Online Education And Career: February 2016

What is affiliate marketing?

Affiliate marketing is one of the oldest types of marketing. Where you refer someone to any online product and when that person buys the product based on your recommendation, you receive a commission. This commission varies from $1 to $10000, depending on what product you are promoting.

It works is that an affiliate is rewarded every time a visitor, customer or sale for your business is generated through an advertisement on their website. Most of the companies are starting to use this form of marketing to reward affiliates for generating website visitors to their business.

In affiliate marketing, many products can buy on the website. Affiliate marketing is another tool for business to compete in today’s world. Affiliate program takes monthly a minimum of three months. Businesses have to choose web sites like Google, Yahoo!, Ask.com and popular site such as Amazon.com as affiliates. These are also great affiliate tools and have helps to thousands of businesses increase their traffic.

Process of Affiliate Marketing:

Why use affiliate Marketing:

1 . Low Entry Price

From the starting point, affiliate program budget is very low. Most of online ads and marketing techniques have depending on starting cost often that is inaccessible to a startup that is looking to invest much money possible into providing a good website and a good product. With affiliate marketing, all you have on website and purchase an affiliate solution. No other costs are taking before your ads start no paying.

2. No any Sales Staff employ
Save money in your sales department because you don't have to pay for employees even when the products are not increasing, employ less workers and pay to your affiliates only when they bring you a sale or products.

3. Extra Traffic is for free
The ads your affiliates place on the sites are bring to you traffic. But only a portion of that traffic will result in sales on website, so you get extra page views for free, as a bonus on top of the sales your affiliates are sending you.

4. Don’t Pay for Ads that Don't Work

You pay only to your affiliate when he brings a successful sale, never waste money for ads before.

5. It just works
Your affiliate program has final added benefit, once it is setup then you don't have to do anything but recruit one new affiliate and wait for the sales to start incoming. The software will eventually provide your banner, text and other ads to affiliates and it will automatically record sales successfully.

Benefits and risks:

1. It takes in a larger amount of web traffic.

2. More effective use of advertising budget

3. It helps your company reach new customer in different countries. So, Makes relationship strong.

4. It builds relationships with high volume affiliates.

5. Easy tracking

Tips to making money from affiliate marketing:

1. Choose the correct niche: This is one of the biggest factors of whether you'll succeed in making money online.

2. Find a mentor: You need to answer questions like How to make a website? Which products should you promote? How can you get visitors to your website? How to promote your products?

3. Get a free blog: Use a free blogging platform like WordPress or Blogger to create a site for free which can start to make you money.

4. Don't spend money: The goal of affiliate marketing is to make money, but it's also very easy to spend money. Concentrating on free traffic generation while you find your pattern.

5. This is not a get rich quick scheme: It is not quick scheme means we shouldn’t expect to put up a website in the morning and at afternoon get with your first cheque.

Top Companies:

Amazon.in

Amazon has started affiliate program in India to promote sales.