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About Online Earning And Lifestyle

About Online Earning And Lifestyle

Wednesday, May 11, 2011

What Is Affiliate Marketing?

If you may have wondered as a freelance self employed professional on how to go about with affiliate marketing, then this post is for you. If you do a quick search on the net you will find a plethora of affiliate marketing avenues. There are lots of scams going on. Though some search results would lead you to genuine sites where you could earn.

As an Affiliate the rewards that you could earn are:
  • Variable price: This would be based on percentage of sales done.
  • Faxed price: If you sell a particular amount worth of goods then you get an x amount. The fixed price could also be that if you manage to bring a particular quantity of traffic your employer's site then you receive an x amount.
  •  Other rewards: You could be given discounts, gifts or sweepstakes.
Either there would a combination of the above or individual basis. This is pre-decided and you would know of the same beforehand. Read very carefully what is mentioned and if it suits you then go in for the same.

What exactly is Affiliate marketing?:
This is a practice in which you get rewarded by the company or business house for your achievement of the pre-decided goals. You as their down-line will be called as an Affiliate. Affiliate marketing has been in existence since over a decade. It initially started offline. With the advent of internet the same Affiliate marketing is practiced online. In an Affiliate marketing scenario the topmost party is the company or the business house. They plan as to what reward structure will be extended to their Affiliates. The down-line such as you could be made of either multiple people or it could be a flat system. In
multiple level, the system could be made of people where each person who is the down-line could on their own recruit other people who then become that person's down-line. This is also known as chain marketing or multilevel marketing [MLM].

What is next after you join an Affiliate?
After you are recruited you need to start promoting your Affiliate link. This could be done by placing an Affiliate banner onto your blog or site. You need to write articles and point people towards your link. You would want to write a post on your blog. A typical way which should not be done daily is to comment and share knowledge in forums and as comments onto other blogs. Please do not start spamming. You may tun people against you and there could be negative image of yours getting formed on the internet. This is a good read:  How To Earn From Your Blog

Some affiliates that pay are: Sponsored reviews and Check out the market space!

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