The best possible way to get started with affiliate marketing is joining an affiliate network. A good affiliate network gives you quick access to corporate affiliate programs.
What is affiliate marketing?
Simply, affiliate marketing means selling other’s products and getting a percentage on sales or a predetermined amount. Yeah, like you refer a friend to a store you feel good about.
But here there is a difference. The store pays you as a thank you note for having referred a new paying customer to them. These affiliate model comes with the following advantages
- The whole world becomes your potential market
- There is no limit on how much you can earn, the only limiting factor is your work.
- Since your website is open 24 hours a day, you can make money even when you are sleeping or doing something completely different.
- If you have optimized and configured everything perfectly, this model works without maintenance issues
- You don’t have to bear extra costs for premises or inventory
- It costs no money to start, affiliate marketing therefore involves no financial risk
Affiliate networking is the way forward
Fortunately, you don’t have to go out and ask each web store / organization if they have an affiliate program. There are affiliate networks available through which organizations can use your website as a shop and reach wider audience and you can augment your content providing useful references.
To become an affiliate partner you have to create an account with one of the many good affiliate networks. Once you have done this, you can access list of all the registered web stores. You can then search for specific services / products and see exactly how much each web store is ready to offer you to refer a customer to them.
The advantage of join an affiliate network is that the network is responsible for collecting the payment from these web stores/ organizations. It is also through the affiliate network you get the HTML code that tracks referrals from your side to the web store.
Do affiliate networks pay money to you?
Yes, that’s the whole point. You choose one of the well-established affiliate networks and become their affiliate partner and the commission will be paid to you on a monthly basis. OnlineCmag has also become an affiliate member in Viglinks, Amazon, Flipkart and is receiving payments on time.
In majority of affiliate networks you can enter your bank account number and automatically get your earnings transferred to it. This is also true for the above networks. All this is payment you receive is for signing up on these networks and referring customers to these stores.
Like mentioned, affiliate marketing is the best way to earn money with your website. It may seem skeptical, if you are reading about this for the first time but the affiliate model is real and this is how many of the top websites make money.
Why are all websites not successful and rich with affiliate marketing?
There are so many factors that come into play while creating a successful website. First of all, there are no means of attracting and retaining visitors without a proper website. In other words, you have to build a website that your visitors love. Subsequently, you must provide visitors the confidence to rely on your recommendations.
A typical affiliate campaign runs this way:
- A visitor arrives directly to an article on your website via relevant keywords from Google.
- The visitors read good articles about some products you use and are happy to recommend to them.
- In the article, there is a link to a good web store where visitors can buy the product if they are interested to.
- The link you have added to your site contains an ID code that tells the web store that the visitor is referred from your site.
- If the visitor chooses to purchase the product in this web store you will be paid a commission of total sales or a fixed amount.
There could me many reasons why a website is failing inspite of models like the affiliate marketing. But to succeed there are certain rules to adhered to at all means.