Affiliate Marketing: How You
Make Money
What Is Affiliate Marketing?
Report By:
Classroom 2- Anik Singal
(CEO and Founder
Of Affiliate Classroom)
Before you can make your first
profits by writing articles, you need to understand exactly how you make money
with affiliate marketing. So let’s start by covering the following:
What is affiliate marketing?
What is an “affiliate”?
How you make money
What is an “affiliate program”?
Signing up for an affiliate
program
What is an “affiliate link”?
Compensation: How do you get paid?
Two types of commissions
Payment terms
Cookies
Yes, I know that for some of
you, this is very beginner-level material. No worries; we’ll get into more
advanced strategies that you’ve never heard about! But just stay with us for a
minute, as we go through this material for beginner-level students...
This is Affiliate Marketing…
Affiliate marketing is a way of
making money on the Internet. The basic concept has been around a long time —
paying someone only when they produce results.
In affiliate marketing, you are
paid when you send sales or leads to a merchant who sells goods and services on
the Internet.
Affiliate marketing is big
business. It is responsible for an estimated $14 billion in annual online sales
(source: Marketing Sherpa).
When you hear people talk
about “pay-for-performance” marketing, they’re talking about affiliate
marketing. As an affiliate, you are paid a fee — usually a commission
— for helping sell somebody else’s products or services online.
What is an “Affiliate”?
People
who make money by sending paying customers to online merchants are called
“affiliates.”
Sometimes they’re also called “associates,”
“program partners,” or “publishers,” but “affiliate” is the most commonly used
term.
How You Make Money!
Have you ever worked on a commission-only basis?
Affiliate marketing is a lot like that.
When
you make a sale, the merchant pays you a percentage of the sale. Of course, if
you don’t make a sale, you don’t get paid.
If you’ve ever bought an information product
online, such as an ebook or a downloadable report, it’s a good bet that an
affiliate made a commission on your purchase.
A vast majority of the ebooks you see for sale
online are offered through ClickBank. What is ClickBank? I’ll cover this in
greater detail later, but ClickBank is an affiliate “network” that specializes
in downloadable products like ebooks and software.
In this report I’m going to focus on ClickBank
products a lot, simply because I’ve found through testing that they work
beautifully with article marketing.
Some
affiliate merchants pay you when you send them qualified leads. These merchants
promote “offers” through CPA (Cost Per Action) Networks.
Ever get an email offer for a “Free $100 Gift
Card” from a big box store like Home Depot or Wal-Mart? That was a CPA offer,
sent to you by an affiliate. If you decided to take advantage of the offer and
filled out an online form — with your name and zip code for example — the
affiliate got paid.
Just like ebooks sold through ClickBank, my
testing shows that CPA offers work extremely well with article marketing. Later
I will devote a whole section of this report to how you can promote CPA offers
with articles.
What is an “Affiliate Program”?
When
you sign up for a merchant’s “affiliate program,” it means you are signing up
to be a member of the merchant’s online sales force.
PDF 96 Page Report Here !
Basically a merchant starts an affiliate program
so they can get as many people as possible promoting their product online. The
merchant is willing to give you a cut of the sale — from a few percentage
points to as much as 90% — as a commission.
The commission compensates you for the time and
money you spend advertising and promoting the merchant’s products on the web.
This works out for the merchant, too, because you get paid only if you generate
sales or leads. If you don’t get results, you don’t get paid!
Some other terms you’ll see for “affiliate
programs” are “associate programs,” “bounty programs,” “referrer programs,”
“partner programs,” or “revenue sharing programs.” They all basically mean the
same thing.
Signing Up for an Affiliate Program
Signing up for an affiliate program is usually
pretty simple. You’ll need to fill out an application, which will include your
name (or your business entity name), address, and telephone number, and an
address to where the program can send your checks (some programs even offer
direct deposit). In the USA you’ll also be required to provide a Social
Security number or an EIN. (Yes, you have to pay income tax on your earnings,
just like any other independent contractor.)
One
of the smartest things you can do is sign up with a third-party affiliate
network — ClickBank is definitely one of the most popular — that provides a lot
of different merchants with support for their affiliate program.
For example, ClickBank issues affiliate IDs and
affiliate links, plus link tracking and payment services, for thousands of
merchants. Third-party firms like ClickBank get paid for all these services by
the merchant — so it’s free for you, the affiliate, to join.
A service like ClickBank also represents many
different merchants, which is a big advantage for you. Instead of searching for
all kinds of products, from many different merchants, in all kinds of niches,
one by one (tedious)…you can quickly access multiple programs in a fraction of
the time with one ID.
Also, a service like ClickBank issues you one
check — twice a month — combining commissions for all the different ClickBank
products you promote. For example, if you sell products from 12 different ClickBank
merchants, ClickBank combines all those separate commissions into one large
check every other week. This really simplifies your banking and bookkeeping.
Later in this report I’ll show you how to sign
up for ClickBank, and the exact steps I use to search in ClickBank for the best
products for article marketing.
Now that you know what affiliate marketing is,
you might be wondering exactly HOW you send business to a merchant. You do it
through your “affiliate link.”
PDF 96 Page Report Here !
Written by Baka Bakarito from AffiliateClassroomcom.com
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