If you’re new to the online business world, then you may have heard about affiliate marketing but not known what it is. Some people say you can’t make any money by being an affiliate, but some people think it’s the best way. So let’s demystify it.
Remember that there are a ton of ways to sell products online and make money. The easiest way is to sell something that’s easy to ship. You can make money selling and shipping fresh meat or fish, but is that the easiest way to go? That could be a nightmare. How about shipping books? That’s a lot easier, so let’s start there.
Let’s say you don’t have a lot of money to start an online business, but you want a fairly quick income. You could decide to sell books online, and sit down to write one. Well, that might take awhile. Or, you could sell someone else’s books and make a commission for each one you sell. Much faster!
Amazon does this. IfI enter into an affiliate agreement with Amazon, I can post a review for a book I like on my website. I put a “buy now” button on my website with something called an “affiliate link” embedded into it. Anyone who clicks on my “buy now” button gets routed to Amazon, where they buy the book. My link automatically flagged Amazon and told them that the sale was generated by me. So, congratulations, I get a commission.
Interestingly, the price is the same to the person who buys the book, whether they buy it from me or from Amazon. Amazon just gives up a little of their profit and throws it my way for finding a new customer. This is an easy way to make profits, but very small ones!
Here’s the juicy part. Let’s say I enter into an affiliate agreement with someone who sells products that cost $2200, $5500, and $15,000. Wow! wouldn’t it be nice to make a commission on something like that? Continue Reading
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