Affiliate marketing is one of the first things people who want to start making money online, hear about. There are ads all over the internet about affiliate marketing, telling us how people are making mind blowing amounts of money with affiliate marketing. So, what exactly is affiliate marketing? How can you make money as an affiliate marketer?
How was affiliate marketing born?
To begin, lets see how affiliate marketing came about. Affiliate marketing was born about 4 years after the birth of the World Wide Web in November 1994, and believe it or not, the ?Cyber erotica? is credited for being the first or one of the first affiliate marketing innovators, which used a CPC (cost per click) program. Of course in the early days of its birth, affiliate marketing wasn?t taken seriously. But, as time went on and investor and business owner discovered the huge potentials in affiliate marketing, it became another cyber space based phenomenal. How is $2.1 billion in affiliate marketing fees paid to blog and website owners in 2008 for a phenomenal. The thing that makes affiliate marketing very desirable, is the low investment it requires, and the huge profit potential it provides.
How does affiliate marketing works?
For those who haven?t gotten their head around affiliate marketing programs yet, its very simple, in fact you may even know how it works, but with a different name like, reseller programs, revenue-sharing programs, referral programs and even bounty programs. Affiliate marketing stands on three legs, seller/brand, affiliate/middle man and the customer/buyer. I have a product/service that i need to sell. You use your website, blog or whatever else way to promote my product/service, and send buyers my way. Every time someone who you send to me byus a product or service from me, you get a pre agreed upon percentage of the revenue earned from sales to that customer.
5 Steps for making money affiliate marketing
Of course like any other business, you need to put some effort and hard work into it, as well as taking the steps necessary to succeed and make money with affiliate marketing. You can make money with affiliate marketing without a website/blog, but you might not have as much success as you might have using your website/blog to pull in potential customers. Either way, here are some important steps you need to take, in order to make money with affiliate marketing.
Satrap -
About the Author:
Satrap is the founder and author of controversial blog, blogstash.com. A blog full of great how-tos and information about easy ways to make money online.
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