Affiliate marketing is the concept of selling someone else’s product and getting paid a commission of the sales price or a flat rate per referal, sort of like a car salesman.
What are the benefits of Affiliate Marketing?
If you are an affiliate marketer you do not need to provide support, guarantees or otherwise interact with the customer after they have purchased the product, you are simply making a sale, this means you can focus a lot more energy into writing a sales copy, split testing it and tweaking it until it is perfect.
You do not need to have the product in stock, as the developer or creator of that product takes care of all that, you are simply a sales person. The benefit for product owners is having affiliates promoting their product is a great and relatively inexpensive way to advertise, since they do not need to invest thousands of dollars into a strategy that does not work, the affiliates will do all the testing, promoting and “selling”.
The benefit for the affiliates themselves is that they do not need to invest any money into creating a product to sell, this is done for you and you have literally millions of products to choose from in all categories and niches.
How to find the perfect Affiliate Program for me?
Since my skills are more focused around software, web hosting and various services like that i tend to promote Shareware software and Web hosting services, since these are things that I would say i have the most experience and knowledge in I find it to be the perfect affiliate programs for me.
But maybe you are very knowledgeable in the weight-loss niche, in that case you would find a weight-loss ebook or weight-loss program to promote. The most usual way to promote a product is to go through an Affiliate Network, such as ClickBank, ShareASale or Comission Junction, this is like a big database of affiliate offers that you can choose to promote, the publishers will often provide you with affiliate material such as top performing keywords for PPC campaigns, Banners, text links and discount codes, which makes your job a little bit easier.
Note that I am a beginner in the affiliate marketing business myself, and have yet to see “huge” cash come in, it takes a bit of time before you start earning, especially if you start a website from scratch(like me).