There are lots of different
descriptions for Affiliate Marketing. To a certain degree the meaning is identical. A Merchant offers a product or
services a affiliate marketeer will promote the product or service and will make extra money for his
efforts.
Brief History about Affiliate
Markteting
Earning commsion for creating a
sales or a sales lead has been around since products are produced and sold. Before the time of the internet or any
electronic media independent sales people went from door to door and promoted products and earned a a commission
for their efforts.
CDNOW launched its BuyWeb program in 1994. This was one of the
first companies which introduced an affiliate program. CDNOW used the internet to promote music and offered music
media for sale.
Amazon. started an associate program in mid 1996. Affiliates or
associates where allowed to have a banner or a text link on a website which provided a backlink to amazon. The
Amazon model has been replicated and refined since then.
In 1997 Amazon applied for a patent
on the basic elements of an affiliate program. Since then Affilate Marketing is grown significantly. It is reported
about 10 years later the UK alone had an Affilaite Sales Turnover of £2.16
billionMarketingSherpa's
research team has estimated worldwide affillate martketing has produced revenue in the order of US$6.5
billion. Affiliate Marketing is mainly used in retail, personal finance, gambling, travel, telecom,
education, publishing.
Extra money earned will be based on a specific action and can be measured in 3
categories:
Pay per Click
Pay per Lead
Pay per Sale
Eighty percent of all affiliate programs use a Pay per Sale model. 19 percent us a Pay per Lead model the
reminder is used for pay per click.
Pay per clicks pays for visiting
the merchants website
Pay per lead pays for joining the
merchant website
Pay per sale pays for purchasing a
merchants product
Pay Per
Click action is normally not categorised under Affiliate Marketing because the commission is very
little.
Affiliate Marketing is a cost effective way to earn extra money for
your Home Based Business.
The advantages are:
No Need for Stock
No involvement in the Sales
Process
No customer Support
No Product Development
Little Overheads
But do your research otherwise it will take a long time
before you earn extra money.
To become an affiliate is easy:
Join one of the thousands of programs and networks and get started.
Your extra money earning capacity can be over $1,000 per day.
To get started select a product you know something about.
Why, because you have to learn how to build a website, do keyword research,
understand google page ranking, learn search engine optimisation and so on .....
How to get more nformation?
Sign up and start the introductory Mad Marketing Course
Our specialised Affiliate Marketing
Blog and Information Site will provide you with detailed information
Our Free
Membership Site will give you access to in depth articles about opportunities to make money on the
internet
Worried about your privacy?
Your contact information will be handled with the strictest confidence, and will never be sold or
shared with third parties. (Refer our Privacy Policy)
You will also have to learn the art of Copywriting. Why? Copywriting
is used to craft your website text, Article Marketing, your email Marketing Campaigns and so on. Before you
get to worried there are good tools and tutorial availble which will help you to get started.
Onceyou have an understanding
on how to write Articles it is time to think about how to and where to
markt your Articels. One Good place to Market your Articles is the Directory of Ezines.
Watch the Video below to learn how to market your Articles through
Ezines.
Want to see more training videos join our
Membership Site for Free.
Worried about your privacy?
Your contact information will be handled with the strictest confidence, and will never be sold or
shared with third parties. (Refer our Privacy Policy)
Our privacy policy keeps your email safe and secure. We will never
sell, rent, give, or divulge your email information to ANYONE. You will also get
additional messages on marketing, how-to,
and other great ideas and special offers!
All
material contained herein is owned and protected by copyright laws and sole proprietary
rights.Any attempts to replicate or distribute any data from this website
without the express written consent from Internet Opportunity Business Review shall be subject to prosecution.
Copyright (c) 2010 - All Right Reserved -
Internet-Opportunity-Business-Review.com
Twitter
Digg
Stumbleupon
Yahoo My Web
Facebook
