Affiliate marketers promote the company in a positive light, and market the product, service, or opportunity the company is offering. For your efforts you receive a commission from the sales that are directly the result of your advertising or marketing.
Who Offers Affiliate Programs?
Larger companies offer affiliate programs, which is a much cheaper way for them to advertise and promote their business than if they were to hire a full-time salaried marketer. The affiliate program will be free to join, as well as materials, and tools being included. Once signed up to the affiliate program, you are given a unique identifying code, along with banners, ads, and other useful campaigning tools to start prompting the business.
Advertising Your Affiliate Program
Once you have your unique code, which is usually a website with numbers after it, you are ready to start promoting the program. You can do this in a number of ways, such as PPC(Pay Per Click) advertising in directories, writing articles for inclusion in article directories, blog about it, use social media and social bookmarking, or add the affiliate program to your website, and include links and/or banners. Ideally all of these methods should be used together for maximum effect.
How You Get Paid
The visitors who click on your personal link are tracked back to your unique code. This means that if they were to purchase a product or service you are promoting, you will receive a commission that can be anywhere from 10% to 50% of the total amount the customer has spent. Many companies have a cookie taker added to your unique code website, and what this does is track visitors who have clicked on/followed your link.
More Affiliate Income
Some affiliate programs also offer a tiered program, which means that if you refer another affiliate to the program through one of your links, you will be paid a commission, or receive a commission each time that they bring in a new customer who purchases a product or service. Tiered commissions can sometimes go as deep as 3 or more tiers, which means that any of the people that you refer, can go on to refer others, and they can refer even more affiliates, and you receive a commission each time they make a sale.
Affiliate Marketing Tips
Not all affiliate programs are created equally, so it is important to read the terms, and conditions of the program before you join/start promoting it.
To succeed as an affiliate marketer, you must be dedicated, work hard, be willing to learn and try new things, use/follow proven methods/models for success, and consistently do the right things over a long enough period of time, to see results.
“To fulfill your true potential, you have to leave your comfort zone. The trade off to leaving your comfort zone, is you have to deal with more “stuff”, than if you stayed inside of your comfort zone.” Michael “MJ The Terrible” Johnson – Founder & Owner – Masters of Money, LLC.
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