Affiliate marketing is the revenue sharing between
online advertisers (and merchants) and online
salespeople. Compensation and pay is based on
performance measures, normally in the form of clicks,
sales, and registrations.
The advertisers and merchants are normally referred
to as affiliate merchants, and publishers or sales
people are known as affiliates.
The many benefits of affiliate marketing include
the potential for making lots of money. You can
automate a lot of the advertising process and
receive payment only for desired results, which
includes sales, registrations, and clicks.
Even though most merchants will assume some level
of risk with fraud, there is still a level of risk
involved. Once you know what you're doing with
affiliate marketing, you'll be on top well before
you know it.
Affiliate marketing has been a contributor to the
rise of many companies online, including Amazon.com.
Amazon.com was one of the first adopters of affiliate
marketing, and now has thousands of affiliate
relationships.
When it comes to making money, affiliate marketing
is in a league of it's own. You don't have to
worry about bosses breathing down your neck, and
you are in control of everything you do with
your company and your website.
Affiliate marketing also gives you the chance to
stand behind products you know and love, be
offering links and banners to them on your personal
website. You'll receive money for each product
purchased that you represent, which is reason
enough to participate.
If you've been looking for extra money, affiliate
marketing is the way to go. You can stick with
one merchant or go with as many as you need for
your business.
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