What is Affiliate Marketing? How You Can Become an Affiliate Marketer and Make Money Fast
Submitted by: Rita Yeo
The global economy is all doom and gloom. No country is spared. First it is the United States of America, then followed by Europe. Nothing is certain and job security is a thing of the past. Many people have lost their jobs. So what are the alternatives to make money quickly?
A very popular choice nowadays is working online. This offers plenty of perks, since you are not restricted to a desk bound nine to five job. You can make tons of money just with a computer and internet connection. One way that you can quickly make money is through affiliate marketing.
To newbies who do not know how internet marketing and affiliate marketing works, the answer to your questions are here:
How does affiliate marketing work?
Affiliate marketing is one of the easiest and fastest way to make money online. The affiliate marketer is paid a commission for every successful referral sales, by the affiliate merchant. Basically you are the middleman between the buyer (your referrals) and the seller (the affiliate merchant).
The affiliate merchant can be a product owner, a manufacturer or a service provider. You can source for affiliate merchants on websites such as clickbank.com.
Since the affiliate marketer does not have to spend time developing his own products to sell, he can focus on marketing. But first, he will have to build a list of subscribers to promote to.
Once the affiliate marketer has a list, he promotes and endorses the affiliate products. The commission paid for sales can be as high as 75%.
What are the advantages of affiliate marketing:
One important advantage of affiliate marketing is that the start up costs is very low, since you do not have to spend money on product development. Your cashflow is also not tied up since you do not hold inventory.
Secondly, affiliate marketing allows you to make as much money as you wish. This is because you have to flexibility to choose what to promote, and as many affiliate products to promote as possible. You can choose to promote ten affiliate products that pays fifty dollars in commission for each sales done, or twenty affiliate products which pays thirty dollars in commission each. As long as you have a substantial number of quality subscribers, the sky is the limit where earnings are concerned.
How you can start making money now:
First of all, you have to set up your own website or blog to attract traffic. Market your website so that you can start building your own list.
Once you have a list, you can start looking for affiliate merchants for your niche. If your list is responsive, you will soon start getting your first paycheck online! It is that easy once you figure out how things work!
One five star tip I have for you is to link up with a proven internet marketing program so that your learning curve is shortened. Without the proper guidance, you may make many basic mistakes that new internet affiliate marketers make.
About the Author: Rita Yeo is a http://moneymakingwhiz.com and successful internet marketer. Her passion is to share with new internet online marketers, how to generate quick cash online and build residual income. Click here http://moneymakingwhiz.com to grab her FREE report
Source: www.isnare.com
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