What Is Affiliate Marketing
Affiliate Marketing is the ability to sell someone else’s products or service on your own website using a link to their online store.
When a person clicks on your link it takes them to where the product is being sold, and if that customer purchases the product or any other product, you receive a commission.
What makes this type of business very attractive for retirees is the fact that you do not have to have your own products or service. You simply choose a product (or service) that you would like to promote, and then become an affiliate with the company selling that product. They take care of the purchase, the shipping and everything else, and you make a commission just for referring that customer to them.
Why Do Companies Use Affiliate Marketers
Generally speaking, merchants seek to advertise their products in a variety of ways. The more ways they use to advertise, the more money they make. It therefore makes economic sense to them to have others advertise for them. The more people who advertise products, the more money the merchant makes. For your part in bringing them customers, these merchants pay you a commission. The amount of the commission depends on the merchant. Each merchant has a different structure for their affiliates.
The Benefits of Being an Affiliate
The greatest benefit of becoming an Affiliate Marketer is that once you have got your site set up, it runs on auto pilot which means that you can get sales and make money while you are asleep, or doing other the things you like. I like this best of all.
In addition to that, affiliate marketing offers an individual the ability to start a business with low or no start-up cost. For the most part it is free to join the program you select, and there is no obligation to stay if you don’t make money. With regards to products, there is no inventory needed, and therefore no shipping required on your part. The merchant takes care of all of that for you. All you do is point customers to them.
Best of all the entire world is your market. You work from home in comfort, but yet
you “speak” to millions of potential customers all over the world. You don’t have to hire employees, pay for marketing or deal with customer problems.
The Choice Is Yours
There is no limit to the types of products you can sell, and there is no risk to you. Anything you love with a passion can be the product (or service) you promote. You can even choose to market more than one product. It’s entirely up to you!
Feel free to explore your options by joining Wealthy Affiliate and finding your niche. “Niche” means that particular corner of the market you want to target. It begins with something you like, or an activity you like to do. Once you have located your niche, you can join an affiliate program which supports your niche.
Happy Exploring!! Click on the ‘Comments’ link below to connect with me.