now, generally speaking, there are tens of thousands if not millions of companies that have affiliate programs.
It gets very complicated to find all of the different affiliate programs that somebody might want to market. So, the way it works is we have what's called affiliate networks. So, what is often the case is an affiliate is working with an affiliate network.
They might also be selling of tutoring services to help people's children learn English or learn history. So, you know like an actual service to help people, you know, learn more. A company can have multiple offers. They can have multiple products that they offer Commission's on. Now, generally speaking, there are tens of thousands if not millions of companies that have affiliate programs.
It gets very complicated to find all of the different affiliate programs that somebody might want to market. So, the way it works is we have what's called affiliate networks. So, what is often the case is an affiliate is working with an affiliate network.
Affiliate Companies : At present, an example of affiliate network
is Clickbank, Share a Sale, Advantage Commission Junction. Amazon is an
affiliate Network. Wall mart has an affiliate Network. E Bay has an affiliate
Network. Target has an affiliate network. With lots of different products from different
sellers that you can earn a commission on. So, an affiliate might login to
let's say Amazon.
Amazon's Affiliate Network and they can find any product that they
want to market all in one place. They can choose a lot of different ideas of
products to market. How you connect people with the companies. Now when a
customer buys a product from one of the companies that you recommended. Let's
say they bought a product on Amazon that you recommended.
They bought this book. What the affiliate network will do is they will pay you the money. So, the customer pays the affiliate network. Let's say 200 Rs. The affiliate network will pay you 75 to 80 Rs. So, they get money and you get some of it. You get. That's your commission for making that connection.
They bought this book. What the affiliate network will do is they will pay you the money. So, the customer pays the affiliate network. Let's say 200 Rs. The affiliate network will pay you 75 to 80 Rs. So, they get money and you get some of it. You get. That's your commission for making that connection.
Lets us know by another example:
of affiliate marketing companies to make it really dead easy in your mind are
let's say Expedia.com. If you have ever booked a flight online and you have
used Expedia Priceline Orbitz orany of the other companies that you can book
flights through. All of these companies are affiliate marketing companies.
Expedia.com does not own any airplanes.
They don't own any flight patterns. Expedia is an affiliate. You go to Expedia.com and you buy from one of the airlines. You are paying United or American Airlines some money. And form a king that connection for Expedia.com making that connection, they are getting a commission for connecting you with that flight.
They don't own any flight patterns. Expedia is an affiliate. You go to Expedia.com and you buy from one of the airlines. You are paying United or American Airlines some money. And form a king that connection for Expedia.com making that connection, they are getting a commission for connecting you with that flight.
To use some more examples.
It is the same logic with Airbnb or Uber. These are affiliate marketing
companies. Airbnb does not own any hotels. Uber does not own any cars. What
they are doing is they're simply connecting you with somebody who is willing to
rent out their place or they're connecting you with somebody who is willing to
drive you some place. And Uber or Airbnb is making a little commission on
making that connection. Again, they don't own any inventory. They are simply
making that connection.
You can be an affiliate marketer. And all you need is a link to make that connection. And you can earn a bit of commission if somebody uses your service. Now, Uber does not earn any money if you don't get a ride anywhere. That makes sense, right? If you just install the app, Uber doesn't make any money. Uber only makes money if you hire a driver to drive you somewhere. So that's what affiliate marketing is in a nutshell.
You can be an affiliate marketer. And all you need is a link to make that connection. And you can earn a bit of commission if somebody uses your service. Now, Uber does not earn any money if you don't get a ride anywhere. That makes sense, right? If you just install the app, Uber doesn't make any money. Uber only makes money if you hire a driver to drive you somewhere. So that's what affiliate marketing is in a nutshell.
Now, Hope that explains things. It's a bit of a complicated world but it's
really easy when it comes down to it. You're just making connections and you're
getting commissions for helping make those purchase connections. Just like
Airbnb, just like Uber just like hotels.com or cars.com or any of these other companies.
Expedia. It's a very simple industry. Now, if you're looking to learn more
about affiliate marketing, that's what my business is.
I earn money from doing it and I have a lot of friends all over the world doing it is the easiest business to get started in there quires no technical skills, no inventory and allows you to live a life of freedom of location of time.
I earn money from doing it and I have a lot of friends all over the world doing it is the easiest business to get started in there quires no technical skills, no inventory and allows you to live a life of freedom of location of time.
If you want more information
about affiliate marketing then wait for my next informative blog about namely “Learn Affiliate Marketing and Earn
Millions” or you can buy any of the books below at a cheaper price to get more
information.
Good prospect for earning
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