What Is An Affiliate Marketing And How It Works?
The question most of marketers asking is: What Is An Affiliate Marketing And How It Works?
If not everyone, so most of the people know that Affiliate Marketing is one of the easiest ways to make money online. However, when we decide to “go for it”, we have to be prepared for “though times”.
Although the topic might seems a bit tricky, in real life it is not! To be honest, everyone who owns online business was mostly starting as an Affiliate Marketer.
Because it’s so easy to start up. It’s really easy to grow up very fast And it’s very easy to make money from it!
Not all of beginners really knows how actually affiliate marketing works though. Some people think they know where to start, what to do and where to go.
But, in reality, they don’t exactly know what they want to do or even as simple thing as where is the best place to go, to start up their journey! People very often made up their minds, start up to do something, and are waiting for rest of the time for money to fill their bank accounts.
In fact, they failed just on beginning (because they didn’t know what were they doing), they had enough because the results wasn’t the ones they would like to see.
But why did it happen to them? What have they done wrong? Why they didn’t continue? Well, I can’t give you an answer but I may suspect what has gone wrong.
They may didn’t realize that, like in every business, there is plenty of obstacles to be tackled down before we can be successful.
So, What Exactly An Affiliate Marketing Is?
To answer this question we must start from very beginning. In whole of the world there is a SUPPLIER and a CUSTOMER. However, between supplier and customer, there is such thing like THE PRODUCT.
Because each customer is different, therefore there is a need for different products. So, this is why there is a lot of suppliers with different type of products. Due to people’s demands, of course.
Some people are more likely to buy bikes (when they like biking), when others will buy fishing rods (if their hobby is fishing). Would you imagine that the only one company will produce fishing rodes, bikes, backpacks, etc? No! I can’t imagine that either.
Hence we’ve got multiple suppliers to fulfil multiple humans needs. So, all of theses suppliers are looking for someone who will help them sell or promote their products. These might be digital or physical products.
Due to the fact that companies are not able to sell own products in whole of the world, they are looking for an AFFILIATES.
And an AFFILIATE is the person who “helps” supplier to sell his/her product in different part of the world – depends on demand.
As result of that we’ve got business called AFFILIATE MARKETING.
To say it straight – by AFFILIATE MARKETING we calling process by which an affiliate will earn a commission every time he/her will successfully market another person’s or company’s products.
The only thing affiliate must do is simply search for a product, then promote it. And everytime when someone buys the product, the affiliate will make a commission.
In few simple words – AFFILIATE MARKETING is promoting other people’s products while we get commissions for successful promotions.
Supplier is willing to pay as little share of the product’s price as a reward for our effort!
How much would you be earning?
Although some companies pays little commissions for promoting their products, there is few of them, as well as AFFILIATE NETWORKS, who pays even up to 75% commissions.
Your earnings, however depends on many factors and you can’t consider just only one – how much commissions you will get from promotions. First of all – you can’t bond yourself to just one and the only company! There is no such rule like promoting products for one company.
You, as an affiliate marketer, can promote different products for different companies. Furthermore, you can promote few products for the same company, if they have such possibilities, tho.
Because of that many affiliate marketers are promoting few products in one time. Some of these products comes from one company, while some of it comes from few companies in one time.
For the reason that there is no such thing like “a limited amount” in affiliate marketing, you can earn as much as you can. You probably have heard people said “The sky is the limit”? I bet you did, who didn’t?
And this is very truth – as long as you’ll be promoting and you’ll be active on the market, there is no limits for you. However, if you decide to stop all your hard work may be gone!
Unless, you will find out what to do to get passive incomes! And at this moment you are thinking “Is there something like ‘passive incomes’ in affiliate marketing?”
How can I get monthly recurring incomes?
Another good thing about affiliate marketing is that you may have monthly incomes from products you have sold. It doesn’t really matter if it’s just only from one product or more.
Now on nowadays, probably on each affiliate network marketplace there are products with recurring monthly incomes. And that means you can have commissions every single month. Even more, you don’t need to sell same product again!
How is it possible? Because some products on markets are made on the base of monthly subscriptions. So, it means that whoever bought the product once, is obliged to pay monthly payments to its suppliers.
Probably the best example is different types of video courses or video training. And almost all weight-loss programs contains monthly subscriptions as well, so there is very big possibility and potential.
Finally, by saying all of that I’m sure that now you know What Is An Affiliate Marketing And How It Works?
Could say something more about it?
I possibly could but don’t think I have forgot about something.
However, if you still don’t know how you can use this little knowledge and put it into live, here is a video to show you step-by-step how to do it.
However, if after reading this post and watched the above video you will still struggle check how can i be successful with my online businessor want more explanations with What Is An Affiliate Marketing And How It Works don’t hesitate to contact me via CONTACT ME page and also through my Facebook.