Make Money with Affiliate Program
This article is intended to teach you step by step
how to get started and more importantly, make money using affiliate marketing.
We will teach you how to start a home based affiliate business.
What is affiliate
marketing? "Affiliate
Marketing"
is a popular method of promoting web businesses in which you (the affiliate) are
rewarded for every visitor, subscriber and/or customer provided through your
efforts, much like the practice of paying finder's-fees for the introduction of
new clients to a business. Compensation may be made based on a certain value for
each visit (Pay per click), registrant (Pay per lead), or a commission for each
customer or sale (Pay per Sale), or any combination of the three.
Affiliate Marketing is one of the best ways to make money online
because there is little to no scamming or fraud. In fact, many home based affiliate business owners rely on affiliate
marketing for their entire income.
First, let's take a look at the overall concept of
Affiliate Marketing. The process starts when a company has a successful product
to offer. The company will build a web site and offer that product to the
consumer (or internet user). The next hurdle the company has to overcome is
getting web traffic to their site. After all, they can have a kick-butt product
but if nobody knows about it, they won't make a dime.
This is where you, the affiliate marketer comes into play. As an affiliate you will
have or build a web site that generates traffic and then "refer" part of that
traffic to a partner company. The program works well for both the company
selling the product and the affiliate because both parties make money in the
process and each helps the other become more successful.
For the purpose of this article and the goal of assisting
you to make money with Affiliate Programs,
we will only be looking at the Cost Per Lead (C.P.L.) commission structure. A
C.P.L. program is advantageous because you simply need to convince your traffic
to provide their information to your partner company..
Cost Per Lead:
A cost per lead affiliate program will pay for each
person or "lead" that is referred to your partner's web site. A Lead is any
personal information that a visitor submits to a company for the purpose of
allowing the company to solicit their product or services.
Here is a rough example: Let's say that a company
offering a "make money with affiliate marketing ebook" makes an average of
$40.00 profit from each sale made on their web site. They know, based off of web
site statistics and sales, that one in four customers will buy their product or
"convert" as it is commonly referred to. They can then offer an affiliate a certain amount of money (we will use
$16.00 for our example) for each person they refer to their web site that
generates a lead.
So, if an affiliate gets 100 people each month to click
on an ad and fill in their information on the company's web site they would make
$1600.00. The company would have made $4,000 from the referrals and it will have
only cost them the $1600.00. Again, both the company and the affiliate succeed
in with this method because the company has extra sales it would not have had
without the home based affiliate business
and the affiliate gets paid for a product they do not manage or
own.
Now, I don't know about you but as for myself, I don't
mind having an extra $1600.00 each month from a website that maintains itself.
Now, imagine having 10 web sites that all do the same thing for different
affiliate programs.
Can anyone make money as an affiliate? Well, yes all you
really need is determination and dedication. Use our building a web site guides
and start making money with affiliate
programs today.
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