Affiliate Marketing - Selling other peoples products
Many people have become very wealthy even to millionaire status by selling other peoples products.
These people are called Affiliates and this is, in basic terms, how it works:-
You (The Affiliate) create a simple web page all about your passion or niche. (How you create that page comes later.
On that page will be an relating advert with a link with special coding.
When someone clicks that link they are taken to a sales page of the person who’s product you are promoting. This is called an affiliate link.
When you (the Affiliate) sends a customer to their website and they make a purchase, you receive a commission. It's that simple.
Someone else creates a product, creates the packaging, creates the sales-page. You JUST send traffic in their direction by promoting the web page that you have created.
Say you have decided to keep your theme about Cycling but have decided to go for a niche portion of this subject and have decided to adjust your business to concentrate on the bicycle spare parts market. So you have created a web-page or website about Cycling, on which there is an advertisement for, say, brake cables.
When a person needing new brake cables comes to r your website and clicks on the advert, they are then taken to the sales page belonging to the person actually selling the brake cables.
If they then make a purchase you are then rewarded for promoting their product on your website. Sounds easy doesn't it? It takes a bit of concentration at first, then It becomes easier later on, when you know to source these affiliate products, when you know how to quickly build a web page or website, and when you know how to get loads of people to view that site. This is all covered later.
But back to the product. What has just been covered, are the basic steps of selling an affiliate product. Now is the time for you to step back a little, and relate this information to your own business.
Look first again at your own subject matter. Are there people out there selling products that have a synergy with your potential business? Do they have an affiliate scheme?
Tip:- To find this information, go to their website and look for an "affiliate" or"webmasters" tab. If not, scroll to the foot of their page and search there. If in doubt, contact them.
There are also affiliate-dedicated websites which are totally geared towards internet marketing such as Clickbank. Clickbank's greatest strength is that it is a one stop shop for everything product-related for the budding internet entrepreneur. It has thousands of different affiliate down-loadable products. All you need to do is choose a product that is best suited for your site
If this is for you, just go to the clickbank website and follow the affiliate steps.
This may not be for you, Clickbank seems (at the time of writing) mainly geared towards American products and you may be based in the UK or central Europe. This is no problem as there similar companies to Clickbank that cover all kind of niches such as Affiliate Future and Commission Junction.
Or If, for example, your niche is about obtaining credit, such as mortgages, credit cards or hire purchase, there are a lot of company's who will willingly reward you for sending them trade. A very famous credit card company, until recently, was rewarding its affiliates with £200 for every customer that was sent to its site. Imagine just two of those per week, that's over £20500 per year without earning anything else.
You would be surprised how many well known companies have an affiliate scheme, Amazon, for example, have such a scheme, it only pays approximately 5 - 8% but if you send enough traffic…
So you see how this can work. You’ll find your favourite affiliate scheme in due course by trial and error
The other revenue stream that hasn't yet been mentioned, is making money with Google ads. This is one of those subjects that are harder to describe than actually do. But basically how it works is that Google operates a scheme called "Adsense" whereby if you allow Google to advertise on websites that belong to you, Google will reward you nearly every time someone "clicks" on an advert.
How much that reward is depends on different criteria such as subject matter, personal interest, recent searches etc.
Google will scan your page to make sure that its advertisements compliment your subject matter. (although sometimes the ads relate to the persons recent searches) Your skill will be where to site the Google ads to best maximize your profit by getting the maximum clicks. Warning. Do not be tempted to click on your own adverts! You will get found out and banned.
So that's enough about products, time to discuss how to sell those products and make some money!
You are going to need a website!
Get your internet business up, running and successful!