THE SHOCKING TRUTH ABOUT AFFILIATE MARKETING
You find yourself stuck in the house, could be because you are a stay at home mum or you lost your job. A brief search online tells you about different home online businesses that have been successful. A further search shows affiliate marketing is one of such businesses. You get excited and think about all the endless possibilities. Your excitement stems from the fact that compared to other businesses, it’s easier to start, with minimal or no investment. You have every reason to be excited about this opportunity that the advantages of the internet bring.
What is affiliate marketing? what is its history? Affiliate marketing originated in 1996 but others say affiliate marketing was long in existence before Amazon made it popular in 1996.
Affiliate marketing in simple terms is selling a product for someone and getting a commission for it. The sale is made when someone clicks on the product’s link and goes to the site buy the product. You are then paid a commission for the sale. Sounds easy, right? it’s not that simple.
You can get into affiliate marketing whether you have a website or not but I would recommend having your own website to promote the products.
Now you see why many people get excited. it’s got a lot of advantages over other types of online businesses.
You can get into it whether you have a website or not. Unlike other offline businesses where you need to rent premises and a lot of other overhead costs, affiliate marketing offers you the opportunity to start a business with almost nothing, but like I said getting your own website makes things easier.
A website is just the beginning because you need people to come to your website where they will see these affiliate links. Does seeing them mean passive income for you? A big no, because they need to click on these links and buy before you get paid.
Now I feel your excitement ebbing away but slow down. Nothing good comes easy, right? Affiliate marketing will not work for you if you think getting a website and putting links on it would fetch you an income.
There are three types of affiliate marketing. Earlier on, I mentioned that you need to make a sale before getting paid. This is only one method. There are companies that pay per lead. Let’s say, someone, clicks on their link and subscribes or signs up, you still get paid. The last one is paid per click. You get paid when someone just clicks on that affiliate link without making a purchase.
The other two sounds easier than when someone needs to make a purchase before you get paid. The problem with those two is that they are not profitable. Affiliate marketing is a lot of hard work. Promote a product you use, this comes with a lot of passion because you know what you are talking about. You have your website’s reputation on the line if the product you are promoting turns out to be inferior. Affiliate marketing merchants pay an attractive percentage if they get a sale through your website.
You also need a website with a content that is related to the product you are marketing on your site.
Affiliate marketing is a big online business. The possibilities are endless. You can work anywhere in the world provided you have access to the internet and the only qualification required is the ability to market.
Before you get into affiliate marketing, you need to have a plan or strategy. Work on getting prospective customers to your site and convincing them why they need the product you are promoting. If this sounds like you, what are you waiting for? The sky is only the beginning.