Can You Make Money With Affiliate Marketing?
Affiliate marketing is when a company or business pays another entity to refer customers to them usually through a website. Think of it as good old fashioned word of mouth referrals but you get paid a commission.
Affiliate marketing used to be a secondary stream of income for many internet marketers but now has become a primary income source for many successful entrepreneurs. Affiliate marketing utilizes traditional methods like email, organic search engine and display advertising. The other popular non-traditional methods include product review articles and videos.
Affiliate Marketing Links
Some common ways to do affiliate marketing are by referring one website to another using affiliate links and also using a squeeze page or sales funnel. This will capture a visitor’s information and attempt to sell a product or multiple products through either the initial visit or future communications.
In July 1996 Amazon launched its associate program that would allow website owners to place banners or links on their webpages. These links could be used to purchase a book or direct the person to the Amazon website while being linked to the affiliate marketing associates account. This process would pay a commission for all sales from this visit. Amazon was not the first company to offer affiliate marketing commissions but their success set the stage for many other companies to adopt an affiliate marketing program.
Many internet marketers have found ways to incorporate affiliate marketing by placing ads on their blogs. They can advertise the tools that help them succeed as network marketers and actually show the benefits that contribute to their business.
Affiliate Marketing to Fund Your Business
Training programs, web hosting companies, auto responders and marketing systems are just a few of the affiliate marketing opportunities that are available to make money in your business. Some offer a onetime commission while others offer an ongoing residual income that will last as long as the subscriber utilizes the product. This is a great way to fund your marketing expenses while you are building your network marketing business.
Many network marketers will only promote products that they use or have used in the past, this will add to the credibility of the product and the seller. In my personal opinion it looks very tacky to have a ton of affiliate links all over your site if you are looking to brand yourself as an internet marketer. A few well placed links are much more effective and professional looking.
Are you interested in more information about affiliate marketing programs and how it can benefit you in your mlm business? Visit my mlm blog for free useful information and tips on how to generate leads in your business and leave your information to the right. Please leave a comment below if you liked my affiliate marketing post.